MarketFoolery: 03.11.2014
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 11 March 2014
⏱️ 17 minutes
🧾️ Download transcript
Summary
The guys discuss a smorgasbord of retail news, what the biggest banana deal in history means for you, and if Carl Icahn has the right idea for PayPal.
Transcript
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| 0:00.0 | It's Tuesday, March 11th. Welcome to Market Foolery. I'm Mark Wreath and joining me in |
| 0:06.5 | studio from Fool 1 Morgan Hasle and from Million Dollar Portfolio Mike Olson, |
| 0:11.0 | gentlemen, happy Tuesday. |
| 0:12.0 | Howdy. |
| 0:13.0 | Hello. |
| 0:14.0 | We've got a lot to get to today, including the great debate over eBay's future, but we begin with a grab |
| 0:18.9 | bag of retail news. |
| 0:20.4 | Let's start with Dick's Sporting Goods, which is up today after announcing fourth quarter and |
| 0:24.4 | full year earnings. |
| 0:25.8 | Did you guys have any highlights from the port? |
| 0:27.8 | What'd you think of Dix? |
| 0:28.8 | You know, I really was. |
| 0:31.2 | I've not ever spent much time looking at this company and it's quite impressive |
| 0:35.7 | the growth story here. |
| 0:37.0 | They've managed to grow the same store sales, 7%, earnings per share up 8%, and this all amid an environment which has been pretty challenging for just about all retailers. |
| 0:47.0 | And in the report actually, they said they'll see double-digit growth in earnings, but their outlook is still under consensus |
| 0:54.0 | estimates again like you said retail is just so tough these days why is it tough for |
| 0:58.6 | Dick's sporting goods I don't know I mean honestly the the weather too like they should ostensibly speaking |
| 1:05.0 | have been is affected by just about anyone else. You know the bigger question |
| 1:09.2 | here I guess management would attribute this to their focus on higher end athletic wares in that |
| 1:16.8 | there's less competition on that end of the spectrum. I sort of question the |
| 1:22.0 | durability of what structural advantages they have. |
... |
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