NYSE:ONONLuxury
On Holding (ONON) Is Up 5.7% After Record Q1 Results And Reaffirmed 2026 Sales Guidance
In the first quarter of 2026, On Holding AG reported record net sales of CHF 831.9 million and net income of CHF 103.3 million, while reiterating guidance for at least 23% constant-currency net sales growth and reported net sales of at least CHF 3.51 billion for the year.
Alongside this strong performance, Asia-Pacific growth, especially in China where apparel has become a major revenue contributor, and the return of co-founders as co-CEOs underscored how product expansion and leadership...