how does ulta beauty continue to grow when most of us are going online to buy products? >> it starts with the category of beauty which is fun and exciting but our guests love to shop for beauty in person. she likes to smell the fragrances and look at the colors and try the products and we have services. for us about making that in-store experience. >> you're not threatened by the online experience? >> we have a gre online like crazy. for us it's about both of those things at once. >> thank you, mary. >> did you know mary dillon is also the mother of the year? >> my kids help me in that situation. >> how many kids do you have? >> i have four. really appreciate being here. come and get gifts and glam at ulta beauty. >> the eagles spent years living john, we're giving you a raise. that's fantastic! but i'm gonna pass. are you ok? honey, you got another present. no thank you, dad. who says no to more? time warner cable internet gives you more of what you and those little data hoggers want. like ultra-fast speeds up to 50 megs. that's 8x faster than dsl. this internet speed i

i would like to ask you about ulta. i've had this for almost a year, and it's up and down and up and down. i know it's a wonderful stock, but i just wondered what you thought about the future. >> you know, ulta is a stock, and ulta the company, they're two different things. ulta the company is doing unbelievably well. ulta the stock an tisz patded a lot of good news and then has been giving up a lot of the gain. i think it's just classic long-term profit taking and the stock will grow into its market cap not unlike what's happening at costco right now, where the stock stalled, but the fundamentals were so good, it's finally starting to break out. i think that's a good analogy to ulta. patrick in north carolina, patrick. >> caller: hey, jim. big charlotte, north carolina, booyah to you. >> good to have you on the show. thank you for calling. >> caller: following the election of donald trump, many large tech plates took a hit and then made a modest recovery with the exception of alibaba. could i take advantage of the rece

how does ulta beauty continue to grow when most of us are going online to buy products? >> it starts with the category of beauty which is fun and exciting but our guests love to shop for beauty in person. she likes to smell the fragrances and look at the colors and try the products and we have services. for us about making that in-store experience. >> you're not threatened by the online experience? >> we have a great online experience too. our online business is growing like crazy. for us is things at once. >> thank you, mary. >> did you know mary dillon is also the mother of the year? >> my kids help me in that situation. >> how many kids do you have? >> i have four. really appreciate being here. come and get gifts and glam at ulta beauty. >> the eagles spent years living life in the fast lane. ?? we asked people to write down the things they love to do most on these balloons. travel with my daughter. do i have to? this is a tough financial choice we could face when we retire. but, if we start saving even just 1% more of our annual income... we could keep doing all the

how does ulta beauty continue to grow when most of us are going online to buy products? of beauty which is fun and exciting but our guests love to shop for beauty in person. she likes to smell the fragrances and look at the colors and try the products and we have services. for us about making that in-store experience. >> you're not threatened by the online experience? >> we have a great online experience too. our online business is growing like crazy. for us it's about both of those things at once. >> thank you, mary. >> did you know mary dillon is also the mother of the year? >> my kids help me in that situation. >> how many kids do you have? >> i have four. really appreciate being here. come and get gifts and glam at ulta beauty. >> the eagles spent years living life in the fast lane. we will talk t ♪ ♪ ♪ take it easy take it easy don't let the sound drive you crazy ♪ >> kings of lee on playing tribute to eagles at sunday's kennedy center honors. the eagles formed in the early 1970s. then the decades that followed, the band helped define classic rock on the radio. the

the problem with ulta, i read a piece a few weeks ago that says it's ulta's world and we live in it.it's doing everything right. the valuation reflects that. at 35 times, it makes you wonder how much more these guys could do. i happen to think these numbers are great, we talked about how they're reassessing their business, we talked about how enthusiastic about taking their market share back. that's a name i would buy. >> i can't believe i'm doing this but i would agree with tim on estÉe lauder. the valuation, he made the case. risk/reward at $78 is not so bad. it has support on $76. >> you're doing well with the estÉe lauder pitch. >> i'm speechless. >> he never is. never. >> home depot has been tough for a while, that stock is okay. if you want a total flier that was down huge today but has -- >> bed bath & beyond? >> you think you know what i'm going to say. >> i don't know. and who doesn't love 20% off? >> henry bendell. >> which stock? >> why are you bringing up mist misteltoe when you're sitting so close to brian? >> risk/reward is interesting. >>> coming up, emerging markets a

