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The weak and let the strong survive, when we merge companies to eliminate over capacity we go higher like we did today with the dow and s p closing at record highs. S p add avancing and thank you carl icahn and apple. He tweets stock goes higher. Hardly a day seems to go by without a deal of some sort a takeover because the ceos in this country are well aware of the over capacity problem in almost every single industry we follow. Today for instance we learned that the publicly traded form of ann taylor will be gobbled up by aacina. Gives a huge 21 premium will be marvelous for them because they need a higher end offering and it can save money immediately by merging the two entities. Companies talking about taking 150 million in cost but i bet david jaffee will be able to do better but figuring out which stores are winners. Thats a tough thing for anns current management to do but expected now that asna is taking it over. Thats what happened in acquisition. People are being frugal and some because of the internet taking share from brick and mortar stores. Lets face it, were over stored in this country given the lack of income, and population of savers, not spenders. This will take out access storms and help rationalize the industry. Two thumbs up way up. Or how about indo international. Just like retailers, way too many generic drug makers. All that business fighting for shelf space and market share. So shelling out 8 million in cash to snare competitors. At the same time milan is trying to buy pergo. I think milan will get pergo. Its a transaction thereby a quantum leap and most important is that this deal takes out a competitor, which should lead to the a lift in Gross Margins for the group and therefore higher priced earnings multiples for stocks. In other words well pay for more earnings down the road. We know there is take over activity with alexa paying 136 premium to where the stock went out just the day before. Can you imagine . Do you know not that the log ago we saw ad erkseve, its back to where it was so perhaps others will do something bold without worrying of hurting stock and maybe Johnson Johnson which suddenly is a red hot stock and we know is interested. Meanwhile, gilliad, billions in spare cash which is a reason the stock is breaking out over the last week. A takeover could be spectacular and seems to be piggen holed. The industry is ripe for another big deal. Gilead is a consoleationeidationconsolidation. This is until it started to see mergers like the micro combination now qurvo and cypress expansion deal and annex semi conductors and the acre session of lsi. These companies competed against each other head the to head and boy, they were just killing each other. Or to present themselves as a onestop shop after a the mergers. Thats why when i first heard that intel was in talks to buy altera a makes a ton of safe. Intel needs to open, more inl property and needs to be a bigger player in the hightech companies, not just personal commuters. I think that even if intel offer add high praise altera would be good for the Company Stock and altera balked and my colleague told me that they are talking again and insts principle to principle this is a huge deal to spur more consolidation as we learned that the vago is taking a hard look at buying altera competitors and they disappointed many times in the earnings or integrated products. It doesnt matter. How important are the deals . I dont really care for them because they are trying to kill each other to get radio Frequency Products into your cell phone but the new name to the combined entity a strange one, you knew the merger is terrific because pricing isnt an issue. The combined company is able to raise prices quite a such. Where these suppliers and cell phone parts seem to get the short end of the stick. I expect the same thing to happen to all a the deals which is why i dont mean if intel and they made inside the nose for altera. Remember, we had david al adridge the ceo on but the idea fewer competitors vying for business makes us feel like the environment will be less cutthroat. Thats good for everybody. No wonder it climbed more than 5 to 103 today, alltime high. Avago jumped 1. 8 . Wow, just last week we saw the amaze mtdment you can get from a merger when we saw Zebra Technologies that consolelated the bar code. The combined entity can charge better prices. I like all these consolidation stories because they offer upside on regards to how the market is doing and thats so important. The overall market isnt as important as the combinations thats why i believe there will be a ton of accusations of verizon verizons bid for aol. Somebody has to put together the vertical by combining grub and yub hub. Who else needs to merge . According to the wall street journal Brian Cornell from target called campbell and said to emphasize granola and yogurt. Sounds like an awful like what haynes serves up or greg angles will be selling, remember he came on this show . Both simon and greg came on and they have red hot, plantbased yogurt. Can these old food Line Companies stand there