WEBVTT - Ralph Lauren Jumps, Walmart Slides, Deere Tumbles

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>I'm Jim Statavak along with Emily Graffeo. Let's take a

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<v Speaker 1>look at some stocks on the move today. We're joined

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<v Speaker 1>Bloomberg New Secutaries reporter Natalia Kenny Javichinatalia.

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<v Speaker 3>Hi, guys, So let's start with the best performing stock

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<v Speaker 3>in this MP five hundred today, which is Ralph Floren

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<v Speaker 3>the tickets RL. The shares are up by almost fifteen percent,

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<v Speaker 3>so we see that revenue and profit beata expectations. But

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<v Speaker 3>of course it's interesting to look across different regions. Asia, specifically,

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<v Speaker 3>China drove sales. You were up by thirty one percent.

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<v Speaker 3>Sales in Europe increased by eighteen percent despite higher energy

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<v Speaker 3>prices this uncertainty. Here in North America, shares were up

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<v Speaker 3>by eight percent. So the management overall said that shoppers

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<v Speaker 3>remain resil in despite all this uncertainty, and they are

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<v Speaker 3>able to withstand tariffs and all this economic uncertainty now.

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<v Speaker 3>Analysts also highlighted the fact that the company capitalized on

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<v Speaker 3>trends like quiet luxury, which is no longer such a

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<v Speaker 3>hot trend because people are I don't know, show their luxury.

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<v Speaker 3>They have it. So we'll see how earnings. You know,

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<v Speaker 3>we'll see wire luxury, quiet luxury. Don't tell me you

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<v Speaker 3>don't know what it is.

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<v Speaker 1>I mean I know that Ralph Lauren. Like when I

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<v Speaker 1>see the clothes at like the US Open, there's a

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<v Speaker 1>huge polo logo that doesn't necessarily scream quiet luxury, does it?

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<v Speaker 3>Yeah, but it's different. But let's say I don't know

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<v Speaker 3>if there's sachi or don't you go on In terms

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<v Speaker 3>of colors, you know, yeah, they have like there's a

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<v Speaker 3>little bit of sweater with a very small pony logo.

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<v Speaker 1>I mean sometimes the pony is like sometimes but yeah, okay,

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<v Speaker 1>I guess it all depends on the definition of quiet.

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<v Speaker 3>True. So true. Let's look at the other side of

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<v Speaker 3>this spectrum, Walmart, so we see that shares are done

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<v Speaker 3>by almost seven percent. The ticket is of course WMT,

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<v Speaker 3>so we see that just a TPS forecast kin blow expectations.

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<v Speaker 3>Comparable sales were also lower. Companies said that rising fuel

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<v Speaker 3>costs are of course a big problem right now, and

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<v Speaker 3>of course the management highlighted the fact that they see

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<v Speaker 3>this skey shaped recovery. High income consumers are still confident,

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<v Speaker 3>lower income consumers are becoming more selective. The number of discounts,

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<v Speaker 3>by the way, increased by twenty percent, so that's a

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<v Speaker 3>pretty big move. And also I found one commentary from

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<v Speaker 3>Bloomberg Intelligence really interesting because they said advertising revenue driven

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<v Speaker 3>by the World Cup could be one of the biggest

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<v Speaker 3>drivers ahead.

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<v Speaker 2>All right, well.

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<v Speaker 3>There's something you're going to the World I don't think so. No,

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<v Speaker 3>tickets are so expensive.

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<v Speaker 2>Tickets are so expensive.

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<v Speaker 3>It's going to be something like a last minute whatever.

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<v Speaker 3>I love football or soccer, however you call it.

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<v Speaker 1>There are plenty of games that are not the World Cup,

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<v Speaker 1>games that you can go to.

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<v Speaker 3>All those true, but maybe the level of excitement is not.

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<v Speaker 1>There's still time, There's still time.

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<v Speaker 3>True.

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<v Speaker 1>All right, what else you have for us?

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<v Speaker 3>Now, let's look at industrials. Guys, Deer shares the tickets

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<v Speaker 3>DEE are down by almost five percent, so this is interesting.

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<v Speaker 3>We see that fiscal second quarter earnings came above expectations,

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<v Speaker 3>but the company got a lift from construction and the

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<v Speaker 3>so called forest tree segment is when they turn trees

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<v Speaker 3>into building materials. But analysts also highlighted the fact that

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<v Speaker 3>the company got terror free fund, paid lower taxes, so

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<v Speaker 3>it's not just like the core business itself. When I

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<v Speaker 3>asked why share prices are down by so much, they

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<v Speaker 3>said that the stock is at by almost twenty percent

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<v Speaker 3>year to date, and the fact that the company also

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<v Speaker 3>maintained outlook for North America and Canada, which is sales

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<v Speaker 3>would be down beare fifteen and twenty percent, that that

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<v Speaker 3>was kind of a negative thing and maybe people are

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<v Speaker 3>just taking profits right a little bit of expectations just

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<v Speaker 3>being very very high for John Dear.

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<v Speaker 2>The Stock Movers report from Bloomberg Radio. Check back with

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