On Holding rises on annual sales forecast raise

On Holding AG

12/08/2025 10:56

** Shares of sportswear maker On Holding ONON.N up ~14% at $52.18 premarket

** Co raises annual sales forecast on strong demand for its athletic-focused apparel and footwear, fueled by brand promotions

** Sees full-year net sales of at least CHF 2.91 billion ($3.60 billion), compared with previous expectations of at least CHF 2.86 billion

** Also sees annual adjusted EBITDA margin in the range of 17% to 17.5%, compared with its previous expectation of 16.5% to 17.5%

** Q2 sales of CHF 749.2 million beat estimates of CHF 705.3 million - data compiled by LSEG

**  However, company posts an adjusted loss per share of CHF 0.09, compared with an estimated profit of CHF 0.21, due to a weaker dollar

** Up to last close, stock has fallen 16.5% YTD

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))