Amer Sports news and archive

Amer Sports raises full year outlook following strong Q1 growth

Finland-based sports equipment and apparel group Amer Sports has reported a 32 percent increase in revenue for the first quarter of 2026, reaching 1.95 billion dollars compared to the same period last year. On a constant currency basis, revenue grew by 26 percent. The performance was led by its technical apparel segment and outdoor performance...

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Amer Sports increases annual revenue by 27 percent and forecasts further growth

Finland-based sporting goods group Amer Sports Inc. experienced strong growth in the 2025 financial year. The parent company of brands such as Arc’teryx, Salomon, Wilson and Peak Performance also presented results for the fourth quarter on Tuesday that exceeded market expectations. Last year, the group's revenue reached 6.57 billion US dollars....

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Amer Sports beats expectations again in third quarter

Finland-based sporting goods group Amer Sports Inc. has once again exceeded market expectations in the third quarter of its 2025 financial year. In light of this surprisingly strong performance, the parent company of brands including Arc’teryx, Salomon, Wilson and Peak Performance raised its annual forecast again on Tuesday. In the three months...

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Amer Sports announces updated financial strategy and raises Q3 guidance

Amer Sports, a global group of iconic sports and outdoor brands, is hosting an Investor Day to present its updated long-term financial strategy. The company has also raised its financial guidance for the third quarter of 2025. Amer Sports now expects a year-over-year revenue growth in the high 20s percentage for the third quarter, compared to...

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Amer Sports Q2 revenue up 23 percent, raises outlook

Amer Sports, Inc. announced strong financial results for the second quarter of 2025, with revenue increasing by 23 percent to 1.236 billion dollars, or 22 percent on a constant currency basis. The company's CEO, James Zheng, attributed the growth to the performance of its premium brands, which he says are gaining market share globally. The...

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Parent company Arc’teryx and Peak Performance raises annual expectations after positive Q1

Amer Sports, Inc. had a strong first quarter. The Finnish sports group saw significant growth in both revenue and net income, according to the published quarterly figures. Due to the strong results, Amer Sports, Inc. decided to raise its expectations for the full financial year. Amer Sports, Inc. is the parent company of the brands Arc’teryx,...

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Amer Sports exceeds 2024 expectations and forecasts further growth

Finland-based sporting goods group Amer Sports Inc. exceeded its own expectations in fiscal year 2024 thanks to a strong final quarter. The parent company of brands such as Arc’teryx, Salomon, Wilson, and Peak Performance forecast further growth on Tuesday for the current year. Last year, the group's revenue reached 5.18 billion dollars, an 18...

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Salomon names Guillaume Meyzenq as president and CEO

Amer Sports, Inc., which owns sports and outdoor brands, including Arc’teryx, Peak Performance and Wilson, has appointed Guillaume Meyzenq as the new president and chief executive for French outdoor and sports brand Salomon. Meyzenq, who is currently chief product officer for Salomon, will take up his new role effective January 1, 2025, and...

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Amer Sports raises forecast on strong Q3 growth

For the third quarter, Amer Sports reported a revenue increase to 1,354 million dollars, up 17 percent on both a reported and constant currency basis. “The third quarter was very strong for Amer Sports Group across all brands and geographies. We are executing against our largest growth opportunities in Arc'teryx and Salomon footwear, while our...

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Amer Sports reports strong Q2, updates forecast

For the second quarter, Amer Sports revenue increased 16 percent to 994 million dollars or increased 18 percent on a constant currency basis. Net loss decreased 98 percent to 4 million dollars or negative 1 cent diluted loss per share and adjusted net income increased 129 percent to 25 million dollars or 5 cents diluted earnings per share. "Our...

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Peak Performance to open first UK store in London

Scandinavian outdoor brand Peak Performance, owned by Amer Sports, has confirmed it will open its first-ever store in the UK later this year as part of its global expansion plans. Peak Performance has selected Covent Garden in London for its debut UK store, following in the footsteps of its sister brand, Canadian high-performance outdoorwear...

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Technical apparel segment boosts Amer Sports Q1 revenues

For the first quarter, Amer Sports revenue increased 13 percent to 1.2 billion dollars led by a 44 percent increase in the technical apparel segment. On a constant currency basis, revenue increased 14 percent. Commenting on the trading results, Amer Sports CEO James Zheng said: “Our transformation to a brand-direct business model four years ago...