CFO Share

DECEMBER 2, 2022

Spreadsheets are essential in planning cost reductions, but there should be other considerations. To avoid the Downward Spiral, collaborate with sales, marketing, and operations, not only finance. Your sales funnel risk should dictate the timing of cost reductions. 1. Measure sales volume regularly.

Restructuring 52

Restructuring Cost Management Forecasting CFO 52

CFO News Room

JANUARY 5, 2023

The company also sold off more the $5 billion of debt securities to cover the withdrawals, resulting in a loss on those sales of $718 million. Bed Bath & Beyond — The home goods retailer plummeted 24% after reporting it’s running out of cash and is considering bankruptcy , citing weaker-than-expected sales.

Restructuring 130

Restructuring Healthcare Sales Technology 130

PYMNTS

JUNE 1, 2020

With its store closing sales set to start after retail locations can safely open again, Pier 1 Imports, Inc. Bankruptcy Court for the Eastern District of Virginia for its “planned wind-down of operations.” The court has established July 1 as the asset bid deadline, July 8 as the auction date and July 15 as the sale hearing date.

Restructuring 52

Restructuring CFO Retail Sales 52

CFO Share

JULY 8, 2021

A 13 week cash flow forecast is a short term forecast used during liquidity shortfalls to plan a company’s cash flows and avoid financial distress such as missing payroll, defaulting on debt, and ending up in bankruptcy or receivership. Common solutions include: Accelerating sales and AR collection efforts. Soliciting investor funding.

Cash Flow Forecasting 59

Cash Flow Forecasting Forecasting CFO Accounts Payable 59

CFO Talks

FEBRUARY 18, 2024

When a company faces cash flow problems, the CFO is often tasked with reducing costs. Implementing a cost-reduction strategy Once the areas where cost reduction is necessary are identified, CFOs can begin implementing a cost-reduction strategy. In 2014, the company faced a significant decline in sales and profits.

Communication 52

Communication CFO Restructuring Sales 52

PYMNTS

MAY 19, 2020

While businesses nationwide have seen their doors close and revenues drop to near zero, Walmart reported that its sales surged as consumers flocked to its stores and website to stock up for an extended period of social distancing. Same-store sales expanded 10 percent year on year, well ahead of both the 7.2 percent to $134.6

Retail 88

Retail Restructuring CFO eCommerce 88

VCFO

JANUARY 27, 2022

Time tested business plans will simply not work without adjustments as inflation takes hold. It is critical to focus on inflation now and make necessary changes to your operating plan to combat it. If you allow your accounts receivable collection cycle to extend too far out, you are essentially losing money on every sale due to timing.

Benchmarking 81

Benchmarking Restructuring Leadership Planning 81

CFO Share

MARCH 10, 2023

What will happen to SVB in receivership Receivership is an orderly restructuring or liquidation of a company – in the case of SVB, the FDIC. Update your operating forecast to reflect cash frozen at SVB Pause all cash outflows if needed Make a restructuring plan but do not execute it yet.

Restructuring 40

Restructuring Forecasting Communication Banking 40

PYMNTS

AUGUST 5, 2016

CFO Michael Berry plans to restructure operations to respond to the changes seen in criminal attacks where cybercriminals are leveraging ransomware to target the financial sector. FireEye has also cut its adjusted full-year sales outlook and its full-year revenue forecasts, lowering expectations for Q3.

Restructuring 40

Restructuring Forecasting CFO Leverage 40

Future CFO

FEBRUARY 10, 2021

The lively discussion highlighted the rising value of data in the CFO organization, the humanization of the role, and how CFO teams are becoming business partners. Charlene Tan, regional sales director at Workday, started the discussion by stating that the pandemic crisis, like any crisis, offered new opportunities.

CFO 52

CFO Finance Auditing Treasury 52

PYMNTS

APRIL 10, 2017

The email, which was seen by Reuters, confirmed that a sale of the company may be in the cards, but that the priority will remain on ensuring the well-being of employees. For some time now, despite the increasing speculation , Snapdeal continued to deny it was for sale.

