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Academy Sports and Outdoors, Inc. 8-K Filings

ASO NASDAQ

Every 8-K that Academy Sports and Outdoors, Inc. (ASO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow ASO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ASO filings page.

Rhea-AI Summary

Academy Sports & Outdoors, Inc. (ASO) reported second quarter fiscal 2026 net sales of $1.65 billion, up 3.0%, while comparable sales declined 0.4%. Diluted GAAP EPS rose to $2.17 from $1.85, and adjusted diluted EPS increased to $2.31 from $1.94, helped by tariff-related benefits and higher gross margins.

Gross margin expanded to 40.4% from 36.0% and year-to-date net sales grew 4.7% to $3.09 billion with comparable sales up 1.1%. The company generated $349.0 million in operating cash flow in the first twenty-six weeks, repurchased $182.1 million of shares, paid $19.0 million in dividends, and opened three new stores, reaching 327 locations.

For fiscal 2026, Academy reaffirmed net sales guidance of $6.23–$6.36 billion (3–5% growth) and raised its outlook for gross margin rate, GAAP diluted EPS to $6.05–$6.45, adjusted diluted EPS to $6.50–$6.90, and adjusted free cash flow to $300–$350 million, while assuming a tax rate of approximately 22.0%.

Rhea-AI Summary

Academy Sports and Outdoors, Inc. reported first quarter fiscal 2026 net sales of $1.44 billion, up 6.7% from $1.35 billion a year earlier, with comparable sales increasing 2.9%.

Net income rose to $52.7 million from $46.1 million, and diluted GAAP EPS increased 17.6% to $0.80. Adjusted diluted EPS grew 22.4% to $0.93, reflecting higher equity-compensation add-backs. Gross margin was 33.2%, slightly below 34.0% last year, while SG&A leverage improved as a percentage of sales.

Cash from operations was $160.6 million and adjusted free cash flow reached $121.6 million. The company opened two new stores, bringing the total to 324, and highlighted plans for 18–23 additional openings in fiscal 2026. Based on Q1 results, Academy raised the low end of its fiscal 2026 outlook, now guiding net sales between $6.23 billion and $6.36 billion, GAAP diluted EPS of $5.95–$6.35, and adjusted diluted EPS of $6.40–$6.80. The board declared a quarterly dividend of $0.15 per share.

Rhea-AI Summary

Academy Sports and Outdoors, Inc. reported results from its 2026 Annual Meeting of Stockholders held on June 4, 2026. Stockholders elected three Class III directors—Ken Hicks, Beryl Raff, and Jeff Tweedy—for two-year terms ending at the 2028 Annual Meeting.

Hicks received 56,212,506 votes for and 503,348 withheld, Raff received 56,390,582 for and 325,272 withheld, and Tweedy received 56,416,017 for and 299,837 withheld, with 4,056,313 broker non-votes for each. Stockholders also ratified Deloitte & Touche LLP as independent auditor with 59,714,421 votes for and approved 2025 executive compensation on a non-binding basis with 56,136,547 votes for.

The Board appointed Shannon Hennessy to the Compensation Committee and Clay Johnson to the Audit Committee, effective immediately, reflecting routine committee assignment updates following the meeting.

Rhea-AI Summary

Academy Sports and Outdoors, Inc. is refinancing its debt structure through a new bond issue and credit facility amendment. Its subsidiary Academy, Ltd. issued $500 million aggregate principal amount of 5.875% Senior Secured Notes due 2031 in a private placement under Rule 144A and Regulation S.

The company is using the net proceeds to redeem all outstanding senior secured notes due 2027, fully prepay its $400 million senior secured term loan, pay related fees and expenses, and for general corporate purposes. The notes are secured by substantially all personal property of the issuer and guarantors and pay interest semi-annually, maturing on May 15, 2031.

Academy also amended its asset-based revolving credit facility, extending its maturity to May 14, 2031 and updating the pricing grid. The amendment allows the ABL agent to reserve against borrowings for note principal above $100 million near the ABL facility’s maturity, linking revolver availability to the bond balance.

Rhea-AI Summary

Academy Sports and Outdoors, Inc. announced that its wholly owned subsidiary, Academy, Ltd., has priced a private offering of $500 million aggregate principal amount of 5.875% senior secured notes due 2031. The offering is expected to close on May 14, 2026, subject to customary conditions.

