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New Nike CEO vows turnaround

Nike rallies as investors bet on early signs of a turnaround under its new CEO

"After an energizing 60 days of being back with my NIKE teammates, our clear priority is to return sport to the center of everything we do," stated CEO Elliott Hill, He said the company is taking immediate action to reposition its business so that the company can get back to driving long-term shareholder value.

Reuters · 2d

New Nike CEO Hill gets his chance to lay out turnaround plan

Two months into his tenure as Nike CEO, Elliott Hill gets his first shot on Thursday to convince investors he can rescue the flailing sportswear company after a year stained by layoffs and cratering sales.

Yahoo Finance on MSN · 1d

Nike beats low expectations as investors look for turnaround under new CEO Elliott Hill

Nike ( NKE) 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 bested expectations of $12.13 billion, though it's still a drop compared to the $13.39 billion from a year ago.

13hon MSN

Nike stock: Investor sentiment is bottoming, says Truist

Nike Inc's (NYSE:NKE) turnaround strategy under new CEO Elliot Hill is creating short-term challenges but could set the stage ...

Stocktwits on MSN16h

Nike Stock Slips As Lowered Guidance Outweighs Q2 Earnings Beat: Retail Mood Tanks

The company was on watch for assurances of a strong turnaround under its new president and CEO Elliot Hill, who ...

Nike’s Turnaround Plan Could Be a Tough Pill to Swallow

Investors were eager to hear new CEO Elliot Hill’s turnaround strategy as Nike reports fiscal second-quarter earnings. But a return to growth will take time.

Benzinga.com2d

Nike Q2 Earnings Preview: Analyst Says Athletic Brand Early In 'Turnaround Journey' With New CEO

The report will be the first with new Nike CEO Elliot Hill and could provide more color on the future direction of the company. Earnings Estimates: Analysts expect Nike to report second-quarter ...

Morningstar1d

News Highlights: Top Company News of the Day - Thursday at 5 AM ET

What to Know Ahead of Earnings. Investors are eager to hear new CEO Elliot Hill's turnaround strategy as Nike reports fiscal second-quarter earnings. But a return to growth may take time.

Yahoo7d

Nike Stock Stuck On Harsh Downtrend Ahead Of Earnings; New CEO Aims For Turnaround

Nike stock hasn't been able to attract many buyers amid a slowdown in growth, but CEO Elliot Hill is optimistic about a turnaround. Nvidia stock's correction has accelerated since Microsoft's CEO ...

Benzinga.com4d

Nike Needs A Turnaround After Q2 Results Are Released This Week: Will New CEO 'Just Do It?'

Expert Ideas: Wall Street and investors will be watching new Nike CEO Elliot Hill who assumed the position on Oct. 14 and will be hosting his first Nike earnings call on Thursday evening.

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