Amer Sports Bumps Guidance Ahead of Investor Day
The Arc’teryx, Salomon, and Wilson parent now expects third-quarter revenues to increase 20% - 22%, up from its previous guidance for 18% - 20% growth, driving an adjusted operating margin slightly above its guidance range of 13.5% - 14.0%. AS also updated its long-term financial algorithm, calling for a low-double-digit to mid-teens total revenue CAGR over the next five years, with fiscal year 2026 ... Log in to view full article.
