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Amer Sports reports 13% revenue growth, driven by China, APAC

Amer Sports, the parent company of Arc’teryx, reported a 13% YoY increase in first-quarter revenue to $1.18 billion, with an operating profit of $109 million and a net profit of $7 million, down from $19 million last year. The technical apparel segment, including Arc’teryx and Peak Performance, grew 44% to $510 million. The outdoor performance segment, including Salomon, grew 6% to $400 million, while the ball sports and racquet segment declined 14% to $273 million. Greater China and the Asia-Pacific regions saw the highest growth, with sales increasing by 51% and 34%, respectively. EMEA sales grew by 1%, and sales in the Americas remained flat.

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