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Nike, hater of US FLAG/sponsor of Colin K, takes $800M loss for Q2
[Finance.Yahoo] Nike lost $790 million during a fourth quarter in which nearly all of its stores were forced to close due to the coronavirus pandemic...Sales fell 38 percent to $6.3 billion during the quarter, falling far short of the $7.3 billion that Wall Street analysts expected.... Nike posted a loss of 51 cents per share. The company reported a profit of $989 million in the same period one year ago. other PC related: NIKE DECLARES JUNETEENTH A COMPANY HOLIDAY NIKE PLEDGES $40M TO SUPPORT BLACK COMMUNITY NKE announced after COB today and it has been hit in aftermarket trading. Posted by: lord garth 2020-06-26 |
| http://www.rantburg.com/poparticle.php?ID=575333 |