Fossil Is Showing Its Age
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 11 May 2016
⏱️ 23 minutes
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Summary
Disney announced a rare earnings miss this week, but the company still has a lot to offer investors--unfortunately that may not be true for beleaguered retailers Macy’s and Fossil. Meanwhile a judge has called off the Staples and Office Depot merger, leaving the two companies high and dry.
Transcript
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| 0:00.0 | It's Wednesday, May 11th. |
| 0:03.2 | Welcome to Market Foolery. |
| 0:04.4 | I'm Mark Reith and joining me in studio today from a million dollar portfolio, |
| 0:07.5 | Jason Moser. |
| 0:08.3 | Jason, how's it going? |
| 0:09.3 | It's another lovely rainy day, Mark. |
| 0:11.4 | I've got a hankering for some nirvana it's a 14th straight day of rain I think we set records here in DC we set records |
| 0:19.4 | Can't figure it out what did we do to deserve this it the April showers that are supposed to bring the Mayflowers? |
| 0:25.0 | I don't like it. |
| 0:26.0 | Plenty to get to today besides the weather report including some really bad news for Office Depot and Staples. |
| 0:32.0 | But we begin with a look at earnings news from Disney yesterday. |
| 0:35.7 | The company reported a rare earnings missed |
| 0:38.1 | after announcing its second quarter on Tuesday. |
| 0:41.2 | Jason, why don't you just give us a quick rundown of what you saw in the report and what's |
| 0:45.0 | going on with Disney? |
| 0:46.0 | Sure, I mean I think this is a great example of where the financial media can take an isolated |
| 0:51.8 | incident, a quarter like this, and really run with it and try to sort of |
| 0:55.8 | introduce potential questions as to Disney's business model and really is the growth story |
| 1:02.3 | over Disney's just too big I mean what |
| 1:05.1 | about ESPN I think when you look at this quarter in total though in |
| 1:09.8 | particularly after reading through the call. Sure, they missed expectations, |
| 1:14.4 | but we're talking about a company |
... |
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