ONON earnings

Guided by a clear vision to build the most premium global sportswear brand, On reaches a new level of scale and profitability in 2025, exceeding its latest outlook across all metrics. Annual net sales surpass CHF 3.0 billion for the first time, while cash exceeds CHF 1.0 billion at year-end. Full-year net sales increase by 30.0% year-over-year, and by 35.6% on a constant currency basis, reaching CHF 3,014.0 million. Full-year profitability reaches new highs, with gross profit margin expanding to 62.8% and adjusted EBITDA margin to 18.8%, reflecting structural operational efficiencies and the strength of On's premium positioning. Fourth quarter net sales reach CHF 743.8 million, growing

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its fourth quarter and full year 2025 financial results on Tuesday, Mar. 3, 2026 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on Mar. 3, 2026 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63 Conference ID: 5251715 Additionally, a live webcast of the conference call will be available on the Company's investor relations website and via th

Driven by exceptional global momentum and consistent execution of its strategic priorities, On delivers record net sales and profitability in the third quarter. Net sales increase by 24.9% year-over-year, and by 34.5% on a constant currency basis, reaching CHF 794.4 million. This growth reflects broad-based demand, with a strong performance across both Direct-to-Consumer ("DTC") and Wholesale channels, underscoring the scalability and global appeal of On's premium business model. Execution on strategic priorities continues to deliver strong, multi-dimensional growth. The apparel category achieves another quarter of exceptional growth, with a meaningful and balanced increase in share acr

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its third quarter 2025 financial results on Wednesday, November 12, 2025 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on November 12, 2025 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63 Conference ID: 4406250 Additionally, a live webcast of the conference call will be available on the Company's investor relations website and via the f

Driven by the brand's global momentum and successful execution of its strategic priorities, On delivers another record quarter for net sales, combined with significant increases in profitability. Net sales increase by 32.0% year-over-year, and by 38.2% on a constant currency basis, reaching CHF 749.2 million. This growth is led by continued strength in On's Direct-to-Consumer ("DTC") channel, with net sales growing 47.2% on a reported basis and 54.3% on a constant currency basis, reflecting strong demand in all of On's regions. As a result, the DTC share reaches a new second-quarter high of 41.1%. Reflecting the substantial increase in DTC share, On's continued focus on operational exce

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its second quarter 2025 financial results on Tuesday, August 12, 2025 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on August 12, 2025 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63 Conference ID: 4398682 Additionally, a live webcast of the conference call will be available on the Company's investor relations website and via the follow

Building on its strong global momentum, On achieves record quarterly net sales of CHF 726.6 million in the first quarter, growing by 43.0% year-over-year, 40.0% on a constant currency basis. The performance ahead of expectations is driven by On's successful multi-channel strategy, including continued exceptional momentum in the direct-to-consumer ("DTC") channel and strong demand from wholesale partners, with DTC and wholesale net sales growing 45.3% and 41.5%, respectively. The increased DTC share, accounting for 38.1% of On's total net sales in the quarter, supports the expansion of the brand's gross profit margin to 59.9%, up from 59.7% when compared to the same period in the prior ye

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its first quarter 2025 financial results on Tuesday, May 13, 2025 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on May 13, 2025 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63 Conference ID: 9414365 Additionally, a live webcast of the conference call will be available on the Company's investor relations website and via the following link. F

On delivers strong full year 2024 results, exceeding its latest outlook across all metrics. Net sales landed at CHF 2,318.3 million, reflecting a full year growth rate of 29.4% on a reported basis and 33.2% on a constant currency basis. On achieves a gross profit margin of 60.6%, net income of CHF 242.3 million, and an adjusted EBITDA margin of 16.7%, and further concludes the year with a strong cash balance nearing CHF 1 billion. These results underscore On's ability to drive continued strong growth alongside increasing profitability and significant cash flow generation. In the fourth quarter, On's net sales increased to CHF 606.6 million, growing by 35.7% year-over-year on a reported b

