We are not going to chase bad business.

Great soccer is inspiring, on the street and in the stadium, and Nike today celebrates brilliant soccer with the announcement of the perhaps the strongest side ever to represent the United States on the global football stage. Nike soccer is about the joy of playing, whether it be worldwide or here in the United States. Our products, our players and our global brand leadership reflect that.

Nike soccer represents one of our top three businesses today, an incredible achievement from where we started in 1994. We have great momentum. In the past four years, we have more than doubled Nike's soccer business worldwide, and we have established brand leadership in the hearts and minds of consumers. We are confident that Nike product innovation and our connection to players and consumers will continue to drive significant growth.

Great soccer is inspiring, on the street and in the stadium, and Nike is in Berlin today to celebrate brilliant football. Nike soccer is about the joy of playing. Our products, our players and our global brand leadership reflect that.

We are not actively looking at acquisitions right now.

The mark of a good hitter is sometimes knowing when not to swing. We didn't chase bad pitches and allowed them to help us score runs.