Investing.com -- Nike Inc's (NYSE:NKE) turnaround strategy under new CEO Elliot Hill is creating short-term challenges but could set the stage for recovery by 2025, Truist said in a note.

Freshman Ian Jackson scored a season-high 26 points, RJ Davis added 23 points, including five 3-pointers, and North Carolina ...

Its CEO resigned after reporting a kitchen sink quarter, setting the bar low to make way for its former CEO Elliot Hill to come out of retirement to lead the turnaround on Oct. 14, 2024.

The firm is currently embarking on a turnaround plan, which will take its sweet time to materialize according to new CEO Elliot Hill. Hill also believes that NIKE, Inc. (NYSE:NKE) has lost its ...

Nike's CEO Elliot Hill recently revealed during a Q2 earnings call that Clark's signature shoe is not expected to launch until 2026. This revelation has sparked an uproar among fans, who took to ...

In response, NIKE, Inc. (NYSE:NKE), under its new CEO Elliot Hill, has embarked on a turnaround strategy. This strategy aims to bring the firm back to its high-quality sports business and improve ...

Freshman Ian Jackson scored a season-high 26 points and RJ Davis poured in 23 points as part of a record-setting outing as ...

The firm requires shareholder patience as it develops its turnaround plan. CEO Elliot Hill said that the company will prioritize the digital channel. More importantly, it will focus on the sports ...

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 ...