Nike revenue beats as digital growth offsets rare China sales fall on virus hit
Share:
(Reuters) - Nike Inc beat estimates for quarterly revenue on Tuesday as strong digital demand offset the first China sales drop in nearly six years from the coronavirus-fuelled shutdowns, but the company held back from providing a forecast due to the outbreak.The epidemic forced Nike to temporarily shut down stores to help contain its spread in China, where it was first detected late last year. The company has now closed stores in Europe and the United States where the virus is rapidly..