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Sep 9, 2021
09/21
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. >> lululemon's ceo on. we can't just focus on the abc we need to delve in. >> a broader move. >> i thought -- i don't know, becky, yoga clothes. either one of us conducting this interview is a conflict. >> you talk about your lululemons more than i talk about mine i probably have more >> if caplan is in trouble for opening up the fed spigot. you are invested. >> they are on my legs. >> skin in the game you mean >> yes >> a conflict. >> we have to give him a tough interview. >> okay. >>> ukraine. the latest country ukraine and el salvador. who else do you need the latest to legalize and regulate bitcoin in the past, the authorities have treated cryptocurrency as a scam and often confiscated equipment without new grounds. the new legislation gives crypto owners protection against fraud. the ukraine law doesn't facilitate the use of crypto or put it on an equal footing with the national currency. it will open the cryptocurrency markets for businesses and investors by next year by 2022. i can give you a list of
. >> lululemon's ceo on. we can't just focus on the abc we need to delve in. >> a broader move. >> i thought -- i don't know, becky, yoga clothes. either one of us conducting this interview is a conflict. >> you talk about your lululemons more than i talk about mine i probably have more >> if caplan is in trouble for opening up the fed spigot. you are invested. >> they are on my legs. >> skin in the game you mean >> yes >> a conflict....
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Sep 9, 2021
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you know, do you own lululemon i kings? -- lululemon leggings? romaine calls them tights.what do you think, taylor? i hope you cannot see me in a pair of those. [laughter] taylor: remaine -- romaine says he doesn't have the figure. i strum to disagree. -- i strongly disagree. i will buy you a pilates class. we can go together. it will be great. in the meantime, next it is our stock of the hour. this is bloomberg. ♪ taylor: lululemon just crushed it after the bell yesterday. came out with earnings, and really another big sales beat, boosting after falling in six of the last seven quarters after the earnings. dave wilson is looking at the numbers. you buy leggings yet? dave: i don't think they make them in my size, taylor. sorry. but there are a lot of people liking what they see lululemon, clearly, from the way the results were way ahead of projections. the analyst average estimates we surveyed here at bloomberg. it is all about coming back to the stores. you had sales in stores more than doubling in the last quarter. direct to consumer, which includes their website, up onl
you know, do you own lululemon i kings? -- lululemon leggings? romaine calls them tights.what do you think, taylor? i hope you cannot see me in a pair of those. [laughter] taylor: remaine -- romaine says he doesn't have the figure. i strum to disagree. -- i strongly disagree. i will buy you a pilates class. we can go together. it will be great. in the meantime, next it is our stock of the hour. this is bloomberg. ♪ taylor: lululemon just crushed it after the bell yesterday. came out with...
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Sep 8, 2021
09/21
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i see lululemon, net revenue increased.re than 40% as well. there are other places where growth is to be had or to be harvested here in this market and potentially where e-commerce in particular is concerned, that could be the case. even i feel as investors are juggling with this idea of how much growth do we see coming out of covid >> yeah, i kick myself once a week for not owning lulu right now. this is like, in many ways, the perfect stock for the current moment in time it's half reopening. it's half stay at home which seems to be what we're doing we're doing hybrid i was in manhattan the other day. i saw a flock of wall street traders head to toe lululemon. so, yes, they are being forced to come back to the office but they're not being forced to actually button their pants or put on belts >> josh, excuse me we're ready for gamestop numbers. let's get to those frank holland. >> gamestop down about 0.5% after reporting a loss of 76 cents a share. not comparing that to estimates, however the loss for gamestop last year in
i see lululemon, net revenue increased.re than 40% as well. there are other places where growth is to be had or to be harvested here in this market and potentially where e-commerce in particular is concerned, that could be the case. even i feel as investors are juggling with this idea of how much growth do we see coming out of covid >> yeah, i kick myself once a week for not owning lulu right now. this is like, in many ways, the perfect stock for the current moment in time it's half...
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Sep 8, 2021
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lululemon, rh and gamestop all on the move. digging into each one. lulu is trading at all-time highs after its report seema mody has the details >> reporter: melissa, that is right. lululemon shares surging in after hour trade which would be an all time high here's the story the athletic apparel retailer topping the top and bottom line. the company getting a boost. meagan frank said our performance in the second quarter was driven by a strong response to our product offering improving productivity in our stores and sustained strength in ecommerce. international sales up 49% north american sales 63% wall street was very bullish on lulu channel checks from piper sandler showing strong sellouts from women's and men's apparel a pick up and growth in mirror, the company they acquired. piper is more challenged by air freight. the conference call is underway. stock, wow, up nearly 12% in extended trade melissa. >> what a move stephen, thank you nike as well as under armour are higher on the after hours session. guy adami, what do you make of this quarter >>
lululemon, rh and gamestop all on the move. digging into each one. lulu is trading at all-time highs after its report seema mody has the details >> reporter: melissa, that is right. lululemon shares surging in after hour trade which would be an all time high here's the story the athletic apparel retailer topping the top and bottom line. the company getting a boost. meagan frank said our performance in the second quarter was driven by a strong response to our product offering improving...
