Big Retail, Holiday Preview, and Chewy CEO Sumit Singh

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 18 November 2022

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

If a huge week of retail earnings told us anything, it's that not everyone is ready for the holidays. (0:30) Emily Flippen and Jason Moser discuss: - Walmart beating expectations and raising guidance - Home Depot and Lowe's delivering the goods (without a boost in share prices) - Target's self-inflicted problems continuing - Former Domino's CEO Patrick Doyle taking his talents to Restaurant Brands International - The latest from Williams-Sonoma, Berkshire Hathaway, and Taiwan Semiconductor (19:15) Emily talks with Sumit Singh, CEO of Chewy, about the pet products industry, when it's ok to lose money on customer acquisition, and why his company is expanding into pet healthcare. (32:20) Emily and Jason discuss: - Sam's Club's new pricing strategy - Two stocks on their radar: Chart Industries and Zoom Video Stocks mentioned: WMT, HD, LOW, TGT, WSM, NVDA, BRK.A, BRK.B, TSM QSR, DPZ, CHWY, ROVR, GTLS, ZM Host: Chris Hill Guests: Jason Moser, Emily Flippen, Sumit Singh Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The retail picture is getting clearer and one major company is clearly struggling.
0:10.2	Motley Fool Money starts now.
0:13.8	Everybody needs money.
0:22.1	That's why they call it money.
0:24.1	This is Motley Fool Money.
0:34.4	It's the Motley Fool Money radio show.
0:36.0	I'm Chris L. and joining me in studio.
0:37.9	Motley Fool, senior analyst Emily Flippin and Jason Moser.
0:40.9	Good to see you both.
0:42.1	Addy.
0:43.1	We got the latest headlines from Wall Street.
0:44.7	We'll talk pets and pet retail with Chewy CEO Sumit Singh.
0:48.8	And as always, we've got a couple of stocks on our radar.
0:50.8	But we begin with the biggest retailer.
0:53.8	Wallmart's same store sales in the third quarter rose more than 8%.
0:58.0	Profits in revenue were higher than expected.
1:00.0	And Emily shares a Walmart up 5% this week.
1:03.3	Yeah, that's big for Walmart.
1:05.1	Walmart's not used to stock price movement like that.
1:07.8	And it's a good thing.
1:08.8	They certainly needed it.
1:09.9	It all comes down to what Walmart specializes in, which for them is success in things
	...

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