On Holding Revenue Boost

2 months ago

Paul Sweeney

"Okay, we'll move on to Swiss sneaker maker on holding. Okay. Ticker O N. Their shirts have actually been up as much as 11%. This is um a company backed by Roger Federer. Yes. Tennis champ. Founded in 2010. Yes. >> Didn't even know this company existed. Didn't even know this. I didn't even know this brand existed. >> Yes. 2010. Then it goes back to okay so they they boosted their forecast right for the year. Better than expected third quarter. Asia and Europe were a big part of it. They really snatching up on the shoes. Um they now see revenue growing 34% this financial year. I mean it's become one of the top performers in the sneaker world. It's even expanding to tennis. Yes, that's where they get in Roger Federer. Um training shoes, apparel as well. Um they're eating into markets. You have bigger players like Nike and Puma. They're they're giving them competition. the the Roger Clubhouse, $140 lifestyle all day tennis inspired Vespawearing shoe. I mean, I can see."

The discussion on on holding underscores its impressive performance, with shares up 11% and a boosted forecast featuring a 34% projected revenue growth for the financial year. Backed by Roger Federer, the company is positioning itself aggressively against established competitors like Nike and Puma in both sneaker and tennis apparel markets.

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