The Joy of Having An Easy Act to Follow

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4.7 • 1.7K Ratings

🗓️ 19 August 2015

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Brian Cornell caps his 1^st year as Target’s CEO with another strong quarter. Lowe’s 2^nd-quarter results are solid, not spectacular. Plus we analyze Yum Brands’ new leadership in China and yet another new Colonel Sanders.

Transcript

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0:00.0	It's Wednesday, August 19th.
0:03.6	Welcome to Market Foolery.
0:04.8	I'm Chris Hill joining me in studio today
0:06.7	for Motley Fool Funds, Bill Barker.
0:08.8	Happy Wednesday, my friend.
0:10.6	Thank you.
0:11.2	It is a happy Wednesday, because you're off to London tonight.
0:15.0	I am. Yes.
0:17.0	Armed with information from our listeners who very generously wrote in to say hey here are some things that's the kind of
0:26.5	listeners you have the but when you say dozens yes like like, like four dozen or like, just dozens?
0:36.4	Twelve dozen?
0:37.4	Plural.
0:38.4	Dozens of dozens? Yesterday we talked about Walmart and Home Depot.
0:41.6	Today we're going to talk Target and Lowe's we will also dip
0:45.7	into the full mail bag and and the rare bit of good news out of China for young
0:50.4	brands we will get to that but let's start with Target. Second quarter results,
0:55.7	profit and revenue. Both better than expected. Their online sales are looking pretty good.
1:01.6	I think we are just about at the one year anniversary of Brian Cornell taking the CEO
1:08.7	job at Target and it is, I would be stunned if anyone looked at this first year for him as anything
1:16.2	but an unqualified success.
1:18.0	Yes and we've we've talked about my personal belief that the key to life is having an easy act to follow, especially
1:26.7	in a CEO job.
	...

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