Amer Sports Projects Lower Sales Growth for 2025 Despite Strong Q4 Results
After a robust 2024, Amer Sports (AS.N), the parent company of sporting goods brands such as Salomon, Arc'teryx, and Wilson, has forecasted slower sales growth for 2025.
Exchange Rates and Revenue Outlook
According to the company's fourth-quarter results announcement, Amer Sports anticipates a slight impact on 2025 revenues due to exchange rate fluctuations. Its revised revenue growth target of 13-15% falls short of analysts' expectations and the 18% growth achieved in 2024.
Arc'teryx Drives Q4 Growth
Amer Sports CEO James Zheng attributed the strong fourth-quarter performance to the growth of Arc'teryx, a premium brand that sells jackets priced from $350 onwards. The brand contributed to a 23% increase in quarterly sales, reaching $1.64 billion. The company's total annual revenue for 2024 amounted to $5.18 billion.
Regional Growth Trends
Amer Sports experienced particularly strong growth in Asia during the quarter, with quarterly sales surging by 53.9% in Greater China and 52.4% in Asia Pacific. The Americas, the company's largest region by revenue, recorded a 15.1% increase in quarterly sales.
