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All posts tagged "Elliott Hill"

Business2 weeks ago

Nike shares fall 9% on weak outlook, expected 20% sales decline in China

A Nike logo is displayed at a Nike store in Austin, Texas, Feb. 5, 2026. Brandon Bell | Getty Images Shares of Nike fell in extended...
Business3 months ago

Nike to cut 775 employees as it accelerates ‘automation’ at U.S. distribution centers

A shopper carries a Nike bag in the Union Square neighborhood of San Francisco, Jan. 21, 2026. David Paul Morris | Bloomberg | Getty Images Nike...
Business4 months ago

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

A shopper carries Nike bags in San Francisco, California, US, on Wednesday, Dec. 17, 2025. David Paul Morris | Bloomberg | Getty Images Nike on Thursday...
Business7 months ago

Nike posts surprise sales growth but turnaround work is far from over

Nike on Tuesday posted surprise sales growth in its fiscal first quarter, but the sneaker giant still has work ahead to execute its turnaround. The company...
Business8 months ago

Nike to lay off about 1% of corporate staff in its latest effort to refocus the business

Nike is planning another round of layoffs as part of CEO Elliott Hill’s efforts to realign the business and get it back to growth, CNBC has...

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