Amer Sports Q1 revenue rises 32%, beats estimates; outlook raised

Amer Sports

19/05/2026 11:10

Overview

Sports equipment maker's Q1 revenue rose 32%, beating analyst expectations

Adjusted EPS for Q1 rose to $0.38; no consensus comparison available

Company raised full-year 2026 revenue, margin, and EPS guidance on broad-based growth

Outlook

Amer Sports raises full-year 2026 revenue growth guidance to 20–22%, including Fx benefit

Company expects 2026 adjusted EPS of $1.18–1.23 and gross margin of 59.0–59.5%

Amer Sports sees Q2 2026 revenue growth of 22–24% and adjusted EPS of $0.08–0.10

Result Drivers

TECHNICAL APPAREL - 33% revenue growth in Technical Apparel driven by broad-based strength across regions, categories and channels, including a 19% omni-comp gain

OUTDOOR PERFORMANCE - 42% revenue growth in Outdoor Performance, with nearly 500 bps of adjusted operating margin expansion, driven by strong momentum in Salomon Softgoods

BALL & RACQUET - 13% revenue growth in Ball & Racquet segment, led by Wilson Tennis 360

Company press release: ID:nBw1YQPWVa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.95 bln
$1.84 bln (12 Analysts)
Q1 EPS
$0.29
Q1 Net Income
$170.1 mln
Q1 Basic EPS
$0.29
Q1 Gross Profit
$1.17 bln
Q1 Operating Profit
$321.1 mln
Q1 Pretax Profit
$240.6 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"

Wall Street's median 12-month price target for Amer Sports Inc is $48.00, about 44.8% above its May 18 closing price of $33.15

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 32 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)