Can Nike become cool again under its new CEO? Analysts have …

Dec 16, 2024 · Earnings Watch Can Nike become cool again under its new CEO? Analysts have these near-term doubts ahead of earnings. Earnings Watch: FedEx also reports, with cost cuts …

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Can A New CEO Save Nike? - The Motley Fool

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Sep 21, 2024 · One month ago, Nike (NKE-2.64%) stock bizarrely jumped when Starbucks named a new CEO. While that news had nothing to do with Nike, it seemed to give investors a …

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With New CEO, Can Nike Just Do It Again? Not This Year

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Nike reported fiscal 2025 Q1 revenues of $11.6 billion, down 10% year over year, driven by declines across its segments. Nike Direct revenues fell 13% to $4.7 billion, with a 20% drop in …

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Nike's Worst May Nearly Be Over: Analyst Sees CEO Transition And ...

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Nov 22, 2024 · Needham analyst Tom Nikic initiated Nike, Inc. (NYSE:NKE) with a Buy rating and a price forecast of $84. The analyst suggests that Nike’s worst may nearly be over, with the …

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In With The New: Is Nike Stock A Buy After CEO Change?

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Oct 1, 2024 · Investors have seen that, with Nike still down 50% from its all-time highs. What matters now is where the Swoosh goes from here. Analysts expect Nike to take a big step …

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Nike Stock (NKE): Investors Need Proof That New CEO Can Turn …

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Oct 3, 2024 · The company earned $0.70 per share, which looks like a great result.However, analysts may have set a low bar for Nike to clear, with Barron’s suggesting, "Many analysts …

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Bill Ackman Invests Over $1 Billion In Nike Amid Challenges, New CEO ...

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Dec 2, 2024 · Bill Ackman's significant investment indicates confidence in Nike's future performance. Anticipated improvements in gross margins suggest potential for financial …

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NKE Stock Analysis: Why Analysts Are Bullish On Nike’s Comeback

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Jan 15, 2025 · Shares of athleisure giant Nike Inc. NYSE: NKE shares have been in a steep decline for more than 2 years, shedding a staggering 60% from their all-time high in late 2021. …

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New Nike CEO Elliott Hill: 'We Lost Our Obsession With Sport' - USA …

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Dec 20, 2024 · Nike shares were down 1.5% as of Friday morning and have also lost more than half of its value since November 2021 while struggling to match new rivals in the footwear …

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New Nike CEO Faces Long Road To Refresh Brand

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Sep 28, 2024 · The stock has rebounded 10% since then. Employees at the Beaverton HQ have rejoiced.Some of the LinkedIn posts from Nike watchers are downright euphoric. Veteran …

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FAQs about Can Nike become cool again under its new CEO? Analysts have … Coupon?

Why did Nike pull its forecast for the year?

Revenues at Nike for the three months to the end of August fell 10% to US$11.6bn compared to the same quarter a year ago, while net income dropped by 28% to US$1.1bn. Nike said it has pulled its forecast for the year to give incoming CEO Elliott Hill time to reset the troubled sportswear maker’s strategy. ...

Who is the new CEO of Nike?

Hill will now be in charge of helping bring Nike back to its past glory. The new CEO was a longtime Nike employee, starting out as an intern in 1988 and working his way up to president of consumer and marketplace when he left in 2020, shortly after the company hired CEO John Donahoe. ...

Did Nike make a mistake bringing in a new CEO?

Nike typically hires its CEO from within, and it was a clear mistake bringing in an outsider with no brand experience. From a valuation perspective, the stock now trades at a forward price-to-earnings (P/E) ratio of just under 30, but that is largely due Nike's struggles and its earnings projections coming down. ...

Will a new CEO bring Nike back to its past glory?

This is a classic play that typically helps a stock rebound when the company eventually leaps over the low bar with its new CEO at the helm. It may have created a bit more short-term pain, but it would have had longer-term benefits. Hill will now be in charge of helping bring Nike back to its past glory. ...

What mistakes has Nike made in recent years?

One mistake was being "too promotional" and offering too many discounts. The company will also focus on five areas: running, basketball, training, football, and sportswear. Nike's new CEO said that two months into the job, he's working hard to fix three key mistakes that the sneaker maker has made in recent years. ...

Will new CEO Elliott Hill help Nike rebound from previous CEO's mistakes?

New CEO Elliott Hill will soon take over to help Nike rebound from its prior CEO's mistakes. A turnaround is unlikely to happen overnight. Nike (NKE 0.18%) shares sank after the athletic apparel and footwear company reported disappointing sales and pulled its guidance for the year. The stock is now down more than 20% year to date. ...