Breaking Down Nike's First-Quarter Earnings Beat

The video discusses Nike's recent quarterly performance, highlighting a significant expansion in gross margin, which exceeded expectations. This was achieved through higher average selling prices and strong direct sales. Despite US-China trade tensions, Nike's market remains strong, with a notable presence in China and Vietnam. Currency effects posed a challenge, but Nike's global business is adept at navigating such issues.

What percentage of Nike's global goods are manufactured in China?

How did currency effects influence Nike's revenue performance?