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.
Let's take a look at some stocks on the move today. Here is Alexis Christophers.
We're going to do a little donuts and pizza because I figure, how can it get wrong with that combo. Let's start with krispy Kreme up twenty five percent today. Krispy Kreme stock before today had lost roughly half its value over the past year, so they sort of need this. So krispy Kreme out with the earnings that said margins improved during their fourth quarter due to operational improvements. The company added about eleven hundred high traffic locations last year
and it got out of those underperforming stores. And get this, AI is actually part of the story at Krispy Kreme, you know, right, So they said, look, it's not a major factor in their day to day production, but it is being used in back office functions like demand planning and route management. Interesting, now they're also trying to meet the consumer where they're at. Krispy Kreme has introduced smaller portion options, so they've got these byte sized mini donuts.
They plan to launch a line of many cake donuts later this year. But you know what I noticed, just anecdotally, is they really engage well with their younger audience. They're on social media, They've got this loyalty program, and consumers under thirty five represent more than half of the business at Krispy Kreme.
Wow, I love that style. Yesterday I had that half hour to kill before dinner. So now I'll just stop. I'll go find a Starbucks and go get a cup of coffee. Couldn't find one, and I walk a ten blocks, but I saw like twenty Dunkin Donuts in that timeframe. So you know what I did, I just went into a bar. Absolutely good for you, all right? Pizza? No Papa John.
Sorry, Papa John's all the food groups to I'm trying all the healthy foot groups. So Papa John's a down four percent here in the pre market year to date off twelve percent. I checked it out, market cap of one point one billion. Here, customers are cutting back their orders. They saw a sales shrink more than expected at the pizza Chain's outlook for the year also trailed estimates, and that all important metrics same store sales down nearly five
and a half percent in the fourth quarter. And it wasn't just the restaurant chain's own stores, also franchised locations. So remember earlier this week we talked about Domino's Pizza. Just the other day, very different story, gaining market share, stronger same store sales. It's stuff crust pizza. I guess there's something about it. I don't eat it, so I wouldn't know. Okay, all right, and then let's do a little tech because I think we're over food now. Newton
X up twelve percent. Advanced micro Devices is going to buy one hundred and fifty million dollars in newton X stock. It's part of a new partnership that also includes joint engineering and sales efforts. So AMD has really been on a tear this week. You know, it entered that big deal with Meta. Meta is going to be buying a
lot of AI chips from AMD. So we've got AMD stock, though is a little bit lower today, down about one percent, But Newton next, yeah, on a tear, up twelve percent, down about twenty six percent year to date, So this is a really nice pop for investors in Newton next Today.
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