1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,240 --> 00:00:13,360 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:17,400 Speaker 1: harnessing the power of Bloomberg Data. Let's stick a look 4 00:00:17,400 --> 00:00:18,680 Speaker 1: at some of the stocks on the move today on 5 00:00:18,720 --> 00:00:21,200 Speaker 1: Paul Sweeney alongside Scarlet Fuh and we're joined by Bloomberg's 6 00:00:21,200 --> 00:00:22,560 Speaker 1: and Norma Linda or what are you looking at? 7 00:00:22,680 --> 00:00:24,439 Speaker 2: Well, there was a big selection to choose from, but 8 00:00:24,480 --> 00:00:27,360 Speaker 2: I'm looking at shares of a censure that is ticker ACN. 9 00:00:27,640 --> 00:00:29,960 Speaker 2: We're seeing shares lower down about one percent right now 10 00:00:30,000 --> 00:00:31,560 Speaker 2: as we speak. This is after the company gave a 11 00:00:31,640 --> 00:00:35,120 Speaker 2: second quarter revenue forecast with a midpoint that fell below 12 00:00:35,159 --> 00:00:37,800 Speaker 2: what analysts had expected. We did have vital knowledge the 13 00:00:37,840 --> 00:00:40,519 Speaker 2: analysts over there saying that they do think that the 14 00:00:40,520 --> 00:00:43,080 Speaker 2: company put up respectable numbers, but they say that the 15 00:00:43,080 --> 00:00:46,640 Speaker 2: company is often grouped in the AI losers basket amid 16 00:00:46,640 --> 00:00:49,680 Speaker 2: fears that its model will be disrupted by new technologies. 17 00:00:49,720 --> 00:00:51,720 Speaker 2: So we are seeing shares a touch lower. And it 18 00:00:51,760 --> 00:00:54,160 Speaker 2: hasn't really been a pretty year for the company. Shares 19 00:00:54,160 --> 00:00:56,280 Speaker 2: down about twenty three percent so far this year. 20 00:00:56,760 --> 00:01:01,080 Speaker 3: And my favorite shoe company is it? Yes, I'm sorry 21 00:01:01,120 --> 00:01:02,840 Speaker 3: with some news. I have like twenty pairs of I 22 00:01:02,840 --> 00:01:03,400 Speaker 3: have it from. 23 00:01:03,360 --> 00:01:06,040 Speaker 2: Obsessed with Birkenstocks. I didn't know if people are still 24 00:01:06,080 --> 00:01:06,720 Speaker 2: buying burkes. 25 00:01:06,720 --> 00:01:08,880 Speaker 3: I have sneakers Birkenstock sneakers. 26 00:01:08,959 --> 00:01:10,040 Speaker 2: See any exist day. 27 00:01:10,120 --> 00:01:13,280 Speaker 3: So you're loyal, Yes, loyal as several like at least 28 00:01:13,280 --> 00:01:14,360 Speaker 3: four well. 29 00:01:14,400 --> 00:01:18,759 Speaker 2: Shares of Birkenstock are lower ticker b IRK down about 30 00:01:18,840 --> 00:01:20,960 Speaker 2: nine percent right now. This is after the company gave 31 00:01:21,000 --> 00:01:24,240 Speaker 2: an outlook that was seen as disappointing. They're essentially forecasting 32 00:01:24,280 --> 00:01:27,679 Speaker 2: slower sales growth for the year ahead. This is, of 33 00:01:27,720 --> 00:01:30,240 Speaker 2: course due to the impact of the weaker US dollar. 