STOCK TITAN

On Holding AG - ONON STOCK NEWS

Welcome to our dedicated page for On Holding news (Ticker: ONON), a resource for investors and traders seeking the latest updates and insights on On Holding stock.

On Holding AG is a rapidly growing sports company based in Zurich, Switzerland, with additional offices in Yokohama, Japan, and Portland, Oregon. The company is renowned for developing and marketing innovative running shoe technology, with a mission to make running a fun and accessible sport for everyone.

On's groundbreaking CloudTec® system, which has received worldwide patents, is at the heart of its product line. This technology has garnered numerous awards, including the Gold Award for Best Performance Shoe 2013 at the International ISPO Sports Fair. On’s reputation for quality and innovation is further evidenced by its presence in over 1,800 running specialist stores across 30 countries within just five years of its launch.

Notable for its rapid growth, On has been featured in major publications such as Bloomberg, Fox Business News, Forbes, Wall Street Journal, ESPN Magazine, The Independent, The Guardian, Wallpaper Magazine, Monocle, Wired, GQ, Men’s Health, and Runner’s World. The brand is also endorsed by over 80 elite athletes, including Olympic Gold Medalist Nicola Spirig.

On Holding AG does not manufacture its products or raw materials; instead, it relies on third-party suppliers and contract manufacturers. The company offers a wide range of shoes, apparel, and accessories designed for both athletic and casual use. This strategy allows On to focus on design, technology, and the overall customer experience while ensuring high-quality manufacturing standards through its partners.

Recent achievements include expanding its product line and enhancing its global distribution network. On continues to invest in research and development to push the boundaries of sports technology and design. The company's commitment to sustainability and innovation positions it as a leader in the sportswear industry.

For investors, On Holding AG (symbol: ONON) represents a dynamic opportunity in the premium performance sports brand market, continuously making strides in technology, design, and global market presence.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
Tags
conferences
-
Rhea-AI Summary
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%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.43%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.27%
Tags
Rhea-AI Summary
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%+.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.62%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.72%
Tags
conferences
-
Rhea-AI Summary
On makes strides against ambitious sustainability goals, increases use of recycled polyester to 85%
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
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%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.98%
Tags
-
Rhea-AI Summary
On (ONON) to Release Q2 2023 Financial Results on Aug. 15, 2023. Earnings Conference Call Scheduled at 8 a.m. ET
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.2%
Tags
-
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.72%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.58%
Tags
none

FAQ

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

The current stock price of On Holding (ONON) is $62.16 as of January 28, 2025.

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

The market cap of On Holding (ONON) is approximately 20.1B.

What is On Holding AG?

On Holding AG is a rapidly growing sports company known for its innovative running shoe technology, headquartered in Zurich, Switzerland.

What products does On Holding AG offer?

On Holding AG offers a range of shoes, apparel, and accessories designed for athletic, casual, and leisure use.

What is the CloudTec® system?

The CloudTec® system is On's groundbreaking running shoe technology, designed to provide superior cushioning and performance.

Where is On Holding AG headquartered?

On Holding AG is headquartered in Zurich, Switzerland, with additional offices in Yokohama, Japan, and Portland, Oregon.

What awards has On Holding AG won?

On Holding AG has won numerous awards, including the Gold Award for Best Performance Shoe at the 2013 International ISPO Sports Fair.

Who endorses On's products?

More than 80 elite athletes, including Olympic Gold Medalist Nicola Spirig, endorse On's products.

Does On Holding AG manufacture its own products?

No, On Holding AG relies on third-party suppliers and contract manufacturers for its products and raw materials.

In how many countries are On's products available?

On's products are available in over 30 countries across Europe, Asia-Pacific, and the Americas.

What is On Holding AG's stock symbol?

On Holding AG's stock symbol is ONON.

Where can I find news about On Holding AG?

You can find the latest news about On Holding AG on financial news websites, including Bloomberg, Fox Business News, and Forbes.
On Holding AG

NYSE:ONON

ONON Rankings

ONON Stock Data

20.07B
219.21M
24.09%
65.22%
5.97%
Footwear & Accessories
Consumer Cyclical
Link
United States of America
Zurich