Deere Falls, Petco Jumps, Urban Outfitters Rises on Earnings - podcast episode cover

Deere Falls, Petco Jumps, Urban Outfitters Rises on Earnings

Nov 26, 20253 min
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Episode description

On this episode of Stock Movers:
- Deere (DE) shares fall after the company released a weak forecast for the year ahead. This reinforces the difficulty in predicting a recovery in the US farm economy as uncertainty continues to swirl over the impact of tariffs and trade deals.
- Petco (WOOF) shares jump after the pet health and wellness company raised its full-year forecast for adjusted Ebitda. But according to Bloomberg Intelligence: Near term, efforts to reignite sales stand to weigh on 2026 Ebitda margins, which are likely to remain around 6-7%.
- Urban Outfitters (URBN) shares jump after the apparel company reported net sales for the third quarter that beat the average analyst estimate. The owner of the Anthropologie and Free People brand follows positive reports from peers Abercrombie and Gap.

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Transcript

Speaker 1

Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg Data.

Speaker 2

Yeah, Christine, you know, sitting in for Scarlett Flus. So that is a good thing for the next couple hours. We'll take care of us on Paul Swoony. You're life here in on our Bloomberg Interactive Broker Studio. Just take a look at where some of the stocks are moving today. We can do that with Bloomberg's not Talie, Kenny Javich, Tolly, what are you looking at today?

Speaker 3

So let's start with de Lisa has already mentioned that the ticker is DEE. The stock is down by three point seven percent. The company post a disappointing profit outlook. It now expects a net income for the fiscal year, which begins in November, to be between four to four seventy five billion dollars. This is way below of average expectations from Bloomberg, which stood at five point three billion.

CEO said that twenty twenty six will potentially mark the bottom of this large agricultural sector, and Bloomberg Intelligence also said that this report suggests more severe and prolonged agricultural downturn that they had expected. Of course, we know that farmers have been hit hard by low crop prices and the uncertainty tariffs, et cetera.

Speaker 1

Yeah, well tell us about what else are you looking at? Petcoal?

Speaker 2

I hear some news out this morning. What's going over the pets?

Speaker 3

That's right? So the ticket is woof. The stock is up by fourteen percent today. The company boosted guidance. It now expects just ibida to be slightly higher than it previously expected. To me, that increasing just that ibida was not that significant, So it looks like it's more about companies strategy. Now it expects to cut store count by as much as thirty locations this year after a drop

of twenty five last year. So everyone is just excited about the company's strategy and kind of boosting its profitable in the future.

Speaker 2

Nice all right, Urban outfitters.

Speaker 3

Yeah, so another kind of retail consumer segment. The stock is up by twelve point seven percent. The ticklers, you are b and so we know that the company reported net sales for the third quarter that beat expectations, and Bloomberg Intelligence is saying that the main reason for this strong beat is that the company is expanding its brand portfolio. It sees demand across all brands. This is also what's helping the company to keep strong margins and tariffs. In particular,

they cited so called campus activation. So this is a strategy when company goes into like universities or colleges, sets applications and stores, so it helps them increase profitability. But more importantly right this report follows positive results from abber crumby Gap means that consumers are still in a good shape.

Speaker 1

The stock Mover's report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street and for the latest market moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.

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