Academy Sports and Outdoors Fiscal Q2 Adjusted Earnings, Sales Rise; Lifts Fiscal 2026 Adjusted EPS Guidance

08:18 AM EDT, 09/09/2026 (MT Newswires) -- Academy Sports and Outdoors (ASO) reported fiscal Q2 adjusted earnings Wednesday of $2.31 per diluted share, up from $1.94 a year earlier. Analysts polled by FactSet expected $2.07. Net sales for the quarter ended Aug. 1 were $1.65 billion, compared with $1.60 billion a year earlier. Analysts expected $1.65 billion. The company said it now expects fiscal 2026 adjusted earnings per diluted share of $6.50 to $6.90, compared with its previous guidance of $6.40 to $6.80. Analysts predict $6.43. Academy Sports and Outdoors reiterated its fiscal 2026 net sales guidance of between $6.23 billion and $6.36 billion. Analysts predict $6.31 billion. The board declared a quarterly cash dividend of $0.15 per share on Sept. 2, payable Oct. 14 to shareholders of record Sept. 16. Shares of the company were over 11.8% higher in Wednesday premarket activity.