tiprankstipranks
Company Announcements

Amer Sports Focuses on Diversified Growth Amid Currency Challenges

Amer Sports, Inc. (AS) has released an update.

Don't Miss our Black Friday Offers:

Amer Sports, Inc., a leading global sports and outdoor brand conglomerate, is focusing on its diversified portfolio, including brands like Arc’teryx, Salomon, and Wilson, to drive growth across various market segments. The company is leveraging both direct-to-consumer and wholesale channels to maximize revenue, with a strategic emphasis on expanding its soft goods categories. Despite facing foreign currency challenges due to a strong U.S. dollar, Amer Sports is employing hedging strategies to manage its exposure and maintain profitability.

For further insights into AS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyAmer Sports price target raised to $26 from $25 at Evercore ISI
TheFlyAmer Sports price target raised to $27 from $24 at UBS
TheFlyAmer Sports price target raised to $23 from $21 at TD Cowen
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App