MarketFoolery: 03.06.2014
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 6 March 2014
⏱️ 17 minutes
🧾️ Download transcript
Summary
Costco stumbles while Staples flat-out falls. Plus we discuss what Russia/Ukraine means for investors and recommend apps for your consideration.
Transcript
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| 0:00.0 | It's Thursday, March 6th. |
| 0:04.0 | Welcome to Market Fullry. |
| 0:05.0 | I'm Chris Hill joining me in studio today from Fool.com, |
| 0:08.0 | the co-host of where the money is, David Hanson, |
| 0:11.0 | and for Motley Fool Funds, Bill Mann. |
| 0:13.0 | Good to see you guys. |
| 0:13.7 | Thanks for being here. |
| 0:15.8 | We've got some retailers in the news, some good, some bad. |
| 0:19.2 | We're gonna talk a little bit about the situation in, well I guess in Ukraine. |
| 0:24.3 | For the moment. |
| 0:25.6 | For the moment. |
| 0:26.6 | Who knows where it is now? |
| 0:29.0 | We will share with you the greatest new app of 2014 and we'll dip into the full mail back but let's |
| 0:35.8 | start with Costco which is down a couple percent their Their earnings were, they weren't bad bill, but they were |
| 0:46.4 | definitely a stumble of sorts and this is the third straight quarter that they have |
| 0:51.6 | come in under expectations. I know this is a company you've watched closely for a long time. |
| 0:57.0 | How concerned should people be about this three-quarter trend? |
| 1:03.0 | Not really. |
| 1:04.0 | I mean, honestly. |
| 1:05.0 | I mean, Costco is still winning its segment. |
| 1:07.0 | And the thing about Costco to me is that when you draw a line through everything else cost code basically benefits from |
| 1:15.3 | most of all I'd say most of all 95% of its earnings turn out to be membership |
... |
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