On Holding Stock Falls Despite Record Sales as Investors Seek Stronger Guidance
On Holding reported record Q3 sales of CHF 931.4M, yet shares dropped as management only reiterated full-year growth outlook.
On Holding reported record Q3 sales of CHF 931.4M, yet shares dropped as management only reiterated full-year growth outlook.
Analysts see limited near-term impact but flag longer-term risk.
On Holding unveils 2029 plans: high-teens sales growth, CHF 5.6B revenue, 22% EBITDA margin, and its first $1 billion share repurchase program.
Kylian Mbappé has left Nike after nearly 20 years to partner with On. The Swiss brand is entering football, with first boots planned for 2027.
On Holding shares dropped as Q2 net sales of CHF 850.3M missed consensus estimates, even with strong 65.4% gross margin and robust DTC growth.
On posts record Q1 2026 sales (CHF 831.9M), strong profit growth, Asia surge, and raises outlook despite tariffs.