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Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. The Stock Movers Report,

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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, Alex.

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Speaker 2: Day alongside Paul Sweeney, we're gonna take a look at

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Speaker 2: some of the stocks on the move today. We're joined

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Speaker 2: now by Bloomberg's Lisa Matteo. Lisa, take a look at Macy's.

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Speaker 3: Yeah, it's okay, so we'll start a retail.

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Speaker 4: So the way people's shop is changing, right, You go

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Speaker 4: to Amazon to get a lot of stuff online. You know,

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Speaker 4: the boxes show up your door. People get luxury stuff online.

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Speaker 4: So Macy's had to change their approach. So what they

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Speaker 4: did is they had the strategy to focus on those

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Speaker 4: best performing locations. So they boosted the staff there, they

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Speaker 4: improved the look of it, their product displays, and it

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Speaker 4: looked like it was working.

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Speaker 3: Posted better than expected quarterly results.

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Speaker 4: Comparable sales stores fell less and expected they did rise

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Speaker 4: at Bloomingdale's and bloom Mercury. Those are those higher end

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Speaker 4: chains of Macy's revenue top estimates. And then you do

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Speaker 4: the look ahead, so they maintain their sales outlook for

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Speaker 4: the current year.

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Speaker 3: But here's the thing.

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Speaker 4: It did cut its full year earnings guidance to account

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Speaker 4: for tariffs, and that has had shares lower down as

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Speaker 4: much as.

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Speaker 3: About three percent after the open.

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Speaker 4: So how they plan to kind of weather this uncertainty,

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Speaker 4: They say that since they have this good mix of

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Speaker 4: off price, like the cheaper merchandise and the more expensive

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Speaker 4: luxury merchandise, that's going to give it that flexibility to

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Speaker 4: help them weather the storm.

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Speaker 2: All that means are that less sales, which I don't appreciate.

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Speaker 2: So when Mason's reporting to good numbers and their inventory

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Speaker 2: is looking good, I get bummed.

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Speaker 3: At the end of the day.

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Speaker 2: Abercrovi and Fisch also delivering super solid numbers.

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Speaker 3: Yeah, they did.

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Speaker 4: Their shared have been up more than twenty five percent

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Speaker 4: after the open, so they've really been on the rise.

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Speaker 4: So the basic specifics they up their full year outlook.

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Speaker 4: They see net sales growth of three to six percent,

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Speaker 4: included about fifty million of tariff expenses too.

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Speaker 3: They've been reducing their exposure to China in recent years.

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Speaker 4: Vietnam is their top vendor, followed by Cambodia India.

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Speaker 3: What really helped is actually the Hollister brand.

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Speaker 4: Compare will say they were up twenty three percent, So

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Speaker 4: that really blew pass expectations. And they say they have

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Speaker 4: this faction mix, so they have you know, men's, women's jeans, dresses,

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Speaker 4: leisure wear, swimsuits, they have a whole bunch of different things,

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Speaker 4: and they have the broader audience. So I don't know, Alex,

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Speaker 4: maybe you can relate.

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Speaker 3: I went with my.

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Speaker 4: Daughter and she said I was needing an update on

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Speaker 4: my jeans because skinny jeans are out, mom, and so

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Speaker 4: I had to update.

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Speaker 3: The jeans and so wound up getting for me and

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Speaker 3: for her. So that's that broader kind of adit.

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Speaker 2: And you know what, you hold on to those skinny

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Speaker 2: jeans because you know a couple of years they're gonna

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Speaker 2: come right back.

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Speaker 3: So you worry about that bottoms, bell.

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Speaker 2: Bottom, no, no, no, there's wide leg, there's bell bottoms.

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Speaker 2: These are different, okay, So living it out there the jeans,

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Speaker 2: less veil, the veil, okay.

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Speaker 4: So skiing, skiing, yes, she has been up really as much,

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Speaker 4: about fourteen percent. It really had a tough winter. What

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Speaker 4: didn't help too, they had that ski patrol strike in

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Speaker 4: Park City, Utah that really affected them. Ski visits were

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Speaker 4: down three point one percent. So they needed this change,

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Speaker 4: and what they're doing, they're bringing back their former executive,

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Speaker 4: Rob Katz. He's going to lead the company. He was

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Speaker 4: CEO back in two thousand and six, so he's going

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Speaker 4: to replace Kirstin Lynch who stepped down. She was there

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Speaker 4: since twenty twenty one. But it's kind of like, look

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Speaker 4: at the trend of CEOs coming back, right, Bob Iger

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Speaker 4: coming back to Disney, Starbucks reensating Howard Schultz, you know,

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Speaker 4: back in twenty twenty two.

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Speaker 3: So it's that trend going back.

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Speaker 1: Bowles at Vail. Yeah, the Stock Movers Report from Bloomberg Radio.

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Speaker 1: Check back with us throughout the day for the latest

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Speaker 1: roundup of companies making news on Wall Street and for

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