Lululemon’s Bounce & A Case for Crocs
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 9 June 2015
⏱️ 16 minutes
🧾️ Download transcript
Summary
Lululemon athletica rises as online sales grow 31%. Motley Fool advisor Ron Gross analyzes how West Coast shipping ports delays have affected the apparel retail industry. Plus we discuss how much trust investors should place in CEOs and the case for investing in Crocs.
Transcript
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| 0:00.0 | It's Tuesday June 9th. Welcome to Market Fullry. I'm Chris Hill joining me in studio today for Motley |
| 0:06.5 | Fool Deep Value Ron Gross. Happy Tuesday. Happy Tuesday to you, my friend. |
| 0:11.1 | How you doing? |
| 0:12.1 | I'm doing well. It's summer kind of soon. Yeah it is. Yeah. Yeah. It's getting warm. It's getting warm. It's a little rainy. We're getting a little bit of the thunderstorms. But that was just typical around here you know how we do you know |
| 0:23.8 | I know it's getting warm because the temperature is hotter the AC in my house went out so so |
| 0:31.0 | which is perfect you You have my condolences. |
| 0:33.1 | You can bunk up with me. |
| 0:34.8 | Just live the rest of your family. |
| 0:36.1 | Ah, yeah, I think we're just going to get the fans out of the attic and plug them in and |
| 0:40.7 | just do what we can. |
| 0:41.5 | Does people that you can hire to fix those things I hear. |
| 0:43.6 | Right, someone's coming later today, so we better wrap this up quick. |
| 0:47.7 | We're going to talk Apple. |
| 0:50.5 | We're going to dip into the full mail bag. |
| 0:52.0 | Let's start with Lulu Lemon |
| 0:53.1 | Athletica. First quarter revenue up 10% that was better than expected. Stock doing |
| 0:59.2 | well. You tell me you looked at the quarter. You tell me. this was a solid quarter this looked pretty good now this is a company for those |
| 1:06.8 | are not familiar with lulu lemon that are not is not without its controversies |
| 1:10.6 | 2013 was was tough. |
| 1:14.0 | Some poor statements from its founder and the CEO resigning and some recall of products and they've |
| 1:19.5 | been trying to get back on track really ever since. Things are looking up however this was a |
| 1:25.6 | solid quarter you did have same source sales down 1% but most importantly you had |
... |
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