ASO Academy Sports & Outdoors, Inc.

FY2026 10-K
Filed: Mar 17, 2026
Consumer Discretionary
Retail-Miscellaneous Shopping Goods StoresSEC EDGAR

Academy Sports & Outdoors, Inc. (ASO) filed its fiscal year 2026 10-K annual report with the SEC on Mar 17, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2026 10-K

Business Overview

  • Core business: U.S. sporting goods and outdoor recreation retail with 322 stores in 21 states, focusing on value-based, localized merchandising
  • New emphasis on omnichannel growth with BOPIS and launched myAcademy Rewards loyalty platform in July 2024
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Management Discussion & Analysis

  • Revenue $6.05B, up 2.0% YoY from $5.93B; growth led by Sports & Recreation (+3.6%), Apparel (+2.4%), Footwear (+1.2%), Outdoor (+1.2%)
  • Gross margin 34.8% vs 33.9%, up 90 bps; operating margin 8.5% vs 9.1%, down 60 bps; operating income $512.2M vs $538.6M, down 4.9%
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Risk Factors

  • Tariff risk amid shifting global trade policies, prompting inventory, pricing, and sourcing adjustments to mitigate impact on merchandise margin
  • Economic exposure to inflation and consumer spending slowdown affecting sales growth amid uncertain macroeconomic environment
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