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Amer Sports Raises Guidance After Strong Second-Quarter Earnings

The Finnish sports conglomerate said sales at its Arc’teryx and Salomon brands grew by double-digit percentages.
Arc’teryx- and Salomon-owner Amer Sports files for US IPO.
Amer reported revenue of $994 million for the quarter ended July, up 16 percent from the same period last year. (Courtesy)

Finnish sports conglomerate Amer Sports said sales at its Arc’teryx and Salomon brands grew by double-digit percentages, helping the company narrow its losses and beat Wall Street revenue expectations.

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