CNBC's Kelly Evans is joined by CNBC.com retail reporter Lauren Thomas to discuss what's next for the industry as businesses reopen in the U.S. amid the coronavirus pandemic.
Here's how Nike did during its fiscal fourth quarter:Analysts were calling for the company to report earnings of 7 cents per share on revenue of $7.32 billion, according to Refinitiv data. However, impact from the coronavirus pandemic makes it difficult to compare the company's results to analysts' estimates.
As of Thursday's market close, Nike shares are down less than 1% this year. The stock is up about 22% from a year ago. Nike is valued at $157.7 billion.
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