Amer Sports Sees Q2 Fully diluted EPS Of $(0.04) to $(0.08) Vs. $(0.05) Estimate
$AS
Apparel
Consumer Discretionary
Amer Sports is providing the following guidance for the second quarter ending June 30, 2024 (all guidance figures reference adjusted amounts):
- Approximately 10%, including the impact of the disposition of ENVE on May 1, 2024
- Gross margin: approximately 54.0%
- Operating margin: approximately 0.0%
- Net finance cost: $45 - $50 million
- Effective tax rate: approximately 38%
- Fully diluted share count: 510 million