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Arc’teryx, Salomon Parent Sees Q3 Income Spike — and Investors Like What They See
Yahoo Finance· 2025-11-18 13:47
Core Insights - Amer Sports Inc. demonstrated strong financial performance in the third quarter, with a significant increase in both net income and revenue, leading to a notable rise in share price [1][2]. Financial Performance - For Q3, net income reached $143.1 million, or 25 cents per diluted share, compared to $55.8 million, or 11 cents, in the same quarter last year, marking a substantial increase [2]. - Revenue for the third quarter rose by 29.7% to $1.76 billion from $1.35 billion [2]. - For the first nine months of the year, net income was $295.9 million, or 53 cents per diluted share, up from $57.2 million, or 12 cents, year-over-year [2]. - Revenue for the nine-month period increased by 25.9% to $4.47 billion from $3.55 billion [2]. Business Segments and Growth - The company’s CEO highlighted strong performance across all segments, particularly noting exceptional growth in Salomon footwear and a re-acceleration in Arc'teryx [3]. - The CFO emphasized that Salomon footwear is significantly enhancing the financial profile and long-term value of Amer Sports' portfolio [3]. Future Outlook - The company anticipates revenue growth of 23% to 24% for the upcoming period, with a gross margin of 58% and operating margin between 12.5% and 12.7% [5]. - Diluted earnings per share are projected to be in the range of 88 cents to 92 cents [5]. - Amer Sports raised its revenue growth guidance for the year ending December 31, 2025, expecting to achieve growth towards the high end of low double-digit to mid-teens annual sales growth [4].