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Academy Sports Teams Up with Ariat to Launch 200 In-Store Shops
Academy Sports announced it has teamed up with Ariat International to launch 200 Ariat in-store shops this fall. These new spaces offer an immersive experience, bringing together Academy's value-driven approach with Ariat's Western and work collections. Tailored to each store, the spaces make it easy for customers to explore an expanded assortment of Ariat apparel and accessories, as well as footwear, designed to inspire their next adventure or workday.
Dick's Sporting Cuts FY26 Guidance, Athletic Stocks Dip
Shares of Athletic Footwear and Leisure Apparel names moving slightly lower after disappointing Q2 earnings by Dick's Sporting (DKS), along with the company's guidance cut for FY26. In pre-market trading, Nike (NKE) is down 2.4%, Academy Sports (ASO) is down 2.4%, Lululemon (LULU) is down 1.5%, Under Armour (UAA) is down 0.7%, and On Holding (ONON) is down 0.7%.
Instacart Partners with Academy Sports for Same-Day Delivery
Instacart (CART) announced a new partnership with Academy Sports (ASO). The partnership brings Academy's catalog to the Instacart Marketplace, giving customers same-day delivery for items ranging from camping and fishing equipment to fitness gear, team sports equipment, and Academy's own private label brands, with over 300 Academy stores across 21 states available on the Instacart Marketplace.
Uber Adds Several New Retailers to Uber Eats Marketplace
Uber Technologies announced the addition of several new retailers to the Uber Eats marketplace, broadening its retail selection available for on-demand delivery. Consumers can now shop for products from Kiehl's, FedEx Office (FDX), Blick Art Materials, Academy Sports + Outdoors (ASO), and Choice Pet through the Uber Eats, Uber, and Postmates apps.
Smith & Wesson Brands Q4 Earnings Beat Expectations, Shares Up 22.3%
Shares of Smith & Wesson Brands (SWBI) surged on Thursday after the company's Q4 results were better than an analyst expected. For the fourth quarter, adjusted EPS was 36c, above the 23c estimate, while sales of $178.39M surpassed the $155.27M estimate. President and CEO Mark Smith said: "Our excellent fourth quarter and full year fiscal 2026 results showcase our team's remarkable execution on our strategic priorities and the enduring power of our iconic brand. We delivered strong results across every dimension of our business - from revenue to profitability, and from cash flow to debt reduction. We outperformed our competitors in our core categories and achieved meaningful progress in segments that we hadn't historically competed in. The combined strength of our brand, our team, our disciplined strategic focus, and our strong balance sheet put us in an excellent position to continue creating long-term value for our stockholders." Following the earnings report, Lake Street raised the firm's price target on Smith & Wesson Brands to $16.50 from $14 and kept a Buy rating on the shares. The firm, which notes that management expects firearm industry demand in FY27 to remain healthy and guided to mid-single-digit revenue growth for the year, says the quarter "underscores the market share story we have been highlighting all year." In morning trading, shares of Smith & Wesson Brands are up 22.3% to $16.78. Meanwhile, shares of Academy Sports and Outdoors (ASO) are up 5.3% and Sturm Ruger & Company (RGR) are up 5%.
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