On Holding AG

On Holding AG engages in the development and distribution of sports products. It sells its products worldwide through independent retailers and global distributors, an own online presence, and its own high-end stores. The company was founded by David Allemann, Olivier Bernhard, and Caspar Coppetti on September 28, 2012 and is headquartered in Zurich, Switzerland.

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ON Holding AG exceeds CHF 1B in net sales, targets 39% growth in 2023

ON Holding AG's Q4 2022 earnings call highlighted exceptional performance, challenges faced, and strategic opportunities for growth. The company's focus on efficiency, product innovation, and market expansion positions it well for continued success in 2023 and beyond.

On Holding AG (ONON) reports record Q1 sales, raises 2023 guidance

On Holding AG (ONON) delivered outstanding Q1 results with record net sales and strong sales growth. The company raised its 2023 net sales guidance to at least CHF1.74 billion, showing cautious optimism for the year. Strategic pillars for 2023 include focusing on brand building, sustainability, and innovation.

ON Holding AG reports stellar Q2 results, eyes global expansion

ON Holding AG delivered robust Q2 '23 results, showcasing strong growth in net sales and profitability metrics.
While facing challenges like store closures and wholesale expansion, the company is well-positioned to capitalize on growth opportunities.
Strategic initiatives, brand vitality, and global expansion efforts position ON for continued success in the sportswear market.
Investors can look forward to the Analyst and Investor Day for insights into ON's future plans and trajectory.

ON Holding AG achieves record Q3 sales, eyes multisport expansion

ON Holding AG delivered a stellar performance in Q3 2023, achieving record net sales and profitability milestones.
The company's strategic focus on product innovation, brand expansion, and market presence positions it for continued success.
While facing challenges in transitioning to a multisport brand and managing expansion, ON Holding AG remains optimistic about future growth.
With a strong emphasis on operational efficiency, market strength, and upcoming growth opportunities, the company is poised for sustained success.

ON Holding AG excels in 2023, eyes Olympics and global expansion

ON Holding AG delivered impressive financial results in 2023, setting the stage for continued growth in 2024. The company's strategic focus on brand positioning, partnerships, and operational efficiency bodes well for future success. Challenges in maintaining margins and optimizing inventory require careful management, while opportunities in product innovation and global expansion offer avenues for further growth.

ON Holding AG achieves record sales and strategic growth in Q1 2024

ON Holding AG's Q1 2024 performance showcased record net sales, strong financials, and strategic growth in retail and wholesale segments.
Despite challenges like warehouse automation and store closures, opportunities from strong prebooks, brand partnerships, and market strategies are evident.
The company's focus on product innovation, brand ambassadors, and market expansion positions it well for sustained growth and brand appeal.
Efforts to optimize supply chain, manage currency impact, and attract younger consumers post closures are crucial for future success and growth.

On Holding AG (ONON) reports robust Q2 performance and eyes DTC growth

On Holding AG (ONON) delivered strong financial results in Q2 2024, driven by growth in net sales and profitability. Despite challenges in North America, the company remains optimistic about its outlook for the full year 2024, with a focus on innovation and long-term success.

ON Holding AG achieves record Q3 sales, eyes APAC expansion

ON Holding AG (ONON) delivered exceptional Q3 2024 results, surpassing expectations and demonstrating resilience in the market. With a strong focus on innovation, sustainability, and global expansion, the company is poised for continued growth. ONON anticipates at least 32% constant currency net sales growth for the full year 2024, with a gross profit margin around 60.5%.

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On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, and all-day activities. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own high-end stores. The company was founded by David Allemann, Olivier Bernhard, and Caspar Coppetti in January 2010 and is headquartered in Zurich, Switzerland.

On Holdings is a Swiss company that is gaining popularity in the running shoes and sportswear. The company could triple its sales and still would make less than some competitors like Under Armor today. There's a long run ahead. I think ON is currently a hold after having risen more than 20% post-Q1 2024 results, but I'll be waiting for a buy opportunity in the short term.

On Holding: The Story Of David With The Growth Of Goliath

On Holding beat estimates on the top and bottom lines. The company continues to gain market share amid a difficult environment in its industry.

Why On Holding Stock Jumped This Week

Another record quarter should lead off a record year of sales for On Holding. The company thinks strong demand will result in at least 30% sales growth in 2024.

