Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround plans after the struggling ...
Nike CEO Elliott Hill said the iconic sports-and-sneakers retailer will refocus on appealing to China’s 1.3 billion consumers with a boost from investments in the country’s basketball, track and field ...
Revenue in the third quarter fell 9% to $11.3 billion, while earnings per share tumbled 30% from $0.77 to $0.54. Gross margin ...
Nike has agreed to settle a sexual discrimination lawsuit brought by four ex-employees, ending a protracted legal battle that ...
"What's encouraging is Nike made an impact this quarter leading with sport — through athlete storytelling, performance ...
The company Thursday reported sales and profits above Wall Street expectations, sending shares slightly higher in after-hours trading.
Nike shares fell in extended trading Thursday after the athletic apparel giant warned sales could take a hit in the current ...
While Nike did beat analyst estimates, its Q4 guidance indicated that performance would get even worse. The company sees ...
Some analysts expected the retailer to take more drastic action on its oversold franchises, but CEO Elliott Hill still sees a ...
Nike CEO Elliott Hill said the iconic sports-and-sneakers retailer will refocus on appealing to China’s 1.3 billion consumers with a boost from investments in the country’s basketball ...