Great, thank you so much. And so as you can see, even during market uncertainty, we’re not slowing down. First quarter reported revenues were $10.6 billion, down 1 percent on a reported basis and flat to prior year on a currency-neutral basis*, NIKE Direct sales were $3.7 billion, up 12 percent on a reported basis, and up 13 percent on a currency-neutral basis, with growth across all geographies, NIKE Brand digital sales increased 82 percent, or 83 percent on a currency-neutral basis, with double-digit increases across North America, Greater China, and APLA and triple-digit growth in EMEA, Diluted earnings per share for the quarter was $0.95, up 10 percent, Inventory rose 15 percent versus prior year but decreased 9 percent versus prior quarter, “Our results this quarter continue to demonstrate NIKE’s full competitive advantage, as we strengthen our position in the midst of disruption,” said John Donahoe, President and CEO, NIKE, Inc. “In this dynamic environment, no one can match our pace of launching innovative product and our Brand’s deep connection to consumers. We can navigate. NIKE entered the pandemic with unparalleled brand and business momentum. And so, we’re continuing to focus on the strategy and the shift because we think it’s the right thing to do long-term, and that’s where our focus and attention is going to be at this time. In fact, we can thrive in this environment, thanks to our digital advantage and the full breadth of our global portfolio. We would like to allow as many of you to ask questions as possible in our allotted time. 22 mins When Its Merger With EV Maker Canoo Closes, HCAC Stock Will Fly InvestorPlace 24 mins Dollar Thumped Seeking Alpha 25 mins FedEx, UPS Navigate Tight Capacity as Storm Impacts Deliveries TheStreet 27 mins Moderna Shares, Up 600% This Year, Limp … Our NIKE digital business is already meeting our mix goal of 30%, nearly three years ahead of schedule and we will continue to grow from here. Retail sales in the China marketplace are accelerating with an increasing proportion of full price sales. At NIKE, innovation is a systemic approach and it’s how we extend our lead. Jamie, it’s interesting because I had a little bit of a outside-in point of view of this, and I must say from a Board perspective, I saw the investment NIKE was making in digital and, boy, you see the result of that, the fact that we have a clear digital advantage today. And in Q1, for the first time ever, women completed more of these runs than men. So, yes, when we had our last earnings call, we referenced that we were seeing strong triple-digit growth in digital in the month of June. Gross margin decreased 90 basis points in Q1 versus the prior year as a result of impacts from COVID-19, including higher promotions to reduce excess inventory across the marketplace and higher supply chain costs. Presentation: Operator. So, we got over a 1 billion units at 99.99% readability, which enables us to see our inventory now across all of our factory stores. And we’re continuing to execute on the incredible opportunity we see in women’s apparel. For those that have missed the camaraderie of group runs during the pandemic, runners are telling us they’re enjoying the connection and extra push offered by this feature. Demand on the Nike app grew 150% in Q1, highlighting the continued shift to mobile experiences. This is a trend that we expect to continue throughout this fiscal year as we change the shape of the North America marketplace. Our goals and our principles related to how we financially manage the business are really unchanged to deliver sustainable, profitable and capital efficient growth over time. Take care. Our effective tax rate for the quarter was 11.5% compared to 12.4% for the same period last year, primarily due to benefits from stock-based compensation offset by a reserve for a discrete tax matter. Is it an ever lower customer acquisition cost? We will use data at to stay a step ahead and help us create a better product as consumer insights power our business end-to-end towards even greater growth. Perfect. Is it just building out more fulfillment options like the one you have on the West Coast or are you now at the point where you can start to leverage some of those investments behind data and RFID? Third, I continue to be excited by the opportunity I see for NIKE in digital. And in the Nike Running Club, we’ve seen four consecutive months of more than a 1 million downloads each month of our audio-guided runs. Estimates: Wall Street expects Nike earnings to fall 10% to 63 cents a share, with revenue rising 2% to $10.55 billion. Our new store in Guangzhou is a data-powered store concept that curates a one-to-one personalized shopping journey. Just help us get our hands around the various drivers of the gross margin this quarter. Finally, as we cut purchase orders to recalibrate supply and demand in North America during the first half of fiscal ’21, we shifted product allocations to fuel higher demand in NIKE digital and our smaller group of strategic wholesale partners. Earnings. Physical retail traffic continues to grow and is approaching prior year levels, and we are also well positioned for Singles’ Day in November. SG&A declined 11% in Q1. With the first quarter now complete, I will update our full year financial outlook. NIKE Direct grew over 25%, with over 100% digital growth, driven by lifestyle products as the consumer focus on comfort continues. Nike (NYSE: NKE) is scheduled to announce Q1 earnings results on