亚玛芬体育2026年二季度财报及后续指引会议纪要

发布时间：2026-08-20 一、AI总结内容 一、核心业绩表现 1. 2026年第二季度，亚玛芬体育营收同比增长32%，不含汇率增长30%，DTC渠道增速40%，占总营收比例达55%创历史新高，批发渠道增长24% 2. 核心细分区域中，亚太区增长60%，中国区增长36%，美洲区增长26%，欧洲中东非洲区增长20% 3. 调整后毛利润增长710基点至65.8%，其中一次性关税退款贡献390基点，扣除后基础毛利润仍扩张超300基点；调整后营业利润增长730基点至12.8%，扣除关税退款后扩张340基点 二、各细分品牌业绩 1. 科技服饰板块：营收增长32%至6.74亿美元，DTC增长34%，计划2026年全球新开30-35家门店，中国计划新开10-12家，北美计划新开11-25家 2. 户外性能板块：营收增长37%至5.69亿美元，DTC增长52%，核心品牌萨洛蒙（Salomon）在大中华区本季度新开13家门店，计划2026年大中华区新开45家，北美首店（纽约第五大道）已开业，2026年计划北美新开7-10家门店，还签约全球歌手演员杰森·德鲁罗担任品牌大使 3. 球类和球拍板块：营收增长24%至3.9亿美元，核心品牌威尔胜（Wilson）的Blade V10球拍及Defy球拍表现突出，网球360战略带动软 Goods 增长，2026年中国计划新开约40家网球360门店 三、2026年全年及三季度业绩指引 1. 全年营收增速指引从原20%-22%上调至24%，其中科技服饰营收增速25%-26%，户外性能增速27%-28%，球类和球拍增速约14% 2. 全年调整后毛利润指引从原59%-59.5%上调至60.5%-61%，调整后营业利润指引从原13.4%-13.7%上调至14.2%-14.5% 3. 三季度营收增速指引18%-20%，调整后毛利润约59%，调整后营业利润13.5%-14%，每股收益31-33美分 四、问答环节核心要点 1. 针对萨洛蒙在北美渠道拓展，公司将以优质合作伙伴关系、精准选址为核心，优先发展美国 epicenter 核心城市的高端批发合作，而非单纯追求门店数量 2. 威尔胜2026年二季度的高增速源于新产品发布、渠道拓展等短期因素，预计下半年增速会回落，长期目标是实现中个位数增长 3. 公司将持续加大对三大增长引擎（萨洛蒙、科技服饰、网球360）的投资，涵盖品牌营销、人才招聘、高端门店建设等，以保障长期增长和品牌权益 4. 欧洲市场虽整体增长平缓，但跑步、户外细分领域表现较好，萨洛蒙在欧洲具有独特竞争优势 5. 加拿大品牌（Arcteryx）在美国市场将采用 epicenter 核心城市高端门店+山地运动小镇的策略，结合精选高端批发合作，与萨洛蒙的全渠道策略形成互补 二、音频原文（转写） 嗯。Hello everyone, thank you for joining us and welcome to the Amherst Sports second quarter 2026earnings call. After today's prepared remarks,we will host a question and answer session. If you would like to ask a question, please press scar one to raise your hand. To withdraw your question, press scar one again. I will now hand theconference over to Omar Saad, head of investor relations and capital markets. Please go ahead. Welcome everyone. Thanks for joining Amherst Sports. Turning call for the second quarter of fiscal year 2026. Earlier this morning, we announcedour financial results for the quarter ended June30, 2026, and the release can be found on our IR website, investors-omersports.com. A quick reminder to everyone that today's call will containcertain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements reflect our current expectations and beliefs only. They are subject to certain risks and uncertainties that could causeactual results to differ materially. Please seethe safe harbor statement in our earnings release and SEC filings. We will also discuss certainnon-IFRS financial measures Please refer to ourearnings release for important information regarding such non-IFRS financial measures. includingreconciliations to the most comparable IFRS financial measures. We'll begin with prepared remarks from our CEO, James Yang and CFO, Andrew Page, followed by a Q&A session until 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 alsowalk through our updated guidance. Our TerraceCEO Stuart Ailadin and Solomon's CEO, Eome Zank,will join for the Q&A session. With that, I'llturn the call over to James. 该死，我们。 Our global momentum continued in the second quar ter. with over 30% revenue growth and a strong operating margin Thank you. or segment. Geographic. and the channels achieve strong double-digitgrowth. That by another exceptional quarter fromSarmosuk. A strong. A parent of income. and a worsen ten to three hundred sixty acceleration. We manage our portfolio sports and outdoor brandsthat's very unique in the marketplace. and allthree of our primary growth engines. yes SalomonSocrates. and the worst intense 360. are stillrelatively small. with significant room to grow.First, I will recap key highlights from our three segments. Starting with packing for apparel.嗯。 A carriage. Deliver another great order. with broad-based trends across regions channels. and calories. including another exceptional performance in women's. Strong DTC momentum also continued. driven by a seventeen percent technical poweromnicom. We believe our cash is a truly global brand with significant runway in all major markets. and are encouraged by the strong double-digitgrowth across all 4 regions in Q2. The brand also resonates strongly across categories in the consumer segment. I want to highlight our momentum in women's. which grow faster than any other category or carriers. our confidence in the science The scale of our women's opportunity is verylarge. friend awareness and affinity with womenis rising significantly as we improve 嗯。 Style and the function. and also beautifully. Brenda has so much. Redesigning our core A B C D models for her. thus expanding feminine cut-up patterns is driving higher female traffic and conversion. In future. Unions and seasonal colorwaysgenerate over 60% of women sales. Then I was anew franchise. include the sensor and orion lightweight hiking styles. and also the soggy utility dress and jacket. our remarkable success in wo men's bottoms. with franchises like the だけや。 glitter and a near paint. it is helping us unlock a female consumer from head to toe. driving higher