Good morning. Nike held its Q1 2025 earnings call on Tuesday—without its outgoing CEO John Donahoe or its incoming CEO ...
Nike's stock price has been on a tear amid hopes the global shoe and athletic apparel company's leadership change could drive ...
Sneaker maker Nike Inc. reported falling sales and profits for its most recent quarter, with management stressing that the ...
Nike stock (NKE) sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates ...
When Nike said on Thursday that John Donahoe was stepping down as chief executive officer, his exit from a rocky tenure ...
Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president ...
A ruinous pandemic business strategy, declining innovation, exodus of talent, and a “worst sneaker of all time” accolade has ...
In 2023, On received 63% of its revenue from wholesale sources ... as an intern at Nike in 1988, just before the company had started cementing itself as the must-own shoe brand worldwide.
Analysts have attributed Nike’s struggles to its shift toward selling in its own stores and on its website, rather than via wholesale channels. The company’s wholesale revenue rose 5 percent ...
Year-to-date, Nike stock is down about 19%, and that includes one of the stock's worst days ever , when it plummeted about 20 ...
Nike Dunks, and Air Jordan 1s, the shoe worn by legendary NBA player Michael Jordan. Under his helm, Donahoe grew the company's annual sales by more than a third, from $37 billion in 2020 to more ...
Adidas has outperformed Nike recently, rebounding 82% from its 2022 low, while Nike lost 16% during the same period.