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The quarterly report is Nike's first since the company announced a CEO change amid lackluster sales growth. Elliott Hill, a former Nike executive who retired in 2020, will replace John Donahoe as ...
Nike's direct-to-consumer sales declined 8% from the same quarter a year ago to $5.1 billion. "Fiscal [2025] will be a transition year for our business," Nike CEO John Donahoe said during the ...
Nike is taking a step in the right direction under new CEO Elliott Hill.The footwear brand posted its fiscal second quarter earnings on Thursday after market close. Its revenue of $12.35 billion ...
Nike reported earnings on Thursday as investors remain focused on any signs of a consumer slowdown in North America and slower growth in China.
“Nike makes these sorts of shoes, but Adidas is bigger in the category,” he added. ‘Returning to the good old days ’ Donahoe, CEO since 2020, will become a full-time non-executive employee ...
Nike Inc beat estimates for quarterly revenue on Monday, as strong demand for its athletic apparel and sneakers in Europe helped the company counter lower sales in China following pandemic-related ...
Nike (NKE) stock soared over 8% Friday after the sportswear giant posted better-than-expected quarterly financial results Thursday. So, let's take a look at where Nike performed the best and dive ...
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