The company intends to use the net proceeds to redeem all of its outstanding senior secured notes due 2027, repay all outstanding amounts under its term loan facility, pay related fees and expenses, and for general corporate purposes. The notes will be guaranteed on a senior secured basis by certain subsidiaries and secured by first‑priority liens on substantially all personal property of the issuer and guarantors, plus second‑priority liens on assets securing the issuer’s asset‑based revolving credit facility.

The notes are being sold in a private transaction exempt from registration, only to qualified institutional buyers under Rule 144A and to certain non‑U.S. persons under Regulation S, and will not be registered under U.S. securities laws.

Rhea-AI Summary

Academy Sports and Outdoors, Inc. announced that its wholly owned subsidiary, Academy, Ltd., intends to privately offer $500 million aggregate principal amount of senior secured notes due 2031 to eligible investors under Rule 144A and Regulation S.

The subsidiary plans to use net proceeds to redeem all outstanding senior secured notes due 2027, repay all amounts under its term loan facility, and pay related fees and expenses, with any remainder for general corporate purposes. A conditional redemption notice sets a May 14, 2026 redemption date for the 2027 notes, contingent on completing an offering of at least $500 million of the new notes.

Rhea-AI Summary

Academy Sports and Outdoors, Inc. is updating investors ahead of its 2026 Analyst Day with a preliminary look at first quarter fiscal 2026 results and a detailed long-range growth plan. The company expects first quarter sales to rise 6%–7%, with comparable sales up 2%–3%, signaling a return to positive same-store growth.

Management is presenting a strategy built around new store openings, stronger omnichannel capabilities, and customer loyalty initiatives. For fiscal 2025, Academy reports roughly $6.1 billion in total sales across 322 stores in 21 states, a 9% Adjusted EBIT margin, and 20% return on invested capital. Long-range goals include $8 billion+ in sales, 125+ additional stores, a 7% net income margin, 15%+ e-commerce penetration, and $9 GAAP EPS, supported by low net leverage of 0.2x and about $1.8 billion already returned to shareholders.

Rhea-AI Summary

Academy Sports and Outdoors, Inc. announced it will host a 2026 Analyst Day event on April 7, 2026, beginning at 9:00 a.m. Eastern Time. Management presentations will cover the company’s long-term strategy and provide updates on key growth initiatives.

The event will be accessible via a live webcast on the Investor Relations section of the company’s website, with presentation materials posted immediately beforehand. A replay of the webcast will remain available online for approximately 30 days, allowing broader access for investors and analysts.

Rhea-AI Summary

Academy Sports and Outdoors reported modest growth for the fourth quarter and fiscal 2025 and issued 2026 guidance. Q4 net sales were $1.72B, up 2.5%, with comparable sales down 1.6%. Diluted EPS rose to $1.98, a 4.8% increase.

For fiscal 2025, net sales reached $6.05B, up 2.0%, while comparable sales declined 1.5%. Net income was $376.8M, down 9.9%, and diluted EPS was $5.54. The company opened 24 new stores, ending the year with 322 locations and increasing gross margin to 34.8%.

For fiscal 2026, Academy guides net sales to $6.18B–$6.36B, or 2–5% growth, comparable sales between -1% and +2%, and diluted EPS of $5.65–$6.15. It plans to open 20–25 additional stores and raised its quarterly dividend by about 15% to $0.15 per share.

Rhea-AI Summary

Academy Sports and Outdoors, Inc. reported that independent Class I director Chris Turner has resigned from the Board of Directors. He notified the Board on September 14, 2025, with his resignation effective September 16.

The company states that Mr. Turner’s resignation was not due to any dispute or disagreement with the company or the Board regarding operations, policies, or practices.

Rhea-AI Summary

Academy Sports and Outdoors, Inc. furnished an update on its recent performance by issuing a press release with financial results for the quarter ended August 2, 2025. The press release, dated September 2, 2025, is included as Exhibit 99.1.

The company also made a Second Quarter 2025 Supplemental Presentation available on its investor website, which is attached as Exhibit 99.2. Both the press release and the presentation are being furnished under Items 2.02 and 7.01 of the report and are not deemed filed or incorporated into other securities law filings unless specifically referenced.