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Nike hit a record high on Wednesday after reporting strong earnings that exceeded even the most optimistic Wall Street estimate.

The shoe giant’s stock climbed more than 6% in early trading, hitting $92.79, handily beating the previous intraday high of $90 set on April 18.

“Even amidst the increasingly volatile macroeconomic and geopolitical environment, we expect our unrelenting focus on better serving the consumer to continue fueling strong, broad-based growth across our global portfolio,” Andy Campion, Nike’s executive vice president and chief financial officer, said in a press release.

This prompted it to boost its forecast for the rest of the year, even as headwinds such as the threat of tariffs from the trade war mount.