Amer Sports Stock News

HELSINKI--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it will report its third quarter 2024 financial results before the market opens on Tuesday, November 19, 2024. The company will webcast a call with management that day at 8:00 a.m. Eastern Time. Amer Sports, Inc.'s webcast will be available via the company websi...

HELSINKI , Oct. 9, 2024 /PRNewswire/ -- Amer Sports, Inc. ("Amer Sports"), a global group of iconic sports and outdoor brands, announced today that its CEO James Zheng, along with other members of the Amer Sports management team, attended events with investors and research analysts in Shanghai, China on October 8, 2024 as part of the company's commitment to shareholder engagement. During the me...

I recommend a buy rating for Amer Sports due to strong demand momentum and potential for positive multiple re-rating if EPS growth meets expectations. Amer Sports' Q2 2024 results showed robust revenue growth and margin expansion. With a manageable net debt ratio and a strategic inventory buildup, AS is well-positioned to meet demand and support future growth.

Amer Sports reported strong Q2 2024 results, beating analyst estimates and raising guidance for FY 2024. Arc'teryx brand driving growth in China and Asia Pacific, contributing to the company's success. Financial projections and valuation suggest Amer Sports stock is fairly valued at this point, maintaining a "hold" rating for the stock.

Amer Sports revenue jumped by 16% year over year in the second quarter. The company is going to swing to profitability from two consecutive losing years.

Amer Sports, Inc. (NYSE:AS ) Q2 2024 Earnings Conference Call August 20, 2024 8:00 PM ET Company Participants Omar Saad - Vice President, Finance and Investor Relations James Zheng - Chief Executive Officer Andrew Page - Chief Financial Officer Stuart Haselden - Chief Executive Officer, Arc'teryx Conference Call Participants Brooke Roach - Goldman Sachs Matthew Boss - JPMorgan Paul Lejuez - Cit...

Amer Sports Inc.'s stock AS, +7.77% was rising by 9.4% in premarket trades Tuesday after the company cited strength in its Arc'teryx outdoor brand and said it expects to beat analyst estimates for its full-year 2024 earnings. The Helsinki, Finland-based footwear, apparel and sports-gear maker said its second-quarter loss narrowed to $1.8 million, or a penny a share, from a loss of $97 million, ...

HELSINKI--(BUSINESS WIRE)--Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) announced its financial results for the second quarter of 2024. CEO James Zheng commented, "I am very pleased by our financial and operational performance in the second quarter of 2024. Our unique portfolio of premium technical brands is taking share in sports and outdoor markets all around the world. Led by...