Shares of On Holding Tumble Following CEO Shake-Up
On Holding shares fell after announcing a major leadership shake-up. Co-founders David Allemann and Caspar Coppetti will serve as Co-CEOs from May 1, 2026, as CEO Martin Hoffmann steps down.
On Holding shares fell after announcing a major leadership shake-up. Co-founders David Allemann and Caspar Coppetti will serve as Co-CEOs from May 1, 2026, as CEO Martin Hoffmann steps down.
Swiss sneaker brand On, backed by Roger Federer, reports strong 2025 growth but disappoints with a conservative 2026 outlook, causing stock dip.
On Holding (ONON) boosts annual revenue forecast to $3.7B after Q3 sales beat expectations, driven by strong demand in Europe and Asia despite price increases.
On reports exceptional Q2 2025 results, driven by strong DTC and Asia-Pacific growth. The company raises full-year guidance for sales and profitability, maintaining its premium brand strategy despite new tariffs.