ONON
🏭 Onon manufactures 90% of its footwear in Vietnam, making it highly vulnerable to the new tariff policy.
📈 The company faces a significant 46% tariff increase on its products imported from Vietnam into the U.S.
📉 This tariff impact is projected to affect 60% of Onon’s sales and could potentially wipe out over 100% of its U.S. profits, posing a severe financial threat.
@InvertirdesdeCero:
“For example, the athletic footwear company Onon, which you surely know, manufactures 90% of its footwear in Vietnam. The tariff is going to increase by 46%. This will affect 60% of its sales, which it won’t be able to compensate with sales elsewhere. The result is that it will lose about 105% of its profit without having any earnings in the United States.”
Watch the exact part of the video where @InvertirdesdeCero talks about On Holding AG here:
Watch the video on YouTube
Read more articles analyzing On Holding AG (ONON) at the provided link. ONON stock.
