On Holding Shares Drop Sharply as Q2 Sales Miss Expectations Despite Strong Profits
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 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.
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.