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On Hldg Ag - ONON STOCK NEWS

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.

Overview

On Holding AG (symbol: ONON) is a premium performance sports brand that combines advanced performance technology, innovative design, and a global market approach to redefine the running experience. The company is renowned for its groundbreaking running shoe technology and signature cloudtec® system, a patented solution that enhances cushioning and energy return. Recognized by international sports awards and featured in globally respected publications, On has quickly established itself as an influential player in the athletic footwear and performance apparel sectors.

Core Business and Technology

At its core, On Holding AG designs and markets high-performance running shoes, apparel, and accessories. The company’s innovative cloudtec® system represents a fusion of technology and design, offering a unique solution that optimizes shock absorption and energy efficiency. Emphasizing a blend of contemporary aesthetics with functional performance, the brand focuses on delivering products aimed at both elite athletes and everyday runners, ensuring an enhanced and enjoyable athletic experience.

Business Model and Manufacturing

On operates on a business model that centers on design excellence and strategic partnerships. It does not engage in the direct manufacture of its products; instead, it collaborates with carefully selected third-party suppliers and contract manufacturers to translate its designs into high-quality running shoes and sports apparel. This approach allows the company to focus on innovation, technology integration, and superior design while maintaining flexibility in production and rapid scalability in global markets.

Global Market Presence

The company derives a significant portion of its revenue from the Americas, supplemented by robust operations in Europe, the Middle East, Africa, and the Asia-Pacific region. With a wide-reaching distribution network that includes specialty running stores and sports retailers, On has rapidly expanded its global footprint. Its strategic market entry, characterized by rapid brand adoption, illustrates how a clear value proposition and technological excellence can drive international market success.

Awards and Industry Recognition

On Holding AG has consistently attracted global attention through an array of prestigious awards and recognition from industry experts. The company has been honored for its performance and design, reinforcing the credibility of its pioneering cloudtec® technology and underscoring its operational excellence. Media coverage in authoritative sources further demonstrates its significant impact and established reputation in the competitive athletic footwear market.

Competitive Landscape

Within the dynamic world of sports technology and performance sportswear, On distinguishes itself through a clear focus on innovation and quality. While many competitors may concentrate on volumetric production or traditional design methods, On emphasizes advanced technology integration combined with minimalist design philosophy. This focus not only supports its rapid market expansion but also positions it as a unique player among athletic brands. Its strategic reliance on external manufacturing partnerships allows the company to remain agile and responsive to evolving market trends, underscoring its commitment to both technological innovation and operational efficiency.

Market Strategy and Investment Considerations

On Holding AG's approach to market strategy is founded on leveraging design innovation and technological advancements to capture a diverse customer base. The company’s alignment with global distribution networks, recognition from elite athletes, and consistent media presence contribute to a robust market positioning. By concentrating on a high-quality product offering that marries functionality with style, the brand addresses both performance and lifestyle segments without compromising on technical excellence.

Understanding the Value Proposition

For investors and financial analysts, On Holding AG represents an intriguing combination of innovative design, strategic global partnerships, and a strong brand narrative driven by technological breakthroughs. The logically segmented business model, which differentiates product design from manufacturing, enables it to efficiently manage resources and scale operations. This clear focus on creating a differentiated product with tangible technological benefits positions On as a significant contributor to the evolving landscape of performance sportswear, appealing to both the elite athlete and the dedicated enthusiast.

Rhea-AI Summary

On, a Swiss performance sportswear brand listed on NYSE as ONON, will release its first quarter 2024 financial results on May 14, 2024. The earnings conference call and webcast will be held at 8 a.m. U.S. Eastern Time. No access code needed to dial in for the call.

