Home / Business and Economy / Amer Sports Brands Surge Ahead, Eyeing $5B in Sales by 2030
Amer Sports Brands Surge Ahead, Eyeing $5B in Sales by 2030
14 Nov
Summary
- UBS analyst expects strong sales and earnings for Amer Sports
- Arc'teryx and Salomon brands see rising popularity, especially in China
- Arc'teryx aims to reach $5 billion in annual sales by 2030
According to a recent report, Amer Sports Inc., the parent company of outdoor brands Arc'teryx and Salomon, is poised for strong growth in the coming years. UBS analyst Jay Sole expects the company to deliver robust sales and earnings that will positively surprise the market, leading to stock outperformance.
Amer Sports' second-quarter results for 2025 already show a swing back to profitability, with net income of $18.2 million compared to a year-ago loss. Revenue also rose 23.5% to $1.24 billion. The company's brands are gaining significant momentum, particularly in the key China market.
Arc'teryx, known for its high-performance outdoor apparel and equipment, has become the number one outdoor brand in China since 2024. The brand's CEO, Stuart C. Haselden, has even set an ambitious target of reaching $5 billion in annual sales by 2030. Meanwhile, Salomon is described as "becoming the fastest-growing outdoor sneaker brand in China right now" by Amer Sports CEO Jie Zheng.
With these positive trends, the future looks bright for Amer Sports as it continues to capitalize on the growing demand for its popular outdoor brands both domestically and internationally.
