In a Nutshell Academy Sports + Outdoors (ASO) is a sporting goods and outdoor recreation retailer. With a short-term perspective, this is an out of favor sector: consumer discretionary, post-pandemic hangover, supply chain challenges, disintermediation risk, macro-economic headwinds…
Nice write up. I'm long ASO. I came to a similar conclusion as you ASO being the best way to express the undervaluation of this sector.
I have been thinking about if ASO compares favorably because of it's state as an institution in Texas. As they expand outside of their core area I'll be interested to see if their stores still perform better than peers.
One piece of constructive feedback. You use the word "indeed" alot in your writing. I've found cutting out these filer words in my own writing has helped me.
Nice write up. I'm long ASO. I came to a similar conclusion as you ASO being the best way to express the undervaluation of this sector.
I have been thinking about if ASO compares favorably because of it's state as an institution in Texas. As they expand outside of their core area I'll be interested to see if their stores still perform better than peers.
One piece of constructive feedback. You use the word "indeed" alot in your writing. I've found cutting out these filer words in my own writing has helped me.