Why Amer Sports (AS) Is Up 9.0% After Raising Full-Year Earnings Guidance and Reporting Strong Q3

• Amer Sports, Inc. recently announced third-quarter results, reporting sales of US$1,756.3 million and net income of US$143.1 million, as well as a US$6.7 million impairment charge related to goodwill and intangible assets.
• The company also raised its full-year 2025 earnings guidance, signaling expectations for robust revenue growth of 23%–24% and higher profitability despite impairment costs.
• We'll explore how Amer Sports' increased earnings guidance, alongside the positive earnings report, impacts the company's investment narrative.

Find companies with promising cash flow potential yet trading below their fair value.

Amer Sports Investment Narrative Recap

To be a shareholder in Amer Sports, you need to believe that its premium outdoor brands can continue to capitalize on growing global demand, especially through rapid expansion in Asia-Pacific markets and direct-to-consumer channels. The company's recent earnings report, paired with an impairment charge, does not materially alter the near-term focus: sustained sales momentum remains the main catalyst, while regional dependence, primarily on China, remains the leading risk if market access or consumer trends falter. Among the latest announcements, Amer Sports’ raised earnings and revenue guidance for 2025 stands out as directly relevant. The new outlook for 23%–24% reported revenue growth and higher earnings per share builds on recent quarterly performance, reinforcing investor attention on the success and scalability of its DTC initiatives and international expansion efforts. Yet for investors, it’s also crucial to remember that despite upbeat guidance, reliance on Asia-Pacific leaves the business exposed if...

Read the full narrative on Amer Sports (it's free!)

Amer Sports' narrative projects $8.9 billion in revenue and $874.0 million in earnings by 2028. This requires 16.1% yearly revenue growth and a $650 million earnings increase from $224.0 million currently.

Uncover how Amer Sports' forecasts yield a $45.85 fair value, a 23% upside to its current price.

Exploring Other Perspectives

Six fair value estimates from the Simply Wall St Community span a wide range, from US$14.38 to US$46.32 per share. With so many viewpoints, consider how ongoing growth in Asia-Pacific, while promising, remains closely linked to potential shifts in demand or regulation.

Explore 6 other fair value estimates on Amer Sports - why the stock might be worth as much as 25% more than the current price!

Build Your Own Amer Sports Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Amer Sports research is our analysis highlighting 3 key rewards that could impact your investment decision.
• Our free Amer Sports research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Amer Sports' overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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