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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers podcast,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg data. Let's take a look now,

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Speaker 1: ask stocks on the move today. I'm Paul Sweeny with

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Speaker 1: Jess Metton and bloomergs Lisa Mittail.

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Speaker 2: All right, so I want to start with CarMax, used

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Speaker 2: car seller ticker KMXIT. Shares have been up as much

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Speaker 2: as ten percent before the bell So a couple of things.

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Speaker 2: It logged higher profit and sales in the fiscal first quarter.

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Speaker 2: The company sold more cars and that was despite slightly

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Speaker 2: lower prices, so it was kind offset by higher volumes.

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Speaker 2: It's CEO, Bill Nash said that Carts Carmacks what they

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Speaker 2: do is they benefit because they have this customer centric

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Speaker 2: car buying selling experience that people like. That's what Jess

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Speaker 2: says too. I guess it was easy for Jess to do.

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Speaker 2: What you sold your car A couple specifics though, if

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Speaker 2: you want it. Posts profit just over two hundred and

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Speaker 2: ten million for its three months ended May thirty first,

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Speaker 2: and that was higher than a year earlier. It's quarterly

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Speaker 2: earnings they were higher than expected revenue rows six point

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Speaker 2: one percent to seven and a half billion dollars and

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Speaker 2: same store used unit sales increase eight point one percent

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Speaker 2: from last year, so pretty good results. Were also watching

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Speaker 2: because of that shares of Carvana they're up about one

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Speaker 2: percent too, so that is CarMax. Now we go to

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Speaker 2: Darden restaurant. Have you been to Olive Garden?

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Speaker 1: Uh?

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Speaker 2: No, I get a capital thrilled reach for steakhouse. Good good.

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Speaker 2: They used stone Red Lobster.

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Speaker 1: Yeah.

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Speaker 2: I think got some good brands there. Yeah, they do.

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Speaker 2: They do, so their tick our DRII. Their shares have

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Speaker 2: been up as much as four percent. Uh slightly better

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Speaker 2: than expected sales. Earnings edged down just a bit. They

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Speaker 2: said sales were higher though because of this mix of

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Speaker 2: growing same restaurants sales. Also, they had sales from this acquisition.

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Speaker 2: They apparently have one hundred and three Chewy's text Mess

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Speaker 2: restaurants that I'm not sure if two weeks is around here.

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Speaker 2: Twenty five net new restaurants as well, so if you

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Speaker 2: want the specifics for Darted restaurants, earnings of about three

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Speaker 2: hundred and three million for the fourth quarter, slightly down

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Speaker 2: from three hundred and eight million in the priory so

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Speaker 2: that's why that was earning kind of edged down a bit,

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Speaker 2: but posted highly than expect better than expected sales on

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Speaker 2: that front. Y. So then we go to Accenture ticker ACN,

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Speaker 2: and this is one of the country's biggest consultancy firms.

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Speaker 2: They've reported better than expected earnings for the fiscal third quarter.

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Speaker 2: But the thing is that shares have been down as

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Speaker 2: much as five percent. The reason why, well, it announced

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Speaker 2: a ton of leadership changes. It also said bookings had

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Speaker 2: declined again, so that's why their shares are lower this morning.

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Speaker 2: And then I want to get to someone else, and

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Speaker 2: you guys, I'm talking about to stable coin issue Circle

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Speaker 2: ticker CrCL. So the shares have been up as much

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Speaker 2: as fourteen percent before the belt, but if you look

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Speaker 2: at it, I mean, it soared thirty four percent on Wednesday.

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Speaker 2: The whole reason behind is that the Senate passed a

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Speaker 2: Genius Act. This is this bill to regulate stable coins

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Speaker 2: and so basically it sets up these regulatory rules for

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Speaker 2: cryptocurrencies that are pegged to the dollar. But it sparked

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Speaker 2: a couple things. For example, Seaport Global Securities, they initiated

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Speaker 2: coverags of Circle with a recommendation of buy, and they

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Speaker 2: say the company is quote a top tier crypto distributor

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Speaker 2: with a sizeable future opportunity, so they see some good

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Speaker 2: things in it. As of the last close, the stock

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Speaker 2: has risen more than five hundred and forty percent from

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Speaker 2: its Ibo rights of thirty one dollars JUNO. That so yes,

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Speaker 2: and then if you look at like cryptocurrency action Coinbase

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Speaker 2: also higher before the bell, their shares have been up

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Speaker 2: as much as two percent.

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Speaker 1: The Stock Movers podcast from Bloomberg Radio. Check back with

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Speaker 1: us throughout today for the latest roundup of companies making

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Speaker 1: news on Wall Street and for the latest market moving headlines.

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Speaker 1: Bloomberg Business app. Mm hmm