Winners and Losers Emerge Among Sporting Goods Retailers
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 19 April 2016
⏱️ 21 minutes
🧾️ Download transcript
Summary
The sporting goods industry has become the latest example of how competition and disruption are forcing everyone from big box chains to mom and pop stores to adapt to the new world order in retail.
Transcript
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| 0:00.0 | Sporting Goods are struggling. |
| 0:01.8 | Are kids not playing sports anymore on this consumer goods edition of Industry focus? Greetings |
| 0:14.4 | Fool, Sean O'Reilly here at Fool Headquarters in Alexandria, Virginia. |
| 0:17.8 | It is April 19, 2016, and joining me in studio is the Fool's Own Resident Polymath Mr. Vincent Chen. |
| 0:24.4 | What's up Vince I missed you? |
| 0:25.8 | Polymath I like that. |
| 0:26.8 | Yeah. |
| 0:27.8 | I've seen your presentation skills you're good. |
| 0:29.8 | How are you how was your trip home? |
| 0:31.8 | It was awesome it was I went to the Buckeyes state and it was 70 and sunny every single day and the week previously |
| 0:40.9 | Actually the running joke my family was we would go to like a target or a |
| 0:45.5 | Sam's Club and all this stuff and that'd still be a pile of snow in the parking lot. |
| 0:50.3 | It was, there were small piles granted, but there was definitely and it was just it's absurd. |
| 0:55.0 | It probably gone now after the weather we've had even around here lately. |
| 0:58.0 | But proof positive that jokes about Ohio's weather are there for a reason. |
| 1:09.6 | So before we dive into talking about struggling sports retailers, which we haven't touched |
| 1:15.2 | a ton of the past, but it's a super interesting subject, I wanted to dive into following up on a story that we covered a while ago which was |
| 1:25.0 | AB Inbabs proposed acquisition of S. A. B Miller. Yeah, huge deal over a hundred |
| 1:29.1 | billion dollars, right? And you sent this to me this morning, a very interesting article in the Wall Street Journal. |
| 1:36.0 | They accepted a bit, I guess, of $2.9 billion in cash from Japan's Asahi Group for SAB Miller's premium beer brands, which are and |
| 1:45.0 | these are the European brands. |
| 1:47.0 | Peroni Grulch, I am totally butchering that. |
... |
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