On Holding’s (ONON) Management Is “So Good,” Says Jim Cramer

Core Insights - On Holding AG (NYSE:ONON) reported strong earnings, raising its full-year guidance for the third consecutive time, with revenue of CHF794 million and earnings of CHF0.47, both exceeding analyst expectations [2] - The company increased its full-year revenue guidance to CHF2.98 billion from CHF2.91 billion, slightly above estimates [2] - Despite a 3% decline in shares since August, the stock surged by 20% following the earnings announcement [2] Management and Market Sentiment - Jim Cramer praised On Holding's management, highlighting their performance and suggesting that short sellers have made a mistake by betting against the stock [3] - Cramer expressed confidence in the company's future performance, indicating that the results were in line with his expectations for the next quarter [3]