Amer Sports

Crewe Capital advises PV3 Investments in the Acquisition of ENVE Composites

Retrieved on: 
Tuesday, April 30, 2024
Sports, Other Manufacturing, Finance, Consulting, Banking, Professional Services, Biking, Cycling, Manufacturing, Amer Sports, Capital, Engineering, Marketing, Growth, Road

Crewe Capital (Crewe), one of the nation’s leading boutique investment banks, exclusively guided private investment firm PV3 Investments (PV3) in its purchase of ENVE Composites (ENVE), a U.S. cycling manufacturer, from its parent company Amer Sports (NYSE: AS).

Key Points: 
  • Crewe Capital (Crewe), one of the nation’s leading boutique investment banks, exclusively guided private investment firm PV3 Investments (PV3) in its purchase of ENVE Composites (ENVE), a U.S. cycling manufacturer, from its parent company Amer Sports (NYSE: AS).
  • Both headquartered in Utah, ENVE was a natural fit for PV3, whose owners are passionate about cycling and want to support its continued growth.
  • “As a Utah native and cyclist, I believe in ENVE and have confidence in the direction the management team is taking the company.
  • “It’s been rewarding to collaborate with a national brand like ENVE that’s based in our backyard, and we know that the company is in good hands with PV3,” said Mike Bennett, Managing Partner of Crewe Capital.

ICR Capital, Leading Equity Capital Markets Advisory Firm, Publishes its Q1 Equity Capital Markets Update & Outlook

Retrieved on: 
Monday, April 8, 2024
Finance, Public Relations, Investor Relations, Marketing, Communications, Professional Services, ECM, ICR, Health, IPO, Amer Sports, Initial public offering, Convertible, Security (finance)

ICR Capital, a leading capital markets advisory firm, today released its First Quarter Equity Capital Markets Update & Outlook report.

Key Points: 
  • ICR Capital, a leading capital markets advisory firm, today released its First Quarter Equity Capital Markets Update & Outlook report.
  • These favorable market conditions led to a resurgence in equity issuance in Q1,” said Steve Parish, Co-Head of ICR Capital.
  • As always, The ICR Capital team is eager to discuss capital markets objectives with corporate management teams and financial investors.
  • Click here to download ICR Capital’s 1Q 2024 Equity Capital Markets Update & Outlook report.

Amer Sports, Inc. Announces Filing of Annual Report on Form 20-F

Retrieved on: 
Tuesday, March 26, 2024
General Sports, Sports, Other Retail, Extreme Sports, Other Sports, Fashion, Retail, Department Stores, Amer Sports, Sport, Contact, Annual report, Security (finance)

Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 has been filed with the Securities and Exchange Commission.

Key Points: 
  • Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 has been filed with the Securities and Exchange Commission.
  • The Annual Report on Form 20-F can be accessed on the Company's investor relations website at Amer Sports - Investor Relations and on the SEC’s website at www.sec.gov .
  • The Company’s security holders may request a hard copy of the Company’s complete audited financial statements free of charge by visiting the “Investor Alerts & Contact Us” page in the Investor Resources section of the Company’s investor relations website.

Amer Sports Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides 2024 Outlook and Long-Term Financial Algorithm

Retrieved on: 
Tuesday, March 5, 2024
Other Sports, General Sports, Sports, Racket (sports equipment), Amer Sports, Marketing, Golf, Inventory, Growth, Baseball, Tennis, Sport, IPO, Channel, EPS, Acceleration, DTC

Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the fourth quarter and fiscal year 2023.

Key Points: 
  • Amer Sports Inc. (NYSE: AS) (“Amer Sports” or the “Company”) today announced its financial results for the fourth quarter and fiscal year 2023.
  • By channel, DTC expanded 37% led by Technical Apparel in Americas and Greater China, with strength in both stores and online.
  • Operating profit for 4Q 2023 was $60 million compared to operating loss of $58 million for 4Q 2022.
  • SG&A deleverage drove a 215 basis point decline in 4Q 2023 adjusted operating profit margin to 10.4% compared to 4Q 2022.

Amer Sports, Inc. to Report Fourth Quarter and Full Year 2023 Financial Results on March 5, 2024.

Retrieved on: 
Thursday, February 29, 2024
Retail, Department Stores, Fashion, Sport, Eastern Time Zone, Amer Sports

Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it will report its fourth quarter and full year 2023 financial results before the market opens on Tuesday March 5, 2024.

Key Points: 
  • Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it will report its fourth quarter and full year 2023 financial results before the market opens on Tuesday March 5, 2024.
  • The company will host a call with management that day at 8:00am Eastern Time.
  • A live webcast of the earnings call will be available on the Amer Sports Investor Relations website at https://investors.amersports.com .
  • A replay of the call will be available on the company’s website approximately three hours after the conclusion of the call.

