Clorox Crushes
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 2 November 2020
⏱️ 22 minutes
🧾️ Download transcript
Summary
Clorox raises guidance after an eye-popping 1st-quarter report. AMC Networks struggles to make its business as compelling as its programming. Inspire Brands’ finalizes its acquisition of Dunkin’ Brands, making it the biggest deal in the restaurant industry since 2014. Jason Moser analyzes those stories and reminisces about Friendly’s restaurants and ice cream.
Transcript
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| 0:00.0 | It's Monday, November 2nd. |
| 0:04.0 | Welcome to Market Fullry. |
| 0:05.0 | I'm Chris Hill with me today. |
| 0:07.0 | Mr. Jason Moser. |
| 0:08.0 | Happy Monday. |
| 0:09.0 | Happy November, huh? |
| 0:11.0 | How about that? |
| 0:12.0 | You're just moving right on. |
| 0:14.0 | We're just plugging right along. |
| 0:16.0 | We've got entertainment earnings. |
| 0:17.0 | We've got some restaurant news. |
| 0:19.0 | Quick programming note, we are off tomorrow. |
| 0:21.0 | You might have heard it's election day here in the United States of America |
| 0:24.4 | so we are off tomorrow but we're going to be back on Wednesday so don't worry about that. Let's start with |
| 0:30.2 | Clorox. First quarter profits doubled year over year. It was the strongest |
| 0:36.4 | revenue growth in more than 20 years for Clorox and they raised guidance for the full fiscal year. |
| 0:44.0 | They are starting the fiscal year off with a bang. |
| 0:46.0 | Hey, I mean it is a very good time to be Clorox and I mean that it makes sense given the state of things today but yeah I mean that I did make sense given given the state of things today but yeah I mean they had a |
| 0:55.2 | wonderful year the headline numbers look really good from this release I mean |
| 1:01.7 | 27% increase in sales and that was really all organic. |
| 1:06.8 | And that for a company like this is really impressive. |
| 1:11.1 | Earnings growth over 100%. |
... |
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