For P&G and Trex, the Outlooks Are Bright
To succeed in the marketplace, the first thing you need is a good product. Or, better still, many good products. But that is far from all you need. Consider three well-known companies that reported quarterly earnings on Tuesday: Under Armour (NYSE: UA) (NYSE: UAA), Procter & Gamble (NYSE: PG), and Trex (NYSE: TREX). There's no denying that Under Armour's athletic apparel is high quality, but there's also no denying that its management hasn't been for awhile. P&G built a portfolio of classic brands, but then got caught with its pants in the laundry due to shifting consumer tastes and nimble new competitors. And as for Trex, well, the composite decking maker is so clearly the leader in its niche that you'd be hard-pressed to name another rival, but it's still not immune to supply chain woes, nor macroeconomic headwinds. However, two of those three are overcoming their challenges while one isn't.
In this MarketFoolery podcast, host Chris Hill and MFAM Funds CIO Bryan Hinmon dig into the underlying stories of these companies and their latest reports and offer some insights and takeaways for investors.
To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. A full transcript follows the video.
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