Premium Footwear Stocks Slide After On’s Q2 Shortfall - Where Value Might Be Found
On Holding’s Q2 results and below-consensus FY2026 guidance sparked a sharp premarket drop and a sector-wide pullback in premium footwear shares. The report highlighted decelerating growth and widening FX headwinds. Analysts have cut targets on Birkenstock ahead of its August 13 release, while Under Armour faces downgrades tied to fading pricing po…