Amer Sports Inc. (NYSE: AS), a leading global manufacturer of premium outdoor and sports brands, saw its stock soar 5.32% on Wednesday, driven by strong demand for its flagship brands, Arc'teryx and Salomon. The company reported impressive financial results for the fourth quarter and full year 2024, showcasing its robust growth trajectory.

In the fourth quarter, Amer Sports delivered a stellar performance, with sales and adjusted operating margins surpassing expectations. The company generated a 23% increase in sales, propelled by accelerating momentum across all three of its major brands: Arc'teryx, Salomon, and Wilson. This growth was underpinned by the company's unique portfolio of premium outdoor and sports brands, fueled by technical innovation and positioned at the pinnacle of their respective segments.

Arc'teryx, the company's fastest-growing and largest brand, achieved remarkable success, surpassing $2 billion in sales in 2024. The brand's momentum was particularly strong across all regions, channels, and categories, with footwear and women's segments growing faster than the brand overall. Arc'teryx's differentiated retail stores continue to be at the heart of its growth strategy, and the company opened eight new retail stores in the fourth quarter, bringing the total net new store openings in 2024 to 33.

Salomon, the company's outdoor performance segment, also delivered impressive results, driven by strong performance in footwear, apparel, bags, and socks. The brand's direct-to-consumer channel witnessed robust double-digit growth, fueled by new store openings and e-commerce development across all regions. Salomon's footwear offerings, particularly its Sportstyle range, continue to lead the brand's growth trajectory.

In the ball & racquet segment, Amer Sports witnessed a 22% increase in revenue, propelled by strong growth in racquet sports and softgoods. The company's Tennis 360 offering resonated strongly with consumers, driving growth in performance racquets, apparel, and footwear.