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Amer Sports Shows Premium Outdoor Demand Remains Hot

 
2 Minute Read • Posted May 19, 2026

Amer Sports’ first-quarter report showed that premium outdoor demand still has plenty of altitude left. The company reported revenue of $1.95 billion, up 32% from a year earlier, while adjusted earnings came in at $0.38 per diluted share. Shares rose 2% Tuesday after the release, as investors found a sports-and-outdoor company turning Arc’teryx jackets, Salomon shoes, and Wilson tennis gear into stronger growth, wider margins, and a raised full-year outlook.

The cleanest signal came from Technical Apparel, where revenue rose 33% to $885 million. That segment, led by Arc’teryx, also posted 19% omni-comp growth and a 26.4% adjusted operating margin, giving Amer Sports a high-end engine at the center of the quarter. The company is not just selling more outdoor gear. It is showing that premium technical brands can still command attention, loyalty, and premium positioning even when investors are watching the consumer with a nervous eye.

The strength was not limited to Arc’teryx. Outdoor Performance revenue jumped 42% to $714 million, while adjusted operating margin expanded nearly 500 basis points to 20.4%. Amer Sports pointed to strong momentum in Salomon Softgoods, which matters because apparel and footwear can give a historically equipment-heavy brand a bigger, repeatable growth runway. Ball & Racquet Sports also grew 13% to $347 million, helped by Wilson Tennis 360, though its margin slipped from a year earlier.

Amer Sports now expects full-year revenue growth of 20% to 22% and adjusted diluted EPS of $1.18 to $1.23, even with its forecast assuming higher tariff rates remain in place for the rest of the year. Inventories were up sharply, which gives investors one item to keep watching, but the broader message was still clear. For now, Amer Sports has two brands doing the heavy lifting, and Arc’teryx and Salomon are making rugged luxury look like a very smooth climb.
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