The sporting goods provider Amer Sports Inc. presented strong results for the second quarter of the 2025 financial year on Tuesday and raised its forecasts.
In the period from April to June, the sales of the parent company of brands such as Arc’Teryx, Salomon and Peak were $ 1.24 billion ($ 1.14 billion). This corresponded to an increase of 23 percent compared to the previous year. Adjusted to change course changes, the proceeds increased by 22 percent.
CEO James Zheng attributed the growth to the results of the premium brands. These would gain market shares worldwide, he said. The field of functional clothing recorded an increase in sales by 23 percent, the Outdoor performance division grew by 35 percent and the Ball & Ball- & Backer Sport segment by eleven percent. In view of the challenges due to higher tariffs and economic uncertainties, Zheng was confident that the group could cope with these problems.
The company’s profitability also improved significantly: the gross margin rose by 2.7 percentage points to 58.5 percent. The operating result adjusted for special effects grew by 130 percent to $ 67 million (62 million euros), which was also due to a state grant of $ 19 million. Adjusted operational margin rose by 2.6 percentage points to 5.5 percent.
The net profit of Amer Sports, which was due to the shareholders, was $ 18 million (17 million euros) after the group had to pay a loss of $ four million in the previous year. The adjusted net profit rose by 46 percent to $ 36 million.
The group is looking for a new CEO for the Wilson brand
With a view to the future, Amer Sports increased its sales, margins and profit forecasts for the year 2025. Despite the assumption that the additional US customs set of 30 percent remains on imports from China. The company now expects sales growth by 20 to 21 percent for the year as a whole. The gross margin is expected to be around 57.5 percent and the adjusted operational margin is 11.8 to 12.2 percent. For the third quarter, the group predicts sales growth of around 20 percent.
Amer Sports also announced that Joe Dudy will step down with effect from August 31, 2025 as President and CEO of the Wilson brand. However, it will be preserved as a consultant to the company until March 1, 2026. Andrew Page, the Group’s Chief Financial Officer (CFO), was appointed interim president and CEO of Wilson in addition to his current tasks. According to its own statements, the company has already started looking for a successor for Dudy.
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