Restructuring 40

Restructuring CFO Communication Sales 40

PYMNTS

APRIL 5, 2017

Recently, Snapdeal CFO Anup Vikal told Reuters that the company is now seeking to raise some $100 million in additional funds from new and existing investors. But despite earlier rumors, the company says it is not for sale. Snapdeal categorically denied that sale discussions took place. Snapdeal has raised only $1.6

Restructuring 40

Restructuring eCommerce CFO Sales 40

Future CFO

JULY 9, 2023

While there are many benefits to transforming a business, it’s important to know when it is appropriate to execute such a plan – timing is critical. For strategic CFOs, a vital role can be played in this delicate balancing act of transacting and transforming at the same time.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Restructuring Leverage Valuation 52

Future CFO

JUNE 4, 2020

Of the Asia-Pacific companies surveyed after the pandemic started, 75% indicate they’re planning to divest within the next two years, marginally higher than responses just before the pandemic (74%), EY pointed out, adding that more than half (59%) of the Asia-Pacific companies plan to divest in the next 12 months. Result highlights.

Restructuring 52

Restructuring Investments Communication Planning 52

CS Lucas

FEBRUARY 10, 2020

But the fact remains: if you have strong resistance from your team or cynicism from the top, no amount of planning or logistical know-how will stop you hitting road bumps along the way. First, there’s your CFO and/or CEO. Words like “efficiency”, “cost-saving”, “restructuring” and “automation”. Let’s start at the top.

Numbers 40

Numbers Restructuring CFO Treasury 40

PYMNTS

MAY 22, 2017

Q1 marked the grocer’s sixth consecutive quarter of declining comp sales, according to Progressive Grocer , and Supermarket News said that net earnings plummeted by 30.3 billion in sales this quarter and beating estimates by $10 million. percent to $99 million. Revenue has also grown by 1.1 percent year-over-year, totaling a record $3.7

Benchmarking 40

Benchmarking Restructuring CFO Sales 40

CFO News Room

FEBRUARY 5, 2023

I have seen this group target companies before, using the game plan that they are using with Adani, but their typical target firms are usually much smaller, under-the-radar firms, where public market investors may have missed troubling aspects of operations.

Marketing 130

Marketing Investments Auditing Restructuring 130

CFO News Room

DECEMBER 8, 2022

Until recently, economic central planning from the political right received far less attention than its well-known manifestations on the left. Unfortunately, an emerging faction on the political right has decided to deploy economic planning of their own as an intended countermeasure against their progressive foes.

Economics 130

Economics Education Planning Manufacturing 130

PYMNTS

MAY 26, 2016

Sports Authority is officially gearing up to begin a widescale going-out-of-business sale that could see metric tons of low-priced, ready-to-move athletic apparel flood the market. this is a fire sale of the highest order. With upwards of 460 stores spread across the U.S.,

Profit and Loss 40

Profit and Loss Restructuring Retail Sales 40

CFO News Room

NOVEMBER 27, 2022

Prime Minister Kishida Fumio of Japan is a prominent China hawk, often claiming that “Ukraine today could be East Asia tomorrow” and promoting the US accusation that Beijing is planning an “unprovoked” invasion of Taiwan. licensing decisions, are likely to face “significant costs linked to the restructuring of their supply chains.”.

Manufacturing 100

Manufacturing Economics Investments Securities 100

CFO News Room

JANUARY 10, 2023

The decision, which has not yet been finalized amid more immediate efforts to manage a recent spike in Covid cases, would trigger a complex restructuring of major elements of the federal response — and set the stage for the eventual shifting of greater responsibility for vaccines and treatments to the private market. Wowsers. ”

Concentration 130

Concentration Education Healthcare Budgeting 130

PYMNTS

FEBRUARY 26, 2019

After announcing in early January that holiday season sales had failed to live up to their potential, Macy’s chopped its 2018 forecast for same store sales growth to 2 percent from its original predictions of 2.3 percent comparable sales growth. Sales came in at $8.46 Same store sales, on the other hand, missed the 0.9

Sales 49

Sales Forecasting Restructuring CFO 49

PYMNTS

AUGUST 14, 2019

But the year closed on more a whimper than bang, with holiday season sales coming in at weaker than forecast levels, and 2019 started with announcements of more store closures. Net sales came in at $5.546 billion, slightly beating analyst predictions of $5.542 billion, but still a slide from the $5.572 Macy’s reported a year ago.

Restructuring 65

Restructuring Sales Forecasting CFO 65

The Charity CFO

JANUARY 19, 2022

Nonprofits tend to have multiple people wear many, many hats, or this was my experience when I was a CFO of a nonprofit it’s, it’s a constant complaint in the industry. And um, I had, uh, I was with a large real estate company at the time, uh, running a sales team and my sales team over the next two years exploded in growth.

Nonprofit 52

Nonprofit Leadership CFO Communication 52