On Holding AG Sprints Higher on Margin Expansion and Guidance

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On Holding makes On sneakers with its patented CloudTec cushioning technology for running, tennis, workouts, and hiking. Its popularity continues to grow as sales climbed 92% YoY to CHF366.8 million, crushing analyst estimates of CHF274.68. It also raised 2023 revenue guidance. On Holding is one of the rare retail stocks experiencing margin expansion, expecting margins […]