On Holding AG (ONON) Misses Q2 EPS by 7c; offers guidance

On Holding AG (NYSE: ONON) reported Q2 EPS of CHF0.04, CHF0.07 worse than the analyst estimate of CHF0.11. Revenue for the quarter came in at CHF444.3 million versus the consensus estimate of CHF418.09 million.

GUIDANCE:

On is raising its outlook for net sales to reach at least CHF 1.76 billion in the fiscal year 2023, implying a full year growth rate of 44% and second half year growth rate of close to 30%.

For earnings history and earnings-related data on On Holding AG (ONON) click here.

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