On Holding Stock Soars 11.55% on Strong Q2 Sales

On Holding's stock surged by 11.55% in pre-market trading on August 12, 2025, driven by strong second-quarter sales performance and an optimistic outlook for the rest of the year.

On Holding, the Swiss sportswear company, reported a 32% increase in sales during the second quarter. This impressive performance led the company to raise its full-year revenue guidance, despite facing new tariffs. The company now expects fiscal 2025 net sales to grow by at least 31% year-over-year on a constant currency basis, up from the previous forecast of 28%.

Roger Federer, a prominent backer of On Holding, has been instrumental in the company's growth. The company's strong sales figures and positive outlook have bolstered investor confidence, contributing to the significant pre-market surge in its stock price.