Amer Sports Inc

AS: XNYS (USA)
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Amer Earnings: Strong Beat and Raised Guidance, but Valuation Remains Stretched

Amer Sports delivered first-quarter earnings ahead of guidance, with revenue growing 26% in constant currency and adjusted operating profit up 79% year over year. Management also raised full-year revenue and earnings guidance. Following the release, shares jumped 19% during the US trading session.

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