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its fourth quarter and full year 2024 financial results on Tuesday, Mar. 4, 2025 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on Mar. 4, 2025 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63 Conference ID: 1279252 Additionally, a live webcast of the conference call will be available on the Company's investor relations website and via th

On reports an all-time record quarter for both net sales and profitability. Net sales increased by 32.3%, and by 33.2% on a constant currency basis, reaching CHF 635.8 million in Q3 2024. The strong growth is fueled by significant acceleration in On's direct-to-consumer ("DTC") channel, which grew 49.8% year-over-year, and by 50.7% on a constant currency basis. The significant growth in On's DTC channel results in a 38.8% DTC share for the third quarter, an increase of 450 basis points compared to the prior year period. This strong growth reflects continued exceptional momentum for the On brand, driven by significant increases in global brand awareness and supported by On's recent opera

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its third quarter 2024 financial results on Tuesday, November 12, 2024 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on November 12, 2024 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63   Conference ID: 4064831   Additionally, a live webcast of the conference call will be available on the Company's investor relations website

On achieves another record top-line quarter, resulting in over CHF 2 billion net sales for the last twelve month period. On's total net sales in Q2 2024 reached CHF 567.7 million, a growth of 27.8% year-over-year and of 29.4% on a constant currency basis. These results reflect the strength of On's multi-channel strategy across regions and products, with stand-out performances in Asia-Pacific and in apparel, growing by 73.7% and 63.0%, respectively. As a result of On's continued high share of full-price sales as well as lower freight rates, its second quarter 2024 gross profit margin reaches 59.9%, up from 59.5% in the prior year period. On's increased profitability is further reflected

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its second quarter 2024 financial results on Tuesday, August 13, 2024 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on August 13, 2024 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63 Conference ID: 3575796 Additionally, a live webcast of the conference call will be available on the Company's investor relations website and via the follow

On kicks off the financial year 2024 with record net sales, surpassing CHF 500 million in a single quarter for the first time in its history. On's total net sales reached CHF 508.2 million, a growth of 20.9% year-over-year and by 29.2% on a constant currency basis. This achievement is led by exceptionally strong demand and momentum in On's direct-to-consumer ("DTC") channel, with DTC net sales growing in the first quarter by 39.0% year-over-year and by 48.7% on a constant currency basis. The significant increase in DTC net sales, which now make up 37.5% of On's total net sales, and efficient inventory management, support On's further expansion of its premium gross profit margin to 59.7%

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its first quarter 2024 financial results on Tuesday, May 14, 2024 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on May 14, 2024 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: United Kingdom: Switzerland: +1 646 307 19 63 +44 203 481 42 47 +41 43 210 51 63 No access code necessary. Additionally, a live webcast of the conference call will be available on the Company's investor relations website a

On achieves strong full year results in 2023, significantly exceeding the expectations set at the beginning of the year, reaching net sales of CHF 1,792.1 million. This reflects a reported growth rate of 46.6% year-over-year and over 55% on a constant currency basis. On further reports a gross profit margin of 59.6%, net income of CHF 79.6 million and an adjusted EBITDA margin of 15.5%, showcasing On's ongoing commitment to combine strong growth with continuously increasing profitability. On reports fourth quarter net sales of CHF 447.1 million, growing by 21.9% year-over-year on a reported basis and over 31% on a constant currency basis. The strength and increasing awareness of the On

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its fourth quarter and full year 2023 financial results on Tuesday, Mar. 12, 2024 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on Mar. 12, 2024 (1 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63  United Kingdom: +44 203 481 42 47  Switzerland: +41 43 210 51 63 No access code necessary. Additionally, a live webcast of the conference call will be available on the Company's investor relations website and

On reports strong results for the first nine months of 2023, reaching CHF 1,345.0 million in net sales YTD. Q3 2023 net sales increased by 46.5%, or by approximately 58% on a constant currency basis when compared to the same period in 2022. Growth in the three-month period was driven by On's direct-to-consumer ("DTC") channel, recording a growth of 54.6% when compared to the same period in 2022, reflecting the strength of the On brand and ongoing ambition for DTC to outgrow wholesale. Q3 2023 presents On's strongest quarter in history across numerous measures. Net sales of CHF 480.5 million, net income of CHF 58.7 million, adjusted EBITDA of CHF 81.3 million, as well as a significant po

