Welcome to our dedicated page for Academy Sports & Outdoors SEC filings (Ticker: ASO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Academy Sports and Outdoors, Inc. filings document the regulatory record of a Nasdaq-listed sporting goods and outdoor recreation retailer. Its Form 8-K reports cover operating results, earnings presentations, Regulation FD updates, analyst-day materials, dividend announcements, board changes, and capital-structure disclosures involving Academy, Ltd. and senior secured debt.
The company’s proxy materials describe shareholder voting matters, board governance, executive compensation, equity awards, and related annual meeting disclosures. Other filing content identifies the company’s common stock, Delaware corporate status, exchange listing, and recurring risk and governance subjects associated with a public retail operator.
Academy Sports and Outdoors, Inc. reported 2026 first-quarter net sales of $1,442,003 (amounts in thousands), up 6.7% from 2025, with net income of $52,703 (thousands), a 14.4% increase. Diluted earnings per share were $0.80 versus $0.68 a year earlier.
Comparable sales grew 2.9%, driven by a 4.5% increase in average ticket, while e-commerce net sales rose 17.4% and reached 11.0% of merchandise sales. Gross margin was 33.2%, down 80 basis points, mainly from 110 basis points of tariff pressure, partly offset by lower shrink and freight costs.
Selling, general and administrative expenses leveraged to 28.1% of sales despite higher investments in new stores and technology. Operating cash flow was $160,606 (thousands), funding $38,903 (thousands) of capital expenditures, $98,412 (thousands) of share repurchases for 1,703,031 shares, and a $0.15 per-share dividend.
The company ended the quarter with $337,810 (thousands) of cash and no ABL borrowings. After quarter-end, it issued $500,000 (thousands) of 5.875% Senior Secured Notes due 2031, redeemed $400,000 (thousands) of 6.00% notes, repaid an $85,000 (thousands) term loan, and extended its $1.0 billion ABL Facility maturity to 2031.
Academy Sports & Outdoors, Inc. president Samuel J. Johnson reported routine equity compensation activity involving restricted stock units. On June 9, 2026, he exercised 827 restricted stock units, which converted into the same number of common shares. In a related move, 326 common shares were disposed of to cover tax obligations, a non-market "F" code tax-withholding transaction. Following these transactions, Johnson directly holds 107,055 shares of common stock, indicating only a small portion of his position was used for taxes and no open-market buying or selling occurred.
Academy Sports & Outdoors, Inc. CEO Lawrence Steven Paul reported routine equity compensation activity. On June 9, 2026, he exercised 9,917 restricted stock units, converting them into the same number of Common Stock shares at a stated price of $0.0000 per share.
To cover tax obligations, 4,994 Common Stock shares were disposed of in a tax-withholding transaction at $51.67 per share, not an open-market sale. Following these transactions, he directly held 192,724 Common Stock shares, and the exercised RSUs no longer remain outstanding.
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.
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.
Academy Sports & Outdoors director Wendy A. Beck exercised restricted stock units into common stock. On June 3, 2026, 3,932 restricted stock units converted into 3,932 shares of common stock at a conversion price of $0.00 per share.
These units were granted under the company’s 2020 Omnibus Incentive Plan and vested in full after one year of service-based conditions. Following the transaction, Beck directly holds 21,550 shares of Academy Sports & Outdoors common stock, reflecting routine equity-based compensation rather than an open‑market purchase or sale.
Academy Sports & Outdoors, Inc. director Michael Dastugue exercised previously granted restricted stock units that converted into common stock on a one-for-one basis. He acquired 1,825 shares of common stock through this derivative exercise and, after the transaction, holds 1,825 common shares directly. The restricted stock units were originally granted under the company’s 2020 Omnibus Incentive Plan and vested based on continued service and certain change-in-control or termination conditions.
Academy Sports & Outdoors director Shannon Hennessy exercised time-based restricted stock units into common stock. On June 3, 2026, 1,825 restricted stock units converted on a one-for-one basis into 1,825 shares of common stock, all held directly after the transaction. These RSUs were granted on December 12, 2025 under the company’s 2020 Omnibus Incentive Plan and vested in full based on continued service conditions.
Academy Sports & Outdoors director Clay M. Johnson exercised previously granted equity awards, converting 1,825 restricted stock units into the same number of shares of common stock on June 3, 2026. The restricted stock units were granted under the company’s 2020 Omnibus Incentive Plan and had vested in full based on his continued board service. Following this transaction, he directly holds 1,825 shares of common stock and no remaining restricted stock units from this grant.
Academy Sports & Outdoors director Brian T. Marley exercised previously granted restricted stock units, receiving 3,932 shares of common stock. These restricted stock units converted to common stock on a one-for-one basis under the company’s 2020 Omnibus Incentive Plan.
The units were originally granted on June 13, 2025 as time-based awards that vest 100% after one year or earlier upon certain events such as death, disability, or a change in control, subject to continued service. Following this vesting-related conversion, Marley directly holds 43,039 shares of Academy Sports & Outdoors common stock, and no restricted stock units of this grant remain outstanding.