On Earnings Reports

On delivered another record quarter with net sales increasing by 32.0% year-over-year to CHF 749.2 million, primarily led by strong growth in the Direct-to-Consumer channel. The company also achieved a robust gross profit margin of 61.5% and an adjusted EBITDA margin of 18.2%, reflecting operational excellence and favorable foreign exchange developments. Despite strong revenue and profitability, net income decreased significantly due to foreign exchange losses.

On Holding AG reported strong first-quarter 2025 results, with record net sales of CHF 726.6 million, a 43.0% increase year-over-year. Growth was driven by exceptional momentum in both the direct-to-consumer (DTC) and wholesale channels. The company also saw significant expansion in adjusted EBITDA margin and an increase in gross profit margin, exceeding expectations and leading to a raised full-year net sales outlook.

On Holding AG delivered robust financial performance in Q4 2024, with net sales reaching CHF 606.6 million, marking a 35.7% year-over-year growth. The company achieved a record-high gross profit margin of 62.1%, driven by strong Direct-to-Consumer (DTC) sales and full-price demand. Net income surged to CHF 89.5 million, and adjusted diluted EPS improved to CHF 0.33. On continues its momentum with strong brand expansion and increased operational efficiency.