Thursday August 6, 2020

Incoming: this week in business

Results, launches and rulings to keep an eye on over the next five days.

15th December, 2019
Nike hopes that, with the help of brand ambassador Serena Williams, it can increase its female customers

MONDAY

Sportswear giant to publish results

Nike releases its figures for the second quarter. The sportswear giant’s first-quarter earnings beat analysts’ expectations, thanks in part to increased digital sales. It reported earnings per share of 86 cents and revenue of $10.66 billion, with shares rising by more than 5.5 per cent. Mark Parker, the chief executive, said online sales were up 42 per cent during the quarter. For the current fiscal...

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