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. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on Nov. 14, 2023 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63 No access code necessary. Additionally, a live webcast of the conference call will be available on the Company's investor relations website and via the followin

On delivers its sixth consecutive record top-line quarter, reaching net sales of CHF 444.3 million in Q2 2023. This corresponds to a year-over-year growth rate of 52.3% and over 60% on a constant currency basis. Driven by the high end-consumer demand, net sales in the direct-to-consumer ("DTC") channel outgrew the wholesale channel, increasing by 54.7% year-over-year. Supported by the resulting increased DTC share of 36.8% and a high share of full-price sales, On achieves a strong second quarter gross profit margin of 59.5%. The increase versus the 55.1% gross profit margin in the prior year period further reflects the discontinuation of extraordinary air freight usage, which had weighe

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its second quarter 2023 financial results on Tuesday, Aug. 15, 2023 before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8 a.m. U.S. Eastern Time on Aug. 15, 2023 (2 p.m. Central European Time). To access the live conference call by telephone, please dial the following numbers: United States: +1 646 307 19 63 United Kingdom: +44 203 481 42 47 Switzerland: +41 43 210 51 63 No access code necessary. Additionally, a live webcast of the conference call will be available on the Company's investor relations website and via the followi

On starts the year with another record net sales quarter ahead of expectations. Q1 2023 net sales of CHF 420.2 million and a growth rate of 78.3% year-over-year are a further validation of the strong brand momentum across all regions, channels and product groups. The significantly improved operational environment and product availability versus the prior year period contributed to the strong growth and allowed On to capture the full momentum of the brand. On delivers a first quarter gross profit margin of 58.3%, up from 51.8% in the prior year period, reflecting the normalized supply chain environment and the resulting discontinuation of exceptional air freight usage, which had weighed

Swiss performance sportswear brand On (the "Company") (NYSE:ONON) announced today that the Company will release its first quarter 2023 financial results on Tuesday, May 16, 2023, before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8:00 am U.S. Eastern Time on May 16, 2023 (2:00 pm CET on May 16, 2023). To access the live conference call by telephone, please dial the following numbers: United States: +1 561 771 14 27 United Kingdom: +44 161 250 82 06 Switzerland: +41 91 261 14 47 No access code necessary. A live webcast of the conference call will be available on the Company's investor relations website and under the follo

On achieves strong full-year results in 2022, reaching net sales of CHF 1,222.1 million, surpassing the CHF 1 billion mark for the first time in history and growing by 68.7% year-over-year. The company reports a gross profit margin of 56.0%, net income of CHF 57.7 million, a net income margin of 4.7%, and an adjusted EBITDA margin of 13.5%, showcasing On's commitment to managing the company for long-term, sustainable growth and profitability. On reports fourth quarter net sales of CHF 366.8 million, growing by 91.9% year-over-year, driven by an exceptional underlying full-price demand throughout the holiday season across regions and channels. On's gross profit margin in Q4 2022 reached

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its fourth quarter and full year 2022 financial results on Tuesday, March 21, 2023, before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8:00 am U.S. Eastern Time on March 21, 2023 (1:00 pm CET on March 21, 2023). To access the live conference call by telephone, please dial the following numbers: United States: +1 561 771 14 27 United Kingdom: +44 161 250 82 06 Switzerland: +41 91 261 14 47 No access code necessary. Additionally, a live webcast of the conference call will be available on the Company's investor relations website and

On reports strong results for the first nine months of 2022, reaching CHF 855.4 million in net sales YTD. Q3 2022 net sales increased by 50.4%, driven by strong wholesale growth of 55.6% and DTC growth of 40.7%, as well as exceptional growth of 85.2% in the Asia-Pacific region and continued strong demand in On's North America region, growing at 57.1%. Q3 2022 was the strongest quarter in history, as On records Q3 2022 net sales of CHF 328.0 million. Despite an uncertain macroeconomic environment, foreign exchange headwinds, and temporary supply chain constraints, net income and adjusted EBITDA reached CHF 20.6 million and CHF 56.3 million, respectively. On delivers a third quarter 20

