Nike, Inc. - Class B (NKE)
Nike's new CEO plans to go back to basics in brand overhaul effort
Nike's new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's plan to turn the spotlight on sports like basketball and running, allayed some investor worries.
Nike CEO Pledges to Reignite Growth
Nike's new Chief Executive Officer Elliott Hill pledged to reignite growth by revamping the company's products and refocusing around sports like basketball, football and soccer. Nike will also more closely manage inventory to avoid saturation.
Nike's new CEO said the company messed up 3 key areas that he's trying to fix — and it's bad news for customers who like cheap stuff
Nike's CEO Elliott Hill said that there are three things he wants to fix at Nike. One mistake was being "too promotional" and offering too many discounts.
Nike's Mission to Return to Profitability: Reignite Its Legacy
Nike's journey back to profitability, spearheaded by a reinvigorated leadership team, marks a pivotal moment in the company's storied history. With a new CEO at the helm, Nike is focusing on three core areas — product, brand and marketplace — as it seeks to return to its position as the global leader in athletic wear.
NIKE, Inc. (NKE) Q2 2025 Earnings Call Transcript
NIKE, Inc. (NYSE:NKE ) Q2 2025 Earnings Conference Call December 19, 2024 5:00 PM ET Company Participants Paul Trussell - Vice President of Corporate Finance and Treasurer Elliott Hill - President and CEO Matt Friend - CFO Conference Call Participants Bob Drbul - Guggenheim Michael Binetti - Evercore Bank of America - Lorraine Hutchinson Adrienne Yih - Barclays Jay Sole - UBS Matthew Boss - JP Morgan Jon Komp - Baird Brooke Roach - Goldman Sachs Ike Boruchow - Wells Fargo Operator Good afternoon, everyone. Welcome to NIKE, Inc.'s Fiscal 2025 Second Quarter Conference Call.
Here's What Key Metrics Tell Us About Nike (NKE) Q2 Earnings
The headline numbers for Nike (NKE) give insight into how the company performed in the quarter ended November 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Nike CEO says sneaker giant ‘lost its obsession with sport,' vows to revive iconic brand
Analysts said CEO Elliott Hill faces tough critics and a long slog to claw back lost market.
Nike (NKE) Q2 Earnings and Revenues Surpass Estimates
Nike (NKE) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $1.03 per share a year ago.
Nike's NFL deal, Belichick's new gig, UFC growth: YF Sports Report
For over 12 years, Nike (NKE) has partnered and collaborated with the NFL as the exclusive provider of uniforms and apparel for all 32 teams in the league. Earlier this week the sportswear giant announced they will be extending their contract with the NFL through 2038.
Nike Stock Jumps as Sales, Profits Top Estimates in New CEO's First Quarter
Nike (NKE) shares jumped in extended trading Thursday after the athletic apparel maker topped analysts' estimates with its fiscal second-quarter results, its first since new CEO Elliott Hill took over in October.
Nike beats expectations despite China weakness
Nike Inc (NYSE:NKE, ETR:NKE) reported fiscal second-quarter earnings that surpassed Wall Street expectations, offering a bright spot for new CEO Elliott Hill in his debut earnings call. The sportswear giant posted earnings per share of $0.78, beating analysts' estimates of $0.64.
Nike's CEO touts ‘immediate action' to please shareholders. Shares are rallying after earnings.
Shares of Nike Inc. rallied after hours on Thursday after the sneaker maker reported quarterly results that topped expectations, following a big leadership shakeup at the company earlier this year.
