Amer Sports Inc

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Amer Sports Inc exceeds Q1 guidance, focuses on growth opportunities

Amer Sports Inc delivered strong Q1 performance, with Arc'teryx leading growth. Challenges include Wilson brand revenue decrease and tough North America market. Opportunities lie in expanding Arc'teryx categories and accelerating wholesale trajectory.

Amer Sports Inc surpasses Q2 expectations, eyes global expansion

Amer Sports Inc's Q2 performance exceeded expectations, driven by flagship brands and strategic growth initiatives. While challenges exist in certain segments, opportunities for expansion and market share growth are promising.

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Amer Sports, Inc. engages in manufacturing, marketing, and selling sports equipment, apparel, and footwear. It operates through the following segments: Technical Apparel, Outdoor Performance, and Ball and Racquet Sports. The Technical Apparel segment refers to outdoor apparel, footwear, and accessories. It includes the Arc’teryx and Peak Performance brands. The Outdoor Performance segment focuses on outdoor apparel, footwear, accessories, and winter sports equipment. It includes the Salomon, Atomic, Armada, and ENVE brands. The Ball and Racquet Sports segment relates to sports equipment, apparel, and accessories. It includes the Wilson, Louisville Slugger, DeMarini, EvoShield, Atec, and Luxilon brands. The company was founded on January 03, 2020 and is headquartered in Helsinki, Finland.

Amer Sports' Q3 2024 results exceeded expectations with 17% revenue growth, driven by Technical Apparel and a turnaround in the Ball & Racquet segment. The company raised its FY 2024 guidance, projecting 16-17% revenue growth and higher margins, boosting investor confidence. Arc'teryx saw significant growth in Japan, partly fueled by Chinese tourists, while the Ball & Racquet segment benefited from strong tennis sales.

Amer Sports Q3 Earnings: Beat And Raise Again (Maintain Hold)

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Amer Sports Inc. (NYSE:AS ) Q3 2024 Earnings Conference Call November 19, 2024 8:00 AM ET Company Participants James Zheng - Chief Executive Officer Andrew Page - Chief Financial Officer Stuart Haselden - Chief Executive Officer, Arc'teryx Omar Saad - Vice President, Investor Relations Conference Call Participants Lorraine Hutchinson - Bank of America Jay Sole - UBS Matthew Boss - JP Morgan Kelly - Citi Laurent Vasilescu - BNP Paribas Michael Binetti - Evercore ISI Operator Hello everyone and welcome to Amer Sports third quarter fiscal 2024 earnings call. Please note that this call is being recorded.

Amer Sports (AS) Q3 2024 Earnings Call Transcript

HELSINKI--(BUSINESS WIRE)--Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) announced its financial results for the third quarter of 2024. CEO James Zheng commented, “Third quarter was very strong for Amer Sports Group across all brands and geographies. Led by Arc'teryx, our unique portfolio of premium technical brands continues to create white space and take market share in sports and outdoor markets around the world. We are executing against our largest growth opportunities in Arc.

Amer Sports Reports Third Quarter 2024 Financial Results, Company Raises Full Year Guidance

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HELSINKI--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it will report its third quarter 2024 financial results before the market opens on Tuesday, November 19, 2024. The company will webcast a call with management that day at 8:00 a.m. Eastern Time. Amer Sports, Inc.'s webcast will be available via the company website at Amer Sports - Investor Relations. A replay of the conference call will be available approximatel.

Amer Sports, Inc. to Report Third Quarter 2024 Financial Results on November 19, 2024

AS benefits from strong growth in China, the success of brands like Arc'teryx and expansion efforts in key markets.

Amer Sports Up 72% in 3 Months: Is it Too Late to Buy the Stock?

HELSINKI , Oct. 9, 2024 /PRNewswire/ -- Amer Sports, Inc. ("Amer Sports"), a global group of iconic sports and outdoor brands, announced today that its CEO James Zheng, along with other members of the Amer Sports management team, attended events with investors and research analysts in Shanghai, China on October 8, 2024 as part of the company's commitment to shareholder engagement. During the meeting, Mr.

Amer Sports Provides Business Update

I recommend a buy rating for Amer Sports due to strong demand momentum and potential for positive multiple re-rating if EPS growth meets expectations. Amer Sports' Q2 2024 results showed robust revenue growth and margin expansion. With a manageable net debt ratio and a strategic inventory buildup, AS is well-positioned to meet demand and support future growth.

Amer Sports: Solid Demand Momentum

Amer Sports reported strong Q2 2024 results, beating analyst estimates and raising guidance for FY 2024. Arc'teryx brand driving growth in China and Asia Pacific, contributing to the company's success. Financial projections and valuation suggest Amer Sports stock is fairly valued at this point, maintaining a "hold" rating for the stock.

Amer Sports: Strong Performance And Guidance

Amer Sports revenue jumped by 16% year over year in the second quarter. The company is going to swing to profitability from two consecutive losing years.

