- (1:00) - Earnings Overview: Lululemon, Costco and Ulta Beauty
- (5:00) - Political Turmoil In Italy
- (12:35) - The Trade War Continues
- (14:50) - Friday Jobs Report
On today’s episode of the Zacks Friday Finish Line, Associate Stock Strategist Ryan McQueeney and Editor Maddy Johnson take on this week’s biggest stories, including earnings reports from the likes of Lululemon (LULU - Free Report) , Costco (COST - Free Report) , and Ulta (ULTA - Free Report) , as well as the latest political turmoil in Italy and new trade war tensions between the U.S. and multiple allies.
Make sure to subscribe and leave the show a rating on Apple Podcasts!
Maddy and Ryan started this week’s show with a power run through the last batch of trendy Q1 earnings reports. Lululemon impressed investors with a solid beat and raise quarter, while Costco saw pressure on its margins and Ulta hoped to keep up with astronomical expectations investors have built for it.
The hosts dig into all of these reports to provide listeners with the key information they need to know now—and what they need to watch for from these companies going forward.
Maddy and Ryan also discussed the turmoil in Italy this week, with opposition populist parties finally reaching an agreement to install a new government on Friday. Still, uncertainty about whether the Eurozone’s third-largest economy will remain close with the EU lingers throughout the continent, and the lack of political experience from Italy’s new leaders presents significant challenges.
Finally, the hosts conclude the show with a look at the latest macroeconomic news in the U.S., including the Trump administration’s new tariffs on allies from the EU, Canada, and Mexico, as well as the great jobs report that helped lift stocks on Friday morning.
As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at firstname.lastname@example.org. Make sure to check out all of our other audio content at zacks.com/podcasts, and remember to subscribe and leave us a rating on Apple Podcasts.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>