02:09 PM EDT, 08/19/2025 (MT Newswires) -- Amer Sports ( AS ) raised its full-year outlook on Tuesday as second-quarter results came in stronger than expected, although the company's third-quarter revenue guidance indicated a growth slowdown on a sequential basis.
The maker of Wilson tennis rackets and Salomon ski boots now expects adjusted per-share earnings of $0.77 to $0.82 on revenue growth of 20% to 21% for 2025. Amer previously expected full-year adjusted EPS between $0.67 and $0.72 on revenue growth of 15% to 17%.
The consensus on FactSet is for full-year EPS to jump to $0.78 from last year's $0.47, and for revenue to increase to $6.13 billion from $5.18 billion.
"Given our strong first-half results and continued operating and financial momentum -- and despite higher tariffs than assumed in our previous guidance -- we are raising our full-year revenue, margin, and EPS expectations," Chief Financial Officer Andrew Page said in a statement.
The revised outlook takes into account current 30% incremental US tariffs on goods from China, along with current duties on other countries, with the assumption that these rates will remain unchanged for the rest of the year, Page said.
"Although the tariff impact to our ball (and) racquet segment will be slightly higher than expected, given the mitigation strategies already underway across brands, we continue to expect the impact to our consolidated results to be negligible this year," Page said.
The company reported adjusted EPS of $0.06 for the June quarter, up from $0.05 a year earlier and ahead of the $0.02 consensus estimate. Revenue grew 23% to $1.24 billion and surpassed analysts' $1.18 billion view.
For the third-quarter, the company anticipates adjusted EPS of $0.20 to $0.22 on revenue growth of around 20%, implying slower sales growth than the previous quarter's rate. Analysts are looking for EPS of $0.22 and revenue of $1.57 billion. Amer reported EPS of $0.14 and sales of $1.35 billion a year earlier.
Shares of the company were down 5.3% in Tuesday afternoon trade.
Technical apparel revenue in the second quarter grew 23% to $508.9 million. Sales at both outdoor performance and ball and racquet sports segments also increased by double-digit percentage figures.
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