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Nike’s stock has been dogged by these issues. Can a new CEO change the game?
New Nike CEO Elliot Hill is inheriting “a turnaround that has yet to show momentum,” according to Stifel analyst Jim Duffy.
Nike Stock Runs To Best Day Of 2024 As Wall Street Reacts To CEO Change Amid Slump
One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.
New Nike CEO May Seek to Repair Retailer Ties
Company veteran Elliott Hill will lead a turnaround effort at the global sportswear giant, where sales have faltered and innovation has stalled.
Nike names new CEO amid flagging sales and stock slump
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.
Nike's new CEO may look to mend retailer ties in sales revival push
Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, reversing a strategy under outgoing chief John Donahoe that focused on selling directly through its stores and website.
New Management Won’t Fix Nike
It used to be that Nike (NYSE: NKE) dominated the athletic wear business on its own, sometimes competing with Adidas. It has a huge line of athletic shoes led by Air Jordan. However, Puma has become a popular brand around the world.
Nike Stock Surges Following Appointment of New CEO
Investors push the company stock up 7% after the executive switch. The post Nike Stock Surges Following Appointment of New CEO appeared first on Front Office Sports.
1d
on MSN
Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix sneaker maker’s woes
The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to ...
2d
Nike stock jumps after hours on news that CEO John Donahoe is being replaced by company veteran Elliott Hill
Nike Inc stock price jumped in after-hours trading Thursday on news that CEO John Donahoe is retiring and will be replaced by ...
2d
on MSN
Nike is making a major shakeup
Nike, struggling from rising competition and its own strategy mistakes, is making a major shakeup. The athletic giant ...
12d
Nike shareholders gather amid stock price drop, strategic concerns
After a tough summer marked by a tanking stock and questions regarding CEO John Donahoe’s future, Nike’s shareholders will ...
1d
on MSN
Stock market today: Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...
17d
Where Will Nike Stock Be in 1 Year?
Nike (NYSE: NKE) was often considered a safe blue-chip stock for long-term investors. It's the world's largest footwear ...
1d
Why Nike Just Did It
Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...
Seeking Alpha
6d
Nike: Negative Outlook And Still Not Undervalued Despite Price Drops
Nike
stock
is rated "Sell" due to poor FY24 results, negative FY25 revenue guidance, and a long-term outlook of low growth and declining market share. Despite a 27% price
drop
YTD,
Nike
...
devdiscourse
1d
FedEx Dips on Profit Drop, Nike Soars on New CEO Appointment
U.S. stock index futures dipped on Friday following a strong rally, fueled by the Federal Reserve's recent interest rate cut.
Dagens News (US) on MSN
1d
Nike Brings Veteran Out of Retirement in Reaction to Company Crisis
The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.
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