1 00:00:02,520 --> 00:00:09,959 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:15,880 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:16,680 --> 00:00:18,960 Speaker 2: Let's take a look at some stocks on the move today. 5 00:00:19,239 --> 00:00:22,759 Speaker 2: I'm Tom Keen with Paul Sweeney and Bloomberg's Lisa Matteo. 6 00:00:22,840 --> 00:00:24,920 Speaker 3: All right, I want to start with deer ticker Dee, 7 00:00:25,079 --> 00:00:27,320 Speaker 3: you know, the maker of those iconic green yellow tractors. 8 00:00:27,360 --> 00:00:29,520 Speaker 3: All right, so their shares have been down as much 9 00:00:29,520 --> 00:00:32,360 Speaker 3: as six percent. It was a miss first profit outlook 10 00:00:33,440 --> 00:00:36,000 Speaker 3: for the year ahead. A lot of uncertainty about the 11 00:00:36,040 --> 00:00:39,600 Speaker 3: timing of recovery for the US farm economy. Farmers, you know, 12 00:00:39,640 --> 00:00:42,680 Speaker 3: they've been hit by low crop prices, President Trump's tariffs. 13 00:00:42,720 --> 00:00:44,400 Speaker 3: I mean, there was a recent deal between the US 14 00:00:44,440 --> 00:00:47,080 Speaker 3: and China to boost these shipments of American crops to Asia, 15 00:00:47,120 --> 00:00:49,320 Speaker 3: but there's still a lot of questions on whether the 16 00:00:49,400 --> 00:00:52,200 Speaker 3: sales are going to be enough. There was a bright 17 00:00:52,280 --> 00:00:55,440 Speaker 3: spot though, the company reported increased fourth quarter sales due 18 00:00:55,480 --> 00:01:00,360 Speaker 3: to hire shipments and prices, but operating profit decrease goes 19 00:01:00,400 --> 00:01:03,600 Speaker 3: that and it was tangible. Yeah, I looked at it. 20 00:01:03,600 --> 00:01:04,839 Speaker 2: It's like a real slow down. 21 00:01:05,040 --> 00:01:07,240 Speaker 3: It is, it is, and it's concerning because of the 22 00:01:07,280 --> 00:01:08,960 Speaker 3: farm economy has been taking such a hit. 23 00:01:09,280 --> 00:01:09,520 Speaker 1: Paul. 24 00:01:09,520 --> 00:01:11,360 Speaker 2: One of the surprises here is we haven't seen the 25 00:01:11,400 --> 00:01:14,480 Speaker 2: president with the obligatory farm salvation. 26 00:01:16,040 --> 00:01:18,720 Speaker 4: No. No, it happened, and we had some presumably some 27 00:01:19,080 --> 00:01:21,840 Speaker 4: deals with China to buy our farm products. But we 28 00:01:21,880 --> 00:01:25,440 Speaker 4: had that last administration and China didn't end up fulfilling it. 29 00:01:25,480 --> 00:01:26,800 Speaker 4: So I'm not sure if we can hold them to 30 00:01:26,800 --> 00:01:30,240 Speaker 4: the fire this time around. I don't know. That's tough 31 00:01:30,240 --> 00:01:31,040 Speaker 4: for the US farmers. 32 00:01:31,520 --> 00:01:33,600 Speaker 2: You know the Zamboni one hundred. I mean, you get 33 00:01:33,640 --> 00:01:36,400 Speaker 2: your Giander tractor and you pull your Zamboni one hundred. 34 00:01:36,520 --> 00:01:38,840 Speaker 2: That's why Dad had an ice rink. Yeah, just say 35 00:01:38,920 --> 00:01:40,880 Speaker 2: we could ride the John Der zamboni. 36 00:01:41,280 --> 00:01:45,640 Speaker 3: Next, I wrote a regular zamboni once. Yes, yes, during 37 00:01:45,640 --> 00:01:47,480 Speaker 3: the Devil's Game time. 38 00:01:47,400 --> 00:01:48,400 Speaker 2: Did you wear your seat belt? 39 00:01:48,960 --> 00:01:51,120 Speaker 4: I did not go crazy. 