Bed Bath & Beyond Repair?
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 11 July 2019
⏱️ 14 minutes
🧾️ Download transcript
Summary
Delta Air Lines posts record revenue in the 2nd quarter as shares close in on an all-time high. Bed Bath & Beyond hits a new 52-week low, but Bill Mann shares why he doesn’t think it’s beyond saving (yet). Plus, we discuss Amazon’s plan to retrain a third of its U.S. workforce and open up a package from a longtime listener.
Transcript
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| 0:00.0 | It's Thursday, July 11th. |
| 0:03.4 | Welcome to Mark Fulry. |
| 0:04.7 | I'm Chris Hill joining me in studio, |
| 0:06.7 | the one and only Bill Mann. |
| 0:07.8 | Thanks for being here. |
| 0:08.7 | How are you, Chris? |
| 0:09.8 | I'm doing well. |
| 0:10.9 | I'm doing well. |
| 0:11.6 | We've got some earnings. We do, sort of. Well, we've got some earnings. We do sort of. Well we have we have actual |
| 0:16.0 | earnings. We results and we have earnings in air quotes. We have a pretty |
| 0:21.0 | interesting story from Amazon, and we'll get to that. |
| 0:25.4 | Let's start with Delta Airlines. |
| 0:27.8 | Record revenue in the second quarter for Delta. |
| 0:31.9 | The stock is not a big today, although year to date it's up about 20% and it's close |
| 0:37.7 | to an all-time high. This really does seem like what we have seen over the last couple of years from Delta Airlines. |
| 0:45.8 | Yeah, Tim Byers from the Discovery Services who works with me has been a tremendous |
| 0:50.8 | both on Delta Airlines and I have to say he's been exactly right |
| 0:55.5 | about this for for some time. These are great results. They're their profits are |
| 1:01.3 | up about 30% over last year. |
| 1:04.0 | Record revenues of $12.5 billion per share profits of $2.35 for the quarter. |
| 1:11.0 | They raised their estimates for the year. |
| 1:14.5 | But the interesting thing to me about Delta and these results |
... |
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