we just got numbers out of lululemon. revenue $602.5 million. that was bang on in line with what the forecast was. the earnings per share 1.$85 previously and it's gone up to 1.9 dollars so just about in line. perhaps fractionally ahead of expectations. those numbers of course not opiate for trade but we he will of course be following that throughout the day here on cnbc. let's also have a look at u.k. retail numbers which have come out better in the last few minutes. we're looking at retail sales stronger than expected in february. they have come out plus .7% month on month. the forecast had been .4%. so u.k. retail sales coming in better than expected of course. earlier this week we had u.k. inflation at 0% but retail sales managing to surprise results. >> we'll talk a little bit more about some of the sports talks. lululemon they just said their inventory at the end of 2014 was at $208.1 million compared to $188 million at the end of fiscal 2013. it's been a challenging time for the company. they had to deal with the sheer pants but we have b

you got a small-term beat them pvh and a big beat on lululemon. they're not going to say positive things going forward. there could -- that's going on now. you and i talk about we're out here it's like i am getting conference call sporadically. remember these companies down a lot versus a sonic that was up a lot, they tend to react better if they've been crushed ahead. >> yep. >> and you know red hat's been down the last four five days and they reported software as a service, you often hear them in conjunction with sales force. they had a very good quarter. accenture worried about it. stay focused. if the stock's down ahead of time, it's spry if he report decent numbers. >> lulu well off the lows pvh -- >> shorts have to come back and defend their negative position, which was everywhere immediately. this is 2016 story, david, because the broader trends, whether you hear it from deckers, whether you hear it from the under armour people is yoga is a pervasive, secular trend. and lululemon is synonymous with yoga. is leadership as strong? that's not

>> oh, let's do it. >> lululemon or foot locker? >> oh.l, i think i would rather foot locker, actually. just because it has a little more exposure to the trend of people wearing sneaks. i know you wear sneakers every day. i would take this opportunity to update under armour. i liked them when they bought the my fitness pal app. you buy nike instead. >> so you did a switch in the would you rather. >> exactly. the old switcheroo. >> next up, facebook, instagram showing layout being able to create photo collages. this is the second creative app to come out of instagram in the past months. and facebook is holding a conference that will feature every developer product and company including instagram, messenger, oculus. >> finally getting its mojo. for the longest time had a hard time getting through 80 bucks. the last four or five quarters have been spectacular. they continue to move to mobile. margins are very good. all the metrics work. the stock hasn't worked until recently. i think it continues to rally into the april earnings report. we ta

plus a downgrade for lululemon. shares falling but do the traders like it?hat and much more from post nine straight ahead. >>> "the halftime report" with scott wapner is the place for market moving interviews. >> when you see large currency moves and large price moves in a commodity like oil, you have to be worried. >> real money. >> what makes things cheap is uncertainty. >> real debate. >> interest rates are going to go up, they can't drop as much as they did last year to this year. >> the most profitable hour of the trading day. >> do you think dick costolo will leave that job? >> we think there's a good chance he's not there within a year. >> the "halftime report," weekdays at noon eastern. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. you can call mbut,allow... i have a wandering eye. i mean, come on. national gives me the control to choose any car in the aisle i want. i could choose you... or i

the apparel company lululemon -- you guys know that place?ers ] they started selling men's pants with extra room in the crotch area. [ cheers ] or as i call those, pants. [ laughter and applause ] that's right. lululemon has started selling men's pants that protect the crotch area, called abc. which stands for anti-ball crushing. [ laughter ] it's good news for today's crotches, but i think we should take a moment to remember all of the crotches that couldn't be saved. ♪ i will remember you [ audience ohs ] will you remember me ♪ ♪ don't let your life pass you by ♪ [ audience ohs ] [ cheers and applause ] this is kind of scary. i saw that the cyclone roller coaster at coney island got stuck during its first run of the season yesterday, causing several of the riders to climb back down on foot. [ audience ohs ] yeah. it was so scary, the guy operating the ride almost dropped his flask. he was like, oh, my -- [ laughter and applause ] take your time coming down, guys. [ applause ] what the heck's going on over here? [ laughter ] and finally, a l

