Home Improvement on the Rise
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 18 November 2015
⏱️ 20 minutes
🧾️ Download transcript
Summary
Lowe’s follows up Home Depot’s strong quarter with one of their own. Jack In The Box offers strong guidance for 2016. And Dick’s Sporting Goods slashes guidance, which in turn slashes its stock price.
Transcript
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| 0:00.0 | It's Wednesday, November 18th. |
| 0:03.5 | Welcome to Market Foolery. |
| 0:04.5 | I'm Chris Hill joining me in studio today for a million dollar portfolio of |
| 0:07.4 | Jason Moser. |
| 0:08.3 | Happy Wednesday. |
| 0:09.1 | Yes, sir, it's the hump day. |
| 0:10.6 | It is the hump day. |
| 0:11.6 | It is one month until the release of the new Star Wars movie. |
| 0:14.8 | Wow, is that it? It's one... Just because on Twitter people were... |
| 0:18.8 | I'm really excited. I mean, I think it's going to be a good flick it's just that if the |
| 0:24.3 | trailers are any indicator boy oh boy it'll make all the money boy howdy it will all of |
| 0:31.4 | the money we've got some earnings to dig into. We're going to talk |
| 0:35.1 | Jack in the Box. We're going to talk Dick's Sporting Goods. Let's start with Lowe's. |
| 0:38.4 | Yesterday we had Home Depot. Today we've got Lowe's. Third quarter profits came in higher |
| 0:42.4 | than expected same store |
| 0:44.5 | sales up about four and a half percent they're doing well yeah I mean it's |
| 0:50.6 | really doing well this has been such a great space for investors and |
| 0:54.8 | and honestly I don't see any reason for it to change any times and we've talked a |
| 0:59.2 | lot this earning season about the challenges of a lot of retailers out there. But you know if you put |
| 1:04.8 | equal parts into Home Depot and Lowe's five years ago and you're looking back at |
| 1:11.4 | that today you have you're really feeling good about that decision. |
| 1:14.6 | Those stocks have really outperformed. |
... |
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