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Stock impact report

5 big changes Nike CEO Elliott Hill is making to turn around the struggling sportswear giant [Business Insider]

Dick's Sporting Goods Inc (DKS) 
Last dick's sporting goods inc earnings: 3/10 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.dicks.com
Become an Insider and start reading now. Have an account? Log in Elliott Hill has had a busy 2025 at the helm of Nike. Hill launched Nike's plan to drive a sports-focused turnaround. He restructured senior leadership, sought to mend wholesale partnerships, and raised prices. Nike CEO Elliott Hill inherited an uphill battle when he took over at the sports giant in October 2024. Since then, Hill has made changes — both big and small — to the company as part of its turnaround strategy . After retiring from Nike in 2020, the former president of consumer and marketplace returned to guide the company amid declining sales, sluggish growth, and increased pressure from upstart rivals. During the quarter preceding Hill's start, Nike's revenue declined 10% year over year to $11.6 billion, following flat growth in the 2024 fiscal year. Nike shares jumped about 8% on the day Hill's appointment was announced in September. The Nike veteran didn't waste time launching his strategy whe Show less Read more
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