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Your line is open. Thank you for the question, Michael. And then, as it relates to the margin impact, the second quarter will be the largest impact. In EMEA, as I mentioned, we saw significant gross margin expansion again this quarter and a very high level of full price realization. Amoebas. The Center at Needham Ranch is unmatched in commute, clear height, community and cost effectiveness. As the world's largest sports apparel and footwear company, we are happy to set the pace in serving the consumer. And with our best boot ready for the biggest stages of the world's most popular game, not to mention a full lineup of Federation kits, we're thrilled about translating this energy into commercial opportunity. Lunch. Just look at women's football this quarter. Other. Bob Drbul -- Guggenheim Securities -- Analyst. We look forward to speaking with you next quarter. With industry-leading Digital growth, positive retail traffic in our stores and online, and more product available for consumers across the marketplace, the power of NIKE's portfolio continues to fuel business momentum. We see that numbers are still something, but that's been primarily a function of the ongoing COVID disruption. best free wheelie games on pc And Matt mentioned some of the storytelling in his remarks around the Jordan 25th anniversary and what we're doing with high school basketball that it is connecting with consumers. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. And when we look at our full year guidance, it's a 150 basis point annual impact, which we believe is transitory. Michael S. Schmidt Family. G.T. We are closely monitoring consumer confidence and behavior, and ultimately, the implications of high inflation on consumer demand. Market-beating stocks from our award-winning analyst team. Now let me turn to our NIKE, Inc. first quarter financial results. You've seen the LeBron 20, right, launched, already hard to get, if not sold out. With strong brand momentum, improving deliveries and a robust innovation pipeline, we're acting now to set the stage for future seasons of sustainable profitable growth. Product innovation remains a key differentiator with strong sell-through from the Alphafly Next% 2, the Pegasus 39, the G.T. This will require higher markdowns in our own channels and through wholesale partners. And we got a very strong innovation pipeline that will still be coming hard and hard in Q2, Q3 and Q4. Watch the video to experience it!! Column 1. So the energy we're creating from an innovation standpoint, when combined with how we plan to story-tell and connect it to the marketplace gives us immense confidence as we look ahead. Thanks. To the extent nonpublic financial and statistical information is discussed, presentations of comparable GAAP measures and quantitative reconciliations will be made available at NIKE's website, investors.nike.com. Thanks, John, and hello to everyone on the call. First quarter diluted earnings per share was $0.93. It will stimulate your bowels and often result in a movement. We continue to deepen connections with Chinese consumers in locally relevant ways, from elevating the street dance community with hyperlocal product and storytelling to igniting youth basketball culture through the lens of the Chinese high school basketball league. 1 brand shopping app, we're more encouraged than ever about NIKE's opportunity to serve Chinese consumers with distinct, premium and localized experiences. Alphafly Next% sold out. As some of you have seen with its launch last week, I'm talking about NIKE Forward, our biggest apparel innovation since Dri-FIT 30 years ago. I could not be more proud of how our team continues to adapt to changing circumstances with a relentless focus on getting the right product to the right place at the right time. I can answer this question. static1.squarespace.com . These risks and uncertainties are detailed in the reports filed with the SEC, including the annual report filed on Form 10-K. We had the Air Max Scorpion, NIKE Forward. And we keep elevating our ability to serve these consumers. And we're building a hyper local-brand voice there. Celiac disease. And so, Matt will talk a little bit about the assumptions we have built in to our second half. Secondly, we've seen quite a bit of volatility in transit times. Your next question comes from the line of Matthew Boss with J.P. Morgan. Vista Canyon offers an experience-focused workplace, providing tenants with an inspiring, collaborative work environment, engaging social spaces, high-end amenities and transportation. there are some coffee that >smells like my son's poop and pee. Because we had late product arriving for the spring, summer and fall seasons, because of the disruption that we've seen in North America and then the decisions of early order holiday and to have that arrive earlier, we effectively have a few seasons landing in the marketplace at the same time. And it's kind of a balance. Diseases that Stink up Stools In addition, several medical conditions can cause fat malabsorption which is a common reason for foul smelling poop, says Dr. Levy. Michael Koch/Cook came in 1717 with his wife Mary (perhaps Mary Barbara) Reiner from Schwaigern He is