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Nike Revamps C-Suite, 'Win Now' Strategy Faces Profit Pressure: Analyst

Summary

Nike Inc. (NYSE:NKE) sees leadership changes as Heidi O'Neill retires after 26 years. New CEO Elliott Hill restructures leadership to align with Nike's "Win Now" strategy. Despite the overhaul, analysts expect ongoing challenges, cutting the price target to $70.

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Article published on May 6, 2025 by benzinga