On Holding AG's stock soared 5.14% in pre-market trading on Wednesday, following the company's impressive fourth-quarter and full-year 2024 results. The Swiss performance sportswear brand reported a strong constant currency growth rate of 33.2%, reaching CHF2.32 billion in net sales for the year.
Highlighting the company's remarkable performance, On Holding AG achieved a gross profit margin of 60.6% and an adjusted EBITDA margin of 16.7%, showcasing its premium positioning and operational profitability. The company exceeded its expectations in both top-line and profitability, driven by robust demand across channels and regions.
On Holding AG's success can be attributed to its strategic initiatives and growth strategies. The company has focused on building a premium global sportswear brand through product innovations, strategic partnerships, and an impactful presence in global markets. Key initiatives include the expansion of its direct-to-consumer (D2C) channel, with 19 new retail stores launched in iconic locations worldwide, and collaborations with influential personalities like Zendaya, FKA twigs, and Roger Federer.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。