In an interview on CNBC’s Mad Money, Martin Hoffmann said the On brand is in a “really strong position.” “We have done a lot of work to earn pricing power and we will use it,” he noted. According to Hoffmann, the company had its strongest month ever in April, despite the macro uncertainty.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ONON:
- On Holding AG: Strong Growth Potential Amidst Challenges and Strategic Expansion
- On Holding price target raised to $63 from $50 at Williams Trading
- On Holding AG: Strategic Shift and Strong Q1 2025 Performance Drive Buy Rating
- On Holding price target raised to $65 from $55 at Piper Sandler
- On Holding price target raised to $69 from $61 at Truist