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 ave