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Sep 9, 2021
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there was not a single miss in this by lululemon. and it has caused other areas of the market, for instance nike, to also get some pretty significant lift i bought some nike, 165 calls today, because people were jumping back in there saying, wow, maybe this trades up through tomorrow, if it does i might roll out and own it for another month or more, scott yeah, this was a blowout quarter for lululemon. i know there's a happy courtney gibson down in atlanta watching the show right now >> yes, there is, i know that to be true. lululemon price target today raised to 500, jpmorgan, 500 473, btig. 419, morgan stanley. 410 at wells stock hit a new high today, yep, the high was 434.22. steve weiss, where did you sell this one >> i sold it, i think it was in the mid-threes, around 360, so i missed out on it however, scott, to your point, which i'm sure you're going to make next, i bought dick's weeks ago, that's up close to 70%, i made more money from dick's for that short time than i would have owning lululemon for this whole period you kne
there was not a single miss in this by lululemon. and it has caused other areas of the market, for instance nike, to also get some pretty significant lift i bought some nike, 165 calls today, because people were jumping back in there saying, wow, maybe this trades up through tomorrow, if it does i might roll out and own it for another month or more, scott yeah, this was a blowout quarter for lululemon. i know there's a happy courtney gibson down in atlanta watching the show right now >>...
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Sep 22, 2021
09/21
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down he will continue working with mirror until july while lululemon searches for her successor. >>>n and jetblue claiming the union will hurt competition and lead to higher prices we are back in a moment. >>> welcome back if you are not paying attention to what is happening with energy prices in europe, you should be. prices soaring many customers are locked into their old price. they haven't felt it yet when those contracts change, it is november. could it set off political issues ahead of the commoditystrategy when these prices roll over and people in the streets start to see their bills double or triple, this will be a big political story this winter, especially if it is cold out in the last couple of weeks warning of a huge issue and that people could be freezing if this is a cold winter and with them holding back which means they'll be tapped out. it raises the issue of will we see a come back of this cold technology everyone is focused on the aggressive net zero goals. >> we'll talk about coal in a second i know prices have soared as well a lot of viewers hear and this is a hu
down he will continue working with mirror until july while lululemon searches for her successor. >>>n and jetblue claiming the union will hurt competition and lead to higher prices we are back in a moment. >>> welcome back if you are not paying attention to what is happening with energy prices in europe, you should be. prices soaring many customers are locked into their old price. they haven't felt it yet when those contracts change, it is november. could it set off political...
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Sep 9, 2021
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lululemon and rh soaring we've got 59 minutes left to go in the session. >>> coming up on the show today, commerce secretary gina raimondo making the pitch to back the reconciliation bill. she'll join us. >>> nfl season kicks off tonight on nbc when the buccaneers take on the dallas cowboys. we'll speak with the ceo of draftkings and meg tirrell has the latest on president biden's vaccine push, but mike, start us off with the market. what are we looking like today >> it's still apprehensive, somewhat twitchy tape so far today's low, we had that flurry of selling, brought us back down to about yet morning's low very, very narrow range. before we were ratcheting up this week we've been going downward this would by the fourth straight down day. getting very compressed in there. yields also arguably get very compressed it seems as if we're on alert for a bigger move, breakdown, breakout, but right now not very decisive we do have banks outperforming today. it's kind of a one thing or the other. not everything at once talking about the airlines warning and just cyclical groups in general, it'
lululemon and rh soaring we've got 59 minutes left to go in the session. >>> coming up on the show today, commerce secretary gina raimondo making the pitch to back the reconciliation bill. she'll join us. >>> nfl season kicks off tonight on nbc when the buccaneers take on the dallas cowboys. we'll speak with the ceo of draftkings and meg tirrell has the latest on president biden's vaccine push, but mike, start us off with the market. what are we looking like today >>...
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Sep 27, 2021
09/21
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really is unrivalled i find myself wearing the pants bust going out and buying other things from lululemon. it has created itself into a brand franchise that is rivaling if not selling relative to any ke >> brent darks in the context of where you think investors want to be in the months ahead at least the fourth quarter, disney, boeing, your best stocks why >> i think disney as we know hasn't done a whole lot this year over one year still a tremendous stock. i think things are setting up well for this company particularly in children becoming vaccinated here i think that's going a game changer for a lot of families that were planning park visits and other things even though despite the delta variant, visit to parks have been pretty good i think we still have that going for the company. on top of that we look to the future the company may shorten the window of time that films are available for theaters in order to really to don't capitalize on that disney plus audience. i think there are some great growth drivers for the company >> shannon, union pacific, paypal, advee. >> still looking for
really is unrivalled i find myself wearing the pants bust going out and buying other things from lululemon. it has created itself into a brand franchise that is rivaling if not selling relative to any ke >> brent darks in the context of where you think investors want to be in the months ahead at least the fourth quarter, disney, boeing, your best stocks why >> i think disney as we know hasn't done a whole lot this year over one year still a tremendous stock. i think things are...
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Sep 10, 2021
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technical perspective sometimes things go up because they were down it's really simple but secondarily, lululemon had a fantastic quarter that they printed this week. so when you have someone who had a fantastic quarter and then they came out saying, hey, we're going to do peloton apparel, you can take a look at that and say, okay, you know, there's really passionate base here something's oversold there's going to be monetary value to this, and the stock goes up. so we're looking at a trading range of about 92 to 118, so when we look at that, that's a five to one downside so right now after the run, now it's overbought, but before the run it was oversold. there's 11% short interest, though, this is not something i would want to go short, no pun intended, but it is something you have to be a little bit careful and trade the range. >> absolutely, a couple of catalysts that nadine brought up we were teasing before you know if somebody's a peloton rider, they make sure to tell you now they have apparel to make sure you really know just in time you don't get time for conversation but besides that, we
technical perspective sometimes things go up because they were down it's really simple but secondarily, lululemon had a fantastic quarter that they printed this week. so when you have someone who had a fantastic quarter and then they came out saying, hey, we're going to do peloton apparel, you can take a look at that and say, okay, you know, there's really passionate base here something's oversold there's going to be monetary value to this, and the stock goes up. so we're looking at a trading...
