CLAIM #46263 · Nike Inc (NKE) · 2023Q3 earnings call · Mar 21, 2023 · due Dec 21, 2023
“And then our GT Series will have major updates in each of the run, cut and jump silos.”
John Donahoe · CEO
In context
“t launched, we see a lot of legs left with Invincible in the coming quarters and years. And then in the next six to 12 months, we'll do major updates to the other five road running models, where we're taking some of the innovations from our racing platform, putting them in for everyday runners, very strong innovations around foams and other materials. So running is a very important priority for us, and we see some share gains currently and in road running a lot of focus in the coming six to 12 to 18 months. Basketball, as I mentioned in my remarks, our signature portfolio, I don't think it's ever been stronger, and it's refreshed. You take LeBron, Giannis, KD, new next-gen stars like Ja, Devin Booker, Sabrina. In Jordan, we've got Zion, Luka, Tatum. And by the way, the return of the Kobe. And then our GT Series will have major updates in each of the run, cut and jump silos. So our basketball portfolio is almost an embarrassment of riches that we want to continue driving through the marketplace in the coming six to 12 months. And then women's, we're really encouraged by early reception of Go and Zenvy and Alate, the Go and Zenvy Leggings, the Alate bras. And we're encouraged by the pipeline. In fact, coincidentally, this week, we've got several hundred of our global leaders on campus, planning our spring '24 season, which is, in essence, January through March of next year, next calendar year. And I've got to tell you the breadth and depth, while we can't talk about specifics now, the breadth and depth of the innovation pipeline is really strong. And what's clear is as we return to the office, as our teams are now back together in person, that NIKE magic of co”
Verify independently
SEC filings for NKE ↗ · Claim quote is verbatim from the 2023Q3 earnings call.