not ulta, as much as i love ulta. >> no, but grow technology, big cap growth technology which has justen getting hammered. >> and i think this company's having a great quarter. let's see. >> can't wait for monday night's "mad money." >> holy cow, greg hayes. it's going -- >> i like that. i like that. >> some guys are straight shooters. i got a straight shooter president-elect, got a straight shoot shooter united technologies ceo. >> see the op-ed in the journal today saying job security in the end depends on profits. you yourself would take numbers down. >> i'd take two pennies off this. two pennies per share this monerrey move. >> off utx. >> absolutely. there's a bombardier plant right next to me my house in mexico, those jobs should have been in the united states. i think the president-elect ought to be thinking about companies not just u.s. companies but how about all these foreign companies that make benz, beamer, they make their plants here and send them up here. whatever. >> there's part of the reform of taxes includes this idea i think of an excise tax or something along those

morning if you're driving in from the altar month past it looks good from 580 -- alltel mount pass -- ulta mount pass . it looks good coming from 580. it looks good on the toll plaza coming in from san francisco. >>> oakland has declared the go ship warehouse fire a local state of emergency. that clears the way for financial help from the state and financial government to pay for the fire. it will also allow neighbors to gain money off of closures. >>> the death toll remains at 36 this morning. authorities are close to finishing their search of the warehouse. there is a 10 percent part of the building left to be searched. we report that now investigators are trying to determine how the fire started. >> investigators are focusing on a back wall of the building where appliances, specifically a refrigerator was located. authority say one person that escaped the building saw flames coming from that area. >> the fire burned at a 45 degree angle. you can definitely see a distinctive 45 degree angle on the back wall right in the area where the refrigerator was being stored. >> reporter: investiga

across the street where there was tj max and marshals and ulta and rack and all of those sorts of things, the business was pretty good. you only had to go a few hundred yards to find a customer. so will the malls go dead? no. there are 250 great malls in america. traffic will be up. earnings are going to be up. rents are going to be up. the bad news is there are 1100 enclosed malls in the america. rest of the malls have to change or die. >> and how do they change to succeed and thrive? >> you have to be more experience. so as they see some of the anchor close down, macy's closed and 100 stores have come. they have more stores to close over time. we know sears is going to eventually close a bunch of stores. the developer has to take the boxes back and figure out what to do with it n malls that are really strong, they can put in other things that want to be there. in malls that aren't, they have to redevelop and find something can you do as opposed to something you buy. so you go there because they're offering you a great movie theater, great restaurant, great bar or something. then hopefu

if you're tj maxx, ross, if you're ulta, even in order straps rack. can go 100 feet from the ball across the road, and it's pretty busy over there. you return to the mall, and it's kind of like being gosh, i don't want to say at a funeral, but very, very slow. >> you know, jan, just very quickly before we let you go, nordstr nordstrom, you mentioned were downgraded today. the stock lost about 8%. what's your opinion of nordstrom this holiday season? >> i think if you're an anchor at the mall, which nordstroms is, you're struggling a little more than other people -- other companies. so if you're nordstroms, if you're macy's, other than penny's, sears, you're struggling at the mall. and that's going across the board. so do i like what nordstroms did with rack? yes. do i like the fact that nordstroms is one of the best in the country? yes. and i like the fact they're good at customer service. but they're trapped at the mall, just like everybody else. those businesses are not doing well. >> on that note, jan, thank you. worldwide enterprises. >>> red ston

