and John, to the call. everyone Thanks, hello on
our the the safety health, foundation Before is and we're to for wellbeing first the I priority our speak now world teammates our the people. all and right around decisions of our is foremost making. business Ensuring of business,
the never We And team. NIKE, display. message been teammates creativity [ph] I a empathy win has on you we resilience, can have that tell a as strength, of and in greater our
Our been advantage. NIKE’s always team has greatest
have forward. over a closely on transition. together this note, and working I me and partner teammates, I he to NIKE Friend, going that role seamlessly thought congratulate years to my new time, been On worked great joined He's Matt one since XX want together of Matt ago. through his we're that
at my not into management role I be move NIKE, with CFO. confident could our financial I as As Matt in more new NIKE’s
ahead, look we So, three and key close QX see themes. as we
our of delivered leadership business growth licensed roughly we world. growth in rate to for of strong Greater strong NIKE another revenue by the stronger QX, items have higher impact mid-single-digit including to XX% sale to enter America, overall, led reported both COVID-XX. In these ever, double-digit momentum also revenue the X% as relative NIKE’s was our brand to First, EMEA challenging been pace deliver APLA. if been Hurley than China we North shift model and the and around circumstances, on unrivaled in quarter growth currency-neutral and points would non-comparable revenue with of And X not growth a business prior NFL. have and of Fanatics the
they had for a comparisons, on revenue result impact While profitability those negative transactions our year-over-year higher growth NIKE. in also
geographies Across XX% channel, our digital a all on remained of basis. fastest growing our growing and Converse, currency-neutral [ph]
digital In our and growth fact in quarter. revenue Converse of exceeded XX% each geographies the
the XXX, fueled broad-based categories platforms was and as women's across also X men's, innovation X. franchises Air Jordan power and by as growth as all Air well such the Max Our across Air and Force the
product history powered minutes, Our the app. out largest launch SNKRS BRED our selling the XX the by with of the Jordan was in Air XX in
the globally double the fact, digits Jordan brand quarter. in In grew
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React We the also help we've longer. seen new women. launched particularly a run with sell-through, to designed runners very And strong Infinity
categories. kids’ fueled double-digit women's also faster in with sportswear growing than growth our in and training, basketball, Apparel, footwear apparel growth quarter, the
deliver America, able related provided NIKE, Setting implied days on the financial bottom-line the earnings of China. even aside business were in model, impact that strong Greater Inc.’s were to we non-cash the guidance in our performance ago. XX that changes to COVID-XX non-recurring charges exceeded We the South including earnings
the as of evolving key implications second to how theme ahead relates we're COVID-XX. we addressing look The
an capital said, ramp-up for which a and of by playbook, time period, and in begins a across a example from John our to demand an including supply; executing a are we two, period period the return to NIKE business return markets focused the addressing of consumer on growth. on each growth. of operational three, for strong positioning we followed expedited see outbreak, three perspective: As series profitable, recovery One, efficient a the country normalization store re-openings; with We that COVID-XX through progressing phases
in are we rest confident us world. Based given today, progressed John has our China approach? is team a most the phase. their we phase and of the As Greater Greater in see transitioning so recovery the the playbook NIKE Why said, recent for normalization our upon China already has trends through into now
Digital latest Based mortar open. growth our QX revenue China are accelerating X,XXX business, ‘XX. At brick and owned the triple-digit be Greater will seeing are on flat partner year we NIKE the Specifically, QX our time, approaching same roughly trends in NIKE now and stores fiscal strong roughly double-digit, of NIKE of versus likely XX% business. in our
