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Academy Sports and Outdoors, Inc. (NASDAQ:ASO) looks cheap based on traditional valuation metrics. The market doesn't believe that the current earning levels are sustainable.
Management is guiding for a slowdown in sales of between 1-3% and
Analyst’s Disclosure:I/we have a beneficial long position in the shares of ASO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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