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MarketFoolery

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MarketFoolery

The Motley Fool

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

4.71.7K Ratings

🗓️ 13 January 2020

⏱️ 19 minutes

🧾️ Download transcript

Summary

Five Below falls 15% after holiday sales come in lower than expected. Amazon squares off with PayPal over its acquisition Honey, the shopping rewards platform. Jim Mueller analyzes the latest in retail and payments. Plus, we discuss Morning Consult’s survey of the most trusted brands, including Amazon, Google, Netflix, Disney, PayPal, and the U.S. Postal Service!

Thanks to Molekule for supporting our podcast. Get 10% off your first air purifier at http://www.molekule.com with code “fool10”.

To check out Morning Consult’s survey of the most trusted brands, click here: https://morningconsult.com/most-trusted-brands/

Transcript

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0:00.0

This episode of Marker Foolery, it's brought to you by Molecule.

0:02.8

Molecule is reimagining the future of clean air, starting with the air purifier.

0:07.0

For 10% off your first air purifier, visit Molecule.com, that's M-O-L-E-C-E.comcom and use the promo code Fool 10 at checkout.

0:17.0

It's Monday, January 13th.

0:21.8

Welcome to Market Foolry.

0:23.4

I'm Chris Hill with me in studio today,

0:25.5

the one and only Jim Mueller.

0:26.6

Thanks for being here.

0:27.4

Hey Chris, how are you?

0:28.4

I'm doing all right.

0:29.2

I'm doing better than five below.

0:31.2

We're gonna get to five below. We also have a really interesting survey

0:35.9

about brand and trust and we will get to that. Let's start with Five Below. On last week's

0:43.4

episode Let's episode one episode last week we talked about

0:46.9

Costco coming out with their sales numbers for the holiday for

0:51.4

December and five below the discount retailer came out this morning

0:56.6

and lowered guidance for its fourth quarter and for the entire fiscal year and

1:01.2

that's because their holiday sales and I think I have this

1:04.8

right that it's covering basically all of November and December.

1:10.3

We're terrible. Is is terrible an overstatement?

1:13.8

The stock is down 16%.

1:15.6

Well, the stock is down 19 or 20% first thing in the morning.

...

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