Sportswear brand On lifts annual targets again amid strong demand

Core Insights - On Holding raised its annual revenue target for the third time this year after exceeding quarterly sales and profit expectations [1] - The increase in revenue guidance is attributed to strong demand for its running shoes and sneakers [1] Company Performance - The company reported better-than-expected quarterly sales and profits [1] - The strong performance is linked to the popularity of its footwear products, particularly running shoes and sneakers [1]