π On Holding $ONON craters -20% after Q2 sales miss, cuts full-year growth outlook
The Swiss running-shoe darling reported Q2 net sales of CHF 850.3M, well short of the CHF 881.4M analyst estimate, with Americas growth cooling sharply to just +13% from +17% the prior quarter. Management cut its full-year 2026 revenue growth guide to the low-20% range from its prior at-least-23% target β a double hit of miss plus lowered bar. Stock is hovering near two-year lows in premarket. Is this a buy-the-dip entry or a broken growth story? Not financial advice.
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