Amer Sports, Inc. Q4 2025 Earnings Call Summary

Achieved 27% annual revenue growth driven by the 'breakout' performance of Arc’teryx and Salomon, the latter of which surpassed $2,000,000,000 in sales. Management attributed the 110 basis point Q4 operating margin decline to intentional, opportunistic SG&A investments aimed at scaling Salomon’s global sneaker market share. Arc’teryx performance was led by a disruptive direct-to-consumer model and high-growth categories in women’s apparel and technical footwear. Salomon’s growth is being fueled by a ...