Amer Sports, Inc.

Amer Sports Updates Long-Term Financial Algorithm and Third Quarter 2026 Guidance

Amer Sports raised its Q3 2026 outlook ahead of its September 17 Investor Day in Annecy, France, now guiding to 20-22% year-over-year revenue growth versus the prior 18-20% range, with adjusted operating margin expected slightly above the top of the prior 13.5-14% range. Management also reiterated its 5-year financial algorithm -- annual revenue CAGR of low-double digits to mid-teens and 30-70+ basis points of annual adjusted operating margin expansion -- despite a significantly higher revenue and margin base than a year ago, anchored on three growth engines: Arc'teryx, Salomon Softgoods, and Wilson Tennis 360. CEO James Zheng cited continued strong growth across all three segments in a challenging marketplace, and the investor day will showcase the Salomon brand. Amer Sports generated $6.6 billion of revenue in 2025.

•1mo ago

AS: 6-K · earnings release

Amer Sports delivered a blowout second quarter, with revenue up 32.1% year-over-year to $1,632.6 million and net income attributable to equity holders jumping to $107.2 million from $18.2 million a year earlier. Adjusted EBITDA more than doubled to $311.9 million as margins expanded to 19.1% from 11.1%. Growth was broad-based: Technical Apparel (Arc'teryx) rose 32.5%, Outdoor Performance (Salomon) 37.4%, and Ball & Racquet Sports (Wilson) 24.3%, while direct-to-consumer revenue climbed 39.9% and Asia Pacific surged 60.3%. Greater China, now 32.4% of quarterly revenue, grew 35.5%. The balance sheet was transformed during the half: the company redeemed all $800 million of its 6.750% senior secured notes, booking a $50.5 million extinguishment loss, funded by an $862.5 million March equity offering, leaving total borrowings at just $147.4 million against $720.4 million of cash. Watch items include a one-time $64.3 million IEEPA tariff refund that flattered Q2 gross margin, a sharply higher 26.7% effective tax rate, FX losses of $16.3 million in the quarter, and an unremediated material weakness in internal control over financial reporting still cited among risk factors.

SEC 6-K•2mo ago

Amer Sports Reports Second Quarter 2026 Financial Results, Raises Full Year Revenue, Margin, and EPS Guidance

Amer Sports reported strong second-quarter results with revenue rising 32% to $1.63 billion, driven by double-digit growth across all segments and regions. Adjusted operating margin expanded 730 basis points to 12.8%, and adjusted diluted EPS reached $0.22, supported by a $50.1 million benefit from net tariff refunds. Management raised full-year 2026 guidance, now expecting approximately 24% revenue growth and adjusted EPS between $1.27 and $1.30, citing healthy demand and momentum in Arc'teryx, Salomon, and Wilson.

•2mo ago