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- Nike on Tuesday reported quarterly sales and earnings above Wall Street expectations.
- The report came a day after Foot Locker announced a "revitalized" wholesale partnership with Nike.
- Despite Foot Locker's announcement, Nike CEO John Donahoe touted the success of Nike's DTC approach.
Foot Locker announced a "revitalized" partnership with Nike to much fanfare on Monday. On Tuesday, Nike CEO John Donahoe moved to turn the attention of investors back to Nike's direct-to-consumer approach.