After a months-long consumer flight from new sneakers and new clothing, Nike Inc. is bringing in a new chief executive. Investors liked the news. But analysts say there’s still lots of work ahead for the company.

Nike executive Elliott Hill would replace John Donahoe as chief executive office, the Swoosh is now gearing up to report earnings for the first quarter on Oct. 1. Despite a generally positive reaction to the CEO news,

The stock market ended last week on a high note, wrapping up the quarter with a sense of optimism. This positive momentum is largely fueled by expectations that the Federal Reserve’s recent interest rate cut will boost economic activity and set the stage for a stronger performance in the new quarter.