Whole Lotta Shake-Up Goin’ On
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 11 May 2017
⏱️ 27 minutes
🧾️ Download transcript
Summary
Macy’s and Kohl’s had rough 1st quarters. Fool Funds analyst Bill Barker surveys the damage. Whole Foods Market shakes up its board with five new directors and a new chair. Plus, Snap’s first quarterly report wasn’t helped by Snap’s first quarterly conference call.
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Transcript
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| 0:00.0 | Thanks to Harries for supporting this episode of Market Foolery. |
| 0:02.6 | Get your free trial set including a razor handle, five blade cartridge, and shave gel. |
| 0:07.8 | Go to Harries.com slash Fool. |
| 0:10.3 | It's Thursday, May 11th. |
| 0:13.6 | Welcome to Market Foolery. |
| 0:14.8 | I'm Chris Hill joining me in studio today for Motley Fool Funds, Bill Barker. |
| 0:19.1 | Thanks for being here. |
| 0:20.1 | Thanks for having me. |
| 0:21.1 | Thank you for braving the torrential downpour out there and it is torrential. |
| 0:26.0 | You know I was able to make it up from inside the office to inside the office without getting wet. |
| 0:32.0 | You've just got one... Wait, what route do you take to get from the first floor to the floor? the I'm not supposed to talk about that. The other Avengers told me. |
| 0:45.0 | Try the elevator. Just keep it quiet. The elevator work. I know you've got a fear of |
| 0:49.2 | them. Many people do. It's nothing to be ashamed of, but I'm telling you it works and it keeps you |
| 0:53.8 | dry all right fair enough we got a bunch of things to get to with there's a big |
| 0:58.7 | shake up at Whole Foods oh we're definitely going to talk about Snapchat's first quarterly report, but we're going to start |
| 1:05.5 | with retail. |
| 1:08.2 | Macy's and Kohl's both reporting first quarter results. |
| 1:12.1 | Macy's, wow, did they miss big on profits and |
| 1:15.4 | revenue and their same store sales were down more than 4.5%. |
| 1:21.0 | Coles, a couple of bright spots I suppose with Coles, they're discounting less. |
| 1:26.8 | This is something we saw last week with Coach. |
| 1:29.8 | They're discounting less, you know, that's helping a little bit in the case of Coals. It's helping with customer |
... |
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