Shares of Amer Sports (NYSE:AS) are rallying into Tuesday’s regular open as the company’s Q3 results beat Wall Street’s expectations on strength in its Arc’teryx franchise, and raised its 2024 guidance again.

Amer Sports, Inc. (NYSE:AS) shares are trading higher after the company reported third-quarter results. Revenue rose 17% (both reported and constant currency basis) to $1.354 billion, exceeding the consensus of $1.

For the third quarter, Amer Sports reported a revenue increase to 1,354 million dollars, up 17 percent on both a reported and constant currency basis.