On Sets 2029 Ambitions With Net Sales Reaching At Least CHF 5.6B, Backed By $1B Buyback And Entry Into Football And Golf

On has announced its strategy to achieve net sales of at least CHF 5.6 billion by 2029, supported by a $1 billion share buyback program. The company's growth strategy focuses on key pillars including Run, Sneaker, and Apparel, along with new entries into Football and Golf. On aims for a high-teens constant currency net sales CAGR, a gross profit margin of at least 65%, and an adjusted EBITDA margin of at least 22% by 2029. The company is also on track to exceed its 2026 financial targets.