Invest in a Feeling?
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 9 January 2020
⏱️ 14 minutes
🧾️ Download transcript
Summary
Costco posts strong same-store sales numbers for December, while Bed Bath & Beyond’s 3rd-quarter results send the stock falling 20%. Abi Malin analyzes the latest in retail news. Plus we dip into the Fool Mailbag to discuss space tourism and answer the question, should you invest in something you have a gut feeling about?
Transcript
Click on a timestamp to play from that location
| 0:00.0 | It's Thursday January 9th. |
| 0:03.7 | Welcome to Market Foolry. |
| 0:04.8 | I'm Chris Hill with me in studio. |
| 0:06.6 | The one and only, Abby Mallon. |
| 0:08.2 | Thanks for being here. |
| 0:09.2 | Thanks for having me. |
| 0:10.0 | We've got some retail news. |
| 0:11.3 | We're going to dip into the full mailbag. Let's start with Costco. |
| 0:15.2 | Same store sales for Costco in December up 9%. That is 2 percentage points higher than Wall Street was expecting and no surprise shares of Costco up a little bit today. |
| 0:26.0 | I mean, that's a nice start to the fiscal quarter. |
| 0:30.0 | Definitely, so the net sales for December were actually 17 billion dollars and that's actually up 10.5% over last year's results. So really fantastic quarter for them. |
| 0:40.5 | And I don't, you know, we talk all the time about when it comes to retail, the holiday season |
| 0:46.8 | is so important. |
| 0:47.8 | I don't think of Costco, I think of Costco is just like a year-round retailer. I don't think of Christmas gifts. |
| 0:56.0 | Yeah, I don't think even though I know they have that, but I don't think in terms of boy |
| 1:00.9 | they better nail it in December but they did. |
| 1:04.0 | Yeah I mean I think the standout here was really the e-commerce segment so that was up |
| 1:08.2 | about 43% in the past five weeks. |
| 1:11.8 | Notably 20 percentage points of that was attributable to Black Friday and Cyber |
| 1:16.0 | Monday. So that's your big technology purchases, so your computers, your TVs, things like that, |
| 1:21.4 | which I think those come at opportunistic moments for people or those |
| 1:26.5 | purchases do, and so when you see big sales you can expect that Costco is going to be taking |
... |
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.

