Academy Sports and Outdoors, Inc. (NASDAQ:ASO) on Tuesday posted upbeat earnings for its first quarter ended May 2.The sporting goods retailer reported first-quarter adjusted earnings per share (EPS) of 93 cents, beating Wall Street analyst expectations of 91 cents per share. Net sales rose to $1.442 billion, in line with analyst expectations."We were pleased with the continued improvement in our results in first quarter, with total sales up 6.7%, driven by increases in both traffic and average ticket," stated Steve Lawrence, CEO. "Based on our first quarter performance, we are raising the low end of our full-year guidance."Academy raised its full-year GAAP EPS guidance from its previous $5.65–$6.15 range up to $5.95–$6.35. Analysts currently expect $6.05.Academy Sports raised its fiscal 2026 adjusted EPS guidance to $6.40-$6.80 from $6.10-$6.60, compared with analysts' estimates of $6.30. The retailer also increased the low end of its full-year sales outlook to $6.230 billion-$6.355 billion from $6.175 billion-$6.355 billion, while Wall Street expects $6.333 billion in revenue.Academy Sports shares rose 1% to trade at $50.88 on Wednesday.These analysts made changes to their price targets on Academy Sports following earnings announcement.