>> well, in terms of the appeasement question with ulta, the situation was quite different. and despite all of the problems with the ulta that we know, the situation that was facing czechoslovakia when faced with at tack by hitler was on a different scale. the trouble with the alta, was we had the positive feelings about uncle joe. but it was also true that the soviet union was doing the heavy lifting when it came to winning the war. the point was, and the trouble was, that the western allies and britain in particular didn't have any other options but to -- as churchill called it, sup with the devil. they had to take stalin on board otherwise you couldn't defeat the worst of the enemies, which was hitler. so at yaltaa, you had a situation where the red army had already swelt through half of the territories. the soviets had horrific losses. and it wasn't really the time to sort of say, hum, we're not going to do any deals with you any more. let's just change course. it wasn't possible at that point. and as for the presepgs about -- perception about germany not being the enemy

abigail: we have retail movers on the open, starting with ulta so long.pected third order with boards. they raised their full-year earnings and revenue growth forecast, looking at high 20% growth and earnings relative to what they were looking at, middle 20's. chen, hedes oliver says stock is expensive, but the performance is impressive and he raised his price target for the shares of ulta salon. less well in the open, we are looking at lululemon. shares are lower on a down grade over a tuce. the tough copting with other issues. with the price target by 32% to $44 a share suggesting the stock to drop 20% from here. this could put pressure on the shares of lululemon. david: we will turn now to an exclusive interview. bloomberg's editor in chief is here joined by the island prime minister enda kenny. >> welcome to bloomberg. and we start on brexit? you are the person with the best of you. you follow it closely. other the past few days, have you seen a softening in the british tell? the british seem to be saying, can we grab some bits of the target in exchan

they say the two women went in to an ulta store grabbed items and ran off.e with information should call police. >>> high speeds could be to blame for a deadly accident in sonoma county. 10:00 last night, a motorcyclist was broad sided by a pickup truck on petaluma hill road. two people in the truck were not harmed but the 21-year-old motorcycle rider died at the scene. >> we are investigating the speed of the motorcyclist as being a factor. many bay area drivers say ac transit buses are getting a free pass to break traffic laws. liz wagner joins us with what the investigative unit uncovers about red light runners. >> we obtained complaint database and found hundreds of accusations from members of the public that bus drivers are blowing through red lights. this started with a tip from a viewer in the east bay after making repeated reports to the transit agency agency he says with no resolution. he called us. >> i want to just cross my street and take my dog for a walk. he says the ac transit buses are clearly speeding, blocking cross walks and more. >> the b

you go to ulta and sephora, those stores are doing very well.tores going after the millennial customers are doing very well. you look at the zara's or h&m, they have put together products that are attracting the customers. the challenge is to have a good internet business. that's going to reduce numbers of people coming into my stores, however. how do i get the customer into my store? by creating exciting product. and i think the retailers in general that i've been a part of, we have lost our focus on creating new product and developing new and different product, and we have allowed promotional sales to be the total driving force. and that wears itself out, very quickly, that's very cancerous. >> so, allen, does that mean, if in mall is not doing well, but out of mall, discount, are premium retailers at the mall just worst of all in. >> i think zara is a mostly mall-based store or -- they have created very exciting products at very affordable prices. i think that's the -- true of anybody doing well today has unique product. and i would also say

ulta shares up more than 1400%. that's incredible. >> you have your makeup on all the time. >> i don't take it off anymore. i just walk around like this. >> so you always look your best. >> always look my best on the subway, i just looked spectacular. >> looking sharp all the time. >> thank you, courtney. >>> we're going to bring in matt boss with jpmorgan. good to have you here. you heard courtney's report. what is the best stock to buy right now as we think about going from 20,000 to 30,000? >> a lot of the themes of the past but rapidly changing for the future. so to me the consumer is being drawn to convenience and value. so the convenience is online. the convenience is amazon f you're not online and not amazon, you need to offer value. that's in the brick and mortar side, you need differentiation, you need private label, something that is only you, and you need this value. so what is winning out there is the off price sector. we're seeing tjx and burlington in the off price sector. what is also winning is the g

we've got courtney reagan covering ulta results. aditi roy is all over work day's numbers.taking a victimly lap in yesterday today after reaching a deal with carrier to keep its factory in that state running. the agreement keeps more than 1,000 jobs in the u.s. but is keeping manufacturing jobs in the country truly good for the economy? we've got a debate on this for you coming up. we've got breaking news. let's go out to andrew. >> reporter: right now, howard schultz, the ceo and chairman of starbucks announcing plans to step down effective in april, april 3rd of 2017. wall street, some of this had been telegraphed to the market but others may look at this as a big surprise. kevin johnson, the company's current president and coo will become the ceo of the company after that. kevin johnson joining the company just two years ago but has been a board member of the company since 2009. he used to be the coo of juniper networks and prior to that worked for microsoft under steve ballmer. this of course big news for starbucks across the board and may raise speculation about what h

