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On Holding AG (ONON)
NYSE:ONON
Earnings Data
Report Date
May 20, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.23Last Year’s EPS
0.37Same Quarter Last Year
Strong Buy
Based on 19 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 04, 2025
|% Change Since: 9.68%
|Next Earnings Date:May 20, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance for On Holdings AG with significant growth across multiple segments and regions. While there were operational challenges and some concerns about economic conditions, the highlights significantly outweigh the lowlights, indicating a positive sentiment.Company Guidance
During the On Holdings AG Q4 and Fiscal Year 2024 results call, the company provided a positive outlook for 2025, expecting to achieve a constant currency growth rate of at least 27%, translating to CHF 2.94 billion in net sales. The guidance reflects an anticipated gross profit margin of approximately 60.5% and an adjusted EBITDA margin between 17% and 17.5%, showcasing ongoing financial strength. The call highlighted On's strategic focus on expanding its premium brand presence globally, particularly in China, increasing its D2C share, and leveraging partnerships with high-profile talents like Zendaya and Roger Federer. The company plans significant investments in operational excellence, including warehouse automation in Atlanta, to support future growth. The call also emphasized On's commitment to innovation and sustainability, with plans to launch new products, such as the Cloudboom Max, and expand its retail presence, especially in emerging markets.Record Net Sales Growth
On Holdings AG reported a constant currency growth rate of over 33%, reaching CHF 2.32 billion in net sales for 2024.
Strong D2C Channel Expansion
The company expanded its D2C share by more than 3 percentage points, contributing to premium margins with a gross profit margin of 60.6%.
Apparel Segment Milestone
On Holdings AG achieved more than CHF 100 million in net sales from apparel, with the category growing 51% in constant currency terms.
APAC Region Growth
APAC net sales grew by 117.5% on a reported basis and 124.6% on a constant currency basis, driven by strong performance in Japan and China.
Expansion of Retail Footprint
In 2024, On Holdings opened 19 new retail stores in iconic locations, enhancing brand visibility and regional awareness.
Positive Cash Flow and Profitability
Operating cash flow reached CHF 510.6 million, with a total cash balance of CHF 924.3 million at the end of the year.
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ONON Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ONON Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 04, 2025 | $47.85 | $50.63 | +5.81% |
| Nov 12, 2024 | $52.71 | $52.62 | -0.17% |
| Aug 13, 2024 | $39.55 | $41.27 | +4.35% |
| May 14, 2024 | $30.69 | $36.30 | +18.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does On Holding AG (ONON) report earnings?
On Holding AG (ONON) is schdueled to report earning on May 20, 2025, TBA Not Confirmed.
What is On Holding AG (ONON) earnings time?
On Holding AG (ONON) earnings time is at May 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ONON EPS forecast?
ONON EPS forecast for the fiscal quarter 2025 (Q1) is 0.23.
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