lululemon is finally set to reopen this weekend in a temporary location at 14th and walnut.collapse at its store at 15th and walnut which is being renovated. starting today and all weekend long the store is celebrating with free treats, free juice free dj, free yoga classes and free monogramming on lululemon items. tomorrow at ikea bring a friend event. coupon will get i was free tote bag or free breakfast. we'll tell you how to get that coupon and download the 7-eleven mobile app and you can get a free doritos loaded two pack. details on all these freebies plus more right now on 6abc.com. have a great weekend. >> a loaded two pack. >> two pack. one for each of you. >> thanks for hanging out with us. for shirleen allicott alicia vitarelli and adam joseph i'm brian taff. shirleen and i along with adam and ducis rodgers back tonight at 10:00. >> "action news" at 5:00 is coming up next. >> see you tonight. as a small business owner you wouldn't deliver just half of what you have to offer to your customers. so why are you settling for half fast internet? only verizon fios comes

lululemon now says it expects inventory delays will hurt untiat much beyond the original forecast of inventory backlog through th. the one thing on every investor's mind how long will the backlog last. >> one thing that maybe has been underestimated is the cascading impact of something like this. it's not just the goods that don't get to shelf now, there's also this knock-on effect those boats are not able to get over to the far east or other places to be reloaded. there's this rolling impact that should last much longer into the future than you would immediately think of when you imagined a port slowdown. >> reporter: conrad also says historic data shows supply chain disruptions caused share prices to fall an average of 25%, with impacts that linger for two years. however, not every retailer is hurting. five below children's place and finish line say forward planning has and will prevent any delay or disruption. francesca's and men's warehouse are among those experiencing only a minimal impact. and there could be a silver lining for shoppers. while there has been less inventory to p

strong holiday sales at lululemon helped beat wall but the company issued a weak outlook for the current spring quarter citing shipping delays at west coast ports and bad winter weather. even with the warning, shares of lulu were up 5% to $63.97. >>> scholastic posted a wider than expected loss as a stronger dollar hit international sales and the company saw declines in other business segments. the publisher said it offset from the mine craft video game that's big in my house and also the children's book business. shares off fractionally at $37.94. con agra's quarterly profit came expectations thanks to cost cuts and company raised earnings forecast for the year but the maker of slim jims and chef boy yn ardee. west coast had an impact. con agra fell half a percent, $234.75. extenseure raised forecast for the second time and posted revenue growth of 5% for the latest quarter thanks to growth in its outsour business. shares rose 7% to $94.17. >>> back to the economy now. americans applying for unemployment benefits fell to a low, a good sign for the labor market. fell by 9,000 to seasonab

lululemon reported fourth-quarter earnings that beat the fourth earnings.close where the attraction. lululemon is trying to boost sales by adding more seasonal and streetwear products. it is up to a jury in the high profile gender discrimination case in silicon valley. alan cow has accused of gender discrimination by failing to promote and eventually firing her. kleiner perkins per trade pao as a poor performer who made baseless claims of discrimination. can you imagine a more boring play then the extra point in professional football? neither can the team owners. they will vote on different ways to change it. moving it forward for a two-point conversion or doing away with the point after kick altogether. there is no way they will do that. it is traditional. it is part of the game, boring or not. i predict they will not do away with the extra point. alix: let's talk about what has been going on with the germanwings flight. the -- i want to learn more about the copilot. joining us is a former commercial pilot in safety consultant from orlando, florida. and gr

and goldman sachs says sell lululemon. people are selling it down 4.5%.ng sales from staples, the strong dollar hurts them and weak demand for computers. staples at 16. look at coke and mcdonald's. russia criticizes both companies for unhealthy products comparing advertising campaign to a war on russian citizens. mary, what do you say? >> absurd. mcdonald's opened up in pushkin square in 1990 and people lined up around the block. the biggest or one of the biggest in the world. russians need cheap calories it's cheap gives them cheap calories, don't believe what you hear from the government. stuart: it's an example of a foreign dictator who wants to pick on a weak america he goes after mcdonald's. >> remember jose bouve went around and smashed windows in mcdonald'ss. >> he took a bulldozer to mcdonald's and flattened it. >> if you talk to regular french people as russians they love mcdonald's. who doesn't love a big mac? stuart: iconic corporations take the heat for america overseas that's what's going on in russia. >>> more on mcdonald's. they announced t

roman sex downgrading lululemon -- goldman sachs downgrading lululemon. valuation reflects unrealistic growth assumptions increased competition, and moderation in growth and a weakening canadian dollar will also hurt margins. we will have more on "market makers" right after this with a special three-hour edition of the program. >> welcome to the second hour of "market makers." i am stephanie ruhle. >> i am erik schatzker. >> today we're celebrating international women's day. there are a lot more powerful and impressive women coming up the next not one hour, but two hours in this extended edition of "market makers." in a few minutes, we're going to be speaking with the ceo of neiman marcus, karen katz. >> plus the woman behind tlc and animal planet will be with us live. >> actress, lifestyle guru dropdead gorgeous mother the one and only gwyneth paltrow. far more than just a pretty face running a growing e-commerce site goop. >> let's begin with top business stories of the morning. it was a better than expected jobs report for february. u.s. employers adde

