The Latest Breaking News from On Holding

The stock market showed volatile, divergent action as a handful of megacaps propped up the Nasdaq while banks kept tumbling.

Stocks rallied Tuesday with the Fed decision on tap as banking fears eased. GME stock leapt late. First Republic rose.

On Holding AG (NYSE:ONON) reported first-quarter FY22 sales growth of 67.9% year-on-year, to CHF 235.7 million, compared to CHF 140.4 million the previous year. Sales through the direct-to-consumer (DTC) channel increased 68.0% to CHF 83.4 million, and the wholesale channel grew 67.8% to CHF 152.3 million. The gross profit margin for the quarter…

Over the past 3 months, 6 analysts have published their opinion on On Holding (NYSE:ONON) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Although On Holding AG (NYSE: ONON) is well positioned to gain share in the global sportswear market, estimated at $410 billion, there are concerns around the company’s long-term growth and margin aspirations, given “execution risk to achieving scale and subpar levels of marketing investment,&rdqu

Upgrades

Within the last quarter, On Holding (NYSE:ONON) has observed the following analyst ratings:

Upgrades

Over the past 3 months, 4 analysts have published their opinion on On Holding (NYSE:ONON) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.