Key Metrics
15.8
Heat Index-
Impact LevelMedium
-
Scope LevelGlobal
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Last Update2025-11-12
Key Impacts
Positive Impacts (3)
Event Overview
A Swiss sneaker company experiences robust financial performance, with double-digit sales growth in Europe and Asia. Despite facing tariffs, the firm's positive outlook is reflected in a significant stock price increase. The company anticipates strong momentum for the upcoming holiday season.
Collect Records
On Holding Raises Full-Year Outlook After Strong Q2 and H1 Results
Swiss sneaker company On Holding (ONON:NYSE) reported strong second-quarter and six-month results, beating sales estimates and raising its full-year guidance. The company saw double-digit sales growth, driven by demand in Europe and Asia, despite facing tariffs from Vietnam. On Holding's stock surged 20% after the announcement. The company will not offer a Black Friday deal but cited strong momentum heading into the holiday season.