John Donahoe

Despite facing near-term headwinds, Nike Inc.’s (NYSE:NKE) turnaround strategy with the new CEO at the helm can propel the stock by 32% to $97 per share, said an analyst as veteran hedge fund manager Bill Ackman loads up on the shares. What Happened: Daan Rjinberk, a senior officer of trade...

After Nike Inc. (NYSE:NKE) delivered its second-quarter earnings beating analyst estimates, its new CEO Elliott Hill rebuked his predecessor’s strategies and said that the athletic footwear and apparel brand was not maximizing its strengths. What Happened: Nike reported second-quarter revenue...

Nike, Inc. (NYSE:NKE) is the latest company to take part in what has become a trend among big companies: bringing back an executive to assume the role of CEO. The sneaker giant announced on Thursday the appointment of Elliott Hill, the company’s former president of consumer and marketplace...

The announcement that Nike Inc (NYSE:NKE) is bringing in Elliot Hill as the new CEO could be a positive change given his experience and company tenure, but it raises questions about the company’s strategy for a turnaround and plans to return to revenue growth. The Nike Analysts: Piper...

The market mood appears to have soured as the index futures slid early Friday, which is expected to be volatile due to the triple witching phenomena. There could be a lack of incentive to buy for want of any major Main Street catalysts, as some economists have begun flashing the danger of a hard...

The U.S. stock market reached new heights today, following the Federal Reserve’s unexpected decision to cut interest rates for the first time in over four years. This bold move led to a surge in the S&P 500 and Dow Jones indices, reaching all-time highs of 5,700 and 42,000 points...

Apparel and footwear company Nike Inc (NYSE:NKE) reported fourth-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Nike reported fourth-quarter revenue of $12.6 billion, down 2% year-over-year. The revenue total missed a Street consensus estimate...

Apparel and footwear company Nike Inc (NYSE:NKE) is set to report fourth-quarter financial results after market close Thursday. Here are the earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts expect Nike to report fourth-quarter revenue of $12.91...

Apparel and footwear company Nike Inc (NYSE:NKE) reported third-quarter financial results after market close Thursday. Here are the key highlights. What Happened: Nike reported third-quarter revenue of $12.429 billion, which was up slightly year-over-year. The revenue total beat a Street consensus...

Nike Inc (NYSE: NKE) shares are up nearly 12% after the company reported better-than-expected financial results. Several analysts also raised price targets on the stock Wednesday morning. Q2 Earnings: Nike said fiscal second-quarter revenue increased 17% year-over-year...

Apparel and footwear company Nike Inc (NYSE: NKE) reported first-quarter financial results after market close Thursday. Here are the key highlights for Nike investors. What Happened: Nike reported first-quarter revenue of $12.7 billion, up 4% year-over-year. The total came in ahead of a Street...

Apparel and footwear company Nike Inc (NYSE: NKE) reported fourth-quarter and full fiscal year earnings Monday after the market close. Here are the key highlights for investors. What Happened: Nike reported fourth-quarter revenue of $12.2 billion, a decline of 1% year-over-year. The revenue total...

Nike Inc (NYSE: NKE) is among the large public companies pushing to grow its business through the metaverse. Here's how successful a partnership with Roblox Corp (NYSE: RBLX) has been. What Happened: Nike reported third-quarter earnings this week and in its conference call, CEO John Donahoe...

Nike Inc (NYSE: NKE) shares are trading higher Tuesday after the company reported better-than-expected financial results. Nike said fiscal third quarter 2022 revenue increased 5% year-over-year to $10.9 billion, which beat the $10.62 billion estimate. The company reported quarterly earnings of 87...

Apparel and footwear company Nike Inc (NYSE: NKE) reported third-quarter financial results after market close Thursday. Here are the highlights for investors. What Happened: Nike reported third-quarter revenue of $10.9 billion, up 5% year-over-year and ahead of a consensus target of $10.6...