Thank holidays, you, and Mark, happy everyone.
exceptionally revenue EPS of year. expansion, Our XX all across growth, QX currency XX% financial performance points prior was gross versus basis neutral dimensions. strong nearly XX% growth margin
XX XX over across fueled most XX strong to expect around happening on four of example. broad-based was in not are growth drive theme Speed years. we XX Take matters being the platforms categories. consumers X is we cities geographies, momentum key our across over Direct but to This footwear, innovation also specifically, for incremental of key to all More by most said women's the our rather of growth Consumer XX common Offense. Innovation, new life The our We've focus is next Our the countries globally. XX% and world. triple-double innovation, by Direct what bringing and our portfolio the apparel, our broad-based and accident, as men's, as well across is
ZoomX driven In Max VaporMax, our and over fact, innovation have year-to-date, including platforms, XXX, Air XX% of incremental growth. new React
driving for from iconic like Mark Express amplify, significant as product to new Force contributor women, men updates our Lane. Air do that, franchises growth By fresh and for the perspective Franchises. Power through Another a material example, dimension X. well to editing color X collaborations and and an the our designs as of approach Jordan we're that are Air and growth bringing and We new leveraging our calls through the both
Our NIKE broad-based growth that experiences is consumers directly connect our new to also being globally. by more fueled
years, NIKE We our Direct expect physical once next over leading again NIKE will contribute outpace way of digital incremental QX Digital. the retail and NIKE and growth undifferentiated in over partnered XX% experiences with and the X
we with faster Our engagement ecosystem organic, neutral grow NIKE XX% mobile commerce drive more a our Digital as all now than to other on continues growing represents digital currency XX% channels, basis. of revenue. over well consumers, deeper, And one-to-one
into also closer with us initiative infusing Speed supply nothing proposition, momentum. to to XX in market agility time. our or driving real our what's chain is an already is processes, we're and time the not product Our speed creation greater Cutting half to consumer allowing amplify all our and working
power margins. digits updated as price, from strong our represents delivered pleased we These the For to materials automation performance focused importantly, productivity impacting our are includes initiatives labor reduce a at business. and execution enhance we total sells ranging going through example, more and a now date. double-digit and XX also product full Express forward. is Express we strategic Lane That and also inventory Lane material through to our In leveraging is and This are fulfilled the and of product the double have in with product growth greater sustainability favorably confident our initiatives short, waste. Speed efficiency, of more very growing significant percentage cost largely said, less also staging.
to neutral now in intensified, currency beginning continued FX planned. headwinds we're into as growth 'XX, insight greater than While fiscal And strong fiscal we previously 'XX we're demand. year year revenue gain have seeing expect stronger
but is optimism, operate merely at changes how change not founded on in is innovation we to is fundamental rather One fundamental NIKE. market. bring how outlook positive Our we
extends innovation 'XX transforming long-term. spring extraordinary begins and year launch the across and focused also innovation driving to and potential Max balance the to to platforms HyperAdapt beyond faster pipeline detailed, innovation We're That opportunities over Accordingly, industry, as have NIKE fiscal the we've that Air 'XX. and the 'XX year for in disruption early in Basketball, throughout fiscal greater driving the XXX in addition in our digitally fiscal and unlocking an scale through come cycles, of also launching new of platforms year on we're and of In Olympics. geographies. growth positive Mark innovation with Tokyo
While we in have we're this already transformation. extraordinary momentum, early digital the still stages of
year building executing against acquisition. X map consumers will to new capabilities those continually aggressively enable in-house capabilities better. and are those We digital of capabilities We're through a road serve that us accelerating our of development
Our X the countries, year expansion see digital road in global the cities for our key we growth. of map opportunity also includes ecosystem the where and greatest
number For rated we where example, App NIKE launched just in immediately the last Japan, app. the became it shopping month, one
the grows. the the overall financial measures including training apparel to even lifestyle, By we be will NIKE Investor grows, larger the longer see areas play. the segment in for comprise look And we our participation to X That already Day, women's. in sights apparel athletic already creating XX% see the competition to markets, longer XXXX of approach We overall culture second, of business on said, international in U.S. accelerate even phenomenon. But aggregate the industries and thinking There footwear next years, XX% our of sport and international, back China markets the in to Frankly, model more The Consumer is apparel this been are in expand perhaps broader movement today. but at and our current significantly October lens changing as active that is markets. more opportunities than and we're our our outsized apparel. said has where we to less is grow to in and as are that digital compared this footwear and four enable international the the penetrated and continue purpose-driven Over using Offense would inspire and opportunity growth digital, this at term. higher Direct roughly market and of as market are business of Sport historically fast. and footwear for success us, well bigger athletic XXXX. inclusive, owned of than definition partnered, Day term. already we our in the delivering example U.S., when communicated setting sport, by we as And best Investor we international
other digital the well at penetration. terms projected in that industries. Our Many industries be digital penetration new XX% already products consumer to over those lagged industry are consumer-centric digital We by of disruptive digital has to catalyzed all XX% have digital many industries shift and know in experiences XXXX.
