Amer Sports Inc
For the period ended Dec 31, 2024. Filed Mar 7, 2025.
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The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.
FY2024 · Filed Mar 7, 2025
Contents
Cautionary Statement Regarding Forward-Looking Statements
This Annual Report contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this Annual Report can be identified by the use of forward-looking words such as “anticipate,” “believe,” “may,” “will,” “expect,” “could,” “target,” “predict,” “potential,” “should,” “plan,” “intend,” “estimate” and “potential,” and similar expressions, although the absence of these words does not mean that a statement is not forward-looking.
Forward-looking statements appear in a number of places in this Annual Report and include, but are not limited to, statements regarding our intent, belief or current expectations. These forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. They are not statements of historical facts. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to, those identified under the section titled “Item 3. Key Information—D. Risk Factors” in this Annual Report. These risks and uncertainties include factors relating to, but are not limited to:
the strength of our brands;
changes in market trends and consumer preferences;
intense competition that our products, services and experiences face;
harm to our reputation that could adversely impact our ability to attract and retain consumers and wholesale partners, employees, brand ambassadors, partners, and other stakeholders;
reliance on technical innovation and high-quality products;
general economic and business conditions worldwide, including due to inflationary pressures;
the strength of our relationships with and the financial condition of our third-party suppliers, manufacturers, wholesale partners and consumers;
ability to expand our DTC channel, including the expansion and success of our retail stores and e-commerce platform;
our plans to innovate, expand our product offerings and successfully implement our growth strategies that may not be successful, and implementation of these plans that may divert our operational, managerial and administrative resources;
our international operations, including any related to political uncertainty and geopolitical tensions;
our and our wholesale partners’ ability to accurately forecast demand for our products and our ability to manage manufacturing decisions;
our third-party suppliers, manufacturers and other partners, including their financial stability and our ability to find suitable partners to implement our growth strategy;
the cost of raw materials and our reliance on third-party manufacturers;
our distribution system and ability to deliver our brands’ products to our wholesale partners and consumers;
climate change and sustainability-related matters, or legal, regulatory or market responses thereto;
changes and contemplation of changes to trade policies, tariffs, import/export regulations and anti-competition regulations in the United States, European Union ("EU"), Peoples Republic of China ("PRC") and other jurisdictions, or our failure to comply with such regulations;
the use and reliance on artificial intelligence can potentially cause intellectual property rights issues, security vulnerabilities, harm our business reputation, negatively impact our operations and impact our financial results;
ability to obtain approvals from PRC authorities to remain listed on the U.S. exchanges and offer securities in the future;
ability to obtain, maintain, protect and enforce our intellectual property rights in our brands, designs, technologies and proprietary information and processes;
ability to defend against claims of intellectual property infringement, misappropriation, dilution or other violations made by third parties against us;
security breaches or other disruptions to our information technology ("IT") systems;
our reliance on a large number of complex IT systems;
changes in government regulation and tax matters;
our ability to remediate our material weakness in our internal control over financial reporting;
our relationship with ANTA Sports Products Limited (“ANTA Sports”);
our expectations regarding the time during which we will be a foreign private issuer; and
other risk factors discussed under “Item 3. Key Information—D. Risk Factors.”
Forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update them in light of new information or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances or to reflect the occurrence of an unanticipated event.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.