WEBVTT - Deere Falls, Petco Jumps, Urban Outfitters Rises on Earnings

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,

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<v Speaker 2>Yeah, Christine, you know, sitting in for Scarlett Flus. So

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<v Speaker 2>that is a good thing for the next couple hours.

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<v Speaker 2>We'll take care of us on Paul Swoony. You're life

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<v Speaker 2>here in on our Bloomberg Interactive Broker Studio. Just take

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<v Speaker 2>a look at where some of the stocks are moving today.

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<v Speaker 2>We can do that with Bloomberg's not Talie, Kenny Javich, Tolly,

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<v Speaker 2>what are you looking at today?

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<v Speaker 3>So let's start with de Lisa has already mentioned that

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<v Speaker 3>the ticker is DEE. The stock is down by three

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<v Speaker 3>point seven percent. The company post a disappointing profit outlook.

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<v Speaker 3>It now expects a net income for the fiscal year,

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<v Speaker 3>which begins in November, to be between four to four

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<v Speaker 3>seventy five billion dollars. This is way below of average

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<v Speaker 3>expectations from Bloomberg, which stood at five point three billion.

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<v Speaker 3>CEO said that twenty twenty six will potentially mark the

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<v Speaker 3>bottom of this large agricultural sector, and Bloomberg Intelligence also

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<v Speaker 3>said that this report suggests more severe and prolonged agricultural

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<v Speaker 3>downturn that they had expected. Of course, we know that

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<v Speaker 3>farmers have been hit hard by low crop prices and

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<v Speaker 3>the uncertainty tariffs, et cetera.

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<v Speaker 1>Yeah, well tell us about what else are you looking at? Petcoal?

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<v Speaker 2>I hear some news out this morning. What's going over

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<v Speaker 2>the pets?

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<v Speaker 3>That's right? So the ticket is woof. The stock is

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<v Speaker 3>up by fourteen percent today. The company boosted guidance. It

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<v Speaker 3>now expects just ibida to be slightly higher than it

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<v Speaker 3>previously expected. To me, that increasing just that ibida was

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<v Speaker 3>not that significant, So it looks like it's more about

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<v Speaker 3>companies strategy. Now it expects to cut store count by

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<v Speaker 3>as much as thirty locations this year after a drop

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<v Speaker 3>of twenty five last year. So everyone is just excited

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<v Speaker 3>about the company's strategy and kind of boosting its profitable

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<v Speaker 3>in the future.

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<v Speaker 2>Nice all right, Urban outfitters.

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<v Speaker 3>Yeah, so another kind of retail consumer segment. The stock

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<v Speaker 3>is up by twelve point seven percent. The ticklers, you

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<v Speaker 3>are b and so we know that the company reported

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<v Speaker 3>net sales for the third quarter that beat expectations, and

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<v Speaker 3>Bloomberg Intelligence is saying that the main reason for this

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<v Speaker 3>strong beat is that the company is expanding its brand portfolio.

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<v Speaker 3>It sees demand across all brands. This is also what's

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<v Speaker 3>helping the company to keep strong margins and tariffs. In particular,

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<v Speaker 3>they cited so called campus activation. So this is a

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<v Speaker 3>strategy when company goes into like universities or colleges, sets

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<v Speaker 3>applications and stores, so it helps them increase profitability. But

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<v Speaker 3>more importantly right this report follows positive results from abber

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<v Speaker 3>crumby Gap means that consumers are still in a good shape.

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