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Motley Fool Money

Target's Improving Inventory

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 28 February 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

After a particularly rough 2022, Target is getting back to basics.

(0:20) Matt Argersinger discusses:
- Zoom Video's slowing revenue growth
- How Zoom's brand gives it an advantage against bigger competitors
- Target beating expectations with household items, groceries, and a better management of its inventory

(11:00) Alison Southwick and Robert Brokamp take a closer look at tech layoffs in 2023 and one company that's managed them well.

To watch the 30-minute deep dive on dividend investing go to MasterClass.Fool.com before midnight on Wednesday!

Companies discussed: ZM, MSFT, GOOG, TGT, WMT, HD, AAPL, ZM

Host: Chris Hill
Guests: Matt Argersinger, Alison Southwick, Robert Brokamp
Producer: Ricky Mulvey
Engineer: Rick Engdahl

Transcript

Click on a timestamp to play from that location

0:00.0

We've got more retail, more layoffs, and for anyone who's interested, a deep dive

0:09.8

on dividend investing.

0:11.7

Motley Fool Muttings starts now.

0:14.2

I'm Chris Hale, joining me today, Motley Fool Senior Analyst Matt Argusinger.

0:20.6

Thanks for being here.

0:21.8

You bet, Chris.

0:23.8

Let's start with Zoom video, shall we?

0:25.8

This fourth quarter profits in revenue were higher than expected.

0:29.8

Revenue was up, but it was only up 4% compared to a year ago, and this continues the trend

0:36.6

that we've seen for a while from Zoom video, which is they're growing, but it's slower

0:41.3

growth than we've seen in the past.

0:43.1

I know.

0:44.1

It's hard to imagine a company's Zoom video growing revenue, it's just 4% because I think

0:48.5

everyone, including me, because I haven't looked at Zoom very carefully until recently,

0:52.4

just you assume that it's still in that high-tech, high-growth category.

0:57.0

It is.

0:58.0

It's still a very essential technology communications company, right?

1:02.4

But to see revenue just up 4%, it's amazing to see the slowdown they've had, but I think

1:08.0

the story of a Zoom is, it's one of those ones where so much of its future came within

1:15.2

18 months when the pandemic hit in early 2020.

1:19.2

It just pulled so much of it forward, and the question is, is it a sustainable business

1:24.4

going forward?

...

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