Amer Sports, Inc. (AS) Tops Q2 EPS by 11c, Offers FY24 EPS Guidance
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August 21, 2024 6:45 AM EDT
BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating and $19.00 price target on Amer Sports Inc. (NYSE: AS).
The analyst comments "We maintain our Buy rating and think Arcteryx remains one of the more compelling growth stories in retail. AS reported 2Q... More
August 21, 2024 5:18 AM EDT
Wells Fargo analyst Ike Boruchow reiterated an Overweight rating and $17.00 price target on Amer Sports Inc. (NYSE: AS).
The analyst comments "Thoughts on 2Q. Fears overblown. 2Q was solid across the board, w/ rev upside driven by Tech Apparel (Arc) & Outdoor (Salomon), while... More
August 21, 2024 5:09 AM EDT
Deutsche Bank analyst Krisztina Katai reiterated a Buy rating and $17.00 price target on Amer Sports Inc. (NYSE: AS).
The analyst comments "AS handed in a beat-and-raise quarter, led by the technical apparel segment (Arc'teryx) and Greater China. Coming into this quarter,... More
August 21, 2024 5:01 AM EDT
Citi analyst Paul Lejuez reiterated a Buy rating and $19.00 price target on Amer Sports Inc. (NYSE: AS).
The analyst comments "The 2Q beat was driven by Arcteryx, underscored by broad-based strength across products, channels and regions, supporting Arcs long runway to continue opening... More
August 20, 2024 6:45 AM EDT
Amer Sports Inc. (NYSE: AS) (Amer Sports or the Company) announced its financial results for the second quarter of 2024.
CEO James Zheng commented, "I am very pleased by our financial and operational performance in the second quarter of 2024. Our unique portfolio of premium technical brands is taking share in sports and outdoor markets all around the world. Led by our flagship Arc'teryx brand, we well exceeded our own high expectations on all key financial metrics, positioning us to deliver another strong year in 2024."
SECOND QUARTER 2024 RESULTS
For the second quarter of 2024, compared to the... More
