Academy Sports and Outdoors (ASO): Target Hikes Follow Q2, but No Upgrades
Academy Sports and Outdoors (ASO) reported Q2 2026 net sales of $1.65B (+3.0% YoY), adjusted EPS of $2.31 (+19.1%), and gross margin of 40.4%. Management raised full-year adjusted EPS and gross margin guidance. Analysts increased price targets but maintained cautious ratings, citing concerns over sustainable growth and a one-time tariff benefit.



