On Holding has Olympic-sized ideas to spark growth

seekingalpha05-16

On Holding AG (NYSE:ONON) plans to make the most of the 2024 Olympics taking place in Paris, not far from the company's headquarters in Zurich. The athletic shoe and performance sportswear company ...

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The athletic shoe and performance sportswear company ...</p>\n\n<a href=\"https://seekingalpha.com/news/4106738-on-holding-has-olympic-sized-ideas-to-spark-growth\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>On Holding has Olympic-sized ideas to spark growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOn Holding has Olympic-sized ideas to spark growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-16 00:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4106738-on-holding-has-olympic-sized-ideas-to-spark-growth><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On Holding AG (NYSE:ONON) plans to make the most of the 2024 Olympics taking place in Paris, not far from the company's headquarters in Zurich. The athletic shoe and performance sportswear company ...</p>\n\n<a href=\"https://seekingalpha.com/news/4106738-on-holding-has-olympic-sized-ideas-to-spark-growth\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4566","symbol_name":"资本集团","start_time":0,"source_url":"https://seekingalpha.com/news/4106738-on-holding-has-olympic-sized-ideas-to-spark-growth","article_id":"2435668872","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2435668872","pubTimestamp":1715791926,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"On Holding AG (NYSE:ONON) plans to make the most of the 2024 Olympics taking place in Paris, not far from the company's headquarters in Zurich. 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The athletic shoe and performance sportswear company tipped off on its earnings conference call (transcript) that it will boost its marketing budget in June, July, and August to create buzz around the brand. Co-CEO Martin Hoffmann said investors can expect to see larger activations and other big brand moments, including in the apparel category. During the Olympics, On Holdings' (ONON) two Paris stores will serve as hubs for the running community to connect. On Holding (ONON) heads into the Olympics with growing credibility in the running world. Hellen Obiri won the Boston Marathon for the second time in April, wearing On products from head to toe. During the Olympics, On Holdings (ONON) plans to reveal groundbreaking new footwear technology, including some that Obiri utilizes. The company's high-performance running franchises include Cloudmonster, Cloudsurfer, and Cloudrunner. Of course, On Holding (ONON) will be competing for attention in Paris against Nike (NKE) and Adidas (OTCQX:ADDYY). The reaction on Wall Street to On Holdings (ONON) earnings report was largely favorable. Morgan Stanley analyst Alex Straton continues to see upside for On Holdings (ONON) to grow sales and profitability throughout 2024. \"We continue to believe ONON represents one of the most attractive assets in our coverage, with many of the key markers that typically distinguish businesses capable of delivering durable long-term growth – an attractive industry backdrop, footwear/performance/wholesale heritage, proven global brand reach, commitment to high full-price selling/limited discounting/promotional activity, established growth & profitability track record, & a culture of relentless innovation, among others,\" she highlighted. Meanwhile, Telsey Advisory Group raises its price target on ONON to $40 from $37. Analyst Cristina Fernández said On's story remains consistent with higher global brand awareness driving strong DTC growth in Q1, expansion with wholesale accounts, and interest in new product launches. \"Apparel is still in the early stages and On is cleaning up the marketplace to make room for new and improved products coming throughout the year,\" she added. Seeking Alpha Investing Group Leader ONeil Trader and Seeking Alpha analyst LDV Research both came out with bullish appraisals On Holding (ONON) after the earnings report. Shares of On Holdings (ONON) dipped 0.45% on Wednesday after a double-digit rally on Tuesday. Short interest on ONON stands at 16.6% of the total float.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2435668872"}