On Holding Slumps on Concerns of Slowing Sales Growth

On Holding AG (ONON) fell sharply in early trading on Tuesday after second quarter results disappointed investors. Direct-to-consumer sales rose 26% during the quarter, while wholesale channel sales were up 4.8% Total revenue was up 13.5% year over year to CHF 850.3

On Holding AG (ONON) fell sharply in early trading on Tuesday after second quarter results disappointed investors.

Direct-to-consumer sales rose 26% during the quarter, while wholesale channel sales were up 4.8%

Total revenue was up 13.5% year over year to CHF 850.3M. Of note, sales in

Leave a Reply

Your email address will not be published. Required fields are marked *