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On Holding Q2 2026 earnings: stock drops 22% on sales missAmericas sales grew just 13% in constant currency terms in Q2, slowing from 17% growth the prior quarter
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Americas sales grew just 13% in constant currency terms in Q2, slowing from 17% growth the prior quarter

Co-CEO David Allemann said On Holding is winning over what it calls the “movement class,” consumers who view fitness as part of their identity.
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