Academy Sports Shares Rise 3% On Hoka Running Shoe Launch

BMO Capital increased its price target for Academy Sports & Outdoors (ASO) to $47 from $42, citing better-than-expected Q2 earnings of $2.17 per share, driven by a tariff refund. The firm raised its full-year guidance but maintained a Market Perform rating. ASO reported a 0.4% decline in comparable sales, better than expected, prompting other analysts to raise their price targets.

Academy Sports (ASO) reported Q2 net sales of $1.647B, up 3% YoY, and adjusted EPS of $2.31, beating estimates. The company raised its FY2026 adjusted EPS guidance to $6.50-$6.90. Shares fell 0.8% in pre-market trading. Analysts raised price targets, with Barclays at $53 and UBS at $58.

Academy Sports & Outdoors (ASO) stock is down 0.2% pre-market at $51.06 after a strong rally. The company beat Q2 earnings estimates and raised full-year guidance. Analysts remain cautious, citing challenges in comparable sales growth and macroeconomic headwinds. The broader market is mixed, with the S&P 500 up 0.1% and NASDAQ down 0.1%.

Academy Sports and Outdoors Inc (ASO) reported Q2 net income of $190.6M, up from $171.5M YoY. The company operates 327 stores, has a GF Score of 77/100, and is undervalued at $51.20 vs. GF Value of $60.27. Strengths include strong financials and localized merchandising, while weaknesses include supply chain risks and moderate growth.

Caleres Inc (CAL) reported Q2 earnings of $0.47 per share, beating estimates of $0.37, and raised FY26 EPS guidance. Shares rose 14.4% to $13.76. Other companies like Opus Genetics (IRD), Signet Jewelers (SIG), and Flotek Industries (FTK) also saw significant gains due to positive updates.

Academy Sports and Outdoors (ASO) reported Q2 earnings of $2.31 per share, beating estimates, with revenue of $1.65B. The company raised its full-year EPS guidance to $6.50-$6.90 and affirmed sales outlook. Shares surged over 11% premarket. Net sales rose 3.0% YoY, while comparable sales fell 0.4%.