On Holding AG's Impressive Q2 Financial Performance

• On Holding AG (NYSE:ONON) reported a quarterly revenue of $726.6 million, indicating strong sales and market presence.
• The company achieved a net income of $56.7 million and a gross profit of $435.3 million, showcasing effective cost management and operational efficiency.
• UBS maintains a "Buy" rating for NYSE:ONON, raising the price target from $75 to $79, reflecting optimism about the company's growth potential.

On Holding AG, known on the NYSE:ONON, is a prominent player in the athletic footwear and apparel industry. The company is recognized for its innovative designs and technology-driven products. As a competitor to brands like Nike and Adidas, On Holding has carved out a niche with its unique approach to performance gear.

In its recent financial report for the second quarter ending June 30, 2025, On Holding AG has shown notable financial performance. The company reported a quarterly revenue of $726.6 million, indicating strong sales and market presence. This revenue figure is a key indicator of the company's ability to capture consumer interest and maintain its competitive edge.

The company's profitability metrics also reflect positive developments. On Holding achieved a net income of $56.7 million, supported by a gross profit of $435.3 million. These figures suggest effective cost management, as the cost of revenue was $291.3 million. The operating income of $77 million further highlights the company's operational efficiency.

Investors are likely to be interested in the strategic insights provided by these financial metrics. The earnings per share (EPS) of $0.17 and an EBITDA of $98.1 million are crucial indicators of the company's financial health. Additionally, the income before taxes was $63.9 million, with an income tax expense of $7.2 million, showcasing a solid financial foundation.

UBS's decision to maintain a "Buy" rating for NYSE:ONON, as reported by TheFly, reflects confidence in the company's future prospects. The stock was priced at $48.14 at the time of this announcement, with UBS raising the price target from $75 to $79. This adjustment suggests optimism about On Holding's potential for growth and market performance.