. >> coming up shares of williams sonoma and we'll break down the numbers. why shares of disney is wndo even as its orlando park is ready to reopen. "fast money" is back in two. your students inspired. and your employees closer than ever. our network is resilient. our people are strong. our job is to keep your business connected . it's what we've always done. it's what we'll always do. ♪ ♪ >>> welcome back to "fast money. we have a pair of earnings alerts williams sonoma both on the move in the after-hours session courtney reagan has williams sonoma and we kick it off with josh lipton for more on sales. >> melissa, just to dig into the sales force results and the subscription and support the software revenue where they're earning $4.6 billion in line and their consulting services and 290 million, but the forecast light versus consensus and q2 eps 64 to 66 cents. revenue, the guidance for q-2 also light and they're looking for 293 and 295 and they're looking for revenue to be up 17% and it was close to $20 opinion 7 billion and i did catch up with a crm bull.

williams sonoma. they are mall based but also 60% on line. i think they are going to have an advantage people like them selling for people to do things around the home. that includes patio and garden, inside your house, furniture, decor and all of that will happen as well as we continue to see people build up their offices. i do like those sectors better and mall based sectors less. however, on your survivor point, kohls will survive macy's will survive and nordstroms will survive and be with us on the other side. anybody else in that space, we are not so sure. we know neimans has already filed, pennies has already filed. j. crew already filed. we'll see reductions there >> we had an analyst on yesterday who said something i never thought about. which is this, when stores are closed -- even if you file for bankruptcy, you can still go on. but actually shutting down a store and ripping off the name and it goes to be empty, they are shrinking those footprints those shoppers that would go there have to go somewhere else. he suggested target coul

the williams-sonoma had been boarded up with plywood. that is now down. >> i like going to the shops if i can. it's a small little neighborhood. i would love for them to be open. >> for some retailers, the move to curbside may not be possible . the owner of duluth says it is not possible for such a tactile business to reopen. >> i could open curbside. and some could bring me something and say i need this old watch next. the vendors are notopen. >> she may be holding fo i saifhey stwon't us, wed to se consider curbside. it would only be repair, minimal repair. >> we are asking if it is too early for san francisco to reopen retail sought shops. starting on monday, the health order will allow more nonessential businesses to reopen, including offices, even strip malls. social distancing rules would still have to be in place. so this is where things stand in the bay area. san francisco is about to join napa and sonoma counties, which are already open for limited retail. we are just learning that alameda county will allow curbside pickup next

no pickups at the popular kitchenware store and on chestnut st., the williams- sonoma location is shutting its doors for good. two blocks down, photograph and frame just brought back workers this week after cutting half of their staff in march. >> i do think it will be good to have people come pick up their stuff and we do have ready-made options available for purchase which i do think will be a positive thing. >> reporter: the gradual reopening's will also begin in other counties, early next week including alameda, contra costa county and san mateo county barring any significant spikes in new covid-19 hospitalizations or confirmed cases. the only bay area county that is not allowing curbside pickup starting early next week is santa clara county. >>> oakland police are asking for the public's help to try to track down the driver involved in a deadly hit and run. this happened back in january. police have a name and now they need a tip. >> reporter: it's been four months since aisha singleton was killed in that intersection. and the man that ran her down is still at large. it was friday aft

it turns out a lot of them are not going to williams-sonoma but williamssonoma.com why? all the stores were closed for half the quarter she still delivered. pottery barn children did quite well that's just a person who is a visionary. she has seen a lot of this coming but it accelerated because of covid-19. ulta, they have got both terrific club and a dotcom it's saving them nordstrom talking much more about their dotcom that is going to keep a bid underneath that stock. if you don't have one. if you're not omni channel you're off your game paypal fantastic dan schulman had his best day ever may 1st we're in a weird moment where i'm surrounded by companies with a great omni channel or bad. the one that is most positive that no one talks about is costco, which had very good numbers but people are concerned that they spent so much money on converting their place to a less -- to a place that defends against covid. i like costco here some of these retailers are so clever you have to hand it to them. they adjusted quickly. >> yeah. there is a thought that companies are making

this includes stories that the hillsdale shopping center in san mateo like sephora macy's and williams sonoma customers can place an order online or over the phone then pull up to the curb and the staff member will bring the items out to you shopping centers like this have been particularly hard hit during the pandemic and they're eager to what customers back inside. >>mall shopping is a very hands on experience and not is the point. >>i have not seen in the last week a lot of people here. >>doing pickup there's a portion of our business where people get to walk in an experience that planted the flowers that they don't get to have they don't get to have that experience. >>retailers like blossoms flower shop tell us they're already enhancing their cleaning procedures and physical distancing protocols. so when they get the go ahead to open up and allow shoppers inside they'll be ready. >>the dmv is reopening 9 more bay area offices this week beginning on thursday customers can visit offices in corte madera. >>daly city fairfield fremont oakland coliseum pittsburgh pleasanton san mateo and santa

