On Holding AG Price, Forecast, Insider, Ratings, Fundamentals & Signals

Zurich, switzerland--(business wire)--on to release first quarter 2024 results on tuesday, may 14, 2024.

Zurich--(business wire)--on to release fourth quarter and full year 2023 results on tuesday, march 12, 2024.

Zurich, switzerland--(business wire)--swiss performance sportswear brand on (nyse: onon) announced today that the company will release its third quarter 2023 financial results on tuesday, nov. 14, 2023 before u.s. financial markets open.

Zurich--(business wire)--swiss performance sportswear brand on (nyse: onon) announced today that the company will host an investor day on wednesday, oct. 4, 2023.

Zurich, switzerland--(business wire)--on to release second quarter results on tuesday, august 15, 2023.

Investing in retail stocks can be a winning strategy in a volatile or stable market. These companies are necessary components of the economy and the strongest brands own a dominant market share in their respective industries.

TD Cowen sees evidence of strong momentum in new customer acquisition. The firm raised the price target on the shares to $38 ahead of the company's first-quarter update.

On reported strong fourth-quarter results in March, but the market found them disappointing. Part of the problem was currency fluctuations.

The Bill and Melinda Gates Foundation Trust holds a selective stock portfolio worth more than $42 billion at the end of 2023, including Coupang and On Holding. Coupang is Korea's leading e-commerce store and is growing revenue at more than 20% year over year.

Given the stickiness in inflation, avoiding consumer discretionary stocks like athleisure is more prudent. However, with U.S. retail sales showing remarkable resilience in the past few months, you should consider betting on the best athleisure stocks.

Popular activewear stocks have really taken a beating over the past several months, led lower by such names as yoga top dog Lululemon (NASDAQ: LULU ), which is now down a whopping 34% from its late-2023 high, and sneaker behemoth Nike (NYSE: NKE ), down 48% from its late-2021 peak. Undoubtedly, the period of weakness has caused some to draw comparisons to perpetual apparel underperformer Under Armor (NYSE: UA ), which is off more than 85% from its 2016 all-time high.

On Holding has distinctive and innovative footwear that has developed a cult-like following. The Swiss company is reporting high growth despite the inflationary environment.

On Holding is building relationships with its affluent consumer base and generating loyalty and high sales growth. It has a low brand presence in most of its markets and ample room to expand.

On Holding (ONON) closed at $31.98 in the latest trading session, marking a -0.53% move from the prior day.

As the overall market continues to break records and achieve new heights, speculation and optimism are rising. During such periods, stocks with unusually high short interest tend to outperform, as the overall market's strength and bullish sentiment can overwhelm the fundamental reasons that caused bears to initiate short positions.