Tag Archives: turnaround

Nike CEO interview Elliott Hill says turnaround to take time

Nike CEO interview Elliott Hill says turnaround to take time

A Nike store in Hanoi, Vietnam, on July 3, 2025. Nhac Nguyen | Afp | Getty Images Nike‘s turnaround plan is showing early signs of progress, but it will “take a while” for the company to return to profitable growth, CEO Elliott Hill said in an interview with CNBC’s Sara Eisen aired Monday. “When we come to work we think …

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The Unseen Details That Explain Mac Jones’s Turnaround With the 49ers

The Unseen Details That Explain Mac Jones’s Turnaround With the 49ers

It was third-and-1, the ball at the Niners’ 11-yard line, the game tied at 20, and Mac Jones broke the huddle with an assuredness few had seen of late from the former first-round pick out of Alabama. He took the shotgun snap, planted his foot on his fifth step, and ripped the ball to Kendrick Bourne, who was running a …

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‘Strong Turnaround’? Nike Stock (NKE) Races on Q1 Beat, But Analyst Forecasts Fracture

‘Strong Turnaround’? Nike Stock (NKE) Races on Q1 Beat, But Analyst Forecasts Fracture

Shares of Nike (NKE), the legacy athletic apparel brand, continued to jump during early trading on Wednesday, riding the momentum from after-hours trading the previous day. This is thanks to its first-quarter 2026 results that exceeded Wall Street’s expectations. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst …

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Nike shares jump on strong earnings, signs its turnaround is racing ahead under CEO Hill

Nike shares jump on strong earnings, signs its turnaround is racing ahead under CEO Hill

Nike shares jumped in after-hours trading Tuesday after the sportswear maker’s quarterly results far exceeded Wall Street expectations, signaling that CEO Elliott Hill’s turnaround strategy is gaining momentum. Total revenue in the company’s fiscal 2026 first quarter increased 1% year over year to $11.72 billion, topping Wall Street expectations of about $11 billion, according to estimates compiled by LSEG. Earnings …

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Starbucks is closing stores, cutting 900 corporate jobs in a turnaround : NPR

Starbucks is closing stores, cutting 900 corporate jobs in a turnaround : NPR

A Starbucks coffee shop in New York on Monday, July 28, 2025. Starbucks Corp. is closing stores and laying off 900 corporate employees as part of a turnaround strategy. Bloomberg/Bloomberg via Getty Images/Bloomberg hide caption toggle caption Bloomberg/Bloomberg via Getty Images/Bloomberg Starbucks plans to cut another 900 corporate jobs and close some of its stores in the U.S. and Canada, …

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Starbucks to close hundreds of stores, lay off 900 workers as part of turnaround plan

Starbucks to close hundreds of stores, lay off 900 workers as part of turnaround plan

Starbucks said Thursday it’s closing hundreds of U.S. and Canadian stores and laying off 900 nonretail employees as it focuses more of its resources on a turnaround. The Seattle coffee giant said store closures would start immediately. The company wouldn’t give a number of stores that are closing, but it said it expects to have 18,300 North American locations when …

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Lennar Earnings Were Supposed to Show a Housing Market Turnaround. What they Revealed Instead. – Barron's

Lennar Earnings Were Supposed to Show a Housing Market Turnaround. What they Revealed Instead.  Barron’s Lennar’s Profit Sinks as Housing Market Remains Stalled  The Wall Street Journal Housing Giant Lennar Looks to Rate Cutes to Stimulate Demand After Earnings Miss  Investopedia Homebuilder stocks edge down as Lennar posts double-miss on Q3 results (LEN:NYSE)  Seeking Alpha Lennar’s Margins Are the Latest Warning on Housing  TheStreet Pro …

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