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) is a Swiss performance sportswear brand that regularly issues detailed updates on its business, strategy, and financial performance. Company news emphasizes its premium positioning in footwear, apparel, and accessories for high-performance running, outdoor, training, all-day activities, and tennis, as well as its broader vision to ignite the human spirit through movement.
Investors and followers of ONON news can expect frequent earnings announcements and trading updates. The company routinely reports quarterly and full-year results, highlighting net sales growth, regional performance across EMEA, the Americas, and Asia-Pacific, and the balance between direct-to-consumer and wholesale channels. These releases often include commentary on non-IFRS measures such as adjusted EBITDA and net sales on a constant currency basis, which On uses to evaluate its performance.
On’s news flow also covers strategic and corporate developments. Recent communications have included leadership changes, such as the evolution to a single-CEO structure, appointments of senior executives in areas like innovation, people, communications, and supply chain, and changes to the Board of Directors. The company also announces participation in investor conferences and provides information on upcoming earnings calls and webcasts.
Brand and product-related news highlights On’s technology and design focus, including references to CloudTec® and LightSpray™ innovations, as well as the expansion of its apparel category and global retail footprint. Releases frequently mention the brand’s presence in more than 80 countries and its engagement with a global community, along with milestones in performance credibility and cultural relevance.
This ONON news page aggregates such updates so readers can follow financial results, leadership developments, strategic initiatives, and brand milestones in one place. It is a useful reference for tracking how On communicates its progress toward its stated ambition to be a premium global sportswear brand.
On Holding AG reported robust financial results for Q3 2022, achieving net sales of CHF 328 million, a 50.4% increase year-over-year, and for the first nine months, net sales reached CHF 855.4 million, up 60.3%. The Asia-Pacific region experienced significant growth of 85.2%. Despite challenges, including foreign exchange impacts and supply chain constraints, net income rose to CHF 20.6 million. The company raised its 2022 guidance to CHF 1.125 billion in net sales and CHF 148 million in adjusted EBITDA. On also highlighted innovative product launches and achievements in sustainability.
On, the Swiss performance sportswear brand, is set to release its third quarter 2022 financial results on November 16, 2022, before U.S. markets open. A conference call will be held at 8:00 AM ET on the same day, with options for international participants. The earnings call can be accessed via phone or a live webcast available on the company’s investor relations website. On continues to expand its presence in the sportswear market, focusing on innovation and sustainability.
On Holding AG (NYSE: ONON) released its 2021 Impact Progress Report, highlighting significant advances in sustainability initiatives. Key achievements include the launch of the first fully recyclable running shoe through the Cyclon program and a commitment to reduce emissions per unit of value-added by 55% by 2030. By the end of 2021, 53% of polyester and 63% of polyamide used were recycled, with 95% of cotton sourced sustainably. On also aims to enhance social impact through its 'Right to Run' program, partnering with 17 organizations to foster community engagement.
On Holding AG reported strong financial performance for Q2 2022, achieving net sales of CHF 291.7 million, a 66.6% increase year-over-year. The company's net income surged to CHF 49.1 million, and adjusted EBITDA rose to CHF 31.4 million. Despite a decrease in gross profit margin to 55.1%, On raised its full-year net sales guidance to at least CHF 1.1 billion and adjusted EBITDA to CHF 145 million. North American sales grew exceptionally by 102.5%. The company also made progress in sustainability with the launch of a recyclable running shoe.
Swiss sportswear brand On (NYSE: ONON) will release its Q2 2022 financial results on August 16, 2022, before U.S. markets open. A conference call for investors will be held at 8:00 AM ET on the same day. Participants can join via phone or webcast. On's innovative products continue to attract a growing global customer base. The company aims to provide high-performance running and outdoor apparel.
On (NYSE: ONON) has appointed Dennis Durkin as an independent member of its Board of Directors and Chairman of the Audit Committee. David Allemann, Co-Founder, expressed enthusiasm for Durkin's experience, following the prior appointment of Amy Banse. Durkin's background includes serving as CFO at Activision Blizzard and positions at Microsoft, contributing to a strengthened and independent board. His appointment fulfills independence requirements and enhances financial oversight.
On Holding AG reported a robust Q1 2022, with net sales increasing by 67.9% to CHF 235.7 million. The company achieved record performance through its direct-to-consumer and wholesale channels, bolstered by strong consumer demand and successful product launches. Despite supply chain challenges, net income rose to CHF 14.3 million, while gross profit margin decreased to 51.8%. The firm has raised its full-year guidance to expect over CHF 1.04 billion in sales. Notably, On launched the environmentally friendly Cloud 5, setting a historical milestone in product innovation.
On (NYSE: ONON) will release its Q1 2022 financial results on May 17, 2022, before U.S. markets open. A conference call is scheduled for 8:00 AM ET on the same day, accessible via phone and a live webcast on the investor relations website. The company, known for its innovative running footwear and apparel, continues to grow its global fanbase, emphasizing its commitment to the circular economy and premium performance sportswear. Investors can join the call with no access code required.
On Holding AG reported a record year in 2021 with net sales of CHF 724.6 million, marking a 70.4% increase from 2020. The company's gross profit margin improved to 59.4%, while adjusted EBITDA rose to CHF 96.4 million, a 93.8% increase year-over-year. The direct-to-consumer segment grew by 71.9%, reflecting strong global demand. For 2022, On expects net sales to exceed CHF 990 million and adjusted EBITDA of CHF 130 million, despite anticipated supply chain challenges. Notable partnerships and expansion plans are set to further enhance brand visibility and growth.
Swiss performance sportswear brand On (NYSE: ONON) will release its fourth quarter and full year 2021 financial results on March 18, 2022, before U.S. financial markets open. An earnings conference call will follow at 8:00 am ET. To join, dial +1 760 294 16 74 in the U.S. and find additional international numbers in the official release. A webcast will also be available. On continues to innovate in premium sportswear and has a growing global presence, aiming to inspire customers to pursue outdoor activities.