Amer Sports Reports Third Quarter 2025 Financial Results, Raises Full Year Revenue, Margin, and EPS Guidance

Core Insights - Amer Sports reported strong financial results for Q3 2025, with a revenue increase of 30% year-over-year to $1,756 million, driven by growth across all segments and regions [4][5][19] - The company raised its full-year revenue, margin, and EPS guidance due to continued momentum in its premium technical brands [7][8] Financial Performance - Revenue increased by 30% to $1,756 million, with a constant currency growth of 28% [5] - Gross margin improved by 160 basis points to 56.8%, while adjusted gross margin increased by 240 basis points to 57.9% [5] - Operating profit rose by 22% to $216 million, with adjusted operating profit increasing by 41% to $275 million [5] - Net income attributable to equity holders surged by 156% to $143 million, translating to $0.25 diluted earnings per share [5] Segment Performance - Technical Apparel revenue grew by 31% to $683 million, with an omni-comp growth of 27% [5][23] - Outdoor Performance segment saw a 36% increase in revenue to $724 million, driven by Salomon footwear and Winter Sports Equipment [5][23] - Ball & Racquet Sports revenue increased by 16% to $350 million [5][23] Geographic Performance - Greater China experienced significant growth of 47%, contributing to the overall revenue increase [4][23] - All four regions reported double-digit revenue growth, with the Americas growing by 18% and EMEA by 23% [4][23] Outlook - The company expects to achieve high-end growth in 2026, targeting low-double-digit to mid-teens annual sales growth [8] - Adjusted operating margin is anticipated to expand within the long-term algorithm of 30-70+ basis points annually [8]