On Holding Seen As 'Best Opportunity' Among Emerging Athletic Brands -- Market Talk

Dow Jones04-16

1111 ET - On Holding's "better approach toward brand protection and product innovation," will bear fruit, William Blair says in a research note. The Swiss shoemaker should continue to see long-term market share gains according to analysts who also see potential three-year revenue growth of above 25% as On Holding expands into new categories and channels. William Blair adds that the company represents the "best opportunity for durable growth among emerging athletic brands." The investment bank initiates coverage with an outperform rating. Shares rise 2% to $32.81. (sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

April 16, 2024 11:11 ET (15:11 GMT)

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William Blair adds that the company represents the \"best opportunity for durable growth among emerging athletic brands.\" The investment bank initiates coverage with an outperform rating. Shares rise 2% to $32.81. 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