New Kid on the Block

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🗓️ 11 June 2015

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

The guys take a look at earnings from Krispy Kreme and Men’s Wearhouse, as well as a big announcement from Lululemon’s founder. Plus Nike has struck a new lucrative deal with the NBA, so where does that leave Under Armour?

Transcript

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0:00.0	It's Thursday, June 11th. Welcome to Market Foolery. I'm Mark Wreath and joining me in studio today from
0:06.4	Million Dollar Portfolio, Jason Moser, and Hanne's first ever market foolery from Motley
0:11.3	Fool inside value, it's John Rotante.
0:15.0	Welcome John.
0:16.0	Welcome!
0:17.0	Thank you.
0:18.0	You in here buddy. How's it going?
0:19.0	I'm doing well.
0:20.0	Good to have you.
0:21.0	Thank you for having me.
0:22.0	Absolutely. We got plenty to talk to today,
0:23.9	a talk about today including Nike's New Deal and some big retail numbers, but we
0:28.0	begin in retail itself with Men's Warehouse. Jason Men's Warehouse just
0:31.8	announced its first quarter.
0:33.6	It looked pretty good overall.
0:35.4	Yeah, I mean, when you beat expectations,
0:37.5	you reiterate guidance for the full year,
0:39.9	the market's gonna give you a good old pat on the back, right? And that's what it's doing for for Men's Warehouse today.
0:44.7	Stock is up a little bit.
0:46.4	And you know, it's had a very good year thus far.
0:48.9	It's up around 40% this year.
0:51.2	You know, they are just finishing sort of the integration of that Joseph A bank acquisition
	...

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