Nike Keeps Growing Through Coronavirus Challenges
Nike (NYSE: NKE) is having no trouble growing its business even as the COVID-19 pandemic temporarily affects some of its key selling markets. The footwear and sports apparel giant on Tuesday announced fiscal third-quarter earnings results that showed solid revenue gains despite the coronavirus disruptions.
Worldwide sales rose 7% after adjusting for currency exchange rate shifts, which was good news considering China, its biggest growth market, declined for the first time in years.
Source Fool.com