Tag Archives: FIRST_PUBLISH_HEADLINE | Nike shares are falling after surprise loss linked to Covid-19 pandemic

Nike slips on Covid-related surprise loss

Text size Gross margins fell 8.20 percentage points, even with fewer discounts, due to supply chain disruptions and related costs. Timothy A. Clary / AFP via Getty Images Nike shares fell after hours as the sporting goods retailer lost a surprise in its fiscal fourth quarter amid store closings as …

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