ONON - Why On Holding Shares Are Plunging Today | Benzinga
On Holding AG (NYSE:ONON) shares are trading lower after it reported fourth-quarter FY23 earnings.
The company reported fourth-quarter FY23 sales growth of 21.9% year-on-year to CHF 447.1 million ($504.23 million), missing the analyst consensus estimate of $510.19 million.
Adjusted diluted EPS for Class A shares decreased to CHF (0.05) ($(0.06)) from CHF 0.02 in the prior year, missing the consensus estimate of $0.11.
Net sales through the ...