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亚玛芬体育Amer Sports, Inc.(AS)2025年第四季度及全年财报「NYSE」(英文版)(19页).pdf

上传人: 1****1 编号:1142818 2026-02-25 19页 450.36KB

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1、 1 Constant currency revenue is calculated by translating the current period reported amounts using the actual exchange rates in use during the comparative prior period,in place of the exchange rates in use during the current period.2 Omni-comp reflects year-over-year revenue growth from owned retai

2、l stores and e-commerce sites that have been open at least 13 months.1 AMER SPORTS REPORTS FOURTH QUARTER AND FISCAL YEAR 2025 FINANCIAL RESULTS AND PROVIDES 2026 OUTLOOK Strong full year 2025 performance with 27%revenue growth and more than 150 bps of operating margin expansion Strong Q4 results wi

3、th Group revenues,adjusted margins and EPS above guidance Revenue grew 28%to$2,101 million,and strong momentum continues into 1Q26 Operating margin declined approximately 100 bps due to accelerated SG&A investment supporting key growth opportunities,particularly Salomon Softgoods All four regions ac

4、hieved solid double-digit revenue growth Technical Apparel grew 34%,with broad-based strength across regions,categories and channels Outdoor Performance grew 29%driven by continued excellent momentum in Salomon footwear and a strong performance from Winter Sports Equipment Ball&Racquet grew 14%led b

5、y Softgoods and Baseball Wilson announces Carrie Ask as new Brand President and CEO effective March 1 NEW YORK(February 24,2026)Amer Sports,Inc.(NYSE:AS)(“Amer Sports”or the“Company”)today announced its financial results for the fourth quarter and fiscal year 2025.CEO James Zheng commented,“Fourth q

6、uarter was a great finish to a breakout year for Amer Sports led by our flagship Arcteryx brand and rising star Salomon,which surpassed the$2 billion sales mark.In 2025 we delivered 27%revenue growth and more than 150 basis points of operating margin expansion,with double-digit growth across all seg

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1. **2025财年业绩**:营收增长27%至65.66亿美元,经调整运营利润增长45%至8.38亿美元,毛利率提升220个基点至57.6%。 2. **Q4表现**:营收增长28%至21.01亿美元,技术服饰部门增长34%(Omni-comp增长16%),户外运动增长29%。 3. **2026展望**:预计营收增长16-18%,毛利率约59%,经调整运营利润率13.1-13.3%,EPS 1.10-1.15美元。 4. **品牌动态**:Salomon营收超20亿美元,任命Carrie Ask为Wilson新CEO。 5. **财务健康**:净负债率0.3倍,现金储备6.52亿美元,运营现金流超7亿美元。
**营收增长秘诀?** **利润为何下滑?** **2026前景如何?**
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