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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 1: Let's take a look at some stocks on the move today.

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Speaker 1: Alexis CHRISTOPHERUS, what do you have?

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Speaker 3: I want to start with Macy's a good story here.

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Speaker 3: The stock is up better than seven percent pre market. Yeah,

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Speaker 3: and it can use it because it's down twenty three

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Speaker 3: percent year to date. So looks like the fiscal year

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Speaker 3: off to a solid start. Middle and higher income households

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Speaker 3: continuing to spend at Macy's and its stores. Remember, Macy's

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Speaker 3: also owns Bloomingdale's, and the CEO saying they're benefiting from

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Speaker 3: the bankruptcy at Sacks because some of those shoppers are

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Speaker 3: now moving over to bloomingdale. Yep. They also own the

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Speaker 3: Blue Mercury cosmetics chain. There are a ton of those

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Speaker 3: here in the city. Sales there rows more than one

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Speaker 3: percent last quarter, but the lower income consumer remains pressured,

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Speaker 3: according to the CEO. So Macy's four has stronger than

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Speaker 3: expected sales in the current quarter, but the full year

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Speaker 3: outlook disappointing. They're actually calling on the Iran war and tariffs.

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Speaker 3: They say that could dampen consumer spending in the fiscal year.

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Speaker 1: I just go for the wooden escalators. It's like, oh,

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Speaker 1: they're still there, and I didn't know them really as

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Speaker 1: a kid. It wasn't like my childhood, Okay, but it's

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Speaker 1: like it's just this little moment in mid down Herald Square. Yep, yeah,

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Speaker 1: of oh this is what it was like.

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Speaker 3: Brings me back to like two cool on thirty fourth

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Speaker 3: Street days. You see that, right, you guys lived it.

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Speaker 1: But to me, it's just this cool little Macy's.

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Speaker 3: Thing, a little New York Yeah. History, all right, let's

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Speaker 3: talk food and breakfast. General Mills, maker of Cheerio's Lucky Charms,

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Speaker 3: but also other brands like Betty Crocker, Pis go to

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Speaker 3: I know you love it here here, Bloomberg on the

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Speaker 3: sixth floor. But it's not about you and Goldfish. You

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Speaker 3: like your goldfish too. I don't think that's a General

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Speaker 3: Mills product. But anyway, we dis General Mills reporting results

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Speaker 3: for last quarter that missed Wall Street expectations. Like its competitors,

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Speaker 3: it's having a lower prices because demand is weak, a

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Speaker 3: lot of folks not buying as many packaged foods, processed foods.

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Speaker 3: They want fresh or less processed options, so PepsiCo, Craft Times,

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Speaker 3: General Mills sort of getting caught up in that General Mills.

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Speaker 1: Yeah, no, excuse me, I mean interrupt. Are we at

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Speaker 1: the point where they're changing the colors.

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Speaker 3: You know, changing oh of the cheerios?

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Speaker 1: Yeah, like of tricks? Oh, I should come on, it's

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Speaker 1: a national event. This is the Secretary of Health whatever,

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Speaker 1: mister Kennedy. They're a first fruit flavored cereal nineteen fifty four. Yeah,

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Speaker 1: I did. I did not know that they're taking the

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Speaker 1: color out right.

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Speaker 3: No, I don't know what he's up to. I don't

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Speaker 3: know if people will still want to buy them if

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Speaker 3: they're not colorful. That's the problem.

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Speaker 1: You've never had tricks at the really, So I'm.

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Speaker 3: Not a I don't do that kind of cereal.

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Speaker 1: What in the interview would Lisen Alexis?

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Speaker 3: I said, I'll get a little oatmeal a SERIALI doesn't

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Speaker 3: do it for me, all right, Lulu Lemon were talking.

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Speaker 3: You know, look, Lulu Lemon, analysts and investors were hoping

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Speaker 3: they were going to come out and say, look, we

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Speaker 3: got ourselves a new CEO. No they don't. They're still searching.

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Speaker 3: They did add Levi Strauss's former CEO to their board.

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Speaker 3: That's not really helping to allay concerns about the company performance.

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Speaker 3: They just can't seem to get back to the growth

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Speaker 3: they once knew and loved. A lot of problems with

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Speaker 3: their clothes. People are saying the sheer effect were these

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Speaker 3: pants that you can still see see Lulu Lemon, Tom

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Speaker 3: leaves hiss Lulu Lemons at home. So the stock is

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Speaker 3: taking a hit today. Want to take a look at

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Speaker 3: what Lulu Lemon is doing? All right, So it's down

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Speaker 3: about two percent right now, but Lululemon down twenty three

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Speaker 3: percent year to date. Activist investors calling for change. There

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Speaker 3: it's founder Chip Wilson also calling for change and for

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Speaker 3: a new CEO.

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Speaker 2: The Stock Mover's Report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of company

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Speaker 2: making news on Wall Street and for the latest market

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