05:27 AM EST, 11/12/2024 (MT Newswires) -- On Holding AG ( ONON ) reported Q3 adjusted earnings Tuesday of 0.15 Swiss francs ($0.17) per diluted class A share, down from 0.20 francs per share a year earlier.

Analysts surveyed by Capital IQ expected 0.20 francs.

Net sales for the quarter ended Sept. 30 were 635.8 million francs, up from 480.5 million francs a year earlier.

Analysts polled by Capital IQ expected 619 million francs.

For 2024, the company expects net sales of at least 2.29 billion francs, higher than the 2.26 billion francs expected previously. Analysts surveyed by Capital IQ expect 2.28 billion francs.