Big Tech, Consumer Goods, Fashion Retail
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 30 April 2020
⏱️ 15 minutes
🧾️ Download transcript
Summary
The latest earnings reports from Microsoft and Facebook are a reminder that sometimes bigger is better. Bill Barker analyzes the solid results from Church & Dwight, and the retail woes of Tapestry (aka, parent company of Coach, Kate Spade, and Stuart Weitzman).
Transcript
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| 0:00.0 | It's Thursday, April 30th. |
| 0:03.7 | Welcome to Market Foolry. |
| 0:05.0 | I'm Chris Hill. |
| 0:05.8 | With me is Mr. Bill Barker. |
| 0:09.2 | I'm a little jealous because I see you have coffee |
| 0:11.7 | and I rather stupidly didn't make enough this morning. |
| 0:15.0 | Well look, hit pause, go get yourself some. |
| 0:17.0 | No, no, we're going to... |
| 0:19.0 | We're going to roll on. |
| 0:21.0 | Listeners will allow you that? |
| 0:24.0 | Listeners know that the last thing I need is more coffee, but earning season continues to roll |
| 0:30.4 | on. |
| 0:31.4 | We've got some consumer goods we're going to talk about. We've got some |
| 0:33.8 | fashion retail but we're going to start with a couple of the tech behemoths. |
| 0:38.8 | Microsoft and Facebook Microsoft's third quarter profits and revenue came in higher than expected. |
| 0:43.6 | The Azure Cloud segment was up 59%. And Facebook's first quarter results |
| 0:51.3 | was kind of similar to what we heard out of alphabet, where the ad revenue fell in |
| 0:57.3 | March, but Facebook executive saying, this stabilized for us in April and of the two of them Facebook is having the better day |
| 1:05.7 | the stock up about 5% or so. |
| 1:09.4 | Yeah, I mean we're gonna beat people over the head I guess with the story again and again |
| 1:14.8 | that certain large tech companies which are you know in the cloud or otherwise getting most of their revenues from online |
| 1:26.9 | experiences you look at their numbers and it just looks all good. |
... |
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