Home Assistants 101
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 14 September 2017
⏱️ 22 minutes
🧾️ Download transcript
Summary
United Natural Foods benefits from low expectations and a bidding war breaks out for Toshiba’s memory-chip division. Aaron Bush analyzes those stories and breaks down the different strategies Alphabet, Amazon, Apple and Microsoft are employing to gain traction with their home assistant devices.
Transcript
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| 0:00.0 | It's Thursday, September 14th. |
| 0:04.0 | Welcome to Market Foolry. |
| 0:05.0 | I'm Chris El Joni Meant Studio today from Supernova and Rule |
| 0:08.8 | Breakers. |
| 0:10.0 | Back, second day in a row, Aaron Bush. |
| 0:12.4 | Thanks for being here |
| 0:13.2 | thank you it must be a record i did |
| 0:16.1 | record for you indeed but you know what we're giving the people what they |
| 0:19.7 | want more air and bush the people have spoken. We're going to talk home assistants and the |
| 0:26.5 | bidding war for Tushiba or at least part of Tushiba's business. We're going to start though |
| 0:31.5 | with some earnings from United Natural Foods. |
| 0:34.4 | Fourth quarter profits came in higher than expected to stock up 9% this morning. |
| 0:40.1 | And United Natural Foods, one of those businesses that people have probably encountered, |
| 0:46.0 | even if they don't realize that this is a primary distributor for Pulse Foods. |
| 0:51.2 | Yeah, I mean, I think the quarter was interesting and obviously what most people are looking at |
| 0:55.8 | is 35% of the company's sales in 2016 was from Whole Foods. |
| 1:01.3 | And so how exactly does all this big Whole Foods Amazon |
| 1:05.4 | acquisition change what's going on with United Foods? And so far at least on |
| 1:10.2 | this quarter which is the first quarter earliest partial quarter that Whole Foods |
| 1:15.5 | and Amazon are together. United foods kind of bucked the worries that investors had |
| 1:20.6 | put out there. Sales increased about 6%, the gross margin slightly increased, |
| 1:25.7 | and that income increased 12%. |
... |
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