Amer Sports raises quarterly sales outlook and sets longer-term growth targets

Amer Sports ($AS) raised its third-quarter revenue-growth forecast to 20–22% from 18–20%. It now expects the adjusted operating margin to be slightly above 14%, the top end of its prior range. The update strengthens the near-term outlook for the group behind brands including Arc’teryx, Salomon and Wilson.

Management also outlined a longer-term financial framework beginning from a 2026 base, targeting annual revenue growth from low-double digits to the mid-teens over at least five years. It expects annual adjusted operating-margin expansion of roughly 30–70 basis points or more. These are management targets rather than completed results. The announcement is therefore both a specific improvement to the current-quarter forecast and a longer-horizon ambition, with different time frames that should not be blended into one growth estimate.

Sources:

• Amer Sports — quarterly update and long-term framework, company release reprint