Woman and will be gms first female ceo ever. I like the fact that she did a lot of what al mulally did, shes rationalizing production, thats important when you have gm, a lot of brands, make a lot of different cars. One of the thing great about the Great American manufacturing companies, they rapidly realized you have to make the same thing in europe, same thing in asia, same thing in the United States, nobodys that good to have that many fractured brands. She was the one quoted as saying gm, no more crappy cars. Thats a good mantra. Right. Certainly ackermans tenure has been a successful one. Yeah. When she takes over, not clear at this point. At least i havent heard it in the various news reports. I dont know if its immediate or is it timed to coincide with the governments announcement yesterday . I imagine so. This is the beginning of what could be a big dividend cycle. Gm has done so many right things. They have such momentum around the globe, in china, in the United States, europe
Lets call it down ever so slightly and lets go to europe, of course, where the market has been open for quite some time today. You can see it has largely been a positive day for most of the markets overseas, at least in the european area. As for our road map right here, back in new york city it starts with the major indices looking to pull up and out of what has been the biggest weekly declines weve seen since august. You can scratch one name off of the candidates. Qualcomms promoting chief operating officer Steve Mollenkopf to ceo. And sams club will have a new Service Called pantry. And on mad money last night, retailers saying customers are feeling a little bit better. Lets try to avoid what would be a fourth consecutive day of losses. The dow and s p closed at onemonth lows yesterday, though still about 2 from record closing highs. We got to start with the market. People dont know all the faces you were just making. You know, friday the 13th, retail not doing that well. Okay, look,
Operator: Good day, and thank you for standing by. Welcome to the G-III Apparel Group Third Quarter Fiscal 2024 Earnings Call. At this time, all participants are in a listen-only mode.