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| -PC Follies |
| Nike, hater of US FLAG/sponsor of Colin K, takes $800M loss for Q2 |
| 2020-06-26 |
| [Finance.Yahoo] Nike lost $790 million during a fourth quarter in which nearly all of its stores were forced to close due to the coronavirus pandemic... Sales fell 38 percent to $6.3 billion during the quarter, falling far short of the $7.3 billion that Wall Street analysts expected.... Nike posted a loss of 51 cents per share. The company reported a profit of $989 million in the same period one year ago. other PC related: NIKE DECLARES JUNETEENTH A COMPANY HOLIDAY NIKE PLEDGES $40M TO SUPPORT BLACK COMMUNITY NKE announced after COB today and it has been hit in aftermarket trading. |
| Posted by:lord garth |
| #13 I suspect their big fans all got new and free Nikes recently. Next quarter is gonna be rough as well. |
| Posted by: rjschwarz 2020-06-26 20:31 |
| #12 Their combat boots suck too |
| Posted by: Lampedusa Munster2779 2020-06-26 19:22 |
| #11 NKE down about 7.5% at COB today |
| Posted by: lord garth 2020-06-26 19:10 |
| #10 LeBron James, Nike's Beard: Under-represented people in Hong Kong should shut the frak up and watch my movie. |
| Posted by: swksvolFF 2020-06-26 14:56 |
| #9 ^😎 |
| Posted by: g(r)omgoru 2020-06-26 09:11 |
| #8 This loss may be a sign of cutting down on EBT fraud. |
| Posted by: Bright Pebbles 2020-06-26 09:06 |
| #7 Couldn't happen to a nicer group of greedy fucking assholes. |
| Posted by: DarthVader 2020-06-26 09:01 |
| #6 Early on back in the Old Testament when I was a kid, men were admired for doing what they thought was right and consensus be damned. Now it would appear that there is no higher or more desired accolade than getting your PC ticket punched. All concerns of honor, decency, or sere practicality being seemingly unimportant. That said, couldn't happen to a better bunch and I earnestly hope it is the start of a long trend. |
| Posted by: Cesare 2020-06-26 07:33 |
| #5 Someone in marketing a long time ago focused on the woke crowd, the urban youths, the trendy kids of the privileged caste and those who want to be identified with them. Adapt or perish. |
| Posted by: Procopius2k 2020-06-26 07:24 |
| #4 They reported $800M loss for Q2 but will scrounge up $40M for PC virtue signaling. |
| Posted by: Clem 2020-06-26 06:07 |
| #3 They'd better 'take a knee' and hope for better days ahead. |
| Posted by: Besoeker 2020-06-26 06:01 |
| #2 Great! |
| Posted by: Clem 2020-06-26 06:01 |
| #1 Get |
| Posted by: Bright Pebbles 2020-06-26 05:46 |