Amer Sports Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides 2024 Outlook and Long-Term Financial Algorithm
Amer Sports, Inc. (AS)
Company Research
Source: Business Wire
Full-year 2023 revenues, net income, and adjusted EBITDA at the high-end of or above preliminary flash results range reported in January2023 revenues increased 23% vs. 2022 to $4.37 billion, and 4Q 2023 revenues rose 10% vs. 4Q 2022Continued strong momentum of unique brand portfolio, led by Arc’teryxHealthy gross margin and EBITDA margin expansion in 2023Completed IPO on NYSE and $1.8 billion debt refinancing in February 2024 HELSINKI--(BUSINESS WIRE)--Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the fourth quarter and fiscal year 2023.CEO James Zheng commented, “2023 was another strong year of sales growth and margin expansion for Amer Sports, but we are still in the early stages of our profitable growth journey following our transformation to a brand-direct business model. Led by our flagship brand Arc’teryx, our unique portfolio of premium sports and outdoor brands entered 2024 well positioned to deliver another strong ye
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AS
News
- Amer Sports, Inc. to Report First Quarter 2024 Financial Results on May 21, 2024 [Yahoo! Finance]Yahoo! Finance
- Amer Sports, Inc. to Report First Quarter 2024 Financial Results on May 21, 2024Business Wire
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AS
Earnings
- 3/5/24 - Miss
AS
Sec Filings
- 4/12/24 - Form 6-K
- 4/11/24 - Form 6-K
- 3/18/24 - Form 20-F
- AS's page on the SEC website