Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market,
Speaker 1: harnessing the power of Bloomberg Data. Let's stick a look
Speaker 1: at some of the stocks on the move today on
Speaker 1: Paul Sweeney alongside Scarlet Fuh and we're joined by Bloomberg's
Speaker 1: and Norma Linda or what are you looking at?
Speaker 2: Well, there was a big selection to choose from, but
Speaker 2: I'm looking at shares of a censure that is ticker ACN.
Speaker 2: We're seeing shares lower down about one percent right now
Speaker 2: as we speak. This is after the company gave a
Speaker 2: second quarter revenue forecast with a midpoint that fell below
Speaker 2: what analysts had expected. We did have vital knowledge the
Speaker 2: analysts over there saying that they do think that the
Speaker 2: company put up respectable numbers, but they say that the
Speaker 2: company is often grouped in the AI losers basket amid
Speaker 2: fears that its model will be disrupted by new technologies.
Speaker 2: So we are seeing shares a touch lower. And it
Speaker 2: hasn't really been a pretty year for the company. Shares
Speaker 2: down about twenty three percent so far this year.
Speaker 3: And my favorite shoe company is it? Yes, I'm sorry
Speaker 3: with some news. I have like twenty pairs of I
Speaker 3: have it from.
Speaker 2: Obsessed with Birkenstocks. I didn't know if people are still
Speaker 2: buying burkes.
Speaker 3: I have sneakers Birkenstock sneakers.
Speaker 2: See any exist day.
Speaker 3: So you're loyal, Yes, loyal as several like at least
Speaker 3: four well.
Speaker 2: Shares of Birkenstock are lower ticker b IRK down about
Speaker 2: nine percent right now. This is after the company gave
Speaker 2: an outlook that was seen as disappointing. They're essentially forecasting
Speaker 2: slower sales growth for the year ahead. This is, of
Speaker 2: course due to the impact of the weaker US dollar.
Speaker 2: They also cite tariffs, so we really are trying to
Speaker 2: see the CEO coming up with some sort of turnaround story,
Speaker 2: but right now it doesn't seem as though it's paying off.
Speaker 2: As it currently stands Shares with the company are down
Speaker 2: about twenty six percent so far this year.
Speaker 1: Are Birkenstocks cool?
Speaker 2: Are they comfy or are they just comfy? You break them both?
Speaker 3: They're both okay. They're very comfortable, and they're wide in
Speaker 3: the toe box, which is important for me. And they
Speaker 3: have you know, an arch support, so that's also good.
Speaker 3: The only criticism I have is that the soul gets
Speaker 3: it wears down pretty quickly.
Speaker 2: I do see that. I do see that. I've never
Speaker 2: under payer, never underpair.
Speaker 3: But though the ones that look like mushrooms, I don't.
Speaker 3: I think it's the Boston one. Those are really popular
Speaker 3: right now.
Speaker 2: Now I have to look up all the photos. I know.
Speaker 1: Now we have to do well.
Speaker 3: We're gonna get Paul Sweny in some brick and sauce.
Speaker 2: I'll pay to.
Speaker 1: See that, please, all right.
Speaker 2: Carmacks Carmacks Sticker k M eggs also lower earlier. Now
Speaker 2: it's in the green, but we did see shares earlier
Speaker 2: falling more than six percent in this training session. This
Speaker 2: after the company warned about fourth quarter margins. They're saying
Speaker 2: that they expect lower retail used margins in the fourth
Speaker 2: quarter in order to improve price competitiveness. The company also
Speaker 2: plans to boost it spending on marketing. So it doesn't
Speaker 2: seem as though this is what investors wanted to hear.
Speaker 2: What we are seeing shares bouncing back just a tad
Speaker 2: of about eight ten percent right now as we speak.
Speaker 2: But it really hasn't been a great year for the company.
Speaker 2: Shares of down about fifty percent so far this year.
Speaker 1: In twenty twenty five, the Stock Mover's Report from Bloomberg Radio.
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Speaker 1: roundup of companies making news on and for the latest
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