Amer Sports Q1 2026 Earnings Report Highlights Strong Growth and Guidance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 46 minutes ago
0mins
Should l Buy AS?
Source: seekingalpha
- Earnings Highlights: Amer Sports reported Q1 Non-GAAP EPS of $0.38, beating estimates by $0.07, with revenue of $1.95 billion reflecting a 32.7% year-over-year increase, surpassing expectations by $120 million, indicating robust market performance.
- Technical Apparel Surge: The Technical Apparel segment saw a 33% revenue increase to $885 million, with a 28% rise on a constant currency basis, reflecting a 19% omni-channel growth rate, demonstrating sustained consumer demand for high-performance products.
- Outdoor Performance Growth: Outdoor Performance revenue surged 42% to $714 million, with a 33% increase on a constant currency basis, showcasing the company's strengthening competitive position in the outdoor market and enhancing its market share.
- Optimistic Future Guidance: The company anticipates FY26 reported revenue growth of 20% to 22%, exceeding the consensus of 17.93%, and expects Q2 revenue growth of 22% to 24%, indicating strong growth potential and a positive market outlook.
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Analyst Views on AS
Wall Street analysts forecast AS stock price to rise
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 32.840
Low
39.80
Averages
47.06
High
58.00
Current: 32.840
Low
39.80
Averages
47.06
High
58.00
About AS
Amer Sports Inc is a Finland-based global group of sports and outdoor brands such as Arcteryx, Salomon, Wilson, Peak Performance, Atomic, Armada, ATEC, DeMarini, EvoShield and ENVE. The Company develops, manufactures, and markets sports and fitness equipment. Its products include sports equipment for tennis, badminton, soccer, baseball, basketball, golf, American football, alpine skiing, fitness training, cycling, running, hiking, snowboarding, cross-country skiing and diving. It also offers fitness equipment through factory outlets, and e-commerce companies through trade customers in sporting goods chains, mass merchants, specialty retailers, fitness clubs, and distributors. The Company operates worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Amer Sports Reports Strong Q1 2026 Results with Revenue Growth and Margin Expansion
- Significant Revenue Growth: Amer Sports reported Q1 2026 revenue of $1.945 billion, reflecting a 32% year-over-year increase and a 26% increase on a constant currency basis, indicating strong market demand and business expansion across all regions.
- Strong Segment Performance: The Technical Apparel segment saw a 33% revenue increase to $885 million, while Outdoor Performance grew by 42% to $714 million, showcasing the company's success in diversifying its product lines and channels, further solidifying its market position.
- Margin Expansion: Adjusted operating profit for Q1 increased by 46% to $339 million, with an adjusted operating margin rising to 17.4%, demonstrating significant progress in cost control and operational efficiency, enhancing future profitability.
- Optimistic Future Outlook: The CFO noted that due to strong sales and profit growth, Amer Sports has raised its 2026 sales and profit guidance, expecting revenue growth of 20% to 22% for the year, reflecting confidence in future market conditions.
See More
Amer Sports Q1 2026 Earnings Report Highlights Strong Growth and Guidance
- Earnings Highlights: Amer Sports reported Q1 Non-GAAP EPS of $0.38, beating estimates by $0.07, with revenue of $1.95 billion reflecting a 32.7% year-over-year increase, surpassing expectations by $120 million, indicating robust market performance.
- Technical Apparel Surge: The Technical Apparel segment saw a 33% revenue increase to $885 million, with a 28% rise on a constant currency basis, reflecting a 19% omni-channel growth rate, demonstrating sustained consumer demand for high-performance products.
- Outdoor Performance Growth: Outdoor Performance revenue surged 42% to $714 million, with a 33% increase on a constant currency basis, showcasing the company's strengthening competitive position in the outdoor market and enhancing its market share.
- Optimistic Future Guidance: The company anticipates FY26 reported revenue growth of 20% to 22%, exceeding the consensus of 17.93%, and expects Q2 revenue growth of 22% to 24%, indicating strong growth potential and a positive market outlook.
See More
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- Stock Fluctuations: NextEra's stock has fallen 10% since May 1, while Dominion Energy surged 9.4% following the deal announcement, reaching a new high, reflecting differing market perceptions of the future prospects for both companies.
- Sector Performance: The utilities sector has declined 8% from its February peak and is down 6.5% in May, highlighting the pressures faced by the industry compared to the overall market, with the Nasdaq 100 rising 5.6% during the same period.
