For Facebook, Kroger, and Barnes & Noble, the Watchword Is Change
The pace of change in technology and business is continually accelerating, and if your company isn't leading the disruption, odds are good that it's the target of it. Case in point: three stalwart segment leaders that need to figure out how to adapt. First up, we have Facebook (NASDAQ:FB). In a fascinating blog post, CEO Mark Zuckerberg just announced he wants to redesign the whole company to be more privacy focused -- which sounds great in theory, but could make profits much harder to come by. Next, leading U.S. supermarket operator Kroger (NYSE:KR) disappointed on earnings and revenue Thursday, in part because of how much it's spending on e-commerce, delivery, and other areas to stay competitive. And as for Barnes & Noble (NYSE:BKS), well, the last giant bookstore chain may be profitable, but it's still in dire need of a map so it can get out of its long decline.
In this Market Foolery podcast, host Mac Greer and senior Motley Fool analysts Ron Gross and Jason Moser discuss the latest news around those companies, dig into their businesses and plans, and consider the next stages of their evolutions.
A full transcript follows the video.
This video was recorded on March 7, 2019.
Mac Greer: It's Thursday, March 7. Welcome to Market Foolery! I'm Mac Greer, and joining me in studio, we have Motley Fool analysts Ron Gross and Jason Moser. Gentlemen, welcome! How are we doing?
Jason Moser: Hey!