Nike reports Direct sales up 17% at $5.3B

The company states: "NIKE Direct sales were $5.3 billion, up 17% on a reported basis and up 22% on a currency-neutral basis. NIKE Brand Digital sales increased 20% on a reported basis, or 24 percent on a currency-neutral basis. Wholesale revenues grew 12% on a reported basis and 18 percent on a currency-neutral basis. Gross margin decreased 330 basis points to 43.3%."