CFO News Room

NOVEMBER 5, 2022

in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that topped Wall Street forecasts. Starbucks said its investments in new equipment and higher wages for workers are paying off. in premarket action after a weaker-than-expected sales forecast. Starbucks (SBUX) – Starbucks shares rose 4.6%

Profit and Loss 130

Profit and Loss Forecasting Economics Sales 130

Barry Ritholtz

FEBRUARY 15, 2023

My mid-week morning train WFH reads: • All Markets Are Uncertain : The Forecasters’ Hall of Fame Has Zero Members: In any given year, someone, simply due volume of forecasts, is “right”. I have yet to see anyone who can repeatedly, accurately forecast market outcomes. Investors Need a Long-Term Plan.

Forecasting 108

Forecasting Advertising Investments Startups 108

CFO News Room

NOVEMBER 18, 2022

The company was also named by Credit Suisse as its top pick in the off-price retail sector. related investing news. The retail earnings meltdown may be suspended for the holidays. Foot Locker — Shares jumped 7% after Foot Locker reported surpassed expectations in its latest quarterly report and raised its full-year forecast.

Forecasting 130

Forecasting Retail Investments Planning 130

CFO News Room

DECEMBER 7, 2022

related investing news. State Street — Shares of the asset manager jumped more than 8% after the company announced a new buyback plan. Stitch Fix also trimmed its full-year forecast. Campbell Soup — Shares rose more than 5% after Campbell Soup topped forecasts on the top and bottom lines in its latest earnings report.

Entertainment 130

Entertainment Forecasting Sales Marketing 130

CFO Simplified

FEBRUARY 17, 2022

Business – E-commerce computer retailer. Develop a cash-flow forecast so that the company could understand cash availability and plan on payments to their vendors and the primary lender. As with many internet retailers, the company had its share of returns. Bringing Value through CFO Insights. Ownership – Two partners.

Accounting 52

Accounting Retail Profit and Loss Cash Flow Forecasting 52

PYMNTS

MARCH 1, 2019

looks to improve the channel mix of its eponymous brand and shutter specialty stores, the retailer beat analysts’ earnings estimates but fell short on top-line revenues for the fourth quarter of 2018. The retailer reported revenues of $4.62 He added that Old Navy is one of the quickest-growing apparel retailers in the U.S.,

Retail 46

Retail Planning Restructuring Forecasting 46

PYMNTS

OCTOBER 15, 2018

A new study is predicting that Internet of Things (IoT) technologies will see a major boost in investment over the next five years, mostly due to projects in inventory and supply chain management. billion annually to design, plan, build, and run IoT solutions by 2023, an increase from $186.1 billion in 2017. billion by 2023.

Investments 68

Investments Forecasting Securities Retail 68

PYMNTS

SEPTEMBER 22, 2020

As of last year, Deutsche has been undergoing a restructuring effort that encompasses a decrease of its balance sheet, 18,000 employment reductions by 2022 and less investment banking activity. PNC Bank plans to reduce the count of its branch offices through next year, Fox Business reported. In the U.S.,

Banking 84

Banking Planning Restructuring Forecasting 84

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 81

Retail eCommerce Forecasting Technology 81

PYMNTS

NOVEMBER 15, 2018

Basket sizes were also reported as gaining in size, though currency headwinds took their toll in light of recent overseas investments by the retail giant, meaning revenue came in south of analyst estimates. “We We have momentum in the business as we execute our plan and benefit from a favorable economic environment in the U.S.,”

Forecasting 46

Forecasting Currencies Economics eCommerce 46

PYMNTS

MAY 24, 2018

Ralph Lauren earnings report showed its North America revenue in the fourth quarter decreased 14 percent as the retailer continues to struggle in the region. However, the company topped analysts’ profit and sales forecasts for at least its eighth consecutive quarter. percent drop anticipated by analysts.

Forecasting 40

Forecasting Sales Strategic Planning Planning 40

PYMNTS

MAY 19, 2020

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

SEPTEMBER 29, 2020

In today’s top retail news, holiday spending is expected to be flat this year, Bed Bath & Beyond rolls out same-day delivery and Target goes up against Amazon Prime Day with “Deal Days.” And the digital-first economy will drive the difference between success and failure for many retailers. But these are the easy points.

