Elliott Hill, who just took over the top spot in October, vowed a return to stronger relationships with its partners as sales ...
Nike is the world’s largest sportswear brand but the company has struggled this year. Can Nike's new CEO Elliot Hill turn ...
with Nike Direct revenues down 13% and wholesale down 3%. Net income, too, fell 26% in the quarter to $1.2 billion, per a company press release. In his first earnings call as CEO, Hill didn’t ...
As you can see in the chart, Nike's sales are dropping from record highs, and its operating margins are at their lowest ...
Duffy, the Nike analyst, previously told BI that Nike had "de-emphasized some of the wholesale distribution," which had "created oxygen for some competitors to gain shelf space and recognition." ...
Q2 2025 Earnings Call Transcript December 19, 2024 NIKE, Inc. beats earnings expectations. Reported EPS is $0.78, ...
and improving partnerships with wholesale distributors. Looking ahead, Nike has projected a low double-digit percentage decline in Q3 revenue, falling short of analyst estimates of an 8% drop.
Every earnings season has its share of overreactions, as stocks can overshoot on the upside and the downside. The fear of ...
COLORADO SPRINGS, Colorado (Dec. 20, 2024) – The Nike Hoop Summit returns to Moda Center in Portland, Oregon, on Saturday, April 12, 2025. The 26th edition of the event, which will be televised live ...
Nike's NKE.N 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 ...
Mesa was the world's girls basketball Mecca when the city hosted the annual Phoenix Nike Tournament of Champions last Wednesday through Saturday. The nation's biggest high school girls hoops in ...