Advertisement
Singapore markets close in 7 hours 41 minutes

  • Straits Times Index

    3,164.16
    +9.47 (+0.30%)
     

  • Nikkei

    37,807.42
    -154.38 (-0.41%)
     

  • Hang Seng

    16,251.84
    0.00 (0.00%)
     

  • FTSE 100

    7,847.99
    +27.63 (+0.35%)
     

  • Bitcoin USD

    61,446.57
    -2,259.26 (-3.55%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     

  • Dow

    37,753.31
    -45.66 (-0.12%)
     

  • Nasdaq

    15,683.37
    -181.88 (-1.15%)
     

  • Gold

    2,385.60
    -2.80 (-0.12%)
     

  • Crude Oil

    82.61
    -0.08 (-0.10%)
     

  • 10-Yr Bond

    4.5850
    -0.0740 (-1.59%)
     

  • FTSE Bursa Malaysia

    1,540.04
    -0.38 (-0.02%)
     

  • Jakarta Composite Index

    7,130.84
    -7,164.81 (-50.12%)
     

  • PSE Index

    6,450.04
    +45.07 (+0.70%)
     

The Bad News for Nike in Foot Locker's Sales Update

Demitri Kalogeropoulos, The Motley Fool
·3-min read
The Bad News for Nike in Foot Locker's Sales Update

Nike (NYSE: NKE) won't announce its fiscal first-quarter results until late September, but investors already have some valuable clues about what to expect in that report. Foot Locker (NYSE: FL), which counts the sports apparel titan as its biggest supplier, just issued an operating update ahead of its official quarterly announcement in late August. Foot Locker revealed that comparable-store sales returned to positive territory in May, June, and July.

Continue reading