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Academy Sports + Outdoors Grows Retail Footprint with Two New Locations in Ohio and Oklahoma

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(Neutral)
Rhea-AI Sentiment
(Very Positive)
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Academy Sports + Outdoors (Nasdaq: ASO) will open two new stores in North Canton, Ohio and Muskogee, Oklahoma as part of a plan to open 20–25 new stores in fiscal 2026. The openings raise Academy's Ohio count to four and Oklahoma to 14.

The company expects the two stores to create about 120 jobs and is donating over $10,000 to local Parks and Recreation programs supporting more than 40 children. The North Canton grand opening will include a youth shopping event hosted with Cleveland safety Grant Delpit.

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Positive

  • 20–25 new stores planned in fiscal 2026
  • Expansion footprint: 4 stores in Ohio, 14 stores in Oklahoma after openings
  • Job creation: approximately 120 new local jobs from the two store openings
  • Community donation: more than $10,000 committed to local Parks and Recreation programs
  • Track record: opened 24 new stores in 2025 and 16 in 2024

Negative

  • None.

News Market Reaction – ASO

+1.18%
1 alert
+1.18% News Effect

On the day this news was published, ASO gained 1.18%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Planned 2026 store openings: 20–25 new stores Ohio store count: 4 locations Oklahoma store count: 14 locations +5 more
8 metrics
Planned 2026 store openings 20–25 new stores Stated fiscal 2026 expansion plan
Ohio store count 4 locations Total Ohio stores after North Canton opening
Oklahoma store count 14 locations Total Oklahoma stores after Muskogee opening
Community donation Over $10,000 Support for youth via local Parks and Recreation groups
Children supported More than 40 children Beneficiaries tied to new store communities
New jobs from two stores About 120 jobs Estimated roles created in North Canton and Muskogee
2025 new stores 24 new stores Opened across 16 states in 2025
2024 new stores 16 new stores Opened across 10 states in 2024

Market Reality Check

Price: $56.34 Vol: Volume 1,708,937 vs 20-da...
normal vol
$56.34 Last Close
Volume Volume 1,708,937 vs 20-day average 1,255,242, indicating elevated trading interest ahead of the opening news. normal
Technical Price $59.36 is above the 200-day MA $51.10 and sits about 5% below the $62.45 52-week high, well above the $33.34 52-week low.

Peers on Argus

ASO fell about 1.6% while key specialty retail peers like RH (+3.18%), BBWI (+5....

ASO fell about 1.6% while key specialty retail peers like RH (+3.18%), BBWI (+5.88%), and FIVE (+3.44%) traded higher, suggesting a stock-specific reaction rather than a sector-wide move.

Historical Context

5 past events · Latest: Mar 06 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Mar 06 Dividend increase Positive -0.2% Quarterly dividend raised to $0.15 per share, marking fourth year of growth.
Mar 05 Promotional campaign Positive -0.7% Launch of Academy Run Month with deals, clinics, and youth-focused donations.
Mar 04 Sales promotion Positive +1.8% Grand Slam youth baseball and softball promotion with discounts up to 50%.
Mar 03 Earnings call notice Neutral -0.7% Announcement of date and access details for Q4 and fiscal 2025 results call.
Dec 19 Community giving Positive -2.2% Holiday program gifting over $135,000 in cards and nearly $72,000 in gifts.
Pattern Detected

Recent community, promotion, and dividend announcements were generally positive but often met with flat to negative next-day moves, with only one promotional event showing a clearer positive alignment.

Recent Company History

Over the last few months, Academy has highlighted shareholder returns and community engagement, including a $0.15 quarterly dividend increase and sizeable holiday giving exceeding $135,000. Marketing-driven events such as Run Month and the Grand Slam youth baseball promotion showed mixed price reactions, with moves from -0.74% to +1.77%. An earnings call announcement on March 17, 2026 also saw a modest decline. Today’s store expansion update fits into this pattern of operational and community growth news with uneven short-term stock responses.

Market Pulse Summary

This announcement details Academy’s continued brick-and-mortar expansion, adding two stores in North...
Analysis

This announcement details Academy’s continued brick-and-mortar expansion, adding two stores in North Canton, Ohio and Muskogee, Oklahoma, with plans for 20–25 new locations in fiscal 2026. It builds on 24 openings in 2025 and 16 in 2024, plus community investments exceeding $10,000 and about 120 new jobs tied to these stores. Investors may track future updates on profitability of new locations, overall store productivity, and the upcoming earnings release for signs of how expansion supports long-term performance.

AI-generated analysis. Not financial advice.

