In this video, I will go over Nike's (NKE -0.92%) second-quarter earnings report and explain why the stock is dropping. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Nike Inc (NYSE:NKE, ETR:NKE) is in store for a nervous trading session today as pre-market trades point to over 5% of losses when markets open. The sportswear giant beat expectations in its second-quarter earnings report on Thursday, but revenue growth still eludes the NYSE-listed group.
Pivotal Advisors' Tiffany McGhee discusses the potential for more market volatility going into the new year, following the Fed's hawkish shift and shutdown drama in Washington, plus highlights why she believes Nike is attractive post-earnings.
CFRA analyst Zachary Warring discusses Nike's latest results, and the tough road ahead laid out by new CEO Elliott Hill to turn the business around.
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'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 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 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. (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.
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.
Analysts said CEO Elliott Hill faces tough critics and a long slog to claw back lost market.