Amer Sports Shares Climb as Salomon Sales Spur Outlook Boost

Amer Sports Inc. shares rose after it raised full-year guidance and first-quarter results beat estimates, buoyed by demand for Salomon shoes.

Shares rose as much as 5.2% in premarket trading. The sport apparel company now expects revenue to grow 20% to 22% in 2026, up from an earlier forecast of 16% to 18%. The projection for adjusted earnings per share was raised to $1.18 to $1.23, compared with the $1.18 consensus.