Financial PerformanceOn became free cash flow positive and grew its free cash flow, ending with a net cash position with significant cash and no debt.
Growth StrategyAnalysts believe management is building a durable growth strategy, leading to naming it as a top idea for future years.
LeadershipThe company announced four key leadership hires, including a chief people officer (coming from Spotify), chief innovation officer (Specialized, Dyson), chief communications officer (Axel Springer), and chief supply officer (Levi’s).