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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100