On Holding AG (NYSE:ONON) shares are trading higher on Tuesday. The company reported adjusted earnings per share of 15 cents, missing the analyst consensus of 16 cents. The company reported quarterly sales of $627.683 million, beating the street view of $561.038 million. In the second quarter, gross profit margin reached 59.9%, up from 59.5% in the prior year period. The company’s increased profitability is further reflected in the significant expansion in net income and adjusted EBITDA compared to the same period in the prior year. “Over the past months, ...