Nike's new CEO said the company messed up 3 key areas that he's trying to fix — and it's bad news for customers who like cheap stuff
CEO Elliott Hill said that Nike would rein in the number of promotional events and focus on five categories of sports ...
Nike (NKE) Q2 2025 Earnings Call Transcript
Good afternoon, everyone. Welcome to NIKE, Inc.'s fiscal 2025 second quarter conference call. For those who want to reference ...
Nike just laid out an ambitious turnaround plan. But it will come at a cost.
Shares of Nike Inc. rallied after hours on Thursday after the sneaker maker reported quarterly results that topped ...
Nike warns its turnaround will be a slog, after results beat expectations
Nike posted a smaller-than-expected drop in second-quarter revenue on Thursday, as the embattled sportswear brand's release ...
Nike beats low expectations as investors look for turnaround under new CEO Elliott Hill
Nike (NKE) is taking a step in the right direction under new CEO Elliott Hill. The footwear brand posted its fiscal second quarter earnings on Thursday after market close. Its revenue of $12.35 ...
Nike CEO says sneaker giant ‘lost its obsession with sport,’ vows to revive iconic brand
Nike’s results beat modest estimates on Thursday and its shares jumped briefly, but the company soon dashed investor hopes ...
Nike's turnaround will take time and cost money, CEO says
Nike (NKE) projects headwinds to FQ3 revenue and gross margins as efforts to restore the business will involve aggressive ...
Stock market today: Dow ekes out gain, snapping longest losing streak in 50 years
Mortgage rates rose this week in the run-up to the Federal Reserve’s latest interest rate cut. The average 30-year mortgage ...
The Risky Strategy Behind Nike’s Massive Holiday Discounts
The sneaker giant’s new CEO is trying to clear out inventory, pressuring retailer partners.