Nike Expects Fiscal 2022 Revenue To Grow In Low-Single Digits

Nike Inc :Nike Inc Cfo - Continue To See Retail Sales Growth, Consumer Demand Exceeding Supply With Inventory Down Double Digits Versus Prior Year - Conf Call.Nike Inc Cfo - On China, Says Business Was Impacted In April, Adjusted Operations By Suspending Marketing Activities And Product Launches.Nike Inc Cfo - On China, Says Began To See Recovery, Improving To Single-Digit Decline In May, Sequentially Improving Into June.Nike Inc Cfo - On China, Says Month-To-Date Retail Sales Trends Approaching Prior Year Levels.Nike Inc - Expect Fiscal 2022 Revenue To Grow In Low-Single Digits And Cross $50 Billion.Nike Inc - Expect First Half Growth To Be Slightly Higher Than Second Half Growth.Nike Inc - Expect Fy22 Gross Margin To Expand 125 To 150 Basis Points, Reflecting Shift To Nike Direct Business And Full Price Realization.