Dollar Tree Jumps, Papa John’s Rises, Grindr Gains on Possible Take-Private Plan - podcast episode cover

Dollar Tree Jumps, Papa John’s Rises, Grindr Gains on Possible Take-Private Plan

Oct 15, 20254 min
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Episode description

On this episode of Stock Movers:
- Dollar Tree (DLTR) shares jump after the retailer projected earnings per share to gain at a compound rate of as much as 15% over the next three years. The company said earnings per share is expected to grow by a “high-teens percentage” in fiscal 2026 due to cost benefits.
- Papa John’s (PZZA) international shares jumped on Wednesday as Reuters reported Apollo Global Management submitted a bid within the last week to take the pizza chain operator private at $64 per share.
- Grindr (GRND) shares gain after the company said its largest shareholders are exploring an acquisition that would take the company private at no less than $15 a share, confirming an earlier media report. James Lu and Raymond Zage, who together own more than 60% of the company, have “engaged financial and legal advisers” to explore the possibility of taking the LGBT-focused dating app company private, primarily through debt financing, according to a regulatory filing published Tuesday.

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Transcript

Speaker 1

Bloomberg Audio Studios, podcasts, radio news, The.

Speaker 2

Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg data. Let's take a look at some of the stocks on the move today. A pauls.

Speaker 1

When you alongside Scarlett flu we're joined Bloombergs. They need to sacovid, they need So what are you looking at today? Let's start with door Tree. The ticker is d LTR. It's having a really strong day after a pretty good forecast on earnings. The stock is of about three percent and the forecast is that earnings per sure and expected to grow by high teens percentage if it's called twenty

twenty six. They're giving good projections for the next three years and investors are seeing a lot of optimism there. The stock is up twenty nine percent here today, so definitely one of the gainers there. That's it. There are a lot of pressures. There are tariffs, their transition to multi price models. Obviously lower income consumers are suffering. They had their sale a family Dollar which didn't go so well, and the press cycle is pretty low, and then what

investors were expecting. That said, we're seeing some optimism from the company. They say these costs will dissipate. The retailer is getting majority of it's foreign source goods from China, so that's one potential pressure and perhaps one reason Jeffrey's analysts remain coaches. They're calling the company's overhaul messy. Still up to twenty nine percent here today, but some caution there.

Speaker 2

All right, let's see how that shakes out. Another one that you're keeping an eye on has a great ticker, Pzza.

Speaker 1

Yes, it's been a big way for pizza. This time we're talking about Pava Jones. Shares are up ten percent. It's coming off news that Applo Global Management submitted a bit to take the company private. Situation is fluid. We've seen a lot of speculation about this recently, and the stock has been reacting quite positively. It's already up nineteen percent before those news, so this is boosting the stock further. Of course, there has been a lot of pressure on

those chains. We're talking about tariffs, We're talking even about weight loss drugs and people kind of avoiding those foods. At the same time, Dominoes, Papagenos, they've been trying to do all those different deals lower sometimes Manu prices. They've been trying to have a stuffed crust pizza. That's the problem. They don't. Yeah, that was one of the It did very well, that's what they said. It did very We saw a big reaction to the stock and Dominoes is

doing well. But you know, we're seeing some analysts saying that the company's in perpetual turnarounds. So perhaps that's why investors are excited about the bit to take it private. Okay, one more here, another private story. We're talking about Grinder, the dating app. Its largest shareholder is exploring an acquisition that will take the company private at no less than fifteen dollars a share. The ticker is gr and the

stock jump four percent on the news today. The movers reported the Semaphore it was prompted by a recent decline. The stock is actually down about twenty nine percent before the news, so big job there. The two main shareholders that own more than sixty percent of the company have engaged into exploring the possibility of taking the company private. This is, of course a fluid situation, as we saw

similar to Papa Jones. The company said that there is no definitive take private proposal, but they're looking into it. We saw some disappointing results from them, which kind of explains the really tough start here to date and potentially why the company may be looking into a bit to take it private.

Speaker 2

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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