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MarketFoolery

Panera 2.0 Is Working

MarketFoolery

The Motley Fool

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

4.71.7K Ratings

🗓️ 10 February 2016

⏱️ 27 minutes

🧾️ Download transcript

Summary

“Star Wars: The Force Awakens” made all the money, but shares of Walt Disney hit a 52-week low on fears over continued cord-cutting. SolarCity plunges 25% as government incentives get cut. Panera Bread shares rise as the company’s 2.0 Initiative is showing results. Plus, we discuss “The Big Short” and the Mount Rushmore of Pixar films.

Transcript

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0:00.0

It's Wednesday, February 10th.

0:03.4

Welcome to Market.

0:04.8

I'm Chris Hill joining me in studio today

0:06.4

from Motley Full Funds, Bill Barker.

0:08.4

Happy Wednesday.

0:09.5

Thank you.

0:10.4

Unless you're a shareholder of Solar City.

0:14.0

Well, yes.

0:15.0

And then it's absolutely not that much less happy.

0:18.0

Yeah, you're 25% less happy than you were yesterday.

0:21.0

We're going to talk about that.

0:22.0

We're going to get into the

0:23.5

latest quarter from Panera Bread. Let's start with the Magic Kingdom, Walt Disney's

0:28.1

fourth quarter. Once again, everything's looking good except.

0:35.0

Star Wars as big as we thought it would be,

0:40.0

revenue from the parks is up, consumer products up, and yet shares are down and hitting a one year low today because the court cutting in the television division is still happening.

0:55.0

Yeah, all right, so let's look at the numbers,

0:58.0

at the top line numbers.

1:00.0

Media networks up 8%, this is for revenue, the parks up 9%, studio entertainment, which was mostly Star Wars,

1:08.4

up 46% for the quarter, consumer products up 8%, all in all, up 14%, phenomenal quarter in the books.

1:18.0

And as you say, so it's not up today and why is that?

1:21.8

And the reason that it's not up today is that the answer is about mostly

...

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