Amer Sports Reports Strong Q2 Earnings, Raises Full-Year Guidance
Amer Sports (NYSE:AS) reported second-quarter results that exceeded expectations, with adjusted earnings per share of $0.22 and revenue reaching $1.63 billion—both ahead of analyst forecasts. The company's shares rose 6.6% in pre-market trading following the announcement. Revenue grew by 32% year-over-year across all segments and regions, driven primarily by strong performance from Arc'teryx, Salomon Softgoods, and Wilson Tennis 360. Operating margin expanded sharply to 12.8%, a significant increase of over 730 basis points compared to the prior year. Amer Sports also raised its full-year guidance for adjusted EPS to $1.27–$1.30 (midpoint above analyst estimates) and increased revenue growth expectations to around 24%. The company cited continued momentum from key brands as a major factor in its improved outlook.
Tickers: $AS
Topics: Earnings Beat Margin Expansion Outlook Upgrade Revenue Growth