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StocksMedium•13 May 2026•

1 min read

On Holding Raises 2026 EBITDA Guidance After Strong Q1 Results

Key Facts

1On Holding AG reported strong Q1 results with continued growth across sales channels, markets, and product categories.

2The company raised its 2026 EBITDA guidance, citing profitability gains from strong brand power.

On Holding AG reported strong Q1 results, with reports indicating continued growth across all sales channels, markets, and product categories. Driven by brand power and enhanced profitability, the company raised its 2026 EBITDA guidance. The expansion into the Chinese market and increased sales of apparel and accessories are identified as the primary long-term growth catalysts for ONON shares.

This optimistic outlook arrives as global sportswear peers show mixed performance; while Nike recently reported supply chain headwinds, Deckers Outdoor (HOKA) continued to post robust growth according to recent earnings reports cited by Seeking Alpha. Strong retail environments in Europe, such as Italy's 0.8% retail sales growth in May per market data, further support the premium sportswear segment.

In the markets, ONON shares maintained positive momentum as of the close on May 13, 2026. Investors are now shifting focus to upcoming US economic catalysts, including Initial Jobless Claims, which stood at 200k as of May 7, 2026, to gauge the continued resilience of consumer spending power.