pipedreams Posted June 26, 2020 Share Posted June 26, 2020 "New York (AFP) – Sports giant Nike reported a surprise loss Thursday as shutdowns due to COVID-19 prompted a big drop in revenues in spite of higher online sales." https://www.breitbart.com/news/nike-reports-790-mn-q4-loss-as-sales-plunge-on-covid-19-hit/ Far more comfortable in New Balance. Make in the USA. 4 Link to comment Share on other sites More sharing options...
Swampfox762 Posted June 26, 2020 Share Posted June 26, 2020 1 Link to comment Share on other sites More sharing options...
railfancwb Posted June 26, 2020 Share Posted June 26, 2020 Do Nike shoes taken during looting count as sales? 1 1 Link to comment Share on other sites More sharing options...
26isbest Posted June 27, 2020 Share Posted June 27, 2020 13 hours ago, railfancwb said: Do Nike shoes taken during looting count as sales? Of course. They don't want to alienate their primary consumer base. 3 Link to comment Share on other sites More sharing options...
AK_Stick Posted June 27, 2020 Share Posted June 27, 2020 So most shoe stores and stuff have been closed and we’re surprised they posted a loss? How were they been doing before Q1 2020? 1 Link to comment Share on other sites More sharing options...
Pisco Posted June 27, 2020 Share Posted June 27, 2020 Well no **** ehh? ? 1 Link to comment Share on other sites More sharing options...
Historian Posted June 27, 2020 Share Posted June 27, 2020 They earned it. 1 Link to comment Share on other sites More sharing options...
AK_Stick Posted June 27, 2020 Share Posted June 27, 2020 I’m guessing it’s gonna be Covid related. Because they sure didn’t seem to be hurting till then. Link to comment Share on other sites More sharing options...
janice6 Posted June 28, 2020 Share Posted June 28, 2020 On 6/26/2020 at 6:31 AM, pipedreams said: "New York (AFP) – Sports giant Nike reported a surprise loss Thursday as shutdowns due to COVID-19 prompted a big drop in revenues in spite of higher online sales." https://www.breitbart.com/news/nike-reports-790-mn-q4-loss-as-sales-plunge-on-covid-19-hit/ Far more comfortable in New Balance. Make in the USA. I thought all the stimulus checks going for Red sneakers would produce a peak in sales. Too short duration, maybe. Have to "flatten' the curve. 2 Link to comment Share on other sites More sharing options...
pittpa Posted June 28, 2020 Share Posted June 28, 2020 On a positive note, volume was up during the riots.Sent from my iPad using Tapatalk 1 2 Link to comment Share on other sites More sharing options...
holyjohnson Posted June 28, 2020 Share Posted June 28, 2020 I'm not home so I can't post the "HaHa" meme. but HAHA! 1 1 Link to comment Share on other sites More sharing options...
holyjohnson Posted June 29, 2020 Share Posted June 29, 2020 i`m Home now.. 1 1 Link to comment Share on other sites More sharing options...
jmax Posted June 29, 2020 Share Posted June 29, 2020 I guess I’ll pick a nose hair to get a tear for their sales decline 2 1 Link to comment Share on other sites More sharing options...
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