ONON: Keeping Pace Despite Headwinds
Here's our initial take on On Holding's (NYSE: ONON) fiscal 2025 first-quarter financial report.On Holding's impressive growth machine showed no sign of slowing in the quarter, with the company reporting 43% revenue growth and improvements to gross profit margin.The growth is coming from both wholesale sales and direct-to-consumer. At quarter's end, direct-to-consumer represented 38.1% of total sales, in line with the percentage from a year ago.Continue reading
Here's our initial take on On Holding's (NYSE: ONON) fiscal 2025 first-quarter financial report.
On Holding's impressive growth machine showed no sign of slowing in the quarter, with the company reporting 43% revenue growth and improvements to gross profit margin.
The growth is coming from both wholesale sales and direct-to-consumer. At quarter's end, direct-to-consumer represented 38.1% of total sales, in line with the percentage from a year ago.