ulta is consistent. i'm banking with mary dillon. it may not happen again, another leg up right now, but that company had a fantastic quarter. we'll never sell good companies because this stock ain't doing much right now. all right, the trump rally keeps going and going and going but next we could be the biggest yet for the post-election momentum. keep your eyes on the data and on monte pasche. just like barbra streisand, memories from the corners of my mind, see what hess's memories are. then there seems to be plenty of bull market to choose from this this trump rally, but what? a bear market. there are other opportunities lurking. i'm buying the tech sector to see if it's time to do buy. and one of my absolute favorite companies joining me tonight. don't miss my exclusive with one of the greatest oil independents in the world, similar rax. stick with cramer. [engine revving] ♪ ♪ is it a force of nature? or a sales event? the season of audi sales event is here. audi will cover your first month's lease payment on select models during

ulta salon. >> we're going to find out. they report tomorrow. let's wait to see what they do. i did like the last quarter, but the stock sold down hard. i like the company longer term, but i want to hear what they have to say. we're on the verge of hearing what the numbers are. patrick in maryland, patrick. >> caller: hey, jim. booyah. >> booyah. >> caller: shout out, finance teacher, mr. marks, and i'd like to know what you think about buffalo wild wings stock? an activist in there trying to get things going. i like the business model, but i'm telling the truth. the restaurant game is a little bit harder than it used to be because of minimum wage. i think it's okay. not as great as it was. let's go to norman in texas, norman. >> caller: yeah, jim. should i be getting in gilead now? >> it's a very expensive stock. i still prefer celgene, even up here. let's go to fred in florida, fred. >> caller: greetings, prince cramer. thank you and your excellent staff for all your great intel. i own olin at 15.86 and 22 1/2. it's up 47% year-to-date. it closed today at 26. where do you se

nicole, i don't know the ulta salon. fill me in, please.icole: salon, you make it sound so chic and europe. it's a channel chain, a big on-line presence from fragrances to cosmetics. they have prestigious names, lancombe, $200 hair tools, a flat iron or something. down to very basic makeup like maybelline. how are they doing? well, unlike the retailers like american eagle, guess, express, which really tanked this week, less foot traffic, challenging environmental, this company is up 4% today. 270 almost. it was a $80 stock mid 2014. their sales are stellar, up almost 17% in the latest quarter. the 8th consecutive double digit revenue rise, and on-line is doing so well for them. they saw online sales up 59%. stuart: i got it. nicole: that's a huge surge. stuart: i got it, i buy my hair flatners and straighteners for $12 and not $200. when you don't have as much hair you don't need. ashley: i was going to say that. stuart: facebook putting labels on news. ashley: i according to the trek crunch. this is the kind of thing you'll see quote next

in lulu, ulta another, and the off pricers. we hear about the off pricers.the way we view this, they don't have to fight their promos based on other players. you can buy a sweater at 40% off, that's a competitive advantage. >> this has surging holiday sales. i don't want to discount our segment, but i spoke with a couple of retail people, some friends, some colleagues, they said things weren't good. >> i think what we heard was the beginning of november was slow, then started hearing holiday upticking and then beyond that, right now, we're in this period which feels a like a lull. i've seen the headline on the back end when people return you get things coming back. i would be inclined to agree. >> not surging holiday sales. slumping holiday sales. to be clear. >> there are certain companies, amazon, which we won't talk about, certain companies and big companies that are seeing the sales. >> amazon wins. does that mean walmart, best buy, those guys are losing? can everybody win along with amazon in the categories where there is direct competition? >> you can

