Attention Walmart Shoppers!

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4.7 • 1.7K Ratings

🗓️ 16 August 2018

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Shares of Walmart pop after the retailer reports its strongest same-store sales growth in a decade. J.C. Penney plummets on bigger-than-expected losses. And China’s second-largest e-commerce company, JD.com, loses steam on revenue concerns. Analysts Andy Cross and Ron Gross weigh in on those stories and take stock in the future of retail.

Transcript

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0:00.0	This episode of Market Foolery is brought to you by TD Ameritrade.
0:03.6	TD Ameritrade is reinventing how you invest.
0:06.2	Whether you want to place a trade on Facebook Messenger or get market news from your smart speaker,
0:10.8	TD Ameritrade has everything you need to invest on your terms.
0:15.2	See what's new at TDimertrade.com.
0:21.6	It's Thursday, August 16th.
0:23.2	Welcome to Market Foolery.
0:24.4	I'm Matt Greer and joining me in studio we have Motley full analyst
0:28.0	Andy Cross and Ron Gross gentlemen.
0:30.2	How you feeling?
0:31.2	Mac, how you do it?
0:32.2	I feel good. I'm good. I got a new haircut nice you look
0:35.0	It's it's what would you mean by new haircut? Well my my wife cuts my hair and so as of this morning
0:39.9	It's really? Yeah, you're way? How long has this been going on?
0:43.0	For a couple years, since we got this hair cutting kit at a
0:46.6	Flobie?
0:47.6	At a retailer that I will not mention, because I mention it too much, but she cuts my hair and it's
0:51.3	awesome.
0:52.3	It is a retail podcast, so maybe we'll talk a little bit about it.
0:55.0	Yeah, maybe.
0:55.8	Well, it is a retail podcast.
0:57.6	We're going to talk about some J.C. Penny.
	...

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