Nike started acting like Shoe King instead of a Shoe Dog, and that is the problem....Go back to your Roots and begin again! Don't try to correct. Start with a fresh outlook with the same thrive and energy as PK and Bill Bowerman....Do not RESTART!... — read more
End summer hours
I’m for ending Summer hours to increase stock value. There will be a morale hit and some grumbling and attrition. But the employees will adjust.
Board’s Fiduciary Duty to Shareholders
Nike’s entire board ought to be scrubbed at this point too. Zero accountability for failings of successive leadership teams. Waiting on evidence they take their fiduciary duties to shareholders seriously at this point. Activist and buyout the best... — read more
IF EH and everybody in upper management has honor
conviction and belief then THEY SHOULD WORK WITHOUT COMPENSATION IN LIEU OF STOCK OPTION. THEN WE WILL BELIEVE IN EVERYTHING THAT YOU SAY.
Just fu--ing pull the trigger already
It's been over a month since we were told there would be GT layoffs. How much longer do we need to complete this "rationalization"? Fu-k the spring holidays, just pull the ripcord and send the emails already.
How much is ego worth?
How much is the Jordan brand, and by extension its ego and entourage, costing Nike?
Cutting your way to a higher stock price only works until it doesn't
Eventually, the absence of strategy and sound fundamentals comes due. And I won't even mention the unthinkable - a bold vision with a long-term payoff. Apparently that's just fantasyland.
Where's the upside?
Listening to yesterdays call even if everything goes great over the next year where is the upside? Where's the growth coming from? Best case scenario sounds like incremental growth in na partners but dtc continues to "right size" and bleed out china... — read more
Sell Converse
Just like Umbro, Cole Haan, and Hurley. Converse will be sold.
It is official!!
NIKE is certified $40.00 stock. Let's hope that it does not hit $30.00 Yesterday's news was so bad that seems like Wall Street got a surprise and they don't like surprises. Seems like everyone is capitulating this stock and leaving with no support. ... — read more
end of the beginning?
with the stock prices hitting rock bottom, is there any way this company can be saved? will there be any actual comeback or only setbacks?
Nike stock price. Is it a reflection of the company and brand?
Just think, it was trading near 170 five years ago. Today it’s trading at 45. Make your own conclusions.
MF has literally cheated us of ESPP gains this time
Looks to be a well coordinated strategy to push earnings call to March 31. The drop in share prices is almost 15% now, wiping out any gains on ESPP. This is as pathetic as it gets, no need to invest in ESPP going forward if this is how cheap this... — read more
How much are Nike VPs being paid to hit diversity targets?
Nike has disclosed that executive compensation includes ESG metrics, which explicitly include diversity outcomes. While the company doesn’t break out the exact weighting, market norms suggest ~10%–20% of annual bonuses are tied to these... — read more
Fire EH, MF, VA and TH - NOW!!!!!
All four of these id--ts need to be fired immediately.
I am in ground hogs day
because I keep writing same thing over and over in the hopes that Nike upper management do something. And it is either because they are incompetent or just plain stupid, they don't do anything!!!! Nike finally divulged their f2ck ups in public... — read more
Nike Appears to Have Saved ~$10M at Employee Expense by Delaying Earnings
Nike reported Q3 earnings on March, later than its typical mid-March timing. The stock dropped ~9% immediately after. Because that move occurred after the ESPP purchase date, employees bought shares at a higher price than they otherwise would... — read more
Things could be (or get) worse……
https://wwd.com/footwear-news/shoe-industry-news/sneaker-allbirds-missteps-expansion-stores-acquisition-1238694185/
Growth first! Let's figure it out through your entrepreneurship.
Sorry, it never works. Define the problem first. Not the "What number what you want" first. Id--ts.
Retro mania
First we got retro shoes now we have retro stock prices… wassup with that?
April Fools
Any chance the earnings report was just an early April fools joke?
Down 9% AH
Despite saying “win now” a gazillion times, the numbers still aren’t showing it EH’s tone not helping. Felt like I was getting yelled at.
At this point, it's just rolling layoffs
That's improvisation without a plan.
Q3 earnings call reaction: Here is an idea
Stop laying off every 3 months. Do one and done. Stop changing plans please. People will be more productive.
Q3 actions were the "largest" headcount/reorg impact in tech/supply chain.
While this doesn't tell us the exact number, we saw 775 jobs cut in supply centers, so the figure will probably be less than that, especially since tech cuts turn around higher cost reduction per head than distribution centers.
Who is getting cut this week?
Seeing LinkedIn goodbyes - what groups are getting cut this week?
Tech Layoffs - Week of 4/19
Heard this rumor today. Anyone hear similar?
VP promotion outcomes vary across race and gender (2017–2024)
From 2017 to 2024, a directional comparison of VP promotion outcomes relative to the Director+ feeder available population suggests non-white males were roughly 4× more likely to reach VP than white males. Non-white females show a similar pattern at... — read more
Nike Stock - Feels Bad Man
If you had invested $1000 in nike stock back in 2015, you would have about $1000 now. If you had bought $1000 of Nike back in 2015 and sold at the peak in 2021 you would have had roughly $3673. If you invested $1000 in Apple stock in 2015, you... — read more
Speaking of scandals
Remember around 2020-21 When a certain VP got fired for letting her son resell Nike shoes in bulk that were purchased on her corporate credit card... I didn't realize she changed her name and is now the CEO of Footlocker. Talk about failing upwards
it is best interest of NIKE that NIKE should be kicked out of DJIA
Nike should be out of DJIA and don't mix with prima donnas. Get out DJIA and start from bottom with hungry attitudes without worrying about trying to meet financial expectations of DJIA members. Being in DJIA is hindrance to NIKE. Seems like Nike... — read more
Why are performance reviews here such a joke?
I was just thinking about this, the feedback I got for the last review was so vague it's meaningless. What's the point of it? I know I'm not the only one with this issue.
The Silver Linings Layoff Playbook
If layoffs were executed according to the following playbook Nike would almost certainly be better off. Let go of employees at the Director level or above who: Started at Nike post 2010 Have only worked for Nike Were ‘promoted in place’... — read more
January Data Breach
https://www.kptv.com/2026/03/30/california-woman-files-class-action-lawsuit-against-nike-after-data-breach/ Another class action
New GT Org
Here's my objective proposal to help make GT more focussed, leaner & stronger: 1) Have one primary domain leader. Merge Sr Director Engg & Sr Director Product into one role and have engineering, product, architecture roll into that one leader. 2)... — read more
Predictions for Tuesday
Category 1: Layoffs news Category 2: Stock price
Team is still missing the most critical roles
Since three reorgs ago. Oh well, not that I care if any work is being done.
Every few months they shake up the whole structure again
I can't keep track of who I report to anymore or what I'm supposed to be working on. Projects constantly get started and then abandoned mid stream. Can somebody explain to me how this complete chaos benefits anybody, including Nike?
We're in managed decline
Don't expect a turnaround. There's no real intent to bring back the old glory, not even to improve from where we are now. They'll cut until there's nothing left. We've been stagnating, and I've yet to see even a hint of vision behind any of the... — read more