Amer Sports Beats Q2 Guidance, Raises Full-Year 2026 Outlook

Earnings
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Summary · why it matters

Amer Sports reported second-quarter results on August 18 that beat its own guidance and then raised its full-year outlook. Revenue climbed 32% to $1.63 billion, adjusted operating profit nearly tripled, and diluted earnings per share reached $0.18, with every region and segment posting double-digit growth. Technical Apparel grew 32% to $674 million, Outdoor Performance rose 37% to $569 million, and Ball & Racquet Sports increased 24% to $390 million. The company raised full-year 2026 guidance to roughly 24% reported revenue growth, a gross margin of 60.5% to 61.0%, an operating margin of 14.2% to 14.5%, and diluted EPS of $1.27 to $1.30. Gross margin expanded 710 basis points to 65.6%, but 390 of those points came from net tariff refunds, and third-quarter revenue growth is guided at 18% to 20%, well below the 32% just reported.

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Consumer Discretionary · 1 stocks
Amer Sports, Inc.
AS
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Amer Sports beat Q2 guidance with revenue up 32% and raised full-year 2026 outlook, a direct earnings/guidance event.