In With the New: Is Nike Stock a Buy After CEO Change?
Nike has grown concerned enough that it ousted CEO John Donahoe to bring back former executive Elliott Hill to lead the company's turnaround.The stock bounced on the news, but remains 50% below its former high and a severe laggard to the broader stock market. Should investors buy the turnaround? Or are Nike's best days behind it?
Nike stock responds as company names new CEO. Is it too late to buy?
The pop in Nike's stock certainly wasn't the same as the reaction Starbucks stock got when it named a new CEO, and Hill certainly doesn't have the same fanfare, having never been the CEO of a major company. Yet the announcement of him taking over as CEO comes at an interesting time.
Nike (NKE) is striving to “Just Do It,” but its latest quarterly earnings suggest it may be too soon to determine success.
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In short, Crocs can repurchase more shares relative to Nike because its shares are cheaper. Assuming its impressive operating ...
Nike Inc.’s newly appointed Chief Executive Office Elliott Hill is about to find out the full extent of the problems he’s ...
NIKE Inc. (NKE) reported that its first-quarter net income dropped to $1.05 billion or $0.70 per share from $1.45 billion or $0.94 ...
The company experienced a 10% year-over-year decline in revenue in the fiscal quarter, which ended Aug. 31. Nike brand ...
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Shares of Nike Inc. were up 0.8% in recent trading, and was one of just nine Dow stocks that were seeing green, ahead of the athletic apparel and gear maker's [fiscal first-quarter results due out aft ...
Nike is set to release its first earnings report since announcing a new CEO will be starting with the apparel giant in ...
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