vf corp. they're experiencing the same thing. great? because weissman lowered his guidance. it was chilling. that stock was down a gigantic amount. >> i don't think back to school for the most part was as good as we thought it could be. it started late, so people were late reacting to it. labor day came late. it did cause an inventory overhanding that limited what they could do at the end september. most of these guys report in october and are very picky about the inventory they close the month with, even moving away from hot selling styles that were slow to move. it's going to work out well, and the product will be back, and it will sell through very strong going into the back half. i mean, the end of the year and the first quarter of next year. >> you did say october, mid- to high single digits. i found that a bit worrisome. these guys are not going to take inventory when their quarter is >> yeah, i mean, we don't want to be part of the emotional cadence as they put stuff in and compete at t

they talk about vf corp, doing quite yell. and under armour pausing. people are stunned about the high level departure of under armour. i think the gopro call is devastating. it's being revealed as a fad. a fad. it's a fad. that's what you think it is? >> i don't know. everyone who has a gopro -- the

vf corp, when they guided down, lots of defenses of vf corp. inventories are high throughout the system. highly unusual to see that right now given the fact that we thought back to school was pretty strong. be careful. inventories high, it's the kiss of death right now. that's a big reason why some people say q2 gdp was so good. and we're going to give some of that back in q3. >> great point. exactly what i'm thinking. the ones that have done best so far are the kimberly clarks. you don't feel that kind of pressure. pepsico, doesn't have that pressure. coca-cola. coca-cola has been doing quite well. dr. pepper has been good. these are companies that have come on strong, whereas apparel and retail has been horrendous in the last two weeks. >> and health care, of course. which you mentioned at the top of the broadcast, rolling mark was the term you used. looking at it today, the hospital stocks last week which had such a difficult time when we heard from hca, community health. hca, the volumes weren't bad. the mixed commercial versus noncommercia

by the way, vf corp.spooking the market today in terms of the higher inventory levels in general. we know that lulu had issue with their inventories in their quarter. i think they're going to move through it. i think the ath-leisure market is where you want to be. in 12 months i'll be happy i own it. between now and the enof the year i'm not sure you have a catalyst. >> steph, thank you. >> thank you. >> have a great weekend. see you next week. >> you too. bye-bye. >> josh brown, i think literally minutes before or during the first part of the show -- >> seconds before. what did you do? >> i came to get down. we have two months left. i can't be sitting with, like, two, three positions in cash. finally, the market gave me some opportunities. a couple of names popped up on my screen that are in break-out mode. let's talk about adobe first. this is a misunderstood stock right now, but the street is starting to figure it out. they had a "disappointing" quarter the other day. it pulled back. then it came right

northface has high-end products, that's vf corp. vf corp did not have a positive quarter.here was a takeaway that perhaps this high-end north face apparel was another division that did not do well. this pcompany is firing on all cylinders. a lot of great clothes. their fabric can keep you warmer. if you're a technical outdoors person, like some of my family, this is the brand. this shows you you can have double digit momentum globally and by the way a lot of this is -- you have to order well in advance. the numbers will be good next quarter. >> had a strong year already. >> david, this is about execution, that's one of my themes. it's about having the right product in the stores. about freshness. about offering a technologically positive form of clothing. you use these guys in an extreme situation as my daughter put me in recently when i went mountain climbing with her. i'm not a coward. >> no. far from it. i have some sorrel boots when i went to davos. >> the hat? >> not the hat. >> the hat. >> that's 20 years ago. >> i remember it like it was yesterday. >>> looked like d

and vf corp., owner of popular brands like wrangler, vans, and northface, reporting softer sales -- ale families with kids do. as it deals with lessening demand for workwear products. the company saw softer sales in its outdoor brands which have historically performed well for the company. vf lowering its guidance for the year. the news sent shares down nearly o'13% today to 63.75. >>> royal caribbean reporting a better than expected profit citing higher demand, lower fuel cost and more money spent by passengers on board its ships. the world's second largest cruise operator also raising its full year guidance because it expects bookings to improve for the rest of 2015. shares of the cruise line up over 3% to 98.04. >>> a printer maker, lexmark, says it's exploring strategic alternatives as it believes the current share price doesn't reflect the value of the brand. shares getting a boost from the news, up over 7% to 35.26. >>> and our market monitor for friday says there are three stocks you should consider buying right now. kevin caron's stifel private market group strategist. last time

getting cut to pieces thanks to the negative coverage not to mention the guide down last week from vf corp. as well as higher than expected inventories from underarmour and yes a disappointing earnings report from skechers. so let's start with the bull case from credit suisse. even if that bullish thesis doesn't seem to be gaining much traction right now. for starters the analysts like that the recent sell off had taken it down to different levels. then 20% outside if we go back to the target. but since then the stock has gone lower. maybe it makes it cheaper. plus credit suisse points out strong sales momentum and they expect major share in the brand underwear business. up to 10% by the end of the year. why are they so bullish? when they reported at the end of july stock got blasted and management said they plan to double the amount of places they're sold at by the end of 2015. that would be remarkable. it's worth noting that the same that upgraded a couple of weeks ago downgraded a stock at its high from buy to neutral and between the downgrade and upgrade the stock fell more than 5%. in

they talk about vf corp, doing quite yell. and under armour pausing. people are stunned about the high level departure of under armour. i think the gopro call is devastating. it's being revealed as a fad. a fad. it's a fad. that's what you think it is? >> i don't know. everyone who has a gopro -- the good model -- >> why did we consider this anything but a device system? >> the peak is when i saw the goat with the gopro on its head on the surfboard. i came back from hawaii. >> the one with 16 different cameras? >> no goat wore 16 different cameras. that was a human. they did the goat with the gopro to go past putting the pig on the gopro on the surfboard. that was it. you want bear on a surfboard? there was nothing more. that was the top. that was october. there wasn't any other animal left that you could put a gopro on. >> good lesson for the market. next book you write, that will be in there as a sign, whenever you see a goat wearing a device, short the stock. >> i was going to write about how to do a quarterly earnings call. we didn't do intrexon. >

the maker of north face vf corp missing earnings estimates on top and bottom lines.he company said it's full year profit will fall short of estimates. the stock is down by 13%. the maker of inadvice si line reporting its earnings with the company revenue exceeding estimates. the stock is up 37% over the past year including the 11% pop in trade today. >>> and state street announcing it will cut 200 to 600 jobs after reporting its earnings. the company also announced a multiyear restructuring designed to save $500 million per year. the stock falling by just over 3%. >>> today's big tech stock run, a few tech billionaires bake even more billionairistic but for a few years there was a new world's richest man who pushed bill gates off the top spot. cnbc wealth reporter robert frank is here to tell us, this is a really cool story. for a cup couple hours name the that was richer than bill gates. >> bill gates went to sleep as the second richest man in the world. he woke up back at number one. as of last night the richest man in the world was this guy, armancio jortega. he h