NIKE, Inc. (NKE) Q1 2023 Earnings Call Transcript

Sep. 29, 2022 9:13 PM ETNIKE, Inc. (NKE)1 Comment
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NIKE, Inc. (NYSE:NKE) Q1 2023 Earnings Conference Call September 29, 2022 5:00 PM ET

Company Participants

Paul Trussell - VP, IR and Strategic Finance

John Donahoe - President and CEO

Matthew Friend - CFO

Conference Call Participants

Robert Drbul - Guggenheim

Matthew Boss - JPMorgan

Paul Lejuez - Citi

Alex Straton - Morgan Stanley

Brian Nagel - Oppenheimer

Michael Binetti - Credit Suisse

Operator

Good afternoon, everyone. Welcome to NIKE, Inc.'s Fiscal 2023 First Quarter Conference Call. For those who want to reference today's press release, you'll find it at investors.nike.com. Leading today's call is Paul Trussell, Vice President of Investor Relations and Strategic Finance.

Before I turn the call over to Mr. Trussell, 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 expectations of future revenue growth or gross margin.

In addition, participants may discuss non-GAAP financial measures, including references to constant dollar revenue. 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 reference to other nonpublic financial and statistical information and non-GAAP financial measures. 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.

Now I would like to turn the call over to Paul Trussell.

Paul Trussell

Thank you, operator. Hello, everyone, and thank you for joining us today to discuss NIKE, Inc.'s fiscal 2023 first quarter results. As the operator indicated, participants on today's call may discuss non-GAAP financial

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