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home / news releases / ASO - Academy Sports and Outdoors: Better To Stay On The Sidelines For Now

ASO - Academy Sports and Outdoors: Better To Stay On The Sidelines For Now

Academy Sports and Outdoors Inc.

2024-07-16 11:28:59 ET

Summary

  • Hold rating recommended for Academy Sports and Outdoors stock.
  • Doubts about ASO's ability to meet FY24 guidance due to poor SSS growth and uncertain macro conditions.
  • Concerns about sustainability of gross margin and valuation pressure, suggesting a rangebound share price and potential for further decline.

Investment action

For further details see:

Academy Sports and Outdoors: Better To Stay On The Sidelines For Now
Stock Information
Company Name: Academy Sports and Outdoors Inc.
Stock Symbol: ASO
Market: NASDAQ
Website: academy.com
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