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Nike Posted Revenue of Almost $12 Billion in the Third Quarter and Raised Its Full-year ... - Latest Tweet by Reuters
The latest Tweet by Reuters states, 'Nike posted revenue of almost $12 billion in the third quarter and raised its full-year revenue outlook. The company's margins remain pressured by a strong dollar, higher freight costs and efforts to get rid of excess inventory through heavy discounts ...'
Nike posted revenue of almost $12 billion in the third quarter and raised its full-year revenue outlook. The company's margins remain pressured by a strong dollar, higher freight costs and efforts to get rid of excess inventory through heavy discounts https://t.co/a0S6X4VNWB pic.twitter.com/acwqQ0bOyP— Reuters (@Reuters) March 23, 2023
(The above story first appeared on LatestLY on Mar 23, 2023 05:34 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
