On this episode of Stock Movers:
- Adidas shares plunge as much as 8.6%, the most in over three months after the footwear giant reported weaker than expected revenue growth which offset a margin beat. The lack of guidance upgrade is driven by increased tariff uncertainty and is a further disappointment. 
- Kering shares rose 2.7% after the luxury-goods maker reported better-than-expected operating profit but plunging sales at Gucci which is undergoing a second design revamp in three years.
- Danone shares gained the most in three years after sales beat expectations as the French consumer goods company saw volumes rise in most of its categories, including high-protein products.

On this episode of Stock Movers: - Adidas shares plunge as much as 8.6%, the most in over three months after the footwear giant reported weaker than expected revenue growth which offset a margin beat. The lack of guidance upgrade is driven by increased tariff uncertainty and is a further disappointment. - Kering shares rose 2.7% after the luxury-goods maker reported better-than-expected operating profit but plunging sales at Gucci which is undergoing a second design revamp in three years. - Danone shares gained the most in three years after sales beat expectations as the French consumer goods company saw volumes rise in most of its categories, including high-protein products.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Adidas Slumps, Kering Rises, Danone Soars 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bfc154a0-9d3a-4ca4-af43-b32a008c96ae/transcript

Advertisement