Retail 53

Retail Healthcare Education Forecasting 53

PYMNTS

JANUARY 25, 2021

Ten years later, their latest venture – a line of healthy, egg white-based chips called Quevos – just secured a roughly $400,000 investment on the ABC TV reality show “ Shark Tank ” from Daniel Lubetzky, who invented Kind Bars. “I five-package “Shark Tank Intro Pack,” while the chips retail in stores for about $2.49 A Five-Year Plan

Startups 116

Startups Investments Retail Forecasting 116

PYMNTS

FEBRUARY 7, 2020

Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile phones. 7-Eleven President and CEO Joe DePinto said in an announcement , “Retail technology is evolving at a rapid pace, and customer expectations are driving the evolution.

Retail 57

Retail Technology Forecasting eCommerce 57

PYMNTS

NOVEMBER 22, 2019

Retailers are tapping into voice technology to help consumers order their favorite products such as restaurant takeout as they expand their artificial intelligence (AI) strategies. From 7-Eleven to Chipotle Mexican Grill, retailers are expanding their digital ordering strategy with the help of voice assistant technology. Kroger Co.

Retail 55

Retail Sales Forecasting Planning 55

CFO Share

JANUARY 31, 2024

Forecasting has become too complex or too stressful. You are pivoting your business plan and results are yet uncertain. You are raising outside equity capital, or You just closed an investment round and need to manage cash smartly. SaaS, retail, and consulting services are simpler but still deserve an experienced professional.

CFO 52

CFO Forecasting Budgeting Construction 52

Centage

NOVEMBER 3, 2022

Wholesale-Distribution, Finance, Insurance, Healthcare, Nonprofits and Retail, Government. In addition, Centage offers a solution that is ERP agnostic and that enables our clients to protect their investment and mitigate the risk that if they ever switch their financial software, they can utilize Planning Maestro.

Budgeting 97

Budgeting Nonprofit Healthcare Forecasting 97

PYMNTS

MAY 29, 2017

Alibaba, China’s largest eCommerce company, and Ant Financial, its financial services arm, are gearing up to invest $1 billion or more in Ele.me, the Chinese food delivery service. Bloomberg noted sales of this type of services are forecasted to hit $1.1 It recently made plans to open up credit services to the Brazil community.

Investments 41

Investments eCommerce Forecasting Finance 41

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

Retail 71

Retail Marketing Communication Forecasting 71

PYMNTS

JANUARY 14, 2021

The FinTech plans to use the new investments to hire more people and to expand its offerings in Southeast Asia with more affordable, convenient and transparent financial solutions, the release stated. New Toshiba Commerce System Offers Retailers ‘Amazon Go At Scale’. More crypto regulation looms — perhaps on the global stage?

Forecasting 52

Forecasting Treasury Retail Sales 52

PYMNTS

FEBRUARY 25, 2020

The company supported its past forecast for the year and enhanced its dividend by 10 percent, CNBC reported. However, the retailer has been facing pressure as it dedicates billions to integrating its eCommerce business and its physical stores. Home Depot reiterated its fiscal 2020 forecast on Tuesday (Feb. 25), targeting 3.5

Forecasting 52

Forecasting Construction Leadership Retail 52

PYMNTS

MAY 2, 2017

UPS looks to test a new pricing model in which the cost of empty space during the holidays is covered by retail partners. The move, part of broader negotiations with retailers over peak delivery seasons, looks to address major retailers who order capacity for forecasted shipments but then fail to meet expected volumes.

Retail 40

Retail Forecasting eCommerce Investments 40

CFO Talks

MARCH 19, 2024

The CFO needs to consider how AI can be leveraged not just for automating routine tasks, but also for providing deeper insights into financial forecasting, risk management, and strategic decision-making. The CFO fosters engagement by involving key team members in the planning process, encouraging feedback, and addressing concerns.

CFO 52

CFO Communication Finance Budgeting 52

CFO News Room

NOVEMBER 16, 2022

In fact, I concluded the post by arguing that investors in Facebook were pricing in their belief that the billions of dollars the company had invested in the Metaverse would be wasted, and argued that Facebook faced some of the blame, for not telling a compelling story to back the investment.

