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Net income and sales both declined again in the period, but based on Nike’s “Win Now” actions over the prior 90 days, Hill ...
Nike stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he expects a better fiscal year ahead, albeit one that begins with a tariff-fueled ...
Nike CEO Elliott Hill announced that Converse CEO Jared Carver is out and will be replaced by Aaron Cain, VP of Nike Global ...
Nike's turnaround will take a bit longer than expected under new CEO Elliott Hill, who outlined his strategy to return the company to growth on Thursday after the retailer blamed deep discounting ...
After one of its toughest years ever, Nike brought back Hill, a beloved company lifer, to right the ship.
Elliott Hill is not new to Nike. In fact, he is one of the company’s most seasoned executives, having spent over 32 years with the brand before retiring in 2020. Hill first joined Nike in 1988 ...
Nike’s revenue is down due to a combination of factors including reduced consumer spending, particularly in key markets like China, inventory issues and competition.
Nike says Elliott Hill will replace John Donahoe as CEO in October. Nike has struggled to turn around its business over the last year.
Nike stock jumped 15% as CEO Elliott Hill said the worst is behind the company despite Q4 revenue falling 12% and $1 billion ...
Nike shares surged 15% Friday after the shoe and athletic apparel maker beat estimates for the fourth quarter. Sales and ...
Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump’s tariffs, the activewear giant announced Thursday.
After one of its toughest years ever, Nike brought back Hill, a beloved company lifer, to right the ship.