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its third quarter 2022 financial results on Wednesday, November 16, 2022, before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8:00 am U.S. Eastern Time on November 16, 2022 (2:00 pm CET on November 16, 2022). To access the live conference call by telephone, please dial the following numbers: United States: +1 760 294 16 74 United Kingdom: +44 203 059 58 69 Switzerland: +41 91 261 14 47 No access code necessary Additionally, a live webcast of the conference call will be available on the Company's investor relations website and under

On had a very strong first half of 2022, with second quarter 2022 results again exceeding expectations to surpass CHF 500 million net sales for the half year. Q2 2022 net sales increased by 66.6%, driven by a strong wholesale growth of 70.1% and DTC growth of 60.8%, as well as continued exceptional momentum and demand in On's North America region, growing at 102.5%. On records Q2 2022 net sales of CHF 291.7 million, net income of CHF 49.1 million and adjusted EBITDA of CHF 31.4 million despite the continued challenging supply chain environment as well as geopolitical and macroeconomic uncertainties. On delivers a second quarter 2022 gross profit margin of 55.1%, down from 60.7% in the

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its second quarter 2022 financial results on Tuesday, August 16, 2022, before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8:00 am U.S. Eastern Time on August 16, 2022 (2:00 pm CET on August 16, 2022). To access the live conference call by telephone, please dial the following numbers: United States: +1 760 294 16 74 United Kingdom: +44 203 059 58 69 Switzerland: +41 91 261 14 47 No access code necessary Additionally, a live webcast of the conference call will be available on the Company's investor relations website and under the fo

On had a very strong start into the year, exceeding expectations. Net sales increased by 67.9% in Q1 2022, with the direct-to-consumer and wholesale business growing nearly equally and contributing to another record top-line quarter. Continued very strong consumer demand, successful new product launches, and extraordinary teamwork to mitigate the supply chain headwinds, allowed On to win market share at an accelerated pace in the first quarter 2022. On records Q1 2022 net sales of CHF 235.7 million, net income of CHF 14.3 million and adjusted EBITDA of CHF 15.7 million despite the continued challenging supply chain environment. On delivers a first quarter gross profit margin of 51.8%,

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its first quarter 2022 financial results on Tuesday, May 17, 2022, before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8:00 am U.S. Eastern Time on May 17, 2022 (2:00 pm CET on May 17, 2022). To access the live conference call by telephone, please dial the following numbers: United States: +1 760 294 16 74 United Kingdom: +44 203 059 58 69 Switzerland: +41 91 261 14 47 No access code necessary Additionally, a live webcast of the conference call will be available on the Company's investor relations website an

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its fourth quarter and full year 2021 financial results on Friday, March 18, 2022, before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8:00 am U.S. Eastern Time on March 18, 2022 (1:00 pm CET on March 18, 2022). To access the live conference call by telephone, please dial the following numbers: United States: +1 760 294 16 74 United Kingdom: +44 203 059 58 69 Switzerland: +41 91 261 14 47 No access code necessary Additionally, a live webcast of the conference call will be available on the Company's investor

Swiss performance sportswear brand On (NYSE:ONON) announced today that the Company will release its third quarter 2021 financial results on Tuesday, November 16, 2021, before U.S. financial markets open. The Company's management will host an earnings conference call and webcast at 8:00 am U.S. Eastern Time on November 16, 2021 (2:00 pm CET on November 16, 2021). To access the live conference call by telephone, please dial the following numbers: United States: +1-646-664-1960 / +1-855-979-6654 United Kingdom: +44-20-3936-2999 Switzerland: +41-22-518-90-26 International: +44-20-3936-2999 Access Code: 415800 Additionally, a live webcast of the conference call will be available on the Compa