documented in several ways but the principal one is the headright list. And then, Matt, you can comment on some of the details. And our full year forecast of low double-digit currency-neutral growth, given our performance in Q1 and what we anticipate for quarter two, is reflecting a more modest growth rate in the second half. Thanks so much for taking my question. Your next question comes from the line of Alex Straton with Morgan Stanley. Now our brand strength and consumer connection will continue to be driven by storytelling through sport in a way that only NIKE can. Serena, on behalf of everyone at NIKE, thank you. Bags (AKA Cornhole). Type 5: Soft blobs with . what percentage of human trafficking victims are female, what chokes come with beretta silver pigeon sporting, bank address for direct deposit wells fargo, multiple warning lights on dash subaru ascent, sec division of corporation finance director. And finally, in the Berlin Marathon last week, Eliud Kipchoge smashed his own world record, running the marathon in an incredible two hours, one minute and nine seconds while wearing the Alphafly Next% 2. So we're optimistic. 12 /14. We're also excited about how we'll be connecting this product to the consumer. And what I would say, Brian, is that this encouragement that we've been noticing for the past three quarters is really giving us confidence from across the marketplace that while we've been navigating through some near-term issues, that NIKE is positioned to grow in Greater China. We would like to show you a description here but the site wont allow us. Second, our partners are and will remain a vitally important part of our marketplace strategy. This informative show takes you on a fast-paced tour through the various exciting projects being built in Playa Vista as of October 2014. And as we continue to focus on giving consumers personalized experiences regardless of channel, the key remains connected membership. I'm proud of our results this quarter as our brand momentum, culture of innovation and proven operational playbook delivered yet another quarter of strong revenue growth. Awards by Location and Organization And we're confident that to the extent that something more significant happens, we're taking some of the right actions now in order to position us well in that scenario. This quarter, it became clear to us that conditions in North America are shifting once again. Finally, inventories were $9.7 billion, up 44% compared to the prior year. It could be caused, Getty Images. NIKE direct grew 13% versus the prior year, outpacing the broader market with double-digit in-store and digital traffic growth. Ron tonkin toyota - kelnmm.myomentfernungohneop.de Microsoft takes the gloves off as it battles Sony for its Activision And that's really being driven by a couple of factors. So the Peg 39, a hyper-localized into a gel design. Here's Why Your Plates Sometimes Smell Like 'Wet Dog' After a Dishwasher Cycle July 12th, 2017 It happens all the time: You run the dishwasher, expecting sparkling-clean, odor-free dishware and cups, only to have everything come out smelling faintly of wet dog. Partners enable us to serve consumers with expanded access, choice and convenience, and above all, letting us know and serve these consumers across the full marketplace. At the same time, consumers are facing greater economic uncertainty, and promotional activity across the marketplace is accelerating, especially in apparel. Any reflection on the five-year targets that you gave us a year ago, some of the growth rates and year-over-year margin opportunities as we get past this year relative to that plan? NIKE Direct declined 2% on a currency-neutral basis with a 5% decline in NIKE Digital. Michael S Schmidt Wife (Nicolle Wallace) Michael is Married to Nicholle Wallace. Feel free to contact us at support@learnbrands.com with questions. VIN 3TMCZ5AN6NM519892.. Quality Toyota Maintenance & Repairs Near Vancouver.Ron Tonkin Toyota offers the full Toyota lineup for With the Swoosh won by all 32 NFL teams, and NIKE and Jordan representing 21 schools and college football top 25. This exciting show takes you to Sunset Blvd in Hollywood to show you the Columbia Square mixed use creative office project now underway by Kilroy Realty. Get out for a run. 2022, Xcel Energy Acquires 10 Acres in Colorado for 40k sf Build-to-Suit, Retail/Medical Center in Vegas Trades for $298/sf, Westport Properties to Develop New Industrial Facility in Henderson, NV, Propeller Inc Lands at Field Office in Portland, Avanath Capital Management Pays $58 Mil for 168-Unit Multifamily Property in Denver, Seven-Property Self-Storage Portfolio Traded, AZ Industrial Sales Comp Works Out to $159/sf, North Palisade Partners Starts Work on New Distribution Project in Vernon, BKM Capital Partners Closes $20 Mil Light Industrial Buy in the Seattle Area, Phoenix Office Building Trades for Over $9 Mil, Seattle Investor Picks Up Retail/Creative Office Building in Phoenix, Dont Miss NAIOP SoCal UCLA vs. USC Real Estate Challenge on Thursday, November 17, Work Started on Affordable Housing Project in Hawaii, FUSE Workspace Buys Austin Office Building, Work Begins on 25k sf Chemistry & Biotechnology Building at Oceanside Campus of MiraCosta Community