2 Stocks for the Great Outdoors
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 8 December 2021
⏱️ 20 minutes
🔗️ Recording | iTunes | RSS
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Summary
Thor Industries, the dominant RV maker in North America, starts its fiscal year with a bang. Weber Grill’s 4th-quarter loss comes in smaller than Wall Street was expecting. Asit Sharma analyzes those stories as well as CEO Elizabeth Spaulding’s “multi-quarter transformation” plans for Stitch Fix.
Holiday Song - That Was The Worst Christmas Ever! by Sufjan Stevens
Transcript
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| 0:00.0 | It's Wednesday, December 8th. |
| 0:03.8 | Welcome to Market Forward. |
| 0:05.0 | I'm Chris Hill with me today, Asa Charma. |
| 0:07.9 | Thanks for being here. |
| 0:09.1 | Chris, thank you for having me as always. |
| 0:11.8 | Just because the holidays are getting closer |
| 0:13.6 | does not mean that earning season stops. |
| 0:16.1 | We've got a couple of businesses for the great outdoors, |
| 0:18.6 | but we're gonna start with the stock of the day. |
| 0:22.5 | And unfortunately, it's not for good reasons. |
| 0:25.6 | Shares of stitchfix falling 27% this morning. |
| 0:29.3 | First quarter results were better than expected, |
| 0:31.1 | but guidance for the current quarter points |
| 0:33.6 | to slowing growth and stitchfix is a growth company. |
| 0:36.8 | And we don't like when our growth companies |
| 0:38.5 | have slowing growth. |
| 0:42.0 | I want to get to some of the comments |
| 0:44.4 | from Elizabeth Spalding the CEO, |
| 0:46.6 | but just in terms of the results, |
| 0:48.9 | did anything stand out to you to the point |
| 0:52.0 | where you look at this move? |
| 0:53.5 | Look, this is a pretty big move. |
... |
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