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.
Swiss sportswear brand On (NYSE: ONON) will join the ICR Conference with a fireside chat on January 11, 2022, at 10:00 am US Eastern Time. The chat will be accessible via a live webcast on the investor relations website. A replay will also be available post-event. On, known for its innovative CloudTec® technology, creates high-performance footwear and apparel, aiming to enhance the running experience.
On (NYSE: ONON), a Swiss performance sportswear brand, announced a partial early lock-up release of Class A ordinary shares. Approximately 11.8 million shares will be eligible for public sale starting November 19, 2021, following the satisfaction of conditions related to share price. This early release involves 10% of the shares under lock-up agreements for directors, officers, and other shareholders. However, the restricted period remains for all other shares subject to these agreements.
On Holding AG reported a strong Q3 2021 with net sales of CHF 218.0 million, up 67.6% year-over-year, and a gross margin increase to 60.2%. Direct-to-consumer sales surged 93%, while adjusted EBITDA rose 67.9% to CHF 37.9 million. The company expects net sales of CHF 710 million and adjusted EBITDA of CHF 92 million for FY 2021, reflecting growth despite supply chain challenges. Their new foam, CleanCloud™, aims to innovate away from petroleum resources. Cash increased 641.6% to CHF 672.2 million as of September 30, 2021.
On, a Swiss sports brand, has launched CleanCloud™, a new foam material made from carbon emissions, marking a shift away from petroleum-based resources. This innovation is the first of its kind in the footwear industry and follows four years of research and collaboration with partners LanzaTech and Borealis. CleanCloud™ aims to replace current EVA foam in On shoes, aligning with sustainability goals by capturing emissions from industrial processes. The initiative represents On's commitment to innovation and reducing greenhouse gas emissions, following its recent public listing on the NYSE.
On (NYSE: ONON) will release its Q3 2021 financial results on November 16, 2021, before U.S. markets open. A conference call will take place at 8:00 AM ET on the same day, with access via multiple international phone lines. The call will also be available as a live webcast on the Company’s investor relations website. On is recognized for its innovative sportswear, particularly in premium footwear, and operates in over 60 countries, nurturing a growing global community.
On, a Swiss performance sportswear brand, announced its initial public offering (IPO) pricing of 31,100,000 Class A ordinary shares at $24.00 per share. Of these, 25,442,391 shares are being offered by On, while 5,657,609 shares are from selling shareholders. The offering includes an underwriter option for an additional 4,665,000 shares. Trading is set to commence on the New York Stock Exchange under the symbol 'ONON' on September 15, 2021, with closing expected on September 17, 2021, pending customary conditions.
On, a Swiss performance sportswear brand, has launched its initial public offering (IPO) of 31,100,000 Class A ordinary shares. The offering comprises 25,442,391 shares from On and 5,657,609 shares from selling shareholders, with an additional 4,665,000 shares for over-allotments. The expected IPO price ranges from $18.00 to $20.00 per share. On plans to list under the symbol ONON on the New York Stock Exchange. Major underwriters for the offering include Goldman Sachs, Morgan Stanley, and J.P. Morgan.
On, a global performance sportswear brand, has filed a registration statement on Form F-1 with the SEC for a proposed initial public offering (IPO) of its Class A ordinary shares. The number of shares and price range are yet to be determined. The company aims to list its stock on the New York Stock Exchange under the symbol ONON. Goldman Sachs, Morgan Stanley, and J.P. Morgan are the lead managers of the offering.
The registration has been filed but is not yet effective, and there are no guarantees on the offering's completion.