After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month.

Nike stock is up more than 8% following the Oregon-based company’s announcement on Thursday that John Donahoe was stepping ...

Nike has strong fundamentals, but faces volatile profit margins and returns, leading to investor disappointment. Learn why ...

Nike stock is higher Friday after the embattled retailer announced a 32-year company veteran will return as its incoming CEO.

It looks like a series of missteps have resulted in Nike CEO John Donahoe stepping down from the nation's largest sportswear ...

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Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to energize sales, ...

--On pace for largest percent increase since Dec. 21, 2022, when it rose 12.18% --Currently up six consecutive days; up 10.87% over this period ...

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

Investors are hoping that replacing John Donahoe as chief executive will lift its stock price and restore the brand’s cool ...

Nike's new CEO will likely focus on repairing relations with retailers to boost demand, a strategy that took a back seat ...