Amer Sports Provides Business Update
Amer Sports, Inc. (AS)
Company Research
Source: PR Newswire
HELSINKI, Oct. 9, 2024 /PRNewswire/ -- Amer Sports, Inc. ("Amer Sports"), a global group of iconic sports and outdoor brands, announced today that its CEO James Zheng, along with other members of the Amer Sports management team, attended events with investors and research analysts in Shanghai, China on October 8, 2024 as part of the company's commitment to shareholder engagement. During the meeting, Mr. Zheng provided color on both the Company's long-term growth perspective for Greater China as well as an update on sales performance for Greater China as it relates to Golden Week (October 1, 2024 through October 7, 2024), which followed the recently-announced government stimulus program.Amer Sports' Greater China revenue growth exceeded 60% year-over-year for the seven-day Golden Week period with strength across the portfolio driven by accelerating store sales at Salomon, Wilson and Arc'teryx. The Company continues to see an outsized growth opportunity in China, notably in the outdoor
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News
- Amer Sports, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- Amer Sports, Inc. (NYSE: AS) had its "outperform" rating re-affirmed by analysts at Evercore ISI. They now have a $26.00 price target on the stock, up previously from $25.00.MarketBeat
- Amer Sports, Inc. (NYSE: AS) had its price target raised by analysts at UBS Group AG from $24.00 to $27.00. They now have a "buy" rating on the stock.MarketBeat
- Amer Sports, Inc. (NYSE: AS) had its price target raised by analysts at Wells Fargo & Company from $19.00 to $20.00. They now have an "equal weight" rating on the stock.MarketBeat
- Amer Sports, Inc. (NYSE: AS) had its price target raised by analysts at TD Cowen from $21.00 to $23.00. They now have a "buy" rating on the stock.MarketBeat
AS
Earnings
- 11/19/24 - Beat
AS
Sec Filings
- 11/19/24 - Form 6-K
- 11/19/24 - Form 6-K
- 11/12/24 - Form SC
- AS's page on the SEC website