Nike topped analysts' estimates with its fiscal second-quarter results, its first since new CEO Elliott Hill took over in ...

Sales for the Nike brand decreased 10% ... Friend acknowledged the recent corporate stumbles but said Nike’s proven its ability to overcome adversity. “Every obstacle, every setback, was ...

Sportswear firm Nike has seen a huge rise in online sales as it bounces back from a coronavirus slump. The US company saw digital sales rocket 82% during the June to August quarter, offsetting ...

Nike's NKE.N new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's plan to turn the spotlight on sports like basketball and running ...

Nike revenue was down 8% in its second quarter earnings report Thursday, but its $12.4 billion in sales came in above Wall Street's expectations. And shareholders were clearly happy, too.

Nike logged declines in both profit and revenue ... while wholesale revenue fell 3% to $6.9 billion. Sales for Converse were down 17%, declining in all territories, the company said.

New Nike CEO Elliott Hill on Thursday said the company needs to turn its attention back to running paths, soccer fields and basketball courts. “We lost our obsession with sports,” Hill told ...

He's a true insider, having worked his way up from an apparel sales representative intern in 1988. His post came at a crucial time for Nike, which has been struggling with lackluster sales and ...

In the three months ended May 31, Nike's revenue decreased 2% year-over-year to $12.6 billion, which included an 18.1% decline in sales of its Converse brand. The company's earnings per share (EPS ...

Foot Locker shares plunged nearly 10% on Wednesday after the company reported earnings that missed estimates and slashed its yearly forecast on soft holiday demand – with the chief executive ...

Nike's sales and stock price have declined over the last year, with executives saying that they are looking to cut costs and pivot to focus on newer products, as the brand has seen increasing ...