40 00:01:51,720 --> 00:01:55,320 Speaker 3: It was a good time. Urban Outfitters you are BN 41 00:01:55,360 --> 00:01:57,760 Speaker 3: now that's the owner also, of course their namesake, but 42 00:01:57,800 --> 00:02:00,840 Speaker 3: also Anthropology Free People. Their shares has been up as 43 00:02:00,920 --> 00:02:04,360 Speaker 3: much as fifteen percent net sales for the third quarter 44 00:02:04,440 --> 00:02:08,000 Speaker 3: beat estimates. The company said shoppers they're waiting longer they're 45 00:02:08,080 --> 00:02:11,000 Speaker 3: kind of waiting out to get those holiday season deals, 46 00:02:11,280 --> 00:02:14,280 Speaker 3: but customers are still snapping up plenty of the things 47 00:02:14,320 --> 00:02:16,560 Speaker 3: at full price, so a lot of people paying full 48 00:02:16,600 --> 00:02:19,040 Speaker 3: price for a lot of the products that are out there. 49 00:02:19,240 --> 00:02:22,880 Speaker 3: They did have some small price increases at Anthropology and 50 00:02:23,040 --> 00:02:25,640 Speaker 3: CEO said though it was just small targeted prices because 51 00:02:25,639 --> 00:02:27,240 Speaker 3: of tariffs. But people are still lying. 52 00:02:27,360 --> 00:02:31,079 Speaker 2: Okay, help me here. My email feed is it's all 53 00:02:31,120 --> 00:02:31,840 Speaker 2: Black Friday. 54 00:02:32,000 --> 00:02:35,400 Speaker 4: Yes, but for true yes, yeah, but I take the 55 00:02:35,440 --> 00:02:38,160 Speaker 4: time to unsubscribe. Most people don't, but I do that. 56 00:02:38,440 --> 00:02:40,240 Speaker 2: I do it in bouts. I'll get angry. 57 00:02:40,400 --> 00:02:43,120 Speaker 4: And now most people it's not gotten easier to unsubscribe 58 00:02:43,120 --> 00:02:45,639 Speaker 4: to u R. Used to be three or four, five clicks, 59 00:02:45,639 --> 00:02:46,520 Speaker 4: now pretty much one. 60 00:02:46,560 --> 00:02:48,880 Speaker 3: Yes, it's the Black Friday. And it's also the receipt 61 00:02:48,960 --> 00:02:51,880 Speaker 3: Like yesterday, I got the receipt. Here's your receipt from 62 00:02:52,240 --> 00:02:55,600 Speaker 3: Urban Outfitters. Thanks, where did that come from? 63 00:02:56,840 --> 00:02:57,480 Speaker 1: To contract that? 64 00:02:57,560 --> 00:03:00,880 Speaker 3: Then pet COO I had to pick this because I 65 00:03:00,880 --> 00:03:05,639 Speaker 3: love the ticker woof Okay. Their shares up twenty four percent, 66 00:03:06,240 --> 00:03:10,359 Speaker 3: so fourth quarter justin ebite guidance beat the average analyst estimates. 67 00:03:10,600 --> 00:03:14,040 Speaker 3: There are a few quotes about this Bloomberg Intelligence saying 68 00:03:14,080 --> 00:03:17,960 Speaker 3: that their multi year strategy focuses on prodible, sustainable growth. 69 00:03:18,200 --> 00:03:22,720 Speaker 3: Yet Morgan Stanley commenting saying execution profitability gains are encouraging. 70 00:03:22,960 --> 00:03:25,440 Speaker 3: They did point out negative comps remain a key overhang. 71 00:03:25,800 --> 00:03:29,040 Speaker 3: But then RBC Capital Markets the company said it's becoming 72 00:03:29,480 --> 00:03:31,960 Speaker 3: beginning to transition into his phase story because it's trying 73 00:03:31,960 --> 00:03:34,720 Speaker 3: this turnaround plan, and they say that it's maybe starting 74 00:03:34,720 --> 00:03:36,800 Speaker 3: to work. So their shares have been up as much 75 00:03:36,800 --> 00:03:38,040 Speaker 3: as twenty four percent. 76 00:03:38,360 --> 00:03:42,360 Speaker 4: Woof Well eight hundred and thirty twos eight hundred and 77 00:03:42,360 --> 00:03:45,160 Speaker 4: thirty two million market cap. Why is my Bianos following us? 78 00:03:45,200 --> 00:03:50,800 Speaker 1: I'll know this stock mover's report from Bloomberg Radio. Check 79 00:03:50,840 --> 00:03:53,160 Speaker 1: back with us throughout the day for the latest roundup 80 00:03:53,240 --> 00:03:56,160 Speaker 1: of companies making news on Wall Street and for the 81 00:03:56,240 --> 00:04:00,680 Speaker 1: latest market moving headlines. Listen to Bloomberg Radio Live, catch 82 00:04:00,760 --> 00:04:04,240 Speaker 1: us on YouTube, Bloomberg dot com, and on Applecarplay and 83 00:04:04,240 --> 00:04:06,640 Speaker 1: Android Auto with the Bloomberg Business app.