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MarketFoolery

Swiping Right on Match Group

MarketFoolery

The Motley Fool

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

4.71.7K Ratings

🗓️ 8 May 2019

⏱️ 26 minutes

🧾️ Download transcript

Summary

Match Group shares hit an all-time high after a stellar 1st-quarter report. MFAM Funds portfolio manager Bill Barker analyzes Match Group’s growing strength and how crucial Tinder is to the business. Lyft shares hit a new low after its first-ever quarterly report features a loss of over $1 billion. Wendy’s and Papa John’s produce similar 1st-quarter reports in that both chains are facing challenges (albeit different ones). Plus, we preview this weekend’s bonus episode of MarketFoolery!

Thanks to Grammarly for supporting The Motley Fool. For 20% off a Grammarly premium account, go to http://www.Grammarly.com/Fool.

Transcript

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0:00.0

Thanks to Grammarly for supporting market foolry.

0:02.0

Grammarly is a communication tool that helps people improve their writing to be mistake-free, clear, and effective.

0:08.0

Start writing confidently by going to Grammarly.com slash Fool and get 20% off a grammarly premium account today.

0:15.0

It's Wednesday, May 8th.

0:18.0

Welcome to Market Flory.

0:19.0

I'm Chris Hill joining me in studio from M-Fam Funds, the one- one and only Bill Barker. Thanks for being here.

0:24.3

Thanks for having me. We've got restaurant earnings, we've got match group hitting an

0:28.8

all-time high. We're going to start with Lift issuing its first report as a public company, and it's a memorable

0:34.8

one because LIFT lost a billion dollars in the quarter.

0:39.6

The company says that this will be its peak year for losses and that it sees a clear path to

0:44.9

profitability. Boy I really hope so because they just lost a billion dollars in

0:50.4

90 days. Yeah, I think that that is not easy to do. Yes. You know, despite the

0:58.9

headlines today about one of the leaders of this country having lost a billion dollars.

1:04.8

That took him 10 years.

1:05.8

Right, not in 90 days.

1:07.8

He couldn't do that.

1:10.3

Although he did it three times, but that's another story.

1:12.5

That's another story.

1:13.4

That's another story.

1:14.4

And yeah, they've projected an Ebita loss for 1.15 to 1.175 billion, that's a rather specific range, fairly tiny range given the size of the loss.

1:31.0

It's like a 1% delta between the high and low of that range on 3.2 to 3.3 billion dollars in

1:40.4

revenue. So you've got a competing stories here. One, extraordinary growth at the

...

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