shares of lululemon languishing near a seven-month low.eaffirming price targets on the stock. the company reiterated it is on track to reach its goal of $4 billion in sales by 2020. let's look at their progress in today's "the numbers don't lie." the stock's dramatic selloff since march, they sold the most in eight years after their forecast for earnings and revenue missed analyst estimates. another glimpse of the stock drop, layered on top is the bloomberg eps estimate of the first quarter, the orange line. that took a tumble as analyst revised down their outlook. the last earnings period, on aemon gained 8% non-constant dollar basis. the company says sales would it to the low single digits in the first quarter. one potential hiccup for the sales was an online outage last week. lululemon's north american site crashed because of a power failure at a server farm. you are looking at online sales, the blue line, and how critical they are to the retailer's overall sales gain, the white line. investors will look at margin growth. lululemon is a

look at lululemon, one bright spot, as they say that private equity firms are eyeing lululemon to buys some speculation on this, of course, just a few days ago, there was some chatter of $70 a share, significantly above where it is now. one bright spot in retail. let's take a look at that hifting space of retail. this is 5825, in blue, we have department stores. in yellow, we have specialty stores. in white we have the apparel makers. and then outperforming all is amazon. so we really see this shift from the brick and mortar stores toward e-commerce, and very interesting dynamic. it will be interesting to see how it plays out over time. let's take a look at another stock that's plunging on the day, snap. shares are really just getting pummeled here, down more than 20% on the day after the company missed its first quarter reported as a publicly traded company. they missed across the board. big concern to investors is the fact that they missed the daily active user growth estimates. interestingly, some analysts are defending the shares of snap. we saw two upgrades from both oppenheimer

know what's gone on in retail south will be important to see a window into how michael kors and lululemonming up next week, joins. the home depot co-founder is my special guest. sunday morning futures, don't mitts. >> i'm bob massi. for 35 years, i've been practicing law and living in las vegas, ground zero for the american real-estate crisis. but it wasn't just vegas that was hit hard. lives were destroyed from coast to coast as the economy tanked. now, it's a different story. the american dream is back. and nowhere is that more clear than the grand canyon state of arizona. so we headed from the strip to the desert to show you how to explore the new landscape and live the american dream. i'm gonna help real people who are facing some major problems, explain the bold plans that are changing how americans live, and take you behind the gates of properties you have to see to believe. at the end of the show, i'll

if you own a great brand like a louis vuitton, a lululemon, that's a powerful resource. think about that is important. costco, another great retailer, very well-priced items, deep value. customers always like a bargain. keep in mind that's another name we like too, because value will always be in style. >> on that note, thank you so much, oliver. oliver chen with cowan and company. >>> investors were watching the fallout from the late day firing yesterday of former fbi director james comey. the big question is whether it will impact the trump administration's economic agenda. john harwood comes to washington tonight. john, connect the dots for us. how could this impact the president's push for such things as tax cuts, infrastructure spending, even health care? >> the furor surrounding a decision like this, it was the only thing anybody in washington was paying attention to today and will be for some period of time. it prevents congress from focusing and making tough decisions on policy issues that are difficult already to begin with. second of all, it puts more pressure

false move and they'll replace you with some hotshot young newsman who drinks sriracha and eats lululemon[cell phone vibrates] - hey, ang, it's cataract surgery. oh, i-i mean the wrong number, i gotta go. i'm with chuck pierce; he's getting cataract surgery. oh, damn! opening night jitters. a cashmere whisper. the scent of welcome. we take a deep breath and stand together. the floor creaks in applause. the stage is set. ♪ courage. we have a fragrance for that. glade® sc johnson a family company introducing mcdonald's new like the maple bacon dijon signature craburger.cipes. applewood smoked bacon with sweet maple seasoning. grilled onions. and a creamy dijon sauce with a hint of honey. on chicken or seared beef. is this my car? ck. state farm knows that for every one of those moments... what? this is ridiculous! there's one of these... sam, i gotta go... is this my car? what? this is ridiculous! this can't be happening! this can't be happening! oh, it's happening sweetheart. oh, it's happening sweetheart. shut up! shut up! that's why state farm is there, what a day... with car insurance,