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Sep 24, 2021
09/21
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footlocker, under armour, lululemon, this is having an impact on countries -- companies that source overseasjust about vietnam where they make the materials but the port congestion. where is tom. does he have something to say? jonathan: looking forward to the close. leland miller joins us now. we've got to have an important conversation that i'm sure has frustrated you through the week that everyone almost exclusively have been overwhelmingly focused on whether this is a lehman moment or not. you think there should be a bigger focus elsewhere. where? leland: you have to say this is not china's lehman moment. there is not major contagion risk. china has the tools to deal with it the real signal is what there was a de-risking of the financial sector, much tighter conditions. the property sector had been in the midst of a de-risking for the last six months or so, which has created this much lower growth, much less access to capital. this is a paradigm shift for china's model. i think they see the end of the growth -- of the financial model, there is too much risk and too much use of financial c
footlocker, under armour, lululemon, this is having an impact on countries -- companies that source overseasjust about vietnam where they make the materials but the port congestion. where is tom. does he have something to say? jonathan: looking forward to the close. leland miller joins us now. we've got to have an important conversation that i'm sure has frustrated you through the week that everyone almost exclusively have been overwhelmingly focused on whether this is a lehman moment or not....
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Sep 8, 2021
09/21
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. ♪ guy: coming up, we look forward to the earnings baird lululemon, gamestop after the bell.rrow, the ecb. taylor: we do fundamentals on gamestop. hope you are watching. this is bloomberg. ♪ >> from the world of politics -- >> the ability to really prevent the impact. >> to the world of business. >> we ever stagnating rather than declining. >> this is "balance of power" with david westin. david: from bloomberg world headquarters in new york to our tv and radio audiences worldwide welcome to balance of power. joining us is abigail, you and i were just talking, maybe three days in a row down in equities. abigail: it feels more serious to any selling we have done in weeks. yesterday the pressure fell in on positive news from apple. that came out in that stock having a big win help lift us off of the lows even though it was a mixed close. today it is unclear what we could lift stocks, it has a difficult character because the s&p down -- the s&p 500 is
. ♪ guy: coming up, we look forward to the earnings baird lululemon, gamestop after the bell.rrow, the ecb. taylor: we do fundamentals on gamestop. hope you are watching. this is bloomberg. ♪ >> from the world of politics -- >> the ability to really prevent the impact. >> to the world of business. >> we ever stagnating rather than declining. >> this is "balance of power" with david westin. david: from bloomberg world headquarters in new york to our tv...
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Sep 9, 2021
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lululemon.y reported better than expected second quarter results and raised guidance for the year consumers are shopping at stores and online for things like leggings, jogging or yogging pants and sports bras. they are snapping up stretchy pants and comfortable clothes for return to the office you can catch the ceo on "squawk box" at 8:45 a.m >>> boston beer. the company pulling guidance from july as the demand for hard seltzer continues to wane. >>> stock three, gamestop. gamestop shares down 7% right now. the company's second quarter revenue did beat the street. they reported a wider loss management also failed to layout fresh details about how the company plans to transform itself into the gaming and entertainment retailer >>> on deck, democrats' length ylengthy to-do list the president's big list and there could be good news in it around taxes we'll tell you how in a moment hey, dad! hey, son! no dad, it's a video call. you got to move the phone in front of you like..like it's a mirror, dad.
lululemon.y reported better than expected second quarter results and raised guidance for the year consumers are shopping at stores and online for things like leggings, jogging or yogging pants and sports bras. they are snapping up stretchy pants and comfortable clothes for return to the office you can catch the ceo on "squawk box" at 8:45 a.m >>> boston beer. the company pulling guidance from july as the demand for hard seltzer continues to wane. >>> stock three,...
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Sep 10, 2021
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this comes after the fitness company announced the launch of its private label brand and competitor lululemonince september and first weekly gain in the last seven weeks snapping its longest weekly losing streak since its ipo in 2019. peloton riding higher. back over to you >> thank you, dom. >>> economic uncertainty weighing on stocks as the major averages finish the shortened week in the red. investors are concerned covid cases spiking at the same time inflation is causing the fed to take away easier policies. our next guest recommends portfolios focus on reopening, recovery and infrastructure. joanne sweeney with advisers capital management it's good to have you. this is kind of a risky gambit people are comfortable sticking with it and why do you think now is the time to double down on reopening? >> kelly, good to be with you. i think people need to recognize the recovery will take some time the early gains were made and now we're seeing labor growth still coming along nicely but at a slower pace. and so while you definitely want to have some exposure to the reopening trade, we want to be
this comes after the fitness company announced the launch of its private label brand and competitor lululemonince september and first weekly gain in the last seven weeks snapping its longest weekly losing streak since its ipo in 2019. peloton riding higher. back over to you >> thank you, dom. >>> economic uncertainty weighing on stocks as the major averages finish the shortened week in the red. investors are concerned covid cases spiking at the same time inflation is causing the...
