On Holding AG (ONON)
On Holding AG (ONON) is a Swiss sportswear and footwear company known for its innovative running shoes and athletic apparel. Founded in 2010, the company is recognized for its distinctive cushioning technology, called CloudTec, which provides a blend of soft landings and explosive take-offs. On has gained popularity among athletes and casual runners worldwide, emphasizing lightweight designs, performance, and style. The brand positions itself as a premium athletics company with a focus on delivering comfort and performance through advanced manufacturing and unique design features.
Company News
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On Holding reported impressive Q2 results with 32% revenue growth, strong performance across regions, and raised full-year revenue outlook despite foreign currency challenges.
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Brian Bowen, the aggressive growth stock strategist at Zacks Investment Research, discusses two stocks that could be running higher: On Holdings, a shoe company with strong sales growth, and Vertiv, a data center infrastructure company that is expected to see continued growth despite investor concerns.
