It's Tuesday, January 31st. Welcome to Market Foolery. I'm Matt Greer and joining me in studio

we've got Motley Full Chief Investment Officer Andy Cross, also of Motley Full Hidden

Gym's Fame, and we've got Matt Arger Singer from Motley Full million dollar portfolio.

Gentlemen, welcome.

Hey, hey Mac.

Glad to be here Mac.

Guys, let's get right to it.

We've got lots of earnings news and I want to start with Under Armour Maddie the stock just

getting shellacked on Tuesday weaker than expected earnings and the company announcing that

its CFO was leaving because of personal reasons.

Shylact is definitely the right word.

Anytime you're, you know, you've guided for revenue growth of 20%

and it comes in at 12% and then you guide for the following year

of growth of 11% to 12 percent when you're also

expecting 20 percent or at least the market's expecting 20 percent it's not going to be a good day

for your stock and so when I look at Under Armour you know what we have to remember this is still very much a retail story

In other words about 60% of under Under Armour's revenue still comes from wholesale sales to

department stores to sports retailers and it's been a it was a really bad holiday season

for department stores and in-store retail sales I looked at this report from

Kiplinger that in-store sales for this past holiday were up just

1.4% year over year, which is a pretty anemic growth rate for retail sales.

And so we also know that obviously traditional retail faces a lot of structural

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