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MarketFoolery

Retail Surprises and Starbucks’ Tall Order

MarketFoolery

The Motley Fool

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

4.71.7K Ratings

🗓️ 16 May 2018

⏱️ 21 minutes

🧾️ Download transcript

Summary

Macy’s surges on surprising earnings. Tencent racks up big profits thanks to its social networking and gaming businesses. And Starbucks announces a venti-sized expansion in China. Motley Fool analysts Matt Argersinger and Ron Gross weigh in on those stories. Thanks to Molekule for supporting our podcast.

Get $75 off your 1st order at http://www.molekule.com and use the promo code “fool”.

Transcript

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0:00.0

This episode of Market Foolery is brought to you by Molecule, the world's first molecular air purifier that reduces symptoms for allergy and asthma sufferers.

0:09.0

For $75 off your first order, visit Molecule.com, that's M-O-L-E-K-U-L-E dot com.

0:19.1

It's Molecule with the K, and enter the promo code Fool. It's Wednesday, May 16th.

0:26.0

Welcome to Market Foolery.

0:28.0

I'm Matt Greer and joining me in studio,

0:30.0

we have Motley Full analyst Ron Gross and Matt Arger Singer.

0:33.2

Guys, welcome.

0:34.6

Hey, Matt, how are you?

0:35.8

How you feeling?

0:36.8

I'm great.

0:37.8

Good, Matt, you?

0:38.8

I'm good, I'm good.

0:39.8

Good. I'm trying to grow a beard, but I'm not that scratchy.

0:41.8

Are you just saying that? Yeah. That is so hurtful. Well guys later in the show

0:48.8

we're going to talk Starbucks. They are really ramping up in China which I hear is a pretty big market, so we're going to talk about that.

0:56.1

And we're also going to talk about some big earnings from China's largest social network and gaming company.

1:01.6

But Ron, I want to begin with something that we don't say every day.

1:05.2

Good news from a traditional retailer.

1:08.1

Shares of Macy's up more than 5% right now on better than expected earnings is the turnaround really happening

1:15.4

well well well look who's not dead yet.

1:19.0

That's yet thing you know? Really interesting.

1:23.0

I mean, you know, it's been an interesting six months

...

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