Financial

On Holding’s Q2 operating income up 50 percent, but stock price falls

By 2023-08-16T11:15:00

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On Holding shares fell 14 percent, or $4.84, on the New York Stock Exchange yesterday to $29.77, after the company reported a 50 percent increase in quarterly operating income to 39.4 million Swiss francs (€41.1m) and raised its full-year revenue guidance to at least CHF 1.76 billion (€1.83b), including anticipated ...

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