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This is the first major announcement from Elliott Hill, a 32-year Nike veteran. Former CEO John Donahoe, who came from a tech background, announced on Sept. 20 that he planned to retire.
Nike stock has slumped this year, falling more than 25% prior to the CEO changeup announcement on Sept. 19 amid concerns over slowing sales growth and pressure from rising competitors in the space ...
Nike stock is up over 7% in premarket trading on Friday following the announcement late Thursday that current CEO John Donahoe plans to retire, effective Oct. 13. He will stay on as an adviser ...
Fool.com contributor Parkev Tatevosian discusses what the latest developments could mean for Nike (NYSE: NKE) stock investors. *Stock prices used were the afternoon prices of Sept. 19, 2024. The ...
Nike stock has been pushed down to levels that look cheap on a historical basis. The company is now trading at roughly 20 times trailing-12-month profits and approximately 24 times this year's ...
Nike stock slumped nearly 3% on Tuesday as Wall Street analysts trimmed their expectations for fourth quarter earnings.Ahead of the company's expected announcement after the bell on Thursday, June ...
“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 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 ...