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NIKE TURNAROUND
US Market: Nike’s position in Dow Jones index comes under pressureNike faces growing speculation over its future in the Dow after being removed from the S&P 100. Its weak share performance, low price and d...- Nike’s shoe doesn't fit: How did the swoosh lose its winning edge?Nike’s decline is raising questions about how the sportswear giant lost its competitive edge. Falling revenue, a collapsing market value, w...
- Lululemon’s turnaround gets tougher as new CEO inherits a battered brand; shares fall 20%Lululemon shares dropped significantly after the company lowered its full-year sales forecast. The sportswear maker's signature leggings bu...
- Lululemon cuts outlook again, highlighting to-do list for new CEOLululemon shares tumbled about 18% after the athleisure company cut its full-year outlook again and missed quarterly sales estimates. Sales...
- US stocks today: US stocks close higher on tech rebound as Nvidia earnings gain focusUS stocks closed higher as technology and semiconductor shares recovered ahead of Nvidia's earnings. Lower oil prices and Treasury yields o...
- Nike to tighten online sales in China amid 'fragmented' marketplaceNike is restricting online sales by distributors in China. This move aims to rebuild shopper trust and sell products at full price. Key ret...
- US Stocks: Nike shares fall on grim sales outlook; China woes hit turnaround plansShares of Nike fell as investors raised alarms over the slow pace of recovery with CEO Elliott Hill at the helm for nearly two years. While...
- US stocks: Lululemon sinks after new CEO hire from Nike fails to impress investorsLululemon Athletica shares tumbled about 12% in early trading on Thursday, as the struggling athletic apparel maker's decision to tap a CEO...
- Nike shares tumble 13% as CEO Hill’s turnaround plan faces geopolitical woesNike's months-long turnaround under CEO Elliott Hill faces fresh pressure as the Middle East conflict adds to the sportswear maker's strugg...
- Nike stock (NKE) today crashes after beating earnings estimates: Why investors are concerned despite strong resultsNike stock NKE today: Nike's stock dipped after its latest earnings report. The company reported better-than-expected earnings per share an...
- Apple's Tim Cook doubles Nike stake, endorses CEO Hill's turnaround pushAs of December 22, Tim Cook held about 105,000 shares, according to the filing released on Tuesday.
- Nike shares rise 4% as Apple's Tim Cook doubles personal bet on CEO Elliott Hill's overhaul effortNike shares rose nearly 4% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, rais...
- Nike's China conundrum deepens as turnaround stagnatesNike's China sales are falling for the sixth quarter. The company is struggling with competition and old stock. CEO Elliott Hill says Nike ...
- Nike sees stocks surge by 1.5% as revenues jump in Q1Nike’s first-quarter revenue surprised with a small rise, and the company beat profit estimates. Shares went up by 1.5% as CEO Elliott Hill...
- Nike stock jumps 15% on earnings beat and turnaround plan — is this the recovery buy Wall Street was waiting for?Nike stock soared 15% after a surprise earnings beat and bold turnaround plan gave Wall Street something to cheer about. With better-than-e...
- Nike cuts some jobs in technology divisionNike will shift some of that work to third-party vendors, the representative said in an email, adding that the changes were announced last ...
- Nike tumbles to five-year low as sales decline forecast clouds quick turnaround hopesNike shares dropped 5.7% to a five-year low, following disappointing projections and a substantial sales decline in China. The new CEO's 'W...
- Nike's comeback plans threatened by tariffs, overstocked shelvesNike is facing challenges in its turnaround effort as it deals with old inventory, the impact of a trade war, and declining consumer spendi...
- Nike shares dip as forecast withdrawal worries investors about turnaround timelineNike shares fell by about 6% in premarket trading after the company withdrew its annual revenue target, creating uncertainty over its turna...
- Nike shares jump as Ackman's return sparks turnaround hopesNike shares increased by nearly 4% with investor optimism over billionaire William Ackman's renewed stake of 0.19%. Ackman, who has a histo...
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