10 stories mentioning AS
Every FINWIRES story that references AS, newest first.
Jie Zheng, Director, Chief Executive Officer, on June 03, 2026, sold 500,000 shares in Amer Sports (AS) for $17,210,450. Following the Form 4 filing with the SEC, Zheng has control over a total of 1,262,385 ordinary shares of the company, with 1,262,385 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1988894/000198889426000082/xslF345X05/wk-form4_1780658802.xml
Wen-chang Chen, Chief Strategy Officer, on June 01, 2026, sold 13,075 shares in Amer Sports (AS) for $465,764. Following the Form 4 filing with the SEC, Chen has control over a total of 149,821 ordinary shares of the company, with 149,821 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1988894/000198889426000080/xslF345X05/wk-form4_1780483762.xml
Stuart Haselden, Chief Executive Officer of Arc'teryx Equipment, on June 01, 2026, sold 215,275 ordinary shares in Amer Sports (AS) for $7,656,766.SEC Filing:https://www.sec.gov/Archives/edgar/data/1988894/000198889426000077/xslF345X05/wk-form4_1780398559.xml
Andrew E Page, Chief Financial Officer, on May 26, 2026, sold 105,230 shares in Amer Sports (AS) for $3,867,726. Following the Form 4 filing with the SEC, Page has control over a total of 4,083 ordinary shares of the company, with 4,083 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1988894/000176934726000011/xslF345X05/wk-form4_1779919347.xml
Consumer stocks were mixed late Tuesday afternoon with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 1.1%.In sector news, Redbook US same-store sales last week rose 8.1% from a year earlier after a 9.6% increase in the previous week. "Coming off last-minute Mother's Day shopping on Sunday, sales and traffic slowed across the board in the middle of the week, but picked up during the weekend as graduation, BBQ season, and warm weather approached," Redbook said.In corporate news, Estee Lauder (EL) remains in talks with Puig over a potential business combination, though there's no announcement to make yet, Reuters reported, citing Estee Lauder CEO Stephane de La Faverie. Estee Lauder shares fell 5.4%.Home Depot (HD) reported fiscal Q1 results above market expectations despite consumer uncertainty, while the home improvement retailer reiterated its full-year outlook.The shares rose 0.7%.Wall Street banks started a debt sale on behalf of Warner Bros. Discovery (WBD) comprised of a $5 billion dollar loan and a 1 billion euro ($1.16 billion) loan, Bloomberg reported. Warner Bros. shares were little changed.Amer Sports (AS) raised its full-year guidance after the Finnish sports equipment company reported better-than-expected Q1 results. Amer shares climbed 1.8%.
Consumer stocks were mixed Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) increasing 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 1%.In sector news, Redbook US same-store sales rose by 8.1% from a year earlier in the week ended May 16 after a 9.6% year-over-year increase in the previous week. "Coming off last-minute Mother's Day shopping on Sunday, sales and traffic slowed across the board in the middle of the week, but picked up during the weekend as graduation, BBQ season, and warm weather approached," Redbook said.In corporate news, Home Depot (HD) on Tuesday reported fiscal Q1 results above market expectations despite consumer uncertainty, while the home improvement retailer reiterated its full-year outlook. Its shares rose 0.5%.Amer Sports (AS) raised its full-year guidance on Tuesday after the Finnish sports equipment company reported better-than-expected Q1 results. Amer shares jumped past 4%.Wall Street banks started a loan sale Tuesday on behalf of Warner Bros. Discovery (WBD) comprised of a $5 billion US dollar loan and a 1 billion euro loan, Bloomberg reported. Warner Bros. shares added 0.5%.
