Nike shares dip as forecast withdrawal worries investors about turnaround timeline
Nike shares dropped about 6% in premarket trading on Wednesday after the company withdrew its annual revenue target, keeping investors guessing on the timeline for a turnaround at the sportswear giant under incoming CEO Elliott Hill.
The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as ...
Q1 2025 Earnings Call Transcript October 1, 2024 NIKE, Inc. beats earnings expectations. Reported EPS is $0.7, expectations ...
SIGN UP TO CONTINUEPrint Subscriber? Sign Up for Full Access!Please sign up for as low as 36 cents per day to continue ...
Outgoing Nike CEO John Donahoe made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...
The sneaker company is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.
Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on values of grit and hard work ...
SportsPro breaks down what led to Nike chief executive John Donahoe's departure and what comes next for the sportswear giant.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium ...
BEAVERTON, Ore. — Nike announced Thursday that John Donahoe will retire from his role as president and CEO, effective Oct. 13 ...
The lackluster results came after the company announced last month that CEO John Donahoe, is stepping down on Oct. 13.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback