India, April 7 -- Shares of Academy Sports and Outdoors, Inc. (ASO) dropped nearly 5% on Tuesday morning after reporting an outlook for the first quarter.
The stock is currently trading at $56.20, down $2.88 or 4.87%, on the Nasdaq. It opened at $58.55 after closing the previous session at $59.07. The stock has traded between $33.34 and $62.44 over the past 52 weeks.
Academy expects first-quarter 2026 sales to rise 6% to 7%, with comparable sales growth of 2% to 3%. The company will provide a full outlook update when it reports detailed first-quarter results in June.
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