Tuesday, September 22nd, after market close. Nike Inc. (NKW) held their Q1 FY21 earnings conference call on September 22, 2020. Nike shares soared 13% in extended trading Tuesday as the company reported an 82% increase in online sales and offered up an outlook that calls for demand to grow through the holidays.The company has used the coronavirus pandemic as an opportunity to accelerate its digital business, and its women's apparel division grew nearly 200%. Your line is open. Nike shares soared 13% in extended trading Tuesday as the company reported an 82% increase in online sales and offered up an outlook that calls for demand to grow through the holidays.The company has used the coronavirus pandemic as an opportunity to accelerate its digital business, and its women's apparel division grew nearly 200%. Our engagement and membership metrics show incredible momentum. I appreciated your comments, Matt, on the digital margins, obviously a very nice — I think you said 10 point higher gross margin than wholesale in your digital channel. Read the full transcript here. Great. Your line is open. Nike (NKE) Q1 2020 Earnings Preview: North America, ... Nike’s Q1 2020 revenues are projected to jump 5% to hit $10.45 billion, ... with 2021 expected to come in 8.4% higher at $45.70 billion. Nike (NKE) reports Q2 fiscal 2021 earnings, sales beat December 20, 2020 Sam khawaja 0 Comments Nike on Friday reported quarterly sales and earnings that topped analysts’ estimates, driven by triple-digit growth online in North America and strong demand for its … Q1 2021 Earnings Presentation November 5, 2020 . As you recall, our OneNike marketplace approach leads with NIKE digital in our own stores, as well as a smaller number of strategic partners who share our vision to provide a consistent and seamless consumer experience. Hey, Matt. As you saw a more pronounced shift in the business in wholesale here in the quarter, some of that probably forced on you by the macro backdrop, but what do you think about the margin evolution in North America from here as we normalize and get on the other side of this COVID period and look out to second half of this year and into 2022? We are reducing excess inventory at lower promotional levels relative to the overall marketplace, highlighting the strength of our brand and the value of our key product franchises, and we ended Q1 in a net cash position, generating positive free cash flow and increasing our liquidity to over $13 billion. And last but not least, our sustainable footwear platform known as Space Hippie saw amazing sell-through in our highest heat innovation launch ever. As I said last quarter, fiscal ’21 will continue to be a time of uncertainty because virus containment patterns around the world remain volatile. While we strive to produce the best transcripts, it may contain misspellings and other inaccuracies. According to Piper Sandler analysts, Nike, Inc. (NYSE: NKE) is now expected to announce $0.54 as earnings per share for the 1 st quarter of 2021 as per their report issued on the 14 th of December. * See additional information in the accompanying Divisional Revenues table regarding this non-GAAP financial measure. So, we are seeing a benefit from increased digital penetration on our margins within those two geographies. With that, let’s turn to Greater China, which continued its strong momentum with 8% growth on a currency neutral basis, with Mainland China delivering double-digit growth. NIKE has a strong track record of investing to fuel growth and consistently increasing returns to shareholders including 18 consecutive years of increasing dividend payouts. Thanks for taking my question and thanks for all the information. Express Lane drove revenue growth and generated higher full price realization in the quarter. So, Jim, in the quarter, we continued to rollout RFID across both our supply chain and our stores. And so, in this world where consumers want a seamless digital and physical experience, they want to know who they are, they want consistent premium modern experiences, the North America retail market today is furthest away from that. Earnings Release FY21 Q1 Microsoft Cloud Strength Fuels First Quarter Results REDMOND, Wash. — October 27, 2020 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2020, as compared to the corresponding period of last fiscal year: For more information, NIKE, Inc.’s earnings releases and other financial information are available on the Internet at http:// investors.nike.com. Our digital business grew 83% in Q1 on a currency neutral basis. Just this month, you saw Naomi Osaka give voice to the Black Lives Matter movement by sitting out the finals of the tournament just prior to the US Open before returning to the US Open and winning it. BEAVERTON, Ore., Sept. 22, 2020 — NIKE, Inc. (NYSE:NKE) today reported fiscal 2021 financial results for its first quarter ended August 31, 2020. The response to this best-in-class yoga collection has been amazing and is already driving incredible growth for our women’s yoga business. Oppenheimer analyst B. Nagel anticipates that the footwear maker will post earnings of $0.39 per share for the quarter. Thanks. As I reflect on the first quarter, there are three key strategic and financial themes that stand out. • First quarter reported revenues were $10.6 billion, down 1 percent on a reported basis and flat 0.067 Q4 2020 NIKE Inc Q2 2021 earnings results on Tuesday, September 22nd, after market.... 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