The sportswear maker predicts a hit for its fourth quarter in all the regions where its products are sold as only 5 to 40% of Nike's stores are there open.
The company says, though, that all Nike's stores are open in China, while in South Korea more than 95% are open, some with reduced hours. It added that traffic is still below the level of the previous year.
The company also said that new member acquisitions are increasing, with strong digital demand partially compensating for declines in its own stores and wholesale channels.
In more than 15 countries , including Germany, France , Brazil and the United States, Nike has been reopening stores.
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