Same-Shack Sales
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 10 November 2016
⏱️ 17 minutes
🧾️ Download transcript
Summary
Macy’s posts its 7th straight month of falling same-store sales, which makes the upcoming holiday quarter even more important. Shake Shack serves up a tasty 3rd quarter report, while Party City falls victim to Halloween falling on a Monday. Plus, analyst Jason Moser previews Walt Disney’s upcoming earnings report.
Transcript
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| 0:00.0 | This episode of Market Foolery is brought to you by Rocket Mortgage by Quickin Loans. |
| 0:03.0 | Rocket Mortgage brings the mortgage process into the 21st century with a fast, easy, and completely |
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| 0:12.4 | It's Thursday. at Quicken Loans.com. Slash Fool. |
| 0:13.0 | It's Thursday, November 10th. |
| 0:16.0 | Welcome to Mark Fulry. |
| 0:17.0 | I'm Chris Hill joining me in studio today |
| 0:19.0 | for a million dollar portfolio. |
| 0:20.0 | Jason Moser. |
| 0:21.0 | Thanks for being here, man. |
| 0:22.0 | Ao! I know I pulled you out of a meeting so I appreciate that. |
| 0:25.6 | Well, you know, yeah, an important meeting. You know, I like that you and the other analysts all get together. |
| 0:33.0 | An investing team meeting, you know? |
| 0:35.0 | I mean, we are thought of in some circles as an investing company. |
| 0:41.0 | I would be included in that circle. |
| 0:42.0 | Yeah. But yeah, no, you didn't yang me out of the meeting. We finished right on time, thankfully. So it was from one meeting to another duty, so to speak. |
| 0:51.6 | Let's get to some earnings, because we've got some earnings today in the retail space and the |
| 0:58.0 | restaurants. |
| 0:59.0 | We'll start with Macy's though. |
| 1:01.0 | Shares of Macy's are up 8% so far today. Help me to understand why. Because on the |
| 1:08.0 | surface, this was not a great quarter. Third quarter profits and revenue came in much |
| 1:12.3 | lower than expected. |
... |
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