As Nike lags, CEO Elliott Hill said Ohio State Buckeyes coach Ryan Day revealed the key to a strong offense
Sales and profits at Nike slid in the third quarter, but CEO Elliott Hill praised the new strategic path forward.
Nike shares plunge after sneaker giant warns sales could fall by double digits
Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround plans after the struggling ...
Nike Comeback Bid Is Threatened by Inventory Reset, Tariffs
Nike Inc.’s turnaround effort is hitting snags as the company tries to clear out old inventory while feeling the effects of a ...
Nike Q3 Earnings Preview: Analyst Says New CEO Can 'Right The Ship,' But It Could Take Longer Than Expected
Nike reports third-quarter financial results Thursday. Analysts expect declines in revenue and earnings per share. A look at ...
Nike forecasts fourth-quarter revenue below estimates, shares drop
Nike on Thursday forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it ...
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Nike Executives Say Turnaround Plan Will Take Time
We can and will be better,” said Nike CEO Elliott Hill during a call with ... turnaround strategy and tariffs on products coming from China and Mexico, executives said. Nike makes 18% of its ...
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Nike share price cracks 9% to hit five-year low after Q4 sales drop 17%; Mcap below $100 billion for first time
Nike shares have declined in the session after earnings for six straight quarters. The stock is down more than 60 per cent ...
Nike Trips as Forecast of Another Sales Decline Dims Quick Turnaround Hopes
To be sure, Hill has fast-tracked certain sneaker launches such as Pegasus premium and Vomero 18 that helped lift sales in ...