Multiple Date formats for Custom Field Date Picker

I am currently using a custom field datepicker to order my posts in a custom loop. This necessitates using a format of yy-mm-dd in order to get the desired effect. However, I also need to echo out the date within that loop in the format mm/dd. Can someone help? Spoke with @aristath in chat and was instructed to post here. Here is my query/loop:

<?php query_posts(array(
						'post_type'  =>  'sermons',
						'orderby'  =>  'meta_value',
						'meta_key'  =>  'ct_Sermon_Dat_datepicker_f5f2',
						'paged' =>  $paged,
						'order'  => 'DESC',
						'tax_query' => array(
			            array(
			            'taxonomy' => 'service_type',
			            'field' => 'slug',
			            'terms' => array( 'pbc' ),
			            'operator' => 'NOT IN',
			            ),)
					)); if(have_posts()): while(have_posts()): the_post(); ?>

						<div class="span2">
							<div class="sermon-archive-single">
								<div class="thumbnail">
								<?php $terms = wp_get_post_terms( $post->ID, 'sermon_series'); ?>
								<?php if (pa_in_taxonomy('sermon_series')) { ?>
								<?php $name = $terms[0]->name; ?>
								<?php $pic_url = wpds_tax_pic_url($terms[0]->term_id); ?>
									<img src="<?php echo $pic_url; ?>" alt="<?php echo $name; ?>"/>
								<?php } else { ?>
									<img src="<?php bloginfo('template_url'); ?>/img/sermon_series_default.jpg" alt="<?php the_title(); ?>"  />
								<?php } ?>
								</div>
								<?php if (pa_in_taxonomy('sermon_series')) { ?>
								<span class="sermon-archive-series"><span data-kind="date"><!-- <?php echo do_shortcode('[ct id="ct_Sermon_Dat_datepicker_f5f2" property="title | description | value"]'); ?> --></span><b><?php echo do_shortcode('[tax id="sermon_series" before="" separator=", " after=""]'); ?></b> - </span><?php } ?><span class="sermon-archive-title"><a href="<?php the_permalink(); ?>"><?php the_title(); ?></a></span>
							</div>
						</div>
					<?php endwhile; endif; ?>