NYSE:ASLuxury
Amer Sports (NYSE:AS) Valuation in Focus After Strong Q2 Results and Upgraded Full-Year Guidance
If you are eyeing Amer Sports (NYSE:AS) right now, you are not alone. The company just posted strong second-quarter results, turning last year’s net loss into a solid profit and notching impressive sales growth. Management responded by raising revenue and earnings guidance for the year, sending a clear signal that they believe in the ongoing momentum. This has investors buzzing about what comes next.
Amer Sports’ stock has jumped by 44% year-to-date and nearly doubled over the past year, a...