{"id":1707,"date":"2025-08-12T16:42:38","date_gmt":"2025-08-12T16:42:38","guid":{"rendered":"https:\/\/retrotradingreport.com\/index.php\/2025\/08\/12\/on-holding-shares-jump-10-after-strong-q2-sales-beat-and-upgraded-outlook\/"},"modified":"2025-08-12T16:42:38","modified_gmt":"2025-08-12T16:42:38","slug":"on-holding-shares-jump-10-after-strong-q2-sales-beat-and-upgraded-outlook","status":"publish","type":"post","link":"https:\/\/retrotradingreport.com\/index.php\/2025\/08\/12\/on-holding-shares-jump-10-after-strong-q2-sales-beat-and-upgraded-outlook\/","title":{"rendered":"On Holding shares jump 10% after strong Q2 sales beat and upgraded outlook"},"content":{"rendered":"
<\/div>\n

On Holding (NYSE:ONON) shares rose around 10% on Tuesday after the Switzerland-based sportswear company reported second-quarter results that exceeded analyst forecasts and raised its full-year guidance.<\/p>\n

Net sales increased 32% year-over-year to CHF 749.2 million, or 38.2% on a constant currency basis, surpassing consensus expectations of CHF 703.8 million. <\/p>\n

The company\u2019s direct-to-consumer sales were a key growth driver, rising 47.2% to CHF 308.3 million \u2014 or 54.3% on a constant currency basis. <\/p>\n

Wholesale sales also advanced, climbing 23.1% to CHF 441.0 million, equivalent to a 28.8% increase in constant currency terms.<\/p>\n

Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) climbed 50% to CHF 136.1 million from CHF 90.8 million in the same period last year. <\/p>\n

The adjusted EBITDA margin improved to 18.2% from 16.0% in the prior year, reflecting operational efficiencies and higher sales volumes.<\/p>\n

However, adjusted earnings per share (EPS) came in at negative CHF 0.09, missing analyst expectations of a CHF 0.14 profit.<\/p>\n

The stock lost some gains and was trading up by 7% at the time of writing. <\/p>\n

Strategic plan driving performance<\/h2>\n

CEO and CFO Martin Hoffmann attributed the company\u2019s strong results to the disciplined execution of its long-term strategy. <\/p>\n

\u201cWe\u2019re one and a half years into our three-year strategic plan, and the results of our consistent execution and unwavering focus are clearly visible in the outstanding numbers we report today,\u201d Hoffmann said.<\/p>\n

The company\u2019s rapid expansion in direct-to-consumer channels highlights its ability to grow brand presence while improving profitability. <\/p>\n

Wholesale growth also remained solid, signaling strong retail partnerships and product demand in international markets.<\/p>\n

Management indicated that the results were further proof of the scalability of its business model, which combines premium performance footwear and apparel with an expanding global footprint.<\/p>\n

Guidance raised across all key metrics<\/h2>\n

On Holding\u2019s strong recent performance led management to upgrade full-year guidance for every key financial metric. <\/p>\n

Net sales are now expected to grow at least 31% year-over-year on a constant currency basis, up from the previous forecast of at least 28%. <\/p>\n

At current exchange rates, this implies reported net sales of no less than CHF 2.91 billion, compared to the prior projection of CHF 2.86 billion.<\/p>\n

The company also raised its gross profit margin guidance to a range of 60.5%\u201361.0%, up from the previous 60.0%\u201360.5%. <\/p>\n

The adjusted EBITDA margin forecast is now between 17.0% and 17.5%, compared with the earlier range of 16.5%\u201317.5%.<\/p>\n

On Holdinig noted that these updated projections incorporate the impact of additional reciprocal tariffs introduced under the US Presidential Executive Order issued on July 31, 2025.<\/p>\n

With a strong first half of the year and an upgraded outlook, On Holding enters the latter part of 2025 with momentum, supported by double-digit sales growth, improved profitability, and continued expansion across both direct-to-consumer and wholesale channels.<\/p>\n

The post On Holding shares jump 10% after strong Q2 sales beat and upgraded outlook<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

On Holding (NYSE:ONON) shares rose around 10% on Tuesday after the Switzerland-based sportswear company reported second-quarter results that exceeded analyst forecasts and raised its full-year guidance.Net sales increased 32% year-over-year to CHF 749.2 million, or 38.2% on a constant currency basis, surpassing consensus expectations of CHF 703.8 million. The company\u2019s direct-to-consumer sales were a key…<\/p>\n","protected":false},"author":1,"featured_media":1708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/1707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/comments?post=1707"}],"version-history":[{"count":0,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/1707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media\/1708"}],"wp:attachment":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media?parent=1707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/categories?post=1707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/tags?post=1707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}