Amer Sports, Inc.

Hello, everyone, and welcome to Amerisport's third quarter fiscal 2024 earnings call. Please note that this call is being recorded. After the speaker's prepared remarks, there will be a question and answer session. If you'd like to ask a question during that time, please press star one on your telephone keypad. Thank you. I'd now like to hand over to Omar Saad, Vice President of Investor Relations. You may now begin.

Hello, everyone. Thanks for joining Armour Sports earnings call for the third quarter of fiscal year 2024. Earlier this morning, we announced our financial results for the quarter ended September 30, 2024, and the release can be found on our IR website, investors.armoursports.com. A quick reminder to everyone that today's call will contain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements reflect our current expectations and beliefs only and are subject to certain risks and uncertainties that could cause actual results to differ materially. Please see the Safe Harbor Statement, our earnings release, and SEC filings. We will also discuss certain non-IFRS financial measures. Please refer to our earnings release for important information regarding such non-IFRS financial measures, including reconciliation to the most comparable IFRS financial measures. We will begin with prepared remarks from our CEO, James Zhang, and CFO, Andrew Page, followed by a Q&A session until approximately 9 a.m. Eastern. James will cover key operational and brand highlights, and Andrew will provide a financial review at both the group and segment level, and also walk through our updated guidance. Arc'teryx CEO Stuart Hazelden will also join for the Q&A session. With that, I'll turn the call over to James.

Thanks, Omar. Third quarter was very strong for Amway Sports Group across operating segments, geographies, and the channels. Our premium technical brands are taking market share and creating wide space in sports and outdoor markets around the world. We are executing well against our largest growth opportunities in Arcturus and Salomon Forewear, while our market-leading ball and rackets and the winter sports equipment franchise both grow faster than expected. Famous Sports Group generated 17% sales growth in Q3, led by our flagship brand, Acterix. We achieved a very strong 14.4% adjusted operating margin, well above our expectations.