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Q&A couple of minutes -- do you wanna let you know so far no comment from RR Donnelley the financial printer who.
Put out those numbers which again unclear -- accurate.
Right shares of -- -- are down over 8% in October David Einhorn expectations.
That it will seem more competition from taco now but my next guest is bullish on CMG and rates it has an outperform.
Joining me now from Westlake securities act with the analyst nick -- -- on thank you so much for joining us.
So what do you think -- it and indeed -- essentially take this stock do you think it was act thirty think he created a buying opportunity for other people.
I certainly think it's a buying opportunity I think that.
An expectation going to record about 5%.
Since -- sales growth -- -- -- very realistic.
Are -- through Q3 can very solid.
I actually think that we'll have at least 5% comp we get order -- More about that -- what do you guys do -- -- channel checks and what did you find.
You know we have -- detects about about time for sun.
US stores and geographically balanced Wexner.
There you know actual store concentration we do -- twice reportedly found that there was very little impact.
Amid talk about -- -- in fact I think there's a couple of things that people have not emphasize enough number one.
The marketing spending into two wreck before -- -- the stock -- It was actually the lowest level since since 2008.
We're actually gonna have the highest marketing spending Q3 of this year sense school going back -- again 2000 and I think that's really -- -- -- you've obviously been doing your homework and I'm sure you still -- questions what would you ask and there are calls.
Well the first thing is that I'd like to get a get a lot more clarification on on the impact from marketing.
In -- -- for example in September of this year we had.
Festival this whole -- go to Chicago.
Last year as it was in October so if you force of the this year we would have had would definitely would have had.
A nice benefits.
In Q3 from that second question I would ask is about pricing that's expectations -- made I think in the future.
As -- get into some some commodity inflation live this year and and early next year.
-- what is your target on the stock.
I might tiger has about 350 dollars OK nick thanks for coming -- we appreciate your insight.
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