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.

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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.

NIKE

On has outperformed Nike since its public debut in 2021. The upstart is growing rapidly, and its gross margin is expanding.

Best Stock to Buy: On Holding vs. Nike

On shares a lot of the same strengths as the sportswear powerhouse. And it's growing much faster than Lululemon when it was at a similar stage.

Could On Holding Become the Next Lululemon?

On carved a high-growth niche with its CloudTec running shoes. Its focus on high-end consumers and the expansion of its DTC channel are boosting gross margins and profits.

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Nike's inventory decrease suggests a positive outlook for the sporting goods sector and a likely gross margin recovery. On feels comfortable with its 2026 targets. Higher sales, new store openings, and operating leverage are critical advantages of On Holding's earnings growth story. On Holding's product innovation and growth potential led the company to an upgraded valuation.

On Holding: Positive Take Priced In

Increasingly more people are wearing On Running shoes today, marking the brand's shift from elite running circles to widespread consumer adoption. On Holding AG is taking market share from larger footwear companies like Nike, Adidas, Under Armour, etc., and I expect this trend to last for at least another few years. Strong revenue growth, expanding margins, increasing profitability, and global brand makes On Running one of the best consumer stocks going into 2024.

On Holding On The Run: Mini Deep Dive For On Running

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On Holding had another great year of growth as its running shoes keep winning over new fans. The company wants to make headway on profitability over the next three years.

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Lululemon Athletica

Lululemon's non-seasonal merchandise leads to more full-price sales and an unmatched operating margin. Swiss running shoe maker On Holding is sprinting ahead with sales as it builds its brand around the world.

On Holding vs. Lululemon: Which Premium Activewear Stock Will Be the Winner in 2024?

One Wall Street analyst believes On stock could have 30% upside as it grows revenue and becomes more profitable. The company's direct-to-consumer business is excelling, which gives credibility to Wall Street's bullish outlook.

Is On Holding Stock Going to $40? 1 Wall Street Analyst Thinks So

Nike is the king of sports shoes and apparel, but On Holding may be the better stock.

Better Stock: Nike or On Holding?

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Airbnb has become a verb in the travel business, and it's a cash flow machine for investors. On Holding is one of the fastest-growing sports brands, and its value is attractive compared to leaders like Nike.

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Fast-growing On Holding is giving the big sneaker brands a run for their money. Live concert operator Live Nation has a promising outlook over the next 10 years.

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In the competitive field of running shoes, On Holding is gaining a lot of traction. The footwear maker is catching on with athletes focused on performance.

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On's sponsored athletes have recently had some high-profile wins, which increase brand awareness, per management. The company uses a no-discounting policy and collaborations with luxury product retailers to maintain its premium product positioning.

3 Key Things From On Holding's (ONON) Earnings Call That Investors Should Know

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Third-quarter sales surged 47% year over year. Adjusted earnings per share soared 186% year over year.

On Holding Stock Stumbles Despite Earnings Beat and Raised 2023 Guidance

On Holding AG reported solid Q3 earnings and raised the guidance for the remainder or the year. ONON stock is trading at a slight premium to Nike and Lululemon, but it's justified given its growth rate. If the global economy doesn't fall off a cliff in 2024, On Holding will continue to perform well and take market share from competitors.

On Holding AG: Solid Q3 Earnings And Compelling Valuation

On Holding AG (ONON) Q3 2023 Earnings Call Transcript

On Holding (ONON) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.07 per share a year ago.

On Holding (ONON) Q3 Earnings and Revenues Beat Estimates

ZURICH--(BUSINESS WIRE)--On Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2023.

On Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2023

ZURICH, Switzerland--(BUSINESS WIRE)--Swiss performance sportswear brand On (NYSE: ONON) announced today that the Company will release its third quarter 2023 financial results on Tuesday, Nov. 14, 2023 before U.S. financial markets open.

On to Release Third Quarter Results on Tuesday, November 14, 2023

In the most recent trading session, On Holding (ONON) closed at $26.02, indicating a +1.8% shift from the previous trading day.

News for On Holding AG Stock (ONON)