. >>> we don't think that president obama was wearing pants from lululemon. the company has been struggling but it is giving credit to pants for men for a big turn around in the company. they are alled abc pants. >> nothing to do with sglus no. >> abc is not us but i can't tell you what the abc stands for. you have to look it up on your own. >> the pants apparently offer a bit more room where a man may need it most f you know what we mean. they are said to be popular with caddies on the pga tour and with plenty of other guys as well i guess. if they are doing so well -- listen, i don't know. >> i'm all about comfort able pants. >> heading to lululemon after work. >> can i not tell people what the abc stands for? you should hear the executive producer. >> look it up people. >> groaning. he's about to lose it. let me give the people what they want. it is the middle of the night. >> i think they get the idea. gives a little more room. so figure it out. people. if if it is boosting sales. -- >> what did you say. >> will is it loose. >> boost. >> i thought you sai

lululemon shares down big time.icole petallides with more on that stock story. >> melissa the stock run up 20% in the last three months. is that too far too fast? when you talk to the analysts, they say exactly that, the stock has run up and could be setting up, in fact, for a sharp sell-off. what they've seen in the near term, it's a weak start to the year 2015. cautious orders could lead to cautious guidance from the company. they are reporting on thursday, we'll delve into the numbers at that time. you can see the stock is down about 3%. turns out the shares aren't doing great even though i love the pants. back to you. >> thank you so much. be sure to watch fox business' fantastic show, "strange inheritance" tonight at 9:00 p.m. eastern into new back-to-back episodes. jamie colby will feature a cowboy -- i love this one. i sneaked and i watched it here in house. this is a cowboy who discovers ancient fossils on his ranch in montana. it's awesome. jamie recalls a story of a woman who inherits a wildlife sanctuary

stock three, lululemon slicing its target to 55 from 58. the stock is at $63.60.. they see it falling. a bunch of dollars. they say ae a weak start to the year will lead to cautious ordering. their rating is hold. it probably should be sell. it does seem like analysts are getting cautious on this one on lululemon. >> darden restaurants, optimism continues after the strong earnings report. this is a new 52-week high in today's session. credit suisse hike it to $69 from $62. it's excited about the prospect of the real estate monotization. it auto have a higher cap rate than most analysts have been modelling for. >> the stock had been left like a soggy cold bread stick. now it has the become the best performing nonfast food in the restaurant space. sonic, wendy's, and jack in the box have done -- >> whatever you think about the hedge fund community, he has really helped turn that stock around. >> must be something in the water. >> well salted. final stock, always the under the radar smaller cap name. it is cyber ark. israel-based security software company, bank of am

speaking of coining money, many shorts have made a career out of bashing lululemon. this morning lulu bashed them with a better than expect ed quarter and a forecast that excluding the weather and the west coast port slowdown is pretty darn strong. so many people told me i was wrong for liking lulu in the last 24 hours including a half dozen certified unfocused chowder heads on twitter who pressed their short bets when the stock was trading down. at first i begged them to wait for the company to explain numbers on thenen cofrens call. you know how i feel about it. they stayed negative and kept chastising me. they unmuted me. they were subsequently carpet bombed when the company told a good story. we needed more good news to keep things going. kraft rallied yesterday. reaction to the terrific hines merger. we got more positives in the terms of facebook my kids will have to explain to me. then there is a twitter story which says that company has surpassed yahoo! as a media outlootout outlet for advertising. some of the banks acted okay. you are never out of the woods i

and lululemon's healthy growth in tweets that are driving the market.techs and so much more coming up on "mad money." >>> your first move tomorrow when we come back, more "fast money" is coming up next. when the world moves, futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. all on thinkorswim. from td ameritrade. for you and your brother?house ♪ ♪ woooooah you're not just looking for a house. you're looking for a place for your life to happen. zillow you can call mbut,allow... i have a wandering eye. i mean, come on. national gives me the control to choose any car in the aisle i want. i could choose you... or i could choose her if i like her more. and i do. oh, the silent treatment. real mature. so you wanna get out of here? go national. go like a pro. >>> all right. it is that time. time for our final trade. we go around the horn and we kick it off with dan nathan. >> yeah, intel. i think you used that strength off of the altera takeover rumor to sel