Company plans to open a total of 20-25 new stores in fiscal 2026

KATY, Texas, March 10, 2026 /PRNewswire/ -- Academy Sports + Outdoors ("Academy" or the "Company") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, is excited to announce it will open two new locations in North Canton, Ohio and Muskogee, Oklahoma. With these stores, the company now has four locations in Ohio, and 14 locations in Oklahoma and is on its way to opening a total of 20-25 new stores in fiscal 2026.

As Academy expands its footprint, the company is reinforcing its commitment to making a positive impact in each community it serves. Academy is donating over $10,000 to support more than 40 children through local Parks and Recreation groups tied to the new stores.

The community impact will be on full display at the grand opening of Academy's North Canton, Ohio store, where Cleveland safety Grant Delpit is expected to join Academy in hosting 20 local youth selected by Canton Parks & Recreation leadership for a shopping spree. Delpit's involvement reflects the importance of community partnerships and Academy's belief that fun can't lose.

"Expanding into North Canton and Muskogee is an exciting step forward as Academy continues to grow and reach more customers across the country," said Eric Friederich, Senior Vice President of retail operations at Academy Sports + Outdoors. "We're focused on extending our footprint with intention, growing in the right markets, strengthening our connection with customers, and creating stores that make it easier for families to get out and enjoy the activities they love."

2026 Q1 New Store Opening Locations

North Canton, OH

Muskogee, OK

The two new stores are expected to bring about 120 total new jobs to their local communities. Individuals interested in careers at Academy can visit careers.academy.com to apply for open positions.

In 2025, Academy opened a total of 24 new stores across 16 states including its first locations in Maryland and Pennsylvania. The previous year, in 2024, Academy's expansion efforts resulted in opening 16 new stores across 10 different states.

Every Academy store is a fun destination where families can find apparel, footwear, sports and camping equipment, hunting and fishing gear, outdoor cooking, and more from top national brands at an everyday value. Academy also offers free services such as grill and bike assembly, scope mounting, bore sighting, line winding/spooling, and propane exchange. Hunting and fishing licenses are also available to purchase in stores.

Additionally, Academy offers value and quality through its exclusive, private label brands such as Magellan OutdoorsFreelyR.O.W.BCGH2OXRedfield, and Mosaic, which offer great choices for outdoor apparel and equipment, women's and men's apparel, workout attire, fishing equipment, hunting optics and accessories, and outdoor furniture, respectively.

Customers can find the best assortment of athletic and casual shoes, sports and outdoors equipment, and clothing from top national brands such Nike, adidas, Carhartt, YETI, Stanley, Marucci, Titleist, Shimano, Brooks, Blackstone, Owala and more, in-store and, online, and through the Academy mobile app.

Customers are invited to sign-up for Academy's rewards program, myAcademy Rewards, which includes a $15 welcome offer, lower free shipping minimum ($25), insider access to personalized offers, deals and products, faster online and in-app checkout, and an annual birthday reward. See Terms for more details.

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 are usually identified by or are associated with such words as "intends," "will," "plan," "believe," "expect," "may," and/or the negatives or variations of these terms or similar terminology. Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory and other factors, many of which are beyond Academy's control. 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 Academy's Annual Report on Form 10-K under the caption "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 released. Academy undertakes no obligation to publicly update or revise any forward-looking statement, except as may be required by any applicable securities laws.

Media Contact: Selena Mejia, Public Relations Sr. Manager, publicrelations@academy.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/academy-sports--outdoors-grows-retail-footprint-with-two-new-locations-in-ohio-and-oklahoma-302708470.html

SOURCE Academy, Ltd. d/b/a Academy Sports + Outdoors

FAQ

When will Academy (ASO) open its North Canton and Muskogee stores?

The two stores are scheduled as part of Academy's Q1 2026 store openings. According to the company, North Canton, OH and Muskogee, OK are listed as 2026 Q1 new-store locations and will open in that quarter.

How many total new stores does Academy (ASO) plan for fiscal 2026?

Academy plans to open between 20 and 25 new stores in fiscal 2026. According to the company, the North Canton and Muskogee locations are included in that 20–25 targeted-store rollout for the fiscal year.

What employment impact will the two new Academy (ASO) stores have locally?

The two new stores are expected to create about 120 total new jobs in their communities. According to the company, those positions will support store operations and local hiring efforts tied to each opening.

What community initiatives will Academy (ASO) support with the new store openings?

Academy is donating over $10,000 to local Parks and Recreation groups and hosting youth activities. According to the company, more than 40 children will be supported through these local donations and events.

How does the recent expansion compare to Academy's 2024–2025 store growth?

Academy opened 24 stores in 2025 and 16 stores in 2024, continuing multi-year expansion. According to the company, the 2026 plan of 20–25 new stores follows that recent growth trajectory.
Academy Sports & Outdoors, Inc.

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