On Holding Q2: Running Brand Raises Outlook After Record Quarter – Footwear News
On, the Swiss running shoe brand, delivered another round of record results — and its 6th consecutive record quarter of top line growth — in Q2.
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On, the Swiss running shoe brand, delivered another round of record results — and its 6th consecutive record quarter of top line growth — in Q2.
Notably, On's North America business increased 66.8 percent in Q2, making the brand an outlier among several other footwear players this quarter.
Swiss running brand On Holding sees its fledgling apparel division as a key growth area for the future.
By Daniella Parra On Holding AG (NYSE: ONON) said it was raising its outlook for sales after a sixth consecutive record top-line quarter, reaching net sales of 52.3% to CHF 444.3 million. The Swiss-designed running shoes and apparel company said it is raising its outlook for net sales to reach at least CHF 1.76 billion […]
Currency headwinds dampened the footwear company's latest earnings report.