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Amer Sports Updates Long-Term Financial Algorithm, Q3 Guidance

Amer Sports Updates Long-Term Financial Algorithm, Q3 Guidance

MT newswireMT newswire2026/09/16 20:58
04:58 PM EDT, 09/16/2026 (MT Newswires) -- Amer Sports (AS) said late Wednesday it is updating its long-term financial algorithm and financial guidance for Q3. The long-term financial algorithm assumes the previously issued guidance for the year ending Dec. 31, 2026 as the base year and a duration of 5+ years, the company said. The company expects a low-double digit to mid-teens annual revenue compound annual growth rate, annual adjusted operating margin expansion of 30 to 70+ basis points, and an effective tax rate of approaching 25%. Amer Sports said it now expects Q3 revenue growth of 20% to 22%, up from the prior guidance of 18% to 20% and adjusted operating margin to be slightly above the high-end of the earlier range of 13.5% to 14%.
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智通财经2026/09/17 02:21
The yen broke below the 156 mark overnight as the Federal Reserve’s hawkish rate hikes pushed the Bank of Japan to a “high-pressure moment.”