look for pvh to report a stronger quarter. it could be a barnburner. the last quarter was good, but this time they've got calvin klein and denim. and they were selling well. and the ceo decided to give across the board pay raises for employees. it's costing the company fortunes in endless training. chains. who knows what jet.com will it yield. who didn't get it? macy's and target were the two most worrisome and i think in many ways out of step this quarter. macy's is closing 100 stores, but it fits the pattern of the flailing company with no real purpose. its closures could be a boon for dave and busters, which is looking for big parking lots. how about target? this is a tough one. what can i say? after coming in hot, ceo brian cornell is now putting up the most disappointing sales, save sears. he blamed some of the outlets for the weakness, he documented, but cvs didn't squawk about it. apple? who? because many of the apple's non-cell phone targets that target sells put up terrific numbers at other stores. target seems lost in many aisles. and that's

pvh has had a phenomenal run. traded down into the 60s, so up almost 85%.re diversitied. ipod wait for a pullback, but i would own it. >> it's all about what manny says on the call. see what he says. calvin klein improving is important. >> when did you get all those tattoos? >> show that video of me. >> for more on retail, taking a look walmart. bullish bets on the giant. dan nathan has the action. >> it was kind of a quiet day in the options pits, especially as it relate to retail stocks. there was an interesting stock, call volume was 2.5 times average and appeared to be 2 20,000 of the calls basically for pennies. opening buy of 20,000 of the september 72.5 calls paying 89 cents to open. it's that $1.7 million in premium that breaks even at 73.39. what are the things that's interesting about this owning long premium directional trades like i suppose this is, in an environment we are in a holiday, the stock market is basically not moving. we have labor day coming up. really tough way to make money being long options. i want to make a point. maybe it has t

can pvh remain the star of the runway? then what feddy has to say on workday, changing the business of doing business. could this earnings report be the latest seen of a turn? i'm going to talk with a ceo fresh off earnings. so stick with cramer. >>> don't miss a second of "mad money." follow @jimcramer. send jim an e-mail at cnbc.com. 1-800-743-cnbc. miss something? head to "mad money" at cnbc.com. marco...! polo! marco...! polo! marco...! polo! marco...! polo! marco...! s?? polo! marco...! polo! scusa? with marco polo? surprising. ragazzini, io sono marco polo. s?, sono qui... what's not surprising? how much money amanda and keith saved by switching to geico. ahhh... polo. marco...! polo! fifteen minutes could save you fifteen percent or more. polo! happy anniversary dinner, darlin' can this much love be cleaned by a little bit of dawn ultra? oh yeah. one bottle has the grease cleaning power anything meant to stand a body without proper foot n support can mean pain.n. the dr. scholl's kiosk maps your feet and recommends

can pvh remain the tar of tstar runway? then what feddy has to say on friday. workday, changing the business of doing business. could this earnings report be the latest seen of a turn? i'm going to talk with a ceo fresh off earnings. so stick with cramer. >>> don't miss a second of "mad money." follow @j@jimcramer. send jim an e-mail at cnbc.com. or give us a call at 1-800-743-cnbc. miss something? head to "mad money" at cnbc.com. ss >>> if you aren't already convinced that retail's doing a lot better than we thought it was a month ago, look at the quarter from pvh, the apparel company known for calvin klein and tommy hilfigehilfiger. the company has been able to start executing this year after spending some, okay, time in the wilderness. after a beef off a $1.29 basis. tommy hilfiger grew at 3% in north america, and these numbers are better if you look at them on a constant currency basis. plus bullish the next quarter. ra the stock has had a huge run off his bottom. don't expect it to explode up. let's check in with the chairman and ceo of pvh, welcome back t

p haven't pvh is probably what i feel best about. always a bull market somewhere, i promise to find it for you right here on "mad money," i'm jim cramer, see you tomorrow! >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ who believes she has a new and improved version of a ubiquitous product. ♪ hi, sharks. my name is ivori tennelle, from irvine, california, and my product is the swilt.

