At this point, I'd like to see evidence that Nike is making progress in its turnaround before calling the stock a buy, but replacing the CEO is a good first step. Nike stock is still expensive ...
STORY: On Thursday Nike announced plans to toss out its president and CEO John Donahoe ... cutting out retailers in the middle - worked at first. Under his lead Nike exceeded $50 billion in ...
Nike announced that CEO John Donahoe is leaving and will be ... sales decline when it releases its first-quarter results on Oct. 1. However, we anticipate that sales will pick up in subsequent ...