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.
Speaker 2: Yeah, Christine, you know, sitting in for Scarlett Flus. So
Speaker 2: that is a good thing for the next couple hours.
Speaker 2: We'll take care of us on Paul Swoony. You're life
Speaker 2: here in on our Bloomberg Interactive Broker Studio. Just take
Speaker 2: a look at where some of the stocks are moving today.
Speaker 2: We can do that with Bloomberg's not Talie, Kenny Javich, Tolly,
Speaker 2: what are you looking at today?
Speaker 3: So let's start with de Lisa has already mentioned that
Speaker 3: the ticker is DEE. The stock is down by three
Speaker 3: point seven percent. The company post a disappointing profit outlook.
Speaker 3: It now expects a net income for the fiscal year,
Speaker 3: which begins in November, to be between four to four
Speaker 3: seventy five billion dollars. This is way below of average
Speaker 3: expectations from Bloomberg, which stood at five point three billion.
Speaker 3: CEO said that twenty twenty six will potentially mark the
Speaker 3: bottom of this large agricultural sector, and Bloomberg Intelligence also
Speaker 3: said that this report suggests more severe and prolonged agricultural
Speaker 3: downturn that they had expected. Of course, we know that
Speaker 3: farmers have been hit hard by low crop prices and
Speaker 3: the uncertainty tariffs, et cetera.
Speaker 1: Yeah, well tell us about what else are you looking at? Petcoal?
Speaker 2: I hear some news out this morning. What's going over
Speaker 2: the pets?
Speaker 3: That's right? So the ticket is woof. The stock is
Speaker 3: up by fourteen percent today. The company boosted guidance. It
Speaker 3: now expects just ibida to be slightly higher than it
Speaker 3: previously expected. To me, that increasing just that ibida was
Speaker 3: not that significant, So it looks like it's more about
Speaker 3: companies strategy. Now it expects to cut store count by
Speaker 3: as much as thirty locations this year after a drop
Speaker 3: of twenty five last year. So everyone is just excited
Speaker 3: about the company's strategy and kind of boosting its profitable
Speaker 3: in the future.
Speaker 2: Nice all right, Urban outfitters.
Speaker 3: Yeah, so another kind of retail consumer segment. The stock
Speaker 3: is up by twelve point seven percent. The ticklers, you
Speaker 3: are b and so we know that the company reported
Speaker 3: net sales for the third quarter that beat expectations, and
Speaker 3: Bloomberg Intelligence is saying that the main reason for this
Speaker 3: strong beat is that the company is expanding its brand portfolio.
Speaker 3: It sees demand across all brands. This is also what's
Speaker 3: helping the company to keep strong margins and tariffs. In particular,
Speaker 3: they cited so called campus activation. So this is a
Speaker 3: strategy when company goes into like universities or colleges, sets
Speaker 3: applications and stores, so it helps them increase profitability. But
Speaker 3: more importantly right this report follows positive results from abber
Speaker 3: crumby Gap means that consumers are still in a good shape.
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