1 00:00:02,520 --> 00:00:09,719 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:09,920 --> 00:00:13,360 Speaker 2: This is the closing bell on the stock mover's report. 3 00:00:13,600 --> 00:00:16,560 Speaker 2: The company's making moves at the close of US trading 4 00:00:16,800 --> 00:00:21,360 Speaker 2: with Carol Masser, Tim Stenebeck, Romain, Bostik, and Scarlet Food. 5 00:00:23,000 --> 00:00:25,720 Speaker 3: Into It, which is of course the maker of TurboTax, 6 00:00:26,079 --> 00:00:28,920 Speaker 3: the software company reporting third quarter adjusted EPs of a 7 00:00:28,960 --> 00:00:32,640 Speaker 3: dollar sixty five cents, handily beating the consensussessment of under 8 00:00:32,680 --> 00:00:35,680 Speaker 3: eleven dollars. It also has raised its full year guidance 9 00:00:35,760 --> 00:00:39,840 Speaker 3: as well, now looking for a full year revenue of 10 00:00:39,880 --> 00:00:42,800 Speaker 3: eighteen point seven two billion to eighteen point seven six billion. 11 00:00:42,920 --> 00:00:46,200 Speaker 3: Previously it had anticipated only as much as eighteen point 12 00:00:46,280 --> 00:00:49,320 Speaker 3: three five billion. It sees full year adjusted operating income 13 00:00:49,440 --> 00:00:52,920 Speaker 3: of up to seven point five to six billion. Previously, 14 00:00:53,080 --> 00:00:55,560 Speaker 3: oh I should say the consensus estimate is seven point 15 00:00:55,600 --> 00:00:58,480 Speaker 3: three two billion. So you're looking at a boost here 16 00:00:58,560 --> 00:01:01,200 Speaker 3: in the outlook, which is always encouraging for investors. And 17 00:01:01,320 --> 00:01:03,200 Speaker 3: we should note, by the way, that the third quarter 18 00:01:03,360 --> 00:01:04,920 Speaker 3: is the biggest quarter of the year for Into It 19 00:01:04,959 --> 00:01:08,360 Speaker 3: because it wraps in April fifty, tax day when people 20 00:01:08,360 --> 00:01:09,120 Speaker 3: buy trobotox. 21 00:01:09,240 --> 00:01:11,960 Speaker 4: Yes, indeed, it makes a lot of sense. Hey, some 22 00:01:12,040 --> 00:01:15,760 Speaker 4: more earnings coming rough stores just crossing the Bloomberg terminal. 23 00:01:16,319 --> 00:01:19,000 Speaker 4: First quarter results EPs a dollar forty seven. That's a 24 00:01:19,000 --> 00:01:22,640 Speaker 4: penny better than what the street was expecting. Actually two 25 00:01:22,680 --> 00:01:25,160 Speaker 4: pennies better than what the street was expecting. It's a 26 00:01:25,200 --> 00:01:28,120 Speaker 4: penny better than the year before. Sales coming in at 27 00:01:28,160 --> 00:01:29,880 Speaker 4: four point nine to eight billion, that's up two point 28 00:01:30,000 --> 00:01:33,160 Speaker 4: six percent year over year. Estimate on the street was 29 00:01:33,319 --> 00:01:36,679 Speaker 4: a little bit below that four ninety six Inventories two 30 00:01:36,760 --> 00:01:39,000 Speaker 4: point sixty seven billion, that's up eight and a half 31 00:01:39,000 --> 00:01:41,399 Speaker 4: percent year over year. The estimate was for two point 32 00:01:41,440 --> 00:01:43,960 Speaker 4: five six billion, so maybe a little bit of an 33 00:01:44,040 --> 00:01:47,640 Speaker 4: inventory build. We do have the company's CEO saying, despite 34 00:01:47,640 --> 00:01:50,360 Speaker 4: the slower start to the spring selling season in February, 35 00:01:50,640 --> 00:01:53,600 Speaker 4: our monthly sales performance improved sharply month after month for 36 00:01:53,680 --> 00:01:56,560 Speaker 4: the balance of the quarter. So certainly a read on 37 00:01:56,960 --> 00:01:59,680 Speaker 4: consumers right now. The stock though, guys, it is unchanged 38 00:01:59,680 --> 00:02:00,680 Speaker 4: in the famor. 