Shares of Amer Sports were down as much a 7.1 percent in pre-market trading after the company issued first quarter guidance that opened the door to concerns over higher costs.
Amer guided first quarter results ending March 31 to adjusted diluted earnings per share in the range of 28 cents to 30 cents on revenue growth at up 22 percent to 24 percent. For the full year ending Dec. 31, 2026, Amer Sports forecasted adjusted diluted EPS at between $1.10 to $1.15, on revenue growth of 16 percent to 18 percent. The company also said it expects revenue growth for technical apparel and outdoor performance — led by Arc’teryx and Salomon, respectively — each to be up 18 percent to 20 percent for the year.
However, Wall Street’s consensus estimates on adjusted diluted EPS were 33 cents for the first quarter and $1.17 for 2026.
The company’s chief financial officer Andrew Page noted that the company posted strong performance in the fourth quarter, despite the firm’s decision to accelerate investment behind Salomon.
“The strong sales and profitability profile of the broader Amer portfolio gives us the flexibility to accelerate resources behind the large Salomon softgoods opportunity, while still delivering great results at the Group level,” Page said in a statement. He added that with the continued momentum in the Arc’teryx franchise and accelerating Salomon footwear growth, the “company is confident in its ability to deliver another strong financial performance in 2026.”
Net income for the fourth quarter ended Dec. 31 grew more than eight-fold to $131.5 million, or 23 cents a diluted share, from $15.4 million, or 3 cents, in the year-ago period. Revenue gained 28.5 percent to $2.10 billion from $1.64 billion a year ago.
Wall Street was expecting adjusted diluted EPS of 28 cents on revenue of $1.99 billion.
Amer’s chief executive officer James Zheng said in a statement: “Fourth quarter was a great finish to a breakout year for Amer Sports led by our flagship Arc’teryx brand and rising star Salomon, which surpassed the $2 billion sales mark.”
For the year, net income was $427.4 million, or 76 cents a diluted share, from $72.6 million, or 14 cents, in 2024. Revenue rose 26.7 percent to $6.57 billion from $5.18 billion.
The company also named Carrie Ask as the next Wilson president and CEO. “Carrie is a proven brand leader and C-suite executive with very strong prior experience, including Helly Hansen, Levi’s, and Nike,” Zheng said.
