Amer Sports, Inc. ( (AS) ) has released its Q1 earnings. Here is a breakdown of the information Amer Sports, Inc. presented to its investors.
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Amer Sports, Inc. is a global leader in the sports and outdoor industry, known for its premium brands such as Arc’teryx, Salomon, and Wilson, offering high-quality apparel, footwear, and equipment.
In the first quarter of 2025, Amer Sports reported a significant financial performance with a 23% increase in revenue, reaching $1,473 million, and a strong continuation of this momentum into the second quarter. The company also raised its full-year revenue and EPS guidance, reflecting confidence in its strategic direction despite macroeconomic uncertainties.
Key highlights from the earnings report include a robust 28% growth in the Technical Apparel segment and a 25% increase in Outdoor Performance. The Ball & Racquet Sports segment also saw a healthy 12% rise in sales, driven by the Wilson Tennis 360. The company’s operating profit nearly doubled, and net income surged to $135 million from $5 million in the previous year.
Looking ahead, Amer Sports remains optimistic about its growth trajectory, with plans to navigate potential tariff challenges through strategic pricing and supply chain adjustments. The company anticipates continued revenue growth and maintains a positive outlook for the remainder of 2025, supported by its strong brand portfolio and market positioning.