Amer Sports Raises Guidance in Aggressive Five-Year Growth Plan
Accelerating global expansion should help fuel a double-digit revenue CAGR over the next five-plus years, Amer Sports outlined at its first Investor Day since its Feb. ‘24 IPO, focusing on its leading Arc’teryx brand. The company updated its long-term financial projections, using current FY ‘25 guidance as a baseline, which includes revenue growth between 20% and 21%, a gross margin of 57.5%, and an operating margin between 11.8% and 12.2%. The new targets put annual sales CAGR in the low-double-digit to mid-teens range, with annual adjusted operating margin expanding 30 b.p. ... Log in to view full article.