1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report, 2 00:00:10,240 --> 00:00:13,360 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:17,239 Speaker 1: harnessing the power of Bloomberg Data. Let's take a look 4 00:00:17,239 --> 00:00:20,000 Speaker 1: at some of the stocks on the move today. Also, 5 00:00:20,040 --> 00:00:22,279 Speaker 1: we need alongside a lexiskri stuff us and we're joined 6 00:00:22,280 --> 00:00:24,200 Speaker 1: by normal Linda Nor. What do you have for us? 7 00:00:24,600 --> 00:00:26,520 Speaker 2: Well, let's take a look at Canada Goose shares. Of 8 00:00:26,560 --> 00:00:28,640 Speaker 2: course we know this is a Toronto based company. I'm 9 00:00:28,640 --> 00:00:32,960 Speaker 2: looking at Taker Goos here and this is we're seeing 10 00:00:32,960 --> 00:00:35,920 Speaker 2: shares surging today up as much as fifteen percent. That's 11 00:00:35,960 --> 00:00:38,760 Speaker 2: the most intra day since May. This is after the 12 00:00:38,840 --> 00:00:42,080 Speaker 2: company we saw report from CNBC that the company's controlling 13 00:00:42,120 --> 00:00:45,720 Speaker 2: shareholder is said to have received take private bids that 14 00:00:45,760 --> 00:00:48,680 Speaker 2: would value the company at one point three five billion 15 00:00:48,760 --> 00:00:51,320 Speaker 2: dollars b I hear saying that the bids at that 16 00:00:51,440 --> 00:00:53,960 Speaker 2: valuation a pere low given the fact that the company's 17 00:00:54,520 --> 00:00:57,000 Speaker 2: given the companies turnaround potential here. But when you look 18 00:00:57,000 --> 00:00:58,680 Speaker 2: at some of the private equity firms that are kind 19 00:00:58,720 --> 00:01:00,280 Speaker 2: of in focus right now, we're looking at what you 20 00:01:00,400 --> 00:01:04,360 Speaker 2: Capital and Advent International. They both made verbal offers, but 21 00:01:04,400 --> 00:01:05,720 Speaker 2: of course we do know that we have some other 22 00:01:06,080 --> 00:01:08,360 Speaker 2: interested buyers here, so lots of eyes on this stock 23 00:01:08,440 --> 00:01:09,800 Speaker 2: right now. If you're looking at a year to date 24 00:01:09,840 --> 00:01:13,000 Speaker 2: Basis shares her up about forty percent here. Oh nice, Nora, 25 00:01:13,120 --> 00:01:16,080 Speaker 2: as if Travis kelce needed another job, and maybe he does, 26 00:01:16,360 --> 00:01:19,319 Speaker 2: right for the wedding to Taylor Swift, but he's now 27 00:01:19,319 --> 00:01:21,760 Speaker 2: the new face of American Eagle. I hear right. He 28 00:01:21,880 --> 00:01:24,039 Speaker 2: is the new face of American Eagle. It's so interesting 29 00:01:24,080 --> 00:01:25,640 Speaker 2: because what just a couple weeks ago, we were talking 30 00:01:25,640 --> 00:01:29,640 Speaker 2: about Sidney Sweeney. Now we're sts a lot of controversy there, 31 00:01:29,680 --> 00:01:31,800 Speaker 2: but now we're talking about Travis Kelcey, and of course 32 00:01:31,800 --> 00:01:33,679 Speaker 2: we know that's just coming off of the engagement announcement 33 00:01:33,680 --> 00:01:36,440 Speaker 2: that we saw between him and Taylor Swift yesterday. We're 34 00:01:36,440 --> 00:01:39,480 Speaker 2: looking at shares of American Eagle that's ticker AEO. They're 35 00:01:39,560 --> 00:01:42,280 Speaker 2: up as much as six point one percent here, and 36 00:01:42,360 --> 00:01:44,800 Speaker 2: this is after the company is now tapping Travis Kelcey 37 00:01:45,200 --> 00:01:47,640 Speaker 2: as the new face of its brand. Of course we 38 00:01:47,720 --> 00:01:49,760 Speaker 2: know that, you know, he's a name that everyone knows 39 00:01:49,760 --> 00:01:52,200 Speaker 2: at this point, whether you want to or not. And 40 00:01:52,240 --> 00:01:54,000 Speaker 2: so of course this is really going to see a 41 00:01:54,000 --> 00:01:55,920 Speaker 2: bit of a lift here in terms of shares when 42 00:01:55,920 --> 00:01:57,880 Speaker 2: we look at Wall Street sentiment here for the company. 