NIKE, Inc. (NYSE:NKE) Q2 2025 Earnings Conference Call December 19, 2024 5:00 PM ET

Company Participants

Paul Trussell - Vice President of Corporate Finance and Treasurer
Elliott Hill - President and CEO
Matt Friend - CFO

Conference Call Participants

Bob Drbul - Guggenheim
Michael Binetti - Evercore
Bank of America - Lorraine Hutchinson
Adrienne Yih - Barclays
Jay Sole - UBS
Matthew Boss - JP Morgan
Jon Komp - Baird
Brooke Roach - Goldman Sachs
Ike Boruchow - Wells Fargo

Operator

Good afternoon, everyone. Welcome to NIKE, Inc.'s Fiscal 2025 Second 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 Corporate Finance and Treasurer.

Now, I would like to turn the call over to Paul Trussell. Please go ahead, sir.

Paul Trussell

Thank you, operator. Hello, everyone, and thank you for joining us today to discuss NIKE, Inc.'s fiscal 2025 second quarter results. Joining us on today's call will be NIKE, Inc. President and CEO, Elliott Hill and our CFO, Matt Friend.

Before we begin, 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 NIKE's reports filed with the SEC. In addition, participants may discuss non GAAP financial measures and non-public financial and statistical information. Please refer to NIKE's earnings press release or NIKE's website investors.nike.com for comparable GAAP measures and quantitative reconciliations.

All growth comparisons on the call today are presented on a year-over-year basis and are currency-neutral, unless otherwise noted. We will start with prepared remarks and then open up for questions. We would like to allow as many of you to ask questions as possible in our allotted time, so we would appreciate you limiting your initial question to one. Thanks for your cooperation on this.

I'll now turn the call over to NIKE, Inc. President and CEO, Elliot Hill.

Elliott Hill

Thank you, Paul. Hello everyone and happy holidays. In my first call, I want to start by saying how energized I am to be back at NIKE, working alongside my teammates. I look forward to the journey that lies ahead for all of us. When I retired in 2020 after 32 years, I continued to stay in touch with many of my teammates and cheered them on from the sidelines. Why? Because I have an irrational love for this company. I know NIKE inside and out, take pride in what the brand stands for and want to see the company succeed. And in a moment where our team, brand and business are being challenged, my singular focus is to help get us back on track to get back to winning.