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On Holding Breaks Records for Q3 Revenue and Gross Margin

Footwear News +1 · ·by G4L

ONON
ONON On Holding AG
$37.53 +0.46%
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  1. 1On Holding reported revenue of 931.4 million Swiss francs for the period ended September 30, achieving a 17.2% increase compared to the same period last year.
  2. 2Gross margin reached 72.6% as net income for the period ended September 30 surged 36.9%.
  3. 3American tennis star Ben Shelton is set to leave On earlier this year.

So what's the key point?

On Holding has reached all-time highs in both revenue and profit. This means the company is making money very well.

Source Footwear News +1 · View original ↗

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