North America was really good for Nike despite weak China sales, says Guggenheim's Simeon Siegel

IS ON PACE FOR ITS FOURTH STRAIGHT ANNUAL DECLINE. BUT OUR NEXT GUEST IS BULLISH AND SAYING JUST BUY IT. NIKE IS ACTUALLY AMONG HIS BEST IDEAS FOR 2026.JOINING US NOW IS SIMEON SIEGEL, CONSUMER EQUITY RESEARCH ANALYST AT GUGGENHEIM SECURITIES. GREAT TO SEE YOU. GOOD TO SEE YOU GUYS. >> GOOD TO BE BACK.>> THE MARKET IS NOT REALLY TRUSTING THE TURNAROUND STORY HERE. WHAT IS THE MARKET REACTING TO IN THE MOMENT. AND I GUESS IN YOUR MIND WHAT IS IT MISSING.>> YEAH. SO IT'S AN INTERESTING OPPORTUNITY TO COME BAC ...