Nike's Aging Sneaker Models Feel Heat From Upstarts On, Hoka [Yahoo! Finance]
On Holding AG (ONON)
Company Research
Source: Yahoo! Finance
that have exposed the US sporting-goods company's reliance on classic basketball models such as the Air Force 1. Most Read from Bloomberg NY Gears Up to Seize Trump Westchester Assets If Fraud Fine Is Unpaid Baltimore Wants to Sell Hundreds of Vacant Homes for $1 Each Yemen's Houthis Tell China, Russia Their Ships Won't Be Targeted China Scrutinizes PwC Role in $78 Billion Evergrande Fraud Case What Happens If Trump Can't Post His $454 Million Bond The world's largest sportswear retailer expects revenue to fall by a low-single-digit percentage in the first half of its fiscal year, which starts in June. Analysts had projected a 4% rise in the first quarter and a 6% gain in the second, according to estimates compiled by Bloomberg. Nike shares fell 7.5% at 9:42 a.m. on Friday in New York, and they're down 16% for the past 12 months. Over that period, rival Adidas AG's shares have gained 40% despite a series of setbacks for the German company, ranging from the demise of
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ONON
News
- Analyst Expects Net Loss of 45K Stores Over the Next Few Years [Yahoo! Finance]Yahoo! Finance
- On Holding AG (NYSE: ONON) had its "outperform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $37.00 price target on the stock.MarketBeat
- On Holding AG (NYSE: ONON) had its "overweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $32.00 price target on the stock.MarketBeat
- On Holding AG (NYSE: ONON) is now covered by analysts at William Blair. They set an "outperform" rating on the stock.MarketBeat
- Nike Starts Speeding Out Sneakers That Will Shape Its Future [Yahoo! Finance]Yahoo! Finance
ONON
Earnings
- 3/12/24 - Miss
ONON
Sec Filings
- 4/2/24 - Form 144
- 4/2/24 - Form 144
- 3/28/24 - Form 6-K
- ONON's page on the SEC website