After 87% run from its post-IPO breakout, sports equipment leader Amer Sports skis toward breakout in stormy market. The post IPO Watch: Wilson, Salomon Owner Skis Market Moguls As Growth Rebounds appeared first on Investor's Business Daily.
Sportswear group Amer Sports sees lower sales growth this year after a strong 2024, the company said on Tuesday as it reported fourth-quarter results boosted by its expensive Arc'teryx brand.
NEW YORK--(BUSINESS WIRE)--Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the fourth quarter and fiscal year 2024. CEO James Zheng commented, “Fourth quarter was a great finish to a historic year for Amer Sports Group, with strong performance across all segments and geographies. Led by Arc'teryx, our unique portfolio of premium technical b...
HELSINKI--(BUSINESS WIRE)--Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it will report its fourth quarter 2024 financial results before the market opens on Tuesday, February 25, 2025. 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 webs...
HELSINKI--(BUSINESS WIRE)--Ahead of participating in the 27th annual ICR conference this week, Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced preliminary revenue and adjusted operating margin results for fiscal year 2024, as well as provided a balance sheet update. The Company will report fourth quarter and fiscal year 2024 financial results on February 25, 2025, a...
Overall, 2024 was a year of underperformance when it comes to retail stocks. The SPDR S&P Retail ETF NYSEARCA: XRT finished the year with a total return of just under 12%.
HELSINKI, Finland--(BUSINESS WIRE)--Amer Sports, Inc. (NYSE: AS) (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today the pricing of its upsized public offering of 40,800,000 ordinary shares at a price of $23.00 per share. In connection with the offering, Amer Sports has granted the underwriters a 30-day option to purchase up to an additional 6,120,000 ordinary s...
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