>>> welcome back the shares of williams sonoma rising all 616 stores were closed for more than half ofhe quarter. the online business surged revenue up more than 30% pottery barns sales were up. the ceo cited what we all know, a new found appreciation for the home joe? >> beck, thanks. >>> coming up, twitter once again taking issue with one of president trump's tweets this time regarding the developing situation in minneapolis we'll discuss his executive order against social media companies and the role of social media as we head to a quick break, here's a look at the winners and losers in the s&p 500. "squawk box" coming right back across america, business owners are figuring things out. finding new ways to serve customers... connect employees... and work with partners. comcast business is right there with you. with a network that helps give you speed, reliability and security. and enough bandwidth to handle all your connected devices. voice solutions like remote call forwarding and readable voicemail. and safe, convenient installation. when every connection counts, you can count on u

that's a longer-term story on ai and data analytics, but williams-sonoma with an upgrade on the idea that people will take their travel spending and use it in the kitchen. >> i love that that's one of the names you're supposed to sell off of good news from moderna. that's typical of what's happening. people are still afraid to go somewhere. but they still have excess money. they're not going out to dinner. they're not doing anything take some of the money, you can go to home depot or williams-sonoma website. the jenson wong nvidia upgrade stocks, reports from the 21st, it will be a blowout number. my travel trust belongs to the crowd that loves nvidia. my dog is named nvidia at the same time, again, up 20, it's like moderna. is moderna going to be up 30 today? probably if you buy it here, maybe flip it if you're a trader or short moderna because you think they're promotional, i don't know what you do i don't know i used to say there's certain things you would do, there's certain societies that say you have to stop promoting that. that stock -- >> you saw -- jim, you saw the move in s

stores, of course, those were closed, but 56% of williams sonoma sales are online already and the customers hunkered down and leaned into home good, homeware and appliances for the kitchen so that could be a benefit, too. nordstrom also has a higher proportion of sales online at about 35%. it could provide some offset, but still, we know it's in the beleaguered department store space and it already announced a restructuring so far during this crisis so it will be a mixed bag for sure tomorrow. >> quick question, courtney, a lot of the share price reaction to some of these earnings has been on the back of commentary from the calls about what the retailers are seeing post-quarter and just in the last few weeks especially the ones that were hardest hit what are you getting on that front and are there threads developing about how confident and optimistic these companies are about the reopening? >> yeah. absolutely it's always key to look forward, right, but especially now because we just finished the messiest quarter that we will hopefully ever have in retail so we care about what

williams-sonoma results topped many forecasts it posted a surprise increase.he company owns west elm and pottery barn they are benefitting from online sales. everybody couldn't go anywhere, so they worked to spruce up their homes. they are up nearly 7% in the premarket. >>> new york city mayor bill de blasio outlining the first steps to opening the five burros the first phase expected to be enacted early next month construction, manufacturing, non-essential retail should be back up and running. but the city council is pushing the mayor to include special provisions for restaurants as well joining us with a look at what that could lack like is knives napkin restaurant tour listen, it's great to have you on love your burgers. right there on 9th avenue. many other locations can't wait to go out to eat again at some point. what are you hearing about the reopening plans and bha would you like new york city to change about what you are hearing >> good morning, thanks for having me. thanks for the nice words about the burgers. we are excited to get back open when we

williams-sonoma turning of the heat, sizzling after a healthy upgrade to outperform, saying the urge to bake while quarantined, i mean, how many people were baking banana bread? okay, that's helping. a focus on home improvement continuing to strengthen the retailer stock. for those of you heading back to work, could a very terrifying bacteria be lurking in your offices? worrisome new report and the company whose phones are ringing off the hook to help stem the spread of all deadly germs as businesses reopen across the country. ecolab's ceo douglas baker joins us in a fox business exclusive next. great move on the stock. stay with us. you wouldn't accept an incomplete job from anyone else. why accept it from your allergy pills? flonase sensimist. nothing stronger. nothing gentler. nothing lasts longer. flonase sensimist. 24 hour non-drowsy allergy relief there are times when our need to connect really matters. to keep customers and employees in the know. to keep business moving. comcast business is prepared for times like these. powered by the nation's largest gig-speed network. to he