39 00:02:00,560 --> 00:02:04,000 Speaker 1: Autodesk out with their results. Of course, enterprise software company 40 00:02:04,040 --> 00:02:07,040 Speaker 1: with a big focus on architectural firms, adjusted EPs of 41 00:02:07,080 --> 00:02:09,840 Speaker 1: two dollars and twenty nine cents a share. That's higher 42 00:02:09,840 --> 00:02:12,840 Speaker 1: than street estimates of about two dollars and fifteen cents 43 00:02:12,840 --> 00:02:15,200 Speaker 1: a share, a beat on revenue as well, and here's 44 00:02:15,240 --> 00:02:18,040 Speaker 1: your forecast. The company is saying that for twenty twenty six, 45 00:02:18,160 --> 00:02:20,920 Speaker 1: the full year it's full fiscal year of twenty twenty six, 46 00:02:21,120 --> 00:02:23,160 Speaker 1: it sees billions in the range of seven point one 47 00:02:23,320 --> 00:02:25,639 Speaker 1: six to seven point three to one billion, the low 48 00:02:25,720 --> 00:02:28,560 Speaker 1: end of that range above the average of street estimates. 49 00:02:28,680 --> 00:02:30,840 Speaker 1: Adjusted EPs for the year, it says, we'll be in 50 00:02:30,880 --> 00:02:33,240 Speaker 1: the range of nine dollars and fifty cents to nine 51 00:02:33,320 --> 00:02:36,120 Speaker 1: dollars and seventy three cents a share. The top end 52 00:02:36,160 --> 00:02:39,720 Speaker 1: of that range is above the average of analysts estimates. 53 00:02:39,840 --> 00:02:42,560 Speaker 1: The share is higher by about one point eight percent 54 00:02:42,639 --> 00:02:43,239 Speaker 1: right now. 55 00:02:43,200 --> 00:02:45,160 Speaker 5: I'm looking at what's going on with Workday in the 56 00:02:45,240 --> 00:02:47,920 Speaker 5: after hours. This is the enterprise software company focused on 57 00:02:48,120 --> 00:02:50,280 Speaker 5: HR in the like shares bouncing around down by about 58 00:02:50,320 --> 00:02:53,760 Speaker 5: two point six percent right now. The company did see 59 00:02:53,800 --> 00:02:56,880 Speaker 5: first quarter adjusted innings per share beat estimates. The company 60 00:02:56,919 --> 00:03:00,480 Speaker 5: sees fiscal year subscription revenue maintaining at eight point eight 61 00:03:00,520 --> 00:03:03,720 Speaker 5: billion dollars. See second quarter subscription revenue coming in at 62 00:03:03,760 --> 00:03:06,520 Speaker 5: two point one six billion dollars that matched estimates. The 63 00:03:06,560 --> 00:03:09,960 Speaker 5: company does see fiscally your adjusted operating margin at twenty 64 00:03:09,960 --> 00:03:13,239 Speaker 5: eight point five percent. Earlier it saw twenty eight percent, 65 00:03:13,320 --> 00:03:15,160 Speaker 5: so that's a beat there. Estimates we're at twenty eight 66 00:03:15,200 --> 00:03:18,160 Speaker 5: point one percent. The company still, as I mentioned, sees 67 00:03:18,200 --> 00:03:20,320 Speaker 5: fiscally your subscription revenue coming in at eight point eight 68 00:03:20,360 --> 00:03:23,440 Speaker 5: billion dollars. Shares right now in the after hours bouncing around, 69 00:03:23,480 --> 00:03:24,959 Speaker 5: but down about two point six percent. 70 00:03:25,000 --> 00:03:26,600 Speaker 4: Hey, guys, I want to go back to raw stores 71 00:03:26,600 --> 00:03:29,240 Speaker 4: because we saw this stock down about now five point 72 00:03:29,240 --> 00:03:31,919 Speaker 4: four percent here in the aftermarket. A little bit more 73 00:03:31,919 --> 00:03:35,560 Speaker 4: commentary from the company says saying, given the varying nature 74 00:03:35,720 --> 00:03:38,760 Speaker 4: of tariff announcements, we are only providing an outlook for 75 00:03:38,800 --> 00:03:41,040 Speaker 4: the second quarter at this time and are withdrawing our 76 00:03:41,080 --> 00:03:44,280 Speaker 4: previously provided annual sales and earnings guidance. So when we 77 00:03:44,320 --> 00:03:46,960 Speaker 4: think about tariffs and whether or not companies feel like 78 00:03:47,000 --> 00:03:49,320 Speaker 4: they have visibility, certain for a retailer who gets so 79 