Trade Relations - The US has flagged Indonesian footwear exports for radiation [1] Export Concerns - Indonesian shrimp and cloves are already on the US list of flagged exports [1]

Earnings Expectations - On Holding AG is set to release its third-quarter earnings results on November 12, with analysts expecting earnings of 27 cents per share, an increase from 16 cents per share in the same period last year [1] - The consensus estimate for quarterly revenue is $763.84 million, compared to $635.8 million a year earlier [1] Recent Performance - On August 12, On Holding reported better-than-expected second-quarter sales results, leading to a 0.6% increase in share price, closing at $35.18 [2] Analyst Ratings and Price Targets - Evercore ISI Group analyst Michael Binetti maintained an Outperform rating but reduced the price target from $68 to $50 [4] - Raymond James analyst Rick Patel also maintained an Outperform rating, lowering the price target from $66 to $55 [4] - TD Cowen analyst John Kernan maintained a Buy rating and cut the price target from $63 to $55 [4] - UBS analyst Jay Sole maintained a Buy rating and raised the price target from $75 to $79 [4] - Morgan Stanley analyst Alex Straton maintained an Overweight rating and increased the price target from $62 to $65 [4]

Core Insights - On Holding AG is set to release its third-quarter earnings results on November 12, with analysts expecting earnings of 27 cents per share, an increase from 16 cents per share in the same period last year [1] - The consensus estimate for quarterly revenue is $763.84 million, up from $635.8 million a year earlier [1] Group 1: Earnings Expectations - Analysts anticipate a significant increase in earnings per share from 16 cents to 27 cents year-over-year [1] - Revenue expectations show a growth from $635.8 million to $763.84 million, indicating strong performance [1] Group 2: Recent Performance - On Holding reported better-than-expected second-quarter sales results, contributing to a 0.6% increase in share price, closing at $35.18 [2] Group 3: Analyst Ratings and Price Targets - Evercore ISI Group analyst Michael Binetti maintained an Outperform rating but reduced the price target from $68 to $50 [4] - Raymond James analyst Rick Patel also maintained an Outperform rating while lowering the price target from $66 to $55 [4] - TD Cowen analyst John Kernan kept a Buy rating and cut the price target from $63 to $55 [4] - UBS analyst Jay Sole maintained a Buy rating and raised the price target from $75 to $79 [4] - Morgan Stanley analyst Alex Straton maintained an Overweight rating and increased the price target from $62 to $65 [4]

Shares of On Holdings AG have been trading off its highs as investors worry about future prospects amid a resurgence at Nike Inc. The company’s 52-week high was $64.05 on Jan. 30, 2025, and the low was $34.38 last Friday. More from WWD There’s been some concern since April over On’s ability to maintain its growth trajectory. Wall Street expects a solid third quarter report when On posts earnings results on Wednesday. But looking ahead beyond the third quarter is where it gets interesting, with differing ...

