NIKE's (NKE) CEO Mark Parker on Q4 2017 Results - Earnings Call Transcript

Jun. 30, 2017 1:31 AM ETNIKE, Inc. (NKE)
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NIKE, Inc. (NYSE:NKE) Q4 2017 Earnings Conference Call June 29, 2017 5:00 PM ET


Nitesh Sharan - Vice President, Investor Relations and Treasurer

Mark Parker - Chairman, President and CEO

Trevor Edwards - President, NIKE Brand

Andy Campion - Chief Financial Officer


Corrina Van Der Ghinst - Citi

Omar Saad - Evercore ISI

Bob Drbul - Guggenheim

Jim Duffy - Stifel

Matthew McClintock - Barclays


Good afternoon, everyone. Welcome to NIKE, Inc.’s Fiscal 2017 Fourth Quarter Conference Call. For those who need your reference today’s press release, you’ll find it at Leading today’s call is Nitesh Sharan, Vice President, Investor Relations and Treasurer.

Before I turn the call over to Mr. Sharan, let me remind you that participants on this call will make forward-looking statements based on current expectations and those statements are subject to certain risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties are detailed in the reports filed with the SEC, including the Annual Report filed on Form 10-K.

Some forward-looking statements may concern future orders, expectations of revenue -- future revenue growth or gross margin. Following the conference call, our futures order schedule will be posted on the NIKE Investor Relations website.

Finally, participants may discuss non-GAAP financial measures, including references to wholesale equivalent sales and constant dollar revenue. References to wholesale equivalent sales are only intended to provide context as to the overall current market footprint of the brands owned by NIKE, Inc. and should not be relied upon as a financial measure of actual results.

Similarly, references to constant dollar revenue are intended to provide context as to the performance of the business eliminating foreign exchange fluctuations. Participants may also make references to other non-public financial and statistical information and non-GAAP financial measures. To the extent non-public

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