Nike stock surges as CEO indicates turnaround, focusing on innovation and rebuilding partnerships

From Yahoo Finance: 2025-06-29 18:15:00

Nike shares surged after CEO Elliott Hill indicated the worst is over, with fiscal Q4 results exceeding expectations. Despite a 20% drop over five years, now could be a good time to buy. Hill is focusing on innovation, rebuilding partnerships, and strategic brand segmentation for future growth. China and North America revenue still face challenges. Tariffs expected to impact gross margins. Hill’s turnaround efforts show promise for Nike’s future success.



Read more at Yahoo Finance: Is It Time to Just Buy Nike Stock as a Turnaround Takes Hold?