In a surprise move, Nike, Inc. on Thursday announced CEO John Donahoe will be retiring Oct. 13 and will be replaced by Elliott Hill, who will serve as president and chief executive and serve on the board of directors and executive committee. The move comes as the athletic giant struggles with a slumping stock price and competition from smaller rivals. The stock jumped in extended trading on the news. Ticker Security Last Change Change % NKE NIKE INC. 80.97 +0.04 +0.04% Hill will be tasked with turning ar ...

Nike just appointed a new CEO who came out of retirement to take the job.Elliott Hill will take over from John Donahoe in October, Nike said.It's the latest move Nike's making to right its business. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicki ...

Nike said Thursday that CEO John Donahoe will retire after more than five years at the helm as the sportswear giant shakes up its top rank amid efforts to revive sales and battle rising competition.The company named Elliott Hill president and chief executive officer, effective Oct. 14, 2024.Donahoe was tasked with bolstering Nike’s online presence and drive sales through direct-to-consumer channels.CEO John Donahoe will retire after more than five years at the helm. Getty ImagesThe push initially helped the ...

John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2024.Nike on Thursday announced that its CEO John Donahoe is stepping down and longtime company veteran Elliott Hill will take the helm of the sneaker giant. Donahoe, who has been Nike's CEO since Jan. 2020, will retire from his position on Oct. 13. He will stay on as an advisor through the end of January. Hill is slated to take over on the foll ...

ANAHEIM, Calif., Sept. 18, 2024 (GLOBE NEWSWIRE) -- After seven years of partnership, the Masons of California, in affiliation with the Angels Nike RBI League, is proud to announce that they have raised a record-setting $55,198 this season for youth development programs through their signature Masons4Mitts baseball mitt drive. This marks a total of $2.3 million donated through MLB community foundations since Masons4Mitts was established in 2009. Since 2018, the Masons of California have provided over 11,000 ...

文章核心观点 - 比尔·阿克曼认为耐克（Nike）是一个未来有望实现显著转型的品牌，尽管目前股价下跌，但他认为这是一个更好的投资机会 [1][2][3][4][5][6] 比尔·阿克曼的投资策略 - 比尔·阿克曼以购买他认为被低估的公司的大量股份而闻名，并通过其作为大股东的影响力推动管理层进行变革以释放价值 [1] - 在5月份，阿克曼透露他在Pershing Square对冲基金中建立了两个新仓位，该基金的股票投资组合价值超过100亿美元 [1] - 其中一个仓位是Brookfield Corp，自阿克曼建立仓位以来表现良好，而另一个仓位耐克（Nike）自他首次购买约2.75亿美元的股票以来，股价下跌了约15% [1] 耐克股价下跌的原因 - 耐克股价从2021年的历史高点下跌了近50%，当阿克曼决定投资时，股价已经下跌了56% [2] - 股价下跌的原因是公司在向直接面向消费者销售转型过程中遇到了困难，公司切断了与许多批发商的联系，以发展与消费者的直接关系，并通过自己的商店和网站销售，但由于库存管理不善，利润率受到了侵蚀 [2] 耐克的管理层调整和品牌优势 - 管理层承认了错误，并正在重回正轨 [3] - 耐克仍然是全球领先的体育用品品牌，品牌价值为其在新战略中提供了很大的回旋余地 [3] - 耐克决定削减许多批发账户，部分原因是通过电子商务、品牌商店和专业零售商控制品牌信息的能力 [3] - 耐克还通过会员计划（如Nike Run Club、Nike Training Club等数字应用）培养品牌忠诚度 [3] 耐克的成本削减和运营效率提升 - 耐克承诺在未来三年内实现20亿美元的累计成本削减 [4] - 更高效的运营和向更多直接面向消费者销售的转变，应会随着时间的推移提高运营利润率 [4] 耐克的财务表现和未来展望 - 耐克股票目前交易价格仅为未来收益估计的25倍，这是多年来耐克交易价格的最低水平 [6] - 随着运营再次反映出品牌的实力，公司可能会看到盈利增长的改善，并有可能实现多重扩张，从而在长期内为股东带来强劲收益 [6] - 耐克在2024财年第四季度销售额同比下降2%，管理层预计2025财年收入将出现中个位数下降，这主要是由于产品发布减少、促销活动减少以及中国宏观经济不确定性 [5] - 然而，公司预计未来一年毛利率将扩大 [5] - 随着销售转向数字渠道、中国市场复苏以及耐克能够利用其品牌实力并比市场更快地提高价格，销售增长应会稳定，毛利率应会扩大 [5]

Nike has the brand power to help it transition through this current period.Few three-word slogans have taken the world by storm quite like "Just Do It." In fact, I probably don't even have to mention whose slogan it is because that's how iconic it has become. But, just in case, I'll give Nike (NKE -1.89%) its due credit for the simplistic brilliance.Nike is a case study-worthy example of how branding should be done and the benefits that come along with a great brand. It has transcended just sports and turne ...

文章核心观点 - 过去20年投资耐克(NKE)股票的总回报率达到11倍,超过了标普500指数的表现[1] - 但耐克目前正处于艰难时期,股价较历史高点下跌55%[1] - 尽管耐克在产品创新和分销策略方面存在挑战,但其营销实力是其核心竞争优势[2][3][4][5] - 耐克股票目前估值较低,可能是一个买入机会,但需要相信公司能够扭转局面[6][7] 根据相关目录分别进行总结 耐克目前面临的挑战 - 公司最近一个季度收入同比下降2%,预计本财年销售将下降中个位数[2] - 耐克在产品开发和保持客户参与度方面表现不佳,CEO表示正全力解决这些问题[2] - 公司在线上和线下渠道的分销平衡方面仍在摸索[3] 耐克的核心竞争优势 - 耐克在营销和广告方面的专长,建立了强大的品牌形象[4] - 这种营销实力支撑了公司长期保持较高的毛利率[4] - 能够长期保持相关性是耐克的明显优势[5] 耐克股票的估值 - 耐克股价较历史高点下跌55%,过去5年投资回报仅1%[6] - 目前股票市盈率为21.4倍,处于历史较低水平[6] - 如果相信公司能够扭转局面,这可能是一个买入机会[7]

A billionaire investor with an eye for value bought a piece of this business.Shares of shoe and athletic apparel company Nike (NKE -0.25%) gained 11.3% during August, according to data provided by S&P Global Market Intelligence. For most of the month, the stock bounced up and down with the S&P 500. But it created some separation when news broke that Pershing Square had purchased a stake in the business.Pershing Square is the hedge fund for billionaire Bill Ackman -- a value-minded investor with plenty of na ...

The world's largest footwear maker still has a lot to prove.Nike (NKE -1.97%) was often considered a safe blue-chip stock for long-term investors. It's the world's largest footwear company by annual revenue, it has plenty of brand recognition and pricing power, and it's worn by many popular athletes.But over the past 12 months, Nike's stock fell nearly 20% and trades more than 50% below its all-time high in November 2021. Let's see why the bulls shunned this iconic footwear stock and if it can bounce back o ...