the best pvh, this is a pvh tie. i like it.o it's got that added advantage. >> yes. >> i do think that you're going to hear that the inventories were so lean coming into back to school that the ordering was that good, which therefore, means that the holiday season could be good. i like what's happened. >> got it. >> let's do tesla quick here. elon musk as you know, announcing the electric automakers amped up battery. the packs should power the model s cars 0 to 60 in 2.5 seconds. musk said about the battery on tesla's conference call, take a listen. >> with this you will be able to travel, assuming it's not a super hot day or something, and you don't -- and you maintain a reasonable speed, you'll be able to travel nonstop from l.a. to san francisco. >> they're calling it the fastest production car in the world. someone said, if tesla could now make cars faster, meaning make them more quickly. >> look, it is a production issue. every time i criticize the guy i think about jay leno saying who else has made this number of cars oth

in terms of price level. >> okay. >> and your pvh is not far behind. >> pvh, oh geez.lean. regular pricing means back to school, they call pvh saying we need more shirts and ties. all right? you know, pvh, there's like they have a monopoly. well no. a ol gop think and a gigantic percentage of the ties. and shirts. so i like that call very much. i'm pounding the table on that for ages now. but remember, even like the kohls, the nordstrom, they had good numbers, they did not talk about that weary consumer. consumer goes to target is weary. >> weary? >> yeah. she is weary. not at the other place. target and macy's two problematic situations but when you go over these quarters and you listen to these merchants, and they're telling you, we do not have a lot of inventory, that means they ordered. and it's incredible. when you order, where it feeds to, pvh. people have to recognize the brands but, look. rising tide's going to lift all boats. gamestop up today. it reports. and i think gaming side of best buy wasn't that good. so people like retail. they like retail again. they

. >> i noticed a good bit of retail exposure, coach, pvh, tjx. >> the only one that's relevant is pvho me about it. >> again, you got to understand what we do. s&p is an index of 500 companies, yields at 5%, grows at 5%, sells at 17 times earnings, earns about 15% to 16% on equity and before that you're paying 17 multiple. so you got a pvh grow more rapidly in the market by a factor of two or three times. not much in the way of yield. we think a 12% grower and trading about 14 times next year's earnings. and they're doing well business wise. >> got a minute left. who's got something? >> what would it take for you to get back into apple? we got the new phone coming out. >> i'm not the expert. >> you've been in and out, right? >> let me say i have a lot of visibility and get a lot of credit, but i have a team of 16 analysts. my concern is apple's best days might be behind it because there's nothing to replace the iphone. so it's a company that generates lots of cash but may not -- may be a smaller company in three or four years. we put our money elsewhere, say google or facebook, which

last year, the ceo of pvh came on "mad money" and called the scope a disaster. we had more negative same-store sales. the only really salient story that came up involved stock market declines, notice i didn't use that code word volatility. i'm talking about out-and-out decline. this year's back to school season is so important to retail sales, absolutely crushed by the collapse of the u.s. stock market in the face of weakness that we imported from china. the spillover was terrified, as we know from the heart-stopping, i believe that rapid gut-churning decline -- both negative and positive is almost always underestimated by economists and of course by my colleagues in the media. sure job growth is better this year, but not so good that it can explain that. it was so awful that we decided that the wall was dead. in retrospect, i think the consumer might have been frozen by the vicious stock market and then thawed. things got less crazy. this past quarter showed that reports of the malls' death were indeed greatly exaggerated. looking back at where we were a year a

that news sent share down in afterhours finished the regular session down to 14.40 and pvh, which owns the tommie hill figger brand saw its profits rise. revenues that the company rose and the retailer listed its full year earnings guidance. shares rose marichally after enng 73 cents to 108.82. >>> ride hailing service uriber is now offering a new perk for some drivers. the fast growing start up is partnering with an online investment company called betterment to help employe drivn certain markets open up an ira or a roth ira without a required minimum balance. the first year will be free. silicon valley based uper says it's working with betterment to roll out the plan nationwide. >>> and also in silicon valley, coding boot camp for getting the attention d a high paying job in just a dozen weeks. and as adidi reports, s choosin programs over s are jam packed into a room sitting elbow to elbow for up to 16 hours a day. s x days a week for 12 we coding boot camp, one of dozens of schools across the country that wit student into software engineers and catapult them into high paying goog o

