"Nike reported net income of $1.45 billion, or 90 cents per share, compared with $847 million, or 53 cents per share, a year earlier. That was better than the 76 cents per share that analysts were expecting."
And the world keeps turning. I openly refuse to buy anything from Nike. Makes buying shoes kind of difficult in my area, but I'll sooner drive several hours to buy a pair of off brand canadian running shoes before I every buy anything with a swish on in.
The only way I would deal with Nike is to get their products for free and pass them to the needy. And even that makes me feel dirty. But some people need decent shoes so.
My nephew was so infuriated by Nike's fuckery that he threw out all his shoes. He didn't donate them, he didn't want anyone else to wear them. His wife sewed tiny American flag patches over the swoosh on all his golf shirts. Go woke, go broke!
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."
Multiple aspects at play here. Nike, woke. Major league sports, woke (Nike has deals with many leagues) and have pushed away fans in the process, hence a massive drop in athletic gear/jersey sales.
Looks like we "just did it"
Yep, a year ago. Look at the dateline.
It's a year old report. For 2021 it's:
"Nike reported net income of $1.45 billion, or 90 cents per share, compared with $847 million, or 53 cents per share, a year earlier. That was better than the 76 cents per share that analysts were expecting."
https://www. cnbc.com/2021/03/18/nike-nke-q3-2021-earnings.html
Let's bankrupt them first and put them out of business. Then say "we did it"
And the world keeps turning. I openly refuse to buy anything from Nike. Makes buying shoes kind of difficult in my area, but I'll sooner drive several hours to buy a pair of off brand canadian running shoes before I every buy anything with a swish on in.
I agree!
Order new balance online. I really love the way Nike makes my size shoe, but not that much. Now I just order new balance custom.
All you're doing is removing an outlet for the swoosh addicts. They'll go buy new, just much less than they would used.
We need an athlete to start styling some other apparel brsnd.
Cuban with the afro that kneels just cost some fools a bunch of Chinese slavery profits.
Ha ha, the woke have been hiding in their homes. No need for shoes. They should have shifted to slippers.
Or they stocked up using those masked-up five-finger discounts last year...
Nike go hike.
It is no surprise to us ?
came to say this have my updoot
Hope Coca Cola is next.
Just bought some walking and workout shoes. Made sure they were NOT Nike.
Adidas is evil too.
Trying to find a non-cucked running shoe
Howls.....
It's only a surprise to Nike, it would seem.
I'm sure all the Peaceful Protest shopping helped ????
Oh My.
Did their Asian workforce get freed?
The only way I would deal with Nike is to get their products for free and pass them to the needy. And even that makes me feel dirty. But some people need decent shoes so.
Is this on top of their losses last year that they tried to blame entirely on the looting?
My nephew was so infuriated by Nike's fuckery that he threw out all his shoes. He didn't donate them, he didn't want anyone else to wear them. His wife sewed tiny American flag patches over the swoosh on all his golf shirts. Go woke, go broke!
Can't wait to hear the stats on Coca-Cola.
Lets not forget a lot of their existing stock was looted by Joggers, over a year...
Worthless shoes stolen by worthless people. Legit.
Que the mini violin.
So satan shoes sales stagnate?
I actually pulled the nike logo off a pair of sneakers. Mind you, it was a tiny in the back.
Like Greekish says below, the article is old,
they're actually doing good business this year.
https://www.cnbc.com/2021/03/18/nike-nke-q3-2021-earnings.html
From the article of this post:
LOOK at the DATE: ''25 Jun 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."
hahah well they "gave" their shit away for free to the Burn Loot Murder-groups, so ofc sales will fall.
Just 64% more to go and hopefully the executive will start jumping of the windows.
Fucking good, I laugh at these retards
Was an avid nike shopper...never again. Same for woka cola. Done. Adidas, water and sweet tea for me. ????
Nice, i will not forget the companies who got woke, they are dead to me.
In other news: News Balance has within the last few years become a large established brand in Norway.....
Multiple aspects at play here. Nike, woke. Major league sports, woke (Nike has deals with many leagues) and have pushed away fans in the process, hence a massive drop in athletic gear/jersey sales.
You made your bed Nike, now eat shit!
Nike made a choice, the wrong choice. None of their child slave made crap for me.
Because of coronavirus jaja