📷 Image: Wikimedia Commons / Declan Haun
Business
On Holding Posts Record Q3 Sales, Apparel Revenue Surges 39% as Gross Margin Outlook Improves
✍️ Asianet Newsable
🗓 11 Nov 2026, 02:17 AM
👁 12
On Holding reported its highest ever third‑quarter sales, with apparel earnings climbing 39% and a revised higher gross‑margin forecast, while its shares slipped in pre‑market trading.
On Holding released its financial results for the third quarter, indicating a record level of sales for the company. The overall revenue for the period surpassed all previous quarters, marking a new high in the firm’s history.
The apparel segment was the primary driver of growth, posting a 39% increase in revenue compared with the same quarter last year. Strong consumer demand for the brand’s clothing lines contributed to the sharp rise.
Alongside the sales surge, the company upgraded its gross‑margin outlook for the current fiscal year, signalling expectations of improved profitability across its product portfolio.
Despite the upbeat earnings, On Holding’s shares fell in pre‑market trading. Market participants pointed to a combination of profit‑taking and uncertainty about the sustainability of the margin expansion as reasons for the dip.
The apparel segment was the primary driver of growth, posting a 39% increase in revenue compared with the same quarter last year. Strong consumer demand for the brand’s clothing lines contributed to the sharp rise.
Alongside the sales surge, the company upgraded its gross‑margin outlook for the current fiscal year, signalling expectations of improved profitability across its product portfolio.
Despite the upbeat earnings, On Holding’s shares fell in pre‑market trading. Market participants pointed to a combination of profit‑taking and uncertainty about the sustainability of the margin expansion as reasons for the dip.