and let them take share like this . There are no longer tax restrictions on the Charitable Trust and credits rolled out a buy this morning. But, but maybe there is motivation to get the reck minute recommendation out immediately. Eyebrows raised. I know there are plenty of areas right for consolidation. Federal government might balk those days. So far we have a bad deal and buying this bg group and noble snapping up resources, you got to start somewhere. If these deals were isolated i couldnt bother and i dont think they can impact the market. When the acquisitions are thick and farranging, they do determine the direction of the average, not the dollar or Interest Rates or fed heads or whatever else going on out there, sun spots. So here is the bottom line as long as Interest Rates stay low and growth is hard to come by i think we will only see deals accelerate. Early innings, how about a somewhere between the time of the ceremonial first pitch and the top of the third, trust the guy that threw one. I ought a to know. Lets go to mike in new hampshire, mike. Caller hey, jim, thanks for taking my call. And also thanks for all your advice. You really helped me balance my portfolio. Thank you, thats what i want to do. Absolutely. Caller question for you. Spirit air, you would recommend it a couple months ago, i bought some shares and since then its dipped a few points. What do you suggest should i hold the share hold it. Understand, save has come down because people feel they arent as happy with the industry now that oil has gone back up. The industry is good. My favorite is southwest air. I dont want to get aggressive here but i do like spirit. I think they will do good. Dont sell the stock. Can i go to charles of my home state of new jersey please . Caller cramer increase the dividend eight cents to 2. 60 and beat estimates. Why is con ed down . This is a great question. I talked to one of my friends matt at real money. Com. We were astonished you could have a better than expected quarter from con ed i mean a great quarter and it meant nothing because the stocks trade together. I doesnt matter what they say the utilities all a trade together. Corey in massachusetts, corey . Caller hey, jim, how are you doing . Thanks for having me on. Im having a good day. Caller the sun is shining so im happy. Its going beyond the numbers but this generation tends to be tech savvy and i got to tell you, jim, i love the car, too, i really do tesla, longterm, a what do you think . If they make the numbers and they raise the cash that they need, then they will be fine but i think they have to spend a lot of cash and i dont know if they can make the numbers. Thats why i describe it as a cold stock. People want to own the stock no matter what i say or do. I like the cold stock of netflix. I think its terrific. I like the cold stock of amazon. I cant get my arms around tesla. Dont want to tell you to buy or sell. Were in the early innings with these mergers and acquisitions. More and more companies are getting ready to play ball and that will determine the direction of the market. Really, thats what is in charge. On mad money the Company Behind dress barn buys the parent of ann taylor. Ill see if there are more gains in store, the ceo of senior retail and starbucks announced a partnership with the player in streaming music. Its not apple. Ive got the exclusive with howard schultz, plus they both have burgers but should you take a bite of shake shack or jack in the box . Stick with cramer. Dont miss a second of mad money. Follow follow at follow jimcramer or send an email or give us a call 1800743cnbc. Miss something . Head to mad money. Cnbc. Com. Agreeing to buy ann taylor. A deal valued at more than 2. 1 million. The share is popping on that news. Weve got some huge retail news today when we learned that the Parent Company of dress barn justice, kathryn and lane bryant is buying ann, ann for 2. 61 billion in cash and stock. I have to wonder if this purchase which combines the third and ninth largest retailers in the country could be another bountiful deal. They will reduce 150 million in cost within three years and the company says it will be significantly additive to earnings within the first year after the deal closes. So should we be a buyer . Lets check in with david gaffee and find out more about this acquisition which i believe is transformative. Welcome back to mad money. Good to see you sir. Hi. 150 million. We know that shopping is spotty. After not doing that good but we can control what . Costs . Yeah, what were doing with it is leveraging off a the huge Infra Infrastructure infrastructure. Its established and running smoothly and getting savings with other brands we anticipated so we can plug and play the two new ann brands into it and thats what were doing and thats how we have identified the 150 million in savings we think will layer in over the next three years. Let me understand this. Lets Say Something made at ann taylor. You will have manufactures youre using to make this . Where is the actual manufacturer. Lets say you go to a vendor and say id like 1,000 tshirts and this is your price and