{"id":954659,"date":"2020-12-22T10:04:33","date_gmt":"2020-12-22T16:04:33","guid":{"rendered":"https:\/\/www.snkrsday.com\/?p=954659"},"modified":"2020-12-22T11:11:18","modified_gmt":"2020-12-22T17:11:18","slug":"nike-q2-fiscal-2021-11-billion-gain-revenue","status":"publish","type":"post","link":"https:\/\/www.snkrsday.com\/nike-q2-fiscal-2021-11-billion-gain-revenue\/","title":{"rendered":"Nike Records $11.2 Billion Revenue for Q2 of Fiscal 2021"},"content":{"rendered":"\n
With only a few days left before the end of 2020, Nike<\/a> has reported some good news, it was able to gain $11.2 billion USD in revenue during the second quarter of the fiscal 2021 year (which closed on November 30).<\/p>\n\n\n\n According to the report<\/a>, this marks a 9% increase in growth compared to last year\u2019s results, while China helped to boost the company\u2019s revenue by 24%. In addition, digital sales have also increased by 84%.<\/p>\n\n\n\n \u201cNike\u2019s strong results during a dynamic environment show the power of staying on the offense,\u201d said John Donahoe, President and CEO of Nike, in a press release. \u201cFueled by compelling innovative product and global brand momentum, we continue to extend our leadership. Our strategy is working, and we are excited for what\u2019s ahead.\u201d<\/p>\n\n\n\n Nike was forced to close the doors to some of its brick and mortar shops throughout the course of the year due to the ongoing COVID-19 pandemic.<\/p>\n\n\n\n Head over to\u00a0Nike\u2019s website<\/a>\u00a0for more information about its fiscal 2021 second-quarter results.<\/p>\n\n\n\n