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Academy Sports (ASO) posted upbeat Q1 earnings, beating analyst expectations with adjusted EPS of 93 cents and net sales of $1.442 billion. The retailer raised its full-year guidance and analysts have mixed opinions, with price targets ranging from $50 to $59. ASO stock was up 1%.
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Read original at benzingaThe partnership brings Academy's broad catalog to the Instacart Marketplace, giving customers same-day delivery in as fast as an hour for items ranging from camping and fishing equipment to fitness gear, team sports
Read original at benzingaBoth Academy Sports and Tractor Supply face macroeconomic headwinds affecting retail growth. While both trade at cheap valuations, Tractor Supply demonstrates greater resilience with a more stable business model focused on essential rural goods, commanding a higher P/E multiple of 14x versus Academy's 7x. Tractor Supply expects 1-3% comparable store sales growth versus Academy's flat to 2%, making it the stronger near-term performer despite Academy's potential upside if it achieves consistent growth.
Read original at the-motley-fool