Why Nike (NKE) Stock Is Up Today [Yahoo! Finance]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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US:NYSE Investor Relations:
investors.nike.com/home/default.aspx
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Source: Yahoo! Finance
He will replace John Donahoe, who is retiring from his role as President and Chief Executive Officer and from the Nike Board effective October 13, 2024. Hill is a seasoned veteran in the footwear industry and at Nike. Before retiring in 2020, he spent 32 years at the company (Nike), starting as an Apparel Sales Intern; he gradually ascended the ranks and held varying leadership roles across Europe and North America, helping grow the business to more than $39 billion. Also, Hill is considered well-liked at Nike, and his experience suggests he has intimate knowledge of the culture, unlike the outgoing CEO, Donahoe. The transition follows a period of underperformance under Donahoe's leadership, with Nike's most recent earnings falling short of Wall Street expectations. At the same time, the company also lowered its sales outlook for the fiscal year 2025, which is never a good sign. Under Donahoe, the company juggled a direct-to-consumer push (which was tricky because it meant alie
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NKE
News
- Smart Shoes Market to Grow by USD 984.9 Million (2024-2028) as Product Innovation and Premiumization Drive Revenue, with AI Powering Market Transformation - Technavio [Yahoo! Finance]Yahoo! Finance
- Growth vs. value stocks, oil price forecasts: Catalysts [Yahoo! Finance]Yahoo! Finance
- Nike stock jumps on new CEO news, iPhone 16 hits stores: Morning Brief [Yahoo! Finance]Yahoo! Finance
- NIKE, Inc. (NYSE: NKE) had its "neutral" rating re-affirmed by analysts at Piper Sandler. They now have a $80.00 price target on the stock.MarketBeat
- NIKE, Inc. (NYSE: NKE) had its "outperform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $100.00 price target on the stock.MarketBeat
NKE
Earnings
- 6/27/24 - Beat
NKE
Sec Filings
- 9/20/24 - Form 8-K
- 9/19/24 - Form 4
- 9/19/24 - Form 4
- NKE's page on the SEC website