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The Best One Yet

SmileDirectClub’s IPO, Estée Lauder’s airport makeup passion, and 181 CEOs renew their vows.

The Best One Yet

Nick & Jack Studios

Business News, Tech, News, Finance, Business, Pop Culture

4.69.8K Ratings

🗓️ 20 August 2019

⏱️ 17 minutes

🧾️ Download transcript

Summary

Makeup legend Estée Lauder jumped 13% after its earnings report, but we were most interested in its “travel retail channel” surprise. SmileDirectClub wants to IPO, so we jumped into its filing documents and found an Instagram story. And the Business Roundtable held a meeting, but ended up renewing its vows of what being a corporation actually means today.Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

Click on a timestamp to play from that location

0:00.0

This is Nick, this is Jack.

0:02.9

This is Snacks, daily it is Tuesday, August 20th.

0:06.2

We are back baby.

0:07.4

It feels good.

0:08.4

This is the best one yet.

0:09.4

This is actually the best one we've done at least a week.

0:11.4

Stocks rebounded after three weeks of losses.

0:15.6

And we have three great stories for you.

0:17.2

And we got three days of up in a row, Jack.

0:19.4

What have we got?

0:20.3

This is quite a big number one is the unicorn of the day.

0:23.0

A smile direct club.

0:24.3

Stick it on a registry date.

0:25.5

It's worth $3.2 billion and it's helped 700,000 people smile.

0:29.9

Now it's got its IPO coming up.

0:31.6

If you've got teeth or you've got a Tinder profile,

0:33.8

you should probably be listening to this.

0:35.4

Second story is, S-Day Lauderd.

0:37.8

The stock jumped 13% after its makeup and skin care

0:40.6

were off the hook selling.

0:42.2

We're looking at one aspect travel makeup.

0:45.0

Please present your boarding pass, Jack.

...

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