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Sep 8, 2021
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the fed will be releasing the beige book report on current economic conditions we'll hear from lululemon, yes, gme, gamestop after the closing bell we'll talk more about gamestop at 6:45 a.m. eastern time. joining us for a look at the markets ahead of the open though, i want to bring in greg branch at veritas financial. good morning to you. >> good morning. >> we're trying to make sense of what feels like a bit of a repricing, greg. what is triggering it now? is everybody back and they're starting to think for the first time >> i think that a lot of things emerged from the job report we saw, which was that the workers aren't being added our availability of workers is not increasing that leads to the question of whether or not we'll continue supporting robust job growth particularly where we find the pressures most pernicious, leisure and hospitality. very robust 130 basis points increase in wages and so that is the part that the fed can control and i've been arguing for months that they should control. they can't control the fact that many of our sourcing and manufacturing economies arou
the fed will be releasing the beige book report on current economic conditions we'll hear from lululemon, yes, gme, gamestop after the closing bell we'll talk more about gamestop at 6:45 a.m. eastern time. joining us for a look at the markets ahead of the open though, i want to bring in greg branch at veritas financial. good morning to you. >> good morning. >> we're trying to make sense of what feels like a bit of a repricing, greg. what is triggering it now? is everybody back and...
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Sep 9, 2021
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lululemon, a lot of people thought it was a fad and it did quite a well sayonara, it's going to be hereoved into a consolation. >> there it is, competition. >> good lesson for people at home that just because something's really hot doesn't mean it has staying power. >> yeah, we'll keep an eye on shares of boston beers >> truly a disaster. >> it will open down perhaps such as 9% speaking of opens, we've got one coming up for you. you can catch us anytime, anywhere, and listen to and follow the "squawk on the street" opening bell podcast all the things, all around you... where you learn, work, and fly... we help make them healthier. we are the people of abm. for more than 100 years, we've been a leader in making spaces cleaner, from the things you touch to the air you breathe. today, more than 100,000 of us are innovating to ensure spaces are more efficient, healthier and safer. abm. making spaces healthier for you. >>> making our way through some of the corporate results, lulu is one of them as 165 beats 119. already we've got a price target increase over at cowen as they go to 520, jim.
lululemon, a lot of people thought it was a fad and it did quite a well sayonara, it's going to be hereoved into a consolation. >> there it is, competition. >> good lesson for people at home that just because something's really hot doesn't mean it has staying power. >> yeah, we'll keep an eye on shares of boston beers >> truly a disaster. >> it will open down perhaps such as 9% speaking of opens, we've got one coming up for you. you can catch us anytime, anywhere,...
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Sep 3, 2021
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local businesses around to gail and being replaced with lululemon and shake shack. >> everybody has acertain status. ohio state. this was an area that was filled with dive bars and old, you know, old man bars. in the university got together and spruce it up and away that it looked like any mall. i think it was to compete and attract the same type of students. >> don't get me wrong, local residents agreed that usc village, the commercial area around dl, it could use sprucing up. that should not have to mean local businesses. it should not have to mean commercial. there are a number of options in between those two areas. we are using this more in the discussion. >> towards the end of our time together, talking about the work that you do in the lab and i want to let our audience know that we are getting to some of the optimistic bits. so, i will ask you to talk about your school a little bit. i preface that by saying here we are at the university of michigan that has a complicated relationship. also the neighboring city and even more so with detroit. as a university contemplates or acts
local businesses around to gail and being replaced with lululemon and shake shack. >> everybody has acertain status. ohio state. this was an area that was filled with dive bars and old, you know, old man bars. in the university got together and spruce it up and away that it looked like any mall. i think it was to compete and attract the same type of students. >> don't get me wrong, local residents agreed that usc village, the commercial area around dl, it could use sprucing up. that...
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Sep 7, 2021
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. >>> check out lululemon shares ticking lower.morrow after the bell one trader is betting it could be about to stretch way lower. mike, what did you see >> stretch somewhat lower, maybe. i don't know about way lower but we did see puts outpacing calls on more than 2.8 times the average volume right now, it's implying that lulu could move about 6% that's in line with the 5% it's arc ave ave averaged weekly puts were the most average. the spread that expires fire spent $8.90 for a few of those buyers are risking about 2.3% on a bet the stock could finish as much as a percent lower by the end of the woeek. >> dan, how are you feeling about lulu >> just made a double top there. expectations are still high. had a massive run from the lows in may here and that range seems about right. so if they miss trading 55 times, it probably headed back down 10% mike said the implied move, what, 5 or 6% and on average, that's how much it's moved makes sense to me. i'd rather be looking up on this one. >> like downward facing dog? i don't know how m
. >>> check out lululemon shares ticking lower.morrow after the bell one trader is betting it could be about to stretch way lower. mike, what did you see >> stretch somewhat lower, maybe. i don't know about way lower but we did see puts outpacing calls on more than 2.8 times the average volume right now, it's implying that lulu could move about 6% that's in line with the 5% it's arc ave ave averaged weekly puts were the most average. the spread that expires fire spent $8.90 for a...
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Sep 9, 2021
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pfizer, merck, bristol-myers getting hit in today's session although minor declines >>> shares of lululemon and rh better today a clear theme in home and workout that continues with rh up 8% and lulu up 11 >>> all right. we have slowing growth we have covid concerns and supply chain issues. we talk about them every single day right here and now companies are beginning to warn of a potential hit to their bottom lines the airlines lowering their forecast paint makers warning of higher raw material costs and last night "mad money's" jim cramer took note of the preannouncements >> today we've seen the nasty side of earnings, the down side. they're no fun at all. and we're not prepared for the damage two venerable companies both preannounced disappointing orders hey, you know what that is they disappointed earnings top and bottom why? supply chain problems and raw cost inflation >> take a look at some defensive sectors, utilities and real estate outperforming the s&p let's bring in senior port fold yoe manager with washington crossing and hugh johnson, chief economist with gray point. gentlemen,
pfizer, merck, bristol-myers getting hit in today's session although minor declines >>> shares of lululemon and rh better today a clear theme in home and workout that continues with rh up 8% and lulu up 11 >>> all right. we have slowing growth we have covid concerns and supply chain issues. we talk about them every single day right here and now companies are beginning to warn of a potential hit to their bottom lines the airlines lowering their forecast paint makers warning of...
