It's Thursday March 31st. Welcome to Mark Fulry. I'm Chris Hill joining me in studio today

from Motley Full Funds, Bill Barker. Happy Thursday. Thank you. Good to be here.

Happy end of the quarter? It's exciting, isn't it?

Happier quarter as we look at at the end then it seemed to be in the middle.

Right.

Four weeks into this quarter, it was like, oh God, when is this quarter going to end but now it's like

oh it's all right up a little bit they're doing all right market did a little bit of

good during the quarter we've got some we've got the Burger Wars heating up. We're going to get to the Burger Wars and share a few thoughts

about April, but let's start with a company we really don't focus on all that much but reporting earnings this morning.

Lovato Group.

Fourth quarter profits fell 22% and the forecast for 2016, let me put it this way, when they were forecasting this year,

they talked about, they used the word challenging.

It's a challenging environment.

Anytime, I don't care what the business is, when the forecast includes the phrase

challenging environment, the reaction on Wall Street is not going to be positive and it wasn't.

The stock down about 8% this morning. This is a

pretty well-regarded brand but this has been a rough couple of years for the luxury watchmaker.

Yeah, for luxury watchmakers in general, right?

And Movada's actually done quite a bit better over the last few years than some of its larger,

better known competitors of Swatch and Fossil.

But I, do you wear a watch? No, I don't. Have you ever? Not for a very very long time.

No, I never have. I'm gonna like maybe I don't know maybe in high school or something

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