Salomon Owner Amer Sports Files for IPO

January 4, 2024

The Finnish company, which owns the Salomon, Arc’Teryx, Wilson, Peak Performance and Atomic brands, has applied to list on the New York Stock Exchange with the ticker “AS”. The details of the potential offering, including number of shares and price range per share, have not yet been shared.

According to a preliminary prospectus filed with the SEC, Amer’s revenue for the nine months ended Sept. 30 was $3.1 billion, up 29.9 percent compared to the same period in 2022. Gross margin increased from 49.4 percent to 52.2 percent. The company also shared preliminary results for 2023 which included revenue of $3.55 billion and a net loss of $252.7 million. FN