BUZZ-Academy Sports and Outdoors falls after quarterly results miss

Reuters
09/02
BUZZ-Academy Sports and Outdoors falls after quarterly results miss

** Shares of sporting goods retailer Academy Sports and Outdoors ASO.O fall about 5% to $50.60 premarket

** Co misses second-quarter profit and sales estimates

** Posts Q2 earnings per share of $1.94, missing analysts' estimates of $2.16 - data compiled by LSEG

** Reports quarterly revenue of $1.60 bln vs. estimates of $1.61 bln

** "We believe we now have additional visibility into tariff impacts and are well positioned to mitigate them," CEO Carl Ford says

** Co also maintains high end of annual forecast range; raises low end

** Up to last close, ASO stock down about 7% YTD

(Reporting by Anshi Sancheti)

((Anshi.Sancheti@thomsonreuters.com))

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