nike, footlocker, under armour, lululemon, these names fighting the tape pretty nice. >> under armoura new high today. 78 and change. doc, second half trade, related to the fed tomorrow or not? >> not so much, was i mean, i think the investor, some of that pent-up demand, take a look at best buy. bby. bought that one today, judge. they're buying weekly call s tht expire this friday. i bought stocks and calls in this one. >> a double dose of unusual activity. josh brown. >> jb hunt, jbht, following up on the transport comments. this stock broke out above 85. it may retest, it may try to come back to that level, see if there's anyone left, but i think the stock heads higher. i think it's a clear shot to 100 bucks. >> have a great rest of the day. power starts right now. >> "halftime" is over. "power lunch" and the second half of the trading day starts right now. >> good afternoon, everybody. get ready for a pre-fed tuesday. we have a drop on our hands. tyler mathisen joined by sarah eisen in just a moment down at the new york stock exchange. there you see where we stand right now. modes

. >> pop for lululemon up 5%. karen?od earnings and i think also a low bar. so we had some traffic acceleration, which is a very good thing. the comps were up, the men's division was up, the valuation is up. it's okay here. it's not as cheap as some other things, but good for them. >> pop for dr. pepper and snapple. >> a lot of people think this stock is headed to 90 bucks. it's been parabolic now for a wile. but the momentum seems to be still behind dps. i think yo uh stay long. >> drop for union pacific, down 2%. grasso? >> rail's been under pressure. look at today's low, 106.75. wait a couple of more days and see if it holds that low. if you want to get in, use that as your stop. >> coming up next on "fast money," just one more company can move on to the second round in our "fast money" madness tournament. tonight, the matchup between apple and hewlett-packard. the battle is on right after this break. we're reinventing inhow we do business, so businesses can reinvent the world. from pharmaceuticals to 3d prototyping,

they're basically doing away with lady foot locker and launching 602 which is taking direct aim at lululemonthat could be successful. brian sozzi, chief equity strategist. closing bell ringing 40 minutes from now. herbalife shares soaring again today. the company once again in hack mode. and charlie gasparino's got, of course, the details on that one. >>> and if a tweet goes out at midnight, is anyone going to read it on a sunday? we're going to take a look at ted cruz's social media strategy, announcing his run with a midnight tweet. was that effective or was it a mistake? experts coming up. be right back. ♪ ♪ ♪ at mfs, we believe in the power of active management. every day, our teams collaborate around the world, to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without collaboration. 40% of the streetlights in detroit, at one point, did not work. you had some blocks and

on the down side, lululemon downgraded at goldman sachs. that's what we see, guys.ll tell you that. big. >> mine too. i love them. i don't own the stock. i'll be honest. but i do love the pants. >> we're doing our part. >> a lot of women do. thanks, nicole. >>> we don't want to miss you. to find in your area, go to foxbusiness.com/channelfinder. >>> now what's happening -- until she says it, i don't believe it. >> great to see you. news to bring out of boston and a case we've been following so closely. i knew he wasn't going to make it. those are the heartbreaking words from the father of an 8-year-old whose son was killed in their horrific boston bombing. martin richard was the youngest killed in that attack. his father, bill, telling a weeping crowd in the courtroom how he looked down at his son and knew there was no chance of survival. >>> also testifying was jeff bauman who identified tamerlan tsarnaev to investigators. he lost both legs and says he locked eyes before the explosion. the surviving brother, dzhokhar, remains on trial that resumes on monday. >>> an

and shares of lululemon are trading lower. the company's current quarter forecast fell short.in the quarter just ended. then the forecast is lower. where are the futures? is it still triple digit? i haven't looked. >> close. just under it, i think. >> just under. okay. so we're at 96. we're below for the year now. dow's down for the year. >>> up next the effect of minimum wage hikes on business and on employment which is both sides say they've got the data to bolster their case. we'll try and work this out when we return with a policy expert to talk about his "wall street journal" op-ed on some of the unintended consequences of minimum wage hikes. yeah? yeah! that turbo engine packs a punch, right? oh yeah. pinch me. okay... and on passat models you can get a $1,000 volkswagen credit bonus. one more time. pinch me. it's not a dream. it's the volkswagen stop dreaming, start driving event. stop dreaming, do it again. and test-drive one today. hurry in and you can get 0% apr plus a $1000 volkswagen credit bonus on 2015 passat and jetta models. now with the xfinity tv go app, you

