Aug. 5 at 10:42 PM
$NKE Listen to the
$JPM Liars who are in Wall Street's pockets and miss Big Upside to
$80.17 by October . . . then higher
$GME $SPY
Financial Recovery Status
Total Expected: Nike anticipates a total payback of approximately
$986 million from the federal government.Funds Collected: Over
$300 million had been collected by the end of fiscal Q4 (May 31).Balance Treatment: The remaining uncollected balance is currently recorded by Nike as accounts receivable.Margin Impact: The unexpected refunds significantly improved Nike's gross margins to 49.2%, up from 40.3% the previous year.
