On Holding (ONON) Stock Sinks 13% After Q2 Revenue Disappoints
TLDR
- ONON stock fell more than 13% in premarket trading after Q2 revenue missed expectations
- Revenue came in at CHF 850.3 million, below the CHF 881.4 million consensus estimate
- EPS of CHF 0.31 beat the CHF 0.29 estimate
- DTC channel grew 34.3% on a constant currency basis, outperforming in every region
- Full-year net sales guidance of CHF 3.47โ3.56 billion, in line with or slightly below consensus
On Holding stock dropped more than 13% in U.S. premarket trading on Monday after the Swiss sportswear company posted Q2 revenue that fell short of Wall Street expectations.
Revenue rose 21.6% on a constant currency basis to CHF 850.3 million. That missed the analyst consensus of CHF 881.4 million.
On the earnings side, EPS came in at CHF 0.31, topping the CHF 0.29 estimate. So it was a mixed bag.
On Holding $ONON Reports Q2 2026 Earnings Highlights โ August 11, 2026
๐น On Holding $ONON revenue came in at CHF 850.3 million, missing estimates of CHF 878 million but up 13.5% YoY.
๐น Adjusted EPS was CHF 0.35, slightly above the CHF 0.34 estimate.
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