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Transcripts For CNBC The Profit 20240712

The passion i didnt get that. Lemonis . This business will come to a bitter end. You should pack your [bleep] and you should go. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs, and i do it to make money. This is the profit. Lets go to work. In 2009, steve sims started bodhi leaf coffee traders, a purveyor of the finest coffee beans grown in unique microclimates across the globe. Steve we go to the farms, we source all the coffees, import them, handcraft each batch. So, were looking for the best of the best out there. Lemonis previously, steve was in real estate. And he didnt know much about coffee before he got into the game, but he proved to be a quick study, buying only the best beans and reselling them here in the united states. S

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Transcripts For CNBC The Profit 20240712

Thats not what an equal partnership looks like. If you have an opinion, he has to listen to it. If i cant help her step up as a leader and restore this business to order, its doors will close forever. You got somebody else to write a check . Howard well just keep going on the way we are. Lemonis and you will not survive. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. In 1996, with the help of his best friend, robyn coval, Howard Nourieli opened bowery kitchen supplies, a store serving professional chefs and home cooks alike. Howard robyn, why are these here . Lemonis the two soon married and started a family, and bowerys reputation grew, its vast selection making it o

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Transcripts For CNBC The Profit 20240712

Monica [ voice breaking ] anybody who wants to support my mom, [bleep] go for it. Lemonis if i cant convince her to trust my process, Monica Potter home may be at risk of closing forever. Monica i just i cant do it. Lemonis sit tight for a second. Monica ii cant do any more. Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. You might recognize Monica Potter from nbcs longrunning series parenthood. But when shes not making movies or tv, shes making products like skincare, room sprays, and candles and selling them through her company, Monica Potter home. Monica the best part about the whole company is we are bringing jobs back home. Lemonis a cleveland native, monic

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Transcripts For CNBC The Profit 20240712

Before this business crumbles and dozens of employees are out on the street. You dont know how to manage this place. Well. [blathers] my name is marcus lemonis, and i fix failing businesses. I want 25 . Youre gonna make a decision now. I make tough decisions. Youre being demoted. Back them up with my own cash. Its not always pretty. Get your ass back here right now. This is business. I do it to save jobs, and i do it to make money. This is the profit. [upbeat music] jacob maarse florists is a pasadena institution. For 52 years he was the goto florist. The business made millions supplying flowers for president ial inaugurations, celebrity events, and the annual rose bowl parade. When jacob died in 2010, his son hank took over the business. Its been a very tough transition. Hank has struggled to lead. Therell be some growing pains. Um. So, well, first of all, im on the top, im the president , im the owner. Just three years later, revenue is down and those profits have turned into losses.

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Transcripts For BLOOMBERG Whatd You Miss 20240712

Higher . Apple, facebook. Pinterest is up 36 today. Take a moment to digest. Romaine they were so quiet on that. I purchase all my thoughts there. Vital farms, the ceo on earlier. Pinterest surging advertisers and users. One of the smaller tech companies. The Advertising Market is interesting to me. Are of the businesses advertising, some are not. If there is another downturn, do they advertise . Do they not . The chiefets get to Market Strategist at prudential. I want to get into the discussion with what we saw. Oing on with the dollar there are pockets that do better with the weaker dollar. Just taking a pullback, a breather. It helps financial conditions. You always hear it has not been networking well, but perhaps it will. The weaker dollar is good for emerging markets, commodity producers, those with heavy dollardenominated debt, the weaker dollar helps them, but the emerging markets if you look at the indexes, it is about china, 40 of any index. Anetheless, it should provide tail

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