STOCK TITAN
  1. Home
  2. News
  3. ONON

On Holding AG - ONON STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect On Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of On Holding's position in the market.

News
On Announces Fourth Quarter and Full Year Results, and the Filing of its Annual Report on Form 20-F for 2023
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.86%
Tags
none
-
News
On to Release Fourth Quarter and Full Year 2023 Results on Tuesday, March 12, 2024
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
Tags
earnings
-
News
On to Participate in Fireside Chat at the 2024 ICR Conference
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
News
On Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2023
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
earnings
-
News
On to Release Third Quarter Results on Tuesday, November 14, 2023
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
earnings
-
News
On Announces its Three Year Financial Outlook, Confirming its Ongoing Commitment to Combine Strong Growth with Increasing Profitability
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
News
On to Host Investor Day on October 4, 2023
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
-
News
On Releases its 2022 Impact Progress Report
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
-
News
On Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2023
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
earnings
News
On to Release Second Quarter Results on Tuesday, August 15, 2023
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
earnings
Stock ONON logo
On Holding AG

NYSE:ONON

ONON Rankings

#791 Ranked by Market Cap
#524 Ranked by Stock Gains
N/A Ranked by Dividends

ONON Stock Data

10.48B
208.15M
25.87%
58.22%
9.2%
Footwear Manufacturing
Manufacturing
Link
Switzerland
Zurich

About ONON

on is a rapidly growing sports company based in zurich, switzerland, yokohama, japan and portland, oregon that develops and markets a ground-breaking running shoe technology and has a simple mission: elevating running to a fun sport. on has been awarded the gold award for the best performance shoe 2013 at the international ispo sports fair and continues to win technology and design prizes all over the globe. on’s cloudtec® system has received worldwide patents and the young company can look back at the probably fastest launch of a new running brand: five years after launch, on is already available at over 1800 running specialists in 30 countries across europe, asia-pacific and americas. on has been featured on bloomberg and fox business news, in forbes, wall street journal, espn magazine, the independent, the guardian, wallpaper magazine, monocle, wired, gq, men’s health, runner’s world and many others. more than 80 elite athletes run the on, amongst them olympic gold medallist nicola