FYI Nike stock rallies as sales surpass Street estimates by more than $1 billion
- Thread starter Bill
- Start date
Yakuda
Verified User
Revenue rose to $12.34 billion from $6.31 billion in the year-ago quarter, when brick-and-mortar stores were shuttered because of the pandemic.
What do you guess is the hourly wage of workers in China who make lebronda's sneakers.
Yakuda
Verified User
Good suggestion but I bet it's not anything close to the $15/ hour wage that lebronda no doubt believes American workers should get. What's more likely is that the wage is barely above slave labor level. So in other words lebronda is opposed to slavery unless it makes him rich.
ThatOwlWoman
Not Nice
Sweet. I'll file this away with the other tard predictions: The Red Hen restaurant will go out of business for ejecting Sarah Slanders. Nike gonna go broke for hiring Kaep. Mary Trump's book will be in the dollar bin a month after being released. Biden will never be president. The Kraken is coming, and so is the Rapture. Hunter Biden and his laptop are going to be arrested. #TRE45ON will be reinstated as IMPOTUSx2 in ̶M̶a̶r̶c̶h̶,̶ ̶A̶p̶r̶i̶l̶,̶ ̶J̶u̶n̶e̶,̶ ̶s̶u̶m̶m̶e̶r̶,̶ ̶s̶o̶o̶n̶ ̶ any day now.
That was probably true 20 years ago, not now "China is already a “hyper-sized” consumer market with 1.4 billion people. Its rapidly growing middle class is at least over 400 million strong"
You own any Nike??
Since they had Kap on board they've been doing great. I bought some when they signed LeBron, of which I was not a fan of but since then have become more of..
cawacko
Well-known member
The evolution of Nike is interesting. In liberal circles in the past they were not viewed favorably in terms of off-shoring jobs and using sweatshops and child labor. Public Enemy and Chuck D called them out for inner city kids buying their products and Nike not putting money back into the community. Now they transformed themselves into almost epitomizing wokeness.
(And Jordan is still the G.O.A.T. Sorry LeBron.)
Minister of Truth
Practically Perfect
I was a fan of LeBron until he came out against democracy in Hong Kong.
ThatOwlWoman
Not Nice
I don't follow sports, but I do have a lot of regard for those sports figures who use their fame and money to help others like LeBron does.
YEAH, HE'S BEEN GREAT FOR THE PEOPLE of HONK KONG....
YAY CHINA!! SOMETHING NIKE AND THE CHINA-CRATS HAVE IN COMMON...
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Althea
Althea told me...
Don't forget...'Chauvin will walk'.
When Kap was hired to be the face of Nike, the stock was trading at $75/share.
Today it's up $20/share, to $154/share.
Yep...the Nazis were burning their Nikes. They were never going to buy Nike again.
So?
I find it interesting that they just lopped off 700 staff at the Portland HQ.
https://finance.yahoo.com/news/nike-ups-planned-job-cuts-004704612.html
https://finance.yahoo.com/news/nike-ups-planned-job-cuts-004704612.html
ThatOwlWoman
Not Nice
Looks like enough ppl bought Nikes to make up for the racist putzes who burned theirs. I love it.
Are you talking about his/other players/NBA knowtow to the commies??
I find that despicable, but the owners of the NBA will tell you it's a business, & there is lots of money to be made in communist china..
IMHO that public kowtow was indicative of the world, INCLUDING THE USA=WALLSTREET/Corporations & the west...
China has been able to circumvent the defenses by becoming everyone's biggest trading partner who they cannot afford to lose & can not displease in anyway, @ least w/out economic & political consequences which they may believe to be to great to bear....
Yep... I wasn't a fan of his, but he has grown on me..
I use to like sports but not any more, I follow no teams nor consider myself a fan of any, no more than I would be a fan of Pepsi or Coke..
I still have lots of sports gear & my kids keep giving me stuff but I wear it hiking or in the yard..
That said, if the game is on, I will watch, just not much skin in the game, & then only locals-niners, warriors, kings, giants, A's -raiders