go back and say 2,000, youll get a better deal. Same thing with transportation, when we send our product to the store, we do it out of one dc so instead of sending seven different trucks from seven different dcs, we are operating more efficiently now. You have the distribution covered and manufacturing. Now this brings you what i like is that there is a whole new group of people who may never been to an a a s an ascina store. Our Justice Stores for tween girls and lane bryant for large girls, which ann does not sell. There is a bit at dress barn and a bit but very very small amount weve seen in our research. Loft is what the 18 to 60. So thats Something Different for you guys to have that long arc. Fashion for every woman. Wonderful store. How is business in general . Apparel is really hard. In the time that you and i have gotten to know each other, i cannot believe how hard the apparel business is. You know what happened . There is shifting of spending to durables or yes, home depot, to home depot. Home depot, home furnishings, peep people want to redo their kitchen or living room or smart watches or smart phones. Some of the restaurants and theme parks have done well over the last couple years. But were beginning see a few green chutes so were watching it carefully but we think the consumer is starting to swing back into fashion. So when weve got great fashion at any of the brands its the fashion that is selling us not the basics. The woman wants fashion and if we do a good job, if our industry does a good job, i think shell come back. An ann taylor specifically, ann taylor is an iconic brand but has stores. Will you look at store by store and do something that maybe the other old managing cant do . Say listen, these 25 stores just arent doing well enough. We have to close them . I think management is aligned with the need to get rid of the bad stores. Yes. Reinvest in new opportunities. So weve talked about that. Weve talked about what should be closed not specifically, but that we want to invest in the future and not just kind of go sideways on stores that arent really going to go ahead. Its major for you because this is a brand, you know thats universally loved and some would say its tired. Its ready for change. Its iconic both of them. Absolutely. Thats the president and ceo of ascena. The cost that can be taken out. The sin near gees are huge for this company. Mad money is back after the break. Jack versus shack burger houses sizzle but only one is heating things up on wall street today. What should you bite into right now . Cramers recorder is coming up. Hey, what are you doing . You said you were going to find out about plenti, the new rewards program. I did. In fact, im earning plenti points right now. But youre not doing anything right now. Lily . Hes right. Sign up, and you could earn plenti points just for being a wireless customer. In the meantime, i just kick back and watch the points roll in. Where did you get those noodles . At t cafeteria. You mean the break room. At t the only wireless carrier to be a part of plenti a rewards program that lets you earn points at one place and use them at another. Shake shack and jack in the box. Two companies, they both blow away the earnings estimates last wednesday night yet shack sores. What the heck is going on here . Does the market not know jack . Welcome to the world of hopes and dreams versus the world of cold hard reality and facts. Shake shack is the 68 store hamburger chain, the restaurant which has arguably the best hamburger ive ever tasted. Last weeks numbers were impressive. Double digit sales growth plus a profit no one expected particularly and most importantly, the many short sellers who were betting against shack. On the call the company emphasized how it has a clear runway to expand how it intends to go from regional to national as quickly and best it can. Its early and the runway is huge when the company is talking about siting the first store in los angeles. They arent even in l. A. A they arent there yet . Can you imagine how many more years this company can grow like crazy . Jack in the box on the other hand is saddled with just being great. Its a Domestic Company that delivered better than expected quarters and this is no different. It gave you a huge 50 dividend boost. They yawned. People dumped the stock furiously off that good news and continue to sell it today. Now some of that is because big Portfolio Managers are getting out of domestic stocks. Jack is a total domestic play the fact that jack simply an a student that keeps getting as. Market doesnt care for that. What the market really wants are c or b students that are suddenly Getting Better grades like shake shack becoming profitable when inno one expected it. We dont care that shacks double digit numbers are on based on 13 locations and uses stores open a minimum of two years and only has 13 of those. We dont care when the companies reopen after remodelling, the flag ship location will draw away customers from existing stores in new york. We didnt care if you divide the market capitalization from the store count, the average shake shack is valued at 38 million, versus 1. 