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AS Amer Sports News Story

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Consumer CyclicalsAdventurousLarge CapHigh Flyer

Wilson tennis racket maker Amer Sports beats Q3 revenue expectations, raises FY outlook

Overview

Amer Sports Q3 revenue increased 30% to $1,756 mln, beating analyst expectations

Adjusted operating profit for Q3 rose 41%, driven by segment growth

Company raises full-year revenue, margin, and EPS guidance

Outlook

Amer Sports raises 2025 revenue growth guidance to 23%-24%

Company expects 2025 gross margin of approximately 58%

Amer Sports anticipates 2026 revenue growth towards high-end of low-double-digit to mid-teens

Result Drivers

TECHNICAL APPAREL - Revenue increased 31% due to omni-comp growth and broad-based strength across regions and channels

OUTDOOR PERFORMANCE - Segment grew 36% driven by Salomon footwear and Winter Sports Equipment

BALL & RACQUET SPORTS - Segment grew 16% led by Wilson Tennis 360

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueBeat$1.76 bln$1.63 bln (11 Analysts)
Q3 EPS$0.25
Q3 Net Income$146.40 mln
Q3 Basic EPS$0.26
Q3 Gross Profit$998.20 mln
Q3 Operating Profit$215.90 mln
Q3 Pretax Profit$197.70 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy", 3 "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 $45.00, about 31.6% above its November 17 closing price of $30.76 The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 42 three months ago Press Release: ID:nBw3p6t3Za For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)

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