New Stock Highs, Supply Chain Woes, and Big Tech Insights
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 24 September 2021
⏱️ 39 minutes
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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. |
| 0:19.0 | It's a Motley Fool Money radio show. I'm Chris Hill joining me this week. |
| 0:22.0 | Senior analyst Emily Flippin and Jason Moser. Good to see you both. |
| 0:26.0 | Hey Chris. We've got the latest headlines from Wall Street. |
| 0:29.0 | We've got the latest in Big Tech with CNBC's John Fork. |
| 0:33.0 | And as always, we've got a couple of stocks on our radar. |
| 0:36.0 | But we begin with earnings. Costco ended the fiscal year with a bang. |
| 0:40.0 | Fourth quarter revenue rose 17%. Same store sales were up more than 9%. |
| 0:45.0 | Chairs of Costco up this week and close to a new all-time high, Jason. |
| 0:50.0 | Yeah, I mean, this is a business that continues to do what we've really come to expect. |
| 0:55.0 | I mean, it's just resilient. It's customer centric and that continues to deliver a loyal and repeat customer base. |
| 1:02.0 | Net sales, 61.4 billion dollars, up 17.5% from a year ago. |
| 1:08.0 | Earnings per share, up 20%. And that was on strong traffic numbers. |
| 1:14.0 | Traffic was up 9.2% worldwide. |
| 1:17.0 | 8.8% in the US transactions, right? The basket, that was up as well. |
| 1:22.0 | 5.8% worldwide, 5.6% in the US. |
| 1:26.0 | And the renewal rates continue, as I said, just to remain very strong. |
| 1:30.0 | 91.3% for the US and Canada, up just slightly from a quarter ago. |
| 1:35.0 | And total paid households now stand at 61.7 million. |
| 1:40.0 | That's up 1.1 million from just a quarter ago. |
| 1:43.0 | Margin's holding the line in what we see is a little bit more of an inflationary environment, |
... |
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