New York covid-19 pandemic New York

Nike shakes off pandemic blues with surging online sales

Reading now: 455
www.clickorlando.com

NEW YORK – Nike appears to have recovered from its pandemic slump, posting a solid quarterly profit driven by soaring online sales of its sneakers and workout apparel.The world's largest sports apparel maker on Tuesday reported a net profit of $1.5 billion profit, or 95 cents per share, in the three-month period ending Aug.

31, up 11% from the same 2019 quarter.That was well ahead of Wall Street analysts' expectations of 47 cents a share, according to FactSet.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA