The profit of the American sports equipment manufacturer increased

By: Trademagazin editor Date: 2020. 09. 23. 11:00

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U.S. sports equipment maker Nike grew significantly, up 11 percent, to 1.5 billion USD year-over-year in the first fiscal quarter ended late August, primarily due to a surge in online sales due to the coronavirus epidemic tozsdeforum.hu – wrote.

The world’s leading manufacturer of trainers, sportswear and sports equipment said its online sales rose 82 percent in the quarter, in part to boost Chinese demand. The company’s revenue fell 1 percent to 10.6 billion USD. As a result of the quarterly data released after the close of trading on the New York Stock Exchange on Tuesday, Nike’s stock rose more than 8 percent in over-the-counter trading. (tozsdeforum.hu)