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Sep 3, 2021
09/21
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week goldman requiring all those entering its building to be vaccinated earnings from gast, meop lululemonw.tn@■ new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. >>> marks are playing defense. reits, utilities and staples are weaker today but heading into the long weekend with some of the best gains around. will this defensive bias stick as the month carries on maybe until the end of the year? our "trading nation team." craig and chad, welcome. craig, do you stick with the defensive bias what is it telling you is there a sector that jumps out to you >> with the speech interest powell, we started kicking the can down the road in terms of tapering rates are likely to stay lower and hence why we see the pickup in the xlu and the reit space. for my perspective i think you'll have to stick with the trade through year end and investors looking for income they pay over a 3% dividend y
week goldman requiring all those entering its building to be vaccinated earnings from gast, meop lululemonw.tn@■ new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. >>> marks are playing defense. reits, utilities and staples are weaker today but heading into the long weekend...
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Sep 9, 2021
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yeah, i'm talking about lululemon. sales up 64% above 2019. impressive market share capture.m and they're just killing it. management says they're in the early part of growth the stock shot up $40, more than 10% today, one time, one day on a new all-time high after that amazing set of data. listen, two pluses we're working at home and at work they're making comfortable fashion that can be worn in both environments they thought lulu's growth would turn off it turns out they're trailing back to the office in their lulu clothes. that caused a short squeeze. i don't think it's over. when we look at companies, particularly companies in tech and retail, the retail is not how they were doing versus last year it's how they were doing versus 2019. i like to say there's always a bull market somewhere. i promise to try to find it for you right here on "mad money." i'm jim cramer "the news with shepard smith" starts now >>> president biden swaps the carrot for the stick i'm shepard smith. this is "the news" on cnbc. >>> this is a pandemic of the unvaccinated >> get the shot or else. the
yeah, i'm talking about lululemon. sales up 64% above 2019. impressive market share capture.m and they're just killing it. management says they're in the early part of growth the stock shot up $40, more than 10% today, one time, one day on a new all-time high after that amazing set of data. listen, two pluses we're working at home and at work they're making comfortable fashion that can be worn in both environments they thought lulu's growth would turn off it turns out they're trailing back to...
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Sep 9, 2021
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biggest percent mover here to the upside is lululemon. shares of about 13% now.eat and raise quarter. they continue to be the juggernaut in this space. strong pricing power, and they seem to be unaffected by those supply chain issues. macy's getting an interesting upgrade. the folks at cowen going, upgrading to the equivalent ofbuy -- of buy. then gamestop, those earnings have come and gone. i don't know. tom: team mean coverage. thank you so much -- team meme coverage. thank you so much. all the airlines reporting. delta saying august didn't happen, but little but of a come back here. jonathan: united airlines in the last hour said he deceleration in customer bookings in the last few weeks, so seeing a little bit of stabilization apparently in the last 10 days. tom: when you are deputy director of monetary affairs at the fed, you are known to write short, sharp notes. seth carpenter has been acclaimed at doing that across wall street for years, and he joins us for his first bloomberg conversation as chief global economist at morgan stanley. congratulations on yo
biggest percent mover here to the upside is lululemon. shares of about 13% now.eat and raise quarter. they continue to be the juggernaut in this space. strong pricing power, and they seem to be unaffected by those supply chain issues. macy's getting an interesting upgrade. the folks at cowen going, upgrading to the equivalent ofbuy -- of buy. then gamestop, those earnings have come and gone. i don't know. tom: team mean coverage. thank you so much -- team meme coverage. thank you so much. all...
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lululemon hit all-time high, restoration hardware having a great day, both reported after the bell. of the messages that rich folks have money and are spending it. we'll go back to you victoria and we'll get back to you kenny. if rich folks continue to step you up how do we make money from it? >> we have confidence with the consumer. they're flush with cash. they're de-leveraging their household balance sheets. wages are up 4% year-over-year. not in some of the lower wage jobs but higher ones as well. with that outlook there are a couple of names we can use to take advantage of that one being ford. you see the demand for cores out there. there is not a a lot of supply. the ev component which i think is a revenue generator for them. look at the other side of the equation. look at shipping. we know we go into the holiday season. supply chains are strained. there is pricing power for the transportation companies. we think fedex is another name that makes sense in your portfolio. charles: kenny, we have the consumer spending part of it, that looks solid, great household balance sheets,
lululemon hit all-time high, restoration hardware having a great day, both reported after the bell. of the messages that rich folks have money and are spending it. we'll go back to you victoria and we'll get back to you kenny. if rich folks continue to step you up how do we make money from it? >> we have confidence with the consumer. they're flush with cash. they're de-leveraging their household balance sheets. wages are up 4% year-over-year. not in some of the lower wage jobs but higher...
