On sets 2029 financial targets and $1B buyback
The company unveiled a strategy for high-teens sales growth, a 22% EBITDA margin, and new categories including football and golf.
See the latest news and media coverage for On. We track all announcements, press releases, and industry mentions in real time, all in one place.
Last updated
In short: On set 2029 growth targets, authorized $1B buyback, and entered football with Mbappé
The company unveiled a strategy for high-teens sales growth, a 22% EBITDA margin, and new categories including football and golf.
Net sales rose to CHF 1.68 billion with net income reaching CHF 208 million for the six-month period ended June 30.
Net sales rose 14.5% to CHF 831.9 million, with strong growth in Asia-Pacific and apparel. The company raised its full-year profitability outlook.
Net sales rose 14.5% to CHF 831.9 million with net income doubling to CHF 103.3 million driven by strong global demand and DTC growth.
At On Running's investor day in Zurich, executives revealed the company's expansion into golf next year and its goal of achieving $7 billion by 2029.
The Swiss athletic brand plans to reach at least 5.6 billion Swiss francs in net sales by 2029 while authorizing its first share repurchase program.
Superstar Kylian Mbappé from Real Madrid becomes new brand ambassador.
ONON's APAC sales increase 43.1% in Q2 2026, making APAC its fastest-growing region and...
Track On and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to On and other trending companies.