Nike's business is healthy in every area except one, ... We are enjoying strong results in all of our international regions, and in U.S. apparel and equipment; however, our U.S. footwear business continues to pose challenges.

There is an immutable conflict at work in life and in business, a constant battle between peace and chaos. Neither can be mastered, but both can be influenced. How you go about that is the key to success.

The trouble in America is not that we are making too many mistakes, but that we are making too few.

We continue to show strong growth in profitability despite significant pressure caused by the strength of the U.S. dollar against the euro, ... Our international business is robust, showing constant dollar revenue growth in every region outside the U.S.

Our results were helped by lower-than-expected spending in the first quarter, ... While we expect that spending will reach more normal levels beginning in the second quarter of this year, we remain focused on effectively managing our cost structure going forward, as evidenced by the actions we announced today regarding our Asia-Pacific operations.

He's bigger now, we're more prepared for it now,