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Motley Fool Hidden Gems Investing

Bull vs. Bear: Boston Beer Co.

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 6 October 2022

⏱️ 15 minutes

🧾️ Download transcript

Summary

Amazon is the latest to signal its intentions around holiday retail hiring. (0:21) Maria Gallagher discusses: - Amazon's announcement it will increase hourly pay and hire 150,000 seasonal workers - Data around consumer spending sentiment - Why she's watching how higher-end retailers will fare this year (8:53) You may enjoy a cold Sam Adams, Angry Orchard cider, or Truly hard seltzer, but does that make parent company Boston Beer Co. a good investment? Jason Hall and Travis Hoium engage in our latest bull vs. bear debate! Got questions about stocks? Call the Motley Fool Money Hotline at 703-254-1445. Stocks discussed: AMZN, UPS, TGT, WMT, LULU, SAM  Host: Chris Hill Guests: Maria Gallagher, Travis Hoium, Jason Hall Producer: Ricky Mulvey Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey, somebody called Bill Burr and Mark Wahlberg.

0:08.1

We've got a bull versus bear debate over Boston beer.

0:11.2

Motley Full Money starts now.

0:14.8

I'm Chris Hill, and joining me from the financial capital of the United States of America.

0:25.5

Motley Full Senior Analyst, Maria Gallagher.

0:27.6

Thanks for being here.

0:28.6

Thanks for having me.

0:30.8

This morning, Amazon announced it is hiring 150,000 seasonal employees to help with the holiday

0:37.4

rush.

0:39.7

And this makes me feel better for a couple of reasons.

0:45.2

The main one being that this is kind of in line with what we've heard out of UPS and

0:51.0

Target in terms of the seasonal workers that they're going to be hiring.

0:56.2

As earlier this fall, we had Wahlberg coming out and saying, hey, we're going to hire

1:01.0

40,000, which is far fewer than they did last year.

1:06.9

When you saw this news, your reaction was what?

1:10.5

So I actually think there are a couple different interesting things here.

1:13.5

The first is the competition between the retailers to get and retain hourly employees.

1:18.8

I think it's pretty fascinating.

1:20.2

So the retail industry alone hires around 500,000 temporary workers for the holiday season.

1:26.0

Amazon you're seeing bumped its pay from $19 an hour from $18 an hour.

1:30.6

They have sign-on bonuses ranging from $1,000 to $3,000.

1:35.0

UPS is hiring 100,000 seasonal workers with wages from $16 to $30 an hour.

...

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