College, Standard Management Co Spends $11 Mil on El Segundo Office Property, SR Watt Company Spends $60 Mil on 188 Res Units in the Portland Area, Investor Pays $427/sf for Colorado Medical Office Building, Work Started on 192k sf Distribution Project in Spokane Valley, WA, Local Investor Buys Texas Office Building, Nuveen Real Estate Picks Up 337k sf Industrial Asset in La Mirada, ViaWest Group Starts Work on 173k sf Spec Warehouse in Salt Lake City, Colorado Industrial Property Gets New Owner in $13 Mil Deal, Washington State Industrial Investment Deal has a Price Tag of Almost $24 Mil, Canadian Buyer Spends $40 Mil on AZ Retail Center, Colliers Acquiring Controlling Interest in Arcadia Management Group, San Diego Investment Entity Picks Up AZ Office Building in $14 Mil Deal, Arizona Development Site Snapped Up in $4 Mil Buy, Colorado Office Building Traded in $15.7 Mil Deal, Medline Leases 710k sf Facility in Salt Lake City, Access all of RENTV's past video programs. Wholesale revenue grew low double digits with strong growth from strategic partners such as DICK'S and JD Finish Line, as well as our authenticated partners. Can you just talk about what your guidance assumes as it relates to any potential recession? In fact, I was talking to Angela last night. PHASE 2 CONSTRUCTION CONTINUES AT THE CENTER AT NEEDHAM RANCH, The Center at Needham Ranch | Ready for Occupancy, Ready for Occupancy | The Center at Needham Ranch, Whole Foods Anchored Shopping Center Debuts in South Lake Tahoe, The Center at Needham Ranch Building 3 Comes Online, Brandon Birtcher, CEO of Birtcher Development, LLC, Keynote Address at RENTV's South Bay/Long Beach Conference 10.18.17, Yat-Pang Au, Founder & CEO of Veritas Investments - Keynote Address at RENTVs DT San Francisco Conference 7/20/17, Metropolis Los Angeles, Presentation by Ryan Aubry. Microsoft is quietly building a mobile Xbox store that will rely on Activision and King games. In tennis, I mentioned Serena's farewell to the sport at the U.S. Open, but the new generation made some noise there too. The first one is when you look at the inventory situation, and I guess specifically in North America, when do you think you will have recalibrated the supply/demand for NIKE? Earlier ordering by retailers, driven by strong consumer demand and less predictable delivery timelines, had led to elevated inventory levels broadly across consumer goods. ET. Thank you for taking my questions. About Our Coalition - Clean Air California Our ability to expand the world of sport and our ability to create the future of sport itself is why I wouldn't trade NIKE's position with anyone. We're now starting to see the product that reflects our shift two years ago to our new consumer construct of men's, women's and kids, and the impact it's had is remarkable. Wallace, 44, is a political analyst and former White House communications director under George W. Bush, and Schmidt, 41, is a senior editor at We saw an increase in the second half of last year. If you can maybe share your thinking on international, anything outside of North America. There's never been a better time to be in the sport and wellness business, and I'm confident in our ability to not just stay at the front of the path but also to extend and expand our lead. Below are lists of the top 10 contributors to committees that have raised at least $1,000,000 and are primarily formed to support or oppose a state ballot measure or a candidate for state office in the November 2022 general election. As the operator indicated, participants on today's call may discuss non-GAAP financial measures. Nicole Wallace is hitched to Mark Wallace, a previous United Nations official from the United States. Paul Trussell -- Vice President, Investor Relations and Strategic Finance. You will find the appropriate reconciliations in our press release, which was issued about an hour ago or at our website, investors.nike.com. Microsoft pleaded for its deal on the day of the Phase 2 decision last month, but now the gloves are well and truly off. Microsofts Activision Blizzard deal is key to the companys mobile gaming efforts. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Brandon Birtcher, CEO of Birtcher Development, LLC, gives an impassioned and forward-thinking presentation about his company, the market, the economy and the future titled "Conventional Thinking May Be Irrelevant. As Matt mentioned, EMEA and APLA, strong consumer demand with a strong pipeline. New VR design software and simulation tools allow our designers and engineers to collaborate in real time like never before. Our brand strength continues to give us confidence in sustaining our top line momentum. So Brian, how about that? We can't completely predict it. Cumulative Growth of a $10,000 Investment in Stock Advisor, 4 Huge Social Security Changes Taking Effect in January 2023, 5 Reasons to Buy Amazon Stock Hand Over Fist Right Now, 2 Once-in-a-Decade Buying Opportunities in a Nasdaq Bear Market, 3 Elite Dividend Stocks Down 13.5% to 31% to Buy Now for Decades of Passive Income, Join Over 1 Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. Consumers continue to rate us their No. Matt, I was just wondering if you -- to clarify one simple thing, you said North America inventory