Amer Sports, Inc. (AS) has released an update.
Amer Sports, Inc., a conglomerate of leading sports and outdoor brands such as Arc’teryx and Salomon, reported its financial performance and discussed the impacts of seasonal trends and foreign currency exposure on its revenues and profitability. The company manages foreign exchange risks through various hedging strategies and faces increased operational costs as a public entity. Amer Sports also recently sold its ENVE business, which was not material to its consolidated results.
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