Amer Sports

AS

Market cap $20.6B

Key apparel companies, including well-known names and emerging ones generating growth near the top of the industry, just reported financial results. The good news is that all posted beats on sales and adjusted earnings per share (EPS).

Amer Sports delivered robust Q1 2026 results, with 32% y/y revenue growth and broad-based regional and channel strength. Arc'teryx remains a core growth anchor, demonstrating healthy expansion across categories and geographies, while Salomon emerges as a second major growth driver. Adjusted EBITDA grew over 30% y/y to ~$432 million, with margin expansion and strong DTC and wholesale performance supporting premium valuation.

Amer Sports, Inc. started 2026 on a strong note. Earnings grew across markets, sales channels, and product segments. AS already raised its 2026 guidance. A longer-term concern persists; Arc'teryx generates luxury-like margins and high growth, but the brand's hot streak may not last forever. AS raised equity to pay off debt. I believe that the choice highlights a concern regarding the stock's valuation.

Amer Sports, Inc. (AS) Q1 2026 Earnings Call Transcript

Amer Sports Inc (NYSE:AS) shares added almost 5% on Tuesday after the company reported first quarter 2026 results that beat analyst expectations on both revenue and earnings and raised its full-year outlook. The company posted revenue of $1.95 billion for the quarter, up 32% year-over-year and ahead of the $1.83 billion consensus estimate.

Amer Sports Inc (NYSE:AS) reported better-than-expected first-quarter financial results and raised its FY26 guidance above estimates.

Amer Sports NYSE: AS reported broad-based first-quarter growth and raised its 2026 outlook, citing continued momentum at Arc'teryx, accelerating demand for Salomon softgoods and ongoing strength in Wilson Tennis 360.

While the top- and bottom-line numbers for Amer Sports, Inc. (AS) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Amer Sports, Inc. (AS) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.27 per share a year ago.

NEW YORK--(BUSINESS WIRE)--Amer Sports, Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the first quarter of 2026. CEO James Zheng commented "Our excellent momentum continued in the first quarter of 2026, as our unique portfolio of technical sports and outdoor brands are creating white space and taking share globally. All segments, geographies, and channels performed extremely well in Q1, led by exceptional Salomon Softgoods growth, a strong Arc'teryx.