Elliott Hill
President and CEO of Nike, Inc.Wikipedia
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Search complete. 58 mentions across 28 episodes found for "Elliott Hill".
Oct 2, 2026
Daniel BachHOST
After two straight quarters of falling revenue, the company said it expects sales to keep declining this fiscal year.
Daniel BachHOST
In a memo to employees, CEO Elliot Hill said there would be job cuts, along with a move to shrink operations and merge regional businesses.
Daniel BachHOST
Nike has been losing market share to the likes of On and Hoka, and continues to struggle in China, its second biggest market.
Daniel BachHOST
Nike shares are on pace for their worst year on record, down forty-seven percent so far this year.
Daniel BockHOST
After two straight quarters of falling revenue, the company said it expects sales to keep declining this fiscal year.
Daniel BockHOST
In a memo to employees, CEO Elliot Hill said there would be job cuts, along with a move to shrink operations and merge regional businesses.
Daniel BockHOST
Nike has been losing market share to the likes of On and Hoka, and is struggling in China, its second-biggest market.
Daniel BockHOST
Nike shares are on pace for their worst year on record, down 47% so far this year.
John TuckerHOST
I mean, it's intended to save $2.5 billion over the next five years.
John TuckerHOST
You know, the pressure mounting on the CEO there, Elliot Hill.
John TuckerHOST
He's in his third year leading the company.
John TuckerHOST
The sales have steadily declined in China.
Charlie PellettCORRESPONDENT
Nike says it's consolidating its operations and cutting jobs while warning that its sales slump is poised to deepen.
Charlie PellettCORRESPONDENT
CEO Elliot Hill is about to begin his third year leading Nike.
Charlie PellettCORRESPONDENT
Pressure's mounting for the company to show signs of improvement.
Charlie PellettCORRESPONDENT
In New York, Charlie Pellett, Bloomberg Radio.
Peter DevlinHOST
And in these earnings, we saw more job cuts, another pledge to throw out the rulebook and revitalise the company with new rules and ways to It builds up their deteriorating results.
Peter DevlinHOST
But I mean, it's just the whole Wall Street losing patience now with CEO Elliot Hill.
Peter DevlinHOST
He's been in the job two years and hasn't really brought in that turnaround.
Peter DevlinHOST
And we look at Nike shares, they're down 40% this year, on track for its fifth consecutive year in the red.
Morgan BrennanHOST
But analysts say it's struggled to release enough new and compelling products, leading to more discounts and promotions.
Morgan BrennanHOST
Here's Nike CEO Elliot Hill on the earnings call last night.
Elliot HillSOUNDBITE_SPEAKER
Our Nike performance business is not yet large enough to offset the pressure we're seeing in Nike Sportswear, Jordan Brand, and Greater China.
Elliot HillSOUNDBITE_SPEAKER
We're taking deliberate actions to strengthen those businesses, but realizing the full benefit of those efforts will take time.
Tim LanceHOST
Beaverton-based shoe giant Nike announcing another round of layoffs as they plan over $2.5 billion in deep operating cuts now.
Tim LanceHOST
CEO Elliot Hill sent a letter to the employees today announcing the changes and some of the restructuring plans, including what he called the sport offense strategy to position the swoosh for long-term growth.
Brett RechampHOST
Matt Hill says Nike is modernizing its global supply chain with a new campus in India.
Brett RechampHOST
This means fewer roles for humans.
Brett RechampHOST
Exactly who will get let go will start being announced in January.
59 MINS LATER
Tim LanceHOST
Beaverton-based shoe giant Nike announcing another round of layoffs.
Tim LanceHOST
As they plan, they say, over $2.5 billion in deep operating cuts.
Tim LanceHOST
CEO Elliot Hill sent a letter to the employees today announcing changes and some of the restructuring plans, including what he called the sport offense strategy to position the swoosh for long-term growth.
Melissa LeeHOST
And Nike swooshing lower after a revenue miss and disappointing guidance.
Melissa LeeHOST
Is there anything Elliot Hill can do to get the turnaround back on track? A top analyst will weigh in.
Melissa LeeHOST
Plus, Wall Street says bullish on Meta, what Airbnb CEO had to say about the reach of AI, and mortgage rate ripple effects, how rising costs to home buyers is affecting consumers and credit card companies.
Melissa LeeHOST
I'm Melissa Lee, coming to you live from Studio B at the Nasdaq.
Brandon GomezCORRESPONDENT
Yeah, the stock is up today, but down more than 40% this year.
Brandon GomezCORRESPONDENT
And investors have grown impatient as CEO Elliot Hill's turnaround tries to find its footing.
Brandon GomezCORRESPONDENT
Wall Street is expecting another quarter of declining sales, roughly 3.5% in earnings of 43 cents a share.
Brandon GomezCORRESPONDENT
But the headline numbers may matter less than what management says about the path forward.
Sara EisenHOST
Investors aren't buying the company's turnaround efforts yet, with the stock losing nearly half its value this year.
Sara EisenHOST
But our next guest believes in CEO Elliott Hill's ability to steer Nike back from the slump.
Sara EisenHOST
Let's bring in Bob Derbil, Managing Director and Consumer Retail Analyst at BTIG, one of eight analysts covering Nike with a buy rating on the stock.
Sara EisenHOST
So what, what is the bull case here?
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