Shares of Amer Sports Slid 6% in Premarket Trades Tuesday

Shares of Amer Sports Slid 6% in Premarket Trades Tuesday

MarketWatch

Amer Sports AS reported a fourth-quarter net loss of $94 million. The company, which includes the Arc’teryx, Salomon and Wilson brands, reported better-than-expected revenue, boosted by China. On an adjusted basis, analysts surveyed by FactSet were looking for revenue of $1.304 billion.

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