The Swiss-based “disruptor” running brand, which generated $1 billion in trailing 12-month sales through Q3, is continuing to focus on innovation and sustainability while it establishes growth levers to reach younger, Chinese, and apparel consumers. It sees itself as a head-to-toe brand rooted in performance but with lifestyle adaptability. ONON continues to eye a 60% gross margin rate without the impact of added freight costs and a hi-teens EBITDA margin.

Co-CEOs Martin Hoffman and Marc Maurer told ICR Conference attendees that the company faced no operational constraints in Q4, some nine months ... Log in to view full article.