On Holding's Q3 Results: Surpassing Expectations
Update: 2025-11-12
Description
On Holding, the sportswear brand known for its popular running shoes, reported third quarter results that surpassed expectations, with net sales increasing by at least 34% year-over-year. The company raised its full-year sales forecast, citing strong momentum heading into the holiday shopping season. Earnings per share were $0.54, higher than the expected $0.34, and revenue came in at nearly $1 billion, exceeding the expected $960 million. The Asia-Pacific region drove growth, with sales more than doubling when accounting for currency changes. On is also expanding into new categories in the US, attracting a younger demographic with spokespeople like Zendaya. Despite a decline in stock price, Ons CEO remains confident in the brands unique path and vision to become the leading premium global sportswear brand.
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