According to some reports, consumers are looking for cheaper prices, which might not be in On's favor in the back half of 2024. One of On's rivals is intent on reasserting its dominance in the space, which means things aren't going to be easy.
On Holding stock is up 60%+ YTD, outperforming peers by a wide margin. On's Revenue growth re-accelerated in Q2, despite warehouse challenges. The company's breakthrough LightSpray technology and warehouse automation could accelerate margin expansion.
On Holding stock tested a buy point Wednesday amid its 60% rally this year. Birkenstock trades in a buy zone ahead of earnings.
On Holding (ONON) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Second-quarter earnings from On Holding were highlighted by strong growth. The company is enjoying brand momentum globally, including the key Asia-Pacific region.
On Holding is only scratching the surface of its potential.
Artificial intelligence continues to be a red-hot investment trend, but it would be a mistake to overlook other opportunities. On Holding is gaining market share, and the athletic shoe company's stock has big upside.
On Holdings' NYSE: ONON Q2 results were mixed regarding the analysts' expectations, but that is the only thing to hold against them. The strengthening of the Swiss franc impacts the details, which are still robust in every way and driving the stock price higher.
ON Holding (NYSE: ONON ) is a top-trending ticker this morning after the company reported that its revenue had jumped 28% in the second quarter versus the same period a year earlier. The Switzerland-based firm, which is also a breakout search term today, sells athletic footwear and other sports apparel.
On Holding (ONON) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.04 per share a year ago.
Swiss sneaker company On Holding topped second-quarter sales estimates, but earnings came in light.
On Holding (ONON) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ONON crossed above the 20-day moving average, suggesting a short-term bullish trend.