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Amer Sports, Inc. (NYSE:AS) ("Amer Sports" or the "Company") will host an Investor Day tomorrow beginning 3:00 am Eastern Time, which will be webcast live from Annecy, France (details below). In
Chip Wilson’s divorce puts his 8.7% Lululemon stake under scrutiny, but other assets could help avoid a sale amid weaker sales.
Analysts initiate: Buy—Abivax ($155), Amer Sports ($42) and more
Morgan Stanley analyst Alex Straton reinstates Amer Sports (NYSE:AS) with a Equal-Weight and announces $31 price target.
Carter's is implementing strategic initiatives including investments in core brands, e-commerce enhancements, omnichannel capabilities, and operational efficiency improvements to drive growth and offset tariff pressures. The company is also expanding its global presence through wholesale partnerships and licensing arrangements. Carter's shares have outperformed its industry despite recent declines, trading at a lower valuation multiple than peers.
Lululemon's margin pressure raises concerns for consumer ETFs as weak sales, tariffs, and competition test retail profitability.