NIKE, Inc. (NYSE:NKE) Q2 2024 Earnings Call Transcript

We’ve decided to take a more prudent approach to our margin guidance for the balance of the year given some of the uncertainties that are out there. So, you know, when we look to the balance of this year, we’re encouraged by the second half expansion being higher than the first half expansion. And one of the other things that we’re starting to get visibility into when we look at our margins in the fourth quarter is product costs — product input costs are starting to flip to a tailwind. And so when we think about the long-term margin goals that we have, the teams are executing well and we continue to be encouraged with what we’re seeing through this year.

Operator: Thank you, everyone. This concludes today’s conference call. Thank you for your participation and you may now disconnect.