Academy Sports and Outdoors: Unwrapping Insights Into Holiday Season And Q3 Earnings

Luca Socci
4.76K Followers

Summary

  • Holiday season puts a spotlight on Academy Sports and Outdoors as consumers are forecast to spend almost $900 each during the holidays.
  • Academy has shown strong growth and profitability compared to competitors, with plans to expand across the US.
  • Q3 earnings are expected to show improved sales and margins, and Academy is focusing on increasing its online sales penetration.
Academy Sports + Outdoor

J. Michael Jones/iStock Editorial via Getty Images

Introduction

Holiday season has finally come. Another year has almost gone by and, once again, many predictions about what the year would have brought have been proven untrue, while many surprises have come, both positive and negative.

As investors, this season

This article was written by

4.76K Followers
I focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that profitability is a much safer driver of gains than low valuation. As a result, I give utmost importance to margins, free cash flow stability and growth, and returns on invested capital. I research stocks within my areas of competence and whenever I find a high-quality company, I usually never get bored in researching it more and more.

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.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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