CEO Elliott Hill says sales still aren’t where they need to be, but its fourth-quarter performance was better than expected.

That Nike bull is Paul Jejuez of ever-influential Big Four bank Citigroup. He published a new note on Nike, in which he maintained both his buy recommendation and $102 per-share price target .

Nike's been having a tough time, with shares down more than 30% this year and sales set to fall. The sportswear brand has started implementing a turnaround plan, but the results are yet to be seen ...

Nike will shift some work to third-party vendors, the representative said in an email, adding that the changes were announced last week. $3,500 iPhone possible? What to know 📋 How to talk money ...

Nike on Wednesday said it will return to Amazon, the e-commerce platform that it left in 2019, as new CEO Elliott Hill works to spark falling sales. In a statement, Nike said the move is part of a ...

With Nike's new incoming CEO Elliott Hill, Nike needs to re-focus on innovation and selling great stories around its shoes, an analyst told BI. Business Insider Subscribe Newsletters ...

Kylee Barton will lead Altra Running’s product team after 20 years working at Nike in product development. Related Articles Why the feds are giving a Portland nonprofit, McMinnville mill $5M ...

Nike CEO Elliott Hill said in his first earnings call since taking the helm in October that Nike "lost its obsession with sport." LinkedIn So far this year, Nike shares have slumped nearly 30%.

Nike expects Q3 sales to be down low double-digits Hill says refocusing business on sport & selling more items at premium prices Co beats Q2 revenue and profit estimates Dec 19 (Reuters) - Nike ...

The rollout of Nike's collaboration with Kim Kardashian's shapewear brand Skims will miss its target to launch this spring because of production delays, according to a report.

Positive signals from Nike boost Adidas and Puma shares. The shares rose thanks to the improved outlook. Analysts see a trend ...

Morgan Stanley analysts said Nike's weaker-than-expected forecast for the current quarter suggested its trajectory could "get worse before it can get better," with fiscal 2026 likely to be a ...