Cowen expects Nike’s sales fall $3.5 bln for May quarter
Nike Inc’s revenue could fall
by a third in the fourth quarter, Cowen estimated, as the
sportswear giant reels from store closures, supply disruptions
and the suspension of this year’s NBA season due to the
coronavirus pandemic.
by a third in the fourth quarter, Cowen estimated, as the
sportswear giant reels from store closures, supply disruptions
and the suspension of this year’s NBA season due to the
coronavirus pandemic.
Posted by Reuters
