Amer Sports Q4 Earnings Call Highlights

Page said adjusted gross margin rose 140 basis points year-over-year in the quarter to 57.8% , driven by “positive segment, regional, and channel mix shift.” However, adjusted SG&A deleveraged, rising to 45.5% of revenue from 43.3% a year earlier, primarily due to increased spending in Outdoor Performance as Salomon accelerated investment. Page also noted elevated SG&A investment in Ball & Racquet tied to Wilson softgoods growth, partly offset by leverage in Technical Apparel.In the fourth quarter, Amer Spo ...