1.29%Arc’teryx & Salomon owner, Amer Sports, has raised its full year guidance after reporting a revenue increase of 23.5% for Q1 2025.
Founded in Finland in 1950, Amer Sports is a sporting equipment company that owns Arc’teryx, Salomon, Peak Performance & Wilson to name a few with a global mission to “elevate the world through sport”. After topping $1 billion in sales in Salomon alone for 2024, Amer Sports continues its upwards momentum, despite the potential impact of Trump’s tariffs & economic uncertainty. For Q1 2025, up to March 31st, revenue was up by 23.5% to $1.47 billion compared to $1.19 billion from the same period last year. Net income totalled $134.6 million ($0.24 per share) compared to $5.1 million ($0.01) from the previous year. The technical apparel arm of the sporting equipment company grew by 28% to $633 million & their outdoor performance category also grew by 25% to $502 million. For the latest quarter, operating profit also grew by 97% to $214 million compared to the same period last year.
Amer Sports is now positioned well moving into the next quarter as they look to navigate rising tariffs for products bound to the USA from China, one of its main manufacturing hubs. If the company continues its winning streak of strong sales the company could deliver earnings results above current expectations. As a result Amer Sports has raised their guidance for 2025. They now expect revenue to grow between 15%-17% with diluted EPS (earnings per share) between $0.67 & $0.72. Amer Sports also expects their technical apparel arm to grow between 20%-22% & outdoor performance to grow between 15%-17% for the full fiscal year. Also don’t forget to subscribe to KULT & follow @kult_recruit to keep up to date with all the latest industry news.
We began 2025 with a great performance in the first quarter, and that momentum has continued into the second quarter. Led by Arc’teryx and Salomon footwear, our unique portfolio of premium technical brands continues to create white space and take market share in sports and outdoor markets around the world. Given macro uncertainty related to U.S. import tariff rates, we are operating our business with discipline and flexibility. We are confident in our position to manage through a variety of tariff outcomes given our premium brands with pricing power, strong secular growth trends, and relatively low U.S. revenue exposure.
James Zheng – CEO Amer Sports
