市场分析师指出，亚玛芬体育旗下品牌矩阵的协同效应正在释放，尤其是萨洛蒙的增速超越始祖鸟，成 为集团新的增长引擎。基于上半年的强劲表现，亚玛芬体育已上调全年业绩指引，预计2025财年收入将 增长20%至21%。 【深圳商报讯】（首席记者 吴蕾）近日，体育运动品牌安踏集团旗下亚玛芬体育发布上半年财报。 2025年上半年，亚玛芬体育净利润同比增幅高达3047.06%，远超市场预期。 财务业绩报告显示，亚玛芬体育公司上半年营收从去年同期的约21.94亿美元增长23.46%至27.08亿美元 （约合194.57亿元人民币）。净利润表现更佳，上半年录得1.61亿美元（约11.57亿元人民币），相比去 年同期的510万美元，同比增幅高达3047.06%。根据区域市场分析，亚玛芬体育以中国为主的市场区域 收入第二季度超越北美区域，实现收入4.10亿美元。不含中国的亚太地区市场营收同比增长45%，领跑 全球市场。 ...

Group 1 - Chip Wilson, founder of Lululemon Athletica, sold shares of Amer Sports for $159.7 million, marking his latest move to liquidate equity [1] - Wilson reduced his stake in Amer Sports by approximately 4 million shares, representing 0.7% of the company's total equity, without disclosing the purpose of the funds [1] - Over the past year, Wilson has pledged Lululemon shares for cash three times, securing over $500 million in available funds from multiple banks, while not using Amer Sports shares for pledging [1] Group 2 - Wilson was part of a consortium led by Anta Sports that privatized Amer Sports in 2019 and has since driven its premium transformation, focusing on products like skis and tennis rackets [1] - Amer Sports has seen a remarkable stock performance since its NYSE listing last year, with a cumulative increase of over 200% [1] - Wilson currently holds about 18% of Amer Sports, which constitutes half of his net worth of $8 billion, according to Bloomberg Billionaires Index [1] Group 3 - The recent share reduction occurred while Amer Sports' stock price is at a historical high, with ongoing market interest in its expansion in China and global strategy [2] - The demand for high-end sports equipment from China's growing middle class is a key factor supporting Amer Sports' valuation [2] - As of the report, Amer Sports' stock was down nearly 2% in pre-market trading, priced at $40.20 [2]

分业务板块来看，二季度户外功能性服饰业务的营收同比增长23%至5.09亿美元，始祖鸟在各地区、渠 道及品类均交出亮眼成绩。二季度，鞋履依旧是始祖鸟增长最快的品类，增速高于品牌整体；去年，始 祖鸟的鞋履就已取得三位数增长。此外，始祖鸟的女性品类延续强劲增长势头，在所有区域均实现两位 数增长，整体表现优于品牌平均水平。据透露，始祖鸟将在2025年下半年推出一系列令人期待的鞋履新 品，鞋履业务也将成为始祖鸟实现大规模且可持续盈利增长的重要引擎。 亚玛芬体育日前发布2025年二季度财报。数据显示，公司二季度营收达12.36亿美元，同比增长23%； 归母净利润为1820万美元，上年同期为亏损370万美元，实现扭亏为盈。鉴于二季度的业绩表现，亚玛 芬体育上调了全年业绩指引，预计2025财年收入将增长20%—21%。 亚玛芬体育全球首席执行官郑捷表示："二季度，亚玛芬体育延续了强劲的增长，我们独特的高端户外 功能性服饰品牌组合继续开拓新的市场，并在全球体育和户外领域进一步扩大份额。虽然面临高关税和 其他短期宏观不确定因素，我们对旗下每个品牌均实现高质量长足增长仍有信心。近期，萨洛蒙鞋类业 务的加速发展、始祖鸟强健增速的延续 ...

大事提醒： 8月20日，亚玛芬体育获瑞银集团上调目标价至52美元，最新评级Buy。 8月23日，亚玛芬体育(AS)盘中上涨10.03%，截至01:34，报40.93美元/股，成交1.98亿美元，总市值 226.99亿美元。 财务数据显示，截至2025年06月30日，亚玛芬体育收入总额27.09亿美元，同比增长23.46%；归母净利 润1.53亿美元，同比增长10814.29%。 本文源自：金融界 资料显示，亚玛芬体育有限公司是一个运动和户外品牌的全球平台,包括Arc 'teryx, Salomon, Wilson, Atomic和Peak Performance。Amer Sports通过批发和直接面向消费者的渠道在全球范围内制造、销售和 销售运动装备、服装和鞋类,销售网络遍布34个国家,其中北美、欧洲、亚洲和中国是主要市场区域。 作者：行情君 ...

