Future of “The 3rd Place”
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 10 June 2020
⏱️ 18 minutes
🧾️ Download transcript
Summary
Chewy and Five Below both post losses in the 1st quarter, so why is Five Below’s stock the only one popping? Jason Moser analyzes the latest earnings results, and we discuss whether the Starbucks notion of a “third place” is over.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | It's Wednesday, June 10th. |
| 0:03.8 | Welcome to Market Foolery. |
| 0:04.8 | I'm Chris Hill. |
| 0:05.8 | Joining me back by popular demand. |
| 0:08.6 | Mr. Jason Moses, thanks for being here. |
| 0:10.6 | Hey, happy to be here. |
| 0:12.0 | How's everything going? |
| 0:13.7 | Everything is going well. |
| 0:14.7 | We're going to dig into some earnings. |
| 0:16.4 | We've got some retail. |
| 0:18.1 | I want to talk sort of more broadly about American retail operations starting to open up and we'll get to those |
| 0:26.5 | but let's start with the latest earnings out of Chui which is the online pet products |
| 0:31.7 | company reported a loss for the first quarter. |
| 0:35.0 | Revenue looked good though. Active customers up 33% year over year and I get |
| 0:41.7 | that the stock is down 3 4% today but the backdrop is this is a |
| 0:48.1 | stock that even with that drop it's still up more than 60% year to date |
| 0:51.6 | Yeah, I mean that that you know, when we look at all of the earnings reports that have been |
| 0:57.3 | coming out here over the past earnings season and guidance or lack of guidance reflecting the back half of the year because we just don't really know a lot of what is going on here as far as the pandemic is concerned. |
| 1:11.1 | I mean there has been a lot of uncertainty and a lot of companies pulling back on as the to see, they're able to really kind of take the guidance that they're offering and even go one step further. |
| 1:26.0 | And what I mean by that is last quarter, when they reported earnings for the fourth quarter of their year last year they |
| 1:34.4 | didn't they didn't offer guidance for for this year at that time they did offer |
| 1:38.2 | quarterly guidance they didn't offer a full year guidance this quarter they |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.