Nike career veteran Elliott Hill is tapped to reverse sales and revenue declines following recent changes to the business ...
Tiger Woods didn't waste any time launching a new brand after ending his longtime partnership with Nike at the start of the ...
Nike's new CEO will have several challenges to overcome when he takes over in less than two weeks. The sportswear giant brought veteran employee Elliott Hill out of retirement to lead the company ...
As the share leader in most countries, Nike is positioned to benefit. As a worldwide business, Nike has felt the effects of issues like the war in Ukraine, shipping delays, currency volatility ...
Shares of Nike Inc. fell after hours on Tuesday after the sneaker maker tempered its sales expectations and said it would only offer shorter-term forecasts in the months ahead, in an effort to ...
based Lontex’s Sweat It Out knit garments for pro athletes’ battered muscles has found “Nike knew” it was violating the much smaller company’s trademark rights “but just did not care.” ...
Sneaker maker Nike Inc. reported falling sales and profits for its most recent quarter, with management stressing that the company's turnaround would take time as it deals with weaker demand and ...
Shares of Nike (NYSE: NKE) jumped after the company announced that its CEO was stepping down and it is bringing back a former longtime exec to run the company. Outgoing CEO John Donahoe's tenure ...
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its first quarter ended August 31, 2024. On September 19, 2024, NIKE, Inc. announced that ...
Paul Trussell; Vice President of Corporate Finance and Treasurer; Nike Inc Matthew Friend; Chief Financial Officer, Executive Vice President; Nike Inc Bob Drbul; Analyst; Guggenheim Securities ...
Nike’s revenue fell 10% last quarter from a year earlier, while profit dropped 28%, the company said late Tuesday. Executives warned that sales could fall 10% this quarter.
Nike stock (NKE) sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates and withdrew its outlook for the year amid a CEO transition.