On Holding remains on growth path – Stock poised for a technical rebound!
On Holding is outpacing the competition!
Stock ready for a breakout
Reading Time: 1 minute
The Swiss premium sports equipment manufacturer On Holding (ONON) impresses once again! In the 3rd quarter, the company clearly exceeds expectations, demonstrating that its growth story is intact. With a revenue increase of almost 25% (currency-adjusted +35%) and a record gross margin of 65.7%, On underscores the strength of its premium model. Especially strong: The apparel segment grows by over 80%, in Asia even in triple digits – a testament to global momentum. After the latest upward revision of its annual forecast, management sends a clear...
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