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MarketFoolery

Nobody Puts Walmart in a Corner

MarketFoolery

The Motley Fool

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

4.71.7K Ratings

🗓️ 16 November 2017

⏱️ 32 minutes

🧾️ Download transcript

Summary

Walmart hits a new high after e-commerce sales rise 50%. Motley Fool Asset Management’s Bill Barker analyzes the retail landscape, from Walmart’s success to the surprising year RH (formerly Restoration Hardware) is having. Plus, we discuss the latest from JM Smucker’s and L Brands, and preview our bonus holiday episode!

(Tangents include the Papa John’s saga, a potential trip to Orrville, Ohio, and the bizarre array of scented candles being sold by Bath & Body Works.)

Thanks to Harry’s for supporting The Motley Fool. Get your Free Trial Set – go to Harrys.com/Fool

Transcript

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0:00.0

Thanks to Harries for supporting this episode of Market Foolery.

0:02.5

Get your free trial set including a razor handle, five blade cartridge and shave gel.

0:07.0

Go to Harries.com slash Fool.

0:09.5

It's Thursday, November 16th.

0:13.4

Welcome to Market Foolery.

0:14.6

I'm Chris Hill joining me in studio today,

0:17.2

all the way from Dubai, from Motley Fool Asset Management, Bill Barker.

0:21.0

Thanks for being here.

0:22.4

Thanks for having me. You had quite a travel day yesterday.

0:24.0

I did. It was a long day coming home.

0:26.0

Thanks for making the effort.

0:28.0

Well, I wouldn't miss it.

0:29.0

And I think it's safe to say that given your messed up body clock at any moment

0:33.8

this thing could just completely go off the rails. I assume I'll be falling asleep

0:38.8

during one of your questions. This is going to be great. It's just going to be great. We've got earnings news, we've got retail,

0:45.2

we've got food earnings. We're going to dip into the full mail bag. We've got to start with

0:49.4

Walmart though. Holy cow. Shares of Walmart up 8%. This is like a small cap stock. It's hitting an

0:57.7

all time high off of their third quarter result. E-commerce sales were up 50% and this is the 13th

1:05.1

straight quarter of positive same-store sales and Doug McMillan is getting it done

1:10.6

at Walmart. Yeah I think you've highlighted what is the possible explanation for the stock price

1:19.8

being up 8 percent.

1:20.9

That 50 percent increase in online sales is by far the most interesting number that's

...

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