Nike Inc (NYSE: NKE) ended 2023 by reporting declining revenue and profit despite beating both top and bottom line estimates ...

Nike is the world’s largest sportswear brand but the company has struggled this year. Can Nike’s new CEO Elliot Hill turn things around for the company?

with Nike Direct revenues down 13% and wholesale down 3%. Net income, too, fell 26% in the quarter to $1.2 billion, per a company press release. In his first earnings call as CEO, Hill didn’t ...

The push initially helped the company build on the demand for ... of Nike's relationships’ with retail partners who buy Nike ...

He acknowledged that key wholesale partners feel Nike has turned its back on those partnerships and said the company is now working to build ... but Nike made so many of the shoes that they became ...

The company generates 43% of sales in NA, 28% from EMEA, 15% in Greater China, and 14% in APLA. Wholesale is 56% of sales, while direct-to-consumer sales account for 44%. Nike remains a Shoe Dog ...

Revenues for the NIKE brand declined 3% here, due primarily to “an unexpected decline in North America wholesale revenue,” the company reported ... in the running shoe segment with premium ...