Nike, a leader in athletic footwear, is undervalued with strong growth potential, making it a Strong Buy for investors ...
Elliott Hill, who just took over the top spot in October, vowed a return to stronger relationships with its partners as sales ...
A company designing, developing, and marketing footwear, apparel, equipment, and accessory products, Nike (NYSE: NKE), stock ...
Hill acknowledged that this strong focus on Nike's digital sales over the last few years has led the brand to compete with ...
Nike, Inc. reported revenues for its fiscal second quarter amounted to $12.4 billion, down 8 percent on a reported basis ...
Revenue fell 8% to $12.35 billion, beating the $12.11 billion expected by analysts. Direct revenue declined 13% to $5 billion, while wholesale revenue fell 3% to $6.9 billion. Sales for Converse were ...
But Nike still reported less than exciting numbers Thursday: there were declines for direct (13%), wholesale (3%) and brand ...
A Nike rebrand is not only imminent but necessary as the brand has "lost its obsession with sport," new CEO Elliott Hill said ...