Nike’s Three-Step Path to a Quick COVID-19 Rebound
Nike (NYSE: NKE) can keep growing even through significant retail disruptions caused by the COVID-19 pandemic and related containment measures. That was the main takeaway from the footwear and apparel giant's fiscal third-quarter results, which showed healthy sales gains through late February.
That period didn't include any of the economic slump that started in the U.S. in March, but Nike sees a path toward a quick rebound. CEO John Donahoe and his team discussed their reasons for optimism in a conference call with Wall Street analysts, and below we'll look at a few highlights.
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Source Fool.com