Why Amer Sports Stock Scored Today

Amer Sports, Inc. (NYSE:AS ) Q2 2024 Earnings Conference Call August 20, 2024 8:00 PM ET Company Participants Omar Saad - Vice President, Finance and Investor Relations James Zheng - Chief Executive Officer Andrew Page - Chief Financial Officer Stuart Haselden - Chief Executive Officer, Arc'teryx Conference Call Participants Brooke Roach - Goldman Sachs Matthew Boss - JPMorgan Paul Lejuez - Citigroup Jay Sole - UBS Ike Boruchow - Wells Fargo Laurent Vasilescu - BNP Paribas Lorraine Hutchinson - Bank of America Operator Thank you for standing by and welcome to the Amer Sports' Second Quarter Fiscal 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.

Amer Sports, Inc. (AS) Q2 2024 Earnings Call Transcript

Amer Sports Inc.'s stock AS, +7.77% was rising by 9.4% in premarket trades Tuesday after the company cited strength in its Arc'teryx outdoor brand and said it expects to beat analyst estimates for its full-year 2024 earnings. The Helsinki, Finland-based footwear, apparel and sports-gear maker said its second-quarter loss narrowed to $1.8 million, or a penny a share, from a loss of $97 million, or 25 cents a share, in the year-ago quarter.

Amer Sports rises on upbeat outlook as it narrows loss

HELSINKI--(BUSINESS WIRE)--Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) announced its financial results for the second quarter of 2024. CEO James Zheng commented, "I am very pleased by our financial and operational performance in the second quarter of 2024. Our unique portfolio of premium technical brands is taking share in sports and outdoor markets all around the world. Led by our flagship Arc'teryx brand, we well exceeded our own high expectations on all key financial metrics.

Amer Sports Reports Second Quarter 2024 Financial Results, Company Raises Full Year Guidance

HELSINKI--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it will report its second quarter 2024 financial results before the market opens on Tuesday, August 20, 2024. The company will webcast a call with management that day at 8:00 a.m. Eastern Time. Amer Sports, Inc.'s webcast will be available via the company website at Amer Sports - Investor Relations. A replay of the conference call will be available approximately.

Amer Sports, Inc. to Report Second Quarter 2024 Financial Results on August 20, 2024

24/7 Wall Street Insights Helsinki headquartered Amer Sports (NYSE: AS) owns some of the top sports equipment brands in the world that dominate the American football, baseball and basketball pro and college leagues, as well as global tennis and skiing.

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Amer Sports topped market expectations for first-quarter revenue and profit on Tuesday, helped by higher pricing and robust demand for its popular sporting goods brands in China and the United States.

Wilson tennis racket maker Amer Sports beats Q1 estimates on robust demand

HELSINKI--(BUSINESS WIRE)--Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the first quarter of 2024. CEO James Zheng commented, “The momentum behind our strong financial performance has continued through the first quarter of 2024, as we delivered sales and profitability above our guidance. Our transformation to a brand-direct business model four years ago continues to fuel profitable growth today, and our high-performance technical product.

Amer Sports Reports First Quarter 2024 Financial Results, Company Updates Full Year Guidance

HELSINKI--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it will report its first quarter 2024 financial results before the market opens on Tuesday, May 21st 2024. The company will webcast a call with management that day at 8:00 a.m. Eastern Time. Amer Sports, Inc.'s webcast will be available via the company website at Amer Sports - Investor Relations. A replay of the conference call will be available approximately th.

Amer Sports, Inc. to Report First Quarter 2024 Financial Results on May 21, 2024

SALT LAKE CITY--(BUSINESS WIRE)--Crewe Capital (Crewe), one of the nation's leading boutique investment banks, exclusively guided private investment firm PV3 Investments (PV3) in its purchase of ENVE Composites (ENVE), a U.S. cycling manufacturer, from its parent company Amer Sports (NYSE: AS). Both headquartered in Utah, ENVE was a natural fit for PV3, whose owners are passionate about cycling and want to support its continued growth. Founded in 2007, ENVE is one of the few U.S. cycling brands.

Crewe Capital advises PV3 Investments in the Acquisition of ENVE Composites

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HELSINKI, Finland--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 has been filed with the Securities and Exchange Commission. The Annual Report on Form 20-F can be accessed on the Company's investor relations website at Amer Sports - Investor Relations and on the SEC's website at www.sec.gov. The Company's security holders may request a hard co.

Amer Sports, Inc. Announces Filing of Annual Report on Form 20-F

Amer Sports competes in the $450B global market for athletic apparel, footwear, and equipment, benefiting from trends in health/wellness and outdoor activities. The company boasts a diversified portfolio with market-leading brands like Arc'teryx, Salomon, and Wilson, which contribute significantly to its sales across various segments. Amer has seen impressive growth, with a +20% two-year revenue CAGR and a +300bps increase in gross margins, thanks to strategic initiatives, including a leadership overhaul.

Amer Sports: A Strategic Dive Into Opportunities And Challenges

Amer Sports, Inc. (AS) Q4 2023 Earnings Call Transcript

News for Amer Sports Inc Stock (AS)