Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 3: I'm Carol Masser along with Tim Stanevik. Let's get to
Speaker 3: some stocks on the move with us. Is Bloomberg. Cross
Speaker 3: Houset reporter Isabelle Lee. She is in the house. Good
Speaker 3: to have you here. There was a lot of movement
Speaker 3: in individual names today, I mean broad based buying.
Speaker 1: Yes, y, I did feel spoiled, and that's why I
Speaker 1: chose stocks that I personally am interested in. I'm not
Speaker 1: going to say I love them or I hate it,
Speaker 1: So there go there. So Crocs, I feel like this
Speaker 1: is the stock that you love or you hate. But
Speaker 1: today it's up by more than ten percent. That we
Speaker 1: have William Trading upgrading their rating to buy from hold,
Speaker 1: citing better than expected trends. They now expect Crocs full
Speaker 1: year US revenue for twenty twenty six to decrease by
Speaker 1: five point eight percent. That's in contrasted expectation of a
Speaker 1: seven point five percent declient. So it's less bad. They
Speaker 1: also said, hey, dude is becoming less bad. Do you
Speaker 1: know he dude, he did shoes there or something. I
Speaker 1: did a quick google shoes. I don't own one, but
Speaker 1: they're saying with the brand management shifting, they're trying to
Speaker 1: attract female consumers, so maybe I guess it should be
Speaker 1: Hey girls.
Speaker 4: Hey dude to me is the name of a nineteen
Speaker 4: eighty nine Nickelodeon sitcom.
Speaker 1: I love Nickelodeon. Hey do exactly?
Speaker 4: It was go go.
Speaker 1: You know these shoes exactly.
Speaker 4: Talking about the show Carol about the shoes to YouTube.
Speaker 4: Watch the show focus to Hey dudek. Christine Taylor was
Speaker 4: in it. Oh yeah, it's like it's she.
Speaker 3: Played Marshall Brady, didn't she?
Speaker 1: I actually in the movie she is. I just said shoes.
Speaker 3: I know.
Speaker 1: Hey, sorry, yeah, tick our CrOx before the producers get to.
Speaker 3: Us slightly comfortable often she and washable. Hey do you
Speaker 3: choose like the popular Wendy and Wally style service as
Speaker 3: a complimentary brand to clocs classic folm clocks. There a
Speaker 3: lot of dudes wearing these.
Speaker 1: I don't know, but now they're pivoting to women.
Speaker 3: So oh okay, so that's where we go.
Speaker 1: So you're right, hey, okay, hey should we go to
Speaker 1: LEVI yes, ticker l E V I. My dad loves
Speaker 1: these jeans. I don't know why. I mean, I guess
Speaker 1: because they're durable. I mean these jeans.
Speaker 3: My twenty three year old daughter loves these jeans. Tim's
Speaker 3: wife loves these gens.
Speaker 1: Not love this, Okay, so what he's got, he's a
Speaker 1: little sishy. Oh your sheshi? Okay. Yeah.
Speaker 3: So you know when they fit, they fit, and you
Speaker 3: just got to go with it.
Speaker 1: Well, the Doock is going really up in the green
Speaker 1: after the company boosted adjusted EPs and revenue forecast for
Speaker 1: the full year. The company also reported first quarter earnings
Speaker 1: and sales the top estimate so The CEO, Michelle Gas,
Speaker 1: said that the consumer has remained resilient and they're expanding now.
Speaker 1: They're offering to include more tops and new styles of
Speaker 1: genes while prioritizing the brand stores and websites. I think
Speaker 1: this is becoming a big thing because I don't actually
Speaker 1: go physical shopping anymore because.
Speaker 3: There's pretty cool, they're easy, they're nice, very I was.
Speaker 1: Going to say end, they're big and there are a
Speaker 1: lot of dressing rooms, so I guess there is that.
Speaker 1: But the effort seems to be paying off because we're
Speaker 1: seeing a broader pullback in the US sales.
Speaker 3: But Michelle Goss, the CEO, is on our air today
Speaker 3: and she like said, kind of firing on all different cylinders.
Speaker 3: And I thought you highlighted too that different price points,
Speaker 3: different labels. So let's sumplain into different parts of the market.
Speaker 4: I mean, it's the Levi's brand, but there are different
Speaker 4: segments of customers that they want to reach. So she
Speaker 4: talk about products with twenty to twenty five dollars price
Speaker 4: points all the way up to the blue label jeans,
Speaker 4: which what she said, over two hundred dollars for a
Speaker 4: so that's sort of the premium category. Yeah, I mean
Speaker 4: they reach consumers where they are. It's been really successful.
Speaker 4: Plus they have working with them the trend right now,
Speaker 4: which is like nineties grunge and yeah, no Carol.
Speaker 1: The set, I am watching Love Story.
Speaker 3: Well apparently that show and of course everything she wears.
Speaker 3: We've talked about this here at Bloomberg. Is you know
Speaker 3: Calvin Klein, I think, is you know getting into this too.
Speaker 3: But her jeans are selling really well.
Speaker 1: It seems like it's such a cool time to be
Speaker 1: living in, Like when John was waiting outside of her
Speaker 1: home because there's no text, and you can't just say
Speaker 1: where you at. You have to wait for a woman
Speaker 1: to look out the window. I want to be corned like.
Speaker 4: That, honestly, all right, do we have time for vital farms?
Speaker 1: We can be quick vital farms. I personally couldn't say seconds.
Speaker 1: They're thirteen dollars eggs, but stock is now down binarily
Speaker 1: six percent to take Calvin cut, the recommendation to hold
Speaker 1: from buy and slash price target. There have been some
Speaker 1: controversy around these. I still continue to buy them.
Speaker 3: Though thirteen dollars eggs. Are they crusted in gold?
Speaker 1: Yes? But I don't buy ten two hundred dollars jeans
Speaker 1: though so.
Speaker 2: The Stockmover's report from Bloomberg Radio. Check back with us
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Speaker 2: news on Wall Street and for the latest market moving headlines.
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