2 million for jack in the box. Are these that much better than this . Anyway, the market just cares about how blue the sky is for shake shack, how far it can fly for years with shake shack and an additional complication because the stock is so over valued. A short position is building. The short sellers were betting at the stock that tripled since coming public odd as it is. Reported last week thats worth 50 of the floater, available stock that trades has been sold short. Thats the most of any company i follow. The short sellers really misjudged the situation even though shake shack gave up the gains on thursday. The stock rebounded the next day. Its been roaring since. Thats because shake shack is a cold stock. Its become the tesla of burgers. You try one, you love it so you buy the stock. And you dont sell it just because its over valued. Just as you dont care that tesla makes as many cars in a year as ford makes in an hour and you dont care that shake shack will sell burgers at the same ratio versus jack in the box. One day more stock will indeed come in for sell when this lockup arrangement expires, but in the meantime the shorts are scrambling like they did today up 3 that allowed shake shaq tock to continue rallying. What should you do with these stocks . You know what . As far as im concerned, you can write them both out. Jack, because its now really under valued and shaq because its a cold stock. What can i say . I love the burritos too, no one cares now. They will one day. I love the shake burger and for that, ill see you at the brooklyn shake shack this week. Lets go to kelly in ohio. Caller booyah him from the queen city. My question is chipotle that has gone from 728 down to a low of 633 in four and a half months. My holding is at a loss. Do i hold sell or buy more . Cmg, chipotle is a stock that trades as you describe. It goes all the way up and comes back but never goes down to where it was before tends to never go down. There are a couple occasions where it did and each dip is a buyable dip for the patient and im urging you kelly in the queen city be patient with chipotle. Go to ha arerlin. Caller there are so many beverages out in the market and summertime is coming up. How do you feel about that knock out stock, ko is it . Its doing a good job. Doesnt have the diversified portfolio but does have stakes in Green Mountain and in monster beverage. I like the fact that hes got two calls on high growth areas and i think that it is a very good situation for those willing to take a warren buffet stock, own it and reinvest the dividend. Thats dockcocacola. Shake shack and jack in the box, one is a colt the other is under valued but feel free to bite into moth. Much more with the ceo starbucks why its partnering with the music player. Playgrounds for the wealthy may own your club. Can club corp take your portfolio above para . Brandnew edition of the lightning round. Stick with cramer. vo me . I dont just wait for a moment. I watch for the perfect moment. The one nobody else sees. And when i find it i go for it. announcer at scottrade, we share your passion for trading. Thats why we give you the edge, with innovative charting and trading features, plus powerful mobile apps so youre always connected, wherever you are. Because at scottrade, our passion is to power yours. The Retail Restaurant industries are about housespitality hospitality. Few Companies Understand this concept better than starbucks and just today we learned they are taking it to a new level. The Music Streaming Service to create one of a mind musical echo system that includes giving members of starbucks a rewards program to the ability to influence the songs they play in the store. Thats why we want to dig deeper into the partnership with howard schultz, the ceo of starbucks. Welcome back. Thank you. Im here with kevin johnson, our president and ceo, as well. Kj ill go to your first because youre in technology. You said this is the beginning of the streaming Technology Evolution of the Music Industry give us since youre i know you from the juniper days is this about a merger that involves a Technology Way of the third, of your third place and not just a drinking way . Well thanks, jim, youre absolutely correct. This is an Innovative New Digital Music experience that we are jointly developing with spotify that will be integrated into our mobile app and as you point out, we have 16 million users of the starbucks mobile app. Well create a great Digital Music experience integrated into the app that compliments the in store experience and gives the opportunity to listen to the starbucks playlists on spotify outside of starbucks stores. Howard does this mean that the beginning of how i can monetize my rewards points going beyond starbucks . Youre right. As you and i have spoken many times, longterm vision has been to extent starbucks currency from the internal use of starbucks core customers outside to other like minded companies and brands. Spotify is the first, what well do is spotify will purchase stars from starbucks and innocenting new subscribers and mentality coming to starbucks customers. This