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Amer Sports Stock Surges 19% on Robust Q1 Earnings and Raised Guidance
Amer Sports Stock Surges 19% on Robust Q1 Earnings and Raised Guidance
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Amer Sports Inc. (NYSE: AS) shares soared 19.05% to close at $37.37 following a strong first-quarter earnings report that exceeded analyst expectations. Revenue climbed 23% year-over-year to $1.47 billion, while adjusted EPS more than tripled to $0.27 from $0.09 in the prior-year period.
The company’s premium outdoor brands—Arc’teryx, Salomon, and Wilson Tennis—drove growth across all regions. CEO James Zheng cited sustained demand momentum continuing into Q2, enabling Amer Sports to raise full-year guidance despite ongoing tariff pressures.
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