MarketFoolery: 07.29.2014
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 29 July 2014
⏱️ 16 minutes
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Summary
UPS and Tile Shop Holdings struggle with their quarterly earnings. Plus we dip into the Fool Mailbag.
Transcript
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| 0:00.0 | It's Tuesday, July 29th. |
| 0:03.0 | Welcome to the market floor. |
| 0:04.0 | I'm Chris Hill joining me in studio today |
| 0:06.0 | from Motley Full 1, Jason Moser. |
| 0:08.0 | Happy Tuesday. |
| 0:09.0 | How are you, my friend? |
| 0:10.0 | It's earning season, so I'm always good when it... |
| 0:12.0 | I shouldn't say I'm always good because certainly the earnings aren't. earnings |
| 0:15.0 | are I'm always good because certainly the earnings aren't always good as we will talk about shortly. |
| 0:17.0 | I agree I like it. I mean it's a lot of work but for me it's |
| 0:22.0 | man four times a year it beats non-earning season it |
| 0:25.2 | beats the two weeks before earning season producing shows coming up with the ideas |
| 0:29.4 | yeah let's start with tile shop holding second quarter results. The profits were lower than expected. |
| 0:36.0 | Overall revenue down nearly 15%. The shares were down. When I checked them right before coming in this studio, shares down about 11, 12 percent. |
| 0:44.8 | And this is, 2014 has been a rough one for this stock. |
| 0:49.0 | It really has. |
| 0:50.0 | For investors who are looking at this and thinking, hey, let's back up the truck on this dip. |
| 0:53.9 | I mean, please be careful before doing that. |
| 0:56.9 | Understand exactly why this stock is having trouble. |
| 0:59.0 | Because you're right, it's been a tough year for a tile shop. |
| 1:02.0 | It's been a tough year for other sort of housing related |
| 1:05.1 | stocks like lumber liquidators the container store even comps were flat it's worth |
... |
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