Amer Sports Sees Slowdown After Arc'teryx-Fueled 2024 Surge

Amer Sports forecasts slower sales growth for 2025 following a strong 2024, influenced by its premium brand Arc'teryx. Currency exchange rates are expected to impact future earnings. Despite its shares rising significantly since its New York listing, Amer Sports experienced a slight drop in pre-market trading.

Amer Sports, the sportswear group behind premium brand Arc'teryx, anticipates reduced sales growth in 2025 following a prosperous 2024, the company announced Tuesday amid its fourth-quarter earnings report.

The company's revenue forecast of 13-15% for 2025 fell short of analysts' expectations and marks a decline from the 18% growth experienced in 2024. Amer Sports' shares dropped 3% in pre-market trading after a 120% rise since its New York listing last year.

A significant contributor to this growth was Arc'teryx, known for its high-end jackets, which propelled fourth-quarter earnings up by 23% to $1.64 billion. The sportswear company also saw remarkable growth in Asian markets, with sales in Greater China surging 53.9%.