states reopen across the country, wall street is bullish on the retail sector first up, williams-sonomapgraded with a new target of $80 saying consumers are shifting discretionary spending to where they spend the time, at the home and higher end consumer they say likely will have sustained income shares up over 6%. best buy, upgraded to outperform with a $90 price tar get on it they're saying the work from home trend is here to stay and spurring electronic purchases. shares of best buy up more than 10% today. and finally dollar general and dollar tree, goldman with coverage of both with buy ratings saying that they're well positioned for the current economic uncertainty and adding as we have heard many times that they're recession proof saying growth and cash strapped consumers are positive for the names. dollar general is higher today and an outperformer and dollar tree is up more than 4%. there you have it. >>> a downgrade on square. so those shares are lower today and digital payments broadly attracting a new set of users. we will have the numbers for you next. >>> sales of michael y

this includes stores at the hillsdale shopping center, a salmon tale such as so for a macy's and williams sonomaustomers can place an order online or over the phone and then pull up to the curb and a staff member will bring the items out to you. >>the contra costa county courthouse reopen today after being closed for 2 months because of the ongoing pandemic there are extra safety precautions in place face coverings are required at all times and anyone entering court will have their temperature taken jury service also resumes with physical distancing in mind. jurors will be called in to our blocks and no more than 20 jurors can be in a courtroom at once the clerk's office will be open from 08:00am until 2 in the afternoon. martinez court records office is still closed also in the east bay, the temperatures hit triple digits in some spots during this heat wave today kron four's haaziq madyun talk with. >>first responders about what people can do to reduce the risk of starting fires as these temperatures continue to soar. >>the hot weather may be perfect for getting out for some exercise taking a l

only pottery barn saw comps negative and just down about 1.1% for the quarter shares of williams sonomaher by almost 8% back to you. >> lot of people cooking in that home thank you. >>> restaurant brands out with new numbers. american consumers are returning to fried chicken pop eye's. seeing growth of about 40% through the end of march to may. compared to being flat in the second half of march burger king and tim horton's also recovering, but not to those levels joining us now, the ceo of restaurant brands. welcome back, jose why pop eye's? why is it such a standout? >> thanks for having me. the team has done a great job of engaging with customers here in the u.s. obviously the launch of the chicken sandwich at the end of last year was a pig impact brought a new consumer to our restaurants. opened up the lunch day part the single user lunch day part, a big opportunity for the business we've had momentum since last year be w the business that we're seeing new and repeat customers. lunch is growing the drive through business was growing. we had really strong momentum and at the end of th

i need you to listen to the williams sonoma conference call last night that's the big theme of theirany. i need you to consider all those. i know the guys from her man miller best. they are fantastic they're my pick. they do have a hire in business. i like your call, you've done a lot of homework and thank you for calling in let's go to ryan in new york. >> caller: jimmy, chill he's got the will, the way to help his fellow investors get through the day. >> oh, man, tweet me that one, partner. what's going on? >> caller: hey, jimmy, not sure how you maintain the energy to do what you do, but keep it up, brother. i love your show. >> i love it because there are detractors who are trying to stop me, and that's the best way to play. >> caller: morning noon, and night. >> they inspire me, the people who love me get me going, but the real people who inspire me are the detractors because they've never met any force like this let's go to work. >> caller: my question, jim is in regards to your thoughts on goldman sachs. the stock's been on a steady climb since late march, and then after the n

includes the store that hills their shopping center and sam a tale set us up for a macy's at williams sonoma. >>customers can place an order online or over the phone and then pull up to the curb and a staff member will bring the items out that are ordered. shopping centers like these have been hit particularly hard during this pandemic and say they are eager to let the customers back inside. meantime the bay area is now nearing 13,000 covid-19 cases and has a total of 432 deaths. contra costa county saw its first death of someone under the age of 50. officials say that person was in their early 30's, but it is not clear if the victim had an underlying health condition and there has been a recent spike in cases in alameda county which is why it now leads the bay area in overall cases at almost 3,000 for the complete list of cases broken down by city and by county you can head to our website kron 4 dot com. >>it was no secret it was warm even hot throughout the bay area today it was a beautiful day though pretty sunny and it's lovely out tonight as well looking out over san francisco, san fran

lemonis: williams-sonoma, slate, citi simplicity, citi card bank.this is all construction debt, as well? sal: um...i'm not sure. that i have to look at. lemonis: do you have any personal living expenses on these cards? sal: i'm sure there is. what's the big deal about that, honestly? lemonis: i agreed to $660,000 based on what you told me. now i'm finding out, living expenses really for this -- the target card really wasn't construction, and so my number really shouldn't be $660,000. sal: i'm not 100% sure what -- the cards are not even active. lemonis: but you were 100% sure to tell me that it was construction debt. you put this paper together. sal: yeah, i mean, we needed computers and stuff. it could be. i'm not saying no. lemonis: wasabi japanese steakhouse -- $230. sal: i went out with my family. lemonis: on the company credit card? sal: on the company credit card. lemonis: now i'm paying for your meals? this isn't sitting well with me. and i feel like you're lying to me about something. -sal: i'm not. -lemonis: but i feel like that because, li

