On Holding AG Stock News

On Holding AG stock soared 21% in early Tuesday trading after the newly-public athletic company reported a surprise third-quarter profit. Net income totaled CHf 13.0 million (US$14.0 million), or CHf 0.04 per share, up from CHf 8.1 million, or CHf 0.03 per share, last year. Sales totaled CHf 218.0 million (US$234.8 million), up from CHf 130.1 million last year. The FactSet consensus was for a loss of CHf 0.11 per share and sales of CHf 182.8 million. On''s Co-Chief Executive Martin Hoffmann called the most recent quarter the "strongest" in the company''s history in terms of sales. "Recent supply chain challenges will lead to a transitory supply shortage in the fourth quarter and the first half of 2022," he said in a statement. "But since early November, all our production factories are open, and our outlook on net sales and adjusted EBITDA exceeds our original assumptions." The company is guiding for sales of CHF 710 million for the full year, up about 67% from 2020. The FactSet consensus is for CHf 678.6 million.

The stock price of On Holding AG (NYSE: ONON) increased by over 19% during intraday trading today. This is why it happened.

On Holding AG (ONON) CEO Martin Hoffmann on Q3 2021 Results - Earnings Call Transcript

The company's first quarterly report as a public company was strong.

On Holding AG ONON, +21.25% stock soared 21% in early Tuesday trading after the newly-public athletic company reported a surprise third-quarter profit. Net income totaled CHf 13.0 million (US$14.0 mil

ONON stock is IBD Stock Of The Day. It''s setting up as an options play with On Holding earnings due early Tuesday.

Italy's Industrie De Nora, which makes components to produce green hydrogen, has picked Goldman Sachs and Credit Suisse to work on plans to list in Milan, two sources said on Tuesday.

ZURICH, Switzerland--(BUSINESS WIRE)---- $ONON--On to Release Third Quarter 2021 Results on Tuesday, November 16, 2021

"Mad Money" host Jim Cramer on Tuesday advised investors to hold off on buying shares of newly public On Holding. He said likes the company's long-term story but supply chain concerns are stopping him

ONON stock went public via IPO less than a month ago, and so far it's off to a slow start. Wait until more earnings come in to get involved.

Olaplex president and CEO JuE Wong joins The Exchange to discuss her company's IPO and the bond-building technology present in Olaplex's hair care products. For access to live and exclusive video from

After its tremendous raising of fresh cash, this is already a colossal shoe company.

Efforts to expand On Holding's presence in retail stores - along with the backing of a high-profile tennis master - should boost ONON stock. The post Hold On to On Holding for Exposure to the Premium

CNCB's Leslie Picker reports on the IPO market.