- Market Dynamics: Despite market volatility, Alphabet's stock has soared nearly 140% over the past year and gained 16% in the last month, demonstrating the strong performance of tech stocks in the current economic environment.
See More
Market Volatility and AI Stock Performance
- AI Stock Volatility: At the start of the week, the S&P 500 index fell, with AI-related stocks under pressure, indicating ongoing rotations in AI trades and reflecting investor uncertainty about future growth prospects.
- Oil Price Fluctuations: On Monday morning, oil prices initially dropped before rebounding due to uncertainty surrounding a deal between the U.S. and Iran regarding the Strait of Hormuz, which could impact the profitability of energy-related companies.
- CrowdStrike and Palo Alto New Highs: Despite overall market weakness, CrowdStrike and Palo Alto Networks reached all-time highs, with approximately 30% gains, demonstrating the potential for AI to accelerate their businesses, prompting us to raise price targets to $650 and $255, respectively.
- Home Depot Earnings Expectations: Home Depot's quarterly results are anticipated to be negatively impacted by high mortgage rates delaying the home improvement recovery, which may adversely affect its stock price, warranting investor attention.
See More
Amer Sports Q1 Earnings Announcement Scheduled
- Earnings Release Date: Amer Sports is set to announce its Q1 earnings on May 19 before market open, with a consensus EPS estimate of $0.31, reflecting a 14.8% year-over-year increase, which could boost investor confidence and potentially drive stock price appreciation.
- Revenue Growth Expectations: The anticipated revenue for Q1 is $1.83 billion, representing a 24.5% year-over-year growth, indicating the company's competitive strength and sustained product demand, which may attract more investor interest.
- Historical Performance: Over the past two years, Amer Sports has exceeded EPS estimates 88% of the time and revenue estimates 100% of the time, showcasing the company's financial stability and reliability, thereby enhancing market confidence in its future performance.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen one upward revision and eleven downward revisions, while revenue estimates have experienced eleven upward revisions with no downward adjustments, suggesting a disparity in market perceptions regarding the company's future growth, warranting close investor attention.
See More
Amer Sports to Release Q1 Earnings on May 19
- Earnings Release Date: Amer Sports is set to release its Q1 earnings on May 19, with analysts anticipating an increase in earnings per share to 31 cents, up from 27 cents last year, indicating an improvement in the company's profitability.
- Analyst Expectations: Analysts are generally optimistic about Amer Sports' performance, believing that the expected increase in earnings per share will bolster investor confidence and potentially drive the company's stock price in the future.
- Stock Price Movement: Despite the positive outlook for the earnings report, Amer Sports' shares fell by 1.5% on Friday, reflecting some uncertainty in the market regarding the upcoming earnings release, which may affect short-term investor sentiment.
- Market Reaction Analysis: The decline in stock price may be attributed to cautious investor sentiment ahead of the earnings report; while earnings expectations are favorable, the market remains focused on the company's future performance and its long-term impact on stock price.
See More
Amer Sports Reports Strong Q1 2026 Results with Revenue Growth and Margin Expansion
- Significant Revenue Growth: Amer Sports reported Q1 2026 revenue of $1.945 billion, reflecting a 32% year-over-year increase and a 26% increase on a constant currency basis, indicating strong market demand and business expansion across all regions.
- Strong Segment Performance: The Technical Apparel segment saw a 33% revenue increase to $885 million, while Outdoor Performance grew by 42% to $714 million, showcasing the company's success in diversifying its product lines and channels, further solidifying its market position.
- Margin Expansion: Adjusted operating profit for Q1 increased by 46% to $339 million, with an adjusted operating margin rising to 17.4%, demonstrating significant progress in cost control and operational efficiency, enhancing future profitability.
- Optimistic Future Outlook: The CFO noted that due to strong sales and profit growth, Amer Sports has raised its 2026 sales and profit guidance, expecting revenue growth of 20% to 22% for the year, reflecting confidence in future market conditions.
See More
Amer Sports Q1 2026 Earnings Report Highlights Strong Growth and Guidance
- Earnings Highlights: Amer Sports reported Q1 Non-GAAP EPS of $0.38, beating estimates by $0.07, with revenue of $1.95 billion reflecting a 32.7% year-over-year increase, surpassing expectations by $120 million, indicating robust market performance.
