Market News AIOpen the app

On Holding shared its Q3 results, showing record sales of 931 million Swiss francs, up 18%.

ResultsRead the original at Benzinga
Good for ONON

On Holding posted record sales and its highest underlying profit margins, with new products selling at full price. Heavy discounting in the market and planned spending later this year are counterpoints, but the results and retained sales plan support a positive reading.

ONON · On Holding

AI read · Good for ONON

The AI's read

Customers bought its newest products at full price despite widespread discounts. The company also reported its strongest underlying profit margins and kept its yearly sales-growth target. Planned spending later this year is a counterpoint, but current sales and profit results support a positive reading.

Get alerts for ONON

Follow On Holding (ONON) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for ONON
Free on the App Store and Google Play, or on the web.