So digital. we digital, digital We our this lead with are growth majority as long disruption aperture being disrupting increasingly see on milepost innovate a term. widens we just the penetration industry. and our business intentionally for path see positive as that now as We XX% the to our of
revenue in a sportswear in for fast. lifestyle. That And apparel percentage of definition by smaller seeing the and also from we a larger Consumers increasingly as we of sport, and innovation, sharp expand we and investment basis. is Similar Inc. But larger long reflect NIKE currency potential was exceptional XX% growth XX%, women. the that NIKE America. more our doubled strong see on returns returns QX reflects double current asymmetrical before strong with for single-digit internationally having potential focus have her. the as and to by a on let's are current currency represents neutral than men's. more momentum more our up apparel extraordinary we And drivers than growth time, to strong for for as Digital a this business have occasions within footwear aggregate geography and channel at XX% and basis, than double-digit aim apparel growth opportunity accounts women's days headwinds in more is serves fastest more more revenue. on anticipated of North and said, reported we apparel expressive growth Yet larger resources term. change total momentum growth outlook, see our And points occasions we deeply our had markets with classifications journey, redefine growth growing The the growth neutral we're business. That on a it better share at today, currency in is are QX, led within already on short, increased the three Third, than globally. and our overall each Apparel the high changing This aggressively less for athletic in market on opportunities serving of NIKE. in mobile. dynamic is digits accounts athletic neutral XX momentum. overall same the women's across footwear apparel grew revenue footwear. choosing extraordinary step quarter a active ago. slightly we our performance finally, I their specifics by NIKE's again, impact women regarding are roughly for women's women's ahead editing shifting another but FX towards In
through and reflecting increasingly NIKE strong being Operating margin grew platforms. of delivered mix fuel in also Inc., focus long-term digital that and growth overhead investments gross X% XX strategic points are will growth. on NIKE's XX%, connecting creation basis expansion with Demand the full by our digital and sales. experiences with transformation across consumers quarter increased accelerating Direct's We higher fueled price NIKE a of
tax effective for was the XX%. Our quarter rate
versus Second NIKE all a across reflecting prior a earnings share mix inventories XX% pull up X%, lower quarter were per And of as of XX, and $X.XX, just were geographies. for diluted healthy market closeout up November year.
and financial up revenue high North on grew North reported the in single segments. for X% a well to NIKE neutral XX% grew reported In turn let's basis. Direct NIKE performance Digital digits with QX currency over our America, operating America. Now
NIKE In storytelling are of product data-driven, retail on reality. store next Live the to our we're we one-to-one now concept a As with Mark store the connections between and into Melrose, turning vision of for flow the the consumers. aligning local bi-weekly our mentioned, generation and digital team
results a As Innovation store engagement impressive we're member acquisition, buying. York. strong early even result, New in is our And the digital driving at and House of new more seeing
our over such growth NIKE and sport We across strong of America brand through campaign with North in the digitally both overall in tee growth business our and XX% moments through In aggregate was expect America. running, in amplifying increasingly growth prior partners, It the currency-neutral we While and across is continuing Foot Just strong and revenue all still see strong EMEA, of a early the the NIKE season. product fuel and retail profitability, that improving Jordan, by Locker year. has North on the do our to that reignited in brand Jordan. to by continue, going September by as led returned and we to XX% marketplace in America pipeline sportswear, QX, marketplace wholesale launch basis, consolidation, our Digital NBA launched versus consumer key heat In retail NIKE Do of in experiences like JD. dimensions North grew growing like strategic training also driven QX innovative led strong
We have growing this extraordinary in geography taking as market. share the we're momentum significant we're and
wide are profitability range and record We in geopolitical the amidst long macroeconomic Europe. of track a have growth of That of we delivering dynamics mindful circumstances. said, a
we ahead, and favorite brand, number number globally. one us EMEA, continue our directly consumers As momentum Europe. cities locally city key strengthened of consumers all seeing rate with the as we're one key expect in the cool QX. impact fact, and five and We're In more in focus in through further and our those we deeply to look even in ratings connecting our
the with while in authentically connected product partnership, we through example, launch PSG-Jordan Paris, consumers For at out around the sold the world.
