Nike (NYSE: NKE) stock continues to falter as the athletic giant tries to find its footing, but its industry peers aren't doing much better. Nike stock is down 15% over the past year, but newcomer On Holding (NYSE: ONON) is down 11%, and Lululemon Athletica has lost half of its value. Nike and On are two sides of the same coin. Nike represents the established industry leader, while On is the new and exciting start-up. Let's see which one is the better buy today. Will AI create the world's first trillionair ...

每经AI快讯，2月20日，安德玛（Under Armour）和昂跑（On Holding）的股价均上涨约4%。 ...

Key Takeaways AEO's brand-level performance was a key highlight. DECK gains from HOKA and UGG momentum, margin discipline, and international growth. TPR raised fiscal 2026 guidance as Coach's strength and margin expansion lift results.The Retail - Apparel and Shoes industry entered 2026 on a relatively stable note despite a volatile macroeconomic environment, with demand increasingly shaped by more selective, value-conscious consumer and faster-moving trend cycles.The Zacks-defined Retail – Apparel and Shoe ...

On Holding AG (NYSE:ONON) is one of the best foreign stocks to buy right now. On February 3, Bernstein SocGen Group reaffirmed its Outperform rating on On Holding AG (NYSE:ONON) and left the price target unchanged at $70. The firm pointed out that ONON is one of the most dislocated stocks in sportswear. In other words, On Holding’s price has dropped more than it should have, down 15% in 2025, even though the company posted blowout results that year. Bernstein called On Holding the most compelling LT comp ...

Core Insights - Emerging brands are showing strong competitive positioning that can lead to long-term growth opportunities [1] - Identifying these brands early can uncover significant investment potential, despite the volatility in their stock prices [1] E.l.f. Beauty - E.l.f. Beauty has seen a stock decline of 67% but continues to be a leading cosmetics brand with a strategy focused on premium products at competitive prices [4][6] - The company has grown its trailing-12-month revenue from $578 million to $1.52 billion over the past three years, indicating strong growth [5] - In the recent quarter, net sales increased by 38% year over year to $489 million, despite a challenging consumer spending environment [8] - E.l.f. Beauty's market cap is currently $4.4 billion, with a forward price-to-earnings (P/E) multiple of 24, which is considered reasonable for a fast-growing brand [8] On Holding - On Holding's stock has decreased by 29% from recent highs, but the brand shows significant growth potential with a 35% year-over-year sales increase on a constant-currency basis [9] - The company has a market cap of $15 billion and a forward P/E of 26, which is attractive given its sales and earnings growth exceeding 30% year over year [13] - On Holding maintains strong pricing power, indicating a durable brand that can sustain premium pricing without resorting to discounts [11][12]

Core Insights - On, a Swiss performance sportswear brand, will release its fourth quarter and full year 2025 financial results on March 3, 2026, before U.S. markets open [1] - The management will host an earnings conference call at 8 a.m. U.S. Eastern Time on the same day [1] - On was founded in 2010 with a mission to inspire movement and has since developed innovative products in footwear, apparel, and accessories for various activities [1] Financial Results Announcement - The financial results will be available before the opening of U.S. financial markets on March 3, 2026 [1] - A live conference call will be accessible via telephone and webcast, with details provided for participants from the U.S., the UK, and Switzerland [1] - A recording of the conference call will be made available on the company's investor relations website after the event [1] Company Background - On was established in the Swiss Alps and focuses on high-performance running, outdoor activities, and training [1] - The brand has gained a global presence in over 80 countries and has a growing digital community [1] - On's innovations, such as CloudTec® and LightSpray™, have contributed to its reputation in the circular economy and premium sportswear market [1]

