Sports reporter Josh Schafer outlines the circumstances of Nike's first-quarter earnings beat.
Britain's biggest sportswear retailer JD Sports Fashion has extended its links with Nike Inc with a deal that gives its customers access to more of the U.S. brand's footwear and apparel. The retailer said on Friday it would be Nike's first European retail partner for its Connected Partnership loyalty programme, giving JD customers, starting in the United Kingdom, access to select Nike member-only products, such as the Nike Blazer Pro trainers. "In terms of partners that Nike are working with, they're working with less but more important partners and we intend to be one of those landmark partners," Sherilyn Paterson, JD Sports' group merchandising director, said.
Image source: The Motley Fool. Nike (NYSE: NKE)Q1 2023 Earnings CallSep 29, 2022, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon, everyone.