PYMNTS

MAY 1, 2020

That pick-up, however, will be offset largely by an operating loss range of $1.5 We are inspired by all the essential workers we see doing their jobs — nurses and doctors, grocery store cashiers, police officers, and our own extraordinary front-line employees,” he wrote. billion to an operating income of $1.5

Profit and Loss 61

Profit and Loss Forecasting Entertainment Sales 61

PYMNTS

OCTOBER 30, 2020

Sportswear giant Under Armour reported a third-quarter profit of $38.9 Patrik Frisk, president and CEO of Under Armour, told The Baltimore Sun that the company is focused on returning to profitability and is planning to invest in eCommerce and company-owned retail outlets. . The deal is valued at up to $345 million.

Sales 87

Sales Profit and Loss eCommerce Retail 87

PYMNTS

NOVEMBER 17, 2020

Chinese eCommerce platform Pinduoduo plans to raise up to $5.6 The company plans to offer up to 25.3 Despite being one of China’s largest shopping platforms, Pinduoduo has yet to turn a profit. Last week, the company reported a third-quarter net loss of $115.6 billion based on Monday’s closing stock price.

Profit and Loss 90

Profit and Loss Manufacturing Investments eCommerce 90

PYMNTS

FEBRUARY 16, 2020

Rakuten , the Japanese eCommerce conglomerate, has sold billions of dollars’ worth in shares, including the entirety of its stake in Pinterest. Rakuten’s sales come on the heels of its operating loss of 40 billion yen, or $360 million, last quarter.

Profit and Loss 67

Profit and Loss Valuation Investments CFO 67

PYMNTS

FEBRUARY 7, 2020

In today’s top payments news, Uber reported positive fourth quarter earnings, NYSE owner International Exchange said it will not pursue plans to buy eBay and Afterpay pushed back against RBA’s potential regulation of “tap and go” fees. NYSE Owner Abandons Plans To Buy eBay. Afterpay Pushes Back Against Australia’s Fee Regulation.

Planning 52

Planning Profit and Loss Sales Economics 52

PYMNTS

APRIL 7, 2016

Despite reporting quarterly losses, it seems H&M is bent on getting bigger. The Sweden-based fast-fashion mega firm claims that currency headwinds pushed their profitability losses to the 30 percent range in Q1, and that undaunted they will continue to aggressively forge forward in opening online and physical stores.

Planning 40

Planning Profit and Loss Prioritization Forecasting 40

PYMNTS

FEBRUARY 16, 2020

Rakuten , the Japanese eCommerce conglomerate, has sold billions of dollars’ worth in shares, including the entirety of its stake in Pinterest. Rakuten’s sales come on the heels of its operating loss of 40 billion yen, or $360 million, last quarter.

Profit and Loss 56

Profit and Loss Valuation Investments CFO 56

PYMNTS

NOVEMBER 15, 2019

The first big news over the wires was official confirmation that the eCommerce giant will open an Amazon branded grocery store next year in California. Whether Amazon is planning a chain, what type of items or pricing it will feature or what the store will be called all remain up in the air.

eCommerce 46

eCommerce Profit and Loss Sales Retail 46

PYMNTS

JANUARY 27, 2020

eCommerce mattress merchant Casper Sleep Inc. Public market investors have historically expected firms to make a profit within around 18 months of an offering. Public market investors have historically expected firms to make a profit within around 18 months of an offering. The eCommerce mattress merchant said it lost $92.1

Valuation 56

Valuation Profit and Loss eCommerce Forecasting 56

PYMNTS

AUGUST 3, 2016

Office Depot came to the plate with its announced profit for Q2, $210 million — a big step up from the $58 million in losses they were reporting during Q2 2015. The somewhat struggling office chain has also announced plans to reformat their stores around small physical footprints and curated product lines.

Profit and Loss 40

Profit and Loss B2B Sales eCommerce 40

PYMNTS

DECEMBER 4, 2020

The pet retail chain is also moving towards profitability after net losses the past two years. It has also narrowed its losses by 77 percent to $20.3 Petco has invested $300 million over the past three years to renovate, launch an eCommerce site and implement a full-service veterinary hospital network. percent this year.

Profit and Loss 66

Profit and Loss Valuation Sales Retail 66

PYMNTS

DECEMBER 24, 2020

The company also reported a $23 million profit for the second quarter — its first black ink in history. For instance, the company’s S-1 filing showed that net losses attributable to common shareholders rose to $176 million through 2020’s first nine months – way up from just $12 million during the same period last year.

Profit and Loss 92

Profit and Loss Valuation eCommerce Planning 92

PYMNTS

MARCH 11, 2020

Cole Haan filed last month to go public — now those plans are being pushed out. Interestingly, news is coming out of India that, as stated by Walmart Chief Financial Officer Brett Biggs, eCommerce firm Flipkart , majority owned by Walmart , may launch an IPO at an undetermined date.