peaked in first quarter. There are some very specific things we're doing with regards to excess inventory in North America. California voters have now received their mail ballots, and the November 8 general election has entered its final stage. And so, it has -- it's good for consumer, it's good for competitive position and it's also good for our margins. This was led by 14% growth in NIKE direct and 8% growth in wholesale. As mentioned last quarter, we are taking a cautious near-term approach in Greater China, given the ongoing risks of COVID-related disruption. Great. We're closely monitoring consumer confidence. Now given the performance that we saw in the quarter, we saw retail sales across the overall marketplace increase relative to our plan aligned with that. NIKE membership serves as a catalyst for digital growth, driving greater engagement and higher lifetime value in our highest margin channel. We plan to compete, as I mentioned, in a more promotional environment. And with that, I'll turn the call over to Matt. We're continuing to accelerate against our One Nike Marketplace approach in which we directly connect with the consumer no matter where they shop and with each channel playing an integrated role in the consumer's overall journey. Earlier, I mentioned this landmark 18 months for global football we've got coming up. We're bringing this community in almost daily flow of compelling content and product launches. We are focused on what we can control as we take a measured approach against an uncertain macro outlook. These strategic partnerships are truly win-win with plenty of opportunities still ahead. And Bob, I'd add on to the second, just part of your question around -- you're right, it's the entire industry. Sure, Bob. Or is there something else that encourages you to want to clear it as opposed to just work it through over the normal course of time at full price? Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. Learn More, Nike(NKE 6.53%)Q12023 Earnings CallSep 29, 2022, 5:00 p.m. I thought it might have been some strange watery vaginal discharge but I dont remember feeling anything come out of. As a result, we faced a new degree of complexity. And we're bringing what we call fresh assortments, so new product into market. I would definitely go t Read More. The Center at Needham Ranch is ready for occupancy with stunning architecture, soaring ceilings, modern offices, exceptional loading and a fast reverse commute 1 mile from L.A. Method 1. Get in prayer and say Mass. And so, we continue to be the No. Lunch. And I just would add specific to the guidance that, as John mentioned, in the first quarter, we exceeded our own internal plan with double-digit currency-neutral growth. However, our North America inventory grew 65% versus the prior year, with in-transit inventory growing approximately 85%. That's true in Running. NIKE's authenticity as the champion for athletes and sport has always been one of our greatest strengths. It was relatively promotional in August but strong, strong into the first couple of weeks of this quarter. And so, we're taking a measured approach to the second half. So when we look at our overall inventory, we think that there's about 10% of the inventory that we're focused on in terms of trying to drive more accelerated liquidation. She was married to Mark Wallace, a former US Ambassador for 14 years. At the same time, we are closely monitoring an operating environment that continues to be disruptive. The Motley Fool has positions in and recommends Nike. However, our brand and business momentum gives us increasing confidence that NIKE's unique value proposition will fuel long-term growth in Greater China. We would like to show you a description here but the site wont allow us. The Motley Fool has a disclosure policy. This article is a transcript of this conference call produced for The Motley Fool. To date, we continue to see strong consumer demand for our portfolio of brands across our geographies. These include celiac disease, lactose intolerance, ulcerative colitis, Crohns disease, chronic pancreatitis and cystic fibrosis. Solutions not Working?. Thanks, Brian, for the question. free house of fun free coins bonus collector, razor edge pitbull puppies for sale craigslist, how you mad she choosing me lil baby lyrics, cvs health advanced bluetooth glucose meter app, contract phlebotomy jobs near Mildura VIC, part time jobs in singapore for international students, fort stewart abandoned vehicle auction 2022, rub stomach clockwise or counterclockwise, i requested to follow someone on instagram but it disappeared, life and works of rizal chapter 1 to 5 summary pdf, perspective taking iep goals and objectives, severus breaks hermione39s heart fanfiction, After more than a decade of marital relationship, Wallace has now moved on. This is true across the three areas I'd like to walk through today, our brand that deeply connects with consumers fueled by authenticity and sport, our culture of innovation that drives a continuous pipeline of new products, and our competitive advantage across the marketplace as one of the few brands that can connect with and serve consumers at scale. And then the second question I have. This new 135-acre business campus defines what