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0 0 0 0.00512632735261798 0.020322226290736 0.0222445990479677 0.0159282314170633 0.0225192237275723
Stock impact report

Academy Sports & Outdoors: Upgrade To Buy On Better Fundamental Outlook [Seeking Alpha]

Academy Sports and Outdoors, Inc. (ASO) 
Company Research Source: Seeking Alpha
Q3 net sales grew 3% y/y to $1.38B, with gross margin expanding 170 bps to 35.7% and adj. EPS up 16.3% y/y. High-income households now comprise ~40% of sales, with premium-brand partnerships fueling traffic and private label adoption, creating a sticky, higher-margin customer base. New stores opened since 2022 are outperforming, contributing ~50 bps to total comp in Q3, supporting ongoing unit growth and comp sales acceleration. MoMo Productions/DigitalVision via Getty Images Investment overview I wrote about Academy Sports & Outdoors ( ASO ) previously with a hold rating stance because I struggled to see a clear catalyst that would cause an upwards re-rating. My view has This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensa Show less Read more
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