Total revenues at the 50 public companies we track were $55,452.7 million in the second quarter, compared to $54,874.0 million in the same quarter a year ago, but profits fell by half to $1,657.6 million from $3,344.4 million. Huge negative bottom-line swings at Nike, Puma, and Crocs caused most of the damage, despite a few bright spots, including Adidas, Asics, Gildan, and an actual profit from Peloton. The field was evenly split between companies reporting profit increases and decreases, while revenue winners just outnumbered the losers. Sales and profits improved in ... Log in to view full article.