- Academy Sports and Outdoors press release ( NASDAQ: ASO ): Q2 Non-GAAP EPS of $2.30 beats by $0.26 .
- Revenue of $1.69B (-5.6% Y/Y) misses by $10M .
- Comparable sales declined 6.0%.
- The company reaffirms FY2022 sales guidance of $6.43B to $6.63B vs. consensus of $6.58B, comparable sales of -6% to -3%, gross margin rate of 33% to 33.5% and GAAP net income of $550M to $615M.
- The company raised adjusted EPS outlook to $6.75 to $7.50 from $6.55 to $7.25 vs. consensus of $6.94.
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Academy Sports and Outdoors Non-GAAP EPS of $2.30 beats by $0.26, revenue of $1.69B misses by $10M