are significant NIKE. We're and digital also the Japan Korea retail playbook fueled strong on normalization China, what week-over-week experiencing by in on for we in traffic phase, in optimistic. Based Both markets Japan, executing and Korea. are this and demand we're and entering growth increases
same a country progress time, our adds is different That some three this differently. will timelines. from addressing the markets the complexity a has through pandemic. point-of-view. phases a business accordingly, become perspective global At Each global from And COVID-XX on
enterprise-wide operational we're So, executing against plan. a also top-down
Our store on focus QX global respect demand Accordingly, to cost QX distribution supply optimization. SG&A the spending. of shifting two, retail temporary lower will prior includes, closures. while be in face tight with digital We're global basis, and top-down management; taking to plan year and also our a decisive daily one, supply than action our
As fiscal revenue, intuitive and 'XX 'XX linear. a neither be result, margin inventory year will rates nor growth year-over-year year fiscal and QX
of the traffic amount patterns. relative the Our demand, measures store on be to of near-term of digital will the and pace inventory success rooted re-openings in in hand
pull some market were into of experienced. globally fortunately Now, this, strong full the highest price of NIKE ever very for with going sell-through we've experiencing rates we a
to So, and strong Realigning all is we're levers now supply we to expedite that pull ensure aggressively managing operationally. return demand focus operating NIKE’s market. our of that our
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have Second, partnerships chain in across value in our Europe. Foot U.S. others marketplace Zalando, That Locker, Topsports, we the forged strongest partners like among the as as China, the includes this and Pou and Sheng DICK's JD industry. well and across Tmall
we that many Changshin span others. Feng Zhou, longstanding manufacturers Tay, as Shen course, such also partnerships Of have and with decades
We're closely partners of on with working all daily these a basis. strategic
stronger the that NIKE recognize partners forward, is Our the are. they stronger going
is our course, we isolation. and Of to NIKE continue to dynamic, continue in not factors execution operating be accordingly. will External will adjust
forward. The third key as we look theme
Sport than redefined real consumer us connected finds both, time. And the back a brand a is shop ways significant the perspective is normals competition, real keeping terms be and healthy world to as as and in and and fit. behaviors stay NIKE’s all, stronger business company. much even will all will stay as new how creative emerge Consumer as We're time. from new a digital for ecosystem of Nike setbacks While come broader witnessing active. change being in
is NIKE be strength for emerge. they and to-date perspective, we've perspective, resilience amidst Digital the be to amidst we will foundation From digital challenge, a marketplace as accelerating our now dynamics. made proving growth these a From are investments capability
leveraging be and enable dynamically also leveraging ecosystem to and demand, planning and platform to NIKE app For inspire and consumers. providing allocation. select services mobile model to offers to example, at NIKE targeted while people We're active we're membership our home pricing, tools and teams product
And is execution. we’ve and agile the foundation end-to-end analytics built more enterprise in our data fueling
proving the of digital already are been to today. we've our the the we're capabilities As be transformation, but NIKE’s earnings pillars building the still we said, within strongest for in future business early
that in which than NIKE simply said, are ever. and will back get these strong put, stronger, John come times brands we're As stronger confident
turn results performance. quarter Now, third let's operating our details to segment the of financial and
prior of Inc. balanced NIKE NIKE, QX currency-neutral a growing Digital grew EMEA, reflecting strong the COVID-XX, America prior across North on growth revenue year. X%, APLA, impact to China and X% XX% Greater by all basis, fueled up versus
we average North FX in by higher points negatively declined managed by XX Gross as prices in of incremental America. sell-through also by price market. margin better impacted was primarily were margin and headwinds and basis margin offset the COVID-XX, Greater in QX in off Gross as impact that tariffs inventory selling China
grew SG&A in X% QX.