Core Insights - Amer Sports' stock price increased by 5.47% on August 22, reaching $39.235 per share, with a trading volume of $24.299 million and a total market capitalization of $21.759 billion [1] Financial Performance - As of June 30, 2025, Amer Sports reported total revenue of $2.709 billion, representing a year-over-year growth of 23.46% [1] - The company achieved a net profit attributable to shareholders of $153 million, showing a remarkable year-over-year increase of 10,814.29% [1] Analyst Ratings - On August 20, Amer Sports received a target price upgrade from UBS to $52, with the latest rating being "Buy" [1] Company Overview - Amer Sports operates as a global platform for sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Atomic, and Peak Performance [1] - The company manufactures, sells, and distributes sports equipment, apparel, and footwear through wholesale and direct-to-consumer channels across 34 countries, with North America, Europe, Asia, and China being the primary market regions [1]

Group 1 - The core viewpoint of the news is that Amer Sports has shown significant financial growth, with a notable increase in revenue and net profit [1][2] - As of August 22, Amer Sports' stock price rose by 2.53% to $38.14 per share, with a total market capitalization of $21.15 billion [1] - Financial data indicates that by June 30, 2025, Amer Sports is projected to achieve total revenue of $2.709 billion, representing a year-on-year growth of 23.46% [1] Group 2 - Amer Sports has received a target price upgrade from UBS to $52, with a current rating of Buy [2] - The company operates as a global platform for sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Atomic, and Peak Performance [2] - Amer Sports manufactures and sells sports equipment, apparel, and footwear through wholesale and direct-to-consumer channels across 34 countries, with North America, Europe, Asia, and China being the primary market regions [2]

Analyst's Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or a ...

Core Insights - Amer Sports, Inc. reported better-than-expected earnings for Q2, with adjusted earnings per share of 6 cents, surpassing the analyst consensus estimate of 3 cents. Quarterly sales reached $1.24 billion, reflecting a 23% year-over-year increase, exceeding the expected $1.18 billion [1]. Financial Performance - The company raised its FY2025 GAAP EPS outlook to a range of 77 cents to 82 cents, up from the previous range of 67 cents to 72 cents, compared to the 71-cent estimate. Additionally, the FY2025 sales forecast was lifted to $6.22 billion to $6.27 billion, above the earlier range of $5.96 billion to $6.06 billion, and exceeding Wall Street's estimate of $6.08 billion [3]. Analyst Ratings and Price Targets - Following the earnings announcement, analysts adjusted their price targets for Amer Sports. B of A Securities analyst Lorraine Hutchinson maintained a Buy rating and raised the price target from $42 to $45. Baird analyst Jonathan Komp also maintained an Outperform rating and increased the price target from $44 to $45 [4][8].

Core Insights - Amer Sports reported a 23% year-over-year revenue growth in Q2 2025, reaching $1.236 billion [1] - The company expects a full-year revenue growth of 20-21%, with a gross margin of approximately 57.5% and an operating profit margin of 11.8-12.2% [2] Revenue Breakdown - Outdoor functional apparel segment grew 23% to $509 million [1] - Mountain outdoor apparel and equipment segment saw a 35% increase to $414 million [1] - Ball and racket equipment segment increased by 11% to $314 million [1] Regional Performance - Greater China revenue grew 42% to $410 million [1] - Asia-Pacific (excluding Greater China) revenue increased by 45% to $155 million [1] - Americas revenue rose by 6% to $395 million [1] - EMEA region revenue grew 18% to $276 million [1] Channel Performance - Direct-to-consumer (DTC) channel revenue increased by 40% to $641 million [1] - As of June 30, the number of outdoor functional apparel stores increased by 12% to 227 [1] - Mountain outdoor apparel and equipment stores grew by 58% to 256 [1] - Ball and racket equipment stores increased by 142% to 63 [1] Store Expansion - Arc'teryx added 7 new stores, with growth in footwear and women's categories [1] - Salomon's DTC channel grew by 63%, with a net addition of 16 stores in Greater China, totaling 234 [1] - Wilson's footwear business revenue doubled, with plans to open 50 new tennis 360 stores in China this year [1]

Group 1 - Amer Sports' stock price increased by 2.41% to $36.6 per share, with a total market capitalization of $20.297 billion as of August 20 [1] - For the fiscal year ending March 31, 2025, Amer Sports reported total revenue of $1.472 billion, representing a year-over-year growth of 23.48% [1] - The company's net profit attributable to shareholders reached $135 million, showing a significant year-over-year increase of 2539.22% [1] Group 2 - Amer Sports is a global platform for sports and outdoor brands, including Arc'teryx, Salomon, Wilson, Atomic, and Peak Performance [2] - The company operates through wholesale and direct-to-consumer channels, selling sports equipment, apparel, and footwear across 34 countries, with North America, Europe, Asia, and China as key markets [2] - The mid-year financial report for fiscal year 2025 is expected to be disclosed on August 19, 2023, prior to the market opening [2]