Zscaler, Nordstrom, and The Lauren Hobart Era

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4.7 • 1.7K Ratings

🗓️ 26 May 2021

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

Shares of Dick’s Sporting Goods hit an all-time after a monster 1^st-quarter, as CEO Lauren Hobart continues to impress. Zscaler pops 15% after the cybersecurity company continues to invest in growth. Alicia Alfiere analyzes those stories, as well as the challenges and possibilities facing Nordstrom.

Transcript

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0:00.0	It's Wednesday, May 26th, welcome to Marketfullery.
0:05.8	I'm Chris Hill with me today, Alicia Alfieri.
0:08.2	Thanks for being here.
0:09.4	So glad to be here.
0:11.2	We've got retail earnings.
0:13.5	We're going to start today in the cloud.
0:15.9	Z-scaler, the cloud-based cybersecurity company,
0:19.1	out with a strong third-quarter report.
0:21.6	Revenue was higher than expected.
0:23.0	Their full-year guidance was upbeat.
0:26.0	They cited increased demand for cybersecurity products
0:29.0	and services and shares of Z-scaler up 15% this morning.
0:33.5	Yeah, so let's talk briefly about Z-scaler.
0:36.7	So as you mentioned, their cloud-based cybersecurity
0:39.4	platform that offers its services on a subscription basis.
0:44.1	They provide protection no matter where users are.
0:47.0	So this is increasingly important in our remote work
0:50.0	lives.
0:50.8	And as the company noted in their call,
0:53.2	increasingly important as more and more companies
0:56.0	find themselves dealing with ransomware
0:58.7	and other cyber attacks.
	...

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