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Arc'teryx Drives Amer Sports to Record Sales in 2024

Amer Sports reports $5.2 billion in revenue, fueled by Arc'teryx's $2 billion sales and strong growth across all segments.

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Amer Sports, (AS.N) parent company of sporting goods brands, banner hangs on the front of the New York Stock Exchange (NYSE) during the company's IPO in New York City, U.S., February 1, 2024.  REUTERS/Brendan McDermid/File Photo
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Overview

  • Amer Sports achieved an 18% revenue increase in 2024, reaching $5.2 billion, with Arc'teryx contributing over $2 billion in sales.
  • The company returned to profitability with a net income of $73 million, reversing a prior-year loss of $208.6 million.
  • Arc'teryx saw rapid growth in footwear and womenswear, with womenswear now accounting for nearly 40% of its sales.
  • Salomon surpassed $1 billion in sales, driven by sneakers and apparel, while Wilson led a 22% rise in ball and racquet sports revenue.
  • Amer Sports plans to expand retail presence globally, with 25-30 new Arc'teryx stores in 2025 and significant growth in Greater China.