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MarketFoolery

MarketFoolery: 09.09.2013

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 9 September 2013

⏱️ 16 minutes

🧾️ Download transcript

Summary

Yum Brands’ sales continue to fall in China. Facebook unveils its latest attempt to take down Twitter, and there’s a shake-up in the luxury retail landscape.

Transcript

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0:00.0

It's Monday, September 9th.

0:04.0

Welcome to Market Foolery.

0:05.0

I'm Cressel joining me in studio today from my Lachool 1,

0:08.0

Jason Moser, and from Fool.

0:10.0

Taylor Markerman.

0:11.0

Thanks for being here guys.

0:12.0

Hey, it's the least we could do.

0:13.0

I know we were all up late watching that really fantastically played Giants Cowboys game last night.

0:19.0

It was entertaining to say the least.

0:21.0

It was entertaining, but not necessarily in a good way. We're going to talk

0:25.4

Yumb Brands, we're going to talk Facebook, we're going to talk luxury retail. Let's start with

0:30.3

Yumb Brands on Friday the company posted its August same store sales

0:35.1

results for China.

0:36.8

We're talking KFC and Pizza Hut here.

0:39.1

And stop me if you've heard this before, Jason.

0:41.4

Same store sales in China down 10% which is seen

0:45.4

apparently as some sort of small victory because it's not as bad as July which was

0:50.3

down 13%. Well I mean less bad is a small victory, right?

0:53.8

I mean, I suppose.

0:55.0

So I mean, it's, you know, this all started, I think it was back in like last October.

0:59.6

Maybe a little later, but we are coming up on the one year anniversary of the

1:04.4

avian flu scare which has just been I mean you know they they have said time and time

...

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