Amer Sports, Inc.

General Information

Amer Sports is a Helsinki-based sports apparel and outdoor equipment company owned by an investor group headed by China’s ANTA Sports. The Chinese investor group bought Amer Sports in 2019. Until then, the company’s stock was traded on the NASDAQ Helsinki. (Incorporated in the Cayman Islands)

Note: This IPO is a New York Stock Exchange listing. 

The company is involved in three business segments: technical apparel, outdoor performance, and ball and racquet sports.

Amer Sports sells three big brands: Arc’teryx, Salomon and Wilson. As of Sept. 30, 2023, the company owned a global network of 261 stores featuring those three big brands.

Amer Sports’ other brands include Armada, Atomic, DeMarini, Louisville Slugger and Peak Performance. 

Note: Net loss and revenue are for the 12 months that ended Sept. 30, 2023.

(Note: Amer Sports, Inc. priced its IPO at $13.00 – $3.00 below the bottom of its $16.00-to-$18.00 range – and slightly increased the IPO’s size to 105.0 million shares – up from 100.0 million shares in the prospectus – to raise $1.37 billion ($1,365.0 million) in its IPO on Wednesday night, Jan. 31, 2024.)

(Note: Amer Sports, Inc. filed its F-1/A on Jan. 22, 2024, and disclosed terms for its IPO: 100.0 million shares at a price range of $16.00 to $18.00 to raise $1.7 billion ($1,700.0 million). Background: Amer Sports, Inc. filed its F-1 on Jan. 4, 2024, without disclosing terms for its IPO. Estimated IPO proceeds are $100 million. The company submitted confidential IPO documents to the SEC on Aug. 11, 2023.)

Employees: 10800
Founded: 1950
Contact Information
Address Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands
Phone Number +1 345 945 3901
Web Address
View Prospectus: Amer Sports, Inc.
Financial Information
Market Cap $6367.27mil
Revenues $4249.0 mil (last 12 months)
Net Income $-262.5 mil (last 12 months)
IPO Profile
Symbol AS
Exchange NYSE
Shares (millions): 105.0
Price range $13.00 - $13.00
Est. $ Volume $1.4 mil
Manager / Joint Managers Goldman Sachs/ BofA Securities/ J.P. Morgan/ Morgan Stanley/ Citi/ UBS Investment Bank
CO-Managers Baird/BNP PARIBAS/CICC/CLSA/Evercore ISI/TD Cowen/Wells Fargo Securities/Deutsche Bank Securities/HSBC/Blaylock Van, LLC/Drexel Hamilton/Loop Capital Markets/Ramirez & Co., Inc./ Siebert Williams Shank/ Tigress Financial Partners ​
Expected To Trade: 2/1/2024
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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