Toll Brothers, La-Z-Boy, Alex Cooper on SiriusXM: Top Stocks
Toll Brothers (TOL) stock is moving higher Wednesday morning after the homebuilder beat its fiscal third quarter earnings estimates and raised its full-year guidance.
La-Z-Boy (LZB) shares dip despite beating fiscal first quarter 2025 earnings estimates, citing pullbacks in consumer spending amid the current economic environment.
Call Her Daddy podcast host Alex Cooper has signed a multi-year deal with Sirius XM (SIRI) for $125 million, moving her show from Spotify (SPOT).
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
This post was written by Luke Carberry Mogan.
Transcripción del vídeo
We're taking a closer look at Yahoo Finance's trending tickers here this morning.
We've got Toll Brothers, Lazy Boy and Sirius XM.
And we're doing it and we're gonna try to do it in 30 seconds each.
We have catalyst co anchor joining us, Madison Mills here at the desk.
All right, let's start things off with Toll Brothers here.
I once did one of my sophomore high school reports on this Toll Brothers shares surging.
They weren't public actually when I did that report.
Anyway, shares are up by about six half percent.
The home builder raising its full year guidance.
They beat the streets eps and revenue expectations in its third quarter report.
They cited a Brazilian economy, favorable demographics, a lack of supply, driving the beat here.
Uh So ultimately, a few things to continue to keep an eye on for Toll Brothers though is the entirety of how they're going to work through, not just the backlog but secure future orders as well.
And at what margin, there was a little bit of margin depreciation.
So that is something to keep close tabs on going forward for Toll Brothers.
All right, let's talk about lazy boy.
Guys because shares are sliding the furniture makers guidance coming in below the street's expectations.
They said it's a macroeconomic conditions, consumer spending as headwinds.
We're looking at losses of just about 3%.
This is the latest retailer here to point to the fact that consumers are pulling back on spending that the environment remains very challenging here.
Especially for a name like Lazy Boy.
Within this release.
Their CFO Bob Lian saying that the industry not only remains under pressure in the near term as the market contends with a couple of things, one the higher interest rates to the music, the muted housing turnover and then also that uncertain economic and geopolitical environment.
So all of that to say that Lazy Boys tough times might not be behind them yet.
All right.
Well, let's get to shares of Serious X and rallying here after call her daddy host Alex signing a multi year deal with Serious X and dropping Spotify the shows exclusive distributor.
You can see their shares of Serious XM up 3.8% right now, the deals valued at around 100 million could have been up to 125 here.
This comes after her deal with Spotify was just $60 million paling in comparison to that 125.
But she did mention on her Instagram that you will still be able to access the podcast everywhere for folks who want to be able to listen in obviously record breaking numbers, uh for her in terms of viewership and the payment that she's gonna be getting out from this podcast.
It's a mind boggling number.
It's mind boggling.
It's crazy.
And then it was only, what, three years ago when we're all talking about how big of them, of how big of a number that 60 million contract was with Spotify.
It also means that people are willing to spend a heck of a lot on podcasts here in order to try to generate some of their user interest and help with some of their user numbers.