Amer Sports, Inc.AS
▲ PositiveCapitalrelevance
Q2 operating profit surged 339% and net income jumped to $117M, with raised full-year guidance.
Impact on stocks 1
Consumer Discretionary
Amer Sports, Inc.Amer Sports reported a 339% increase in operating profit to $192 million for the second quarter, driven by strong growth across its Arc'teryx, Salomon, and Wilson brands. Net income surged to $117 million from $22.4 million a year earlier, including a $50.1 million benefit from tariff refunds. The company now expects full-year revenue growth of roughly 24%, gross margin of 60.5% to 61.0%, operating margin of 14.2% to 14.5%, and adjusted diluted EPS of $1.27 to $1.30. CEO James Zheng highlighted over 30% revenue growth and strong operating margin expansion, with all segments, geographies, and channels achieving strong double-digit growth.
Amer Sports, Inc.Q2 operating profit surged 339% and net income jumped to $117M, with raised full-year guidance.