Amer Sports could see a “challenging” fourth quarter as economic problems from the United States spill over into Europe, a senior company official said. “There are signs of weakening macro economy also in Europe,” said company spokesperson Pekka Paalanne.
The owner of the Atomic, Wilson and Salomon brands last month reported a loss in the April-June quarter and cut its full-year profit forecast, citing a weak market in the United States. Amer pointed to Precor as having a particularly tough time in the current economy.