Core Insights - Weyco Group, Inc. (WEYS) shares increased by 12.8% following the earnings report for Q3 2025, contrasting with a 1.8% decline in the S&P 500 index during the same period [1] - The company reported earnings per share of 69 cents, down from 84 cents in Q3 2024 [1] Financial Performance - Net sales for Q3 2025 were $73.1 million, a 2% decrease from $74.3 million in the same quarter last year, attributed to tariffs and lower sales volume [2] - Gross earnings as a percentage of net sales fell to 40.7% from 44.3% year-over-year, with operating earnings decreasing by 21% to $8.1 million [2] - Net earnings dropped 18% year-over-year to $6.6 million [2] North American Wholesale Performance - The North American wholesale segment recorded net sales of $60.2 million, a 2% decrease from $61.1 million in the prior year, with a 7% drop in sales volume [3] - Price increases implemented on July 1, 2025, partially offset the volume decline, which was primarily due to disruptions with a key wholesale customer [3] Brand-Level Performance - Florsheim sales increased by 8%, supported by pricing, while Nunn Bush saw a 1% sales increase [4] - Stacy Adams experienced a 5% sales decline, and BOGS sales fell sharply by 17% due to reduced shipments [4] - Wholesale gross margins declined to 35.7% from 40.1% due to tariffs, with operating earnings for the wholesale segment falling 20% to $7.5 million [4] Retail and International Operations - The North American retail segment reported net sales of $7 million, down 4% from $7.2 million, driven by weaker demand on e-commerce sites [5] - Retail gross earnings as a percentage of net sales slipped to 66.4% from 66.9%, with operating income declining to $0.6 million [5] - International operations generated net sales of $6 million, unchanged from the prior year, but local currency sales grew 2% [6] Management Commentary - CEO Thomas Florsheim Jr. highlighted that the sales decline was influenced by the wholesale customer issue and tariffs, particularly a 30% tariff on goods from China [7] - Management noted that price increases were insufficient to fully offset the tariff burden, leading to margin erosion [7] Strategic Initiatives - The company is diversifying its factory base beyond China and strengthening relationships with manufacturing partners to mitigate tariff exposure [8][9] - Management expressed confidence in adapting to the changing trade landscape, with potential signs of tariff relief from U.S.-China trade talks [11] Other Developments - Weyco decided to wind down its Forsake brand due to lack of growth and profitability, aiming to optimize its brand portfolio [12] - The Board of Directors declared a special cash dividend of $2.00 per share and a regular quarterly dividend of 27 cents per share, reflecting a strong liquidity position with $78.5 million in cash and no debt [13]

Core Viewpoint - The analyst believes that the post-Q2 earnings selloff in Crocs, Inc. (CROX) is not a buying opportunity and has initiated a hold rating on the stock, which has declined approximately 3% since then [1]. Company Summary - Crocs, Inc. has experienced a selloff following its Q2 earnings report, leading to a cautious outlook from analysts [1]. - The stock is currently rated as a hold, indicating a neutral stance on its investment potential [1]. Analyst Background - The analyst has a strong focus on the tech sector and holds a Bachelor of Commerce Degree with Distinction, majoring in Finance [1]. - The analyst is a lifetime member of the Beta Gamma Sigma International Business Honor Society, emphasizing a commitment to excellence and integrity in their work [1].

Core Viewpoint - The analyst believes that the post-Q2 earnings selloff in Crocs, Inc. (CROX) is not a buying opportunity and has initiated a hold rating on the stock, which has declined approximately 3% since then [1]. Company Analysis - Crocs, Inc. has experienced a selloff following its Q2 earnings report, leading to a reassessment of its stock value [1]. - The analyst's focus is primarily on the tech sector, indicating a potential lack of emphasis on consumer goods like Crocs [1]. Analyst Background - The analyst holds a Bachelor of Commerce Degree with Distinction, majoring in Finance, and is a lifetime member of the Beta Gamma Sigma International Business Honor Society, emphasizing a strong educational background [1]. - Core values highlighted by the analyst include Excellence, Integrity, Transparency, and Respect, which are deemed essential for long-term success [1].

Core Insights - CEO Elliott Hill is focused on reviving declining sales through accelerated innovation development, particularly with the introduction of the uber-cushioned Vomero Premium [1] Group 1 - The company is experiencing flagging sales, prompting a strategic shift towards innovation [1] - The Vomero Premium is highlighted as a key product in the company's innovation strategy [1]

Company Overview - Crocs, Inc. (CROX) is an American footwear company recognized for its signature clogs, slides, sandals, and boots [1] Industry Position - The company operates within the consumer cyclical sector, focusing on the design, manufacturing, and marketing of footwear products for men, women, and children [1]

Company Overview - Crocs, Inc. (CROX) is an American footwear company recognized for its signature clogs, slides, sandals, and boots [1] - The company operates within the consumer cyclical sector and focuses on designing, manufacturing, and marketing products for men, women, and children [1]