1350 ET - On Holding's latest results and outlook confirm the sneaker and athletic wear brand is taking share from competitors, Baird analysts say in a note. The company's momentum has continued with another record revenue month in July, and consistent strength across recent weeks, even amid concerns of changing category dynamics with a tougher macroeconomic backdrop and Nike's budding comeback, the analysts say. The company is benefiting from bold marketing and brand investments, compelling product innovation with nine key footwear franchises and expanded wholesale distributions, they note. On Holding rallied nearly 9% on Tuesday, but is currently off 3.4%. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
August 13, 2025 13:51 ET (17:51 GMT)
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