Nike Stock Falls to 5-Year Low as Global Sales Decline
https://www.fxleaders.com/news/2025/03/21/nike-stock-falls-to-5-year-low-as-global-sales-decline/
7 replies (most recent on top)
Please ban Miro. Lamest way to collaborate ever.
This isn’t grade school.
This is why tying exec compensation to DEI targets is flawed. Lowering standards just to create a mix of genders and backgrounds, like filling a box of colorful Crayola crayons, is not the answer to building the best in class team.
Nike strives to be world-class, but can it truly call its current leaders world-class? How can Nike achieve world-class status without world-class leaders?
A good start would be to replace the fu--ing senior leaders who led Nike into this mess.
GT, ED&AI are obvious ones. Highly impactful orgs and the impact is mostly -ve. Get rid of all orgs doing “innovation” in GT and ED&AI.
No I doubt it, maybe shifting resources and some new leaders but more cuts will only send stock lower.
People are still traveling. We are hiring.
If EH is smart he will cut budget from from all of these frivolous places and leave product and people alone.
Cheaper stock means ESPP and 45+ level stock will strike low and higher returns. Zero panic. Righting the ship takes time. I hope to retire knowing I was part of the turn around and rewarded for it with the stock jump.
Will more cuts happen? Probably. Still a lot to rebalance where inflated in some areas and lean in others. All part of how companies prioritize. I doubt to the RIF extent a year ago. Need to resource the vision of the future not the past and that likely means change in pockets.
I expect it to be intentional though not just cost cutting.