The efforts to manage investors' expectations came as Nike (NKE) prepares to bring aboard Elliott Hill - a roughly three-decade veteran of the company who retired in 2020 - as its CEO on Oct. 14. John ...
Nike (NKE) delivered earnings and revenue surprises of 34.62% and 0.53%, respectively, for the quarter ended August 2024. Do the numbers hold clues to what lies ahead for the stock?
Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models and other products. The ...