Great, thank you so much. Subscribers Only. 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. Try Rev and save time transcribing, captioning, and subtitling. NIKE’s digital transformation strategy is not easily replicated. So, Jim, in the quarter, we continued to rollout RFID across both our supply chain and our stores. Thank you, Andy, and hello to everyone on today’s call. 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. And third, lower physical traffic in our NIKE owned stores versus last year, although substantially improved versus the prior quarter. 22 mins When Its Merger With EV Maker Canoo Closes, HCAC Stock Will Fly InvestorPlace 24 mins Dollar Thumped Seeking Alpha NIKE, Inc. Q2 2021 earnings call dated Dec. 18, 2020Corporate Participants: Andy Muir — Vice President, Investor Relations. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. Sure, Omar. We scaled ship from store capabilities in North America’s NIKE brand in-line stores, which now represents over 20% of revenue in enabled doors. I guess, looking at the North America and maybe — I mean, EMEA EBIT dollar growth significantly outpacing revenue growth in those markets. These capabilities will be enhanced by our RFID investments, highlighting dramatic improvement we are making in our O2O service performance. And that they lies in our own doors and they help to accelerate our own capabilities and by providing a clear line of sight to the inventory levels. Earning Call Audio. Just in Q1, we launched new stores in Guangzhou, China; Seoul, Los Angeles and Paris, with two new doors in New York City coming in the next few weeks. However, Q1 did benefit from about 55 basis points of one-time accrual reversals that we had incurred in Q4. I just love the Venus and Serena spot, it just celebrates the power sport has in connecting with consumers. Earnings. Next question is from Jamie Merriman with Bernstein. BEAVERTON, Ore., Sept. 22, 2020 — NIKE, Inc. (NYSE:NKE) today reported fiscal 2021 financial results for its first quarter ended August 31, 2020. Any reproduction, redistribution or retransmission is expressly prohibited. In EMEA, Q1 revenue grew 5% on a currency neutral basis and EBIT grew 14% on a reported basis. Next question is from Omar Saad with Evercore ISI. Revenues rose 19% year-over-year to $20.6 billion. In Q1, we saw an all-time high of the percentage of our members working out on The Nike Training Club app, with more than 50% of our members worldwide starting to work out in Q1. By continuously adding new styles, we expand these popular platforms. I’ll now turn the call over to NIKE. Revenues for Converse were $563 million, up 2 percent on a currency-neutral basis, mainly driven by strong demand in Europe and in digital, globally. We’re getting stronger in the places that matter most. These financial results offer clear evidence of a faster marketplace recovery for NIKE, fueled by consumer demand for all our brands. And at the same time, we create experiences and services that inspire and enable our members to keep pushing themselves further. And over the past three months, as most companies focused on just surviving, we are continuously bringing forward new compelling product to market. We will achieve this level of service at a lower fulfillment cost over time. And even in the midst of disruption, we are on the offense. 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. Jordan has also continued to excite the consumer with locally relevant product, like the AJ XXXIV, Rui Hachimura, which was Japan’s best-selling basketball launch ever. According to Piper Sandler analysts, Nike, Inc. (NYSE: NKE) is now expected to announce $0.54 as earnings per share for the 1st quarter of 2021 as per their report issued on the 14th of December. And again, that’s where the scale competitive advantage comes from in our supply chain because we’ll be able to forecast demand, get the right inventory in the right places to get it to consumers quickly both for ourselves and maybe even over time as an added benefit for our strategic wholesale partners. Fourth and finally, digital is fueling how we create the future of retail. NIKE is poised to emerge from the current environment stronger and better positioned, with a sharper focus, a clearer view of our brand’s long-term future and with a team that is energized to compete and to win. While we strive to produce the best transcripts, it may contain misspellings and other inaccuracies. There are a few elements that are important for me to highlight here. Despite ongoing uncertainty, more countries are emerging from containment and have returned to growth, China, Japan, South Korea, the UK, France and Germany just to name a few. Our last question comes from the line of Matthew Boss with JP Morgan. NIKE, Inc. (NYSE: NKE) plans to release its second quarter fiscal 2021 financial results on Friday, December 18, 2020, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Act 0.78 Est 0.59 Q3 2020 Nike Inc Earnings Call 03/24/2020 05:00 PM (EDT) NKE. Nike Inc. (NYSE: NKE) Q1 2021 earnings call dated Sep. 22, 2020 Corporate Participants: Andy Muir -- Vice President of Investor Relations John J. Donahoe II NIKE, Inc. (NYSE: NKE) plans to release its first quarter fiscal 2021 financial results on Tuesday, September 22, 2020, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. And last but not least, our sustainable footwear platform