Amer Sports jumps to all-time high on FY 2025 revenue, profit forecast raise

Amer Sports

20/05/2025 14:49

updates

** Shares of sportswear group Amer Sports AS.N jump almost 18% to an all-time high of $37

** Co expects FY 2025 adj. EPS of 67 cents to 72 cents and revenue growth of between 15% and 17% vs. prior expectations of 64 cents to 69 cents in EPS and 13%-15% revenue growth

** AS posts Q1 revenue of $1.47 bln, adj. EPS of 27 cents, beating Wall Street estimates - LSEG data

** Strong performance in the quarter was led by outdoor equipment segment Arc'teryx and Salomon footwear

** 13 out of 16 analysts rate stock "buy" or higher, three "hold"; Median PT is $32

** As of last close, AS was up 12.3% YTD

 (Reporting by Twesha Dikshit)

 ((Twesha.Dikshit@thomsonreuters.com))