Shares of Amer Sports (AS) gained attention on Tuesday after the company posted first quarter results that came in ahead of Wall Street expectations and above prior-year levels.
Compared with earnings of $0.27 per share reported during the same quarter last year, The firm delivered adjusted earnings of $0.38 per share while outperforming analyst expectations of earnings of $0.31 per share.
The company reported quarterly sales of $1.95 billion, improving by 32.65% from $1.47 billion reported during the same quarter last year and exceeding analyst estimates.
Looking ahead, Amer Sports forecast profit outlook for the fiscal year 2026 in the range of $1.18 to $1.23 per share, compared with analyst expectations of $1.20 per share.
Revenue expectations was set between $7.88 billion and $8.01 billion, representing a growth of 20 percent to 22 percent, versus consensus estimates of $7.76 billion.
CEO James Zheng, said, “Our excellent momentum continued in the first quarter of 2026, as our unique portfolio of technical sports and outdoor brands are creating white space and taking share globally.”
