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Jacksonville Jaguars Fan Forums Other Stuff Political Talk Nike reports profit loss of $790 million what, Kaepernick couldn’t save them?


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Nike reports profit loss of $790 million what, Kaepernick couldn’t save them?

  • Offline flsprtsgod
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#14
06-27-2020, 09:26 AM

(06-27-2020, 08:59 AM)Sammy Wrote:
(06-26-2020, 10:19 PM)JagsFanClubOfMD Wrote: https://www.google.com/amp/s/www.cnbc.co...nings.html

Had you been paying attention you would have recognized only one of those drops were Covid-19 related. The Nike loss was from the 4th quarter of 2019.  Laughing

Nike's fiscal year ended 5/31/2020, so technically their Q4 was March-May and that's why their Q4 and Year End numbers just came out. I thought the same thing you did that this report seemed late if it was CY 2019, so I had a look at their corporate docs, and the drop was most significant in April and May.
“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

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RE: Nike reports profit loss of $790 million what, Kaepernick couldn’t save them? - by flsprtsgod - 06-27-2020, 09:26 AM



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