will be the first of many we believe will create yitis a significant Revenue Source but new customer wills come through other brands and other companies i. Have to admit. Ive been thinking since i heard about this your brain works fast and you know about a fly wheel, you do fly wheel think income your brain. Im trying to figure where this would extend to. Who would be logical partners who else would team up with starbucks . Well i would say, i would use the term Likeminded Companies whose Customer Base are complementary and like us. I think there are a series of verticals, i cant name names but over the course of months there will be a series of verticals that will extend beyond spotify. We thought that was the perfect first customer sequentially, one because of the high degree of millennials we have and how important music is to us and our paranert its been highlighted by music. Spotify will create and enhance the experience and to spotifys credit. They are providing a free Premium Service to over 160,000 em broiployee employees. Literally create a pro prylocal station inside every starbucks store with a highly relevant playlist. I love the music. Is it my new store. I go to the small format on wall street. Kevin, youre no stranger to duking it out with Big Technology Companies Giving your history before you came to starbucks. Obviously, youre affiliating not with apple but spotify. At one time i would go to starbucks and you cold cds, is this a changing of technology to a new format or also a battle against another company that streams music . Well jim, certainly it is the evolution of technology with the mobile internet and connectivity Digital Music is shifting from downloads to streaming and spotify is the industry leading provider of streaming music. Certainly, as we evaluated the alternatives to partner on this, what spotify brought was a completely unique custom develop solution that will be integrated into the starbucks mobile app and thats why we went with them. Okay. Howard, i think a likeminded company could be in your industry. I know we think that whole foods is a likeminded company. We think chipotle is. Are we talking more netflix where i watch a movie with my charging table at my new starbucks . Jim, youre getting way ahead of me as you usually do. I cant go any further than this. I can only tell you that we believe that currency will be highly relevant to many Company Whose are looking to create increates. I dont want to be coil. Youll have to wait and see. There is lots of companies and industries we believe are relevant to stars currency. We cant talk quarter because were in the middle of it but im getting great reports, china is doing better for other food and restaurant companies. Are you seeing china better . I dont know how it can get better. We had 14 last quarter, majority from traffic. If we continue on that track, we would be very pleased but we just crossed over 1600 stores in 80 cities in china and our China Business continues to be strong. Gentlemen, thank you for sharing this with mad money. Howard schultz, chairman and ceo and thank you so much guys. Great to talk to you. Mad money is back after the break. Can it make a dentist appointment when my teeth are ready . Can it track my crews performance, and protect their heads . Can it tell the Flight Attendant to please not wake me this time . At cognizant, we see opportunities for every company. To meet the new digital demands of their customers. Can it process my Insurance Claim . Like, right now . Can it download a track while im sampling it . Can my keys find me . With the power of digital, analytics and automation now every little thing can provide even greater value. Ok, so can it tell the doctor how long you have to wear this thing . The answer is yes, it can. So, the question your customers are really asking is can your business deliver . Older son father hes doing it again father jebidiah, i told you its dangerous jebidiah but pa, im planning my retirement dont be afraid of technology. Use futureadvisor. The Award Winning platform that analyzes your portfolio and recommends Investment Decisions to help you retire sooner. Signing up Takes Minutes and the advice is free. Join over 250,000 americans and start on your path to retiring sooner today by going to futureadvisor. Com. Smile. Yeah dont forget to smile. Have to smile. None of that serious stuff. Step and throw, baby. Step and throw, step and throw. And now, ladies and gentlemen, the phillies welcome philly native and lifelong phillys fan, jim cramer. [ applause ] [ cheers ] that was a lot of fun. I want to thank everybody in the Philadelphia Phillies organization that helped make this happen. As a philly guy it made me incredibly proud but not like i just showed up and threw that screaming fastball. That took weeks, years of training. Luckily my staff was able to document my incredible regularoutine. Take a look. This is what i call a teachable moment. Inappropriate balloon moment im going to try again. Sometimes it seems like this thats why all week. All right. That was awful. Stay with cramer. Pretty extreme, right . Now its time it