Amer Sports (AS) raised its full-year guidance on Tuesday after the Finnish sports equipment company reported better-than-expected first-quarter results.The maker of Wilson tennis rackets and Salomon ski boots projects adjusted earnings of $1.18 to $1.23 a share in 2026, up from the prior forecast of $1.10 to $1.15. Revenue is expected to rise 20% to 22%, compared with the increase of 16% to 18% seen previously.Analysts surveyed by FactSet expect non-GAAP EPS of $1.21 and sales of $7.77 billion."Given the momentum from our highest-margin Arc'teryx franchise, accelerating Salomon Softgoods growth, plus the solid foundation of our equipment franchises, we have the confidence to raise our 2026 sales, margin and EPS guidance," Chief Financial Officer Andrew Page said in a statement.The company's shares rose 4.7% in Tuesday trading in New York. They have dropped 7.7% this year.In the three months ended March 31, adjusted EPS rose to $0.38 from $0.27 a year earlier, topping Wall Street's $0.31 consensus. Revenue jumped 32% to $1.95 billion, ahead of expectations for $1.84 billion."The investments we have been making behind our biggest opportunities are paying off in terms of both sales growth and margin expansion," Page said.Technical apparel revenue increased 33% to $885 million. Outdoor-performance sales rose 42% to $713.6 million, and ball-and-racquet revenue gained 13% to $346.9 million.Technical apparel revenue in 2026 is expected to rise by 22% to 24%, up from the prior outlook for a gain of 18% to 20%, the company said. Estimates for the other two divisions were also boosted.Amer Sports expects adjusted EPS of $0.08 to $0.10 in the second quarter on revenue growth of 22% to 24%. Analysts project non-GAAP EPS of $0.08 and sales of $1.49 billion.Price: $34.65, Change: $+1.50, Percent Change: +4.52%
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.4% and the actively traded Invesco QQQ Trust (QQQ) was 0.7% lower in Tuesday's premarket activity amid uncertainty surrounding US-Iran negotiations.US stock futures were also lower, with S&P 500 Index futures down 0.4%, Dow Jones Industrial Average futures slipping 0.2%, and Nasdaq futures retreating 0.6% before the start of regular trading.The pending home sales data for April will be released at 10 am ET.In premarket activity, bitcoin was down by 0.2%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.3% lower, Ether ETF (EETH) retreated 0.7%, and Bitcoin & Ether Market Cap Weight ETF (BETH) declined by 0.02%.Power Play:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 1%, and the iShares US Technology ETF (IYW) was 0.6% lower, while the iShares Expanded Tech Sector ETF (IGM) was down 0.3%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) declined by 3.4%, while the iShares Semiconductor ETF (SOXX) fell by 1.7%.Agilysys (AGYS) shares were up more than 23% in premarket activity after the company overnight reported fiscal Q4 earnings and sales above market expectations.Winners and Losers:HealthcareThe State Street Health Care Select Sector SPDR ETF (XLV) retreated by 0.04%, the Vanguard Health Care Index Fund (VHT) was down 0.04%, while the iShares US Healthcare ETF (IYH) was inactive. The iShares Biotechnology ETF (IBB) was up 0.3%.Relay Therapeutics (RLAY) stock was up more than 9% premarket after the company said that the early phase 2 data showed its experimental drug zovegalisib reduced lesion volume in patients with rare vascular anomalies linked to PIK3CA mutations.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.01%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.1% higher.XP (XP) shares were down 5.2% in premarket activity after the company overnight reported Q1 results that fell short of analyst expectations.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.1%, and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was 0.4% lower. The iShares US Consumer Staples ETF (IYK) was flat. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.7%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 0.7% higher.Amer Sports (AS) shares were up more than 3% pre-bell after the company reported Q1 adjusted earnings and revenue.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated 0.1%, while the Vanguard Industrials Index Fund (VIS) was 0.1% lower, and the iShares US Industrials ETF (IYJ) gained 0.2%.Allegiant Travel (ALGT) stock was down more than 1% before the opening bell after the company said it is launching eight new nonstop routes beginning in fall 2026, expanding service across Florida leisure markets.EnergyThe iShares US Energy ETF (IYE) was 1.3%, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 0.4%.Equinor (EQNR) stock was up more than 1% before the opening bell after the company said it signed a 5-year agreement with Eneco to supply natural gas from the Norwegian continental shelf.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 0.3% to $108.38 per barrel on the New York Mercantile Exchange. Natural gas was up 1.2% at $3.06 per 1 million British Thermal Units. The United States Oil Fund (USO) increased by 1.5%, while the United States Natural Gas Fund (UNG) was 1.2% higher.Gold futures for May retreated by 0.5% to $4,534.30 an ounce on the Comex. Silver futures fell by 1.7% to $76.13 an ounce. SPDR Gold Shares (GLD) was down by 0.3%, and the iShares Silver Trust (SLV) declined by 1.5%.
Consumer stocks were leaning lower premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) declining by 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.7%.Amer Sports (AS) shares were up more than 4% after the company posted higher Q1 adjusted earnings and revenue, and raised its 2026 outlook.MakeMyTrip (MMYT) stock was down more than 4% after the company reported a decline in fiscal Q4 adjusted earnings.Home Depot (HD) shares were down more than 1% after the company reported lower fiscal Q1 adjusted earnings.
Consumer stocks were leaning lower premarket Tuesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) slightly declining and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.5%.Amer Sports (AS) shares were up more than 4% after the company posted higher Q1 adjusted earnings and revenue, and raised its 2026 outlook.