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Sep 15, 2021
09/21
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they're getting into veered verticals like leisure wear and to complete with nike and lululemon.ng here thank you very much. appreciate it. retail sales, we have stock picks that you need to consider before the closing bell. but first david bahnsen will join us next how you can make money off the world's largest software company. here's a hint. buybacks. we'll be back. we did it again. verizon has been named america's most reliable network by rootmetrics. and our customers rated us #1 for network quality in america according to j.d. power. number one in reliability, 16 times in a row. most awarded for network quality, 27 times in a row. proving once again that nobody builds networks like verizon. that's why we're building 5g right, that's why there's only one best network. at usaa, we've been called too exclusive. because we were created for officers. but as we've evolved with the military, we've grown to serve all who've honorably served. no matter their rank, or when they were in. a marine just out of basic, or a petty officer from '73. and even his kids. and their kids. usaa i
they're getting into veered verticals like leisure wear and to complete with nike and lululemon.ng here thank you very much. appreciate it. retail sales, we have stock picks that you need to consider before the closing bell. but first david bahnsen will join us next how you can make money off the world's largest software company. here's a hint. buybacks. we'll be back. we did it again. verizon has been named america's most reliable network by rootmetrics. and our customers rated us #1 for...
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Sep 24, 2021
09/21
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we should also mention decker's outdoor, lululemon -- well, lulu's flat, but decker's down 8.5%, adee down -- adidas down 3%. what about the retail partners? foot locker, dick's sporting goods also moving lower, dick's down 2.5%, well off its lows of the session, by the way. foot locker down 7%. >>> it does lead to the question, is nike the first of what could be a long trail of companies about to stub their earnings toes as they trip over the tangled supply chain, and who might be in the clear? let's get right to the floor show and our traders. phil flynn, let's worry about nike right now. it's at $149, still up a decent percentage, about 19% year to date -- year-over-year, rather, but when you see the spillover effect from nike's revenue and earnings miss, flag our viewers on who you see being next make and where the money flows are exiting and going toward. give us a sense of what you see. >> well, we want to look at a company like a bf corporation because they have a lot of the same type of brands. they produce north face, dickies, very popular brands, but they have issues because
we should also mention decker's outdoor, lululemon -- well, lulu's flat, but decker's down 8.5%, adee down -- adidas down 3%. what about the retail partners? foot locker, dick's sporting goods also moving lower, dick's down 2.5%, well off its lows of the session, by the way. foot locker down 7%. >>> it does lead to the question, is nike the first of what could be a long trail of companies about to stub their earnings toes as they trip over the tangled supply chain, and who might be in...
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Sep 13, 2021
09/21
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saw it with restoration hardware having to delay some of their new concept stores we saw it with lululemone table because of production from vietnam. so this is a pretty pervasive problem. i think that nike's kind of expensive here if anyone would be able to source product well, it would be they, i would they, but i think that this is a real problem and so with this multiple up here, i'm trying to stay away from nike >> anybody in the group, raise your hand. i can see you all on television. got a different take on the nike tim's hand was up first. >> so, you know, my view is that karen's right and ultimately the valuation for nike around 46 times forward. far from cheap although it's a multiple over the last few years i think based upon both pricing power and again, nike will off set a lot of that production shortfall in pricing power. they'll probably net it out to minus 8 or 9%, so not as bad as you think. i just think this is a company that continues to execute in terms of innovation. their north american business to me, which again is part of what will drive those sales out of vietnam,
saw it with restoration hardware having to delay some of their new concept stores we saw it with lululemone table because of production from vietnam. so this is a pretty pervasive problem. i think that nike's kind of expensive here if anyone would be able to source product well, it would be they, i would they, but i think that this is a real problem and so with this multiple up here, i'm trying to stay away from nike >> anybody in the group, raise your hand. i can see you all on...
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Sep 14, 2021
09/21
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lululemon is increasing air freight to move product and actively looking to ship production out of vietnamatin america steve madden shifted 50% of manufacturing to mexico and brazil another strategy consumer facing brands like victoria's secret urban outfitters are ordering more product here in the u.s. to reduce the risk of delays. the longer term fix to this reoccuring supply chain issue is stw investing in robotics, and more. robots in warehouses, stores, delivery drones, fully automated planning, these are just some of the technologies that will be fully implemented by 2025 because, kelly, these big risks around disruption and challenges on the supply chain front don't seem to be going away any time soon. >> i thought it was striking that nike got downgraded on concerns about the vietnam supply chain again, you'd think the bigger you are, the better you can manage this and again the bigger you are, the more technology you'd have to manage this. if this persists into next spring, what's that telling us about everybody else and especially the small players if they're nimble because of th
lululemon is increasing air freight to move product and actively looking to ship production out of vietnamatin america steve madden shifted 50% of manufacturing to mexico and brazil another strategy consumer facing brands like victoria's secret urban outfitters are ordering more product here in the u.s. to reduce the risk of delays. the longer term fix to this reoccuring supply chain issue is stw investing in robotics, and more. robots in warehouses, stores, delivery drones, fully automated...
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Sep 16, 2021
09/21
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do you want brands like nike, lululemon? they should continue with strength then you've got the beasts people who can control their supply chains better heard about costco, target, walmart. they're going to be able to control some of that pricing pressure and delivery of actual goods. if you don't have the goods on your shelf, you can't sell it. >> guy i deviated from tradition by not going to you first because i was hoping the others would deliver a myriad of christmas analogies, metaphors, et cetera, that would drive you nuts so here we are what's your thoughts on retail here and the 100 days until christmas? >> you were successful you were so successful, i mean, you let me fester for you to adam's family fans out there in this six minutes of just hearing mistletoe and the grinch it makes me crazy. it's like 90 degrees outside i don't want to hear about the holiday season until at least november that being said, let's look at some of these trades at work i've learned three things. how long have you been doing this show now
do you want brands like nike, lululemon? they should continue with strength then you've got the beasts people who can control their supply chains better heard about costco, target, walmart. they're going to be able to control some of that pricing pressure and delivery of actual goods. if you don't have the goods on your shelf, you can't sell it. >> guy i deviated from tradition by not going to you first because i was hoping the others would deliver a myriad of christmas analogies,...
