Nike results top estimates even as China sales drop 12%; retailer expects $986 million tariff refund

Nike was expected to report another quarter of declining sales as the sneaker giant struggles to regain strength under its turnaround strategy.

Nike results top estimates even as China sales drop 12%; retailer expects $986 million tariff refund
Nike results top estimates even as China sales drop 12%; retailer expects $986 million tariff refund

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Original source title

Nike results top estimates even as China sales drop 12%; retailer expects $986 million tariff refund

Source-provided summary

Nike was expected to report another quarter of declining sales as the sneaker giant struggles to regain strength under its turnaround strategy.

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CNBC Business original article


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