On Holding Experiences 6.6% Surge Following Q3 Earnings Beat and Raised Guidance: What's Behind the Growth?

On Holding reported Q3 beats on sales, gross margin, and EBITDA, with raised guidance and notable direct-to-consumer growth. This robust performance has contributed to analyst optimism and upward earnings estimate revisions. The company's margin improvement and accelerating DTC growth are expected to influence its investment narrative moving forward.