MarketFoolery: 08.05.2014
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 5 August 2014
⏱️ 15 minutes
🧾️ Download transcript
Summary
Coach rises on 4th-quarter results. Target falls after lowering guidance. Plus we analyze the struggles of restaurant group Bloomin’ Brands and the authenticity of Australian brands.
Transcript
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| 0:00.0 | It's Tuesday, August 5th. |
| 0:03.5 | Welcome to Mark Thullry. |
| 0:04.5 | I'm Chris Hill joining me in studio today |
| 0:06.2 | for Motley Full 1, Jason Moser. |
| 0:08.3 | From Motley Fulling, |
| 0:10.3 | value Joe Maker. |
| 0:11.3 | Back for Round 2. |
| 0:12.4 | At night. We're just packing in as much Joe maker as we can this week. |
| 0:18.0 | Earnings Palooza rolls on. |
| 0:19.4 | We will talk coach. |
| 0:20.7 | We will talk blooming brands because let's face it, it's Blumen Brands and we don't get a chance to talk about them very much, |
| 0:26.6 | and we will get into Target's latest news. |
| 0:30.1 | Let's start with Coach. |
| 0:31.1 | Yesterday, Michael Kores,, Coach, fourth quarter. |
| 0:34.7 | You got to be a little bitter I think if you're Michael Kores today |
| 0:38.0 | because Michael Kores, as we talked about, |
| 0:39.7 | put up some good numbers and the stock was down. |
| 0:42.4 | Coach, fourth quarter sales down 7%, |
| 0:45.2 | profits down more than 60%, and the stock was up. |
| 0:48.9 | How low are the expectations for this company now? |
| 0:51.7 | I mean, to be fair, they're really low. |
| 0:55.1 | I mean, I think as one who's followed the company for a while now, |
... |
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