US renowned sports and outdoor retailer Academy Sports & Outdoors, Inc. will release its Q2 FY2025 earnings report before the market opens on September 2, 2025, Eastern Time.

Against the backdrop of a gradually recovering consumer market, the company is expected to show steady growth. Thanks to category structure adjustments, expansion of offline stores, and strategic optimization, the market is closely monitoring its earnings recovery pace and long-term growth momentum.

I. Market Expectations: Revenue and Profit Rebound Reflecting Fundamental Improvement

According to Bloomberg's consensus of analysts' expectations, the key metrics of Academy's Q2 earnings report are as follows:

• Revenue is expected to be $1.609 billion, a year-over-year increase of 3.87%;

• Adjusted EPS is expected to be $2.16, a year-over-year increase of 6.26%.

These expectations indicate that although the growth rate has slowed compared to the post-pandemic peak, the overall business situation is improving, especially demonstrating robust performance in the retail sector still facing macro uncertainties.

II. Business Highlights: Outdoor Category Leading Growth, Footwear Steady Progress

Specifically, outdoor products have become the key driver of this quarter's performance. This segment is expected to achieve approximately $432 million in revenue, a year-over-year increase of over 10%. With increasing consumer focus on outdoor sports, camping, and leisure lifestyles, the demand for related equipment and accessories remains strong.

In contrast, sports and entertainment products are under pressure, with expected revenue of about $383 million, a year-over-year decrease of roughly 4.8%. This segment faces short-term challenges due to intense market competition and weak category consumption.

Footwear products performed steadily, with expected revenue of $322 million, achieving a slight year-over-year increase. As one of the core categories for in-store traffic and online sales, footwear plays a fundamental role in supporting overall revenue.

III. Accelerated Expansion: 11 New Stores to Be Opened in Q3, Enhancing Channel Breadth

Entering the third fiscal quarter, the company actively expanded its offline network by opening 11 new stores, covering key markets such as Ohio, Florida, South Carolina, and Alabama. This not only expanded their national reach but also spurred local employment and customer base growth.

The store expansion is backed by the company's firmly executed long-term strategic goals: planning to add 20–25 new stores in FY2025, aiming for significant coverage improvement in the coming years.

IV. Strategic Transformation: Category Focus + Omni-Channel Effort + Supply Chain Optimization

To cope with the complex and changing market environment, Academy is pushing several strategic initiatives:

• Optimize store structure and customer experience to enhance per square foot efficiency and operational efficiency;

• Strengthen investment in outdoor and functional categories to match changing consumption trends;

• Accelerate digital transformation to build an integrated online and offline retail ecosystem;

• Enhance supply chain coordination to better control costs and inventory turnover.

Additionally, the company is increasing its focus on private brands and high-margin products, striving to improve profitability while reducing reliance on promotions.

V. Investors' Focus: Pace of Profit Recovery and Growth Sustainability

Despite the challenging current economic environment, multiple business and financial indicators of Academy show positive signals. Investors will closely watch:

• Whether Q2 can achieve $1.609 billion in revenue and $2.16 EPS;

• Whether the outdoor category's growth momentum is sustainable;

• The impact of store expansion on revenue drive and cost control;

• The impact of strategic transformation on gross margins and earnings performance over the next few quarters.

Conclusion: Entering Recovery Path, Q2 Earnings Report Is a Key Turning Point

Overall, Academy Sports & Outdoors' performance this quarter is expected to continue the trend of "steady revenue growth + gradual profit recovery." The company has found new momentum through category reshaping and operational efficiency improvement, particularly with the outdoor category becoming the core growth engine, while store expansions are set to provide a highly visible subsequent revenue source.

This Q2 earnings report will not only test the company's operational achievements over the past quarter but could also become a crucial point in regaining growth confidence after the adjustment period.

This content is based on Tiger AI and Bloomberg data and is for reference only.