Amer Sports, Inc. Announces Pricing of its Initial Public Offering

Retrieved on: 
Thursday, February 1, 2024
Retail, Sports, Other Retail, Other Sports, Outdoors, Specialty, General Sports, EDGAR, BNP PARIBAS, CICC, Amer Sports, Telephone, Varick Street, Attention, Prospectus, BofA Securities, 2nd Floor, HSBC, Sport, Morgan Stanley, UBS, Broadridge Financial Solutions, Citigroup, CLSA, Goldman Sachs, J. P. Morgan, Evercore, Wells Fargo, Sale, Deutsche Bank, Form, Security (finance)

Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today the pricing of its initial public offering of 105,000,000 ordinary shares at a public offering price of $13.00 per share.

Key Points: 
  • Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today the pricing of its initial public offering of 105,000,000 ordinary shares at a public offering price of $13.00 per share.
  • In connection with the offering, Amer Sports has granted the underwriters a 30-day option to purchase up to an additional 15,750,000 ordinary shares to cover over-allotments.
  • The closing of the offering is expected to occur on February 5, 2024 subject to the satisfaction of customary closing conditions.
  • Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan and Morgan Stanley are acting as joint book-running managers for the offering.

Amer Sports, Inc. Announces Launch of its Initial Public Offering

Retrieved on: 
Monday, January 22, 2024
Fashion, Footwear, Retail, Sports, Outdoors, General Sports, BNP PARIBAS, 2nd Floor, Evercore, CLSA, Prospectus, Deutsche Bank, Morgan Stanley, Amer Sports, BofA Securities, HSBC, Form, EDGAR, UBS, Sale, Sport, Exchange, Goldman Sachs, Citigroup, Wells Fargo, CICC, J. P. Morgan, Attention, Telephone, Varick Street, Broadridge Financial Solutions, Security (finance)

Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today the launch of its initial public offering of 100,000,000 ordinary shares.

Key Points: 
  • Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today the launch of its initial public offering of 100,000,000 ordinary shares.
  • The initial public offering price is currently expected to be between $16.00 and $18.00 per share.
  • Amer Sports has been approved to list its ordinary shares on the New York Stock Exchange under the symbol “AS”.
  • Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan and Morgan Stanley are acting as joint book-running managers for the proposed offering.

Amer Sports, Inc. Announces Filing of Registration Statement for Proposed Initial Public Offering

Retrieved on: 
Thursday, January 4, 2024
Footwear, Fashion, Retail, Sports, Outdoors, Specialty, General Sports, Telephone, UBS, 2nd Floor, BNP Paribas, CICC, Goldman Sachs, Sale, EDGAR, Evercore, Form, HSBC, Attention, Register, BofA Securities, Sport, Wells Fargo, J. P. Morgan, Citigroup, Tiger, Varick Street, Amer Sports, Prospectus, Broadridge Financial Solutions, Deutsche Bank, Morgan Stanley, CLSA, Security (finance)

Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it has publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its ordinary shares.

Key Points: 
  • Amer Sports, Inc. (“Amer Sports”), a global group of iconic sports and outdoor brands, announced today that it has publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its ordinary shares.
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • The proposed offering will be made only by means of a prospectus, which forms a part of the Registration Statement.
  • The Registration Statement relating to the proposed offering has been filed with the SEC but has not yet become effective.

GXO Adds Returns to Extended Agreement with Amer Sports

Retrieved on: 
Tuesday, November 28, 2023
Partnership, Peter Hancock (professor), Salomon, Automation, FMCG, Consumer, ESG, GXO, Social, Machine learning, Amer Sports, Growth, Safety, Amer, Intelligence, Employment, ARES, Online shopping

PARIS, France, Nov. 28, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced today that it has extended its agreement with, and added returns processing to, its partnership with Amer Sports, a leading sporting goods manufacturer whose brands include Salomon, Wilson, Arc’teryx and Atomic.

Key Points: 
  • PARIS, France, Nov. 28, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced today that it has extended its agreement with, and added returns processing to, its partnership with Amer Sports, a leading sporting goods manufacturer whose brands include Salomon, Wilson, Arc’teryx and Atomic.
  • “We are pleased to extend our longstanding and valued partnership with Amer Sports and to expand the scope of our services to include reverse logistics,” said Rui Marques, Managing Director, France, GXO.
  • Automation on site has evolved continuously to support Amer Sports’ ability to adapt to changes in consumer behavior, including the shift from retail to ecommerce and increasing returns.
  • In the third quarter of 2023, GXO increased its total tech and automated systems by 70% year over year.

Amerant Bancorp Inc. Declares Dividend

Retrieved on: 
Thursday, October 19, 2023
CORAL, NYSE, Holding company, Amer Sports

CORAL GABLES, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today announced that, on October 18, 2023, the Company’s Board of Directors declared a cash dividend of $0.09 per share of Amerant common stock.

Key Points: 
  • CORAL GABLES, Fla., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Amerant Bancorp Inc. (NYSE: AMTB) (the “Company” or “Amerant”) today announced that, on October 18, 2023, the Company’s Board of Directors declared a cash dividend of $0.09 per share of Amerant common stock.
  • The dividend is payable on November 30, 2023, to shareholders of record at the close of business on November 14, 2023.