05:30 AM EDT, 08/12/2025 (MT Newswires) -- On Holding ( ONON ) reported a Q2 adjusted loss Tuesday of 0.09 Swiss francs ($0.11) per diluted class A share, swinging from EPS of 0.14 francs a year earlier.

Analysts polled by FactSet expected EPS of 0.22 francs.

Net sales for the quarter ended June 30 were 749.2 million francs, up from 567.7 million francs a year earlier.

Analysts surveyed by FactSet expected 703.1 million francs.

For 2025, the company now projects net sales of at least 2.91 billion francs, up from an earlier outlook of 2.86 billion francs. Analysts surveyed by FactSet expect 2.93 billion francs.

On shares were up 9.7% in recent premarket activity.