earnings reports from lululemon and vera bradley and michael kors and hp.ct what happened to washington to affect what you see on wall street. i'm alison kosik. >> i'm dave briggs. "new day" with david gregory and alisyn camerota begins right now. >> angela merkel suggests sne germany cannot trust the united states. >> i think we hit a home run. >> trump targeting journalists accusing the fake news media of fabricating lies. >> if you tweet every day and complain. >> jared kushner sought to develop the line of communications with the russians that could not be monitored. >> there ought to be review of his security clearance. >> i don't trust this story as far as i can throw it. >> what manner of ignorance or chaos would you have to think doing this with the russian ambassador was a good idea. >>> this is "new day" with chris cuomo and alisyn camerota. >> welcome viewers from around the united states and the world. it is "new day." chris is off and david gregory joins me. >> fun to be called up. >> angela merkel says countries must take fate into their own h

codes might have been exposed between amateur 24, april 18 under pressure ahead of open. >> watching lululemonng earnings 28 cents a share lulu lemon falling more than 25% this year. >> president trump looking to push reform after returning to the white house, following first trip overseas reports accusing sr., adviser kushner of ties to rush in the mainstream media in a frenzy, joining me now is host of "varney & company," stuart varney, should mainstream media be focusing on issues that really impact americans. >> well yeah, i mean yeah what am i missing here? you know. i mean how relevant to your life is it whether or not jared kushner met with yxz months and months ago? how relevant to your life your working life your life at any sense of the word what jared kushner did in time maybe to open back channel with russians, by the way, exactly what president obama did president obama did that three years ago. where is the relevancy here we have media frenzy energetics president getting out of the office a office all they want get him out of office stop everything block everything, forget about

my question is regarding lululemon. after the negative guidance on their last earnings call that hammered the stock i jumped in the deep end and bought it at $51 and continued buying it on the way down. with their q1 earnings call should i buy more? >> no, they have this huge outage on their website and, you know, it was a critical outage that didn't do them any good. did them no favors. see what the quarter is going to be. that kind of threw me for a loop that outage. i like the idea it's down enough but you know sometimes things happen, let's go to doris in illinois. doris. >> caller: hi. you're my hero. i'm calling about haines. it is in this market and what are your thoughts? >> okay, this is important. the hain which is like i like has an accounting regularity. even if i thought it was the greatest since seven grain bread i couldn't recommend it. my rules as stated in the book "real money" is that if there are accounting regularities you can't own the stock. i'm going to miss some opportunities, i might miss hain.

here we got -- this is the s&p away, so google and amazon have the same way as a pending woes or lululemonit's going up absolute. it is making 12-month relative lows. we are back to the brexit low on a relative basis. that's the problem with clustering when things are weakening under the surface. now the s&p, itself. how do you draw the lines? here's one way. f 5%, 5%. these are actual. right? 47 sessions, 52 sessions. just to get a 5%, we're only down 1.8 that's nothing a. 5% would take us to let's say 2280. perfectly normal. the only problem with that is this. were we to get that, a 5, here. instead of being on trend, we would have broken trend. and so that's does that end implications. let's go a little further. ultimately, i think we have the risk of this. right. it's a little more than 5%. not a garden variety. more along 7 or 8. back to the point of a breakout. technical information. when you break out, like the dollar, then come back. you are looking at something more like 8. then finally, long-term chart. long-term chart, since the entire bull market. we're up near pretty much the

