Filing Flows › Academy Sports & Outdoors (ASO) › Q2 FY27 › vs Q1 FY27
Academy Sports & Outdoors (ASO) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Academy Sports & Outdoors's revenue rose $205M (+14%) from $1.4B in Q1 FY27 to $1.6B in Q2 FY27. The biggest changes: Total merchandise sales +$201M (+14%); Other sales +$4.2M (+44%). Gross margin 40.4% against 33.2% (+7.2 pts).
Academy Sports & Outdoors, Q2 FY27: revenue $1.6B (+3% year over year), operating margin 15.0%, net earnings $138M, operating cash flow $188M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 40.4% | 33.2% | +7.2 pts |
| Operating margin | 15.0% | 5.2% | +9.8 pts |
| Net margin | 8.4% | 3.7% | +4.7 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Outdoors | $469M | $427M | $41.3M | +10% |
| Apparel | $452M | $348M | $104M | +30% |
| Sports and recreation | $393M | $356M | $37.2M | +10% |
| Footwear | $320M | $301M | $19.1M | +6% |
| Total merchandise sales | $1.6B | $1.4B | $201M | +14% |
| Other sales | $13.7M | $9.5M | $4.2M | +44% |
| Revenue | $1.6B | $1.4B | $205M | +14% |
| Gross profit | $666M | $479M | $187M | +39% |
| Cost of revenue | $981M | $963M | $18.7M | +2% |
| Operating profit | $246M | $74.7M | $172M | +230% |
| Operating expenses | $420M | $405M | $14.8M | +4% |
| Pre-tax earnings | $178M | $68.9M | $110M | +159% |
| Other expense, net | $68.0M | $5.8M | $62.2M | 12× |
| Net earnings | $138M | $52.7M | $85.2M | +162% |
| Income tax | $40.5M | $16.2M | $24.3M | +150% |
| Depreciation & amortization | $30.4M | $30.8M | −$309K | -1% |
| Share-based compensation | $9.3M | $11.1M | −$1.8M | -16% |
| Working capital & other | $10.8M | $66.0M | −$55.3M | -84% |
| Operating cash flow | $188M | $161M | $27.8M | +17% |
Questions
How much did Academy Sports & Outdoors's revenue grow quarter over quarter in Q2 FY27?
Academy Sports & Outdoors's revenue rose $205M (+14%) from $1.4B in Q1 FY27 to $1.6B in Q2 FY27.
What drove Academy Sports & Outdoors's revenue change in Q2 FY27?
Total merchandise sales +$201M (+14%); Other sales +$4.2M (+44%).