CEO Elliott Hill is executing a turnaround strategy, showing early progress in reducing inventory and shifting product mix. Nike is cutting back on discounting and moving excess inventory to factory ...

Nike's sales declined by 9% last quarter, and things could get even worse in the near term. The company is in the middle of a turnaround, but investors shouldn't expect it to be quick or easy. As ...

Earnings Watch: FedEx also reports, with cost cuts and holiday trends in focus Some of the issues at Nike Inc., which on Thursday reports its first quarterly results under a new chief executive, have ...