On Holding Leaves the Tariff Shock Behind and Surprises With Record Revenue.

On Holding AG (ONON) is a Swiss sports equipment manufacturer focusing on performance sports shoes, apparel, and accessories. The company positions itself as a premium brand and operates internationally in the EMEA, Americas, and Asia-Pacific markets. On appeals to both ambitious athletes and lifestyle-oriented consumers. However, the stock was hit hard by the announcement of tariffs. Analysts even expected that the entire profit for the upcoming year could be wiped out. In addition to the easing of the trade war, the upcoming quarterly results...