Nike stock responds
In With the New: Is Nike Stock a Buy After CEO Change?
Nike has grown concerned enough that it ousted CEO John Donahoe to bring back former executive Elliott Hill to lead the company's turnaround.The stock bounced on the news, but remains 50% below its former high and a severe laggard to the broader stock market. Should investors buy the turnaround? Or are Nike's best days behind it?
Nike stock responds as company names new CEO. Is it too late to buy?
The pop in Nike's stock certainly wasn't the same as the reaction Starbucks stock got when it named a new CEO, and Hill certainly doesn't have the same fanfare, having never been the CEO of a major company. Yet the announcement of him taking over as CEO comes at an interesting time.
What Analysts Think of Nike's Stock Ahead of Earnings
Key Takeaways Nike is slated to report fiscal first-quarter earnings after the bell Tuesday. Analysts expect year-over-year declines on both the top and bottom lines.The consensus price target for Nike is nearly identical to its Friday closing price,
Nike is getting a new CEO. Will its earnings shed light on the path forward?
After a months-long consumer flight from new sneakers and new clothing, Nike Inc. is bringing in a new chief executive. Investors liked the news. But analysts say there’s still lots of work ahead for the company.
Nike Earnings Due After Dow Giant Names New CEO To Get Back In Stride
Nike earnings are seen tumbling with the Dow giant bringing in a new CEO to right the ship. Nike stock rose on that news, but is off sharply in 2024.
Will Nike Sales Miss the Mark Again?
Nike is expected to report a 10% decline in quarterly sales from a year earlier in Tuesday's earnings report, and could cut ...
Nike ‘threatened to kill’ small Pa. firm and should pay millions, says court-ordered review
Norristown-based Ephraim Nathan's Lontex won a 2021 trademark-infringement verdict against sports-gear giant Nike; Jane ...
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Analysts: Nike Could Cut Guidance Tonight
Citi Research’s analyst Paul Lejuez expects that when Nike reported Tuesday evening, it will reduce its implied FY25 guidance ...
Nike’s Sales Are in a Funk. It’s Working Off a Jordan Hangover.
The sneaker giant is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.
What You Need To Know Ahead of Nike's Earnings Tuesday
Nike reports earnings Tuesday afternoon, with analysts expecting declining sales and profits for the first quarter of fiscal ...
Everyone Is Talking About Nike Stock. But Here's Why I Believe Another Shoe Stock Is a Better Buy
In short, Crocs can repurchase more shares relative to Nike because its shares are cheaper. Assuming its impressive operating ...
Jobs Friday, Nike Earnings, Tesla Deliveries: What to Watch This Week
This week brings more economic data, including the always-important U.S. employment report on Friday. The earnings calendar ...
Massive Nike outlet sale — here's 15 deals I'd get now on apparel and sneakers from $18
Nike Everyday Plus Cushioned Training Crew Socks: was $22 now from $18 @ Nike There are socks for working out and socks for ...
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At its lowest point in years, Nike strives to recover from slumping sales
Nike is bringing a former executive out of retirement to be the new CEO. The company reports to Wall Street on Tuesday just how bad things are.