known as Space Hippie saw amazing sell-through in our highest heat innovation launch ever. Health and safety remain our first priority, so we’ve closed facilities and stores where appropriate. And then we also had some SG&A leverage in those geographies in the quarter, as we were managing spend and working through new ways of working from a corporate perspective, and that also helped to fuel EBIT growth relative to revenue growth in the quarter. The place where we saw more balanced growth in the quarter was in Greater China where retail traffic has recovered closer to prior year levels and is approaching prior year levels but digital was still the fastest growing channel in that marketplace at over 30% growth. This presentation may contain “forward-looking” statements within the meaning of Section 27A of the Securities Act … 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. We think that’s good for consumers and it’s ultimately good for NIKE. Revenue of $10.59B (-0.62% Y/Y) beats by $1.45B. Nike (NKE) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.48 per share. And the most obvious one right now is just the pandemic and the impact it has on consumer demand and consumption in the near-term. Safe Harbor Certain statements contained in this presentation are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 . Joining us on today’s call will be NIKE, Inc. President and CEO, John Donahoe; and our Chief Financial Officer, Matt Friend. I wouldn’t trade our position with anyone. And as we drive continued separation in the market through connected, seamless and modern consumer experiences, we will fuel growth and profitability. Nike is set to release its earnings results for Q1 fiscal year 2021. Obviously, right now, we’re in the middle of a quite an uncertain moment and pandemic. We are focused on what we can control, deepening our consumer connections, while we manage risks and uncertainty in this environment. Our store traffic and sales are improving quarter-over-quarter, and we’re also seeing consumers increasingly self-identify as a member during checkout, or as we call it a linked transaction, which is leading to even more engagement on our apps and an elevated O2O journey. With that, let’s turn to our reported operating segments. Welcome to NIKE, Inc.’s Fiscal 2021 First Quarter Conference Call. Hello, everyone. For instance, we re-energized the iconic Air Max 90 this year and it was one of the quarter’s top growth drivers. NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on September 22, 2020, to review fiscal first quarter results. Thanks. To the extent, non-public financial and statistical information is discussed, presentations of comparable GAAP measures and quantitative reconciliations will be made available at NIKE’s website, Ultimately, we will drive deeper consumer connections and continue to amplify our brand strength using technology to operate more efficiently and at greater scale. You can see this in our market share gains across the NIKE and Jordan brands. Wedbush analyst C. Svezia anticipates that the footwear maker will earn $0.58 per share for the quarter. Q1 FY20Q1 FY21 Q1 Fiscal 2021 Financial Highlights 4 Q1 FY20 Q1 FY21 Q1 FY21 $3,496M i1% i1% Organic Constant Currency (a) $3,471M $745M $781M $1.34 $1.41 h5% (a) For a reconciliation of these non-GAAP financial metrics to their closest comparable GAAP metrics see our Q1 fiscal 2021 earnings release available at In Q1, NIKE active members increased nearly 60% with even higher growth in buying members. The first one just relates to leveraging data and the data that we continue to gather as a growing business to create personalized product offerings for consumers. I can tell you all 75,000 people here at NIKE love sport, love sport coming back and we’re cautiously optimistic that will continue till we get through this pandemic. But we continue to believe that digital will lead the way of growth for Greater China. And as I’ve said before, these are times when the strong can get stronger, and I’m energized by our incredible potential. Our digital business grew 83% in Q1 on a currency neutral basis. Tags: nike market cents. And so we’re assuming that there will continue to be some promotional activity in the second half of the year to maintain conversion rates and unit velocity as we keep, as we continue to operate through the balance of the year. NIKE Direct grew over 25%, with over 100% digital growth, driven by lifestyle products as the consumer focus on comfort continues. ** The marked paragraphs contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially. 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. Demand creation expense was $677 million, down 33 percent due primarily to lower marketing spend as live sporting events were predominately postponed or cancelled, slightly offset by continued investments in digital marketing to support heightened digital demand. Marketplace inventory is healthy and within our targeted guardrails. We continue to see varied impacts of COVID-19 across countries in the region, with growth in the Asia-Pacific region being led by Japan, Pacific and South Korea, while recovery in Latin America and certain countries in Southeast Asia continues at a slower pace. 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 … And so, you hear the excitement in my voice.

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