Amer Sports Q4 revenue beats estimates on technical apparel unit growth

Amer Sports

24/02/2026 11:08

Overview

Sports and outdoor brand's Q4 revenue grew 28%, beating analyst expectations

Operating margin declined due to increased SG&A investments in Salomon Softgoods

Company announced Carrie Ask as new Wilson CEO, effective March 1

Outlook

Amer Sports expects full-year 2026 revenue growth of 16-18%

Company anticipates first-quarter 2026 revenue growth of 22-24%

Amer Sports forecasts 2026 operating margin between 13.1% and 13.3%

Result Drivers

TECHNICAL APPAREL GROWTH - Technical Apparel segment grew 34%, driven by broad-based strength across regions, categories, and channels

OUTDOOR PERFORMANCE MOMENTUM - Outdoor Performance increased 29%, fueled by Salomon footwear and Winter Sports Equipment

SG&A INVESTMENT - Operating margin declined due to accelerated SG&A investment supporting key growth opportunities, particularly Salomon Softgoods

Company press release: ID:nBwG446Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$2.10 bln
$2 bln (12 Analysts)
Q4 EPS
$0.23
Q4 Net Income
$133.50 mln
Q4 Basic EPS
$0.24
Q4 Gross Profit
$1.21 bln
Q4 Operating Profit
$228 mln
Q4 Pretax Profit
$207.40 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "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 $46.45, about 14.7% above its February 23 closing price of $40.49

The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 29 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.)