Amer Sports Stock Price, News & Analysis

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.

Amer Sports (AS), a global group of iconic sports and outdoor brands, has scheduled its first quarter 2025 financial results announcement for Tuesday, May 20, 2025, before market opening. The company will host a management conference call and webcast at 8:00 a.m. Eastern Time on the same day. Investors can access the webcast through the company's Investor Relations website, where a replay will be available approximately three hours after the call concludes.

Amer Sports, a global group of iconic sports and outdoor brands, has announced the filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (SEC). The report is accessible through the company's investor relations website and the SEC's website. Shareholders can request free hard copies of the complete audited financial statements through the company's investor relations portal.

Amer Sports Inc. (NYSE: AS) reported strong Q4 and fiscal year 2024 results, exceeding guidance across sales, adjusted margins, and EPS. Q4 revenue increased 23% to $1.6 billion, with Technical Apparel up 33%, Outdoor Performance up 13%, and Ball & Racquet Sports up 22%.

Q4 adjusted operating margin improved 330 basis points to 13.6%, while adjusted net income surged 388% to $90 million ($0.17 EPS). For full-year 2024, revenue grew 18% to $5.2 billion, with adjusted operating margin increasing 130 basis points to 11.1%.

The company's Arc'teryx brand showed particularly strong momentum with 29% omni-comp growth. Amer Sports also strengthened its financial position through capital raising and debt reduction.

For 2025, Amer Sports projects 13-15% revenue growth (including 250 basis point Fx headwind), gross margin of 56.5-57.0%, operating margin of 11.5-12.0%, and EPS of $0.64-$0.69.

Amer Sports, a global group of iconic sports and outdoor brands, has announced it will release its fourth quarter 2024 financial results before market opening on Tuesday, February 25, 2025. The 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 preliminary financial results for 2024, projecting revenue growth at the high end of their previous 16-17% guidance range, despite Q4 foreign currency headwinds. The company expects full-year 2024 adjusted operating margin to reach the high end of 10.5-11.0%.

In a significant financial move, Amer Sports has repaid all $1.2 billion of its outstanding term loans in Q4 and expects fiscal year 2025 adjusted net finance costs to be approximately $120 million, down from previous guidance of $180-190 million. The company reports strong performance across all segments and regions, with solid top-and bottom-line results.

The company's growth strategy focuses on global expansion of its flagship Arc'teryx brand and Salomon footwear. Amer Sports operates in over 40 countries, with products sold in more than 100 countries, and generated revenue of $4.4 billion in 2023.

Amer Sports (NYSE: AS) has announced the pricing of its upsized public offering of 40,800,000 ordinary shares at $23.00 per share. The company has granted underwriters a 30-day option to purchase up to an additional 6,120,000 shares. The offering is expected to close on December 6, 2024.

The company plans to use the net proceeds to repay a portion of outstanding borrowings under its term loan facilities. The offering is led by joint book-running managers BofA Securities and J.P. Morgan, with several other financial institutions participating as book-runners and co-managers.