Investing.com -- Academy Sports and Outdoors, Inc. (NASDAQ: ASO) reported fourth quarter results that fell short of Wall Street expectations, with both adjusted earnings per share and revenue missing analyst estimates as the sporting goods retailer faced continued pressure on comparable store sales.

The company posted adjusted EPS of $1.97 for the fourth quarter ended January 31, 2026, missing the consensus estimate of $2.05. Revenue reached $1.72 billion, below the $1.75 billion analysts expected, though up 2.5% from $1.68 billion in the prior year period.

Comparable sales declined 1.6% during the quarter, an improvement from the 3.0% decline in the year-ago period. Shares fell 5.3% following the results.

"This past year marked an inflection point for Academy as we continued to gain market share and moved back to topline growth," said Steve Lawrence, Chief Executive Officer. "While we believe many of the macro-economic pressures that the customer faced in the back half of the year will continue into 2026, we are optimistic the strategies we have in place should enable us to return to consistent comp sales growth."

For the full fiscal year 2025, Academy reported net sales of $6.05 billion, up 2.0% YoY, while adjusted EPS came in at $5.78, down 4.0% from the prior year.

The company provided fiscal 2026 guidance projecting net sales between $6.18 billion and $6.36 billion, representing growth of 2.0% to 5.0%. The midpoint of $6.27 billion implies 3.5% growth. Academy expects adjusted EPS in the range of $6.10 to $6.60, with the midpoint of $6.35 representing 9.9% growth over fiscal 2025.

The company's Board increased its quarterly dividend by 15% to $0.15 per share.