NYSE ? USD Amer Sports, Inc. (AS) Follow Compare 18.04 -1.29 (-6.67%) At close: October 15 at 4:00 PM EDT 18.69 +0.65 (+3.60%) Pre-Market: 4:09 AM EDT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Amer Sports Up 72% in 3 Months: Is it Too Late to Buy the Stock? AS benefits from strong growth in China, the success of brands like Arc'teryx and expansion efforts in key markets. Zacks ? 18 hours ago AS -6.67% Amer Sports down as Wells Fargo downgrades stock to 'equal weight' Shares of Amer Sports (NYSE:AS) fell 3.5% in pre-open trade on Monday, following a downgrade from Wells Fargo, which revised its rating on the stock to "equal weight" from "overweight." The downgrade comes after a rally in Amer Sports' stock, which had surged over 85% since August, buoyed by macroeconomic news such as China’s stimulus efforts. Analysts stressed on the importance of maintaining a neutral stance, noting that while Amer Sports' growth, especially in China, remains robust, macroeconomic uncertainties could complicate the company’s performance. Investing.com ? yesterday AS -6.67% Amer Sports Provides Business Update Amer Sports, Inc. ("Amer Sports"), a global group of iconic sports and outdoor brands, announced today that its CEO James Zheng, along with other members of the Amer Sports management team, attended events with investors and research analysts in Shanghai, China on October 8, 2024 as part of the company's commitment to shareholder engagement. During the meeting, Mr. Zheng provided color on both the Company's long-term growth perspective for Greater China as well as an update on sales performance PR Newswire ? 6 days ago AS -6.67% Vertex And 2 Other Stocks That May Be Trading Below Estimated Fair Value On US Exchanges As the U.S. stock market stabilizes following a recent selloff, major indexes have shown slight gains, reflecting cautious optimism among investors amid ongoing geopolitical tensions and economic data releases. In this environment, identifying stocks that may be trading below their estimated fair value can present intriguing opportunities for investors seeking to capitalize on potential market inefficiencies. Simply Wall St. ? 12 days ago LYV AS -6.67% VERX Is There An Opportunity With Amer Sports, Inc.'s (NYSE:AS) 21% Undervaluation? Key Insights Using the 2 Stage Free Cash Flow to Equity, Amer Sports fair value estimate is US$19.16 Amer Sports... Simply Wall St. ? 20 days ago AS -6.67% Biden-Harris cracks down on Shein, Temu as retailers prepare for more tariffs with Trump To raise prices for consumers, or not? Yahoo Finance ? last month URBN SN AS -6.67% Value, innovation are key to retailer growth: Goldman Sachs VP The more earnings that come out from major retail chains, the clearer the picture for US consumers and the broader retail landscape becomes. Though with discount stores reporting consumer spending pullbacks — Dollar General (DG) and Dollar Tree (DLTR) — is there more turbulence ahead for the retail space? Goldman Sachs Vice President Brooke Roach sits down with Yahoo Finance senior reporter Brooke DiPalma at Goldman Sachs' Global Retailing Conference to discuss the current landscape of the consumer, retailers, and more. "One of the things that we've seen in retail the last couple of quarters is an acceleration of the bifurcating trends in retail between market share winners, such as off-price and other specific brands that have newness and innovation, that are comping quite positively," Roach says," and a tougher trend in department stores overall, where they've seen negative comp [comparable store sales] trends, they've seen a more cautious outlook on their consumer." Roach stresses why "value" and "innovation" are key themes that pull companies ahead, specifically before the holiday season when promotions will be a driver of consumer traffic. Roach elaborates on the difference between lower and middle-income earning consumers and why certain retail stores are pulling ahead of others: "It's the middle-income consumer that's seeing a little bit lower growth this year in 2024. As we move into 2025, we actually think that that could get a little bit better across the board. But I think there's a more interesting trend behind what we're seeing between some of these retailers... The companies that are performing the best right now, that are gaining market share regardless of price point or value proposition, are doing it through innovation." Roach and DiPalma reference brands such as Nordstrom (JWN), Macy's (M), Lululemon (LULU), Amer Sports (AS), SharkNinja (SN), and TJX Companies (TJX) to underline these points. Catch more of Brooke DiPalma's coverage from the 31st Annual Goldman Sachs Global Retailing Conference. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino Yahoo Finance Video ? last month SN AS -6.67% M Arc'teryx CEO talks consumer demand, global expansion plans Americans wallets have been stretched due to inflation, with major retail earnings providing a mixed picture of consumer health. Arc'teryx CEO Stuart Haselden joins Yahoo Finance senior reporter Brooke DiPalma to discuss how the athletic apparel brand is faring in this environment. The Arc'teryx brand is a subsidiary of Amer Sports (AS). Haselden notes that Arc'teryx continues to see strong demand among consumers despite the "mixed signals" in the US economy. He emphasizes that the company is still in the early stages of its growth journey, observing that Arc'teryx appeals to a more premium consumer and, so far, that consumer has been "resilient." When it comes to growth in China, Haselden says the company has been disciplined with its investments, saying the retailer has yet to find "the edge of our demand in China," with interest in the brand remaining strong. With the US election approaching, Haselden highlights that the company's supplier base is geographically diversified. This means that if either administration were to impose tariffs on foreign imports, especially from China, Arc'teryx is well-positioned. "We feel good that we can really accommodate any changes in the tariff scenario that you're describing and really manage the business in a dynamic manner," Haselden states. Regarding expansion plans, Haselden reveals that the company aims to open 30 stores globally, including 14 within North America. He describes this as "a pretty healthy run rate" for the brand. Catch more of Brooke's coverage from the 31st Annual Goldman Sachs Global Retailing Conference. