Drama in the Toy Industry
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 19 June 2019
⏱️ 20 minutes
🧾️ Download transcript
Summary
Adobe’s 2nd-quarter revenue rose 25% sending shares higher. Winnebago’s 3rd-quarter report showed improving margins. MFAM Funds portfolio manager Bill Barker analyzes those stories as well as the on-again-off-again deal between Mattel and MGA Entertainment. Plus, we look forward to this weekend’s opening of “Toy Story 4.”
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Transcript
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| 0:00.0 | Thanks to Sproust Social for supporting this episode of Market Foolery. |
| 0:02.6 | Sproust Social offers businesses an intuitive platform to help build meaningful |
| 0:06.8 | relationships at scale on social. |
| 0:09.1 | To learn how your brand can create real connection, |
| 0:12.3 | visit sprout social.com |
| 0:13.8 | slash fool today. |
| 0:17.3 | It's Wednesday, June 19th. |
| 0:19.5 | Welcome to Market Fillory. |
| 0:20.7 | I'm Chris L. |
| 0:21.4 | Joining me in studio today from M-Fam Funds, Bill Barker. Thanks for being here. |
| 0:25.0 | Thanks for having me. |
| 0:27.0 | We're going to talk RVs. We're going to talk toys because we've got some legitimate drama in the toy industry. We're going to start with Adobe. |
| 0:36.6 | I feel like almost any business that's in the cloud business is doing well. |
| 0:41.1 | That's not to knock Adobe in their management, but you know |
| 0:44.8 | Adobe's second quarter revenue was up 25%. Their guidance was a little weaker |
| 0:50.9 | than I think some analysts were looking for but that's not stopping the stock. |
| 0:55.2 | It's up another 4% today. |
| 0:58.2 | Yeah, it is continuing to do a great job growing, compounding year over year. |
| 1:05.0 | It's on a pretty good five year run, I would say. |
| 1:09.0 | The segments, Digital Media was up 22%, digital experience 34% publishing 12% so all three of the |
| 1:17.8 | major parts of the company growing at better or significantly better than you know double-digit range. |
| 1:27.0 | Do you know historically if Adobe is an acquisitive company? |
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