Amer Sports, a subsidiary of Anta Group, yesterday reported its Q2 2024 financial results. Revenue rose 16% YoY to $994 million, driven by growth in Asia-Pacific, DTC channels, and technical apparel. The company posted an operating loss of $9 million but an adjusted operating profit of $29 million, up 40% YoY. Net loss narrowed by 98% to $4 million, while adjusted net profit increased by 129% to $25 million. Revenue growth was led by Greater China, up 54% to $289 million, and technical apparel, including Arcteryx, up 34% to $407 million.