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith Yahoo Finance Video ? last month AS -6.67% Jim Cramer on Amer Sports Inc. (AS): ‘I Didn’t Like The Subpar Balance Sheet’ We recently compiled a list of the 10 Stocks Jim Cramer Believes Will Soar. In this article, we are going to take a look at where Amer Sports Inc. (NYSE:AS) stands against the other stocks Jim Cramer believes will soar. On a recent episode of Mad Money, Jim Cramer reflects on Wall Street’s favorite GPU maker’s […] Insider Monkey ? last month AS -6.67% Company News for Aug 21, 2024 Companies In The News Are: LLY, BA, AS, MDT. Zacks ? last month BA LLY AS -6.67% Why Amer Sports Stock Scored Today Amer Sports shares have surged by more than 20% in the last month. Motley Fool ? last month AS -6.67% J&J, Amer Sports, Alaska-Hawaiian Airlines: Stocks in Focus Johnson & Johnson (JNJ) has finalized its acquisition of medical device manufacturer V-Wave, with the total deal valued at up to $1.7 billion, including an upfront payment of $600 million. Amer Sports (AS) is seeing its stock surge after reporting quarterly results that surpassed expectations, driven by robust demand for its high-end outdoor apparel brand, Arc'teryx. Meanwhile, Alaska Airlines (ALK) and Hawaiian Airlines (HA) are garnering attention as their merger agreement has successfully passed the US Department of Justice's (DOJ) review. The airlines are now moving forward to obtain approval from the US Department of Transportation. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith Yahoo Finance Video ? last month HA AS -6.67% ALK Amer Sports Reports Second Quarter 2024 Financial Results, Company Raises Full Year Guidance HELSINKI, August 20, 2024--Amer Sports Inc. (NYSE: AS) ("Amer Sports" or the "Company") announced its financial results for the second quarter of 2024. Business Wire ? last month AS -6.67% Amer Sports, Inc. to Report Second Quarter 2024 Financial Results on August 20, 2024 HELSINKI, August 06, 2024--Amer Sports, Inc. ("Amer Sports"), a global group of iconic sports and outdoor brands, announced today that it will report its second quarter 2024 financial results before the market opens on Tuesday, August 20, 2024. The company will webcast a call with management that day at 8:00 a.m. Eastern Time. Business Wire ? 2 months ago AS -6.67% Examining 3 US Growth Companies With Up To 20% Insider Ownership As the U.S. stock market shows modest gains with major indexes like the Dow Jones and S&P 500 inching upward, investors are keenly watching the unfolding earnings season for clues about future market directions. In such a climate, examining growth companies with high insider ownership can offer valuable insights, as these firms often demonstrate alignment between management's interests and those of shareholders, potentially enhancing stability and confidence amidst market fluctuations. Simply Wall St. ? 2 months ago AS -6.67% MNR BRDG The Next Big Winners: 3 Up-and-Coming Stocks With Strong Potential If you’re looking for robust returns and can handle the potential for near-term volatility, then the concept of targeting up-and-coming stocks could be right for you. By this category, I’m not necessarily referring to entities that just incorporated a few days ago. Rather, I’m talking about companies that launched their initial public offerings (or IPOs) within the past few years. New but not-too-new IPOs offer speculators a sweet spot. Typically, a company that’s about to make its public market InvestorPlace ? 3 months ago AS -6.67% GLBE Game, Set, Match: 3 Stocks That Could See a Wimbledon Boost The annual Wimbledon tennis tournament is now underway and runs through July 14. One of the biggest sporting events in the world and the most prestigious of tennis’ four grand slam events, Wimbledon attracts a global audience of more than 50 million people. American tennis great John McEnroe, who won three singles titles and five doubles titles at the event has said: “There’s a certain beauty and majesty to Wimbledon.” There’s also a lot of money spent. In 2023, 54 million people watched and str InvestorPlace ? 3 months ago AS -6.67% RL BCS Amer Sports, Inc. (NYSE:AS) On The Verge Of Breaking Even Amer Sports, Inc. ( NYSE:AS ) is possibly approaching a major achievement in its business, so we would like to shine... Simply Wall St. ? 3 months ago AS -6.67% Amer Sports First Quarter 2024 Earnings: Beats Expectations Amer Sports ( NYSE:AS ) First Quarter 2024 Results Key Financial Results Revenue: US$1.18b (up 13% from 1Q 2023). Net... Simply Wall St. ? 4 months ago AS -6.67% Individual investors are Amer Sports, Inc.'s (NYSE:AS) biggest owners and were hit after market cap dropped US$490m Key Insights Significant control over Amer Sports by individual investors implies that the general public has more... Simply Wall St. ? 4 months ago AS -6.67% Performance Overview Trailing total returns as of 10/15/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return AS S&P 500 YTD +34.63% +18.53% 1-Year +34.63% +18.53% 3-Year +34.63% +18.53%
