How often does Academy Sports & Outdoors move more than the options market prices?

4 of the last 8 reports moved at least as far as the implied move.

ASONasdaqRetail-Miscellaneous Shopping Goods Stores

Academy Sports & Outdoors, Inc. (ASO) earnings date, market-implied expected move, and options open interest by expiry

59.20

Closed16:00 ET

Open60.88Volume920,442Mkt cap$3.6BP/E9.69EPS6.11Div yield0.98%

Day58.88 – 60.9316%52-wk40.83 – 61.9287%

ASO

Academy Sports & Outdoors, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Dec 8

before open · in 38 days

est.Q3 FY26

Calendar

Next report

Last report

+14.40%

vs ±5.7% implied · ×2.51

shaded = implied · ▲▼ = realized

Sep 9 '26 · confirmed

Implied vs realized

Linked news

44dYETI · supplierYETI Unveils Long-Term Growth Strategy and Financial Framework at 2026 Investor Day

News

Largest filed tie

13F top-10 QoQ

−1.00%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

363 managers

Top fund weight

0.10%

ASO weight · IWM

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Academy Sports & Outdoors (ASO) is expected to report on Dec 8 before open (estimated date).

Implied vs realized

8 reports

4 of 8≥ implied

avg implied: ±7.2%
avg realized: ±6.2%

Dec 10 '24Dec 10 '24confirmed±9.5%▲+4.30%×0.45

Mar 20 '25Mar 20 '25confirmed±6.9%▼−0.32%×0.05

Jun 10 '25Jun 10 '25confirmed±7.9%▲+0.52%×0.07

Sep 2 '25Sep 2 '25confirmed±6.6%▼−7.56%×1.15

Q3 FY25Dec 9 '25confirmed±7.5%▲+8.64%×1.15

Mar 17 '26Mar 17 '26confirmed±6.9%▼−11.70%×1.70

Q1 FY26Jun 9 '26confirmed±6.5%▼−2.52%×0.39

Q2 FY26Sep 9 '26confirmed±5.7%▲+14.40%×2.51

quarterimplied−15%0+15%realized×

Q2 FY26±5.7%▲+14.40%×2.51

Q1 FY26±6.5%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 8 expiries · Oct 30 close

0.59OI · 8 expiries · Oct 30 closeP/C open interest · Dec 18 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

3 nearer expiries

366+19%Nov 66d0.87419+18%0.87

78+37%Nov 1313d0.35222+2%0.35

2,398−1%Nov 2020d0.962,4860%0.96

27+4%Nov 2727d0.7337+37%0.73

0—Dec 434d0.0032—0.00

ExpiryPutsCallsP/C

3 nearer expiries

Nov 66d366+19%419+18%0.87

Nov 1313d78+37%222+2%0.35

Nov 2020d2,398−1%2,486

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ2 FY26

8.37%as filednet margin · revenue +14.24% QoQ · +2.97% YoY

Revenue

$1.6B+14.24% QoQ

Gross profit

$666M+38.92% QoQ

40.42% margin

Operating income

$246M+230.00% QoQ

14.96% margin

Pre-tax income

$178M+158.97% QoQ

Net income

$138M+161.65% QoQ

8.37% margin

Cost of revenue

$981M+1.95% QoQ

Operating expenses

$420M+3.67% QoQ

Other expense

$68M

Tax

$41M+150.23% QoQ

Revenue$1.6B+14.24%

Gross profit

$666M+38.92%

40.42% margin

Operating income

$246M+230.00%

14.96% margin

Pre-tax income

$178M+158.97%

Net income

$138M+161.65%

8.37% margin

Cost of revenue

$981M+1.95%

Operating expenses

$420M+3.67%

Other expense

$68M

Tax$41M+150.23%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Aug 1 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

CPROF ×1.13· ±2.3% vs ±2.0% · 12 releases

eventrelease day|move|up · n×base

CPROFcorporate profits±2.3%5 of 12×1.13

PPIproducer prices±2.2%6 of 10×1.10

PCEpersonal income & outlays±2.1%8 of 19×1.07

GDPgross domestic product±2.1%8 of 19×1.03

NFPjobs report±2.0%6 of 9×0.99

FOMCrate decision±1.9%15 of 24×0.96

CPIconsumer prices±1.4%5 of 10×0.68

Bar = avg |move| to ±3% · tick = ±2.0% avg day · ×base = |move| ÷ ±2.0% · min 6 releases

Earnings history

EPS 2.17 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Sep 9 '26 · confirmed	2.17	—
Q1 FY26	Jun 9 '26 · confirmed	0.80	—
Q3 FY25	Dec 9 '25 · confirmed	1.05	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod