Amer Sports Reports Second Quarter 2024 Financial Results, Company Raises Full Year Guidance [Yahoo! Finance]
Amer Sports, Inc. (AS)
Company Research
Source: Yahoo! Finance
Top-tier performance in Greater China Double-digit growth in Salomon soft goods continues, notably footwear Wilson returned to growth, with a strong product pipeline for the second half of 2024 HELSINKI, August 20, 2024 BUSINESS WIRE )--Amer Sports Inc. (NYSE: AS) ("Amer Sports" or the "Company") announced its financial results for the second quarter of 2024. CEO James Zheng commented, "I am very pleased by our financial and operational performance in the second quarter of 2024. Our unique portfolio of premium technical brands is taking share in sports and outdoor markets all around the world. Led by our flagship Arc'teryx brand, we well exceeded our own high expectations on all key financial metrics, positioning us to deliver another strong year in 2024." SECOND QUARTER 2024 RESULTS For the second quarter of 2024, compared to the second quarter of 2023: Revenue increased 16% to $994 million, or increased 18% on a constant currency basis Revenues by segment: Technical
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News
- Amer Sports, Inc. (NYSE: AS) was upgraded by analysts at Nomura Securities to a "strong-buy" rating.MarketBeat
- Jim Cramer on Amer Sports Inc. (AS): ‘I Didn't Like The Subpar Balance Sheet' [Yahoo! Finance]Yahoo! Finance
- Arc'teryx Opens NYC Flagship Amid North American Retail Expansion [Yahoo! Finance]Yahoo! Finance
- Amer Sports, Inc. (NYSE: AS) had its "outperform" rating re-affirmed by analysts at Evercore ISI. They now have a $21.00 price target on the stock.MarketBeat
- Amer Sports, Inc. (NYSE: AS) had its price target raised by analysts at UBS Group AG from $17.00 to $19.00. They now have a "buy" rating on the stock.MarketBeat
AS
Earnings
- 8/20/24 - Beat
AS
Sec Filings
- 8/20/24 - Form 6-K
- 8/20/24 - Form 6-K
- AS's page on the SEC website