Amer Sports, Inc.

Amer Sports, Inc. Earnings Recaps

AS Consumer Cyclical 2 recaps
Q3 2025 Nov 19, 2025

Amer Sports continues its strong performance in Q3 FY2025, achieving 30% revenue growth and significant margin expansion, driven by exceptional results in both the Salomon and Arc'teryx brands.

Key takeaways
  • All segments saw robust growth, with Salomon footwear leading the charge and Arc'teryx experiencing a resurgence in its direct-to-consumer channel.
  • Adjusted operating margin expanded by 130 basis points while adjusted EPS more than doubled year-over-year.
  • Double-digit revenue growth achieved in all regions, signaling strong global momentum as the company heads into Q4.
  • Technical Apparel brand Arc'teryx recorded a 40% increase in women's sales, highlighting increasing brand awareness and targeted product offerings.
  • Salomon's footwear segment shows potential for market share gains, particularly in the growing Asian market, which remains a key growth driver.
Q2 2025 Aug 19, 2025

Amer Sports demonstrated robust growth in Q2 FY2025, achieving a 23% sales increase and improved operating margins, driven by strong performances across key brands.

Key takeaways
  • Sales grew 23% year-over-year (22% excluding currency impact), indicating strong demand across the portfolio.
  • Adjusted operating margin expanded by 260 basis points, highlighting enhanced profitability.
  • Arc’teryx sustained impressive growth, particularly in footwear and the direct-to-consumer channel, with plans for 25 net new store openings in 2025.
  • Salomon's footwear segment showed accelerating global demand, positioning the brand for greater market share.
  • Strong performance in the Greater China region, with focus on optimizing retail presence for long-term value creation.