Instacart Partners With Academy Sports + Outdoors For Same-Day Delivery

Academy Sports vs. Tractor Supply: A Comparison of Two Embattled Retail Stocks

Both 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.

Evercore ISI Group Maintains In-Line on Academy Sports, Lowers Price Target to $55

Barclays Maintains Equal-Weight on Academy Sports, Lowers Price Target to $50

Barclays analyst Adrienne Yih maintains Academy Sports (NASDAQ:ASO) with a Equal-Weight and lowers the price target from $55 to $50.

Shares of online food delivery-related companies are trading higher after reports suggesting that the sector will prove to be immune to any consumer slowdown caused by persistently high interest rates and energy prices.

Kroger, Instacart Announce Grocery & Prescription Delivery Now Available Throughout Nearly All Kroger Banners Across U.S.

The Kroger Co. (NYSE:KR), America's grocer, and Instacart (NASDAQ:CART), the leading grocery technology company in North America, today announced a new way for customers to get groceries and eligible prescriptions*

DoorDash, Uber Eats and Instacart Are Thriving as Consumers Cut Back Elsewhere: DASH CFO Explains Why

Consumers cut spending elsewhere, but food delivery remains resilient as convenience keeps demand strong.