Puneet: Can we have a potential recession when consumers are still spending on discretionary items, like Lulu-Lulman? He says if we actually go into a meaningful back-and-consumer extending, the discretionary sector will to be impacted. Puneet: We're a little bit worried about maybe the margin compression in the next few quarters. The stock's trading around $3.62 and change. Do you have a price target here? I do. Zach Warring there is an analyst at CFRA research from Williamsburg, Virginia. Poonam Goyle, Bloomberg intelligence senior analyst for retail, joining from Las Vegas.