294. Nike Metaverse Shatters Stock Market Expectations | Digital Sales & NFTs Grow 34%
Metaverse Insider
English - December 23, 2022 20:14 - 13 minutes - 12.7 MBCourses Education Business Entrepreneurship Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
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Nike (NKE) delivered a surprise earnings gain for its second quarter late Tuesday and also beat on revenue. NKE stock soared above a key technical level Wednesday. Nike Digital sales grew 31% year over year. That fueled 23% direct-to-consumer sales growth in the region. On this episode, we're taking a look at how Nike/RTFKT is doing everything right in turning its traditional business model into a community driven web3 metaverse of NFT digital assets and physical goods.
~This episode is sponsored by Ocean Crawler Watch co.~
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