34 00:01:30,319 --> 00:01:32,920 Speaker 2: They also cite tariffs, so we really are trying to 35 00:01:32,959 --> 00:01:35,640 Speaker 2: see the CEO coming up with some sort of turnaround story, 36 00:01:35,640 --> 00:01:37,720 Speaker 2: but right now it doesn't seem as though it's paying off. 37 00:01:38,000 --> 00:01:40,280 Speaker 2: As it currently stands Shares with the company are down 38 00:01:40,319 --> 00:01:42,880 Speaker 2: about twenty six percent so far this year. 39 00:01:43,000 --> 00:01:44,520 Speaker 1: Are Birkenstocks cool? 40 00:01:44,720 --> 00:01:47,520 Speaker 2: Are they comfy or are they just comfy? You break them both? 41 00:01:47,520 --> 00:01:50,360 Speaker 3: They're both okay. They're very comfortable, and they're wide in 42 00:01:50,400 --> 00:01:52,960 Speaker 3: the toe box, which is important for me. And they 43 00:01:53,000 --> 00:01:55,640 Speaker 3: have you know, an arch support, so that's also good. 44 00:01:55,920 --> 00:01:58,240 Speaker 3: The only criticism I have is that the soul gets 45 00:01:58,520 --> 00:01:59,600 Speaker 3: it wears down pretty quickly. 46 00:01:59,680 --> 00:02:01,720 Speaker 2: I do see that. I do see that. I've never 47 00:02:01,840 --> 00:02:03,160 Speaker 2: under payer, never underpair. 48 00:02:03,200 --> 00:02:05,720 Speaker 3: But though the ones that look like mushrooms, I don't. 49 00:02:05,800 --> 00:02:07,720 Speaker 3: I think it's the Boston one. Those are really popular 50 00:02:07,800 --> 00:02:08,240 Speaker 3: right now. 51 00:02:08,120 --> 00:02:09,440 Speaker 2: Now I have to look up all the photos. I know. 52 00:02:09,480 --> 00:02:10,480 Speaker 1: Now we have to do well. 53 00:02:10,480 --> 00:02:12,520 Speaker 3: We're gonna get Paul Sweny in some brick and sauce. 54 00:02:14,200 --> 00:02:14,919 Speaker 2: I'll pay to. 55 00:02:14,880 --> 00:02:16,880 Speaker 1: See that, please, all right. 56 00:02:16,919 --> 00:02:21,600 Speaker 2: Carmacks Carmacks Sticker k M eggs also lower earlier. Now 57 00:02:21,600 --> 00:02:23,519 Speaker 2: it's in the green, but we did see shares earlier 58 00:02:23,520 --> 00:02:26,280 Speaker 2: falling more than six percent in this training session. This 59 00:02:26,400 --> 00:02:29,000 Speaker 2: after the company warned about fourth quarter margins. They're saying 60 00:02:29,000 --> 00:02:31,919 Speaker 2: that they expect lower retail used margins in the fourth 61 00:02:31,960 --> 00:02:35,960 Speaker 2: quarter in order to improve price competitiveness. The company also 62 00:02:35,960 --> 00:02:38,200 Speaker 2: plans to boost it spending on marketing. So it doesn't 63 00:02:38,200 --> 00:02:40,160 Speaker 2: seem as though this is what investors wanted to hear. 64 00:02:40,200 --> 00:02:42,280 Speaker 2: What we are seeing shares bouncing back just a tad 65 00:02:42,520 --> 00:02:44,640 Speaker 2: of about eight ten percent right now as we speak. 66 00:02:44,639 --> 00:02:46,560 Speaker 2: But it really hasn't been a great year for the company. 67 00:02:46,639 --> 00:02:50,160 Speaker 2: Shares of down about fifty percent so far this year. 68 00:02:50,160 --> 00:02:55,359 Speaker 1: In twenty twenty five, the Stock Mover's Report from Bloomberg Radio. 69 00:02:55,720 --> 00:02:57,880 Speaker 1: Check back with us throughout the day for the latest 70 00:02:57,919 --> 00:03:01,800 Speaker 1: roundup of companies making news on and for the latest 71 00:03:01,800 --> 00:03:06,000 Speaker 1: market moving headlines. Listen to Bloomberg Radio Live, catch us 72 00:03:06,040 --> 00:03:09,760 Speaker 1: on YouTube, Bloomberg dot com, and on Applecarplay and Android 73 00:03:09,800 --> 00:03:11,760 Speaker 1: Auto with the Bloomberg Business app.