Sales of Amer Sports Inc’s Technical Apparel Unit, rose by 25 per cent in Q3, FY25. Owner of the outerwear brand Arc’teryx, the company has been witnessing declining growth and is projected to fall further.

Sales from existing locations or revenue generated from owned retail stores and e-commerce sites open at least 13 months increased by 15 per cent as against the 19 per cent expectations by the Wall Street.

Despite this, the Finnish sporting goods conglomerate remains upbeat about the future and raised its full-year outlook for a second time this year. The company projects revenue will grow by 21 per cent as against 15 per cent to 17 per cent as per a prior forecast,

The company expects full-year earnings to reaching $0.77 to $0.82 per share, up from $0.67 to $0.72 last predicted, and more than the $0.75 analysts polled by Bloomberg had expected. The guidance assumes higher tariffs than previously expected.