On Holding (ONON) Lags Q1 Earnings Estimates

Company Performance - On Holding (ONON) reported quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share, and down from $0.38 per share a year ago, representing an earnings surprise of -4.17% [1] - The company posted revenues of $808.1 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.76%, compared to year-ago revenues of $581.41 million [2] - Over the last four quarters, On Holding has surpassed consensus EPS estimates just once, but has topped consensus revenue estimates three times [2] Stock Performance and Outlook - On Holding shares have lost about 6.3% since the beginning of the year, while the S&P 500 has declined by -0.6% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the coming quarter at $0.29 on revenues of $835.81 million, and $1.18 on revenues of $3.4 billion for the current fiscal year [7] - The current Zacks Rank for On Holding is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Industry Context - The Retail - Apparel and Shoes industry, to which On Holding belongs, is currently in the bottom 39% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Genesco (GCO), another company in the same industry, is expected to report a quarterly loss of $2.06 per share, with revenues projected at $463.91 million, reflecting a year-over-year increase of 1.4% [9]