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Final Trading Day of 1H, Markets Jump on Inflation Data, Apple Hits $3T Valuation 6/30/23

Squawk on the Street

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Nike's Freight Costs Turned Into Tailwinds

S-G&A up eight in a year where other companies are doing years of efficiency. The Bears will say that Nike's not cheap and they're still dealing with some sort of financial issues, even if the brand is in line. John Donahoe on the call, as he always is, was so bullish on China. We came in talking a lot about China, but it was all right,. Maybe the buy side had expected a little bit better.

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