Academy Sports and Outdoors (ASO) is likely to report a good Q4, but its outlook for 2025 could be muted, Wedbush said in a Thursday note. The results are due March 20.
The company had a strong holiday season, thanks to good execution on variables that it could control such as merchandising and promotions, Wedbush analysts said.
However, the analysts expected only a "modest" earnings beat due to a promotional environment and continued investments in selling, general and administrative expenses.
They also expected conservative 2025 guidance due to the potential demand destruction in the mass market discretionary sporting goods category from tariffs and a softer economy.
In case the firm does not "directly quantify tariff exposure across its enterprise and include potential pressures in guidance," it could lead to an overhang on shares, the analysts said.
"We continue to recommend ASO shares but do not expect a strong positive catalyst from 4Q24 earnings," they said.
Price: 44.44, Change: -0.43, Percent Change: -0.96
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。