John Kernan, TD Cowen managing director and retail analyst, joins 'Squawk Box' to discuss Nike's turnaround plan, the challenges facing new CEO Elliott Hill, and more.
Nike's new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's plan to turn the spotlight on sports like basketball and running, allayed some

Nike CEO Pledges to Reignite Growth

05:30am, Friday, 20'th Dec 2024
Nike's new Chief Executive Officer Elliott Hill pledged to reignite growth by revamping the company's products and refocusing around sports like basketball, football and soccer. Nike will also more cl
Nike's CEO Elliott Hill said that there are three things he wants to fix at Nike. One mistake was being "too promotional" and offering too many discounts.
Nike's journey back to profitability, spearheaded by a reinvigorated leadership team, marks a pivotal moment in the company's storied history. With a new CEO at the helm, Nike is focusing on three cor

NIKE, Inc. (NKE) Q2 2025 Earnings Call Transcript

07:49pm, Thursday, 19'th Dec 2024
NIKE, Inc. (NYSE:NKE ) Q2 2025 Earnings Conference Call December 19, 2024 5:00 PM ET Company Participants Paul Trussell - Vice President of Corporate Finance and Treasurer Elliott Hill - President and
Results were nowhere near as bad as they were yesterday, but only the Dow had modestly positive numbers.
The headline numbers for Nike (NKE) give insight into how the company performed in the quarter ended November 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates
Analysts said CEO Elliott Hill faces tough critics and a long slog to claw back lost market.

Final Trade: UNH, XLE, WFC & NKE

06:27pm, Thursday, 19'th Dec 2024
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Nike (NKE) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $1.03 per share a year ago.
For over 12 years, Nike (NKE) has partnered and collaborated with the NFL as the exclusive provider of uniforms and apparel for all 32 teams in the league. Earlier this week the sportswear giant annou
Nike (NKE) shares jumped in extended trading Thursday after the athletic apparel maker topped analysts' estimates with its fiscal second-quarter results, its first since new CEO Elliott Hill took over
Brian Nagel, Oppenheimer senior analyst, joins 'Closing Bell: Overtime' to discuss Nike earnings and his outlook for the stock.

Nike beats expectations despite China weakness

04:38pm, Thursday, 19'th Dec 2024
Nike Inc (NYSE:NKE, ETR:NKE) reported fiscal second-quarter earnings that surpassed Wall Street expectations, offering a bright spot for new CEO Elliott Hill in his debut earnings call. The sportswear
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