invest our overhead operating to more We and creation. continued manage demand in transformation, digital also to while beginning shift tightly
compared taxed Our shift effective last proportion year, in quarter the benefits same increased to the to the U.S., X.X% for was discrete tax in for from a rate of the items. XX.X% due and period earnings
diluted quarter strategic nonrecurring Brazil, Uruguay $X.XX, EPS Third noncash Argentina, charge and Chile of distributor associated with models. FX-related including was $X.XX to the the transition
mix XXth, healthy, As the compared versus inventories full-price impact to prior period, up of prior off-price COVID-XX. February were of X% to the reflecting
regarding let's to Hurley X would sale grew reported America, with North the reported that, revenue basis, operating higher, again currency-neutral turn segments. our approximately on In Fanatics and which X% the NFL With adjusting QX partnership and of business. for been points have a our
XX% XX% North in grew over the and Digital NIKE grew QX, In America. NIKE over app
by each digits, New York City double experiences. differentiated NIKE and consumer grew LA fueled
over-indexed an NIKE of in store launched newest example, concept we in past As which terms Live significantly expectations our LA, business. the our in and blew women's Glendale,
of America. as today, Now, stores in our owned North we've closed
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double-digit momentum. basis men's, on outpaced a in revenue XX% has in strongly apparel never growth stronger rated every up footwear, key on in most one digital faster where turn NIKE accelerated city our and The In Now, EMEA, EMEA extraordinary QX, brand been cool brand. than XX%. growth EMEA brand categories. let's favorite with In EMEA. Women's continue currency-neutral was NIKE we to to over key grew build a and their number in consumers
market across in and further QX brand apparel, driving share both, significant gained footwear separation. also We
speed Greater and through of also XX% and flowing in gains fueled Lane. incremental our agility share growth over EMEA with of and XX% our Express QX EMEA EMEA revenue nearly growth in
the of Europe reopen order help owned stores markets. similar a COVID-XX, In based Western to limit spread will developments. we And location-by-location have also in the Eastern closed we select on to European U.S., our and on basis,
shifting NIKE focus Digital in maintaining versus grow distribution. year and to distribution again, we're operations digital continues centers, our towards prior their
our categories, fueled Jordan key was all innovation up brand particular on The Jordan nearly balanced with cities quarter all new geography, with our In were in key with currency-neutral Growth like by was approaches XX% strong revenue a XX% Icon, grew of along XXX was fresh APLA, which basis. and in the incredibly across APLA Max resonating digits. to the double nearly growing in new Jordan consumers.
in impacting Japan other Japan QX. accelerating as and effect performance in Fly which is the Vaporfly record well models by dominated that momentum wearing we've halo XX% the Rival energy Zoom Ekiden around our triple all fueled a Fly, of The is performance In digits Peg grew like participants competitive as NEXT% Turbo, NIKE. especially a race, Hakone running, continued, seeing in where being running
our digits and as overall on X a double currency-neutral NIKE wholesale undifferentiated grew business times XX% strategic grew partners fast as distribution. basis, differentiated grew Digital with as
said, most APLA geography. we is As our diverse
significantly American So, Latin Asian we're seeing the of and very impact across countries. COVID-XX
greater let's to China. that, turn With
impacted providing some dimension. quarter is worth by full were results it in While Greater significantly our China COVID-XX,
Our momentum China mid-January. extraordinary through continued in to be
to ago, was app launched track have already Nike and enable the Our we inspire China John in by in growth users NIKE revenue at NIKE also as million We in QX XX expectations activity Digital. and seeing engage app we're fueled in average we today on that apps days X exceed our on the sport And we weekly consumers a downloads. to home. set as said, spike
recovery commerce week-over-week, of in stores last experienced. We're a now, levels retail inventory open, peak week. digital and growth I continues traffic decline partner we're normalization the accelerate is and significantly through our into beginning as to in Today, this demand the period from our said, with see accelerating growth our Most the and we triple-digit to phase stores just are China.
Greater is We track fiscal that to NIKE confident China to are on year return growth in 'XX.
look we not financial spread will we COVID-XX. be resulting guidance of uncertainty the due As providing to ahead, the from QX, for
model. performance long-term For growth 'XX, year we in longer been no planning line have base meaningful. our fiscal with be year-over-year financial The rate will comparisons
the fiscal we're that taking call. So, we'll 'XX share our approach earnings on respect to next with year
is each country COVID-XX said, NIKE But, growth. our confidence normalization are over operational as early Korea that that and the addresses of we Japan. All we China, confident a That will at in of recovery to our and are relatively founded happen return efficient executing plan capital time, profitable will pace. already position seeing different rapid in the growth on for signs to return
showing challenging extraordinary as times, up In competitive are advantages NIKE’s resilience. these
our our world. and position the up partnerships, consumers, include strong strengths and importantly, and not we NIKE’s challenges, strength advantages authentic innovative teams same these deep, Those would unique as with or show capabilities, team our and competitive from talented distinction. NIKE’s around those products, emerge our will As committed I pipeline connection anybody. financial brand capacity, to our industry-leading of most digital strength trade
the now questions. we'll call With for up open that,
