Swiss performance sportswear brand On announced that it will release its financial results for the first quarter of 2023 on Tuesday, May 16, which will also mark the first time it will update its net revenue reporting differently by region. Specifically, “Rest of World,” which represented the Middle East, Africa and Latin America, will no longer be reported as a geographic location. Instead, the Middle East and Africa will now be combined with Europe and referred to as Europe, Middle East and Africa (EMEA), and Latin America will now be part of the new geographic location “Americas” (replacing North America as the geographic location). The new presentation of net sales by region has no impact on the previously reported consolidated historical total net sales or financial results, the company said.

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