Amer Sports Aims Higher After Firm Beats Q2 Forecast, Raises Outlook

Shares of Amer Sports Inc. surged in early trading on Tuesday following an impressive second-quarter earnings report that surpassed expectations. The company announced a 32.1 percent increase in revenue to $1.63 billion and a 339 percent rise in operating profit to $192 million, reflecting robust growth across all segments, geographies, and channels.

CEO James Zheng attributed the success to strong performance from Salomon Softgoods, Arc teryx, and Wilson Tennis 360. Net income for the quarter was $107.2 million, or 18 cents per diluted share, exceeding Wall Street's forecast of 39 cents on $2.07 billion in revenue. The company raised its full-year guidance for 2026, projecting revenue growth of 24 percent and diluted earnings per share between $1.27 and $1.30.

CFO Andrew Page credited the company's investments in key growth engines, including Arc teryx, Salomon Softgoods, and Wilson Tennis 360, for its current momentum, and emphasized a focus on health, wellness, and core athletic needs in product development.