The company has struggled with declining sales, missing its earnings targets and facing predictions of a 10% drop in revenue.

U.S. stocks drifted around their all-time highs, as a record-setting week for Wall Street closed on a quieter note ...

The hedge fund billionaire Bill Ackman has bet big on the iconic American brand. His firm, Pershing Square, acquired three ...

Nike spent nearly $104 million on pay and benefits for John Donahoe during his near five-year tenure atop the sneaker-maker, ...

A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs they hit during a worldwide rally the day before.

Stocks were choppy Friday as market participants took a breather following Thursday's Fed-fueled rally. While buzz continued ...

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.

Shares of NIKE, Inc. (NYSE:NKE) are rallying after the company appointed Elliott Hill as its new CEO, aiming to rejuvenate ...

Nike's hard-hit shares rallied Friday as Wall Street analysts largely welcomed the company's appointment of veteran executive ...

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

Sept 20 (Reuters) - Nike's new CEO is expected to double down on the company's efforts to repair relations with retailers to ...

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