A

Amer Sports Inc
NYSE:AS

Watchlist Manager
Amer Sports Inc
NYSE:AS
Watchlist
Price: 35.77 USD 2% Market Closed
Market Cap: $20.8B

Amer Sports Inc
Investor Relations

Amer Sports Inc., a company rooted deeply in sporting culture, navigates the dynamic landscape of global sports and outdoor equipment with a portfolio that reads like an athletic hall of fame. Founded with an ambition to connect fans and athletes with superior sports gear, the company has steadily expanded its footprint, nurturing a collection of renowned brands such as Wilson, Salomon, and Atomic. Each brand within Amer's expansive portfolio is strategically positioned to cater to different niches—from tennis and golf enthusiasts to skiing and hiking aficionados. By consistently leveraging innovation, technology, and design, Amer Sports seeks to deliver both enhanced performance and enriched experiences to its clientele.

The company's business model is marked by a well-orchestrated blend of brand heritage and market responsiveness. Amer Sports earns its revenue primarily from the sale of sports equipment, apparel, and footwear, targeting both individual consumers and institutional clients like sports teams and schools. Their value proposition hinges on maintaining a balance between time-tested craftsmanship and cutting-edge innovation, ensuring that each product meets the high-performance standards of athletes across the globe. Coupled with strategic marketing efforts and a robust distribution network, which includes retail partners and a growing e-commerce platform, Amer Sports not only sustains its market relevance but also continuously taps into new and evolving consumer segments, keeping it a formidable player in the sports equipment industry.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Feb 24, 2026
AI Summary
Q4 2025

Revenue Growth: Amer Sports delivered 27% revenue growth in 2025, reaching $6.6 billion, with double-digit increases across all segments, regions, and channels.

Brand Strength: Arc'teryx and Salomon led growth, with Salomon surpassing $2 billion in sales and both brands gaining momentum across regions, particularly in Asia and North America.

Margin Dynamics: Adjusted operating margins expanded 170 basis points year-over-year to 12.8% for the full year; however, Q4 saw a 110 basis point decline due to accelerated SG&A investments, mainly behind Salomon.

Strong Q4: Q4 sales rose 28%, and gross margin increased 140 basis points to 57.8%, though operating margin declined due to higher investment spending.

Guidance: For 2026, revenue is expected to grow 16%–18%, with adjusted operating margin of 13.1%–13.3% and adjusted EPS of $1.10–$1.15. Q1 guidance calls for 22%–24% revenue growth and $0.28–$0.30 EPS.

Investment Focus: Management is prioritizing long-term growth opportunities, especially for Salomon and Wilson Tennis 360, even if it means slower near-term margin expansion.

Balance Sheet: Net leverage was reduced to 0.3x, with strong cash generation and a focus on paying down inefficient debt.

Positive Outlook: Early 2026 trends are strong, particularly in China and North America, and management expressed confidence in delivering or exceeding guidance if demand remains robust.

Key Financials
Revenue
$6.6B
Adjusted Operating Margin
12.8%
Gross Margin
57.8% in Q4
Adjusted Diluted EPS
$0.31 in Q4; $1.10–$1.15 guidance for 2026
Net Debt
$291M
Net Leverage
0.3x
Operating Cash Flow
$730M in 2025
Technical Apparel Revenue
$1B in Q4
Outdoor Performance Revenue
$764M in Q4
Ball & Racquet Revenue
$337M in Q4
Adjusted Operating Margin – Technical Apparel
25.9% in Q4
Adjusted Operating Margin – Outdoor Performance
6.2% in Q4
Adjusted Operating Margin – Ball & Racquet
-2.6% in Q4
Adjusted Net Income
$176M in Q4
Adjusted Effective Tax Rate
27% in Q4
Depreciation & Amortization
$106M in Q4
CapEx
$310M in 2025
Corporate Expenses
$40M in Q4
Adjusted Net Finance Cost
$21M in Q4
Earnings Call Recording
Other Earnings Calls

Management

Mr. Jie Zheng
CEO, Interim President & Director and CEO of Salomon
No Bio Available
Mr. Michael Hauge Sørensen
Chief Operating Officer
No Bio Available
Mr. Stefan Schubert
Chief Information Officer & Senior VP of Group IT
No Bio Available
Mr. Omar Regis Saad CPA
Vice President of Finance & Investor Relations
No Bio Available
Ms. Jutta Karlsson LL.M.
General Counsel
No Bio Available
Ms. Anu Sirkia
Vice President of Communications
No Bio Available
Mr. Sebastian Lund
Chief Human Resources Officer
No Bio Available
Mr. Wen-Chang Chen
Chief Strategy Officer
No Bio Available
Mr. Joseph Dudy
President & CEO of Wilson
No Bio Available
Mr. Douglas Gilbert
Deputy CFO & Senior VP of Group Finance
No Bio Available

Contacts

Address
ETELA-SUOMEN
Helsinki
Konepajankuja 6, P.O. Box 1000
Contacts
+358207122500
www.amersports.com
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett