$AS 2Q25 Immediate Call Postmortem The sizable beat and raise after already being so bullish (and raising) last quarter tells me that they likely are just as surprised with how strong underlying trends are right now. Clearly Salomon is coming into its own right now and that’s
$AS | Amer Sports Q2’25 Earnings Highlights 🔹 Revenue: $1.24B (Est. $1.22B) 😐; UP +23% YoY 🔹 EPS (Adj.): $0.06 (Est. $0.03) 🟢 🔸 Wilson CEO Joe Dudy stepping down; CFO Andrew Page named interim CEO of Wilson.
$AS (-3.7% pre) Amer Sports Non-GAAP EPS of $0.06 beats by $0.03, revenue of $1.24B beats by $60M https://t.co/WMhyW3mvrf
Amer Sports reported second-quarter revenue of $1.24 billion, a 23 percent increase from a year earlier and ahead of analysts’ $1.22 billion estimate. Adjusted earnings per share rose to $0.06, double Wall Street expectations, as gross margin expanded to 58.5 percent. Buoyed by demand for Salomon footwear and Arc’teryx technical apparel, the company lifted its full-year outlook for the second time this year. Management now projects 2025 revenue growth of 20 to 21 percent and adjusted EPS of $0.77 to $0.82, up from earlier targets of 15 to 17 percent growth and $0.67 to $0.72 a share. The forecast assumes existing U.S. tariffs remain in place. Separately, long-time Wilson chief Joe Dudy will step down on 31 August. Chief Financial Officer Andrew Page will serve as interim president and CEO of Wilson while retaining his finance role, as the company launches a search for a permanent successor. Amer Sports shares fell about 3 percent in pre-market trading but later turned positive as investors digested the stronger guidance.