Thanksgiving Overrated/Underrated
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 22 November 2017
⏱️ 32 minutes
🧾️ Download transcript
Summary
Shares of Signet Jewelers fall 30%. Motley Fool Asset Management’s Bill Barker analyzes whether a new CEO can turn things around at Signet. We also discuss Bill’s trip to Dubai to check in on NMC Health. Plus, we bring producer Dan Boyd into the conversation as we debate overrated and underrated Thanksgiving Day foods and traditions. (Tangents include visiting a coffee museum, the almost complete lack of editing on MarketFoolery, and the mispronunciation of Sweden’s 2nd-largest city.)
Transcript
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| 0:00.0 | Support for market foolery comes from our friends at Rocket Mortgage by Quick and Loans. |
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| 0:17.0 | It's Wednesday, November 22nd. |
| 0:20.0 | Welcome to Market Foolery. |
| 0:21.0 | I'm Chris Hill joining me in studio for Motley Full Asset Management, Bill Barker. Happy Thanksgiving Eve. |
| 0:27.0 | Almost. Yes. It is. Eve, it is Eve. Yeah. We're going to talk about Thanksgiving because of course we are but |
| 0:35.4 | Before we do that before we dip into the full mailbag which and before we talk about your recent trip to Dubai |
| 0:41.4 | Which you claim had something to do with investing. |
| 0:45.2 | We're going to talk about signet jewelers because on Tuesday, signet jewelers, that stock just got |
| 0:51.8 | punched in the mouth. It was now 30%. It was the worst, it was the single |
| 0:56.0 | worst day in 25 years. How much did they lower their |
| 1:05.0 | guidance because this is the diamond seller and their third quarter sales were down a little bit 2.5 |
| 1:10.0 | percent. Their same store sales were down 5 percent. That's not falling through the floor. |
| 1:15.9 | They lowered guidance and I have to imagine they're setting 2018 up to be a terrible year because you don't you don't see your stock drop 30% |
| 1:27.2 | Unless you're really giving yourself a haircut. Yeah, it's been an anise horribilous for signet to quote an old Queen Elizabeth |
| 1:37.0 | phrase. Bad year. Bad year. Terrible year. Yeah. Terrible year. |
| 1:41.0 | Starting and I think you covered this a lot back when they were having all of their harassment issues. |
| 1:49.3 | With Mark Light, the former, the now former CEO. |
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