(Photo by Patrick Smith/Getty Images) Getty ImagesNike delivered some coal to investors’ stockings in the second quarter 2024. Troubles Brewing Across The GlobePulling the company's performance down was a 4% decline in North America sales, which accounted for 44% of Nike Brand sales and totaled $5.6 billion in the second quarter. That weekend, Nike Direct got a 10% bump in sales in North America, EMEA, and APLA. Rather, he blamed a 30% North America comp increase in last year’s second quarter for weak performance this year. Converse is another company brand, which contributed $2.4 billion in revenues last year, one-fifth of the company’s total $51.2 billion in sales.

Source: The North Africa Journal December 23, 2023 21:56 UTC