The Latest Breaking News from ONON

ONON stock leapt 35% over the past month and is nearing a buy point as Roger Federer-backed performance shoemaker On Holding hits its stride.

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…

The Russia-Ukraine war is projected to deteriorate supply chain conditions and increase inflation. This, along with the potential for aggressive interest rate increases this year by the Fed, could keep the stock market under pressure. So, we think it could be wise to avoid fundamentally weak stocks Sea (SE) and…

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.