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    Nike (NKE) earnings Q1 2025
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    Nike (NKE) earnings Q1 2025

    An employee carries shoe boxes at the Footlocker retail store at Barton Creek Square Mall on August 28, 2024 in Austin, Texas. Brandon Bell | Getty Images Nike announced Tuesday that the company is withdrawing its full-year guidance and postponing…

    Posted on Bronwen Cerys
    Nike stock fluctuates as sales fall short of Wall Street estimates
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    Nike stock fluctuates as sales fall short of Wall Street estimates

    Nike (NKE) shares fell as much as 8% in after-hours trading on Tuesday evening as the company reported fiscal first-quarter revenue that fell short of estimates and cut its outlook for the year amid a CEO change The footwear giant…

    Posted on Bronwen Cerys
    Nike shares rise after retailer names former executive Elliott Hill as CEO
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    Nike shares rise after retailer names former executive Elliott Hill as CEO

    Nike (NKE) shares rose more than 7% in early trading Friday after the company named a new CEO amid efforts to revive slowing sales growth. Nike announced Thursday that Elliott Hill, a former Nike executive who retired in 2020, will…

    Posted on Bronwen Cerys
    Analyst: New Nike CEO will prioritize wholesale partnerships
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    Analyst: New Nike CEO will prioritize wholesale partnerships

    Nike (NKE) shares are rising after the company announced that CEO John Donahoe will step down next month after five difficult years at the company. Nike veteran Elliott Hill will return from retirement and assume the role of CEO and…

    Posted on Bronwen Cerys
    CEO change at Nike makes investors optimistic as the company returns to its product roots
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    CEO change at Nike makes investors optimistic as the company returns to its product roots

    Nike (NKE) investors are currently speculating on the idea that 32-year insider Elliott Hill could restore the sneaker giant to its former strength as CEO and clean up the mess left by the outgoing technology-focused CEO. Nike shares rose more…

    Posted on Bronwen Cerys

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