Nike shares soar after ‘better than expected’ earnings

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CommSec’s Tom Piotrowski says Nike reported “better than expected” earnings and revenue numbers after the market closed yesterday.

CommSec’s Tom Piotrowski says Nike reported “better than expected” earnings and revenue numbers after the market closed yesterday.“That actually lifted consumer stocks on both sides of the Atlantic,” Mr Piotrowski told Sky News Australia.

 

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Avatar sequel’s opening weekend earnings ’disappointed expectations’Walt Disney shares hit their lowest level this year after the opening weekend earnings for the new Avatar film “disappointed expectations”, according to CommSec’s Tom Piotrowski. Mr Piotrowski said Avatar: The Way of Water generated $US134 million in its opening weekend in North America, however analysts were expecting figures “significantly higher” at around $US175 million. “There are comparisons being made to the first Avatar film in 2009 which actually went on to become the highest-grossing film,” he told Sky News Australia. “It had $US77 million in its opening weekend so that’s an interesting comparison.” Presented by CommSec. Disney is yet another of the Woke to go broke. Disney forgets what made them a great organisation long ago, forgets your principles, forgets decency, good luck with entertaining the Woke Mob. Disney™ That means it's working. Woke crap eventually sinks....
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