2024-05-14 08:29:39 ET
Powered by a 39% increase in direct-to-consumer sales that raised revenue 21%, shares of Switzerland’s On Holding AG ( NYSE: ONON ) are nearly 10% higher in Tuesday’s premarket trade and are set to erase 3 days worth of losses from last week. The company is starting the year with record Q1 net sales and record net income along with a Boston marathon win from Hellen Obiri who ran the 26.2 miles in On’s Cloudboom Strike LS running shoes. ...
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On Holding reaches new heights with record Q1 sales and a Boston marathon win