Sporting Goods Retail Stock Up More Than 50% in 2021

Academy Sports and Outdoors stock posted a strong closeout to 2020

facebook X logo linkedin

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) is a sporting goods and outdoor recreation retailer in the United States. The company operates 259 stores across 16 states. Academy’s product assortment includes outdoor, apparel, footwear and sports & recreation through national brands and a portfolio of 17 private label brands.

On March 30Academy Sports and Outdoors released its fourth quarter and full fiscal 2020 financial results. In its fourth-quarter report, ASO highlighted a net sales increase of 16.6% to $1.60 billion in total. The company's gross profit also increased 34.7% to $499.1 million. Academy Sports and Outdoors' net income for the fourth quarter was $91.5 million, which was a 416% year-over-year increase.

For the Academy Sports and Outdoors' full year report, annual net sales increased 17.8% to $5.69 billion. Annual gross profit also increased 21.2% to $1.73 billion. In addition, Academy Sports and Outdoors ended the year with a net income increase of 157.2% to $308.8 million in total. 

ASO has increased about 54% year-to-date, and about 1120% since its public trading debut in October. The shares recently pulled back to support at the 20-day moving average, a newly formed trendline for the equity.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI