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Academy Sports + Outdoors Announces Preliminary First Quarter Fiscal 2026 Sales Update Ahead of its Analyst Day

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Academy Sports + Outdoors (Nasdaq: ASO) provided a preliminary first quarter fiscal 2026 sales update ahead of its Analyst Day on April 7, 2026 at 9:00 a.m. ET. The company expects Q1 sales up 6%–7% and comparable sales up 2%–3%.

The company said it will report full Q1 fiscal 2026 financial results and communicate any changes to fiscal 2026 guidance in June 2026.

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Negative

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News Market Reaction – ASO

-3.20%
19 alerts
-3.20% Session close to close
-4.6% Trough in 36 min
$3.65B Market Cap
0.2x Rel. Volume

In the Apr 7 session, ASO declined 3.20%, reflecting a moderate negative market reaction. Argus tracked a trough of -4.6% from its starting point during tracking. Our momentum scanner triggered 19 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights preliminary Q1 fiscal 2026 sales growth of 6%–7% and comparable sales u...
Analysis

This announcement highlights preliminary Q1 fiscal 2026 sales growth of 6%–7% and comparable sales up 2%–3%, which compares against earlier guidance for 2%–5% full‑year sales growth. It precedes the company’s Analyst Day and the full Q1 release planned for June 2026. Investors may focus on how these early trends translate into updated guidance, margin details, and whether recent strategic initiatives are sustaining this stronger top‑line pace.

Key Figures

Q1 sales growth: 6%–7% Q1 comparable sales: 2%–3% Analyst Day time: 9:00 a.m. ET +1 more
4 metrics
Q1 sales growth 6%–7% Expected first quarter fiscal 2026 sales growth
Q1 comparable sales 2%–3% Expected first quarter fiscal 2026 comparable sales growth
Analyst Day time 9:00 a.m. ET Start time of Analyst Day on April 7, 2026
Results timing June 2026 Planned reporting of full Q1 fiscal 2026 financial results

Historical Context

5 past events · Latest: Apr 02 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 02 Conference participation Neutral -0.6% Participation in J.P. Morgan Retail Roundup investor conference and webcast.
Mar 31 Analyst Day announcement Positive +2.2% Announcement of 2026 Analyst Day to present long-term strategy and growth plans.
Mar 20 Loyalty program launch Positive -2.0% Launch of new myAcademy Rewards credit card and enhanced loyalty program benefits.
Mar 17 Earnings and guidance Positive -11.7% Fiscal 2025 results with sales growth and fiscal 2026 sales and EPS guidance.
Mar 12 Marketing campaign Positive -4.0% Five-week work boot promotion featuring multiple brands and discounts.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Positive strategic and financial updates have often seen mixed or negative next-day moves, indicating a tendency for the stock to diverge from upbeat headlines.

Recent Company History

Recent news for ASO has focused on strategy and growth. A March 17, 2026 earnings release highlighted $6.05B in fiscal 2025 net sales and 2.0% growth, plus guidance for 2%–5% sales growth in fiscal 2026. Subsequent announcements covered a new rewards credit card launch, a work boot campaign, and the upcoming 2026 Analyst Day. Today’s preliminary Q1 update, calling for 6%–7% sales growth and 2%–3% comps, builds directly on that guidance framework.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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KATY, Texas, April 7, 2026 /PRNewswire/ -- Academy Sports + Outdoors ("Academy" or the "Company") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, today provided an update on its first quarter fiscal 2026 sales and comparable sales in advance of its Analyst Day event on April 7, 2026 at 9:00 a.m. Eastern Time.

The Company expects sales for the first quarter to be up 6% - 7%, with comparable sales up 2% - 3%. The Company plans to communicate any changes to its fiscal 2026 guidance when it reports full first quarter fiscal 2026 financial results in June 2026.

About Academy Sports + Outdoors
Academy is a leading full-line sporting goods and outdoor recreation retailer in the United States. Originally founded in 1938 as a family business in Texas, Academy has grown to more than 300 stores across 21 states and counting. Academy's mission is to provide "Fun for All" and Academy fulfills this mission with a localized merchandising strategy and value proposition that strongly connects with a broad range of consumers. Academy's product assortment focuses on key categories of outdoor, apparel, sports & recreation and footwear through both leading national brands and a portfolio of private label brands. For more information, visit www.academy.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on Academy's current expectations and are not guarantees of future performance. Forward-looking statements may incorporate words such as "believe," "expect," "anticipate," "forward," "ahead," "opportunities," "plans," "priorities," "goals," "future," "short/long term," "will," "should," or the negative version of these words or other comparable words. Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory, environmental, and other factors that could affect overall consumer spending or our industry, including the possible effects of ongoing macroeconomic challenges, inflation and in higher interest rates, trade policy changes or additional tariffs, geopolitical tensions, or changes to the financial health of our customers, many of which are beyond Academy's control. These and other important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in Academy's filings with the U.S. Securities and Exchange Commission (the "SEC"), including the Annual Report on Form 10-K under the caption "Part 1A. Risk Factors," as may be updated from time to time in our periodic filings with the SEC. Any forward-looking statement in this press release speaks only as of the date of this release. Academy undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Media inquiries: 
Meredith Klein, Vice President of Communications
346.823.6615
meredith.klein@academy.com

Investor inquiries:
Dan Aldridge, Vice President of Investor Relations
832.739.4102
dan.aldridge@academy.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/academy-sports--outdoors-announces-preliminary-first-quarter-fiscal-2026-sales-update-ahead-of-its-analyst-day-302734913.html

SOURCE Academy Sports + Outdoors

FAQ

What did ASO announce about first quarter fiscal 2026 sales on April 7, 2026?

ASO expects first quarter fiscal 2026 sales to be up 6%–7%. According to the company, this is a preliminary update issued ahead of its Analyst Day and precedes full Q1 results due in June 2026.

What comparable sales did ASO report for Q1 fiscal 2026 (Nasdaq: ASO)?

ASO expects comparable sales to increase 2%–3% in Q1 fiscal 2026. According to the company, this range is preliminary and will be finalized when full first quarter financial results are released in June 2026.

When is ASO's Analyst Day and will Q1 fiscal 2026 results be released then?

ASO held its Analyst Day on April 7, 2026 at 9:00 a.m. ET. According to the company, full Q1 fiscal 2026 financial results and any guidance changes are scheduled for release in June 2026.

Will ASO update its fiscal 2026 guidance with the April 7, 2026 sales update?

ASO did not update fiscal 2026 guidance with the April 7, 2026 sales update. According to the company, any guidance changes will be communicated when full Q1 fiscal 2026 results are reported in June 2026.