Nike reported a profit loss of $790 million in the 4th quarter and a decline in sales of 38%, 46% in the United States. Instead of making 7 cents a share, they lost 51 cents a share. With Colin Kaepernick as their mascot, how could this loss have happened?
Don’t worry, they still have their Chinese Communist friends, benefitting from their near-slave labor.
Nike says it’s the coronavirus, but this happened right after they dumped Betsy Ross sneakers because Colin Kaepernick didn’t like them. He was offended by the Betsy Ross flag. His hatred of America is the likeliest reason.
The sneakers were meant to celebrate Independence Day but Castro-loving Colin Kaepernick was offended by the early version of the American flag.
The Wall Street Journal sources said Kaepernick, who appears in Nike ads as some kind of hero, complained and that was it.
I haven’t bought Nike since, and I bet I am not the only one. Many are thoroughly sick of these easily offended America haters.
America and the promise made in the Declaration of Independence gave birth to the greatest nation on the planet. But Kaepernick and the corporate PC police are embarrassed by the flag and that promise. Pathetic. Stand for America and the flag! #MAGA #KAG https://t.co/9zlb7WzNWY
— Kimberly Guilfoyle (@kimguilfoyle) July 2, 2019
They will lay off people in July through Fall.
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Nike sneakers fly off the shelves when ever a store is looted, so Nike stuff is still in high demand !!!!!
Regarding the Betsy Ross sneakers. Nothing says American patriotism like an American flag on Chinese made sneakers. People should have been boycotting Nike long before their ungrateful has been football player spokesman was brought on board. Same goes for any American company that manufacturers in China or any other country that hates us.
I quit buying Nike when they hired Kapperdick. I haven’t watched any NFL for the past couple of years. Not interested in supporting a bunch of overpaid ungrateful ignorant game players who disrespect our country.
Amen !!!
Yet you have no problem with cops killing unarmed black men
Michael, can YOU tell me how many unarmed Black men were killed by cops in 2018 in the ENTIRE United States? I’d guess you cannot. There was 14. Total. 14 unarmed, but 9 of those were attacking the cops and either beating them or attempting to beat them. And there were 442,000,000 (million) interactions between cops and citizens in the… Read more »
Michael is a meme quoter who does not reply to others based on facts…. Pure emotional drivel is the preferred operating mode and it is almost always triggered by the Democratic Party puppet masters… who know how to egg on the simpletons who comprise their following… Guess he has no idea that black males who represent aprox 8% of the… Read more »
Well I feel bad for the laid off employees…..now they’ll have time to watch him kneel and play football this fall …tickets will be REALLY cheap……Supply and Demand, ya know….