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Industry Focus

CG: Retailers Hit Their Stride Over the Holidays

Industry Focus

The Motley Fool

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4.6854 Ratings

🗓️ 16 January 2018

⏱️ 27 minutes

🧾️ Download transcript

Summary

Preliminary fourth quarter results from many traditional retailers have turned bullish after momentum from Black Friday held strong, and consumers flocked to stores in December. Find out who posted the best (and worst) results from the holiday season, and what to watch in the year ahead.

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Transcript

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0:00.0

Thanks to Slack for supporting the Molly Fool.

0:02.0

Slack is a messaging app that brings together all your team's communications in one place,

0:06.0

making work simpler and more productive.

0:08.0

Go to Slack.com to learn more.

0:10.0

Welcome to Industry Focus, the podcast it dives into a different sector of the stock market every day.

0:16.0

It's Tuesday, January 16th, and I'm your host Vincent Shen, Pools I hope you enjoy the holiday.

0:20.0

To start the new week, I am enlisting the help of Senior Fool

0:23.5

contributor Adam Levine Weinberg who's calling into the full HQ studio via Skype

0:28.0

Hey Adam thanks for being here.

0:29.4

Thanks for having me on the show again.

0:31.7

Yeah Adam I wanted to bring you on to Industry Focus today because back in late November, we discussed

0:38.0

the outlook for department stores for the 2017 holiday season and across the industry we talked about how it would be really important

0:45.0

for retailers to keep up the positive momentum that they built up from the Black Friday weekend.

0:49.4

Well at this point in the New Year, quite a few major retailers in some of the big box stores do, they've

0:54.4

reported preliminary results from the end of the year and the tone of the industry seems

0:59.1

more upbeat than it has been in quite some time. And let's go top to bottom from best to worst performers

1:06.8

for the holiday period.

1:08.2

Which companies ended up leading the pack?

1:11.8

Yeah, so what we saw over the holiday season was that the off-mall retailers did the best

1:19.0

among brick and mortar retail. So Kohl's actually had the very best results of the companies that have reported so far.

1:28.0

It said that comp sales were up 6.9% during the holiday season and that's its best result in more than a

1:35.3

decade. And if you just look on a full year basis for the past five years now,

...

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