we saw lululemon get hit. and parent company of calvin klein.y for these companies. >> hold that thought. steve is joining us off the floor. what do you think is going on here? >> it is still all basically the dollar and it's still all about growth. if we're in a deflationary state, you have to sort of lock in your gains right now. and the market on a technical basis extremely weak. we're stuck right here at the 1 hyundai moving average. i don't think it's a necessarily bad idea to sell stocks. >> to sell stocks. kevin o'leary. >> you know what's happened in the last few quarters is you get a tremendous amount of volatility between the positive earnings releases. and you worry about stuff like air strikes, the bad news we got on this german airline. anything to give a people a reason to sell. but then it's back on earnings. there hasn't been major disappointment yet in earnings. so i think buying the dips may not be a bad idea. i've watched volatility increase and yet ever so slightly step up step up step up basis. that sector is on fire. i thin

lululemon now says it expects inventory delays will hurt until at least -- cause share prices to fall linger for two years. now certainly not every retailer is hurting. five below, children's place and finish line say forward plan ingning has and will continue -- >> three things into earnings, the dollar the slowing economy in winter and that port problem until it was resolved. but not totally. so courtney thank you very much. sarah, down to you. >> i just want to give you another market check. a stunning rally. all three major indices in the green right now. this is the dow's best day since february 3rd. and tyler, notable because this could be the first back-to-back gain for the major indices. the dow and the s&p since back in early march, i think it is. or late february. february. >> i think it was february. which is really astounding, when you think of it. not two days in a row of updays since last month. hard to believe. >> the dollar is having a good day, tyler. got to mention that one. what we're seeing is the dollar in stocks moving in the same direction higher potentially bre

trading at all high time levels firm beating estimates helped by growth in the outsourcing business lululemon shares soaring, beating estimates, but outperforming short, and winnebago plunges 10%, now down 15%, missing estimates because of labor shortages and higher operating costs. let's get to julia for a news alert. >>> thank you. that's right. hbo and vice media announcing a major deal. this is hbo's biggest content deal ever and also the biggest ever deal for vice news. they are going to be partnering on news coverage and in addition to expanding vice's weekly show for hbo, vice launches a five-day week 30-minute news broadcast airing not just on hbo, but also on hbo's upcoming streaming app called hbo now launching next month. key move to move into the news business and ramp up programming targeting younger viewers. vice has the edgy take appealing to millennials, and they are looking to add more younger subscribers to the new stand alone streaming app. tyler, over to you. >> all right, very interesting. you think they might have gone with cnn, but i guess not. all right. the transports

retail, a lot of movers today, first of all, goldman cutting lululemon to sell.eo, a new product push. it's not enough to convince that an lift today. gap, disappointing with same-store sales down 4%. the street expected 1.4% for the month of february. they said forex an impact as well as port slowdown. i guess they weren't lying. foot locker big movingment however that belongs to former ceo and not the new one, richard johnson. >> we have breaking news in d.c. let's get to eamon javers. good morning. >> good morning. treasury secretary jack lew has ritzen written a letter to john boehner, confirming the united states will hit its debt limit march 16th and on friday march 13th the previous workday they'll begin extraordinary measures in order to continue to finance the government on a temporary basis. what jack lew is saying in the letter is that on that day, that is when the united states treasury will suspend until further notice the issuance of state and local government series securities. those are special purchase treasury securities related to states and mu

in the meantime, lululemon slipping on a downgrade from goldman sachs. lowering from a neutral, but still maintaining its $52 price target. google launching a new -- the google compare site will be available to california residents first and will expand to other states. software maker sap falling today by just over 2% after announcing a job cut of more than 2,000 workers. that's about 3% of its global work force. well, job growth as we've been talking about, soared above expectations despite a brutal winter. where are those high-paid, high-skilled jobs in america? mary thompson knows. she's live in bedford, massachusetts. mary. sfwroo thank you. the jobs here are on robots. they make robots that make this ipad. all that coming up on "power lunch." at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. [ male announcer ] your love for trading never stops. so if

lululemon's price target was cut by $3 to 55 at canaccord.d been at buy, now hold. citing a number of factors including valuation and ongoing concerns with possible patent issues. >>> and the market indices are sitting at near all-time highs. cnbc's dom chu with a look at how we got here and where we're headed. i just got hammered for having villanova. thanks dom. didn't you win a couple of years ago in. >> i did. and i believe i was at a competing network at the time and i beat you. you were in second place back in 2011. i had picked uconn that year. if it makes you feel better i picked villanova in my bracket as well. and it's been -- you know i don't even want to talk about it. between iowa state and -- i pick sod many wrong ones. >> me too. i know. anyway, we've beaten this to death. but i fall you and pick villanova. that's what i get. >> i wish i could have something better to say about that. at this point i'm hoping kentucky just loses. i like kentucky but they're the only shot i have of doing anything is if everybody else gets taken o