MarketFoolery: 05.08.2013

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4.7 • 1.7K Ratings

🗓️ 8 May 2013

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Whole Foods soars on earnings. Zillow slips in the wake of earnings. And Yahoo! talks with Hulu.

Transcript

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0:00.0	It's Wednesday, May 8th.
0:03.5	Welcome to Marker Fuller.
0:04.5	I'm Chris Hill joining me in studio today from Motleyville 1,
0:06.8	Jason Moser, and from Motleyville, Matt Argus singer.
0:10.2	Happy Wednesday, guys.
0:11.2	Hello, hello.
0:11.8	Over the hump. Over the hump. We're not over the hump, yeah hello. Over the hump.
0:13.0	We're not over the hump yet.
0:14.0	This is the hump.
0:15.0	This is the hump.
0:16.0	Let's see if we can get through this, then we'll be over the hump.
0:18.0	Earnings Palusa rolls on.
0:20.0	We will talk Whole Foods Zillow, Disney, and a very interesting report involving Yahoo and Hulu.
0:27.0	We'll get to that, but let's start with Whole Foods.
0:31.0	Second quarter profit rose 20%, same store sales, up 7%. The company announced
0:37.2	a two for one stock split. I'm waiting, Jason, for something that is not awesome news.
0:42.4	This just seemed like a really great quarter. for something that is not awesome news.
0:43.0	It just seemed like a really great quarter.
0:45.0	So yeah, there wasn't really anything bad from this quarter to see.
0:49.0	I mean, they raised guidance.
0:51.0	I mean, last quarter they had offered yearly guidance of about $2.86 to $2.89 per share
0:58.7	and they raised that up a little bit, or I'm sorry, they raised it to 286 to 289 from 283 to 287 from the previous quarter.
	...

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