Profit and Loss 52

Profit and Loss Valuation Marketing Financial Data 52

PYMNTS

SEPTEMBER 24, 2020

“The uplift that we saw, and the trends around eCommerce are staying high … it just shows that people are moving to the online world,” he said, even for people who had not embraced eCommerce much if at all. And you might be surprised to find that at least some people have been slow to jump to eCommerce. said Rainey.

Profit and Loss 117

Profit and Loss eCommerce Prioritization CFO 117

PYMNTS

FEBRUARY 4, 2020

As he plans his exit, sources close to the discussions have said that SoftBank and Founder Masayoshi Son had so far not raised any outside funds for the firm’s second Vision Fund. SoftBank is now said to be pressuring the startups it has funded to get on the road to profitability. Ronen was a managing partner of the Vision Fund’s U.S.

Profit and Loss 52

Profit and Loss Investments Startups eCommerce 52

PYMNTS

DECEMBER 28, 2020

“We have seen a huge shift in the penetration of eCommerce. The consumer has learned how to really work with eCommerce.”. We plan to continue to expand our credit portfolio, not only in Brazil, but also in the other countries where we do have a presence — Mexico and Argentina, for example,” he said. Ten years in eight weeks.

Profit and Loss 88

Profit and Loss eCommerce Leverage Marketing 88

PYMNTS

FEBRUARY 6, 2017

Internet Retailer reported that, despite the company’s busy year, UPS profits actually missed analysts’ expectations, causing its stock to fall on Tuesday (Jan. 31) more than 6 percent — its biggest loss in two years. While eCommerce has led to more business for package delivery companies like UPS, it also has its share of challenges.

Profit and Loss 48

Profit and Loss eCommerce Investments Retail 48

PYMNTS

MARCH 17, 2020

company is closing 531 stores, which will result in the loss of 3,000 jobs. The company is predicted to see losses of about 90 million pounds ($108.7 million) this year alone, and the store closing plan is meant to return it to profitability. The stores will close on April 3.

Profit and Loss 52

Profit and Loss Restructuring Sales Investments 52

PYMNTS

JULY 19, 2019

Even so, one of the unnamed sources put out the caveat that the plans for restructuring are at an early stage. billion available via a revolving credit line, but investors are still selling the retailer’s stock due to financial losses. The report also noted that JCPenney has over $1.5

Restructuring 51

Restructuring Profit and Loss Retail eCommerce 51

PYMNTS

FEBRUARY 19, 2019

XPO Logistics, one of the world’s largest transportation and warehouse operation companies, is looking for a buyer for $1 billion worth of bonds to refinance its debt following the loss of its biggest customer, which Wall Street analysts say is Amazon. XPO plans to use the bonds to pay back creditors through a credit agreement, and the 5.5-year

Profit and Loss 46

Profit and Loss Transportation eCommerce CFO 46

PYMNTS

MAY 10, 2018

After much speculation – and a fair amount of “will they, won’t they” – it looks like the deal is done: Walmart will be the majority owner of Indian eCommerce up-and-comer Flipkart, with a 77 percent stake. It’s typical of a business like this that, as you scale up, you will have losses. What the Deal Will Mean. is known for. “As

Profit and Loss 43

Profit and Loss eCommerce Leverage Valuation 43

PYMNTS

SEPTEMBER 21, 2020

“But in late August, it was revealed that the chain planned to divest Shoes.com to affiliates of private equity firm CriticalPoint Capital. Last fall, it agreed to hand over ModCloth to brand investment firm Go Global Retail, while some reports have suggested that Bonobos is still not profitable for the retailer.”.

Profit and Loss 90

Profit and Loss Retail Finance Investments 90

PYMNTS

JUNE 7, 2017

Carvana, the eCommerce platform for buying used cars, announced Tuesday (June 6) its first quarter results, which showed it sold 8,334 cars, an increase of 120 percent. million, up 118 percent, and total gross profits were $9.7 million, up 118 percent, and total gross profits were $9.7 Caravana reported a net loss of $38.4

Sales 43

Sales Profit and Loss Forecasting Retail 43

PYMNTS

NOVEMBER 5, 2018

New online holiday shopping projections from Adobe have found that eCommerce in the United States during that period will increase 14.8 Adobe research also found that 45 percent of consumers who already own a smart speaker plan to buy another one for themselves, perhaps as a holiday gift in the coming weeks. “It 26 to hit $7.7

Sales 71

Sales Retail Profit and Loss eCommerce 71

PYMNTS

AUGUST 9, 2017

In the eCommerce landscape, conventional wisdom tends to the idea that Amazon’s gravity in digital commerce is so overpowering that it is all but impossible for any entity smaller than Walmart to ever meaningfully compete against them. Wayfair is still reporting losses as opposed to profit. At home you want unique items.’.

