Amer Sports Inc. continued its broad-based momentum in the first quarter — and into the second quarter.
Shares of the Arc’teryx and Salomon brands’ parent rose nearly 3.3 percent to $34.25 in pre-market trading Tuesday after posting first quarter earnings results
More from WWD “Our excellent moment continued into the first quarter of 2026, as our unique portfolio of technical sorts and outdoor brands are creating white space and taking share globally,” Amer Sports CEO James Zheng said in a statement. “All segments, geographies, and channels performed extremely well in Q1, led by exceptional Salomon Softgoods growth, a strong Arc’teryx omni-comp, and solid Wilson Tennis 360 growth.” Zheng added that the company is “confident in the future outlook for Amer Sports,” given the continued broad-based momentum across its portfolio. For the three months ended March 31, net income increased 22.3 percent to $164.6 million, or 29 cents a diluted share, from $134.6 million, or 24 cents, in the year-ago period. On an adjusted diluted basis, earnings per share (EPS) rose 38 cents.
Revenue rose 32.1 percent to $1.95 billion from $1.47 billion. Wall Street was expecting adjusted diluted EPS of 31 cents on $1.83 billion. By geography, Greater China — mainland China, Hong Kong, Macau and Taiwan — revenue was up 44.5 percent to $644.5 million.