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New Nike CEO vows turnaround
Nike Is About to Report Earnings and Its New CEO’s Turnaround Plan. Can It Get Its Mojo Back?
Nike stepped in something, and it stinks. After decades of stellar sales and stock performance, the company has slipped into decline, and shares, which peaked above $175 just over three years ago, have collapsed to $77.
Nike's new CEO plans to go back to basics in brand overhaul effort
Nike's new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's plan to turn the spotlight on sports like basketball and running, allayed some investor worries.
Nike CEO Turnaround Rests on Unraveling Predecessor Mistakes
Nike Inc.’s new Chief Executive Officer Elliott Hill pledged to reignite growth by refocusing on sports and revamping the company’s products. But first, he has to undo all the things his predecessor did wrong.
Nike Inc Q2 Profit Falls
Nike Q2 results top estimates
Nike reported Thursday fiscal second-quarter results that beat expectations even as the sportswear giant struggles to arrest sluggish sales despite a uptick in promotional activity. Nike Inc (NYSE:NKE) shares jumped 7%
Nike: Fiscal Q2 Earnings Snapshot
Nike Inc. (NKE) on Thursday reported fiscal second-quarter earnings of $1.16 billion. The Beaverton, Oregon-based company said it had profit of 78 cents per share. The results surpassed Wall Street expectations.
Nike Inc Q2 Profit Falls, But Beats Estimates
Nike Inc (NKE) released earnings for second quarter that decreased from last year but beat the Street estimates. The company's
2h
Buy, Sell, Or Hold Nike Stock?
A company designing, developing, and marketing footwear, apparel, equipment, and accessory products, Nike (NYSE: NKE), stock ...
6h
Nike warns its turnaround will be a slog, after results beat expectations
Nike offered a muted forecast on Thursday, reversing gains in its shares made earlier in the day after the embattled ...
17h
on MSN
Nike CEO says sneaker giant ‘lost its obsession with sport,’ vows to revive iconic brand
Nike’s new CEO Elliott Hill warned of short-term pain as the embattled sportswear seller works to revive tepid demand for its ...
AOL
10h
Nike CEO Elliott Hill: our turnaround will be challenging, and will hinge on sports
Nike
(NKE) is taking a step in the right direction under new CEO Elliott Hill. The footwear brand posted its fiscal second ...
23h
on MSN
Nike CEO Elliott Hill outlines new strategy after retailer blames promotions for declining revenue and profit
Nike will report its first quarterly earnings since its new CEO, Elliott Hill, took the helm of the company in October.
12h
The Risky Strategy Behind Nike’s Massive Holiday Discounts
The sneaker giant’s new CEO is trying to clear out inventory, pressuring retailer partners.
Business Insider
12h
Telsey downgrades Nike with turnaround taking longer to execute
Telsey Advisory downgraded
Nike
(NKE) to Market Perform from Outperform with a price target of $80, down from $93. The firm came away from
Nike
’s fiscal Q2 earnings call, the first one led by new ...
4h
Barcelona’s plan to register Olmo through Nike deal thwarted due to objections from three rival clubs
Barelona’s new deal with Nike has opened plenty of avenues for the Catalans on the financial front for it provides massive ...
1h
on MSN
These Stocks Are Moving the Most Today: FedEx, Nike, Novo Nordisk, Lilly, Tesla, DJT, Carnival, U.S. Steel, Occidental, and More
FedEx stock jumps on plans by the shipping and logistics giant to spin off its freight trucking business, Nike tumbles after ...
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