“Arc'teryx” 2024 sales exceeded 2 billion USD

Arc'teryx reported strong performance in fiscal 2024, with sales exceeding 2 billion USD. With this success, Arc'teryx led to sales results for parent company Amer Sports, which also showed strong performance at the end of fiscal 2024.

Resuming the parent company back on profit track, Amer Sports reported net profit of 15 million USD and reversed a loss of $93 million a year ago in the fourth quarter, with sales up 23%. As of the fourth quarter, Amer Sports' adjusted net profit reached US$236 million, equivalent to 47 cents per share. With technology-based apparel sales (including Arc'teryx and Peak Performance products), the business segment grew 33% to US$745 million; other outdoor performance products (including brands such as Salomon, Atomic and Armada) also rose 13% to 594 million. USD; Wilson leads the ball and shooting sports revenue, with a 22% increase of USD 562 million.

“The fourth quarter was a perfect end to the Amer Sports Group's historic year, with strong performance across all business segments and regions. Under Arc'teryx, our unique high-end The technology brand portfolio continues to explore the blue ocean and seize market share, and the future growth space remains huge. Given the global sports and outdoor trends, and our brand has not yet fully extended and penetrated, I believe that our talented management team has the ability to be in 2025 2019 and beyond,” James Zheng pointed out in a call with analysts earlier this week, specifically calling Arc'teryx a “model of explosive growth, with its disruptive direct-to-consumer model and unique competition Advantages, bringing excellent growth and profit to the outdoor industry. The brand's global market penetration rate is still quite limited, and its long-term development prospects are very broad.”

In the fourth quarter, Arc'teryx's sales exceeded 2 billion USD, with women's clothing accounting for about 40% of total sales, and the brand is still regarded as the core of the group. Last year, Arc'teryx opened 33 new stores, including 8 in the fourth quarter. This year, the brand plans to open another 25 to 30 stores, with the goal of expanding to 200 stores in North America, 75 to 100 stores in Europe and Asia-Pacific (excluding China), and 150 to 200 stores in mainland China. Store. As for Salomon, the brand broke the sales of 1 billion USD last year and is expected to usher in greater momentum this year.