August 23, 2019
Net income was $60 million for the second quarter ended Aug. 3, down 25% from $88 million last year, on flat sales of $1,774 million against $1,782 million that included a 0.8% comp store gain and come currency headwinds from the strengthening US$.
The net loss grew to $8,778,000 over $1,222,000 for the second quarter ending Aug. 3, as revenue was up 20% to $252,440,000 from $211,123,000 and comparable store sales increased 0.3%.
The new tariffs of 5% or 10% would go into effect if the
Nike antagonist Michael Avenatti asked a U.S. District Judge to postpone his scheduled trial on charges of extorting Nike from November to January.