Nike earnings: Retailer continues growing market share in China

Yahoo Finance Video
1 年前

Nike (NKE) shares are on the move this morning after faring better than expected in its fiscal first-quarter earnings reported yesterday. Barclays Consumer Discretionary Senior Analyst Adrienne Yih joins Yahoo Finance Live to break down Nike’s international market share, specifically in China and what the possibilities are for the company in that region post-pandemic.

"[China] was extremely important to Nike pre-pandemic," Yih says. "Remember, pre-pandemic, they had an algorithm of about 15% or more compounded annual growth from the market."

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