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MarketFoolery

GameStop CEOs 5, Shareholders 0

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 3 April 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

GameStop shares fall after warning of a loss in the current quarter. Will the company’s 5th CEO in just over a year have the answers? Emily Flippen analyzes the troubled video game retailer, as well as the latest results from Dave & Buster’s. Plus, we discuss the rise of meatless companies, the FDA’s upcoming hearing on legalizing CBD, and more.

Thanks to Grammarly for supporting The Motley Fool. For 20% off a Grammarly premium account, go to http://www.Grammarly.com/Fool.

Transcript

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0:00.0

Thanks to Grammarly for supporting market foolery. Grammarly is a communication tool that helps people

0:03.9

improve their writing to be mistake-free, clear, and effective.

0:07.9

Start writing confidently by going to Grammarly.com slash fool to get 20% off a grammarly premium account today.

0:17.0

It's Wednesday, April 3rd. Welcome to the market foolery.

0:20.0

I'm Chris Hill joining me in studio.

0:21.0

It's Emily Flipping.

0:22.0

Thanks for being here.

0:23.2

Thanks for having me again, Chris. We've got some earnings we're going to get to.

0:27.4

We're going to dip into the full mail bag. We're going to get to one of your areas of

0:32.2

expertise.

0:34.0

I know you have many areas of expertise,

0:35.7

but we're going to get to one with the growing trend

0:40.1

of cannabis legalization.

0:42.4

We'll get to all of that. Let's start with what

0:45.1

unfortunately we're gonna start with Game Stop. It was a rough fourth quarter for

0:48.6

Game Stop but even worse the video game retailer warned that there's probably going to be a loss in the first quarter, the current quarter that we're in right now.

1:00.0

Shares down 5%.

1:07.0

I'm looking for a silver lining with Game Stop and I can't find one. Yeah, I should have told you this before I came on Chris, but you could not have picked a worst analyst to come on.

1:12.0

Give a commentary about Game Stop because I've

1:16.4

had a long and complicated relationship with Game Stop.

1:20.2

Do tell.

1:21.2

Oh well, you know at Game Stop, it's been a terrible investment, but in my opinion, a terrible

...

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