Stock Movers Carter's Sales Miss; GameStop Jumps; Lululemon Rises on Deal
5 snips
Oct 27, 2025 Nora Melinda, a Bloomberg reporter specializing in corporate earnings, dives into recent market movements. She discusses Carter's mixed sales report and plans to cut office roles by 15% as they navigate challenges. The podcast highlights a surprise surge in GameStop shares after a White House repost igniting take on the console wars. Lululemon makes waves as it teams up with the NFL for a new fan apparel line, marking an exciting venture into sports merchandising. Tune in for a lively analysis of these market shifts!
AI Snips
Chapters
Transcript
Episode notes
Carter's Signals Turnaround Moves
- Carter's reported a third-quarter net sales miss but said fourth-quarter comparable sales are "off to a good start."
- The company will cut about 15% of office-based roles and increase planned store closures as part of its response.
Social Media Sparks GameStop Rally
- GameStop shares rose after a White House Rapid Response account reposted the company's X statement about the "console wars" being over.
- The White House also replied with a stylized image of President Trump, driving investor attention to the stock.
Lululemon Expands Into NFL Apparel
- Lululemon struck its first apparel deal with the NFL to produce fan apparel for all 32 teams.
- The collection will be sold via NFL and Fanatics shops and team stores starting Oct. 28 as Lululemon diversifies beyond yoga wear.