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The Latest Breaking News from Elliott Hill

Nike Sales Expected to Drop 1% as China Demand Falls 9%: Dec 18 Report

Nike's Q2 revenue is forecast at $12.2 billion, down 1%, with China sales seen falling 9% to $1.6 billion as rivals On and Hoka test Elliott Hill's turnaround push.

International Business Times UK

As Nike Shakes Up Its C-Suite, Should You Buy, Sell, or Hold NKE Stock?

Nike’s sweeping C-suite overhaul under its “Win Now” plan signals a bold reset. So, is the stock a buy, sell, or hold?

Barchart

Nike’s CEO Says Its Turnaround Will ‘Take a While.’ Is NKE Stock Worth the Wait?

A turnaround has been ongoing at Nike. But the CEO says it will take even more time.

Barchart

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Nike Just Did It—Turned $1.5 Billion Pain Into Performance

Nike Inc (NYSE:NKE) just proved it still knows how to make the right moves. The sportswear giant thumped Wall Street's expectations, flipping a $1.5 billion tariff drag into proof that its turnaround is working. Investors cheered, sending shares up during Thursday trading — evidence that a turnaround story can outweigh…

Benzinga

Kim Kardashian's SKIMS Partnership With Nike Sportswear Receives 'Strong' Response, But Shoemaker Grapples With $1.5 Billion Hit From Trump's Tariffs

Nike Inc. (NYSE:NKE) is navigating a period of sharp contrasts, celebrating a new partnership with Kim Kardashian's SKIMS while simultaneously bracing for a massive financial blow from escalating U.S. tariffs.

Benzinga

Layoffs Hit Yet Another Dividend Stock. Is This Company a Buy Here?

Nike is undergoing another round of layoffs amid its strategic realignment and turnaround efforts.

Barchart

Why Nike stock is soaring despite a looming billion-dollar tariff hit and its CEO saying sales are ‘not up to the Nike standard’

Nike shares soared 15% on Friday following the better-than-feared quarterly earnings report.

Fortune

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Nike Stock: The Mother of All Comebacks Might Have Just Begun

Nike has beaten expectations, shares are jumping 10%, and the stock is garnering fresh Buy ratings. After a multi-year downtrend, this could be the turnaround.

MarketBeat

Nike expects US tariffs to cost it $1bn and warns of falling sales

The ailing US sportswear company reported falling revenues and income. Its fiscal guidance for the current quarter nonetheless gave investors a glimmer of hope, pushing the share price up around 10% in after-hours trading in the US.

Euronews

Nike Stock Price Prediction 2025: Should You Buy NKE After the Retailer Hiked Prices?

Nike has announced a price hike and said that it will resume selling its products on Amazon. Is the stock a buy on these developments?

Barchart

3 Unusally Active Long-Haul Call Options to Buy From Wednesday’s Wild Ride

Yesterday’s S&P 500 move from 4,950 to 5,456.90 at the close was one for the ages. The 90-day pause lit a fire under investors. These three unusually active long-haul call options stood out.

Barchart

As Nike Stock Falls to Multi-Year Lows, Should You Buy the Dip?

Nike has fallen to its lowest levels since 2020. While there is no easy fix for the company’s woes, it can reward patient investors over the long term.

Barchart

Amazon CEO Andy Jassy says it’s normal to feel career uncertainty—even in your 60s

Amazon CEO Andy Jassy says it’s perfectly normal to not have a defined career end goal—even well into your 60s.

Fortune

As Nike lags, CEO Elliott Hill said Ohio State Buckeyes coach Ryan Day revealed the key to a strong offense

Sales and profits at Nike slid in the third quarter, but CEO Elliott Hill praised the new strategic path forward.

Fortune

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International Business Times

Nike's Sales Take a Hit as Consumers Shift Away from Expensive Sneakers, Apparel

Nike's sales drop as consumers shift away from pricey sneakers and apparel, prompting a major turnaround strategy.

Barchart

Should You Buy Nike Stock Before March 20?

Short-term headwinds might linger, but Nike seems poised to bounce back in the long run.

The Conversation

Top earners are increasingly isolated at work – here’s why it matters

Nike’s current CEO, Elliott Hill, began his career at the global footwear giant as an intern fresh out of university, steadily making his way up the ranks.

Barchart

Should You Buy Nike Stock Before March 20?

Jefferies is strongly bullish and sees upside potential of 37% for Nike stock.

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news in one place.

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Barchart

Should You Buy This Cheap Turnaround Stock Now?

Nike trades at less than half of its 2021 high as it battles multiple headwinds. The stock looks quite attractive for someone willing to take a long-term view and bet on the company’s turnaround.

Fortune

Most people are unhappy with today's business leaders. New CEOs could bring change

Bringing trust back to the business world will be top of mind for a new generation of executives.

Fortune

Nike’s CEO was battling retirement restlessness—a single phone call unexpectedly yanked him back to the office as chief executive

The 62-year-old was finally kicking up his feet after working a 30-years-stint at Nike, when he got the call to cut his retirement short and lead the sports giant

Fortune

The case for making your CEO ambitions clear

Nike's new CEO always wanted the corner office role. He got it.

Fortune

Nike's Elliott Hill: Why retired CEOs keep coming back

Also: Wall Street: Trump’s rate cut demands are unlikely, Trump shrugs off Musk’s Stargate criticism.

Fortune

How Nike's new CEO plans to rebound from its worst year ever

A Fortune profile of Elliott Hill chronicles his career journey at the retailer and a turnaround strategy.

Fortune

Nike's 'refounder': Can Elliott Hill turn the sneaker-maker's luck around?

After one of its toughest years ever, Nike brought back Hill, a beloved company lifer, to right the ship.

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