• Academy Sports and Outdoors: Retail Underdog Set To Outperform The Market (NASDAQ:ASO)
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    Academy Sports and Outdoors: Retail Underdog Set To Outperform The Market (NASDAQ:ASO)

    FG Trade/E+ via Getty Images Background Academy Sports and Outdoors (NASDAQ:ASO) is a US-based sporting goods and outdoor recreation retailer with 263 stores in 17 states. The company was founded by Arthur Gochman in Texas in 1938 and operated as a family business until it was purchased by private equity firm KKR (KKR) in 2011. ASO went public in October 2020 and KKR sold its remaining stake in the public market in September 2021. The sporting goods chain is led by CEO Ken Hicks, a retail veteran who previously served president and CEO at Foot Locker (FL) and held senior roles at J.C. Penney, Payless Shoesource, and Home Shopping Network.…

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  • Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Short Interest Down 11.0% in August
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    Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Short Interest Down 11.0% in August

    Academy Sports and Outdoors, Inc. (NASDAQ:ASO – Get Rating) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 9,760,000 shares, a drop of 11.0% from the August 15th total of 10,970,000 shares. Based on an average daily trading volume, of 1,850,000 shares, the short-interest ratio is presently 5.3 days. Currently, 11.6% of the company’s shares are sold short. Academy Sports and Outdoors Stock Performance ASO stock opened at $47.16 on Monday. The business’s 50-day moving average price is $44.19 and its two-hundred day moving average price is $39.13. The company has a current ratio of…

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  • Academy Sports and Outdoors Earnings: More Upside Warranted (NASDAQ:ASO)
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    Academy Sports and Outdoors Earnings: More Upside Warranted (NASDAQ:ASO)

    EXTREME-PHOTOGRAPHER/E+ via Getty Images Physical activity is a great way to stay in shape. And one of the most enjoyable ways to stay active is by playing sports or engaging in some other physically-oriented game. One company that’s dedicated to helping consumers achieve this objective is sporting goods and outdoor goods retailer Academy Sports and Outdoors (NASDAQ:ASO). After seeing a remarkable 2021 fiscal year, the company has started to experience some weakness. A reduction in spending caused by the absence of economic stimulus and by a return to normalcy in our daily activities has resulted in declining sales and profits. Economic pain might also be a factor here. This was…

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  • Why I Am Long Academy Sports and Outdoors Stock (NASDAQ:ASO)
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    Why I Am Long Academy Sports and Outdoors Stock (NASDAQ:ASO)

    CRobertson/iStock Editorial via Getty Images Investment thesis Though close to its ATH, Academy Sports and Outdoors (NASDAQ:ASO) is still a very cheap stock compared to its value. In this article, I would like to outline why I recently initiated a position that I plan on building up over the next quarters. Company overview Academy Sports and Outdoors is a full-line sporting goods and outdoor recreation retailer in the United States. It was originally founded in 1938 as a family business in Texas, and it has now grown to 262 stores across 17 states. Academy’s product assortment focuses on key categories of outdoor, apparel, footwear and sports and recreation through both…

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