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

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Speaker 2: This Stock Mover's 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 2: Let's take a look at some stocks on the move today.

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Speaker 2: I'm Tom Keen with Paul Sweeney and Bloomberg's little lexis Christopherus.

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Speaker 3: Carvana caught my eye today. Guys. This stock is down

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Speaker 3: eight percent and it is down twenty one percent year

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Speaker 3: to date. So you know, this is the online used

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Speaker 3: car retailer. Full year earnings may fall short of expectations.

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Speaker 3: Rapid growth at this company is beginning to slow. And

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Speaker 3: also they said their per car profit slipped in the

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Speaker 3: most recent quarter, gross profit per unit declining, an indication

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Speaker 3: that these earnings from the growing business becoming harder and

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Speaker 3: harder to come by. It's also seeing a lot more competition.

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Speaker 3: It's been working to maintain its pace of expansion without

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Speaker 3: sacrificing margins. So I guess the question for investors is

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Speaker 3: whether Carvana's earnings are going to continue to justify evaluation

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Speaker 3: that really far exceeds other auto retailers.

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Speaker 1: They put up a long term chart of this stock

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Speaker 1: is incredibly volatile. Man this is all over the place.

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Speaker 1: Now it's getting a little bit of a headwind right now.

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Speaker 3: Yeah, right, I want to move on to Chipotle. Actually,

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Speaker 3: and it's not just Chipotle. I'm want to lump Starbucks

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Speaker 3: in here too, because both of them out with earnings

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Speaker 3: after the bell yesterday. They both raised their guidance. Both

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Speaker 3: had stronger than expected profits and sales in the previous quarter,

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Speaker 3: boosted by new menu items at both places, and they

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Speaker 3: revamped their loyalty programs, which we find more and more

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Speaker 3: people are caring about. So the results show, and I'll

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Speaker 3: say that diners are still willing to spend if the

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Speaker 3: prices and the flavors are right, if they feel that

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Speaker 3: there is value there. So Chipotle's gains are broad based

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Speaker 3: across all ages and income levels, they said, but particularly

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Speaker 3: paying off with younger diners. Chipotle's CEO highlighted a Lime

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Speaker 3: sauce and a Chipotle Honey Chicken, as well as promotions

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Speaker 3: tied to the FIFA World Cup as really being beneficial

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Speaker 3: to results last quarter.

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Speaker 1: I'm all in paul Ate next, All right, crocs, you.

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Speaker 3: Go wear your crocs into chipatlet not going to happen,

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Speaker 3: all right? They are tanking it's just the shares are

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Speaker 3: tanking thirteen percent today. That is not funny. There's the

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Speaker 3: chicker symbol here CrOx. But here's the thing. The stock

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Speaker 3: was up fifty six percent or is up fifty six

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Speaker 3: percent year to date. Just look at these numbers. Crocs

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Speaker 3: said soft outlook for earnings this quarter, overshadowing the company

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Speaker 3: posting solid results and raising its annual forecast.

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Speaker 2: This stock Movers report from Bloomberg Radio. Check back with

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

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

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Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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