- Technical Apparel Surge: The Technical Apparel segment saw a 33% revenue increase to $885 million, with a 28% rise on a constant currency basis, reflecting a 19% omni-channel growth rate, demonstrating sustained consumer demand for high-performance products.
- Outdoor Performance Growth: Outdoor Performance revenue surged 42% to $714 million, with a 33% increase on a constant currency basis, showcasing the company's strengthening competitive position in the outdoor market and enhancing its market share.
- Optimistic Future Guidance: The company anticipates FY26 reported revenue growth of 20% to 22%, exceeding the consensus of 17.93%, and expects Q2 revenue growth of 22% to 24%, indicating strong growth potential and a positive market outlook.
See More
NextEra to Acquire Dominion for $67 Billion
- Acquisition Deal: NextEra plans to acquire Dominion in an all-stock deal valued at nearly $67 billion, although NextEra's shares dropped 4.6% on Monday, indicating market caution regarding the transaction.
- Stock Fluctuations: NextEra's stock has fallen 10% since May 1, while Dominion Energy surged 9.4% following the deal announcement, reaching a new high, reflecting differing market perceptions of the future prospects for both companies.
- Sector Performance: The utilities sector has declined 8% from its February peak and is down 6.5% in May, highlighting the pressures faced by the industry compared to the overall market, with the Nasdaq 100 rising 5.6% during the same period.
- Market Dynamics: Despite market volatility, Alphabet's stock has soared nearly 140% over the past year and gained 16% in the last month, demonstrating the strong performance of tech stocks in the current economic environment.
See More
Market Volatility and AI Stock Performance
- AI Stock Volatility: At the start of the week, the S&P 500 index fell, with AI-related stocks under pressure, indicating ongoing rotations in AI trades and reflecting investor uncertainty about future growth prospects.
- Oil Price Fluctuations: On Monday morning, oil prices initially dropped before rebounding due to uncertainty surrounding a deal between the U.S. and Iran regarding the Strait of Hormuz, which could impact the profitability of energy-related companies.
- CrowdStrike and Palo Alto New Highs: Despite overall market weakness, CrowdStrike and Palo Alto Networks reached all-time highs, with approximately 30% gains, demonstrating the potential for AI to accelerate their businesses, prompting us to raise price targets to $650 and $255, respectively.
- Home Depot Earnings Expectations: Home Depot's quarterly results are anticipated to be negatively impacted by high mortgage rates delaying the home improvement recovery, which may adversely affect its stock price, warranting investor attention.
See More
Amer Sports Q1 Earnings Announcement Scheduled
- Earnings Release Date: Amer Sports is set to announce its Q1 earnings on May 19 before market open, with a consensus EPS estimate of $0.31, reflecting a 14.8% year-over-year increase, which could boost investor confidence and potentially drive stock price appreciation.
- Revenue Growth Expectations: The anticipated revenue for Q1 is $1.83 billion, representing a 24.5% year-over-year growth, indicating the company's competitive strength and sustained product demand, which may attract more investor interest.
- Historical Performance: Over the past two years, Amer Sports has exceeded EPS estimates 88% of the time and revenue estimates 100% of the time, showcasing the company's financial stability and reliability, thereby enhancing market confidence in its future performance.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen one upward revision and eleven downward revisions, while revenue estimates have experienced eleven upward revisions with no downward adjustments, suggesting a disparity in market perceptions regarding the company's future growth, warranting close investor attention.
See More
Amer Sports to Release Q1 Earnings on May 19
- Earnings Release Date: Amer Sports is set to release its Q1 earnings on May 19, with analysts anticipating an increase in earnings per share to 31 cents, up from 27 cents last year, indicating an improvement in the company's profitability.
- Analyst Expectations: Analysts are generally optimistic about Amer Sports' performance, believing that the expected increase in earnings per share will bolster investor confidence and potentially drive the company's stock price in the future.
- Stock Price Movement: Despite the positive outlook for the earnings report, Amer Sports' shares fell by 1.5% on Friday, reflecting some uncertainty in the market regarding the upcoming earnings release, which may affect short-term investor sentiment.
- Market Reaction Analysis: The decline in stock price may be attributed to cautious investor sentiment ahead of the earnings report; while earnings expectations are favorable, the market remains focused on the company's future performance and its long-term impact on stock price.
See More