pvh said things are good, but g3, astoundingly bad.sell tommy hillfigure, and calvin kline, and pvh sells cal ly calvin kline and underwear. who can explain these industries? >> i think warmer weather hurt a little bit, but they claim the second half will be better, but g3 has been scalded. >> it's a bad way to feel. >> no one likes -- no one gets in the business to lose money. >> no, although plenty seem to manage to do it. >> yes. i'm waiting for bids in biotech. >> i'm looking at the broader -- let's call it fapharma. merk, pfizer, all down, cell jean's up a tiny bit. >> and yesterday, on scott wobner's show. drones are becoming par lilance now. anything chip, anything intellectual property. morgan stanley, so i'm watching the chip stocks and they are doing well and i'm watching the bank stocks. i don't know if you saw wells fargo go up 2%. >> i did. and you know how they buy more than 10% and as they buy back stock they've got a walton situation. >> it creeps up. finally apple down half a percent, what the eu wants and it's worth -

. >> also pvh. doing a lot of letters. hp, third quarter profit and revenue beat forecast on a rebound and demand for notebook pcs. company fiscal fourth quarter outlook below assessments due to weak sales of printers as businesses cut costs. >>> pvh is reporting better than expected growth. the clothing maker whose brand include calvin clien and tommy hill figger is raising guidance. i may need help with this one. you're not a millennial, but i figure you know what this company does. and we have kayla who can. >> who is good lg what this company does. >> are you? i'm not going to rely on you. i like how it's described. we're going to do some -- >> okay. that's not what i thought. it says -- okay. there it is. it's action based apparel. action based. >> right. >> it's a combination of ath leisure wear. >> i like that. >> a combination of leisure wear and athletics. >> i want to see you in some still shots in an action pose -- have you ever seen -- >> the way the models act. like they're surprised to see someone or walking

. >>> pvh better than expected. the clothing maker whose brands include calvin clien and tommy hill figger. mad money about the quarter last night. have a listen. >> you have to go with the consumer is. stores are not going away, but the last time i was on here we spoke about the fact there's too many stores in the united states. may si's to their credit stood up and said we need to close 100 stores. only about $1 billion of sales, you know, i think that will put some pressure and clearly create bottom line opportunity. those were not profitable locations. >> revenue rising 4% of relative price in the retail word. there's tilly's. shares rallying as well. and same store sales. the chain says back to school results have been mixed. it is early and well positioned for the season. >> a lot of retail stocks certainly focusing back to school season. more stocks to watch, workday posting a second quarter loss. revenue rose by more than a third beating forecast. the ceo of the business software maker speaking about the qua

and if we can flip to pvh. owner of tommy hilfiger and calvin klein. the street by a wide margin for $1.47 adjusted and revenue about in line to slightly light at 1.93 billion. looks as if pbh is above consensus currently seeing range of 6.55 to 6.65 there. however, ceo did still cite an environment of traffic and trends of u.s. stores for calvin klein and tommy hilfiger were pressured in the cities that are key international tourist destinations. still able to raise the guidance in pvh share answers higher by about 1.6%. kelly? >> thank you. to me, williams-sonoma, brand of stores, 16% when expectation is less than 2. >> remember when we were talking about eating at home versus eating out? people might need more kitchen stuff. >> a nice tray. >> maybe wedding season and all of the registry eats williams-sonoma. >> pottery barn though, that was horrible, down 5%. we know that like the one on 59th street used to be huge williams-sonoma, huge pottery barn, those are closed. >> i think the lesson has been it is impossible to generalize about a category co

denim is selling well, knits, very good time in men's and i'm wearing a tie that is a pvh tie.his is exactly the hottest selling stuff in a lot of these stores. >> right. >> traditional pvh apparel. it's calvin klein, they have 50% share in shirt and. >> i we will drill down on some of the reports out nordstrom out and jc penney. >> i like. >> talk about the broader market for a moment because one of the only benefits of getting older we were around in 1999. i was reporting. you were running a hedge fund. >> indeed running a hedge fund, talking 40, 50, 60 times earnings for cap stocks. >> stock splits that moved stocks up 20, 30%. splits. which have no fundamental value. >> no. i mean splits were something, used to think which stocks are going to split next was an issue, largest cap stock was cisco sold at 60, 70 times earnings. >> i did. we saw cisco $600 billion, microsoft, ge over 40 times earnings but three months away from the top. >> okay. >> and the nasdaq then which we've finally reclaimed 15 years later. >> look at cisco as an analog and will help people. 13 times earn