so, that makes us concerned about the longer term story for lululemon. >> are you more concerned longerabout under armour's footwear? business relative to nike's if this is a footwear generated call? >> yeah, well, i think under armour is going to have to build into that legitimacy. i think you know, this generation is going to always grow up with under armour being in the footwear business, but people my age don't consider them a footwear company. >> but steph curry goes a long way with that. >> several of those styles were panned by the sneaker head if you will on twitter, so i think they're going to have to continue to build before they can prove they can have a platform to continue to grow their footwear business, but we think they have that opportunity over the longer term. >> are you concerned about revenue growth deaccelerating, still growing, but decelerating? and because of that, $70 seems like a a very rich price target in terms of the pe levels where we've seen nike in the past. >> right, we have seen higher pe levels two years ago. sorry, one year, a year and a half ago, but

you're trying to take on companies like what lululemon. >> nike, under armour, yeah. >> you going tohem? or just take market share. >> absolutely. our sense is that there's so many people who want to be more active yet the options are just adding pressure. and there's pressure to perform and so we want to create a brand that approaches activity with moderation and ease and delight. and it's all about the future of athletics, not about being there first but being there frequently. >> and it's working, too. you started by looking at materials and figuring out like when you sweat, which materials work best -- >> comfort and movement, yes. so all of our materials are meant to sweat in. all of our products are meant to sweat in. >> and, what -- what is the best material to sweat in, where what it goes out and evaporates or something? >> pulls sweat away from the skin. we've actually just released something called ov kiss which is a functionality on your site that allows you to mix and match tops and bottoms to create an outfit for activity or uniform for recreation. it's a new way of shop

. >>> all right, coming up, lu lululemon's website crashing. might mean for the company's bottom line. also, autopart stocks hitting the skids today. what the big moves might be telling us about the state of the auto industry and maybe the consumer. it's been over 100 years since the first stock index was created, as a benchmark for average. yet a lot of people still build portfolios with strategies that just track the benchmarks. but investing isn't about achieving average. it's about achieving goals. and invesco believes doing that today requires the art and expertise of high-conviction investing. translation? why invest in average? >>> you've no doubt heard of the opioid epidemic but do you know how bad it really is. over 650,000 opioid prescriptions every day. 580 people per day start using heroin and four in five of those began by abusing prescription painkillers. 78 people every single day die from opioid-related overdoses. things don't seem to be getting any better, so how do we fix this crisis? your next guest may have an answer with a

meanwhile, a fair amount of research, jim, we're looking at, the lululemon website down and trying tot every day means in terms of lost comps. >> there's tremendous margin pressure. i can't express to you how important that website is for business, because that's where they put out what they want to find out what's hot. they use that. so this is bad for them, more than most. >> luluen lemon stock about 0.1% so far. [ bell ringing ] let's get the opening bell s&p, it's charles river labs celebrating its 70th anniversary and the nasdaq legg mason celebrating exchange traded funds. >> it's been a remarkable performer, my nephew who writes my show with me said it's 1-800-rats which doesn't work, but they are the guys if you go, you have the dat log and they do life science just like we talked agilent. life sciences has not been cut back so far, federal government never been as good but it pays for a drug company to outsource to charles river labs. that's who does the testing on animals and they try to do it -- look, the peta people are mad at me, in order to figure out whether drugs are a

. >> i know you like coach, i know you have other favorites, lululemon as well.hat? >> so it's interesting. when you think of specialty in general, when we talk about the teen retailers and the gap versus a coach, there's two segmentations there. the commoditization versus the value of the bands. specialty retail large -- at large, had made it a few years ago. they were the first fodder for amazon. department stores are just starting so it's interesting coach we like a lot right now. the conversation is changing. their self-help stories they can turn around another brand after having done their own and now with the acquisition of kate spade it's more than just buying that mall. right now what you need to be buy is a strong brand. if you can find me profitability opportunities that's the opposite of the zero sum gain we were talking about. >> how does that relate to your picks as they relate to e-commerce and amazon? >> well, when we think about amazon -- yeah, when we think of amazon going forward, wow, a look at the last 20 years been an amazing run. but look at