Amer Sports Lifts Q3 Revenue Target

Dow Jones
4 hours ago

Amer Sports, parent company of sports & outdoor brands Arc'teryx, Salomon and Wilson, raised its third-quarter revenue growth forecast to 20-22%, up from 18-20%. The company also expects adjusted operating margin to land slightly above the high end of its prior 13.5-14% guidance range. CEO James Zheng cited continued strength across all three segments in what he called a challenging marketplace.

 

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