On Holding: Record Revenue Amid Leadership Transition
Reading Time: 2 minutes
The Swiss sports brand On Holding (ONON) is successfully advancing its premium strategy with running shoes, sportswear, and accessories. In the short term, the company benefits from high demand for sports goods in everyday life. In the long term, expansion into new geographical markets and the direct-to-consumer (DTC) business remain the central drivers. The stock rose 5% pre-market following the release of the first-quarter results and could set the stage for a trend reversal. In the most recent quarter, revenues increased by 26.4% in constant...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