and the one i would throw in there, ulta, we spoke about last month, you have a cosmetics domesticallyrowing company, worth taking a look. >> simeon siegel from nomura institute, thank you. >>> dow still 50 points away from 20,000. the s&p is up 5, the nasdaq, 20. don peebles just met with president-elect trump at mar-a-lago yesterday. he'll tell us exclusively what they talked about and whether he thinks his fellow real estate tycoon has what it takes to lead our country. that's coming up. >>> and we're watching out for earnings from fedex and nike after the bell today. both shares are higher. nike's leading the dow today, it's been a laggard. we'll break down the results with our team of analysts before they hit the tape. stay with us. hey gary, what are you doing? oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you tol

that's why ulta salon has the same store, they like to go into the store -- >> need to get ready forut. >> exactly. do your hair, makeup and ready to go. >> all right, guys, we're going to leave it there. thank you for joining us. evan clark women's wear daily, jhronne thompson. >>> still to come, pulitzer prize winning come umist jim stewart joins us at post nine. >>> as we head to break, a look at shares of apple. they're fractionally lower this morning. the company's latest mac book pro, the one with the fancy touch bar, failing to achieve ratings from consumer reports for the first time ever because of inconsistent battery life. we'll have more "squawk on the street" in just a moment. [pony neighing] what? hey gary. oh. what's with the dog-sized horse? i'm crazy stressed trying to figure out this complex trade so i brought in my comfort pony, warren, to help me deal. isn't that right warren? well, you could get support from thinkorswim's in-app chat. it lets you chat and share your screen directly with a live person right from the app, so you don't need a comfort pony. oh, so wha

are not mall retailers, but i would say the one retailer that is probably doing very well would be ulta category. online andtheir in-store marketing is very strong. they have great products. they have a lot of newness in the store. bebe stores would be doing really well. beauty stores would be doing really well. david: time for other stories making headlines at this hour. here's taylor riggs. >> tesla motors and panasonic will start making solar cells and modules next year. panasonic will invest more than a quarter billion dollars in the project. the companies are looking at a lithium-ion factory in nevada to make energy for electric cars. for the next month consumer prices in japan have fallen. the primary gauge of inflation fell .4% in november. that underscores the challenge the central bank faces getting prices to rise. labor unions in the u.s. are bracing for tough times andre trumpet administration. employees international union is planning for a 30% budget cut over the next year according to an internal memo. campaigned to raise the minimum wage to $15 an hour. that's your bloomb

what you have from ulta, sephora, winners for the holiday season and winners for cosmetics growing. there. when you think of elle brands growing, that's important. what we're seeing this holiday season is macy's has a lot of traffic. okay. dana, thank you very much. >> dana telsey, thank you. >> i heard the word sephora yesterday, never heard of it. >> what? >> they're all over new york city. >> it's a big hit. >> for emergencies. >> anybody taking selfies, going sephora and then taking selfies. >> not only do you wear makeup, but you also cry at movies. >> only that one. andrew at "finding dory" cried. i cried, because i was watching an octopus driving a truck and didn't walk out. >> mary called. she was not -- >> yeah. >> the green screen. so cool. >> love it. >>> coming up, wheels up founder, kenny ddichter, and we'll tell you why the rails are surging and where they're headed from here. this car is traveling over 200 miles per hour. to win, every millisecond matters. both on the track and thousands of miles away. with the help of at&t, red bull racing can share critical informat

ulta is up 6% after providing an upbeat forecast. >>> starbucks stirring things up on the corporate levelw ross sorkin joins us with more on this top story of the day. andrew? >> good morning. we are in seattle this morning. howard shultz, the iconic leader of starbucks announcing he's going to hand over the ceo title. that's going to happen effective april in 2017. kevin johnson, the company's current president and coo is going to take over from howard in that role. howard shultz is going to remain at the company as the executive chairman. he's going to be in charge of the company's growth project known as reserve. we're actually in a roastry right now. this is part of the premium coffee brand. we're going to talk about that. he's also going to be responsible for continuing the social impact projects that the company is pursuing. kevin johnson of course a long-time board member of starbucks and a member of the technology community. worked at microsoft and was a former coo of juniper. the stock went down in the aftermarket after the news was announced. it's recovered. it's down about 3% r