Where the Money Is 11.18.2014
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 18 November 2014
⏱️ 11 minutes
🧾️ Download transcript
Summary
Black Friday is a little over a week away -- what does this huge sales day mean for retailers? Consumer goods analysts Sean O'Reilly and Nathan Hamilton tell us more.
Transcript
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| 0:00.0 | We're talking Black Friday on this edition of Where the Money is. |
| 0:04.0 | Welcome to the show of Fool's. |
| 0:08.0 | I am Nathan Hamilton, of course joined by Consumer Goods Analy, |
| 0:14.0 | How's it going Nathan? |
| 0:15.0 | It's good. |
| 0:16.0 | We're going to be talking about an interesting topic today, huh? |
| 0:18.0 | Yeah, and we're obviously talking about Black Friday, |
| 0:20.0 | but did you know that there's actually a national holiday next week |
| 0:23.6 | called Thanksgiving? Hmm. Isn't that we go shopping at 6 PM at night on Thanksgiving |
| 0:29.6 | right? That's what we do. I don't think there's any food involved at all or |
| 0:32.2 | family togetherness, nothing. |
| 0:34.0 | Well, it's a good segue, actually. |
| 0:36.5 | I ran some numbers before our conversation today, and I wanted to see if you could guess what the theme is between these numbers. |
| 0:44.1 | Okay, I won't peak. |
| 0:45.1 | So, we're looking at Comps for retailers. |
| 0:48.1 | So for this set of retailers, average Comps were 0.7% in the most recent quarter. |
| 0:53.8 | The second set of retailers, average comps were 7.5%. |
| 0:58.7 | Oh, wow. |
| 0:59.5 | What do you think the difference is |
| 1:00.5 | between those two sets of companies. |
| 1:04.0 | One of them sells turkeys and the other doesn't? |
| 1:07.6 | No? |
... |
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