Search results
Results from the WOW.Com Content Network
Nike pointed to strong sales around big shopping events like Black Friday and China's Singles Day, yet the company warned of "indications of more cautious consumer behavior around the world in an ...
Nike's overall positive performance involved strong results from its digital and direct-to-consumer (DTC) businesses: The company's direct sales were $4.6 billion, up 15% from a reported basis and ...
Nike reported earnings on Thursday as investors remain focused on any signs of a consumer slowdown in North America and slower growth in China.
For premium support please call: 800-290-4726 more ways to reach us
Fears that Nike had something to hide by announcing its Q2 earnings on a Friday were firmly put to rest when the Swoosh brand posted results that solidly beat analyst expectations.
Digital sales climbed more than 30% in Greater China, while sales in the region, its fastest-growing segment, fell 5% due to the store closures in the reported quarter.
Nike's leadership is bullish on China and said partnerships with the country's leading digital platforms are driving momentum. The sneaker giant posted second-quarter revenue of $1.38 billion for ...
Beaverton, Oregon-based Nike said fiscal 2022 revenue is estimated to grow by low double-digits and surpass $50 billion. Nike forecast for online sales boom, post-lockdown demand drives shares up ...