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Sep 14, 2021
09/21
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a lot of the lululemon crowd is opting out too.se wellness influencers, some with big followings, are spreading dangerous misinformation. people like evie kevish, who calls herself a "certified juice therapist," wore a shirt that says "vaccines are poison." take it from me, a certified juice therapist. where do you get certified for juice? [ laughter ] right. i have a master's degree from the university of jamba. [ laughter ] it's so nuts. imagine if you have, let's say your testicles inflate to the size of a volleyball. it happens. mostly to men. and now, you need to see somebody about it. who do you go to? a urologist? or yogachick95? your wellness consultant. here's a good rule of thumb. never take medical advice from anyone with abs. or from someone who wears natural deodorant. i've smelled how good that stuff works. and guess what? it doesn't. it doesn't. britney spears is having an eventful month. yesterday, britney announced her engagement to her boyfriend of five years, personal trainer slash actor sam asghari. i hope they
a lot of the lululemon crowd is opting out too.se wellness influencers, some with big followings, are spreading dangerous misinformation. people like evie kevish, who calls herself a "certified juice therapist," wore a shirt that says "vaccines are poison." take it from me, a certified juice therapist. where do you get certified for juice? [ laughter ] right. i have a master's degree from the university of jamba. [ laughter ] it's so nuts. imagine if you have, let's say your...
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Sep 3, 2021
09/21
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we have cue pa and caseys on tuesday, rh, lululemon and gamestop on wednesday.remember shares soared 50% on news of partnership with amazon. kroger wraps up the week on friday we're likely to get commentary on rising costs and return to grocery stores as people are concerned about delta. >>> from wild fires to hurricanes and heavy rainfall, the summer has seen it's fair share of natural disasters it's causing insurers to 'lte yss coverage and costs. wel llou what it means for businesses and individuals alike businesses and individuals alike in a and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, asap! so basically i can pick the right plan for each employee.... yeah i should've just led with that... with at&t business... you can pick the best plan for each employee and only pay for the features they need. that building you're trying to sell, ,n" - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you can close with more certainty. and twice as fast. if i coul
we have cue pa and caseys on tuesday, rh, lululemon and gamestop on wednesday.remember shares soared 50% on news of partnership with amazon. kroger wraps up the week on friday we're likely to get commentary on rising costs and return to grocery stores as people are concerned about delta. >>> from wild fires to hurricanes and heavy rainfall, the summer has seen it's fair share of natural disasters it's causing insurers to 'lte yss coverage and costs. wel llou what it means for...
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Sep 8, 2021
09/21
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we came free with hbo. [ laughter and applause athleta, "if you squint you can pretend we're lululemonat&t, "sorry -- cutting out -- repeat --" [ laughter and applause ] oat milk, "honestly we started this as a joke and then the thing just kind of blew up." [ laughter and applause adidas, "the official track suit for professional athletes and background actors in 'the sopranos' movie. [ laughter and applause also, coors light, "okay, fine we confess -- it's just as cold as every other beer. [ laughter and applause and finally, usa today, "because it's morning, and you're in a hotel. well, that's all for "tonight show" sponsors [ cheers and applause we'll be right back with "do not play." some good songs. come on back here. [ cheers and applause ♪ welcome to allstate. (phone notification) where we've just lowered our auto rates. ♪ ♪ ♪ ♪ and savings like that will have you jumping for joy. now, get new lower auto rates with allstate. because better protection costs a whole lot less. you're in good hands with allstate. click or call for a lower auto rate today. ♪ wow, that's a low price.
we came free with hbo. [ laughter and applause athleta, "if you squint you can pretend we're lululemonat&t, "sorry -- cutting out -- repeat --" [ laughter and applause ] oat milk, "honestly we started this as a joke and then the thing just kind of blew up." [ laughter and applause adidas, "the official track suit for professional athletes and background actors in 'the sopranos' movie. [ laughter and applause also, coors light, "okay, fine we confess --...
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Sep 11, 2021
09/21
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news i saw that peloton just debuted its first ever line of apparel now, when peloton people see lululemone in the streets, it's going to be like "west side story." [ light laughter ] ♪ i am excited for the new line because after you wear the clothes, you can just hang them on the peloton you never use [ light laughter ] well, get this i read that the trucking industry is divided over whether to let teenagers become interstate truck drivers it's kind of strange somehow, an 18-year-old could drive an 80,000 pound truck but has to wait seven more years to rent a toyota corolla. [ light laughter ] yeah this is exciting though, i heard this next year, a live "bridgerton" experience is coming to cities around the world fans were like, "what kind of live experience? [ laughter ] and finally, a new survey found that almost half of shoppers put healthy items in their cart just to avoid judgment at the register [ laughter ] apparently, customers check out with a grapefruit, then tell the cashier, "my car's out back, bring the bagel bites. we have a great show give it up for the roots, ladies and ge
news i saw that peloton just debuted its first ever line of apparel now, when peloton people see lululemone in the streets, it's going to be like "west side story." [ light laughter ] ♪ i am excited for the new line because after you wear the clothes, you can just hang them on the peloton you never use [ light laughter ] well, get this i read that the trucking industry is divided over whether to let teenagers become interstate truck drivers it's kind of strange somehow, an...
