Nike will report fiscal third-quarter earnings after the bell on Thursday as the company tries to execute a turnaround under ...
CEO Elliott Hill says the company’s new ‘Win Now’ strategy is underway, but warns tariffs will hit sales hard in Q4.
Sales and profits at Nike slid in the third quarter, but CEO Elliott Hill praised the new strategic path forward.
Nike is shifting its online marketplace to a full-price model, reducing discounts.Revenue for Nike Direct was down 10% on a currency-neutral basis in fiscal Q3.CEO Elliott Hill had previously said the ...