About On Holding AG Class A Ordinary Shares (ONON)
On Holding AG is a performance sportswear company that specializes in the design and development of innovative footwear and apparel for running, training, and lifestyle activities. Founded by former athletes, the company emphasizes sustainability and functionality, utilizing advanced materials and technologies to enhance athletic performance while providing a comfortable and stylish experience for wearers. With a focus on community engagement and environmental responsibility, On aims to inspire athletes and outdoor enthusiasts across the globe through its unique product offerings and commitment to quality manufacturing. Read More
The regular session of the US market on Wednesday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
The SPDR S&P 500, which tracks the S&P 500, is facing heavy selling pressure in Wednesday's after-hours session following reciprocal tariffs from the Trump Administration.
On (NYSE: ONON), the global premium sportswear brand recognized for its innovation, design, and impact, today announced a strategic evolution of its leadership structure. On will transition to a single-CEO structure–with current Co-CEO and CFO Martin Hoffmann assuming the role of CEO–, appoint key senior leaders to further strengthen the existing team, and ensure continued leadership from the company's founders. After 12 years of successful leadership, current Co-CEO Marc Maurer has decided to depart On to embark on a new chapter in his professional life.
Shares of On Holding AG surged in premarket trading after strong Q4 earnings, reporting a 35.7% increase in sales. The company exceeded analyst expectations with growth driven by a rise in brand awareness and significant increases in direct-to-consumer and wholesale sales.
On Holding AG (NYSE: ONON) (“On,” “On Holding AG,” the “Company,” “we,” “our,” “ours,” or “us”) today announced its financial results for the fourth quarter and full year, and that it has filed its annual report on Form 20-F (the "Form 20-F") for the year ended December 31, 2024, with the U.S. Securities and Exchange Commission (the "SEC").
