Nike Inc (NYSE:NKE) reported upbeat first-quarter results, with analysts from Goldman Sachs, Telsey Advisory Group, Oppenheimer, Morgan Stanley, and Keybanc providing their insights. The earnings beat was driven by higher margins, with North America and total revenues in line with expectations. Despite missing revenue expectations, the profit line beat was due to a higher gross margin and lower SG&A expenses. Analysts noted positive signals of operational and financial stability at Nike, with the groundwork established to support strengthening sales and margin trends over the next several quarters.