05:43 AM EDT, 08/13/2024 (MT Newswires) -- On Holding AG ( ONON ) reported Q2 adjusted profit Tuesday of 0.14 Swiss francs ($0.16) per diluted share, up from 0.04 francs per share a year earlier.

Analysts polled by Capital IQ expected 0.17 francs per share.

Net sales for the quarter ended June 30 were 567.7 million francs, up from 444.3 million francs a year earlier.

Analysts polled by Capital IQ expected 562.7 million francs.

For 2024, the company expects net sales of at least 2.26 billion francs. Analysts polled by Capital IQ are expecting 2.3 billion francs.

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