Amer Sports Expects Mid-Teens Growth in 2025
The Arc’teryx, Salomon, and Wilson parent turned a $17.1 million profit in the final quarter after last year’s $94.9 million loss as revenue increased 23% to $1,635.5 million from $1,327.5 million. Technical apparel and outdoor performance segments led the top-line results, with wholesale up 6% to $802.7 million and direct-to-consumer surging 46% to $832.8 million. Greater China led all geographies with a 54% increase to $383.9 million, followed closely by the remainder of APAC at +52% to $176.0 million. Americas was up 15% to $584.4 million, and EMEA grew 8% to ... Log in to view full article.