Group 1: On Holding - On Holding is gaining attention in the elite athleticwear market with its distinctive footwear and premium brand positioning targeting affluent consumers [3][5] - The company has expanded its product line to include activewear, with footwear remaining its core product, and recently introduced innovative LightSpray shoes [4][5] - On Holding reported a 33% year-over-year sales increase in Q3 2024, with direct-to-consumer sales growing by 50%, now accounting for 38.8% of total sales [5] - The company achieved a gross margin of 60.6% in Q3 2023, its highest since going public, and its stock has increased by 108% over the past year [6] Group 2: Toast - Toast operates as a fintech platform serving the restaurant industry, providing a comprehensive cloud-based solution for restaurant management [7][8] - The platform integrates various operational aspects, enhancing efficiency and decision-making through machine learning [8] - In Q3 2024, Toast added 7,000 new locations, a 28% year-over-year increase, and transitioned from a $59 million loss to a positive $35 million operating income [10] - The company holds approximately 13% market share in its category and is expanding through global growth and new features, with its stock up 125% over the past year [11]

Core Viewpoint - On Holding AG (ONON) is experiencing strong growth driven by its multi-channel strategy, particularly through its direct-to-consumer (DTC) channel, enhanced global brand awareness, and operational improvements [1][5]. Growth Drivers - The DTC channel has significantly outperformed the wholesale channel in 2024, with net sales increasing by 27.3% and 30.7% on a constant currency basis in the first nine months of 2024 [5]. - The DTC channel grew by 39% year over year and 43% on a constant currency basis, indicating strong brand momentum [5]. - The company achieved its highest gross profit margin since its IPO, reaching 60.6% in Q3 2024, an increase of 70 basis points year over year, primarily due to DTC growth and a focus on full-price sales [6]. - Strategic partnerships and a strong presence at events like the Paris Olympics have enhanced brand recognition, contributing to market share growth [7]. - New store openings in key locations, including New York City, Austin, Chicago, Milan, and Melbourne, have expanded the company's retail presence [8][9]. Challenges - The sportswear market is highly competitive, with established leaders dominating market share, posing challenges for ONON in gaining significant long-term market share [10]. - The company's marketing expenses increased by 33.6% year over year in the first nine months of 2024, raising concerns about the sustainability of sales growth from heavy marketing investments [11].

Group 1: Market Trends - Consumer discretionary stocks have experienced a surge in recent weeks due to increased risk-on behavior in equity markets [2] - On Holding (NYSE: ONON) has shown continued strength, indicating positive market sentiment towards this relatively new company [2] Group 2: Investment Strategy - The focus is on identifying potential winners early in their growth cycles through a combination of technical and fundamental analysis [3] - The investment strategy emphasizes efficient and profitable capital use, moving away from rigid buy-and-hold approaches [3]

The problem with amazing growth stocks is that when the market discovers them, enthusiastic investors can often converge on them quickly, sending the price through the roof. This doesn't lead to the steady stock appreciation that makes an investment worthwhile. Instead, it creates unnecessary volatility and a stock price that can undermine an otherwise healthy investment thesis.Prices need to be tied to some intrinsic value measure to make sense. That's why investors should stay away from growth stocks with ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about On Holding (ONON) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.On Holding currently has an average brokerage recommendation ...

On Holding (ONON) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this running-shoe and apparel company have returned +9.7%, compared to the Zacks S&P 500 composite's +1% change. During this period, the Zacks Shoes and Retail Apparel industry, which On Holding falls in, has lost 6.8%. The key question now is: What could be the stock's future direc ...

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On Holding is gaining momentum and has a long runway of growth ahead. The sporting goods business can be volatile, but On Holding (ONON -2.68%) has become the one consistent growth name for investors. In this video, Travis Hoium shows just how fast the company is growing and why the runway ahead is long. *Stock prices used were end-of-day prices of Nov. 12, 2024. The video was published on Nov. 12, 2024. ...

After some retail stocks were hit with relatively bearish price action, some investors might be weary of looking into the space for a new potential investment. That might make sense for those looking to avoid unnecessary risks, but keeping that attitude after last week’s rally in the overall market could be a mistake. When it comes to apparel stocks, you have two main options: established legacy brands that are already scaled and well-known—like Nike Inc. NYSE: NKE—and smaller, more agile brands that are ra ...

In the apparel and retail industry, no brand can expect to stay on top forever, as consumer tastes are always changing. Amid Nike's ( NKE ) problems this year maintaining market share in the running shoe category and encouraging strong growth With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular ...