Jenna Lee
Jenna Lee
Jenna Lee joined the FOX Business Network as an anchor in September, 2007, coming from Forbes.com,
where she served as a news anchor and reporter.
While there, Lee conducted interviews with various leaders in the business community, both on-set and in the field, and covered
multiple beats, including investing, the leisure industry, alternative business practices and international news.
Prior to her stint at Forbes.com, Lee worked for NY1, serving as a reporter and a segment producer for Fortune Business Report.
While there, she also served as an associate producer for Inside City Hall, a live nightly politics program, and as a writer
for their morning newscast.
She is a graduate of the University of California with a Bachelor of Arts in English and Global & International Studies. She also holds a Master of Science degree in Journalism from Columbia University.
WATCH FOXBusiness.com LIVE with Connell McShane and Jenna Lee Weekdays @ Noon ET. Talk to us at FBNlive@foxbusiness.com
What was your first job?
My first job was working in an apple orchard. My brothers and I were paid based on the number of bags we could fill.
Are you a spender or a saver?
I save for a rainy day but when it rains, I don't mind spending!
What was the one thing you regret buying?
In hindsight, the money I poured into buying parts for the 1963 Chevy Impala I drove in college.
What was your biggest money indulgence?
My biggest indulgence was a round-trip ticket to Nepal, where I went trekking in the mountains for three weeks.
What was the best money advice you received?
Always take your receipt!
FOX Translator
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Most folks judge the health of a business by the revenue that comes in through sales. But not all revenue is equal. Companies can grow their sales by buying other companies, which means you don't get a clear view of how the real sales trends are moving.
So, many analysts, particularly those who look at retail, try to gauge what¿s known as "organic" growth, by looking at same-store sales. These are sales only at outlets open more than a year, so the metric can exclude any sales jump that comes from opening new locations. Retailers release same-store sales (which are frequently called "comps" since they're a true comparison from the previous period) every month.
Retail, incidentally, isn't the only industry to look at same-store sales. Hospital companies, also use the metric, to gauge how existing hospitals are performing compared to ones they just built or acquired.
