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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 ...
After one of its toughest years ever, Nike brought back Hill, a beloved company lifer, to right the ship.
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 ...
Innovation and corporate culture will be among the several topics Nike CEO Elliott Hill will be expected to address in his first full-year earnings report as CEO.
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 stock jumped 15% as CEO Elliott Hill said the worst is behind the company despite Q4 revenue falling 12% and $1 billion in tariff costs ahead.
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.
As if that weren’t enough to make investors lace up their trainers and run for the hills, Nike did not offer full-year guidance for the current fiscal year. It did warn, however, that it expected to ...
After one of its toughest years ever, Nike brought back Hill, a beloved company lifer, to right the ship.