Recent Updates — ONON

On Holding AG announced its 2026 Investor Day strategy and updated financial targets for the 2026–2029 period. The company aims for high-teens constant currency net sales CAGR, reaching at least CHF 5.6 billion in 2029, with an adjusted EBITDA margin of 22%+ and a three-year adjusted EBITDA CAGR above 20%. On reiterated its full-year 2026 outlook, projecting low-20% constant currency net sales growth and an adjusted EBITDA margin of 19.5% to 20.0%, while expecting up to USD 65 million in tariff refunds in Q3 2026. The Board authorized a share repurchase program of up to USD 1 billion through December 2029. Additionally, Laura Miele was appointed Lead Independent Director effective September 21, 2026. On Holding AG operates in the premium sportswear industry, designing and selling footwear, apparel, and accessories.