Is On Holding Stock Going to $45? 1 Wall Street Analyst Thinks So.

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CNBC's Jim Cramer on Thursday picked two footwear stocks he thinks are headed for success: On Holding and Deckers Outdoor.

Cramer picks two 'winning' footwear stocks in a ‘nightmare' athletic apparel market

Gross profit margin improved to 59.7%. Adjusted EBITDA rose by 27% to 77.4 million Swiss francs.

On Holding Posts Strong First-Quarter Results

On Holding AG (NYSE:ONON ) Q1 2024 Earnings Conference Call May 14, 2024 8:00 AM ET Company Participants Jerrit Peter - Head, IR Caspar Coppetti - Executive Co-Chairman and Co-Founder Martin Hoffmann - CFO & Co-CEO Marc Maurer - Co-CEO Conference Call Participants Jay Sole - UBS Tom Nikic - Wedbush Christina Fernandez - Telsey Advisory Group Aubrey Tianello - BNP Paribas Chad Britnell - Morgan Stanley John Kernan - TD Cowen Michael Binetti - Evercore Ashley Owens - KeyBanc Capital Markets Jonathan Komp - Baird Anna Andreeva - Needham Janine Stichter - BTIG Joseph Civello - Truist Securities Dylan Carden - William Blair Adrienne Yih - Barclays Sam Poser - Williams Trading Operator Good day. My name is Dennis, and I will be your conference operator.

On Holding AG (ONON) Q1 2024 Earnings Call Transcript

On had higher-than-expected net sales in its latest quarter, thanks to direct-to-consumer growth. When consumers buy direct from the company, it boosts profits, which is another reason to stay encouraged with this business.

Here's Why On Stock Jumped to a 52-Week High Today

On Holding (ONON) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.16 per share a year ago.

On Holding (ONON) Q1 Earnings and Revenues Beat Estimates

On's NYSE: ONON Q1 results prove it is gaining traction with athletes and is on track to dethrone Nike NYSE: NKE as the god of running shoes. The company's results exceeded expectations on strength in all channels, segments, and geographical regions and are expected to accelerate as the year progresses.

On Shares Move Higher in Race to a New All-Time High

On Holdings saw first-quarter net sales increase 21% from a year prior.

On Holding Stock Jumps After Earnings. Here's Why.

Swiss shoemaker On Running guided 2024 revenue growth ahead of analyst estimates with its Q1 earnings beat.

On Running Stock Leaps On Major Earnings Beat, Record Revenue

On Holding, the Swiss apparel maker backed by tennis legend Roger Federer, said its first-quarter profit more than doubled on strong direct-to-consumer sales.

On Holdings more than doubles profit

ZURICH--(BUSINESS WIRE)--On Reports First Quarter 2024 Results.

On Reports First Quarter 2024 Results

On Holding's (ONON) first-quarter 2024 results are likely to benefit from heightened brand demand, introduction of new stores and an expanding footprint in China.

On Holding (ONON) Gears Up for Q1 Earnings: What's in Store?

On Holding's share price has been stuck in a range due to waning revenue growth and a lack of beat-and-raise guidance in the last two quarters. The slowdown in sales was intentional as the company reorganized its wholesale operations for profitable growth. The overall business is in good shape and Q1 should be a trough quarter in terms of growth rates, followed by reacceleration in the following quarters.

On Holding Needs A Strong First Quarter For Renewed Momentum

Nike (NYSE: NKE) stock price is not doing well, making it one of the worst-performing name in the Dow Jones. It has crashed by over 47% from its highest level in 2021 and it formed a death cross on the weekly chart, pointing to more downside.

Hate Nike? On Holding (ONON) stock could be the next big thing

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TD Cowen sees evidence of strong momentum in new customer acquisition. The firm raised the price target on the shares to $38 ahead of the company's first-quarter update.

1 Wall Street Analyst Thinks On Holding Stock Is Going to $38. Is It a Buy?

On reported strong fourth-quarter results in March, but the market found them disappointing. Part of the problem was currency fluctuations.

Why On Stock Dropped 10% in April

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ZURICH, Switzerland--(BUSINESS WIRE)--On to Release First Quarter 2024 Results on Tuesday, May 14, 2024.

On to Release First Quarter 2024 Results on Tuesday, May 14, 2024

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News for On Holding AG Stock (ONON)