Big Retail, Apple, and the Fight for "Taco Tuesday"

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 19 May 2023

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As reports of Apple's next device surfaced, major retailers highlighted the week's earnings. (0:21) Ron Gross and Jason Moser discuss: - Walmart's grocery division (once again) doing the heavy lifting in its latest results - Reports that Apple will unveil a $3,000 device at its developer conference in early June - Netflix impressing advertisers and Wall Street - The latest from Home Depot, Target, Foot Locker, and Deere (19:11) Scott Phillips, chief investment officer at Motley Fool Australia, shares the current state of play for investors Down Under, Australian stocks to watch, and predictions for this year's Rugby World Cup. (30:28) Ron and Jason discuss Taco Bell fighting to free the phrase "Taco Tuesday" from its current trademark holder and share two stocks on their radar: Owens Corning and Lowe's. Stocks discussed: WMT, HD, TGT, FL, AAPL, MSFT, DE, NFLX, DIS, TTD, ASX, AMZN, MDB, GOOG, GOOGL, TEAM, TNE, YUM, LOW, OC Host: Chris Hill Guests: Jason Moser, Ron Gross, Scott Phillips Engineer: Dan Boyd, Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	We've got a big week for retail and a big debate over Taco Tuesday.
0:10.0	Yes, really.
0:11.0	Motley full money starts now.
0:19.8	Everybody needs money.
0:28.1	That's why they call it money.
0:37.1	From full global headquarters, this is Motley full money.
0:40.1	It's the Motley full money radio show.
0:42.1	I'm Chris Hill, joining me in studio, Motley full senior analyst, Jason Moser, and Ron
0:46.1	Gross.
0:47.1	Good to see you.
0:48.1	It's always gentleman.
0:49.1	Hey, how are you doing, Chris?
0:50.1	We've got the latest headlines from Wall Street.
0:51.1	We'll get a check on global markets with our guest Scott Phillips.
0:54.1	And as always, we've got a couple of stocks on our radar.
0:56.1	But it was a big week for retail earnings.
0:58.1	So we're going to start with the biggest one reporting.
1:00.1	Walmart raised its full year guidance after delivering a first quarter report, highlighted by sales up more than 7%
1:08.1	and Ron, we've seen this frequently over the past couple of years.
1:12.1	Walmart's grocery business, kind of doing the heavy lifting here.
1:16.1	Yeah, exactly.
1:17.1	Shoppers continue to gravitate to smaller package sizes, to store brands, because they're trying to manage their spending.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.