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MarketFoolery

A Tale of Two Retailers

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 29 November 2018

⏱️ 17 minutes

🧾️ Download transcript

Summary

Abercrombie & Fitch soars while Express falls in the face of a tough holiday quarter. Emily Flippen analyzes the apparel retail industry and shares the secret to Abercrombie & Fitch’s latest success. Plus, we dip into the Fool Mailbag to discuss the unsexy-yet-profitable world of waste management stocks.

Thanks to Slack for supporting The Motley Fool. Slack: Where work happens. Go to Slack.com to learn more.

Transcript

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0:00.0

This episode of Market Foolery is brought to you by Slack.

0:03.0

Slack is a collaboration hub for work that makes sure the right people in your team are always in the

0:08.1

loop and key information is always at their fingertips.

0:11.6

Learn more at Slack.com.

0:14.0

It's Thursday, November 29th.

0:17.6

Welcome to Market.

0:19.0

I'm Chris Hill joining me in studio.

0:20.7

Emily Flipping, in the house.

0:23.0

Thanks for being here.

0:24.0

Thanks for having me.

0:25.0

So we're going to dip it in the full mail bag.

0:26.7

We've got to start with a tale of two retailers, Abercrombie and Fitch and Express both with third quarter reports out this morning and

0:39.7

kind of like we saw yesterday with two stocks with a huge difference in their spread.

0:45.4

Abercrombie and Fitch up about 20% this morning, expressed down about 10%.

0:50.9

It was worse than that when the market first opened. I guess I mean

0:56.7

let's start with Express because any time I see a company like this, and by that I mean it's now somewhere in the neighborhood of

1:07.8

450 million dollar market cap.

1:11.1

They are struggling in what is historically a tough industry.

1:14.0

I mean, apparel retail is a tough industry.

1:17.2

And I guess my first question to you is, how bad a shape do you think Express is in right now?

1:22.6

Because just on the surface, in the wake of this report,

1:25.9

and it's not a particularly big company,

...

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