That … BEAVERTON, Ore., Sept. 24, 2019 - NIKE, Inc. (NYSE:NKE) today reported fiscal 2020 financial results for its first quarter ended August 31, 2019.. Revenue increased to $10.7 billion in … Nike scored a victory in its fiscal third quarter with a 5% increase in sales despite store closures in China. Nike posted a Q4 2020 net loss and sales dip as the coronavirus forced the closures of its stores, but its stock is still in good shape. COVID-19 Drags Nike into a Loss in Q4, Stock Falls 25 Jun 2020 New York (AFP) – Sports giant Nike reported a surprise loss Thursday as shutdowns due to COVID-19 prompted a big drop in revenues in spite of higher online sales. COVID-19 led to temporary store closures, which impacted sales and profitability. Following the news release, NIKE management will host a conference call beginning at 2:00 p.m. PT to review results. Nike slipped into a loss in the fourth quarter of fiscal 2020. Nike (NYSE: NKE) earnings for the athletic wear company’s fiscal fourth quarter of 2020 have NKE stock on the move after markets closed on Thursday. NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on June 25, 2020, to review fiscal fourth quarter and full year results. Nike Stock. Nike has just announced its 2020 fourth-quarter financial earnings, which highlight a 38 percent drop in revenue amid the ongoing coronavirus pandemic. Falling to … Shares sank 7.6% to close at 93.67 on the stock market today, undercutting their 50-day and 200-day moving averages. NIKE, Inc. (NYSE: NKE) plans to release its fourth quarter fiscal 2020 financial results on Thursday, June 25, 2020, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. • Fourth quarter reported revenues were $6.3 billion, declining from prior year as the majority of NIKE-owned and partner stores in North America, EMEA and APLA were closed due to the COVID-19 pandemic. In NIKE’s investor call for Q4 ending May 31, 2020, John J. Donahoe, president and CEO NIKE Inc. and Matthew Friend, executive vice president … fiscal 2020 fourth quarter and full year ended May 31, 2020.