On’s Co-CEO Says Paris Olympics Will Help Grow Brand Awareness

March 13, 2024

Despite a surprising loss in Q4, On Holding is looking towards the future, with a special focus on the Olympic Games in Paris this summer.

In the fourth quarter, the Swiss running shoe brand posted a net sales increase in Q4 of 21.9 percent to 447.1 million Swiss francs. Sales came in around 1.5 percent less than analysts had been projecting, according to FactSet. Losses tallied 26.8 million Swiss francs from 26.4 million a year earlier and loss per share was 5 cents, which also fell short of estimates. FN