What Are These CEOs Hoping Santa Brings Them?
Plenty of CEOs out there are desperately hoping they're on Santa's nice list this year. That definitely includes J.C. Penney CEO Mike Ullman and Sears CEO Eddie Lampert -- both have had rough years with their companies, and both are probably hoping Santa brings them more customers. J.C. Penney has seen shares decline 60% this year, and 40% since Mike Ullman came aboard, which is why the team thinks he'll be hoping for more customers underneath his Christmas tree.
Meanwhile, Wal-Mart CEO Doug McMillon will be having a merry Christmas this year if his company's share price is any measure, but he'll probably be hoping for better U.S. comps in 2014. Wal-Mart's up 12% this year and had a strong black Friday, but comps have been decreasing every quarter since June 2009. And lululemon athletica's new CEO Laurent Potdevin is probably just hoping Chip Wilson stays away. Now that Lululemon's founder has stepped down from his position on the board, Potdevin may have room enough to breathe and make some positive changes at the yoga retailer.
Finally, Reed Hastings and Jeff Bezos over at Netflix and Amazon seem like they're definitely on Santa's nice list considering the success their respective companies have had this year. Shares of Netflix are up more than 300% this year, which means that all Reed Hastings really wants is for investors to stop investing in his company (or so he says). And Jeff Bezos is probably just hoping that the FAA doesn't shoot down his new drone idea--but if they let Santa fly, who's to say they won't let drones deliver packages?
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The article What Are These CEOs Hoping Santa Brings Them? originally appeared on Fool.com.
Mark Reeth has no position in any stocks mentioned. Michael Finarelli has no position in any stocks mentioned. Sean O'Reilly has no position in any stocks mentioned. The Motley Fool recommends Amazon.com, LeapFrog Enterprises, Lululemon Athletica, and Netflix. The Motley Fool owns shares of Amazon.com, LeapFrog Enterprises, and Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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