00:03:49,440 --> 00:03:52,760 Speaker 4: much merchandise overseas, we could certainly see that that's having 80 00:03:52,800 --> 00:03:55,600 Speaker 4: an impact. And so you've got raw stores down almost 81 00:03:55,600 --> 00:03:58,640 Speaker 4: seven percent here in the aftermarket. All right, that one 82 00:03:58,680 --> 00:04:00,760 Speaker 4: is down. Let me go to some of the gainers 83 00:04:00,840 --> 00:04:04,120 Speaker 4: in the regular session. Palenteer is on that list. At 84 00:04:04,160 --> 00:04:06,440 Speaker 4: its highs today, up almost five percent. It was a 85 00:04:06,440 --> 00:04:08,320 Speaker 4: top gainer in both the S and P five hundred 86 00:04:08,360 --> 00:04:10,600 Speaker 4: and the Nasdaq one hundred, finishing the day with a 87 00:04:10,640 --> 00:04:13,320 Speaker 4: gain of about one point three percent. Dow Jones Barons 88 00:04:13,320 --> 00:04:16,640 Speaker 4: out reporting on the company, noting that the US Defense Department, 89 00:04:16,680 --> 00:04:19,400 Speaker 4: excuse me, said late yesterday after the close, that it 90 00:04:19,440 --> 00:04:23,880 Speaker 4: had raised the contract ceiling for a program that Palenteer provides, 91 00:04:24,000 --> 00:04:27,920 Speaker 4: it's their Maven Smart system software licenses, by seven hundred 92 00:04:27,920 --> 00:04:30,680 Speaker 4: and ninety five million dollars. So basically they're saying an 93 00:04:30,760 --> 00:04:33,760 Speaker 4: analyster noting that Palenteer stands to win from these deepening 94 00:04:33,760 --> 00:04:35,880 Speaker 4: ties to the Defense Department. So this one's been on 95 00:04:36,000 --> 00:04:38,080 Speaker 4: a tier this year. It's up about sixty five percent. 96 00:04:38,400 --> 00:04:41,920 Speaker 4: Advanced Auto Parts way out performance today up about fifty 97 00:04:42,000 --> 00:04:45,320 Speaker 4: seven percent. The company reporting comp sales that felt less 98 00:04:45,360 --> 00:04:48,200 Speaker 4: than expected in the first quarter, also saying that it's 99 00:04:48,240 --> 00:04:51,400 Speaker 4: reaffirming their annual sales guidance. Our annual guidance, excuse me, 100 00:04:51,400 --> 00:04:55,480 Speaker 4: based on performance to date and the guidance assuming current 101 00:04:55,560 --> 00:04:58,000 Speaker 4: terroffts remain in place for the remainder of twenty twenty five. 102 00:04:58,040 --> 00:05:02,080 Speaker 4: But really some outperformance there an outfitter also up about 103 00:05:02,120 --> 00:05:04,600 Speaker 4: twenty three percent, so a big move to the f side. 104 00:05:04,839 --> 00:05:06,760 Speaker 4: The company reported net sales for the first quarter that 105 00:05:06,880 --> 00:05:10,040 Speaker 4: beat the average analyst estimates and analyst noting the strength 106 00:05:10,040 --> 00:05:13,360 Speaker 4: in its namesake you O brand and are positive about 107 00:05:13,400 --> 00:05:16,320 Speaker 4: the retailer's margin expansion. Stock now up more than thirty 108 00:05:16,320 --> 00:05:17,080 Speaker 4: percent year to date. 109 00:05:17,120 --> 00:05:17,920 Speaker 1: Scarlett over to you. 110 00:05:17,960 --> 00:05:20,040 Speaker 3: All right, we have Deckers reporting results. This is the 111 00:05:20,040 --> 00:05:24,159 Speaker 3: company behind Uggs and Tiva Sandals. They're withdrawing their full 112 00:05:24,240 --> 00:05:26,640 Speaker 3: year guidance, where I should say not providing full your 113 00:05:26,640 --> 00:05:28,680 Speaker 3: guidance for fiscal year twenty twenty six because of the 114 00:05:28,720 --> 00:05:33,080 Speaker 3: macroeconomic uncertainty related to evolving global trade policy. So you 115 00:05:33,120 --> 00:05:35,719 Speaker 3: see that stock down about seven percent in after hours trading. 