Welcome to our dedicated page for On Hldg news (Ticker: ONON), a resource for investors and traders seeking the latest updates and insights on On Hldg stock.
On Holding AG (NYSE: ONON) delivers cutting-edge performance footwear and athletic apparel through its patented cloudtec® technology. This news hub provides investors and industry observers with essential updates on corporate developments, financial milestones, and market strategies.
Access real-time press releases covering earnings announcements, product innovations, and strategic partnerships. Our curated news collection simplifies tracking ONON's global expansion and technological advancements in the competitive sports apparel sector.
Key updates include quarterly financial results, executive leadership changes, sustainability initiatives, and distribution network expansions. All content is verified through primary sources to ensure accuracy and timeliness.
Bookmark this page for streamlined access to official ONON communications. Combine these updates with fundamental analysis tools for comprehensive investment research in the dynamic athletic wear market.
On (NYSE: ONON) announced a significant leadership transition, moving to a single-CEO structure effective July 1, 2025. Current Co-CEO and CFO Martin Hoffmann will become the sole CEO, while Co-CEO Marc Maurer will depart after 12 years of leadership.
The company, which achieved record net sales of CHF 2.3bn and net income of CHF 242m in fiscal year 2024, also announced four key senior appointments: Katarina Berg as Chief People Officer, Scott Maguire as Chief Innovation Officer, Adib Sisani as Chief Communications Officer, and Craig Jones as Chief Supply Chain Officer.
The founders will continue their executive roles, with David Allemann and Caspar Coppetti as Executive Co-Chairmen and Olivier Bernhard as Executive Board Member. Following Maurer's departure, his Class B shares will undergo a sunset process, with 36% being acquired by founders and 64% proposed for conversion into Class A Ordinary Shares.
On Holding AG (NYSE: ONON) reports exceptional financial results for 2024, surpassing all outlook metrics. Net sales reached CHF 2,318.3 million, growing 29.4% year-over-year (33.2% constant currency). The company achieved a gross profit margin of 60.6% and net income of CHF 242.3 million.
Fourth quarter performance was particularly strong with net sales of CHF 606.6 million, up 35.7% year-over-year. Direct-to-consumer (DTC) sales reached a record 48.8% share of Q4 net sales, contributing to a record-breaking 62.1% gross profit margin.
Looking ahead to 2025, On projects at least 27% constant currency growth, targeting net sales of CHF 2.94 billion at current rates. The company expects a gross profit margin around 60.5% and adjusted EBITDA margin of 17.0-17.5%.
Swiss performance sportswear brand On (NYSE: ONON) has scheduled the release of its fourth quarter and full year 2024 financial results for Tuesday, March 4, 2025, before U.S. financial markets open. The company will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time (2 p.m. Central European Time) on the same day.
Investors can access the live conference call through various international dial-in numbers, including: United States (+1 646 307 19 63), United Kingdom (+44 203 481 42 47), and Switzerland (+41 43 210 51 63) using Conference ID: 1279252. A live webcast will be available on On's investor relations website, with a recording accessible after the call.
On (NYSE: ONON), the Swiss performance sportswear brand, has announced its participation in the 2025 ICR Conference. The company's management will engage in a fireside chat scheduled for Monday, January 13, 2025, at 1:30 pm US Eastern Time (07:30 pm Central European Time).
The event will be accessible through a live webcast on the company's investor relations website. For those unable to attend the live session, a replay will be made available on On's website following the conclusion of the fireside chat.
On Holding AG (NYSE: ONON) reports record Q3 2024 results with net sales increasing 32.3% to CHF 635.8 million. Direct-to-consumer (DTC) channel grew 49.8%, representing 38.8% of total sales. The company achieved its highest gross profit margin since IPO at 60.6%, up from 59.9% year-over-year. Based on strong performance, On raises its full-year 2024 outlook, expecting net sales growth of at least 32% to CHF 2.29 billion, with an anticipated gross profit margin of 60.5% and adjusted EBITDA margin at the upper end of 16.0-16.5%.
Performance sportswear brand On (NYSE: ONON) has scheduled its third quarter 2024 financial results release for Tuesday, November 12, 2024, before U.S. market opening. The company will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time (2 p.m. Central European Time) on the same day. The conference call will be accessible via telephone in the United States, United Kingdom, and Switzerland, with a dedicated conference ID: 4064831. A live webcast will be available on On's investor relations website, with a recording posted afterward.
On Holding AG (NYSE: ONON) reports record Q2 2024 results, with net sales reaching CHF 567.7 million, a 27.8% year-over-year growth. The company's multi-channel strategy shows strength across regions and products, with standout performances in Asia-Pacific (73.7% growth) and apparel (63.0% growth). Gross profit margin improved to 59.9%, while net income significantly expanded to CHF 30.8 million. On reiterates its full-year 2024 guidance, expecting at least 30% constant currency growth and reported net sales of CHF 2.26 billion. The company continues to focus on being a premium global sportswear brand, launching initiatives like the LightSpray™ technology and partnering with Zendaya.
On (NYSE: ONON), a Swiss performance sportswear brand, has announced the release of its second quarter 2024 financial results on Tuesday, August 13, 2024, before U.S. financial markets open. The company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time (2 p.m. Central European Time) on the same day.
Investors and analysts can access the live conference call via telephone using specific dial-in numbers for the United States, United Kingdom, and Switzerland. A live webcast of the call will also be available on the company's investor relations website. Following the call, a recording will be accessible on On's website for those unable to attend the live event.
Swiss performance sportswear brand On (NYSE: ONON) has elected Laura Miele as an independent member of its Board of Directors and a member of its Audit Committee. Miele brings substantial experience from Electronic Arts (EA), where she is President of EA Entertainment & Technology. Her expertise includes digital transformation, expanding consumer demographics, and managing international teams. On’s Co-Founder, Caspar Coppetti, expressed confidence in Miele’s ability to contribute to the Board’s expertise. Miele also expressed enthusiasm about supporting On’s next growth phase. The Board confirms that Miele meets all independence and financial literacy requirements set by the SEC and NYSE.
On Holding AG (NYSE: ONON) reported record net sales of CHF 508.2 million in Q1 2024, a 20.9% increase year-over-year, and 29.2% growth on a constant currency basis. This milestone was driven by a 39.0% surge in direct-to-consumer (DTC) sales, contributing to a 59.7% gross profit margin, up from 58.3% last year. Net income more than doubled to CHF 91.4 million, with an adjusted EBITDA of CHF 77.4 million. The company predicts at least 30% net sales growth for 2024, aiming for CHF 2.29 billion in sales. Key regions such as the Americas and Asia-Pacific showed strong growth, while new verticals like Tennis and Training have expanded their market reach.
