Group 1 - Nike Inc. shares increased over 3% in intra-day trading following the release of quarterly earnings that surpassed Wall Street expectations, driven by stronger wholesale sales [1] - The company reported first-quarter earnings of $0.49 per share, significantly higher than analyst estimates of $0.27 [1] - Revenue for the quarter rose 1% year-over-year to $11.7 billion, aligning closely with market forecasts [1] Group 2 - Wholesale revenue grew by 7% to $6.8 billion as retailers replenished inventory in anticipation of major sports launches [2] - Nike Direct sales, encompassing retail stores and digital channels, declined by 4% due to weaker online demand [2] - Sales from the core Nike brand increased by 2%, primarily driven by North America, while Greater China experienced a decline [2] Group 3 - Converse revenue fell by 27% [2] - Gross margin decreased by 320 basis points to 42.2% as a result of higher tariffs and discounting [2] - Net income dropped by 31% to $700 million [2]