**Title: Amer Sports Inc. Unveils Strong Q3 2024 Financials and Leadership Shifts**Keywords:- Amer Sports Inc.- Financial Results- Leadership Transitions- Q3 2024Outline:- CEO's Comments on Q3 Performance- Balance Sheet Highlights- Management Transitions- Outlook and Guidance- Full-Year 2024 Updates- Conference Call Information- Company Overview and Brands- Non-IFRS Measures- Forward-Looking Statements- Consolidated Financial Statements- Geographic and Channel Revenues- Segment Revenues and Adjusted Operating Profit- Segment DTC Operating Data- Adjusted Gross Profit and SG&A Reconciliations- Adjusted Operating Profit and Net Income Reconciliations- EBITDA and Adjusted EBITDA ReconciliationsIntroduction:In a significant development for the sports and outdoor industry, Amer Sports Inc. (NYSE: AS) has announced its remarkable financial results for the third quarter of 2024. This quarter has been a testament to the company's strength and strategic prowess, with growth across all brands and geographies. CEO James Zheng's insights provide valuable context into the company's performance and future outlook. Discover Amer Sports' Q3 Triumph and Leadership EvolutionThe third quarter of 2024 was a standout period for Amer Sports Group. Led by Arc’teryx, the company's portfolio of premium technical brands continues to make significant inroads in the sports and outdoor markets worldwide. CEO James Zheng highlighted the strong performance, stating, "Third quarter was very strong for Amer Sports Group across all brands and geographies. Led by Arc’teryx, our unique portfolio of premium technical brands continues to create white space and take market share in sports and outdoor markets around the world."Balance sheet details show a 12% increase in year-over-year inventories. At quarter end, net debt was $1,987 million, and cash and equivalents totaled $312 million.Management transitions are also on the horizon. Effective January 1, 2025, Guillaume Meyzenq, currently Chief Product Officer for Salomon, has been appointed President and CEO for Salomon. Additionally, Michael Hauge Sørensen, Chief Operating Officer for Amer Sports, has decided to step down and return to his former role as advisor to the Board of Directors.CFO Andrew Page expressed confidence in the company's performance, stating, "Another quarter of high-teens organic growth accompanied by healthy gross- and operating-margin expansion reflects the combination of great brands and strong execution by our teams around the world." The company has raised its full-year sales and earnings guidance, with reported revenue growth expected to be between 16 - 17%.Amer Sports is updating its guidance for the year ending December 31, 2024. Key metrics include a gross margin of 55.3 - 55.5%, an operating margin towards the high-end of 10.5 - 11.0%, and other financial indicators.The company's conference call to review the results will be webcast live today at 8:00 a.m. Eastern Time and can be accessed at https://investors.amersports.com.Amer Sports is a global portfolio of iconic sports and outdoor brands, including Arc’teryx, Salomon, Wilson, Peak Performance, Atomic, and Armada. With over 11,400 employees globally and operations in 40+ countries, the company is committed to elevating the world through sport.Non-IFRS measures play a crucial role in understanding the company's performance. Adjusted gross profit margin, adjusted SG&A expenses, and other metrics provide supplemental information on operating performance.Forward-looking statements highlight the company's expectations and potential risks. Factors such as brand strength, market trends, and competition are among the key considerations.Consolidated financial statements show detailed revenue, cost of goods sold, and other financial data. Geographic and channel revenues provide insights into the company's performance in different regions and distribution channels.Segment revenues and adjusted operating profit breakdowns reveal the performance of each business segment. Segment DTC operating data showcases the growth of owned retail stores and e-commerce sites.Adjusted gross profit and SG&A reconciliations help in understanding the adjustments made to these metrics. Similarly, adjusted operating profit and net income reconciliations provide a comprehensive view of the company's financial performance.EBITDA and adjusted EBITDA reconciliations offer insights into the company's operating cash flow and profitability.In conclusion, Amer Sports Inc. has delivered a strong performance in the third quarter, with promising prospects for the future. The company's leadership transitions and strategic initiatives position it well for continued growth in the highly competitive sports and outdoor industry.