Right now and fast in the shoe dog house shares a foot lock or plummet dropping

more than 25% on an earnings miss and an outlook that wreaked more than a

teenager's sneakers after a long day of playing hopes.

Can see you're married Dylan well more than visual snow weather the

soft storm will debate that last Japan stock market doing something it hasn't

done since the Simpsons first hit the airways pretty woman ruled the box office

Wilson Phillips top the billboard charts you'll have to hold on way back

machine and later Tesla's revved up week we'll take a look at why the stock

charge nearly 7% higher is this the start of a summer surge or just a one-week

wonder I'm Melissa Lee this is fast money life and as I can mark it on the

desk tonight Karen Feinerman Kim Seymour Bono and Ison and Julie Beale and we

begin with a crushing Dave or foot locker the stock plunging 27% on scary

guidance from this retailer telling investors they are seeing a serious

consumer slow down forcing them to use aggressive promotions to clear

inventory they also flag retail theft for part of the drop in their margins

but lockers now expecting sales to fall as much as 8% for the year see

a Mary Dylan talked about the challenges this morning on squawk in the

street we skew more middle and lower income where the pressure is higher I

mean the facts in the matter that you know pressure is going to be different

depending on the household level of income so again I think we're seeing

more pressure I also am seeing some really strong signs are ready with

improvements that we're doing in our digital experience and our loyalty

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