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Why Nike's recovery in China could take longer than expected
Youtube· 2025-12-20 00:50
Gabby Fon Rouge is watching some of them, including Nike for us today. Hey Gabby. >> Hey Frank, how's it going.Or hey Carl. Sorry about that. Shares of Nike are moving lower today after a mixed earnings report last night.Um, but Nike, it's a bit of a mixed bag because they beat expectations on both the top and bottom lines. They saw sales grow 9% in North America. But that good news was overshadowed by a rough report from China, one of Nike's most important markets.Sales were down 17%, far worse than analys ...
A Big Activist Investor Is Eyeing Lululemon's Turnaround. Its First Move: Suggesting a CEO
Investopedia· 2025-12-19 03:20
Lululemon Athletica (LULU) didn't respond to a request for comment in time for publication. But investors appear to be considering the involvement of Elliott—and its pick of Nielsen, previously CFO at Ralph Lauren and now a board member at Mondelz International (MDLZ)—warmly: Company shares were recently up more than 4%. (They remain down more than 40% this year, part of why a new chief is needed in the first place.) Key Takeaways Lululemon needs a new CEO. One investor's preferred candidate might not be a ...