1 00:00:02,520 --> 00:00:07,000 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 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg data 4 00:00:16,800 --> 00:00:18,040 Speaker 2: check on stocks. 5 00:00:17,720 --> 00:00:19,720 Speaker 3: On the move, and the list I have before me 6 00:00:19,880 --> 00:00:22,759 Speaker 3: suggests that we're taking a trip to the ball Well, sure, yeah, 7 00:00:22,800 --> 00:00:25,040 Speaker 3: let's do that with Isabel Lee. Isabel is one of 8 00:00:25,040 --> 00:00:27,560 Speaker 3: our crossasset reporters. In Isabel, where's the first stop we're 9 00:00:27,560 --> 00:00:30,040 Speaker 3: going to make as we walk through the virtual wall? 10 00:00:30,120 --> 00:00:33,320 Speaker 1: It has to be cake? Ticker is cake at Cheese 11 00:00:33,320 --> 00:00:36,199 Speaker 1: Cake Factory? I know, I was like, this is a 12 00:00:36,240 --> 00:00:38,280 Speaker 1: winner ticker? How come I didn't know of this before? 13 00:00:38,520 --> 00:00:41,080 Speaker 1: So shares are actually just flat now? But pre market 14 00:00:41,240 --> 00:00:43,599 Speaker 1: was down as much as six percent. But the restaurant 15 00:00:43,680 --> 00:00:46,320 Speaker 1: chain's comp sales during the fourth quarter came in below 16 00:00:46,400 --> 00:00:49,880 Speaker 1: average estimate, So this spread A downgraded stephens to equal 17 00:00:49,880 --> 00:00:50,879 Speaker 1: weight from overweight. 18 00:00:51,200 --> 00:00:52,280 Speaker 4: The analyst there said. 19 00:00:52,120 --> 00:00:55,800 Speaker 1: Same story, sales declined in the quarter and decelerated sequentially. 20 00:00:56,040 --> 00:00:58,440 Speaker 4: So with shares up already twenty seven. 21 00:00:58,320 --> 00:01:00,680 Speaker 1: Percent year today, asked of the last close, he said 22 00:01:00,720 --> 00:01:02,760 Speaker 1: he sees limited upside from here. 23 00:01:03,080 --> 00:01:04,160 Speaker 4: The same with Cheesecae Factori. 24 00:01:04,160 --> 00:01:07,160 Speaker 1: Is I feel like everyone knows it, but I actually 25 00:01:07,400 --> 00:01:09,680 Speaker 1: don't know a friend who has last been there, so 26 00:01:09,720 --> 00:01:11,759 Speaker 1: maybe recently. 27 00:01:12,240 --> 00:01:15,959 Speaker 4: Yeah. What do you eat there? Everything and the cheesecake? 28 00:01:16,040 --> 00:01:18,360 Speaker 3: Yeah, I mean, and I bring it off home for 29 00:01:18,400 --> 00:01:20,840 Speaker 3: the next couple of weeks. That's what makes it special. 30 00:01:21,680 --> 00:01:26,200 Speaker 4: Okay, maybe Yeah, So you contribute to their earnings exactly, 31 00:01:26,560 --> 00:01:28,959 Speaker 4: all right, About what's the next one you want to do? Walmart? 32 00:01:29,000 --> 00:01:30,480 Speaker 4: So this is in the green by one and a 33 00:01:30,520 --> 00:01:31,080 Speaker 4: half percent. 34 00:01:31,160 --> 00:01:34,080 Speaker 1: They issued a forecast for folio earnings that mis expectations, 35 00:01:34,080 --> 00:01:36,000 Speaker 1: so it was interesting to see that the stock is 36 00:01:36,040 --> 00:01:39,040 Speaker 1: still in the green. Walmart said it needs flexibility and 37 00:01:39,160 --> 00:01:40,840 Speaker 1: unpredictable time for consumers. 38 00:01:41,240 --> 00:01:43,560 Speaker 4: So Walmart is the world's largest retailer. 39 00:01:43,200 --> 00:01:45,119 Speaker 1: And they're often seen as the barometer for the broad 40 00:01:45,160 --> 00:01:48,600 Speaker 1: economy because just because of its massive size and reach. 41 00:01:48,720 --> 00:01:51,920 Speaker 1: So this was interesting because it just highlights the state 42 00:01:51,960 --> 00:01:55,160 Speaker 1: over the economy is today. I mean, the economy is 43 00:01:55,240 --> 00:01:57,480 Speaker 1: kind of doing well, but also not really It's like 44 00:01:57,520 --> 00:02:00,840 Speaker 1: a softish economy. Worth noting though, that Walmart is typically 45 00:02:00,840 --> 00:02:03,200 Speaker 1: conservative at the start of the year and then they 46 00:02:03,400 --> 00:02:08,360 Speaker 1: just upgrade or downgrade whatever forecast the all playbook yeahwards. 47 00:02:07,960 --> 00:02:11,600 Speaker 4: Yeah, exactly, all right, finally, uh Wayfair Wayfair. 48 00:02:11,680 --> 00:02:14,480 Speaker 1: So our last small tour is with Wayfair ticker is 49 00:02:14,639 --> 00:02:17,600 Speaker 1: w stalk is down by ten percent. That's an intra 50 00:02:17,680 --> 00:02:20,440 Speaker 1: day low four months as active consumers in the fourth 51 00:02:20,520 --> 00:02:24,480 Speaker 1: quarter came and also slightly below expectations, so William Blair 52 00:02:24,520 --> 00:02:26,800 Speaker 1: says that the six point nine growth in that revenue 53 00:02:26,960 --> 00:02:30,640 Speaker 1: likely fell short of expectations. Peers like our Age and 54 00:02:30,680 --> 00:02:34,880 Speaker 1: Williams Sonoma are also in the red. So the analyst 55 00:02:34,880 --> 00:02:36,959 Speaker 1: there said that he believes that this is a solid 56 00:02:36,960 --> 00:02:39,600 Speaker 1: print but nothing major to complain about, just despite their 57 00:02:39,639 --> 00:02:43,119 Speaker 1: expectations that the byside was slightly embedding slightly higher top 58 00:02:43,160 --> 00:02:43,680 Speaker 1: line growth. 59 00:02:44,480 --> 00:02:45,440 Speaker 4: Wayfair I used. 60 00:02:45,760 --> 00:02:47,560 Speaker 1: I used to buy a lot when I was furnishing 61 00:02:47,600 --> 00:02:50,080 Speaker 1: my apartment. Okay, I say used because I've lived in 62 00:02:50,080 --> 00:02:51,760 Speaker 1: the same place for four years. But it's a good brand. 63 00:02:51,760 --> 00:02:52,880 Speaker 1: I actually really liked it. 64 00:02:53,960 --> 00:02:58,000 Speaker 2: The Stock Mover's report from Bloomberg Radio. Check back with 65 00:02:58,080 --> 00:03:00,639 Speaker 2: us throughout the day for the latest roundup of companies 66 00:03:00,720 --> 00:03:03,799 Speaker 2: making news on Wall Street and for the latest market 67 00:03:03,840 --> 00:03:08,280 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 68 00:03:08,400 --> 00:03:11,880 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto. With 69 00:03:11,960 --> 00:03:13,440 Speaker 2: the Bloomberg Business app