Amer Sports Inc. is showing no signs of slowing down .
The parent of Salomon footwear and Arc’teryx posted third quarter earnings results on Tuesday, and investors liked what they saw, sending shares of Amer Sports up 10.4 percent to $33.89 in pre-market trading.
Net income for the three months ended Sept. 30 was $143.1 million, or 25 cents a diluted share, versus net income of $55.8 million, 11 cents, in the year-ago quarter. Revenue rose 29.7 percent to $1.76 billion from $1.35 billion.
For the nine months, net income was $295.9 million, or 53 cents a diluted share, from net income of $57.2 million, or 12 cents a year ago. Revenue rose 25.9 percent to $4.47 billion from $3.55 billion.
“Amer Sports’ strong momentum continued in the third quarter, as our unique portfolio of pr

Women's Wear Daily

Benzinga
CNBC
Butler Eagle
Omak Okanogan County Chronicle
WTOP Business
Honolulu Star-Advertiser Traffic
CNN Business
HealthDay
AlterNet
OK Magazine