ONON Stock Recent News
ONON LATEST HEADLINES
On Holding has distinctive and innovative footwear that has developed a cult-like following. The Swiss company is reporting high growth despite the inflationary environment.
On Holding (ONON) closed at $31.98 in the latest trading session, marking a -0.53% move from the prior day.
Shares of On Holding have been extra-volatile due to currency exchange rates. When looking beyond temporary headwinds, the business itself is still doing quite well.
Lululemon has a core clientele of affluent customers who pay up for its premium products. On Holding has developed a cult following for its running shoes and is just getting started.
Over time, On Holding has been a company with an awesome track record of sales growth. The most recent lackluster quarter and 2023 results don't take away from the long term narrative of this stock.
On Holding AG (ONON) Q4 2023 Earnings Call Transcript
On's financial results met guidance from management but Wall Street wanted more. The company's numbers are a little bit distorted due to fluctuation in currency exchange rates and investors should take this into account.
On Holding AG (NYSE:ONON) stock is plummeting today, after the footwear retailer's disappointing fourth-quarter results and net sales forecast.
ON Holding's NYSE: ONON stock price is down 15% following the Q4 results and presents a solid buying opportunity. The move is alarming and may impact the price action in the near term, but technical and fundamental factors suggest higher prices will come over time.
On Holding (ONON) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of $0.11. This compares to earnings of $0.02 per share a year ago.