Q3 of 2024 revenue was $1.35B. Q3 revenue consensus $1.63B. Now expects adjusted operating margin to be at or above the high end of previous view of 12-13%. CEO James Zheng commented “We expect Amer Sports (AS) to deliver very strong Q3 results across all three segments, led by continued exceptional growth from Salomon Softgoods and an Arc’teryx reacceleration.” CFO Andrew Page added “In addition to strong near-term performance, we expect great things from our unique portfolio of premium sports and outdoor brands long-term. We are pleased to reiterate ambitious long-term financial goals despite our much higher revenue and margin base today versus 2023, which was the baseline year when we last shared our long-term algorithm.”
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