On Holding (ONON) Reports Q2 Loss, Beats Revenue Estimates

Group 1 - On Holding (ONON) reported a quarterly loss of $0.11 per share, which was better than the Zacks Consensus Estimate of $0.24, and a decline from earnings of $0.16 per share a year ago, resulting in an earnings surprise of -145.83% [1] - The company posted revenues of $907.78 million for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 6.69%, and showing a significant increase from year-ago revenues of $627.66 million [2] - Over the last four quarters, On Holding has surpassed consensus revenue estimates four times, but has only exceeded EPS estimates once [2] Group 2 - On Holding shares have declined approximately 16.5% since the beginning of the year, contrasting with the S&P 500's gain of 8.4% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.34 on revenues of $925.96 million, and for the current fiscal year, it is $1.12 on revenues of $3.53 billion [7] Group 3 - The Zacks Industry Rank indicates that the Retail - Apparel and Shoes sector is currently in the bottom 42% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - The estimate revisions trend for On Holding was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]