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Amer Sports Soars 10.86% on Record Q1 Earnings
Generated by AI AgentAinvest Pre-Market Radar
Tuesday, May 20, 2025 6:22 am ET1min read
On May 20, 2025,
surged 10.86% in pre-market trading, reflecting a strong start to the year.Amer Sports reported record financial results for the first quarter of 2025, with revenues, adjusted margins, and earnings per share (EPS) exceeding expectations. The company's unique portfolio of premium technical brands, led by Arc'teryx and Salomon footwear, continues to gain market share in the sports and outdoor markets globally. This strong performance has led to an increase in the company's full-year revenue and EPS guidance.
Amer Sports is projected to report quarterly earnings at $0.16 per share on revenue of $1.39 billion. The company's momentum from the first quarter is expected to continue into the second quarter, driven by its strong brand portfolio and market share gains.
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