to the stores to pick up their goods in the luxury segment and in the home goods segment, the williams sonomase type of stores seem to be doing well on the rebound here as we open these shopping centers. we act as the conduit and fulfillment centers for the period of time that we were open and now we have to resfwrintrod the customer so they feel comfortable with the socialization aspect of coming back to the mall, so they make several stops during their visit and visit multiple stores while they're at the shopping centers. >> because you don't want them to just pick up their item and leave. my last question is about the valet experience which you're trying out i know in detroit, especially, that was something that you guys were starting. do you think that was gaining traction is it likely to continue or is it probably going to be abandoned and we see people just going back into the mall >> i think a couple of things. we started a lot of these services pre-covid and i think we'll continue them after. curbside delivery. so we've become, as owners and developers, agnostic as to how the transact

first of all, williams-sonoma saw a big rise in online sales, actually, up $6 this morning. that's 9%. ups has announced a new surcharge on deliveries from retailers such as amazon, target, best buy. that's because of the flood of orders they received during the lockdown. the surcharge starts on may 31st. ups down a fraction. some retail earnings for you. how about costco. they took a hit from the virus. extra costs took a chunk out of their bottom line, about $68 million out. but costco this morning is down a bit but still above $300 a share. nordstrom, another virus ice age story. sales down 40% but their ceo says they are ready to weather the rest of the storm and they gave a rosy forecast for the second quarter. nonetheless, nordstrom down 4%. >>> let's get to the great reopening. yes, it is moving forward. the states on your screen easing more restrictions as of this morning. this is what's been helping the market, the great reopening. come on in, ashley. you have numbers showing the economy is indeed bouncing back. what have you got? ashley: i do. certainly do. let's b

it has three times the market value of williams sonoma, which is pottery barn. >> let's hit disney leadingave of earnings julia has a preview of what we should be watching >> investors are looking to understand the extent of the damage from coronavirus on disney's parks division with all the parks closed, also b on its tv division with an advertise ing recession. guidance are overshadow first quarter results before the virus' full impact analysts expect earnings to drop to 89 cents per share while revenue bolstered by the acquisition of fox is expected to grow to $17.8 billion disney shares are down by nearly 30% this year. it's worth noting that over 60% of analysts have a buy or overweight rating on the stock back to you. >> and first time under the new ceo, julia, what can you tell us about what this has been like such an odd time for a ceo transition where so many of their core businesses have been hurt >> yeah. certainly a crazy time for him i do expect we'll hear from bob iger he's still executive chairman but i think it's worth noting that champion eck is going to work on his experi

williams-sonoma in the green, up almost 8%.nd finally, here's a look at what's trending on foxbusiness.com. the nba's highest paid players, steph curry tops the list for the 2019 season. most expensive beach towns in the u.s. offer luxury for a price. massachusetts and florida dominate the top five. happy marriages encourage innovation and creativity at work. when workers are happy in their marriages they have positive spillover at their work. unhappy marriage, researchers say it has the opposite evidence ebbing. there you go. maria: makes sense. all right. cheryl, thank you. meanwhile, helping the backbone of america's economy, we are looking at house lawmakers approving changes to the paycheck protection program today, giveing it more latitude in an effort to help small businesses. loan recipients only have to spend 60% of the funds on payroll as opposed to the original 75%. borrowers have 24 weeks to spend the money, up from eight weeks. the bill headed to the senate for approval. othis is something i've been railing on. i'm

then on wednesday, we will be hearing from target, l brands and william sonoma.ursday, best buy, tj maxx, the gap, ross stores and then rounding out the week, alibaba, foot locker and the buckle. very interesting to see what these folks have to say about retail and how this pandemic has really really hurt their ability to do anything because the stores have been closed. stuart: they will be looking backwards. they are not looking forwards. the call may look forward but the results will be backward-looking. ashley: yes. stuart: the guidance, that's what that's all about. i will be very interested in that because they will say how they think things are going to pan out bearing in mind a lot of stores have reopened and people are out and about over the weekend. right. we've got 30 seconds to go. the market opens shortly and if you own stocks, you are going to like what you see because we are going up, significant rally right from the opening bell. there are two factors here. clearly the recovery has begun. there is relaxation of the rules, lockdown rules in 49 of th