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On Holding AG (NYSE: ONON) exceeded expectations in 2023 with a 46.6% year-over-year net sales growth, reaching CHF 1,792.1 million. The company reported a gross profit margin of 59.6%, net income of CHF 79.6 million, and an adjusted EBITDA margin of 15.5%. On's Q4 2023 net sales increased by 21.9% year-over-year to CHF 447.1 million. The company aims for a constant currency net sales growth rate of at least 30% in 2024, with expected reported net sales of at least CHF 2.25 billion.
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On (ONON) will report its Q4 and full year 2023 financial results on Mar. 12, 2024, followed by an earnings conference call and webcast. Investors can access the call via phone or webcast.
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On (NYSE: ONON) to participate in 2024 ICR Conference, management to hold fireside chat on January 8, 2024. Live webcast and replay available on investor relations website.
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On Holding AG (NYSE: ONON) announces strong results for the first nine months of 2023, with net sales reaching CHF 1,345.0 million YTD. Q3 2023 net sales increased by 46.5%, driven by the DTC channel, reflecting the strength of the On brand. On also raises its net sales outlook for the full year 2023 to CHF 1.79 billion and expects a higher gross profit margin of at least 59.0%.
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Swiss performance sportswear brand On (NYSE: ONON) will release its Q3 2023 financial results on Nov. 14, 2023. The earnings conference call and webcast will be held at 8 a.m. ET. Access to the call can be made through telephone or webcast.
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On has over-delivered on its IPO growth strategies, adding over CHF1bn in Net Sales since its NYSE listing. It aims to double its expected full year 2023 net sales and increase its adjusted EBITDA margin to 18%+. Three strategic growth pillars will fuel future growth. Financial ambitions include doubling net sales to at least CHF 3.55 billion by 2026 and exceeding 60% gross profit margin. Long-term targets include driving towards an apparel share of 10%+, an own retail share of 10%+, and a China share of 10%+.
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On (NYSE: ONON) to host Investor Day on Oct. 4, 2023 at On Labs in Zurich, Switzerland. Event will cover strategic initiatives and financial outlook. In-person attendance by invitation only. Livestream available.
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On makes strides against ambitious sustainability goals, increases use of recycled polyester to 85%
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ONON - On Holding AG Announces Record-Breaking Q2 2023 with Net Sales of CHF 444.3 million, a 52.3% YoY Growth. Direct-to-consumer channel outperforms wholesale, achieving 54.7% growth. On raises net sales outlook for fiscal year 2023 to CHF 1.76 billion, implying a full year growth rate of 44% and second half year growth rate of close to 30%.
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FAQ

What is the current stock price of On Hldg (ONON)?

The current stock price of On Hldg (ONON) is $39.61 as of April 4, 2025.

What is the market cap of On Hldg (ONON)?

The market cap of On Hldg (ONON) is approximately 11.8B.

What is On Holding AG's primary business focus?

On Holding AG specializes in designing and marketing premium performance sportswear, including innovative running shoes and apparel, with a focus on advanced technology and design.

How does the company integrate technology into its products?

The company is known for its patented cloudtec® system, which enhances cushioning and energy return, reflecting its commitment to merging technology with athletic performance.

What is the company’s business model?

On Holding AG operates by focusing on in-house design and technological innovation while relying on third-party suppliers and contract manufacturers to produce its products.

Which regions contribute to On Holding AG's revenue?

The company garners the majority of its revenue from the Americas, with additional market presence in Europe, the Middle East, Africa, and the Asia-Pacific region.

How has On Holding AG established its market presence?

Through strategic partnerships, a global distribution network, and recognition from international awards and media outlets, On has rapidly expanded its influence in the athletic footwear sector.

What differentiates On Holding AG from other athletic brands?

On distinguishes itself with its unique cloudtec® technology, innovative design, and a business model that emphasizes design excellence while leveraging external manufacturing partnerships.

How does the company cater to both elite athletes and everyday runners?

By blending high-performance technology with stylish design, On offers products that meet the demands of elite athletes and the preferences of casual and recreational runners alike.
On Hldg Ag

NYSE:ONON

ONON Rankings

ONON Stock Data

11.79B
223.14M
22.87%
61.68%
4.52%
Footwear & Accessories
Consumer Cyclical
Link
Switzerland
Zurich