Roblox’s Debut and the Future of Gene Editing
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 12 March 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. |
| 0:10.0 | It's the 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, hey, hey. We've got the latest headlines from Wall Street. |
| 0:29.0 | We've got a couple of stocks on our radar. |
| 0:32.0 | But we begin with some big shoes to fill. |
| 0:35.0 | Altabutees' fourth quarter earnings report took a back seat to the news that CEO Mary Dylan is stepping down in June. |
| 0:42.0 | She will transition to executive chair of Alta's board and stay there for a year. |
| 0:47.0 | Company President Dave Kimball will take over his CEO. |
| 0:51.0 | Chairs of Alta were down 8% on Friday, Emily, because Mary Dylan has been the CEO since the beginning of the year. |
| 0:57.0 | She has done a great job leading this business. And the new guy has a tough act to follow. |
| 1:06.0 | That's an understatement, Chris. It was really interesting. |
| 1:09.0 | Back in December, Alta actually reorganized its leadership team. |
| 1:14.0 | They brought in four new leaders for things like international operations and merchandising. |
| 1:20.0 | All while keeping the CEO, now CEO Dave Kimball in his role as president. |
| 1:26.0 | So this transformation, I guess, was precursored by a transformation in the leadership team back in December. |
| 1:34.0 | But it certainly still took me as a shareholder and the market by surprise because of what an excellent job Mary Dylan has done. |
| 1:42.0 | Now, she will be staying on for the next year, helping the transition, helping the new CEO Dave Kimball take over his role. |
| 1:50.0 | But he certainly is going to have a challenging 2021 because when you look at Alta's quarter, just their earnings this quarter, their same store sales fell nearly 5%. |
| 2:01.0 | Revenue fell just nominally year-of-year. They stopped their expansion into Canada. |
| 2:06.0 | All of these negative effects coming out of the COVID pandemic. |
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