is time for the lightning round. Buy, buy buy sell sell sell play this sound and the lightning round is over. Are you ready . It is time for the lightning round. Cramers mad money. Start with terry in california terry . Caller booyah, jim, how is it going . Not bad, how about you . Caller okay. I havent bought them but im thinking about stone energy. Go with a better bottom than that. We got great growth there even though it is known as a the franker. Lets go to bart in wisconsin, bart . Caller hey, big wisconsin badger booyah to you. I like the badgers. They come to play all the time. Caller some years ago i called in about bc trading in the 20s. You didnt have a good opinion of the stock then. Now the stock is trading in the 50s. Are you of the same opinion . Be able to learn more about it and started recommending it very consciously and heavily. Just met with management again recently. Brunswick is a buy. I need to go to texas now. Caller hey, jim, thank you for taking my call. My question is on lumber liquidators. Im nervous because its hard to come back from national negative publicity. Im watching urban national outfitters. It doesnt look good but that might be one you can go and buy. Its down that doesnt have an intractable problem. I need to go to mark in wisconsin, mark . Caller , jim, congratulations on your major league debut. Thank you very much. Caller my stock is in the lng sector ticker glog gas log by sell or hold . Anything moving around, im now in favor of giving them worldwide problems. They need it. Were fazephasing out in china. John . Caller im a longtime listener, first time caller. I like your opinion on silver wheaten. Were not a silver buyer. If we have to own stock, well own ran gold. John in florida, john . Go ahead john youre up. Caller hey jimmy, great day, booyah to ya. Nice. Caller reality income. I like it. I need to go to eric how are you. Caller good, how are you . Real good today. Whats up . Caller congratulations on your marriage. Im joining the club in july. Thats a nice club, i got to tell you. Im happy. The wife is all right with it so far. You know, i as a former restaurant person know miguel i, my ears perked up when i heard the break up of ntw. And they should because i think the two are worth more than one. The stock is down. The reason its down frankly is because the crane business isnt that good but were okay with and that is the conclusion of the lightning round. The lightning round is sponsored by td ameritrade. Like a custom screener on your desktop, that updates to all your devices. And you can share it with one click. Wow. How do you find the time to do all this . Easy. We combined every birthday and holiday into one celebration. different holidays being shouted back to work, guys i love this times of year. For all the confidence you need. Td ameritrade. You got this. Just because im away from my desk doesnt mean im not working. Comcast business understands that. Their wifi isnt just fast near the router. Its fast in the break room. Fast in the conference room. Fast in toms office. Fast in other toms office. Fast in the foyer [pronounced foyyer] or is it foyer [pronounced foyyay] . Fast in the hallway. I feel like ive been here before. Switch now and get the fastest wifi everywhere. Comcast business. Built for business. All right. The rich get richer. Just a fact, not a piece of social commentary. You can complain justify, get political about it but perm ly personally, i hope you make money of it. Truth it, its here to stay and any kind of longstanding trend is something you and i have to try and profit from which brings me to club corp. The Worlds Largest owner of private clubs with 160 golf clubs, 49 businesses sports alumni clubs across 26 states not to mention a few properties in mexico and china. This one is more about playgrounds for the wealthier. Club corp is all for existing clubs and then acquiring them to expand the presence to the point they have a Membership Program that lets customers that belong to one club get limited access to the other properties in the region. Club corp report add a Strong Quarter at the end of problem. The country and golf club members, management raising the full year guidance thats why the stock rallied nearly 20 and fallen another 7. 5 . I wouldnt be surprised if there is more room to run and a big secondary and snapped up by everyone. Lets look with eric the president and ceo and learn more and prospects. Welcome to mad money. Great to be here. Have a seat. A lot of people arent familiar with your mod and will maybe the people who are, maybe saw your road show that was successful or belong to the a club. Lets say i belong to a country club with a good golf course and i hear club corp is going to my my company, what happens . We hope you know a little about us. Were the oldest of our type. Club corp was founded in 1957 and creating the modern Club Management industry and were in the process of reinventing the Club Industry so hopefully you heard a little about us. A club corp taking over from the current owners what would expect to see within the next 18 months . We would typically come in and do focus groups to hear what it is you want out of your club because we tend to buy under capitalized or under managed clubs in many cases. Often from people who are unnatural owners they might have been lenders, could have been other investors who bought a club as a lark or in some cases, equity clubs tired of having assessments and want somebody to provide capital so they dont have to pay for the improvements with the professional management we provide. The golf business itself, some say its wayning. Its one of those thing ifs you say an nfl Football Team has a bad year that doesnt mean the nfl is bad. So weve had golf retailers or retailers in general reporting a bad quarter. That spills over to us. Our business is membership. 