primark continuing to deliver, isn't it? charles: absolutely.of profits 42% of sales. really the profit driver. guy: what happens next? they are pushing this internationally. italy is going to be at a challenge. how does that work? will it work? charles: it has been the big question in every country that have gone into. so far, it has worked in all of them. germany, france, spain, belgium. the two big questions are, will it work in the u.s.? they have open one store and they are about to open another five. and also in italy. i think the president is quite good in italy. do well and zara h&m do well in italy. guy: they start to get exposed to the currency story now. charles: like many of the european groups, it is a bit of a double whammy for primark. there is a lot of sourcing in dollar-related currencies, which squeezes the margin a little bit. we did see the margin fall a little bit. because they are reporting in pounds, the decline in the euro is also slightly crimping the reported growth. guy: always a pleasure. thank you for joining us from

certain categories are doing well and one of the problems is the fast fashion group, your zahras, primarkre not traded in the u.s. market or they're private. so you can't see them here in the u.s. elsewhere the other problem is a lot of energy stocks hitting new lows. chevron is not but you see what's going on this week. this is the other big decliner that we're seeing overall. many of these stocks down 6%, 7%, 8% on the week. guys, back to you. >> robert, thank you very much. bertha coombs is uptown following the action at nasdaq. >> hi, ty. we've come off the lows as well. small caps actually made a bit of a reversal. we're just modestly positive now back just below the even mark. we'll see as we head into the close, big cap tech remains a big drag, and that's what has the nasdaq 100 well in the red. cisco lowering its outlook due to slowing orders outside the u.s. that's the big drag. applied materials, despite a beat, not enough to offset those losses. in the rest of the chip sector which is down 4% this week, that's among the biggest decliners and that's really down because of apple.