NEW YORK: Nike reported a drop in first-quarter earnings Tuesday on flat sales as heavy promotions in North America again cut into profit.
Net income for the quarter ending August 31 was $950 million, down 24 percent from the year-ago period.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.