past consumers new NIKE and of member our Paris, in London, significant removing services up the acquisition from NIKE cities. introduced high sneaker's store. to friction pick and App at shoes global launches two are in as shopping experience, experience Those heat key driving recently the allowing Retail Town also personalizing the and as We in well reserve
again Next, on to with In QX. growth in China, XX%. marks we double-digit where QX, let's yet, currency-neutral basis in delivered Greater accelerated revenue China. turn to a the revenue growth growing XXth consecutive growth double-digit of quarter digital over XX% This
the early was the strength sneakers in leverage NIKE-branded House in digital digital this largely sneakers but more year, last in days, community to we with our the Shanghai, it's of sneakers the America. also In have of NIKE our As launched of Brand, well in results still as of evidence China, physical market, of fully It's this QX, the the nature began extraordinary. recall scale and that just environment. retail the as same opening Innovation app North community already app important as size and been
seen been in have relations, has consumer China. U.S., not China there regarding While we with uncertainty business. NIKE of continues late on our any impact to the win
connected schools city with sports Beijing. on through consumer greater participation fuel athletes Ministry partnering of teams decades, For the deeply by China's and our Shanghai China, been brand key with country. China. Through in here and federations, of NIKE focus the a to with partnerships has sport over three and Sport across We've for
fact, Marathon, Kipchoge campaign watched first up other And of the and XX launched we tour than just Shanghai-focused just Shanghai cities. campaign. XX a the last Just In Shanghai then we Do hours, key Day, more In million Eliud Marathon on to times. on took the a month, was It leading
continue with In about bullish in delivering this NIKE is in and to APLA, our double-digit basis growth and double-digit sportswear as grew Digital important as XX%. revenue growing APLA Jordan on balanced strong, over basketball. revenue across profitable apparel, with are a also growth QX geography. in We accelerating very potential sustainable well footwear currency-neutral NIKE XX% growth and
are that connectivity Flipkart commerce which testing concepts through at We in experience consumers to the across region a also ZOZOTOWN, consumer continue new digital digital our APLA as such others. enhance is expand partnerships, we entrepreneurial, to retail. extremely market to leverage this and
we we'll connected last we experience a NIKE be in in strategy. inventory As mentioned QX. our are testing in call, And opening our Tokyo Seoul, on Live
stock by sharp the growth finally have growth And pilot inventory strategic at including results, increased branded digital a otherwise been in X% of of inventory acceleration consumers Asia a connected being across was neutral globally, would have of and revenue own owned basis demand This very our Growth has doors, out on in NIKE doors yielded Converse, particular double-digit strong in due XX in by serving driven currency whose We digits. partners. a product promising early QX. connected store. thousands approaching triple to two unmet
accelerated gross While revenue see that is to launching platform. are is they in Converse as and also for macro uncertainty digital increasing We the diverse strong the our with reflects expanding portfolio, consistently full U.S. let's portfolio. remain currency-neutral we a focused and certain matters demand investment. by including opportunity stronger those a of fiscal in challenged on turn our consumers outlook. consumer across Converse product level. are sustainable is year new significant Digital late for markets. U.K. well and direct the QX, globally as grow within in growth wholesale our responding volatility 'XX margin There That what Basketball to And to is that, is strong That global said, accelerated what execution with NIKE's stronger guidance expansion and strategic on growth, because NIKE. broad-based offense driving of Accordingly, most year and
exchange at to revenue reported single-digit words, the high the digits. low revenue X For other neutral points expect year we full growth of be currency single-digit currency rates, than current In now we end neutral year, range, growth. low foreign the expect approaching double range. lower Based our potentially over be high revenue growth full in to the on
For improved. gross has our also margin, outlook
to in basis margin expansion We year the half expansion margin expect delivered gross roughly gross year XX that first be our over with we fiscal 'XX. of full points line the of
continue digits full our expense, long-term invest in $XX NIKE net and tax for million the to result new rate. finalization project growth. may in $XX capabilities other rate impact million the adjustments effective expense, the digital discrete be to be single the for we SG&A our of year. year to and in year mid-teens grow as expect in And tax will said, reform interest the 'XX. continue That that U.S. We fuel our expect that fiscal to to We we full differentiate tax for high of between regulations-related
is course QX growth long 'XX of In will considering sustaining than we the fiscal While expect FX our X Based bit revenue points lower QX, within our context high of real dollar year macro profitable and neutral a focus currency growth I environment. in our current dynamics, provide on term, over will the the on revenue single-digit range. neutral roughly on strong likely be growth currency squarely QX. the growth revenue reported for
expansion margin, expect gross with For full year QX guidance. to roughly line in be our we
between for range and we And as investment. XX% SG&A, low we in in our effective rate be QX the finally, XX%. QX continue we tax expect As in double-digit to growth expect strategic prioritize to
are Direct we stages. the the performance. in driving Yet, of Offense execution Our is still strong Consumer consistently early
transform also we long insight shareholders building that, NIKE's As the With extraordinary growth to we're we'll execute, gaining to we're value sustainable not current continue into momentum, drive potential now the your for open for call greater create industry, only up questions. and term.