NIKE 8K 21.2.17.pdf - Exhibit EX99..htmEXHIBIT99.1...

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2/21/2017 Exhibit 1/16 EX­99.1 2 a8­kq2fy17erccexhibit991.htm EXHIBIT 99.1 FY 2017 Q2 Earnings Release Conference Call Transcript December 20, 2016 This transcript is provided by NIKE, Inc. only for reference purposes. Information presented was current only as of the date of the conference call, and may have subsequently changed materially. NIKE, Inc. does not update or delete outdated information contained in this transcript, and disclaims any obligation to do so. PRESENTATION Operator : Good afternoon, everyone. Welcome to NIKE, Inc.'s fiscal 2017 second quarter conference call. For those who need to reference today's press release, you will find it at . Leading today's call is Nitesh Sharan, Vice President, Investor Relations and Treasurer. Before I turn the call over to Mr. Sharan, please let me remind you that participants on this call will make forward­looking statements based on current expectations, and those statements are subject to certain risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties are detailed in the reports filed with the SEC, including forms 8­K, 10­K and 10­ Q. Some forward­looking statements concern future orders that are not necessarily indicative of changes in total revenues for subsequent periods due to the mix of futures and at­once orders, exchange rate fluctuations, order cancellations, changes in the timing of shipments, discounts and returns, which may vary significantly from quarter­to­ quarter. In addition, it is important to remember a significant portion of NIKE, Inc.'s continuing operations, including equipment, Converse, Hurley and NIKE Golf, are not included in these futures numbers. Following the conference call, the futures order schedule will be posted to the financials schedules on the NIKE Investor Relations website. Finally, participants may discuss non­GAAP financial measures, including references to wholesale equivalent sales and constant dollar revenue. References to total wholesale equivalent sales are only intended to provide context as to the overall current market footprints of the brands owned by NIKE, Inc. and should not be relied upon as a financial measure of actual results. Similarly, references to constant dollar revenue are intended to provide context as to the performance of the business eliminating foreign exchange fluctuations. Participants may also make references to other nonpublic financial and statistical information and non­GAAP financial measures. Discussion of nonpublic financial and statistical information and presentations of comparable GAAP measures and quantitative reconciliations can be found at NIKE's website, .
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