Amer Sports, Inc. Experiences Remarkable First Quarter Growth
$AS
Amer Sports, Inc. (NYSE:AS), known for its high-quality sports equipment, apparel and footwear, has seen a substantial increase in revenue and earnings, outpacing industry expectations and setting a positive trajectory for the year. In the first quarter of 2025, the firm achieved a remarkable 23% increase in revenue, amounting to $1.47 billion compared to $1.19 billion in the same period last year.
This surge is attributed to strong sales across all segments, with particularly notable performances in technical apparel and outdoor performance gear. The company posted net income of $148 million, translating to adjusted diluted earnings per share (EPS) of $0.27. That’s a sharp rebound from the $5.1 million, or $0.01 per share, reported a year earlier. Revenue climbed 23.5% year-over-year, reaching $1.47 billion, up from $1.19 billion.
Amer Sports has raised its full-year guidance for 2025, anticipating revenue growth of 15% to 17%, with earnings per share projected between 67 cents and 72 cents.
This optimistic outlook is underpinned by the company’s robust quarterly performance and ongoing market strategies, which include expanding its direct-to-consumer channels and enhancing its digital footprint.
Brands like Arc’teryx and Salomon have been pivotal, with their footwear and apparel gaining significant market share worldwide, thanks to their reputation for quality and durability. The company’s forward-looking statements suggest a continued trajectory of growth and market leadership. As Amer Sports moves forward, it remains a significant player in the global sports and outdoor market, poised for continued success in the coming years.
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