On Holding's Strong Brand Momentum Gets The Likes Of This Analyst
On Holding's Strong Brand Momentum Gets The Likes Of This Analyst
在控股的強大品牌勢頭得到這個分析師的喜歡
- Telsey Advisory Group analyst Cristina Fernández reiterated an Outperform rating on the shares of On Holdings AG (NYSE:ONON) with a price target of $30.00.
- The company noted it had seen a good holiday season so far in footwear with full-price sales. The recent 2-for-1 apparel promotion it ran online was limited and used as an activation to drive customers to the site and clear some out-of-season products.
- Looking to 2023, Spring orders from wholesale accounts reflect continued strong growth supported by new product introductions in both performance and lifestyle and select expansion of wholesale accounts.
- While the consumer environment is choppy, the analyst sees On as an outlier in the consumer space, given its fast growth and ability to maintain full-price selling.
- The company has a solid pipeline of product launches slated for 2023, including a new cushioning platform.
- Looking to next year, the analyst expects both the gross margin and EBITDA margin to expand Y/Y as On laps 300-350 basis points of pressure from higher air freight usage in 2022 and benefits from passing through price increases.
- On has observed the consumer be more cautious in Europe than in the U.S.
- The analyst said the company is taking a measured approach to growing its distribution in order to ensure the brand is showcased in a premium way.
- The analyst expects gradual expansion with all three new wholesale partners, Dick's Sporting Goods Inc (NYSE:DKS), Foot Locker, Inc.(NYSE:FL), and JD Sports Fashion PLC (OTC:JDSPY) (OTC:JDDSF).
- On has been expanding with JD Sports in the U.K. and is evaluating adding its assortment to Foot Locker stores, the analyst cited.
- Price Action: ONON shares are trading higher by 0.67% at $18.03 on the last check Wednesday.
- Photo Via Company
- Telsey Advisory Group analyst Cristina Fernández reiterated an Outperform rating on the shares of On Holdings AG (NYSE:ONON) with a price target of $30.00.
- The company noted it had seen a good holiday season so far in footwear with full-price sales. The recent 2-for-1 apparel promotion it ran online was limited and used as an activation to drive customers to the site and clear some out-of-season products.
- Looking to 2023, Spring orders from wholesale accounts reflect continued strong growth supported by new product introductions in both performance and lifestyle and select expansion of wholesale accounts.
- While the consumer environment is choppy, the analyst sees On as an outlier in the consumer space, given its fast growth and ability to maintain full-price selling.
- The company has a solid pipeline of product launches slated for 2023, including a new cushioning platform.
- Looking to next year, the analyst expects both the gross margin and EBITDA margin to expand Y/Y as On laps 300-350 basis points of pressure from higher air freight usage in 2022 and benefits from passing through price increases.
- On has observed the consumer be more cautious in Europe than in the U.S.
- The analyst said the company is taking a measured approach to growing its distribution in order to ensure the brand is showcased in a premium way.
- The analyst expects gradual expansion with all three new wholesale partners, Dick's Sporting Goods Inc (NYSE:DKS), Foot Locker, Inc.(NYSE:FL), and JD Sports Fashion PLC (OTC:JDSPY) (OTC:JDDSF).
- On has been expanding with JD Sports in the U.K. and is evaluating adding its assortment to Foot Locker stores, the analyst cited.
- Price Action: ONON shares are trading higher by 0.67% at $18.03 on the last check Wednesday.
- Photo Via Company
- 泰爾西顧問團分析師Cristina Fernández重申了對該公司股票的表現優於安安控股股份公司(紐約證券交易所代碼：ONON)，目標價為30.00美元。
- 該公司指出，到目前為止，鞋類產品的全價銷售在假日季節表現良好。該公司最近在網上推出的2送1服裝促銷活動是有限的，並被用作一種激勵措施，以吸引顧客訪問網站，並清除一些過季產品。
- 展望2023年，批發客戶的春季訂單反映出持續強勁的增長，這得益於業績和生活方式方面的新產品推出以及批發客戶的精選擴張。
- 雖然消費環境起伏不定，但這位分析師認為，鑑於其快速增長和維持全價銷售的能力，它在消費領域是一個局外人。
- 該公司計劃於2023年推出一系列堅實的產品，包括一個新的緩衝平臺。
- 展望明年，分析師預計毛利率和EBITDA利潤率都將擴大Y/Y，因為2022年航空貨運量增加帶來的壓力為300至350個基點，以及價格上漲的轉嫁帶來的好處。
- On觀察到，歐洲的消費者比美國的消費者更加謹慎。
- 這位分析師表示，該公司正在採取謹慎的方式擴大分銷，以確保該品牌以高端方式展示。
- 這位分析師預計，隨著這三家新的批發合作夥伴的逐步擴張，迪克體育用品公司(紐約證券交易所代碼：DKS)，Foot Locker，Inc.(紐約證券交易所代碼：FL)，以及JD Sports Fashion PLC(場外：JDSPY)(場外：JDDSF)。
- 這位分析師援引說，On一直在通過JD Sports在英國擴張，並正在考慮將其品種增加到Foot Locker門店。
- 價格行動：在週三的最後一次檢查中，Onon的股價上漲了0.67%，至18.03美元。
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譯文內容由第三人軟體翻譯。
以上內容僅用作資訊或教育之目的，不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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以上內容僅用作資訊或教育之目的，不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
我知道了
風險及免責聲明
以上內容僅用作資訊或教育之目的，不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
我知道了
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