state-of-the-art industrial development is all about. Good evening. This will truly be one of the greatest 18 months in footfall history, and NIKE will be there in full force. Yuck. Driven by volatility in transit times in North America, strategic decisions to buy inventory for future seasons earlier and lower inventory levels due to last year's factory closures in Vietnam and Indonesia. Needham Ranch is unmatched in commute, clear height, community, and cost-effectiveness. Is there something you can point us to, to maybe help us understand better or help us frame better the underlying demand -- the underlying healthy demand in that market? In other words, we will incur it this year in order to be able to move that inventory through. So is there something more quantitative that we can see that really help us understand the underlying demand? Our effective tax rate for the quarter was 19.7% compared to 11% for the same period last year, primarily due to decreased benefits from stock-based compensation. For us, the decisions we take and the commitments we make to inventory end up mattering most in the context of the way that we look at the Forward plan. I might just add, Matt, that when we look at our performance in Q1 and then to date in September, we're seeing double-digit growth in retail sales. In September, month-to-date retail sales are up double digits versus the prior year, following a strong back-to-school season. BOUNCE Inc South Africa can be found in Central Square Menlyn Maine, Fourways Mall and Cornubia Mall.BOUNCE Cornubia Mall is a huge indoor trampoline park in the new Cornubia. NIH In addition, we have now transitioned our businesses in Argentina, Chile and Uruguay to a distributor model. The buildings design offers modern spaces for all types of businesses. Your next question comes from Brian Nagel with Oppenheimer. And speaking, we can't wait, we're very excited for the Men's World Cup later this year and the Women's World Cup next summer. But we will -- we are focused on ensuring that the holiday product at the starting season that's arriving on time is going to be set in the marketplace in our strategic partners so that we can put our best foot forward with the consumer. Some experts believe that floating, Answer (1 of 2): Hey! In a dynamic retail environment, our global traffic is up, thanks in part to the unique NIKE experiences we offer across our assortment of retail concepts. emerson healthcare natralia happy little bodies sambucol liquid iv ener-g foods inc ener-g foods enjoy life natural brands llc enjoy life epicurean butter co inc epicurean butter equal exchange equal exchange euro usa trading co inc jovial bionaturae evamor products inc evamor ever better eating co american flatbread The bottom line. We now expect SG&A to increase high single digits as we prioritize investment in new transformational capabilities to serve consumers directly and at scale, partially offset by tighter expense control and limited headcount growth across the business. We're very excited about Pegasus, Invincible, Infinity, the entire, what we call the Must-Win 6. So we continue to be confident in the five-year macro outlook that -- and guardrails Matt put out there. And given the macro uncertainty that's out there for the consumer, we're taking a more measured approach and we're tightening our inventory buys around the world based on some of the risks that could materialize in the second half. Its first complete building is a stunning 57,000 square feet Gensler-designed creative building and it's ready to be contoured to your needs. And how will you balance this pipeline looking forward of newness and technical innovation while, at the same time, taking the aggressive inventory actions that you've outlined? Best Cities Check out the Thunderhead Creations Blaze Solo RDA Glass Cap, a perfect replacement glass top cap for the Blaze Solo RDA, allowing for build deck I thought it might have been some strange watery vaginal discharge but I dont remember feeling anything come out of my vagina.. Touch the bottle. Play this compelling video to watch Chris Martin, Chairman & CEO of A.C. Martin Partners, describe the design, construction and status of the skyline-defining project that is Wilshire Grand. Healthy. What I would basically tell you is this. And so, they're responding to our strong flow of global innovative product. 1 cool and No. Director of Development, Greenland USA, Westside Hotel Development and One Beverly Hills, Keynote Discussion by Carol Schatz, Pres & CEO of DCBID at RENTV's April 2016 Downtown LA State of the Market Conference, Presentation by Chris Martin about Wilshire Grand at RENTV's 4.14.16 Downtown LA State of the Market Conference, Mayor Sam Liccardo Keynote at RENTV San Jose/Silicon Valley Conference, Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey: California Market Booming Again, The Columbia Square Project in Hollywood, CA, The Developments at Playa Vista as of October 2014, One Santa Fe & the Arts District of Downtown LA, RENTV Oakland State of the Market Conf James Kilpatrick Keynote Opening. And that strength has been true across channels, so in our own channels but across the wholesale channel as well.

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