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Sep 7, 2021
09/21
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lululemon. i'm wearing them, by the way, my abc pants right now. >> me, too. >> very happily.top tomorrow on thu thursday, kroger on friday we were talking about it earlier, el salvador buying $29 million ahead of bitcoin as its legal currency, president's country revealing the purchase in a tweet, saying el salvador's brokers will be buying more. it marks the first country to put bitcoin on its balance sheet and hold it in its reserves. national i.d. can use and sign up and transact. $30 worth of bitcoin when they sign up in a push to speed up adoption. >> small number. >> it is a small number. >> if i were a country, i would be embarrassed. >> by 20.9 million >> yeah. when we spend money here, at least give us credit there. >> go big or go home. >> when jay powell starts buying bitcoin, it's going to move. >> right. >> it's going to move. >> i've been thinking about it the year doesn't really start january 1st. it really doesn't. >> this is it. this is it. >> it's over when we start the summer again and we can relax. we've got the summer coming. >> this is the beginning it's
lululemon. i'm wearing them, by the way, my abc pants right now. >> me, too. >> very happily.top tomorrow on thu thursday, kroger on friday we were talking about it earlier, el salvador buying $29 million ahead of bitcoin as its legal currency, president's country revealing the purchase in a tweet, saying el salvador's brokers will be buying more. it marks the first country to put bitcoin on its balance sheet and hold it in its reserves. national i.d. can use and sign up and...
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. >> lululemon. >> i am not i have a lot of men's wear. >> you bet. >> biden administration pointing immigrant visa applicants squarely on the trump administration. >> as you know, first we had a program that we inherited that was unfortunately -- about 17,000 people in the pipeline the beginning of this past year. and we worked -- uh, very aggressively, to -- start to move the program forward again. interviews for visas had not taken place in kabul going to march 2020 we started in february. dagen: young me now fox news contributor marine corps medal of honor set up dakota mayor thank you so much for being here, as always, good morning i get in a hurry sometimes, this is about the first time the biden administration tried to lay blame, on their foul-up in afghanistan disgraceful withdrawal biden himself said it was trump's deal with taliban that led to this biden led disaster was simply not true about what do you make of latest in this blame game? >> i think happening ultimately i think if you look where money is at that will tell you where -- everything is about money so i know for
. >> lululemon. >> i am not i have a lot of men's wear. >> you bet. >> biden administration pointing immigrant visa applicants squarely on the trump administration. >> as you know, first we had a program that we inherited that was unfortunately -- about 17,000 people in the pipeline the beginning of this past year. and we worked -- uh, very aggressively, to -- start to move the program forward again. interviews for visas had not taken place in kabul going to march...
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Sep 13, 2021
09/21
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FBC
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nike and bp id on supply chain concerns there removing the 177 price target another spandex maker lululemoncould not help the first day back we have to get into it. stuart: why should i be interested in spandex maker, let's move on. susan: mdm got upgraded every opening that outperformed $58.90 and without the calculator the i am, 20% upside. stuart: i would take 20%, it's about 50 that's interesting. goldman started recovering some stocks, the it initiates coverage on big internet stocks surely they have been covering amazon forever. susan: re-initiation they switch out analyst or a different research perspective, they are going by and long and recommended the top seven pics amazon and alphabet, facebook and the uber and the lift but they did see the negative on airbnb and the like. stuart: i hope you saw those were good to see some video which is a real showstopper i'm sure you saw it over the weekend. football fans in florida used an american flag to save a falling cat we have the full video and a very happy indeed by the way. violent crime up in minneapolis but the city is considering d
nike and bp id on supply chain concerns there removing the 177 price target another spandex maker lululemoncould not help the first day back we have to get into it. stuart: why should i be interested in spandex maker, let's move on. susan: mdm got upgraded every opening that outperformed $58.90 and without the calculator the i am, 20% upside. stuart: i would take 20%, it's about 50 that's interesting. goldman started recovering some stocks, the it initiates coverage on big internet stocks...
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lululemon is soaring. better than expected earnings, upbeat full year guidance.ny seeing strong demand for workout clothes even though pandemic restrictions are beginning to ease. what a year it's had. we're seeing that in these quarterly numbers. the stock right now up about 14%. we'll slip in a break. we're just getting started. chaos and confusion in kabul, the taliban reportedly allowing u.s. citizens out, despite secretary of state antony blinken admitting yesterday that the taliban is stopping flights, blocking them. we're going to get into it. the consequences of president biden's botched withdrawal, florida senator rick scott will join me. he's calling for an investigation into the administration's failures out of afghanistan. then your next trip to the grocery store could look a lot different. we'll tell you what one chain is doing in the retail roundup this morning. don't miss a moment of it. you're watching "mornings with maria" live on fox business. we'll be right back. my daughter has type 2 diabetes... and lately i've seen this change in her. once-w
lululemon is soaring. better than expected earnings, upbeat full year guidance.ny seeing strong demand for workout clothes even though pandemic restrictions are beginning to ease. what a year it's had. we're seeing that in these quarterly numbers. the stock right now up about 14%. we'll slip in a break. we're just getting started. chaos and confusion in kabul, the taliban reportedly allowing u.s. citizens out, despite secretary of state antony blinken admitting yesterday that the taliban is...