1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,360 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 --> 00:00:18,440 Speaker 2: Let's take a look at some stocks on the move 5 00:00:18,520 --> 00:00:20,320 Speaker 2: today with the Lexustoffers. 6 00:00:20,480 --> 00:00:22,480 Speaker 3: All right, guys, I want to start with Curig Doctor 7 00:00:22,520 --> 00:00:24,639 Speaker 3: Pepper having a good morning, up two and a half 8 00:00:24,680 --> 00:00:28,280 Speaker 3: percent of about six percent a year to date. You know, 9 00:00:28,320 --> 00:00:30,480 Speaker 3: I was looking at some of their brands. Some I 10 00:00:30,560 --> 00:00:32,839 Speaker 3: knew they had, some I didn't, of course, Doctor Pepper, 11 00:00:33,120 --> 00:00:37,640 Speaker 3: the brewing systems, Snapple Canada, Dry didn't realize they owned 12 00:00:37,720 --> 00:00:40,720 Speaker 3: buy Crush, Mott's Apple Sauce. 13 00:00:40,840 --> 00:00:43,360 Speaker 4: Really okay, yeah, pretty big portfolio like Doctor Pepper. But 14 00:00:43,440 --> 00:00:45,280 Speaker 4: I just don't drink it often. I don't see it 15 00:00:45,320 --> 00:00:45,599 Speaker 4: that all. 16 00:00:45,640 --> 00:00:47,120 Speaker 3: You don't see it, right, Yeah, I don't know. It's 17 00:00:47,120 --> 00:00:48,400 Speaker 3: got like a weird aftertaste for me. 18 00:00:48,560 --> 00:00:50,840 Speaker 4: But it's definitely unique in each two his own. All right. 19 00:00:51,159 --> 00:00:53,880 Speaker 3: They're offering an upbeat forecast for full year sales, and 20 00:00:53,920 --> 00:00:56,560 Speaker 3: they expect a boost from their planned buyout of the 21 00:00:56,680 --> 00:00:59,640 Speaker 3: Dutch coffee maker Piezz. You know, you see pizza. You 22 00:00:59,640 --> 00:01:01,720 Speaker 3: don't have a lot here in the city but it's 23 00:01:01,840 --> 00:01:04,080 Speaker 3: happening because there was a lot of skepticism over the 24 00:01:04,120 --> 00:01:07,360 Speaker 3: amount of debt that Kurg was taking on acquiring Pete. 25 00:01:07,480 --> 00:01:09,640 Speaker 3: So the company earlier this week said it was going 26 00:01:09,680 --> 00:01:11,480 Speaker 3: to raise an additional one and a half billion in 27 00:01:11,560 --> 00:01:13,800 Speaker 3: capital in an effort to reduce its leverage. 28 00:01:13,880 --> 00:01:16,039 Speaker 2: Janking for doing this, I just said, folks, I used 29 00:01:16,080 --> 00:01:18,720 Speaker 2: Google Gemini here, that's what we use within to try 30 00:01:18,720 --> 00:01:23,120 Speaker 2: to make our conversation smarter. They're outpacing PEPSI. Yeah, I 31 00:01:23,160 --> 00:01:24,240 Speaker 2: would have never known that. 32 00:01:24,920 --> 00:01:27,080 Speaker 3: I'm telling it. It's pretty crazy. Well maybe because some of 33 00:01:27,120 --> 00:01:27,640 Speaker 3: the drinks. 34 00:01:27,760 --> 00:01:29,480 Speaker 2: I mean, can we get a can we get a 35 00:01:29,560 --> 00:01:33,319 Speaker 2: Tito's and doctor Pepper? So can we work on that? 36 00:01:33,319 --> 00:01:36,839 Speaker 3: That'd be interesting next. All right, Planet Fitness, I don't 37 00:01:36,840 --> 00:01:39,560 Speaker 3: get this, Okay that the stock is down five percent. 38 00:01:39,680 --> 00:01:41,920 Speaker 3: It had higher profit and revenue in the fourth quarter, 39 00:01:42,240 --> 00:01:47,320 Speaker 3: added members, opened new locations, and it's even forecasting growth ahead. 40 00:01:47,360 --> 00:01:49,160 Speaker 3: I think the problem here is the growth is not 41 00:01:49,480 --> 00:01:52,840 Speaker 3: as robust as Wall Street expected. So it's another one 42 00:01:52,880 --> 00:01:56,200 Speaker 3: of those expectations. Yeah, the bar is now so high. 43 00:01:56,400 --> 00:01:59,120 Speaker 3: It expects adjusted earnings to grow nine to ten percent, 44 00:01:59,240 --> 00:02:02,960 Speaker 3: revenue to increase about nine percent, and it's going to 45 00:02:03,680 --> 00:02:07,919 Speaker 3: see revenue climb. Yeah, revenue climbed eleven percent last quarter. 