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On Holding AG Raises Forecast After 25% Revenue Surge

11/12/2025

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Summary

Story summary

On Holding AG, the Swiss sportswear company, raised its 2025 sales forecast to 2.98 billion CHF from 2.91 billion CHF after strong third-quarter growth.
The quarter delivered revenue up 25% to 794 million CHF, beating expectations.
Chief Executive Martin Hoffmann attributed the gains to premium sales and innovation.
Nike and Hoka posted declines, with Nike guiding a low single-digit drop.
On Holding AG's shares surged over 20% after the announcement.

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Story summary

On Holding AG, the Swiss sportswear company, raised its 2025 sales forecast to 2.98 billion CHF from 2.91 billion CHF after strong third-quarter growth.
The quarter delivered revenue up 25% to 794 million CHF, beating expectations.
Chief Executive Martin Hoffmann attributed the gains to premium sales and innovation.
Nike and Hoka posted declines, with Nike guiding a low single-digit drop.
On Holding AG's shares surged over 20% after the announcement.