Nike CEO acknowledges frustration after disappointing earnings, turnaround slow to take hold

Nike Inc. delivered a disappointing outlook this week, sending its shares sharply lower and prompting CEO Elliott Hill to acknowledge growing internal frustration during a company-wide call.

Speaking at a Tuesday all-hands meeting, Hill told employees he is ready to move past talking about fixing the business and shift toward rebuilding momentum, Bloomberg first reported.

"For me, my leadership team, from each and every one of us in this room, we have got to respond. I’m so tired, and I know you are too...