Nike (NKE) posted better-than-expected results for its fiscal third quarter, reflecting progress in its turnaround under CEO Elliott Hill, though challenges in China weighed on overall performance.
Nike’s new CEO, Elliott Hill, has received a vote of confidence from one of its largest customers, British sportswear retailer JD Sports. The retailer’s finance chief praised Nike for taking the right steps to revive demand.
01 Apr 2026-12:57