46 00:02:08,280 --> 00:02:11,400 Speaker 3: Also opened up a bunch of new gyms and added 47 00:02:11,400 --> 00:02:14,400 Speaker 3: one point one million new subscribers. So you hamped the 48 00:02:14,480 --> 00:02:15,160 Speaker 3: new Hampshire. 49 00:02:15,520 --> 00:02:18,720 Speaker 2: Sure, I would have never known. No, I'm looking here 50 00:02:18,720 --> 00:02:21,639 Speaker 2: at the ten year track record and it's better than 51 00:02:21,639 --> 00:02:24,880 Speaker 2: my workout regime. Are you kidding me? Planet Fitness ten 52 00:02:24,960 --> 00:02:28,080 Speaker 2: year track record twenty two percent per year? Really? 53 00:02:28,080 --> 00:02:32,400 Speaker 4: Oh that's cotton chiseled. Yeah, absolutely, there you load love, yeah, 54 00:02:32,400 --> 00:02:34,280 Speaker 4: of course, yeah, out there in the West coast. 55 00:02:34,680 --> 00:02:34,880 Speaker 2: Thanks. 56 00:02:34,919 --> 00:02:37,160 Speaker 3: All right, let's go to Hymn's and Hers Health. It 57 00:02:37,200 --> 00:02:40,160 Speaker 3: has been a rough start to the year for this company. 58 00:02:40,160 --> 00:02:44,440 Speaker 3: It's a telehealth company. Down six percent UH today alone 59 00:02:44,520 --> 00:02:47,680 Speaker 3: and down fifty two percent so far this year. Weaker 60 00:02:47,760 --> 00:02:50,440 Speaker 3: outlook for the first quarter, and the company is also 61 00:02:50,480 --> 00:02:54,839 Speaker 3: refusing to answer questions about its ability to sell these 62 00:02:54,960 --> 00:02:58,720 Speaker 3: compounded versions. Understand where these knockoffs of the weight loss 63 00:02:58,760 --> 00:03:01,040 Speaker 3: drugs from like that are similar to Novo Nordisks and 64 00:03:01,120 --> 00:03:04,480 Speaker 3: Eli Lilly's drugs. So it said sales for the year 65 00:03:04,480 --> 00:03:06,120 Speaker 3: are going to be between two point seven and two 66 00:03:06,120 --> 00:03:10,400 Speaker 3: point nine billion, just matching estimates. But What really happened 67 00:03:10,400 --> 00:03:14,560 Speaker 3: here is competition in the obesity market is very strongly 68 00:03:14,800 --> 00:03:16,960 Speaker 3: right right now, and it botched the launch of a 69 00:03:17,000 --> 00:03:21,120 Speaker 3: copycat version of Novo Nordist's new weight loss pill, and 70 00:03:21,120 --> 00:03:23,560 Speaker 3: now Novo is suing Hymns and Her. 71 00:03:23,760 --> 00:03:26,680 Speaker 4: I understood the premise for this company in the first place, 72 00:03:26,960 --> 00:03:29,440 Speaker 4: right thought. The whole patent stuff is there for a reason. 73 00:03:29,840 --> 00:03:30,360 Speaker 2: I mean, I can. 74 00:03:30,360 --> 00:03:32,680 Speaker 3: Understand if they were jumping into the fray once these 75 00:03:32,760 --> 00:03:34,680 Speaker 3: drugs came off patent, but it seems like they're not. 76 00:03:34,880 --> 00:03:37,600 Speaker 4: And it's the whole concept of they're making these compounds, 77 00:03:37,600 --> 00:03:39,440 Speaker 4: which I don't fully understand. 78 00:03:39,000 --> 00:03:42,000 Speaker 3: Because they're hoping they're different enough, just enough that it'll 79 00:03:42,080 --> 00:03:44,560 Speaker 3: pass muster. But now the SEC is also bringing action 80 00:03:44,640 --> 00:03:46,600 Speaker 3: against them, So Hymns and Her are some real challenges 81 00:03:46,640 --> 00:03:48,360 Speaker 3: there for the company. 82 00:03:48,520 --> 00:03:52,560 Speaker 1: This stock mover's report from Bloomberg Radio. 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