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Nike Reports Surprise $790 Million Loss, 46% Plunge in North American Sales


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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."


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.

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