46 of our total revenues come from dos. Were in the business of creating space for you, your family and friends to get together and do a lot of things not just golf. How about this one program that gives access to other things i wouldnt have if club corp doesnt buy. One is Optimal Network experiences. As you pointed out, internationally and for modest dues we give you the ability to travel around the country and access these clubs and in addition this is a real quicker, weve given you 50 off your home club food. If you take your family out to eat a couple weeks a night or month, its just as attractive financially to go to your own club where Everybody Knows your name. Absolutely. I looked at this and i was thinking about the theme parks cedar fair and six flags and they are limited partnerships. Couldnt you be a Real Estate Investment trust . We had a lot of people encouraging us to look at that. We own over 25,000 acres of land but our model is really driven by core organic growth reinventions reinventing the clubs we own and acquisitions and really felt at this stage in our life cycle we would be inhibited from pursuing acquisitions to look at that structure. Is there any tension, lets say im a member of a club and happy it has x numbers, you want to get the membership up you said so. Maybe i dont want a lot of new members. Its an interesting dilemma. Its ex clusclusivity and loneliness. I dont have to call for tee time but im assessed for the new clubhouse. Were going to put money into your club. Were definitely going to try to grow membership but in many cases, we came in and reduced dues when we come in because your club might have had a dues line for capital assessments, were going to wipe that out because we have a strict no assessment policy. Last question are you in when you buy a highprofile club, i mean can it be something the next thing i know i see on the pga that would never be on the pga . That intrigued me. Firestone country club is a portfolio many years and features championship. We held an event, the pond championship, which used to be the craft nibsco and used to host a former senior event called country club of the south. We have clubs from entry level to super highend and that adds a lot of value to you as a member because whether you belong to an entry level club or the highest end in our portfolio, you can access all of them. Interesting company. Wish there were more. Thats the president and ceo of club corp symbol my country club, mycc. Mad money is back after the break. I like this. Theres some facts about seaworld wed like you to know. We dont collect killer whales from the wild. And havent for 35 years. With the hightest standard of animal care in the world, our whales are healthy. Theyre thriving. I wouldnt work here if they werent. And Government Research shows they live just as long as whales in the wild. Caring for these whales, we have a great responsibility to get that right. And we take it very seriously. Because we love them. And we know you love them too. First, i want to thank jen here and frac and kyle for letting me practice every night with the sports team and the skipper of the dbacks and chase utley for spending time with me and mike smidt. I cant believe you talked to me. That shows how fabulous life can be. Urban outfitters, disappointing. Starbucks, no reason to buy the stock. You buy the stock because the company is doing well which it is. There is always a bull market somewhere and i promise to help you find it here on mat money. Im jim cramer and ill see you tomorrow. Lemonis tonight on the profit. That was freakin awesome. A baseballnovelty business based in coopersburg pennsylvania has struck out with their key Major League Baseball clients. You dont even know what you have in here. And the stubborn owner. Its toxic in here. Who has a hard time letting go of the past. Honestly, you cant be in this business anymore. Scott ive been doing this for 25 years. Lemonis if i cant change the focus of this allamerican business. If you dont evolve, you will die. Wendy [ voice breaking ] you know, i worry about his sleepless nights his stress. Lemonis . Then it may just be game over. Scott cowboy up. Lemonis my name is marcus lemonis, and i fix failing businesses. If you dont like money, dont follow my process. I make the tough decisions. Were closing the store. Were done

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