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BWG Global Downgrades View on On Holding AG’s (ONON) to Mixed from Positive
Yahoo Finance· 2025-11-04 14:36
Core Insights - On Holding AG (NYSE:ONON) has seen a surge in stock price following updates from analysts regarding its revenue potential and market positioning [1][3] Group 1: Analyst Ratings and Price Targets - Goldman Sachs lowered its price target for On Holding AG to $50 from $57 while maintaining a Neutral rating, suggesting that the company's direct-to-consumer (DTC) model may allow for faster revenue growth compared to competitors like Nike and Adidas [1] - Raymond James analyst Rick Patel reduced the price target to $55 from $66 but set an Outperform rating, indicating optimism about rising revenue estimates in the Softlines and Digital Commerce sectors as consumer momentum improves [3] Group 2: Revenue Estimates and Market Conditions - Goldman Sachs expressed concerns about a long-term revenue estimate of CHF19 billion, citing a lack of exposure to team sports as a limiting factor [2] - The company is facing tariff risks, particularly from potential higher tariffs on imports from China, which could pressure margins despite some relief from foreign exchange shifts [4] Group 3: Company Overview - On Holding AG specializes in the development and distribution of sports products, including apparel, footwear, and accessories, with a global sales strategy that includes distributors, independent retailers, and an online presence [4]
DICK'S Sporting Goods Plans to Hire 14,000 Seasonal Teammates for 2025 Holiday Shopping Season
Prnewswire· 2025-10-16 13:03
Core Insights - DICK'S Sporting Goods plans to hire approximately 14,000 seasonal employees for the 2025 holiday season, with a recruitment event called "National Signing Day" on October 22, 2025 [1][3] - Foot Locker, now part of DICK'S, will add around 4,750 team members across various store locations in North America during the holiday season [2] - The company emphasizes its positive workplace culture, having been recognized on the Fortune Best Workplaces in Retail List and receiving Great Place to Work certification for five consecutive years [3] Hiring Plans - DICK'S will hire over 9,100 seasonal teammates for its DICK'S Sporting Goods, DICK'S House of Sport, and Public Lands locations, along with over 500 for Going, Going, Gone! locations [1] - Seasonal hiring will continue beyond National Signing Day until all positions are filled, with applications available online [6] Store Operations - All DICK'S and US Foot Locker stores will be closed on Thanksgiving Day, November 27, 2025, allowing employees to spend time with family, while online shopping will remain available [4] Company Overview - DICK'S Sporting Goods is a leading omni-channel retailer with a diverse brand portfolio, including DICK'S Sporting Goods, Golf Galaxy, Public Lands, and Going Going Gone! [8] - The company operates Foot Locker and its subsidiaries, serving the global sneaker community across 20 countries [8] Community Engagement - DICK'S has a strong commitment to youth sports, having donated millions through its Sports Matter program and other initiatives to support under-resourced teams and athletes [9]
Where is On Holding AG (ONON) Headed According to Analysts?
Yahoo Finance· 2025-10-03 10:27
Core Insights - On Holding AG (NYSE:ONON) is identified as one of the most oversold large-cap stocks in 2025, with a Buy rating maintained by UBS analyst Jay Sole and a price target set at $79.00 [1] - The stock has received multiple Buy ratings from analysts, including Morgan Stanley with a price target of $65.00 and Bernstein with a target of $70.00, indicating strong analyst consensus [2] - The median price target for On Holding AG is $40.96, suggesting a potential upside of 68.28% from current levels [2] Company Overview - On Holding AG specializes in the development and distribution of sports products, which include apparel, footwear, and accessories [3] - The company markets its products globally through various channels, including global distributors, independent retailers, an online presence, and its own stores [3]