116 00:05:35,760 --> 00:05:38,360 Speaker 3: As for the quarter that was for the fourth quarter, 117 00:05:38,400 --> 00:05:41,160 Speaker 3: they reported net sales of one point oh two billion dollars, 118 00:05:41,200 --> 00:05:43,680 Speaker 3: just slightly higher than what analysts were looking for, which 119 00:05:43,720 --> 00:05:46,279 Speaker 3: was a billion, and the EPs for the fourth quarter 120 00:05:46,480 --> 00:05:49,080 Speaker 3: was a dollar a share. But once again that's backwards looking. 121 00:05:49,400 --> 00:05:53,280 Speaker 3: Deckers is not providing a guidance outlook for this full year, 122 00:05:53,320 --> 00:05:56,800 Speaker 3: but it does say it's capable of returning value to shareholders. 123 00:05:56,960 --> 00:05:59,080 Speaker 3: Talks about the one point nine billion dollars of cash 124 00:05:59,080 --> 00:06:03,839 Speaker 3: on hand, sustainable cash flow generation, and the increased buyback 125 00:06:03,920 --> 00:06:06,760 Speaker 3: program which now totals two and a half billion dollars. 126 00:06:07,200 --> 00:06:10,560 Speaker 5: All right, more retail news coming from a Decker. Shares 127 00:06:10,560 --> 00:06:13,599 Speaker 5: down about ten percent in the after hours. Other retailers 128 00:06:13,600 --> 00:06:16,440 Speaker 5: moving today Williams Sonoma shares falling four and a half percent. 129 00:06:16,440 --> 00:06:18,279 Speaker 5: Shares We're done as much as twelve percent earlier in 130 00:06:18,279 --> 00:06:21,880 Speaker 5: the session. Wall Street questioned the company's full year, reaffirming 131 00:06:21,880 --> 00:06:25,240 Speaker 5: full year net revenue guidance given it significant first quarter beat. 132 00:06:25,279 --> 00:06:28,279 Speaker 5: Once again, Shares down by four and a half percent today. Also, 133 00:06:28,320 --> 00:06:32,200 Speaker 5: I'm looking at the Investo Solar ETF. Solar stocks did 134 00:06:32,240 --> 00:06:34,599 Speaker 5: so poorly today that I had to look at the 135 00:06:34,760 --> 00:06:37,039 Speaker 5: entire ETF. We saw a lot of names move lower 136 00:06:37,040 --> 00:06:39,600 Speaker 5: in the double digits as a whole. Though this etfel 137 00:06:39,640 --> 00:06:42,000 Speaker 5: about seven and a half percent. It tracks the MAC 138 00:06:42,040 --> 00:06:44,919 Speaker 5: Global Solar Energy Index. The biggest holdings include First Solar, 139 00:06:44,920 --> 00:06:47,960 Speaker 5: in Phase Energy and sun Run stocksfell as US House 140 00:06:47,960 --> 00:06:50,599 Speaker 5: Republicans new version of the Tax and Spending Bill accelerates 141 00:06:50,640 --> 00:06:55,800 Speaker 5: the end of incentives for clean energy production. Taking a 142 00:06:55,839 --> 00:06:57,599 Speaker 5: look at what actually fell in their sun Run down 143 00:06:57,600 --> 00:07:00,560 Speaker 5: thirty seven percent, Solar Edge Technologies down twenty five five percent, 144 00:07:00,800 --> 00:07:04,279 Speaker 5: and Phase Energy down nineteen point six percent today. And finally, 145 00:07:04,279 --> 00:07:06,880 Speaker 5: for the sports fans out there, Manchester United down eight 146 00:07:06,960 --> 00:07:10,360 Speaker 5: point six percent today. So after we got some news 147 00:07:10,400 --> 00:07:14,160 Speaker 5: about well just how they did Roman, Yeah, they didn't 148 00:07:14,160 --> 00:07:17,040 Speaker 5: do well. That's not good, which obviously odd to me. 149 00:07:17,160 --> 00:07:19,040 Speaker 1: You know, you lose and you know somehow your stock 150 00:07:19,080 --> 00:07:19,520 Speaker 1: goes down. 151 00:07:20,840 --> 00:07:24,840 Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with 152 00:07:24,920 --> 00:07:27,520 Speaker 2: us throughout the day for the latest roundup of companies 153 00:07:27,560 --> 00:07:30,680 Speaker 2: making news on Wall Street and for the latest market 154 00:07:30,720 --> 00:07:35,200 Speaker 2: moving headlines. 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