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Amer Sports Updates Long-Term Financial Algorithm and Third Quarter 2026 Guidance

Business Wire

NEW YORK, September 16, 2026--Amer Sports, Inc. (NYSE:AS) ("Amer Sports" or the "Company") will host an Investor Day tomorrow beginning 3:00 am Eastern Time, which will be webcast live from Annecy, France (details below). In conjunction with this meeting, the Company is updating its long-term financial algorithm and financial guidance for the third quarter of 2026.

CEO James Zheng commented "Our unique portfolio of premium sports & outdoor brands continues to deliver great financial results in a challenging marketplace, led by continued strong growth across all three segments. We are excited to showcase the Salomon brand to the market during our investor day tomorrow."

CFO Andrew Page added "In addition to another strong third quarter, we also expect great things from our company long-term. Given our confidence in our three key growth engines: Arc'teryx, Salomon Softgoods, and Wilson Tennis 360, we are pleased to reiterate the 5-year financial algorithm for Amer Sports Group, despite our significantly higher revenue and margin base versus a year ago."

UPDATED LONG-TERM FINANCIAL ALGORITHM

Long-term financial algorithm assumes the previously issued guidance for the year ending December 31, 2026 as the base year and a duration of 5+ years. Except for revenue, all metrics reference non-IFRS measures.

Amer Sports Group

  • Annual revenue CAGR: low-double digits to mid-teens

  • Annual adjusted operating margin expansion: 30 – 70+ basis points

  • Effective tax rate: approaching 25%

Technical Apparel Segment

  • Annual revenue CAGR: mid-teens

  • Annual adjusted operating margin expansion: 20 – 60+ basis points

Outdoor Performance Segment

  • Annual revenue CAGR: mid-teens

  • Annual adjusted operating margin expansion: 20 – 60+ basis points

Ball & Racquet Segment

  • Annual revenue CAGR: mid-to-high single digits

  • Annual adjusted operating margin expansion: 20 – 60+ basis points

UPDATED OUTLOOK FOR THIRD QUARTER 2026

Amer Sports now expects third quarter 2026 year-over-year revenue growth of 20 – 22% versus the previous guidance range of 18 – 20% and adjusted operating margin to be slightly above the high-end of the previous guidance range of 13.5 – 14%.

Other than with respect to revenue, Amer Sports only provides guidance on a non-IFRS basis. The Company does not provide a reconciliation of forward-looking non-IFRS measures to the most directly comparable IFRS Accounting Standards measures due to the difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliations without unreasonable efforts. The Company is unable to address the probable significance of the unavailable reconciling items, which could have a potentially significant impact on its future IFRS financial results. The above outlook reflects the Company's current and preliminary estimates of market and operating conditions and customer demand, which are all subject to change. Actual results may differ materially from these forward-looking statements, including as a result of, among other things, the factors described under "Forward-Looking Statements" below and in our filings with the SEC.

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