Amer Sports Says Greater China Revenue Growth Exceeded 60% Y/Y For The Seven-day Golden Week Period
Portfolio Pulse from Benzinga Newsdesk
Amer Sports reported that its revenue growth in Greater China exceeded 60% year-over-year during the seven-day Golden Week period. The company sees significant growth opportunities in China, especially in the outdoor segment, despite economic challenges.
October 09, 2024 | 11:17 am
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Amer Sports experienced over 60% Y/Y revenue growth in Greater China during the Golden Week, highlighting strong potential in the outdoor segment despite economic challenges.
The significant revenue growth in a key market like China, especially during a major shopping period, indicates strong demand and potential for Amer Sports' products. This is likely to positively impact the company's stock price in the short term.
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