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Motley Fool Money

Motley Fool Money: 08.15.2014

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 15 August 2014

⏱️ 39 minutes

🧾️ Download transcript

Summary

Wal-Mart fails to impress Wall Street. Kate Spade slips. And Noodles & Company leaves investors feeling hungry. Our analysts discuss some of the week's top business stories. Plus, Wired Senior Editor Adam Rogers talks about the business of booze.

Transcript

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0:00.0

Everybody needs money. That's why they call it money.

0:07.0

From full global headquarters, this is Motley Fool Money.

0:18.0

It's the Motley Fool Money Radio Show. I'm Chris Hill joining me in studio this week from Motley Fool 1.

0:23.0

Jason Moser from Motley Fool Income Investor, James Early and from Motley Fool Supernova Matt Argus Singer.

0:28.0

Good to see you, Jens. As always, you Chris.

0:30.0

We've got the latest results for restaurant stocks, apparel stocks, gaming stocks and more.

0:34.0

We will dig into the business of alcohol with wired magazines, Adam Rogers.

0:38.0

And as always, we'll give you an inside look at the stocks on our radar.

0:41.0

But we begin this week with big retail.

0:43.0

And why not start with the biggest retailer of all? Walmart, eat out a profit for the second quarter.

0:49.0

But it cut guidance for the full fiscal year.

0:53.0

And Matt got a point out, 7th quarter in a row that same store sales fell.

0:58.0

Yes. I think this is going to be a little hyperbolic.

1:02.0

But I think this is the end. I mean, I think Walmart.

1:07.0

I mean, look, I'm looking at, look, oh, the end of Walmart.

1:10.0

I can't get out of the basket.

1:11.0

Oh, the end of the year. The world's going to go on fine.

1:13.0

It's a sale. It's the end of Walmart.

1:15.0

Look, if you look at total sales, up 2.8%.

1:18.0

You know, international's where Walmart's supposed to be growing, right?

1:21.0

Well, sales there were only up 3.1%.

1:24.0

And then like you mentioned, the comm stores were down again.

...

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