May. 12 at 5:15 PM
$ONON Strong quarter, beat my expectations so I added.
Strong Asia and apparel growth (>50% each).
Slow down in growth in Americas was to be expected (tariffs, still >15% growth).
Margins are never a concern with ONON, unparalleled in the sector.
The whole sector is way too beaten down. AI won't just replace sportswear brands. If it will, ONON could be in a great position with their LightSpray robots.
$UA,
$NKE,
$LULU,
$DECK
