Are Stadium Naming Rights a Good Investment?
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 21 May 2015
⏱️ 19 minutes
🧾️ Download transcript
Summary
Lumber Liquidators suddenly needs a new CEO. What does turnaround look like for the troubled retailer? Will falling rooftop solar prices hurt SolarCity’s business? We analyze those stories, dip into the Fool Mailbag, and discuss the relative value of spending millions of dollars to brand a sports stadium.
Transcript
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| 0:00.0 | It's Thursday, May 21st. Welcome to Market. I'm Chris Hill joining me in studio today |
| 0:06.6 | for Motley Fool Rule Breakers in Supernova. Simon Ericsson and David Kutzman. |
| 0:11.6 | Thanks for being here guys. Hey Chris, great to be here. We are going to dip into the full mailbag. We're going to talk about sports marketing, the business of sports marketing, and I should say the business of sports marketing and I should say the wisdom of sports |
| 0:25.8 | marketing we'll get into all of that but let's start with this little bit of |
| 0:31.1 | news and I guess guys I should start by saying if you've ever |
| 0:36.5 | wanted to run your own home improvement business I've got some really good news |
| 0:40.7 | lumber liquidator CEO Robert Lynch resigned this morning |
| 0:45.1 | effective immediately. The stocks down 14%. This is pretty amazing because I don't |
| 0:52.2 | know about you Simon but the coverage that I read of this makes me think that nobody knew this was coming. |
| 1:00.0 | Nobody at the company, I think knew this was company it was coming. |
| 1:03.4 | It was very unexpected Chris you know just kind of when a CEO abruptly and unexpectedly resigns |
| 1:10.0 | that's normally a kind of a red flag. Yeah. |
| 1:13.0 | I would say, I mean, this is not the first problem that lumber liquidator has had. |
| 1:19.0 | I mean, you've almost got a trifectra at this point. |
| 1:22.0 | You've got a tough industry which is |
| 1:23.7 | notorious for low margins you've got just a couple months ago we saw a PR and |
| 1:28.2 | publicity problem you know with the volatile organic compounds people are worried about safety and their kids in their homes and stuff like that |
| 1:34.8 | PR problem that's like understatement. Yeah major PR yeah let's be clear |
| 1:39.3 | Lumber Liquidators has a PR problem because they have an actual problem. |
| 1:44.0 | And now on top of both of those you've got a morale problem. |
| 1:47.0 | So I you know this is either at this point just been so crunched down that it's a fantastic buying opportunity or there's just future pain for |
| 1:54.8 | shareholders but I'm personally staying away. |
... |
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