As retailers await their tariff refunds, Amer Sports CFO Andrew Page said the company has received a small amount back, but has no “visibility at all” into what could be coming down the line. “The way that we're handling them is that as tariff refunds come in, then we realize it,” Page told Retail Dive in an interview. “We're not projecting any amount of tariffs to come in the future, we're not projecting the timing … there was no real pattern recognition that gives me an indication as to the cadence and sequencing of it.” Amer Sports — which owns Arc’teryx, Salomon and Wilson, among others — is in a fortunate position compared to others in retail, in that the IEEPA tariffs that are currently being refunded had a minimal impact on operations to begin with. That means the refunds, too, will have no real impact on the company’s go-forward guidance. The retailer notched a 32% revenue gain in Q1, reaching $1.9 billion, and expects the metric to be up 20% to 22% for the full fiscal year. The standout performance was driven largely by the company’s technical apparel segment, anchored by Arc’teryx, and its outdoors performance category, led by Salomon. Those business divisions grew by 33% and 42%, respectively, in the first quarter. Even ball and racquet sports, which is headed up by Wilson, saw revenue grow 13% to $347 million. Operating margins in that segment are just 3.6%, though, compared to more than 20% in the other two business divisions. The tough consumer backdrop doesn’t seem to be shaking Amer Sports much either, despite some of its brands commanding high price points. Page credits that to the company’s innovation, and the strong equipment and technical performance of its products. Those elements help shoppers feel they’re getting a strong