Academy Sports raises full-year fiscal 2026 guidance on first quarter performance
Academy Sports & Outdoors raised the low end of its full-year fiscal 2026 guidance following first quarter results ended May 2, 2026. The retailer reported net sales of $1,442.0 million, up 6.7%, with comparable sales growth of 2.9% and eCommerce sales up 17.4%. Diluted GAAP EPS reached $0.80, up 17.6%, while adjusted EPS was $0.93, up 22.4%. The company updated its fiscal 2026 net sales guidance to $6,230 million to $6,355 million (from $6,175 million to $6,355 million), and raised comparable sales guidance to a range of 0% to 2.0% (from negative 1.0% to positive 2.0%).
Key facts
- First quarter ended May 2, 2026
- Net sales of $1,442.0 million, up 6.7%
- Comparable sales growth of 2.9%
- eCommerce sales increase of 17.4%
- Diluted GAAP EPS of $0.80, up 17.6%
- Adjusted EPS of $0.93, up 22.4%
- Net income of $52.7 million, up 14.3%
- Adjusted net income of $61.2 million, up 18.6%
- Updated fiscal 2026 net sales guidance: $6,230 million to $6,355 million
- Original fiscal 2026 net sales guidance: $6,175 million to $6,355 million
- Updated comparable sales guidance: 0% to 2.0%
- Original comparable sales guidance: (1.0)% to 2.0%
- Two new stores opened in first quarter
- Total store count: 324 locations
- Quarterly dividend of $0.15 per share declared June 4, 2026, payable July 16, 2026
Why it matters
The guidance raise reflects stronger-than-expected consumer demand and operational execution in the first quarter, providing shareholders with higher confidence in full-year profitability despite the company's continued caution about macroeconomic headwinds.
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Derived from 8-K filed 2026-06-09. Not investment advice. View the source filing on SEC.gov →