Profit and Loss 43

Profit and Loss eCommerce Advertising Retail 43

PYMNTS

MARCH 11, 2020

Its problems started with its first earnings report in August 2019, after the company reported net losses. Quarterly sales grew 22 percent year over year, net profits rose 34 percent, and adjusted EBITDA grew 40 percent. The business plans to launch a loyalty program in 2020.

Retail 56

Retail Profit and Loss Sales eCommerce 56

PYMNTS

OCTOBER 2, 2018

Startup notches mounting losses, because as everyone knows, you’ve got to spend money to make money. But profitability looks elusive, and becomes less a question of “when?” 1, the company said that pre-tax losses for last year were 185 million pounds, up from 129 million pounds in the previous year. Startup gains top line.

Profit and Loss 48

Profit and Loss Startups Valuation eCommerce 48

CFO News Room

NOVEMBER 9, 2022

These people have income-producing assets spinning off profits or dividends, and they use those funds to pay for their bills and lifestyle. Dividend stocks are also issued by the most profitable companies, so they are seen as less risky. eCommerce stores that sell physical products. Domain names bought and sold for profit.

Profit and Loss 130

Profit and Loss Investments Accounting Marketing 130

PYMNTS

DECEMBER 31, 2019

Amazon has been critiqued for not making full use of the Whole Foods acquisition, and this is about to change that,” said Juozas Kaziukenas, founder of New York eCommerce research firm Marketplace Pulse. Its curbside grocery-pickup program has been a breakout success for the company — and a main driver of its eCommerce growth during 2019.

Healthcare 54

Healthcare eCommerce Profit and Loss Retail 54

PYMNTS

AUGUST 17, 2018

We’re pleased with how customers are responding to the way we’re leveraging stores and eCommerce to make shopping faster and more convenient. Walmart reported a net loss of $861 million (29 cents a share) for the quarter end on July 31, compared with a net income of $2.9 Q2 revenues jumped 3.8 billion (96 cents a share) a year ago.

Profit and Loss 40

Profit and Loss eCommerce Sales Forecasting 40

PYMNTS

AUGUST 23, 2019

His departure from the company is a significant loss.”. At the end of last month, the company reported falling profit and revenue for the second quarter due to fewer customers and lower traffic. Gross profit decreased to $292.1 “The CFO was more than just a CFO,” said Tom Forte, a senior research analyst at D.A. percent to $532.6

CFO 58

CFO Profit and Loss Communication Finance 58

PYMNTS

JANUARY 18, 2020

But the Yuppy Puppy thief, unlike his fellows in the world of brick-and-mortar retail crime that made local news this week, apparently thought the crime through, made a plan and executed it well. Organized retail crime continues to present a serious challenge to the retail industry,” NRF Vice President of Loss Prevention Bob Moraca said.

Retail 58

Retail Profit and Loss Planning Sales 58

PYMNTS

OCTOBER 21, 2016

Fitch names rue21 as a retailer at a “high risk of default” because of its bond debt, declining foot traffic, competition from eCommerce and other retailers and “a lack of a compelling product line.”. 11 that profits were up by 69 percent in the latest quarter. Of the 700 chain locations, Sears plans to close 130. percent to $1.19

Retail 55

Retail Marketing Profit and Loss Restructuring 55

PYMNTS

APRIL 28, 2017

Eight straight quarters of profits seem to have finally shaken off its reputation for being the world’s most successful company that failed to post a profit after 18 years in business. Sales in the eCommerce core business were up 23 percent year-over-year and retail subscription services (mostly Amazon Prime) were up 49 percent at $1.94

Profit and Loss 43

Profit and Loss Advertising eCommerce Investments 43

PYMNTS

MARCH 21, 2016

Much of the disappointment in the Q4 reports, according to reporting in The Wall Street Journal , was generated by the metric that combines same-store sales and eCommerce sales within the Pottery Barn brand. million profit and per-share earnings of $1.55, compared with profit of $147 million, or $1.57 billion in revenue.

Profit and Loss 40

Profit and Loss Sales eCommerce Retail 40

PYMNTS

AUGUST 2, 2018

Customers keep leaving Blue Apron , leading to a 25 percent revenue drop in the second quarter of 2018 for a company that went public last year and is now struggling to find its footing and transition toward profit. The company plans to use data analytics to win more customers by offering them expanded product choices based on trends.

Profit and Loss 40

Profit and Loss Advertising eCommerce Planning 40

PYMNTS

MARCH 26, 2019

Necessary Planning. At the same time, however, cross-border trade disputes, sudden changes to international supply chains, and geopolitical disruptions like Brexit have increased businesses’ awareness of the importance of an FX management strategy, Descout added. The scope became very large.”.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69