On August 18, Amer Sports, Inc. rose 6.39% in pre-market trading, trading at $33.35/share, with turnover of $61,200. The rally was driven by the company's Q2 fiscal report released before market open, which exceeded market expectations across core metrics.
The company simultaneously raised its full-year guidance, now expecting adjusted earnings per share of $1.18 to $1.23, with full-year revenue growth projected at 20% to 22%. Multiple institutions maintained buy ratings, with UBS raising its price target to $62 and Deutsche Bank to $50. At the brand level, Salomon maintained high growth momentum, recently opening flagship stores at Wangfujing and China World Mall in Beijing, reflecting strong expansion in the Chinese market.
For context, the company reported Q1 revenue of $1.95 billion earlier this year, representing 32% year-over-year growth, with adjusted EPS of $0.38 significantly beating the $0.30 consensus estimate. Full-year 2025 revenue grew 27% to $6.57 billion, demonstrating sustained multi-brand momentum across segments.
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