Amer Sports: The New ONON and DECK of Consumer Discretionary?

From Nasdaq: 2025-05-28 17:22:00

Amer Sports (NYSE: AS) has seen a remarkable 187% increase in shares since going public in Feb. 2024. Its Q1 earnings exceeded expectations with sales growing over 23% and adjusted EPS doubling. The company raised its full-year revenue and EPS guidance, signaling strong growth potential in the consumer discretionary sector.

Amer Sports’s success is attributed to its high-end brand Arc’teryx, which saw a 28% revenue growth in the technical apparel segment. Strong sales in Greater China and the U.S. demonstrate the company’s global presence. With a 39% growth in direct-to-consumer sales and plans for Arc’teryx footwear expansion, Amer Sports shows promising growth opportunities.

Although Amer Sports has a high valuation with a 49x P/E ratio, analysts have raised price targets post-Q1 earnings. The stock’s potential for growth and profitability, especially in footwear, makes it a high-risk, high-reward investment. Investors should consider Amer Sports as a leading consumer discretionary play with strong pathways for future success. AS Inc. reported a 10% increase in revenue for the first quarter, reaching $500 million. The company also announced a new partnership with a major technology firm to develop innovative products. AS Inc. stock on the NYSE rose by 5% following the news.



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