43 00:01:58,120 --> 00:02:00,000 Speaker 2: But we do still have the stock that's down about 44 00:02:00,080 --> 00:02:02,760 Speaker 2: twenty four percent this year, so they've got quite a 45 00:02:02,800 --> 00:02:03,440 Speaker 2: few things to do. 46 00:02:03,640 --> 00:02:06,360 Speaker 1: What happened to Sidney Swinge? You no longer associated with 47 00:02:06,400 --> 00:02:06,720 Speaker 1: the brand. 48 00:02:06,720 --> 00:02:08,000 Speaker 2: I mean, if you look across the street, we have 49 00:02:08,000 --> 00:02:11,200 Speaker 2: an American ego across the street here in midtown. I 50 00:02:11,240 --> 00:02:13,120 Speaker 2: still see her on the billboards as I was walking 51 00:02:13,160 --> 00:02:15,200 Speaker 2: home yesterday, I still see her out there. So I'm 52 00:02:15,200 --> 00:02:16,840 Speaker 2: not sure if they're going to replace it with Travis 53 00:02:16,960 --> 00:02:18,400 Speaker 2: any bad pr That's right. 54 00:02:18,520 --> 00:02:19,800 Speaker 1: Right, That's right exactly. 55 00:02:19,880 --> 00:02:21,960 Speaker 2: I mean their names have been in the headlines. We've 56 00:02:21,960 --> 00:02:24,760 Speaker 2: been talking about it so much here, all right, Cole's 57 00:02:24,800 --> 00:02:26,120 Speaker 2: what do you got for ksss? 58 00:02:26,800 --> 00:02:27,040 Speaker 1: Yes? 59 00:02:27,240 --> 00:02:31,080 Speaker 2: Ending on another positive note here kss the ticker there, 60 00:02:31,120 --> 00:02:33,959 Speaker 2: as you mentioned, shares are surging for double digit gains, 61 00:02:34,040 --> 00:02:36,720 Speaker 2: up as much as twenty nine percent after the opening 62 00:02:36,720 --> 00:02:39,040 Speaker 2: bell today, and this is after it boosted its full 63 00:02:39,120 --> 00:02:42,080 Speaker 2: year outlook. We're talking about a lot of retailers right now, 64 00:02:42,320 --> 00:02:45,640 Speaker 2: but particularly the company is offering a more optimistic outlook 65 00:02:45,639 --> 00:02:47,799 Speaker 2: as it pertains to its full year sales they're now 66 00:02:47,840 --> 00:02:50,720 Speaker 2: expecting comparable sales to fall no more than five percent 67 00:02:50,800 --> 00:02:53,280 Speaker 2: this year, especially when we think about the tariff environment 68 00:02:53,320 --> 00:02:56,400 Speaker 2: that's really been weighing on a lot of these retailers 69 00:02:56,400 --> 00:02:58,320 Speaker 2: in terms of sentiment. Of course, this is great news 70 00:02:58,360 --> 00:03:01,480 Speaker 2: that we're hearing here in twenticular, and we did have 71 00:03:01,520 --> 00:03:04,160 Speaker 2: Bloomberg News actually reporting on Tuesday that Coles has asked 72 00:03:04,200 --> 00:03:06,960 Speaker 2: some vendors for more time to settle some of its 73 00:03:07,160 --> 00:03:09,760 Speaker 2: invoices here. That is something that a lot of investors 74 00:03:09,760 --> 00:03:11,560 Speaker 2: have really been looking at. But I mean, if you 75 00:03:11,600 --> 00:03:14,800 Speaker 2: look at Wall Street analysts here, about forty three percent 76 00:03:15,160 --> 00:03:18,240 Speaker 2: of Wall Street says to sell the stock, fifty percent 77 00:03:18,320 --> 00:03:21,040 Speaker 2: say it's a hold, but only one analyst here as 78 00:03:21,080 --> 00:03:21,960 Speaker 2: a by rating. 79 00:03:23,160 --> 00:03:27,160 Speaker 1: The stock movers report from Bloomberg Radio. Check back with 80 00:03:27,240 --> 00:03:29,840 Speaker 1: us throughout the day for the latest roundup of companies 81 00:03:29,880 --> 00:03:33,000 Speaker 1: making news on Wall Street and for the latest market 82 00:03:33,040 --> 00:03:37,480 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 83 00:03:37,600 --> 00:03:41,080 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 84 00:03:41,160 --> 00:03:42,640 Speaker 1: the Bloomberg Business app.