
The Rally 6/30/23
Halftime Report
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Nike's First Earnings Missing Some Three Years
Stephanie Link: I think the quarter Scott was there was something for the bulls and something for the bears, right? So on the bullish side, total revenue beat expectations and grew 8% on a constant currency basis led by China up 25%. And that versus 1% last quarter in China. North America was up 5, a Mia up 7 and direct up 18. Inventory is also payment better than expected at last versus up 16% last quarter.
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