Amer Sports Stock Price, News & Analysis

ANTA Sports (AS) has agreed to acquire a 29.06% stake in PUMA SE from Groupe Artémis for €1.5 billion in cash, funded from ANTA’s internal cash resources. The transaction makes ANTA the largest shareholder of PUMA and is expected to close by the end of 2026, subject to regulatory approvals and customary closing conditions. ANTA said it will seek representation on PUMA’s Supervisory Board while preserving PUMA’s brand autonomy and currently has no plans to launch a takeover offer.

The deal is presented as a strategic step in ANTA’s multi-brand globalization strategy to expand global reach and complement product portfolios and regional footprints.

Amer Sports (NYSE: AS) reported strong 3Q25 results and raised full‑year guidance. Revenue rose 30% to $1,756M (28% constant currency). Gross margin improved 160 bps to 56.8%; adjusted gross margin +240 bps to 57.9%. Adjusted operating profit was $275M, up 41%; adjusted operating margin 15.7% (+130 bps). Net income attributable to equity holders was $143M; adjusted net income $185M. Inventories increased 28% to $1,710M; net debt was $800M with $353M cash. The company raised 2025 adjusted guidance to revenue growth of 23%–24% and issued fully diluted EPS guidance of $0.88–0.92, while forecasting ~58% gross margin and 12.5%–12.7% operating margin.

Amer Sports (NYSE:AS) will report third quarter 2025 financial results before market open on November 18, 2025. Management will host a live webcast and call on November 18, 2025 at 8:00 a.m. Eastern Time accessible via the company website Investor Relations page. A replay will be posted approximately three hours after the call concludes on the same Investor Relations page. The announcement provides timing and access details for investors and analysts to follow the Q3 2025 results and replay.

Amer Sports (NYSE:AS) has raised its Q3 2025 guidance and reaffirmed its long-term financial targets during its Investor Day. The company now expects Q3 2025 revenue growth in the high 20s percentage, up from previous guidance of 20%, with adjusted operating margin projected to be at or above the high end of 12-13%.

The company's long-term financial algorithm projects low-double-digit to mid-teens annual revenue CAGR for the group, with annual adjusted operating margin expansion of 30-70+ basis points. By segment, Technical Apparel targets mid-teens growth, Outdoor Performance aims for low-double-digit to mid-teens growth, and Ball & Racquet segment expects mid-single-digit growth.

Amer Sports (NYSE: AS) reported strong Q2 2025 results, with revenue increasing 23% to $1.236 billion. The company raised its full-year guidance across revenue, margins, and EPS. Key segment performance included Technical Apparel up 23%, Outdoor Performance up 35%, and Ball & Racquet Sports up 11%.

Notable highlights include gross margin improvement of 270 basis points to 58.5% and operating profit surge of 614% to $44 million. The company announced Wilson CEO Joe Dudy's departure, with CFO Andrew Page appointed as interim CEO. For full-year 2025, Amer Sports now expects 20-21% revenue growth and adjusted EPS of $0.77-0.82.

The company maintains confidence in managing higher tariffs and macro uncertainties while focusing on long-term brand growth. An Investor Day is scheduled for September 18 in Vancouver, BC.

Amer Sports (NYSE:AS) has scheduled its second quarter 2025 financial results announcement for August 19, 2025, before market opening. The global sports and outdoor brands company will host a management conference call and webcast at 8:00 a.m. Eastern Time on the same day.

The webcast will be accessible through the company's investor relations website, with a replay available approximately three hours after the call's conclusion.

Amer Sports (NYSE: AS) has announced the pricing of a secondary offering of 35,000,000 ordinary shares by FountainVest Partners at $37.20 per share. The offering is expected to close on May 30, 2025. Goldman Sachs & Co. LLC and BofA Securities are serving as lead book-running managers. Importantly, Amer Sports will not sell any shares or receive proceeds from this offering, as it involves existing shares being sold by a current shareholder. The offering is being conducted through an automatically effective registration statement filed with the SEC.

Amer Sports (NYSE: AS) has announced a secondary offering of 35,000,000 ordinary shares by entities affiliated with FountainVest Partners. Goldman Sachs & Co. LLC and BofA Securities are serving as lead book-running managers for the offering. The company itself is not selling any shares and will not receive any proceeds from this transaction. The offering's completion is subject to market conditions, with no guaranteed timeline. The shares will be offered to the public at a fixed price, which may be adjusted without notice. A registration statement has been filed with the SEC, and prospectus information will be available through Goldman Sachs and BofA Securities.

Amer Sports (NYSE: AS) reported exceptional Q1 2025 financial results, with revenue increasing 23% to $1.47 billion. The company saw strong performance across all segments: Technical Apparel grew 28% to $664M, Outdoor Performance rose 25% to $502M, and Ball & Racquet Sports increased 12% to $306M. Gross margin improved by 350 basis points to 57.8%, while adjusted operating margin expanded 490 basis points to 15.8%. Net income surged from $5M to $135M, with adjusted EPS of $0.27. Based on strong momentum, Amer Sports raised its FY2025 guidance, projecting revenue growth of 15-17% and adjusted EPS of $0.67-0.72, despite ongoing tariff challenges. The company maintains a solid balance sheet with $422M in cash and expects to effectively manage tariff impacts through pricing power and supply chain optimization.