On Holding's Q3: Record Sales, Raised Outlook
Update: 2025-11-12
Description
On November twelfth, On Holding, the Swiss sneaker brand, saw a significant boost in premarket trading following the release of stronger than expected third-quarter results. Earnings per share of 0.36 Swiss francs surpassed analyst predictions, while total revenue climbed to 794.4 million Swiss francs. The company attributed this growth to a 24.9% increase in net sales, driven by robust demand in both direct-to-consumer and wholesale channels. Sales surged in Europe, the Middle East, and Africa by 28.6%, the Americas by 10.3%, and the Asia-Pacific region by a remarkable 94.2%. On Holding also raised its full-year forecast for adjusted profit margin to above 18%, with a gross profit margin expected to be around 62.5%.
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