1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:17,040 Speaker 2: in the stock market. Harnessing the power of Bloomberg data. 4 00:00:16,560 --> 00:00:19,440 Speaker 1: We let's take a closer look at the stocks moving today, 5 00:00:19,520 --> 00:00:22,279 Speaker 1: the companies that we need to be watching. And with 6 00:00:22,440 --> 00:00:25,440 Speaker 1: that we have normal Linda, who is the Bloomery Television 7 00:00:25,440 --> 00:00:28,320 Speaker 1: Markets correspondence here in a studio with us today. Nora, 8 00:00:28,360 --> 00:00:29,360 Speaker 1: what to God for us this morning? 9 00:00:29,400 --> 00:00:30,640 Speaker 3: Well, we have to take a look at the name, 10 00:00:30,680 --> 00:00:34,320 Speaker 3: but solidly in the green. I'm looking at shares of Kava, Tacker, Cava. 11 00:00:34,360 --> 00:00:38,080 Speaker 3: We're seeing shares up more than twenty percent earlier, rallying 12 00:00:38,080 --> 00:00:41,239 Speaker 3: for their best day since August of twenty twenty four. Now, 13 00:00:41,280 --> 00:00:44,479 Speaker 3: this is essentially after the company reported fourth quarter sales 14 00:00:44,520 --> 00:00:46,840 Speaker 3: growth that were better than expected. It gave a rosy 15 00:00:46,880 --> 00:00:49,000 Speaker 3: outlook for twenty twenty six, and this is really just 16 00:00:49,040 --> 00:00:51,760 Speaker 3: showing that the company's really outperforming a lot of its 17 00:00:51,800 --> 00:00:56,000 Speaker 3: fast casual rivals, really bucking that trend and expectations for 18 00:00:56,040 --> 00:00:58,240 Speaker 3: a potential slowdown. To taking a look at the stock 19 00:00:58,560 --> 00:01:01,280 Speaker 3: on a year date basis also been rallying up about 20 00:01:01,320 --> 00:01:04,640 Speaker 3: forty percent, so clearly a good day for Cava solidly 21 00:01:04,720 --> 00:01:05,319 Speaker 3: in the green here. 22 00:01:05,600 --> 00:01:09,000 Speaker 4: Yeah, never been, never been, you guys, you guys. Yeah, 23 00:01:09,319 --> 00:01:11,920 Speaker 4: Like it's like a Chipotle alternative. Okay, all right, well 24 00:01:11,959 --> 00:01:15,679 Speaker 4: Paul loves Chipottle. Yeah, check out common though the venture out. 25 00:01:15,920 --> 00:01:18,680 Speaker 4: I need adventure a little bit. The only rest, the 26 00:01:18,720 --> 00:01:21,240 Speaker 4: only place to open for lunch in the entire Ceta Manhattan, 27 00:01:21,240 --> 00:01:24,200 Speaker 4: I think on on Monday was the Chipotle on Third 28 00:01:25,600 --> 00:01:27,880 Speaker 4: Stare troops. Everybody else was close stair troopers. 29 00:01:28,760 --> 00:01:29,040 Speaker 2: All right. 30 00:01:29,120 --> 00:01:32,280 Speaker 4: Low's Low's sicker l Ow. We've been talking about it. 31 00:01:32,319 --> 00:01:34,920 Speaker 3: Sheares dropping earlier as much as four point nine percent 32 00:01:35,280 --> 00:01:37,320 Speaker 3: for their biggest decline since April. This is just a 33 00:01:37,400 --> 00:01:39,920 Speaker 3: day after we got results out of Home Depot, so 34 00:01:40,000 --> 00:01:43,119 Speaker 3: the peer lows now lower. This is after its forecast 35 00:01:43,120 --> 00:01:46,720 Speaker 3: sales guidance for the full year missed the expectations on 36 00:01:46,800 --> 00:01:49,279 Speaker 3: Wall Street. This is all due to high borrowing costs, 37 00:01:49,320 --> 00:01:52,920 Speaker 3: economic volatility. We've been talking about all year long. It 38 00:01:52,960 --> 00:01:55,240 Speaker 3: feels like it's endless. It's really the story about the 39 00:01:55,240 --> 00:01:57,680 Speaker 3: consumer and a lot of them not really doing some 40 00:01:57,760 --> 00:01:59,880 Speaker 3: of those big ticket purchases that they were doing, maybe 41 00:02:00,160 --> 00:02:03,160 Speaker 3: of remodeling. We know Lows is more known for being 42 00:02:03,240 --> 00:02:06,400 Speaker 3: DIY where you know, home depot a bit more for contractors. 43 00:02:06,600 --> 00:02:08,519 Speaker 3: But it seems as though, you know, consumers are really 44 00:02:08,520 --> 00:02:10,560 Speaker 3: holding off on some of those upgrades and that's clearly 45 00:02:10,600 --> 00:02:11,639 Speaker 3: affecting lows here. 46 00:02:11,919 --> 00:02:14,359 Speaker 1: Yeah, well we're the wrong demo for that, because Paul 47 00:02:14,400 --> 00:02:14,880 Speaker 1: and I are. 48 00:02:14,800 --> 00:02:20,640 Speaker 4: Not diyre so me either, So no for me, but 49 00:02:20,720 --> 00:02:21,560 Speaker 4: tell us about what's happening. 50 00:02:21,600 --> 00:02:24,800 Speaker 3: We've worked ay, workday, not a great day, Shares down 51 00:02:24,840 --> 00:02:27,480 Speaker 3: as much as ten percent, hitting their lowest inter day 52 00:02:27,560 --> 00:02:28,880 Speaker 3: level since twenty twenty. 53 00:02:29,160 --> 00:02:30,639 Speaker 4: Take your wday. 54 00:02:31,160 --> 00:02:33,280 Speaker 3: This is after the company gave an outlook for quarterly 55 00:02:33,320 --> 00:02:34,600 Speaker 3: subscription sales. 56 00:02:34,320 --> 00:02:35,519 Speaker 4: That miss expectations. 57 00:02:35,560 --> 00:02:38,240 Speaker 3: They're saying that subscription revenue will be about two point 58 00:02:38,240 --> 00:02:41,200 Speaker 3: three four billion dollars, with analysts expecting two point three 59 00:02:41,320 --> 00:02:44,000 Speaker 3: five billion dollars on average. But I've also been looking 60 00:02:44,040 --> 00:02:46,080 Speaker 3: at some of the action that we've been seeing in 61 00:02:46,160 --> 00:02:48,320 Speaker 3: this year alone, and shares with the company you're down 62 00:02:48,360 --> 00:02:50,880 Speaker 3: about forty percent. So there are also, of course, some 63 00:02:51,280 --> 00:02:54,200 Speaker 3: renewed anxieties after this report from a lot of investors 64 00:02:54,200 --> 00:02:57,840 Speaker 3: worried about its ability to thrive in this artificial intelligence era. 65 00:02:58,000 --> 00:03:00,120 Speaker 3: So still a focus on AI and how it's about 66 00:03:00,000 --> 00:03:01,679 Speaker 3: a lot of these companies. 67 00:03:02,120 --> 00:03:06,360 Speaker 2: The Stockmovers Report from Bloomberg Radio. 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