On Holding (ONON) shares fall 21.74% intraday after Q2 earnings miss
ByAinvest Wire
Tuesday, Aug 11, 2026 9:44 am ET1min read
ONON--
On Holding (ONON) shares fell 21.74% in intraday trading after the company reported second-quarter earnings that missed consensus sales estimates. Reported net sales of CHF 850.3 million fell short of the CHF 881.4 million forecast, while wholesale growth of 4.8% missed double-digit analyst expectations. The top-line shortfall drove the negative reaction despite a beat on net income and strong gross margins.
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