On Aktie News

Footwear stock On Holding AG (NYSE:ONON) looks ready to make a comeback after its June losses.

Earnings season was a surprising success for a large portion of the S&P 500, as companies demonstrated unexpected resilience despite tariff wars, worrisome economic data, and declining sentiment. Strong reports have fueled major indices to new all-time highs, but not every industry leader is gaining ground.

On Holding is experiencing exceptional top-line growth, driven by strong brand momentum, athlete partnerships, and expansion into casual wear and apparel. The company's strategy centers on aggressive retail expansion and increasing direct-to-consumer sales, aiming to boost margins and sustain high revenue growth. Financials are robust, with industry-leading gross margins and operating leverage,...

The market is up only 3% so far this year, although that's a big climb from the depths of its earlier declines. Investors as a group may be feeling pessimistic, but that doesn't mean you have to be.

Earnings season has come and gone, and many prominent companies surprised analysts with impressive Q1 earnings strength. Despite unpredictable tariffs, a weakening dollar, and ISM survey comments that suggest Armageddon is imminent, the S&P 500 continues to chug along toward its February all-time high.

On's growth accelerated for the fourth straight quarter — people call it hype, I call it a revolution. Despite tariff uncertainties, management raised their full year sales guidance. Management intends to raise prices to mitigate tariff pressures — they expect no demand destruction from this.

The market still doesn't know what to make of the new tariff impact, which makes a lot of sense because there's still so much uncertainty. Although the U.S. and China have agreed to a 90-day pause on the newest tariffs, which would slap significant tariffs on goods between U.S. and China, there's still an increase in tariffs on Chinese products that stands today at 30%.

Nike and Adidas have long dominated the global sportswear market, but Swiss sneaker company On is quickly gaining ground.