Marketing 130

Marketing Valuation Advertising Numbers 130

PYMNTS

OCTOBER 5, 2020

The company last week announced a cross between a subscription plan and health insurance for pets. Called Vital Care , the paid annual plan provides pet owners with options to meet their animals' routine wellness needs. The program is available through Petco.com and the Petco app. percent.

Sales 99

Sales Forecasting eCommerce Planning 99

Future CFO

JULY 13, 2020

While we were working from home, we started to look at the cash flow forecast for the next six months to anticipate the cash flow issues that we are going to face. We are currently evaluating all our CAPEX and asking ourselves whether these investments a must during this period. Sumesh Balakrishnan.

Planning 52

Planning Finance Manufacturing Advertising 52

CFO Share

NOVEMBER 8, 2022

However, there are general characteristics you should plan for in every downturn. Recessions hurt portfolios, leaving them less money for new investments. For example, during Covid-19, there was a catastrophic reduction in brick-and-mortar retail demand but massive growth in e-commerce sales. Lenders become risk-averse.

Forecasting 40

Forecasting Economics Investments Financial Modeling 40

PYMNTS

JULY 13, 2020

From telehealth to new financing options for patient treatments to big retailers like Walmart , Walgreens and CVS mashing up retail with healthcare, everyone from startups to incumbents are using the pandemic as an opportunity to disrupt — and reinvent — healthcare. Here’s a look at some of the latest developments. We’re in healthcare.

Healthcare 87

Healthcare Concentration Startups Retail 87

CFO Leadership

APRIL 5, 2023

In fact, in many organizations, HR’s talent game plan swings from industrywide hiring “binges” to job “chops” as external conditions and revenue forecasts dictate. 3 The largest increases in job openings were in accommodation and food services, retail trade, and construction. The unemployment rate was 3.4%.

Leadership 105

Leadership Manufacturing CFO Construction 105

Onplan

NOVEMBER 30, 2022

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. In this buyer’s guide to the best FP&A software, we’ll provide an overview of the top financial planning and analysis tools to consider. Key features. Customers success.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52

PYMNTS

JULY 15, 2020

Consumers were already changing their retail preferences before anyone had heard of COVID-19, let alone had their life utterly upended by it. This vastly accelerated retail realignment presents challenges — and opportunities — for retailers of all kinds, particularly those dealing in luxury goods, Molnar said.

Concentration 82

Concentration Retail Forecasting Investments 82

PYMNTS

FEBRUARY 18, 2020

billion cost-cutting plan to try and combat decaying revenues and the general stagnation of mall traffic in recent years. BB+ is just one level below investment grade. The turnaround plan is code-named “Polaris,” and would account for $1.4 The move came after Macy’s announced a $1.5 billion in combined annual sales.

Forecasting 55

Forecasting Sales Retail Planning 55

PYMNTS

JULY 27, 2020

Businesses have responded to the pandemic by tapping into their cash reserves, as around 32 percent of businesses plan to diminish their cash holdings in the next quarter, the Association for Financial Professionals (AFP) announced in a press release. Over a quarter did so to offset debt. The pandemic has increased fears from U.S.

Forecasting 56

Forecasting Treasury Economics Finance 56

PYMNTS

NOVEMBER 21, 2019

We’ve been investing in malls where our developers are investing and … we feel really good about that initiative, and those stores continue to outpace the breadth of our fleet,” said Hal Lawton, Macy’s president, during a post-earnings conference call. percent, when they had previously forecasted flat growth.

Sales 40

Sales Forecasting Retail Leverage 40

PYMNTS

APRIL 6, 2020

For retailers, it was supposed to be the year of 5G. Recent research from Gartner finds that 46 percent of retailers expected to deploy augmented reality (AR) or virtual reality (VR) solutions this year. At Omdia we are revising our 5G forecast,” said Omdia 5G Practice Leader Dario Talmesio. Some analysts aren’t convinced. “At

Budgeting 61

Budgeting Retail Forecasting Economics 61

PYMNTS

JUNE 11, 2020

Lawton has some reason to think so, given the farm supplies chain’s status as one of the best performing retail stocks on the S&P 500 during the pandemic. percent want retailers to provide delivery options, while 33.8 The survey found that 67.4 percent said they’d choose a merchant based on their digital options.

Forecasting 52

Forecasting Retail Sales Planning 52