my thinking is it breaks down. >> tim, what is your take on lulu lemon, is there anything interestinge for you, be the evaluation, charts or catalyst ahead of earnings? >> i would address -- mike pointed out is it a gap multiple or nike multiple. i think he was saying the same. it's a nike multiple. in fact, their growing faster than nike, and if you look at the quarter we are expecting, somewhere around 25% growth and some gross margin hit, but again, a company like nike that has dtc, roughly 55% of the revenue stream comes from stores. 45 from e-commerce. the e-commerce trend is strong. it is a company that north of 30 times on a multiple, this is where it has traded for the last couple of years in an environment that we are talking about that is emphasized on a day like today, the question is how should this multiple track and what premium are you willing to pay? to me, mid-20s on lulu's for you should be looking at 11 bucks a share in 2023. if you take that to 30 times, you're talking about 310 a share, around 25. ou 2. get to carter's level arnd50 >>> next up, but stocks are catc

lulu lemon shares down more than 23% this year.re is likely no more trouble heading into earnings next thursday. a call to action across the board. we saw worry about consumers, the consumer psyche and the impact, in general, and spending. >> the first thing i would say about lulu lemon is this a name in one of our funds. it is also, for those of you that watch regularly, you know it is a highly indexed name. the index carries that i track that basically matches what we spend our money on in our household. the thing about lulu, let us just talk about some of the good stuff lulu is a higher end demographic with more resilient customer base. probably more insensitive to economic pressures that we might be facing right now. the other thing, biggest the company has become is so has a lot of meaningful growth opportunities. they are expanding into but where, men's apparel. throw question when you take a look at a company that is trading at less than 30 times forward earnings and has had topline growth and that income growth is, should w

traders are betting on just that for lulu lemon. how they are playing the name.fast money, life from the nasdaq market site in times square. we are back right after this. aflac! seriously? now there's a hole in your defense; look at the size of that- gaaaaaaaaaaaap!!! is that a goat?! you talkin' about me? gaaaaaaaaaaaap!!! i think this goat is saying “gap.” must be talking about the expenses health insurance doesn't cover. so who's talking about the money aflac pays to help close that gap? gaaaaaaaaaaaap!!! aflac! aflac! gaaaaaaaaaaaap!!! it's about to go down, baby! aflac! aflac! stop that goat! get help with expenses health insurance doesn't cover at aflac.com >> markets have pulled back sharply from their august ties, but if you are worse in the broader industries. sabers, dollar tree, and zoom falling 16 almost 30% since then. do these pullbacks present an opportunity to get in? what better way to figure out than a good game of trade it or fade it. >> that's right, america's favorite show. game show. let's kick it off with caesars. traded or faded? >> this i

the question is what is the readthrough for lulu lemon and nike? they are all dealing with these problems. foreign-exchange and under armour has more bread issues to work out. >> much smaller, we are talking about a $4 billion company. stock is trading not far above the lows from the covid crash in 2020. obviously it has been washed out. it doesn't necessarily have as many lovers to pull or enough brand equity to lean back on. it may be a more has to go along with liquor where it returned work times and things like that. it is tough to find the next catalyst unless it will be a management change. >> which we are expecting. adidas reports tomorrow morning. we will hear from the ceo. technology is soaring in particular today. with us as u.s. equities strategist scott corner. july was a bear market rally, it looks like it is extending into august. do you continue to buy? especially in the tech space? >> we have to be aware of what the set up has been. if you think about the s&p and the nasdaq, those mid june troughs, the s&p was down 24%. the nasdaq w

look, i'm so excited to be with you guys here and working at lulu lemon. >> lulie >> steve c.: namaste ever wonder who your outtie is? >> that's not for me to know. >> steve c.: well, i'm steve c. steve c. -- wait a second, am i steve carell? i mean, this is an office. i see paper over there. if this were scranton, that explains why we never go outside. >> that kind of talk is not allowed here. >> steve c.: humorless, obsessed with the rules -- you are dwight. >> i am not dwight. i don't even know who that is. >> steve c.: classic dwight. teve c. >> steve c.: hmm? are you stealing from the supply closet? >> steve c.: hmm mmm. open your mouth. >> steve c.: paper clips work better when they're wet. >> steve c.: all i can be is sorry and that is all that i am. >> i'm afraid you still don't mean it. >> steve c.: yeah, i wasn't really feeling that either. sorry. can we take that from the top? >> again, please. >> steve c.: ( in deep southern accent ) all i can be is sorry! and that is all that i am! and as god is my witness, i'll never go hungry again! >> again, and no more accents. >> stev