Pins matching tag:"Win Now"

Nike's fourth-quarter revenue fell 12% to $11.1 billion and diluted EPS sank 86% to $0.14 in the quarter it called the biggest hit of its Win Now turnaround, and it estimated new US tariffs would add about $1 billion of gross costs in fiscal 2026.

Nike's first-quarter revenue rose 1% to $11.7 billion against its own forecast of a mid-single-digit fall, but it raised its fiscal 2026 tariff estimate to $1.5 billion and guided holiday-quarter sales lower.

Elliott Hill named supply-chain chief Venkatesh Alagirisamy EVP and chief operating officer over technology and operations, eliminated the chief commercial and chief technology officer roles, and put Nike's four geography leaders on the senior leadership team.