May 14, 2020 / 8:36 PM / 3 months ago

Nike warns of fourth-quarter impact in N.America business

May 14 (Reuters) - Nike Inc said on Thursday store closures in North America will hurt its retail and wholesales businesses in the fourth quarter.

The company said only 5% of Nike-owned stores in the geography are open as of Thursday amid the COVID-19 pandemic. (Reporting by Praveen Paramasivam in Bengaluru; Editing by Shailesh Kuber)

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