Amer Sports Lifts Forecast as Arc’teryx Growth Re-Accelerates

Amer Sports Inc rose after the sporting goods company lifted its sales outlook for the quarter, citing strong momentum at its Salomon and Arc’teryx brands.

The boost marks a reversal of sentiment for its Arc’teryx brand — part of the conglomerate’s Technical apparel unit — which saw sales growth drop to the slowest pace on record last quarter.