Nike says composition of inventory is improving

Says consumer demand stands out. Says Q2 results give the company confidence they will deliver the year. Says headwinds like foreign exchange and inventory challenges are transitory. Says saw strong consumer response to Lebron 20 low top shoe. Says experienced 6% growth in Greater China. Says committed to investing in Greater China long term. Says inventory dollars and units down sequentially. Says making progress on inventory in North America. Says composition of inventory is improving. Says transit times are stabilizing. Says confident that inventory actions have put the company on the right track within the parameters provided last quarter. Comments taken from Q2 earnings conference call.