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.
- 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.