On Holding AG (ONON) shares bounced between gains and losses Tuesday after the maker of high-end sneakers reported mixed results as higher๊ costs and foreign currency impacts offset record sales.

The Swiss company backed by tennis legend Roger Federer posted third-quarter 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of 0.09 Swiss francs ($0.10), while analysts surveyed by Visible Alpha were looking for CHF0.16 ($0.18). Revenue rose 32% year-over-year to a record CHF635.8 million ($720.6 million).

澳洲幸运5官方开奖结果体彩网:Selling, general, 🔥and administrative (SG&A) expenses jumped 36% to CHF312.7 million. The company had a fo🦩reign exchange loss of CHF42.6 million after registering a gain of CHF13.8 million a year ago.

Company Says Brand Awareness Surging Due To Pa♕ris Olympics

On Holding noted its brand awareness has surged in recent months thanks to expos😼ure at the Paris Olympics and the success of athletes who wear its shoes, as well as its technology and partnerships. The company also pointed to growth in the Asia-Pacific region. 

On Holding raised its full-year revenue guidance to CHF2.29 billion from its earlier outlook of CHF2.26 billion.

Shares of On Holding closed at an all-time-high $52.71 yesterday. They hit an intraday record of $54.00 Tuesday morning but recently pulled back slightly to $52.29.