YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Nike's earnings rise

Posted online

Nike reported quarterly net income of roughly $1.5 billion, an increase from nearly $1.4 billion a year earlier.

For its fiscal first quarter that ended Aug. 31, the company's digital sales grew 82%.

“We know that digital is the new normal. The consumer today is digitally grounded and simply will not revert back,” Nike CEO John Donahoe said.

Read more from Reuters.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Crumbl Cookies

Utah-based gourmet cookie chain Crumbl Cookies opened its first Springfield shop; interior design business Branson Upstaging LLC relocated; and Lauren Ashley Dance Center LLC added a second location.

Most Read
Update cookies preferences