Nike (NKE) reports Q4 2020 earnings, shares fall on unexpected loss

Nike (NKE) reports Q4 2020 earnings, shares fall on unexpected loss

Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020. Adrian Dennis | AFP | Getty Images Even Nike, often lauded as one of the strongest […]
Nike (NKE) reports Q3 fiscal 2020 earnings hurt by China, coronavirus

Nike (NKE) reports Q3 fiscal 2020 earnings hurt by China, coronavirus

Nike reported quarterly sales that topped analysts’ expectations, thanks to a boost from its digital business and growth in North America, which helped to offset weakness in China due to COVID-19.  Its shares shot up more than 8% in after-hours trading Tuesday...