Why Academy Sports and Outdoors Stock Just Popped
Forget about Dick's earnings miss. Academy Sports and Outdoors is firing on all cylinders.
Overview
Academy Sports and Outdoors (NASDAQ: ASO) stock soared 10.9% through 10 a.m. ET Wednesday after reporting an earnings beat this morning.
Expected to earn $2.09 per share on sales of $1.66 billion, Academy instead reported a $2.31 per share (non-GAAP) profit for Q2 on sales only slightly worse than expected -- $1.65 billion. Its forecast for the rest of the year was similar: Better earnings than Wall Street anticipated, and only slightly worse sales.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.