NYSE:ASLuxury
Amer Sports (AS) Is Up 9.4% After China-Led Premium Growth Beats Expectations - Has The Bull Case Changed?
Amer Sports recently reported strong earnings that highlighted robust revenue and profit growth across all regions, powered by premium brands such as Arc’teryx, Salomon, and Wilson and a fast-growing direct-to-consumer footprint, particularly in Greater China and Asia-Pacific.
An interesting angle is how Amer Sports has evolved into a China-focused premium sportswear platform, with Greater China contributing nearly 30% of revenue, supported by Anta Sports’ significant ownership stake and...