Amer Sports, Inc. (AS)
NYSE:AS
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Earnings Data
Report Date
Aug 25, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.1Last Year’s EPS
0.06Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based operational momentum: high-teens to low-twenties revenue growth, double-digit segment growth in key brands (Arc'teryx and Salomon), significant margin expansion, raised full-year guidance and strong cash/net cash position. Notable risks include elevated inventory growth, higher corporate costs, sourcing constraints for high-demand Salomon product, Ball & Racquet margin pressure due to investments, and tariff/macro uncertainty. On balance the positives (growth, margin expansion, guidance raise, DTC strength and brand momentum) materially outweigh the challenges.Company Guidance
Strong Group Revenue Growth
Reported sales grew 32% year-over-year in Q1 (26% ex-currency), driven by Outdoor Performance and Technical Apparel.
Margin Expansion and Profitability
Adjusted gross margin increased 200 basis points to 60% and adjusted operating margin expanded 160 basis points to 17.4% in Q1, reflecting favorable mix and SG&A leverage.
EPS and Cash Generation
Adjusted diluted EPS rose to $0.38 from $0.27 a year ago. Operating cash flow was $172 million (vs. $164 million prior year) and the group exited the quarter with $539 million net cash.
Outstanding Outdoor Performance Segment
Outdoor Performance revenue increased 42% to $714 million; DTC grew 57% and omni-comp was 29%. Segment adjusted operating margin expanded 480 basis points to 20.4%.
Technical Apparel Strength (Arc'teryx)
Technical Apparel revenues rose 33% to $885 million, DTC expanded 41% with a 19% omni-comp; technical adjusted operating margin expanded 250 basis points to 26.4%. Arc'teryx women's business grew over 40% and women's penetration rose ~200 basis points to ~25% of the brand.
Salomon Softgoods and Footwear Momentum
Salomon Softgoods delivered exceptional growth; Salomon is inflecting globally (notably Greater China and APAC). Salomon store footprint in Greater China reached 302 doors with a plan to open ~45 net new stores in 2026.
Raised Full-Year Guidance
Company raised 2026 revenue growth guidance (updated range centered around ~18%–22% growth at current FX) and increased adjusted diluted EPS guidance to $1.18–$1.23 (from $1.10–$1.15).
Channel and Regional Strength
DTC represented ~50% of group revenue in Q1 and grew ~45% overall. Regional performance led by Asia Pacific (+53%), China (+45%), EMEA (+27%) and the Americas (+18%).
AS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 19, 2026 | $33.15 | $33.83 | +2.05% |
Feb 24, 2026 | $40.49 | $38.24 | -5.56% |
Nov 18, 2025 | $30.76 | $33.36 | +8.45% |
Aug 19, 2025 | $37.50 | $35.74 | -4.69% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Amer Sports, Inc. (AS) report earnings?
Amer Sports, Inc. (AS) is schdueled to report earning on Aug 25, 2026, Before Open (Confirmed).
What is Amer Sports, Inc. (AS) earnings time?
Amer Sports, Inc. (AS) earnings time is at Aug 25, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AS EPS forecast?
AS EPS forecast for the fiscal quarter 2026 (Q2) is 0.1.