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On CEO Martin Hoffmann: We'll remain focused on full-priced sales throughout the holidays
CNBC Television· 2025-11-12 17:51
are a d. Everyday investors like No plans for any Black Friday discounts. Joining us this morning in a first on CNBC interview is CEO Martin Hoffman.Martin, so much to get to. Thanks for being with us today. >> Thanks for having me.>> Does this quarter reflect some kind of inflection point with the consumer. >> I mean, it's been an absolutely amazing quarter with close to 35% constant currency growth. But what it really shows is the strategy that we are having.And this is a strategy of building the most pre ...
This Sneaker Company Says You Shouldn't Expect 'Black Friday' Discounts
Investopedia· 2025-11-12 16:15
On Holding shares jumped as the Swiss sneaker maker posted better-than-expected results and lifted its outlook for a third straight quarter. Cheng Xin / Getty Images Close Key Takeaways Consumers continue to snap up On Holding's premium sneakers. But they shouldn't expect them to get cheaper this holiday season. Shares of On Holding (ONON) soared more than 20% in Wednesday trading after the Roger Federer-backed Swiss sneaker maker reported better-than-expected third-quarter results and raised its full-year ...