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Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $4.4 billion in 2023. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2023, the firm generates 40% of its revenue from the Americas, 33% from Europe, the Middle East, and Africa, 19% from China, and 7% from Asia-Pacific, excluding China.

Hasbro is a major producer of toys and games, including digital games. Its leading brands include Nerf, Peppa Pig, Monopoly, Transformers, Play-Doh, Magic: The Gathering, Dungeons & Dragons, and Transformers. The company is also licensed to manufacture Star Wars, Jurassic Park, and Marvel toys. It is based in Pawtucket, RI and employs 5,500 employees. The shares are a component of the S&P 500.

The major indices are mixed at midday. The Nasdaq is lower with two heavyweights, NVDA and GOOGL, under pressure. The Russell 2000 is up more than 1%. The yield on the 10-year Treasury note is flat at 4.41%. Oil is up 2% at $70 per barrel. Bitcoin has now hurdled $97,000.

Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $4.4 billion in 2023. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2023, the firm generates 40% of its revenue from the Americas, 33% from Europe, the Middle East, and Africa, 19% from China, and 7% from Asia-Pacific, excluding China.