It's Wednesday, March 25th.

Welcome to Market Fullry.

I'm Chris Hill.

Joining me, the one-and-only Bill Barker.

Good to talk to you.

Good to be back. How's it going? You know, just taking it day by day like everyone is.

We've got some earnings news, we've got some guidance news.

Let's start with Nike. Third quarter sales for Nike

came in higher than expected. Profits were sort of light, but this was this was

one of those quarters where the investments that Nike has been making in online sales really paid off for them.

Yeah, I think this was a lot of good signs in this,

and that's welcome in the market today.

The stock is obviously responding,

having been beaten down like just about everything else,

but primarily this is good news from the China

side where the online investments have led to I think about a hundred percent increase in online sales in China and you know

for the quarter I think sales are only off like 4 percent or something like that so I think sales are only off like 4% or something like that. So I think that this is a

playbook that Nike is referring to that it can now roll out for its much larger markets having gone through the worst of things

in China and having learned some lessons quickly and having adapted. I know that yesterday pretty much everything in the

market was up and Nike was part of that but they reported after the bell shares

are up about 11% today and the stock is up more than 25% in just two days and

I think a lot of investors myself included are looking for signs of positivity wherever we can find it.

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