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earlier today we had the chance to speak with corie barry, the ceo of best buy at one of her beautiful midtown manhattan stores take a look. corie, when you talk about best buy, you don't talk about equipment. you don't talk about the beautiful store. you talk about purpose why? >> purpose is the foundation of why we exist on the planet our purpose we believe is to enrich lives through technology. and don't confuse wit a tag line it is genuinely why we exist on the planet if you were to talk to any employee in this store, they do their job because they want to help the customer accomplish something. not for just a skew or a product, the customer wants to do something they want a better home office they want a better kitchen they want to entertain with their kids i think for our employees, really staying focused on the reason why we exist on the planet, differently than anyone else has been really core to our beliefs. >> to some degree, that has to explain why you have among the lowest turnover of any retailer. turnover being the bane of the profit existence. >> of course you have to pa
earlier today we had the chance to speak with corie barry, the ceo of best buy at one of her beautiful midtown manhattan stores take a look. corie, when you talk about best buy, you don't talk about equipment. you don't talk about the beautiful store. you talk about purpose why? >> purpose is the foundation of why we exist on the planet our purpose we believe is to enrich lives through technology. and don't confuse wit a tag line it is genuinely why we exist on the planet if you were to...
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Apr 7, 2022
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our brand still represents a tremendous value. >> and, jim, you spoke to corie barry from best buy, as well you asked her about the consumer why don't we take a listen to that, too. i think it sets up well for this conversation. >> two things you can say about the consumer e uneven and unpredictable you have those things and a strong housing market and mortgage rates increasing rapidly. you have still strong balance sheets but you can also see interest rates probably rising and credit getting a little higher you have geopolitical unrest so you have the consumer who is kind of got two sides of the teeter to thor at any given point. you know better than anyone, every day that is changing for the consumer >> best buy sells at nine times earnings and levi strauss at 11 times. there's room for the nonhigh flying teches. and yet the nonhigh flying teches and the high flying teches is where everybody is clustered. hp is not. it's an expensive stock. >> right i'm seeing a note, as well, b of a overall card spending on a three year for the month of march up 23.2% only down 40 basis points year
our brand still represents a tremendous value. >> and, jim, you spoke to corie barry from best buy, as well you asked her about the consumer why don't we take a listen to that, too. i think it sets up well for this conversation. >> two things you can say about the consumer e uneven and unpredictable you have those things and a strong housing market and mortgage rates increasing rapidly. you have still strong balance sheets but you can also see interest rates probably rising and...
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Apr 8, 2022
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." >> cory barry, who has an excellent daily wrap and a visionary wrap about best buy. to bridle at what they're saying best buy is at nine times earnings with a 4% yield was it revelatory? wow, maybe toll -- come on stop being as stupid as you are. once we get mortgage rates to six and the number of cut that happens, you have to buy toll. so these people are fighting the last war they think that the market hasn't noticed that! hello! the market hasn't noticed that i mean, hp would be dramatically lower if it weren't for the sociopath -- how could he have been said that about warren buffett? that was horrible. look at macy's macy's is at five times earnings, right? it has a lot of optionality. it happens to have an absolutely terrific ceo it's not revelatory that people think that business is going to get very bad it's not >> so your point is simply, this has already been reflected to a certain extent and stock prices have come down -- >> they're really worried about the consumer macy's is at four times earnings do you think the people that worry that stock is not worri
." >> cory barry, who has an excellent daily wrap and a visionary wrap about best buy. to bridle at what they're saying best buy is at nine times earnings with a 4% yield was it revelatory? wow, maybe toll -- come on stop being as stupid as you are. once we get mortgage rates to six and the number of cut that happens, you have to buy toll. so these people are fighting the last war they think that the market hasn't noticed that! hello! the market hasn't noticed that i mean, hp would...
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i came back from cory barry who was the ceo of best buy. the stuff is selling well.on't know about you, andrew, i'm upgrading everything i realized i can work at home any time i want. >> yep. >> jim we'll see you -- >> that's it i'm talking to you >> i love talking to you -- >> twitter >> what about twitter? what do you think? >> ron warren thinks it's promotion and fun. >> alexa -- >> well right now i have tell you it's the least fun place on earth. >> right [ laughter ] it's a hell scape what it is. >> yeah. no one even gives you a heart. i learned so much from it. i'm sure he does, too. andrew, the people, the anonymous people who hate me i'm coming after them like a baseball bat like al can own, if you put them in a room. >> should tesla be worth more or less >> more. he can talk about baron. he can talk about the big things that he believes in. solar power and the northeast corner of colorado can power our whole country. he's a big thinker we're tiny. >> the biggest thinker, jim. >> the biggest ♪ ♪ >> we're getting the -- >> no, i miss you! >> i miss you. we'll
i came back from cory barry who was the ceo of best buy. the stuff is selling well.on't know about you, andrew, i'm upgrading everything i realized i can work at home any time i want. >> yep. >> jim we'll see you -- >> that's it i'm talking to you >> i love talking to you -- >> twitter >> what about twitter? what do you think? >> ron warren thinks it's promotion and fun. >> alexa -- >> well right now i have tell you it's the least fun place...
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Apr 10, 2022
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cori. >> thank you so much, stay safe in lviv, and we'll get back to you for the latest developments soon. retired army general barry mccaffrey, we're bringing you in for just a little more breakdown on details of all this. some of these major military moves, general, thank you for being with us this morning. ukraine says that britain is giving them what they need. the u.s. also saying they're providing weapons. decode this for us. what do you think is actually being sent to ukraine? >> cori, it has been a simply magnificent performance by nato, by the united states, by individual countries like the united kingdom, to come together in a very short period of time. i served in nato headquarters for two years, in their political headquarters. i used to tell people it takes five to 15 years to make a decision. so in a matter of weeks, there's been a remarkable support. secretary lloyd austin, secretary of state blinken, they built a global consensus to support ukraine, never mind nato and individual countries. it's a new phase in the war now. they're trying to think through it. they're going to have to provide the tools
cori. >> thank you so much, stay safe in lviv, and we'll get back to you for the latest developments soon. retired army general barry mccaffrey, we're bringing you in for just a little more breakdown on details of all this. some of these major military moves, general, thank you for being with us this morning. ukraine says that britain is giving them what they need. the u.s. also saying they're providing weapons. decode this for us. what do you think is actually being sent to ukraine?...