Arc’teryx Pushes Amer Sports to Solid Sales Gains in First Quarter as a Public Company, But Loss Is Wider Than Expected

March 5, 2024

Amer Sports, Inc. reported strong sales on Tuesday morning, largely driven by its flagship Arc’teryx brand and strong sales in Greater China.

The newly public Finnish company, which owns the Salomon, Arc’Teryx, Wilson, Peak Performance and Atomic brands, reported a 10 percent revenue increase in Q4 to $1.32 billion. Net loss narrowed to $94 million from $148 million the prior year. Diluted loss per share was 25 cents, compared to 39 cents the prior year. FN