Accommodation. The road map begins with the third best quarter ever for starbucks, and chairman and Ceo Howard Schultz will join us. We will break down the numbers and see what is brewing for the future. And amazons negative surprise as they have a quarterly loss loss hit by big spending at the company. And plus, we are an hour away for the arraignment of Steven Cohens sac capital and we will take you live to the courthouse when that happens. First up, starbucks up sharply, and the coffee chain says it earned 55 cents a share in the fiscal third. And same sales remained the same as the expanded menu offerings drove traffic and rose the year guidance and we will have an exclusive interview with the starbucks Ceo Howard Schultz, and jim, the metric of the day, 9 comps in the u. S. People it is hard to get your head around that. Well, these guys have 19,000 stores. I know, 19,000 stores, and glob globally they did fantastic and the operating margins up 25 income points and 13 increase in
So listen up. If youre going to manage your own money, you have to recognize the value of maybe one of the most important issues out there. The value of humility. So please, repeat after me. Sometimes i am going to be wrong. Come on. Say it. Sometimes im going to be surprised. And one more. Sometimes my stock picks just wont work out. Look, i of all people understand that humility doesnt come naturally to everyone. But staying humble, is important. Why . Because other than greed nothing thats cost people more money than arrogance. If you own stocks, you have to accept the fact that youre going to be wrong, perhaps even often. As the past three years have taught you painfully the house of pain your portfolio will get hit with things you never saw coming, things you never imagined, things you never thought were possible. Or to put it another way, the one thing you can be sure of when youre putting a portfolio together is that at some point something is going to go wrong and it will hit y
Im jim cramer, and welcome to my world. You need to get in the game firms are going to go out of business, and hes nuts theyre nuts they know nothing i always like to say theres a bull market somewhere mad money. You cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im just trying to save you a little money. My job is not just to entertain but im trying to educate you. Call me, 1800743cnbc. In the face of crushing declines and uproarious rallies and even sometimes just plain jane garden variety days in this market, theres a mad money toolbox to help you through and to help you become a better and wealthier investor. Tonight im cracking it open. So listen up. If youre going to manage your own money, you have to recognize the value of maybe one of the most important issues out there. The value of humility. So please, repeat after me. Sometimes i am going to be wrong. Come on. Say it. Sometimes im going to be surprised.
Im jim cramer, and welcome to my world. You need to get in the game firms are going to go out of business, and hes nuts theyre nuts they know nothing i always like to say theres a bull market somewhere mad money. You cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im just trying to save you a little money. My job is not just to entertain but im trying to educate you. Call me, 1800743cnbc. In the face of crushing declines and uproarious rallies and even sometimes just plain jane garden variety days in this market, theres a mad money toolbox to help you through and to help you become a better and wealthier investor. Tonight im cracking it open. So listen up. If youre going to manage your own money, you have to recognize the value of maybe one of the most important issues out there. The value of humility. So please, repeat after me. Sometimes i am going to be wrong. Come on. Say it. Sometimes im going to be surprised.
If you want to look at a europe look to the british pound. Its been a great short pretty much against anything. I would continue to short the british pound. I think they have big problems there. Kathy . I think im the least wit wittiest person here. The focus was on the yen throughout the past week. I think even though yen will be focused as we get the g20 final statement the rest of it will be about euro zone and euro. We have the pmi reports. Short you roadway and a break below 132. 80. Thats it for us. Your next currency trade is aund afternoon. See you next friday 5 30 p. M. Eastern time only on cnbc. Have a great weekend. Im jim cramer, and welcome to my world. You need to get in the game firms are going to go out of business and hes nuts theyre nuts they know nothing i always like to say theres a bull market somewhere. And i promise mad money. You cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im just trying