Overview

* Amer Sports ( AS ) Q3 revenue increased 30% to $1,756 mln, beating analyst expectations

* Adjusted operating profit for Q3 rose 41%, driven by segment growth

* Company raises full-year revenue, margin, and EPS guidance

Outlook

* Amer Sports ( AS ) raises 2025 revenue growth guidance to 23%-24%

* Company expects 2025 gross margin of approximately 58%

* Amer Sports ( AS ) anticipates 2026 revenue growth towards high-end of low-double-digit to mid-teens

Result Drivers

* TECHNICAL APPAREL - Revenue increased 31% due to omni-comp growth and broad-based strength across regions and channels

* OUTDOOR PERFORMANCE - Segment grew 36% driven by Salomon footwear and Winter Sports Equipment

* BALL & RACQUET SPORTS - Segment grew 16% led by Wilson Tennis 360

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $1.76 $1.63

Revenue bln bln (11

Analysts

)

Q3 EPS $0.25

Q3 Net $146.40

Income mln

Q3 Basic $0.26

EPS

Q3 Gross $998.20

Profit mln

Q3 $215.90

Operatin mln

g Profit

Q3 $197.70

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"

* Wall Street's median 12-month price target for Amer Sports Inc ( AS ) is $45.00, about 31.6% above its November 17 closing price of $30.76

* The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 42 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)