. >> this is going to be good for ralph lauren, pvh, you name it -- >> i want you to name it.'t want to name it. you name it. >> ralph lauren, p, vh, hanes brands, kate, coach -- >> i don't get all this. from boho to coach and to kate? >> because you need to buy accessories when you're wearing real clothes. you don't -- >> and hanes? >> well, hanes is going to benefit because brands are going to benefit. >> and pvh. >> i would disagree. i don't think this trend is enough to drive apparel. i don't think this trend -- i mean, we've seen this trend iterations of this trend the past several years here, i don't think it's enough to drive these stocks at this point. i think if anybody benefits from this it will be the fast fashion guys, the cheaper guys because who really wants to own this stuff long term and pay up actual money for it. >> strange what a boho top looks like, it's flouncey. >> it's patterning, yes. >> bohemian, hence boho. >> so let me get back -- so we're expecting walmart tomorrow. is target any sort of indication of walmart? are target's woes like decline in elect

the swimsuit maker owned by pvh donating $50,000 from lochte's sponsorship fee to the "save the children" charity for children in brazil. >>> you are up to date. that's the news update at this hour. >> thank you, sue herera. >>> shares of facebook, 44% in one year and barrons believes more upsite. nshg, another 20% in the next year. would you buy here or does it feel like a crowded trade? josh? >> i mean, obviously a crowded trade, but with good reason. it's become the must-own stock across technology and media. a company that essentially does everything right and strategically set up better than most other public companies. a result, a nice, fat premium in place probably for the better part of two years now. i don't know what changes that. they haven't disappointed. they haven't stumbled, and when you look at the road map ahead of them, really the only argument is, how big of a piece of television ad budgets move over to facebook in the coming years? and that's a huge ad budget, even if they capture 10% or 15% of that, the numbers, estimates forward, might actually be too low. not too h

. >> some of the other retailers, pvh up 5%. nike led the dow today and talking about that. now. great discussion, guys. brian kelly, david katz and liz dunn. >> see you later on badminton, bk. >> there is. that's my favorite by far. yeah. >> love that. >> i like the shuttlecock things. that's what it's called, sfrigt. >> yes, it is. you're welcome. >>> we have more record closes coming up. plus, facebook is hearing a word from media companies that it doesn't hear these days. no. several big media companies turning down deals with facebook for its new video feature due to unhappiness of advertising splits. coming up, we'll discuss if this could lead to bigger problems for the giant. >>> but, first, gop presidential candidate donald trump reinforcing the economic plan on "squawk box" this morning and democratic rival hillary clinton offering her own economic vision just hours later. we'll talk to recently announced economic adviser steve calk of both. you're watching cnbc. narrator: the best place to find adventure... kubo: come on, this way. narrator: ...is in the forest. ku

now juniors and young men's i am going to tell you again, a pvh read through.d through. nordstrom's trading up in advance of what they will say tonight and jc penney in advance of tomorrow. it got so bad it was hard to do -- >> right. what is it, down so low that -- >> look up to me. >> down so low it looked up to me. >> these are not stooge companies. they are companies -- i mean nordstrom happens to be one of the great service oriented companies but they were hurt by amazon. everyone has been hurt by amazon. the consumer got better, the weather got a little better. and you're going to see a read through that's a little more positive. but, you know, i'll tell you one that i'm looking at. >> please. >> kind of bizarre. >> yes. >> i'm looking at furniture. >> furniture. >> restoration and hardware. >> okay. >> lot of insider buying. stock is down from 100. $25 seemed to have held. furniture seems to be doing better. the acquisition by -- of mattress firm. earlier by stein hoff. how wayfair has come down. people are cooling, cooling on on-line buying of furniture