Nike's second quarter earnings show revenue growth amid uncertainty for retailers

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BUCKING THE TREND: Nike surges on strong earnings, revenue growth despite retail uncertainty

its quarterly earnings on Tuesday that showed the retail giant exceeding Wall Street expectations with growing revenue despite investor fears of an oncoming recession.

Net income for the period that ended Nov. 30 stood at $1.33 billion at $0.85 per share, which was similar to the prior year of $1.34 billion at $0.83 per share. "Nike's results this quarter are a testament to our deep connection with consumers," said John Donahoe, president and CEO of Nike, in a statement. "Our growth was broad-based and was driven by our expanding digital leadership and brand strength."

 

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Nike shoes are being produced in 14 countries, with 96% of them manufactured in Nike's factories in China, Indonesia, and Vietnam. No wonder they are profiteering. Looks like not all manufacturing is coming back to the USA.

Uyghurs slave labor. Nike strong.

they are part of Cabal

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