Company Performance - On Holding (ONON) shares decreased by 3.94% to $44.13, underperforming the S&P 500's daily loss of 0.84% [1] - Prior to the recent trading session, shares had declined by 6.24%, lagging behind the Retail-Wholesale sector's gain of 6.19% and the S&P 500's gain of 1.8% [2] Earnings Forecast - The upcoming earnings disclosure is anticipated to show an EPS of $0.26, reflecting a 31.58% decrease from the same quarter last year [3] - The Zacks Consensus Estimate projects net sales of $896.42 million, which is a 29.68% increase from the previous year [3] - For the entire fiscal year, earnings are projected at $0.94 per share, down 14.55% from the prior year, while revenue is expected to reach $3.73 billion, up 41.37% [4] Analyst Estimates and Rankings - Recent changes in analyst estimates indicate a direct relationship with stock price performance, with positive revisions suggesting analyst optimism [5] - On Holding currently holds a Zacks Rank of 1 (Strong Buy), which has historically outperformed with an average annual return of +25% since 1988 [6] Valuation Metrics - On Holding has a Forward P/E ratio of 26.8, which is higher than the industry average of 16.89, indicating it is trading at a premium [7] - The company has a PEG ratio of 1.14, compared to the industry average PEG ratio of 1.94, suggesting a favorable growth outlook relative to its valuation [8] Industry Context - The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector, holding a Zacks Industry Rank of 45, placing it in the top 19% of over 250 industries [9]

Core Insights - On Holding (NYSE:ONON) is projected to double by 2030 despite a recent downgrade by Williams Trading from Buy to Hold, with a revised price target of $47 down from $55 due to concerns over product segmentation decisions [1][7] Financial Performance - In Q3 2025, On Holding's apparel category saw significant growth, surpassing 1 million units sold for the first time, with sales increasing by 86.9% to CHF50.1 million. Footwear sales also grew by 21.1%, reaching CHF731.3 million [3] - Following these results, On Holding raised its full-year 2025 constant currency sales growth guidance to 34%, up from a previous forecast of at least 31% [3] Market Trends - The company is expected to experience a deceleration in wholesale order growth in the Americas for FY2026, with similar slowdowns anticipated in Europe for the foreseeable future [2] - Increased direct-to-consumer costs are likely to exert pressure on EBIT margins over time [2] Company Overview - On Holding develops and distributes a range of sports products globally, including athletic footwear, apparel, and accessories for various activities such as running, outdoor sports, training, and tennis [4]

Executive Changes - Progressive CFO John Sauerland will retire on July 3, having been with the company since 1990 and CFO since 2015. Andrew Quigg, the current chief strategy officer, will succeed him [2] - Trade Desk appointed Tahnil Davis as interim CFO while searching for a permanent replacement. Davis has been with the company for nearly 11 years and was previously the chief accounting officer [3] - Frank Sluis will join athletics brand On as CFO on May 1, having previously served as CFO for Europe and Indonesia at Ahold Delhaize. He succeeds Martin Hoffmann, who will continue overseeing the finance organization until Sluis starts [4] - Brunt Workwear hired Stephen Stanton as CFO and COO, coming from ButcherBox where he was finance chief for over three years. He has a background in finance leadership roles at Athenahealth and Staples [5]

Core Insights - On Holding AG (NYSE:ONON) is recognized as one of the best high growth European stocks to buy, despite a recent price target reduction by KeyBanc from $68 to $58 while maintaining an Overweight rating [1] - Goldman Sachs upgraded On Holding AG from Neutral to Buy, raising its price target from $52 to $59, citing the stock's de-rating as a compelling entry point for investors [2] Group 1: Company Performance and Outlook - KeyBanc highlights On Holding's strong growth setup, driven by global momentum, a robust product pipeline, pricing flexibility, and customer loyalty [2] - Goldman Sachs anticipates On Holding AG will outperform market projections for the fourth quarter of 2025, supported by high-frequency data indicating a solid holiday season for the brand [3] Group 2: Business Operations - On Holding AG is engaged in the development and distribution of sports products, including apparel, footwear, and accessories, with a global sales presence through distributors, independent retailers, online platforms, and its own stores [3]