On Holding AG's stock price rose by 18.02% due to a confluence of strong positive factors. The company reported impressive Q1 earnings with profits exceeding expectations, attributed to increased demand for its products and efficient cost management. Additionally, there was a surge in sales, reaching record levels, with a significant rise in quarterly net sales, particularly in the direct-to-consumer segment. The company's performance exceeded analyst estimates, leading to a surge in stock price and positive market sentiment. On Holding's financial results showcased robust growth, with substantial increases in key financial metrics, signaling strong operational performance and future growth potential in the sportswear industry.