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On: Q1 sales jump 78.3 percent, raises outlook

On Holding AG reported a net sales increase of 78.3 percent to 420.2 million Swiss francs for the first quarter of 2023. On is raising its net sales outlook for the full fiscal year ending December 31, 2023 to at least 1.74 billion Swiss francs. Its outlook for gross profit margin is expected to reach 58.5 percent, implying an absolute gross...

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