Nike Earnings Report: "We've become far too promotional," Hill said, speaking in lively, impassioned tones. "The level of ...

Elliot Hill, the new chief executive officer of Nike, had his first opportunity to address investors and, with this, release ...

Truist cut its FY25 earnings forecast to $2.00 per share from $2.50, citing the amplified near-term pressures. It also ...

Nike's new CEO Elliot Hill warned of short-term pain as the embattled sportswear seller works to revive tepid demand for its brands. Shares of Nike surged 11% immediately after the earnings report ...

Nike has already disclosed plans of a significant turnaround. But analysts expect its potential turnaround to take time.

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.

Topgolf Names Chief Operating Officer Erin Chamberlin will join the company on July 22 from Penn Entertainment, Inc., where ...

Combined with weak sales in China and tightening consumer spending in North America, Nike suffered sales deceleration in its DTC, wholesale and digital channels. Its CEO resigned after reporting a ...

Nike is in the midst of a new era of leadership following Elliot Hill being named CEO in October. This extended collaboration and future initiatives to grow both Nike and the NFL present an ...