Reported about 10 hours ago
Amer Sports, the parent company of Salomon and Arc'teryx, forecasts lower sales growth for 2025 following a robust 2024. The company's revenue growth projection has been revised to 13-15%, down from 18% last year, primarily impacted by exchange rates. While fourth-quarter sales rose 23% to $1.64 billion, driven by strong performance in Asia and demand for outdoor apparel, pre-market shares dropped 3% amid concerns over the slowing growth outlook.
Source: YAHOO