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0.00602836879432621 0.00773049645390064 0.0567375886524823 0.0283687943262412 0.0278723404255318 0.0665248226950354 0.0886524822695035 0.0673758865248227
Stock impact report

How Nike's new CEO plans to rebound from its worst year ever [Fortune]

ALX Oncology Holdings Inc. (ALXO) 
Company Research Source: Fortune
“ Nike is broken. Can this man fix it ?” is the title of the feature written by Devin Gordon. It's an in-depth and fascinating profile of Nike's fearless and well-liked leader and offers insight into the company's future plans. Four years after his retirement from the sneaker giant, Hill returned on Oct. 14, 2024, taking on the role of president and chief executive. Previously at Nike for 32 years, he held leadership positions such as president of its consumer and marketplace business units, and running commercial and marketing operations for the Nike and Jordan brands. But Hill's return comes after a lackluster year, to put it lightly. “Nike has become one of the world's most lucrative companies, dominating the sneaker market and boasting a valuation north of $105 billion,” Gordon writes. “But there's also no sugarcoating the reality that 2024 was arguably Nike's worst year in its vaunted six-decade history. Sales declined year over year for the last three quarters, across all g Show less Read more
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