“We will build back an integrated marketplace. Across Nike Direct and wholesale, our marketplace will be consumer-led, putting our best product and presentation in the path of the ...
Nike is the world’s largest sportswear brand but the company has struggled this year. Can Nike's new CEO Elliot Hill turn ...
The Chinese sportswear market is increasingly competitive, as nationalism has boosted native brands and as international brands like Lululemon expand. Nike’s ability to gain share in this market is ...
Q2 2025 Earnings Call Transcript December 19, 2024 NIKE, Inc. beats earnings expectations. Reported EPS is $0.78, ...
Every earnings season has its share of overreactions, as stocks can overshoot on the upside and the downside. The fear of ...
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 ...
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." ...
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.
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 ...
Two big names in the discussion: Nike and Gap. Siegel made the call that Nike (NKE) will have a rebound in 2025, now that Elliott Hill is their new CEO. "It's not going to be a quick seamless fix.
and highlighted a broader strategy of rebuilding relationships with key wholesale partners. Nikic also said that Nike’s efforts to clean up its distribution channels will benefit Foot Locker in ...
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 ...