While Nike did beat analyst estimates, its Q4 guidance indicated that performance would get even worse. The company sees ...
Sales and profits at Nike slid in the third quarter, but CEO Elliott Hill praised the new strategic path forward.
“Nike’s renewed focus on expanding its womenswear offerings is essential to its turnaround. Nike can continue to grow its ...
Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround plans after the struggling ...
Daniel Heaf and KeJuan Wilkins left the company this week, the latest executive changes since CEO Elliott Hill started work.
CFRA analyst Zachary Warring said Hill can revive the company, but investors likely won't see the same growth from 10 to 15 ...
Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, and foot traffic at Nike stores was down 11% ...
The company Thursday reported sales and profits above Wall Street expectations, sending shares slightly higher in after-hours ...
Shares of Nike tumbled Friday after the company delivered disappointing revenue guidance, with multiple analysts opting to ...
To be sure, Hill has fast-tracked certain sneaker launches such as Pegasus premium and Vomero 18 that helped lift sales in ...
Nike CEO Elliott Hill said the iconic sports-and-sneakers retailer will refocus on appealing to China’s 1.3 billion consumers with a boost from investments in the country’s basketball ...