CFO News Room

NOVEMBER 13, 2022

related investing news. It missed top and bottom line expectations when reporting quarterly results, but announced an agreement with the investment firm H Partners that raised the cap on the firm’s stake to 19.9% Fair Isaac also issued guidance that beat a StreetAccount forecast. from 14.9%.

Profit and Loss 130

Profit and Loss Pharmaceutical Forecasting Valuation 130

Future CFO

JANUARY 4, 2023

Digital native retail businesses are expected to see resounding success in the coming few years, but their existing strategies might need a tweak soon as traditional retailers are catching up, said Bain & Company recently. Digital native retail businesses are retailers which initially operated exclusively online, Bain defined.

Retail 52

Retail Profit and Loss Advertising Forecasting 52

PYMNTS

NOVEMBER 16, 2020

Rakuten , a Japanese tech company specializing in digital eCommerce solutions for retailers, is introducing a new subsidiary to bolster physical stores. Tentatively called Rakuten DX, the new unit will launch schemes for digital transformation at retailers’ physical shops, Rakuten said in a statement on Monday (Nov.

Retail 86

Retail eCommerce Forecasting Technology 86

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

PYMNTS

JANUARY 30, 2020

As investors monitor the impact of Amazon ’s one-day delivery investments on profit, the eCommerce retailer is set to report its Q4 earnings. The eCommerce retailer said in its last earnings report it would spend $1.5 Amazon, for its part, is forecast to post a decline in Q4 profit from $6.04 billion to $86 billion.

Investments 70

Investments eCommerce Forecasting Retail 70

PYMNTS

MAY 15, 2020

The experts were expecting a weak retail sales report when the numbers hit the wires earlier today (May 15) – but even in an environment of diminished expectations, the number reported by the Census Bureau was a disappointment. percent economists forecasted before the release, and double the record of the 8.3 GDP, took a 16.4

Sales 92

Sales Retail Economics Forecasting 92

CFO News Room

NOVEMBER 22, 2022

Abercrombie & Fitch – Shares of the retail stock jumped 19% after the apparel retailer beat Wall Street’s revenue forecasts for the third quarter and posted unexpected quarterly profit. related investing news. Dick’s raised its full-year financial forecast as well.

Profit and Loss 130

Profit and Loss Forecasting Entertainment Valuation 130

PYMNTS

FEBRUARY 11, 2020

Analysts had forecast $1.47 We view LULU growth, durability and ROIC [return on invested capital] profile as most similar to NKE.”. Its new streetwear-inspired Lab line, as well as new self-care and footwear lines, are forecast to bring in new shoppers. Under Armour reported revenue of $1.44

Forecasting 52

Forecasting Sales Investments Marketing 52

PYMNTS

SEPTEMBER 15, 2020

China saw retail sales increase last month for the first time since the COVID-19 outbreak, another sign of the country’s wider recovery. The latest numbers were a surprise as economists had predicted retail sales would be flat. The latest numbers were a surprise as economists had predicted retail sales would be flat.

Sales 64

Sales Retail Economics Forecasting 64

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. There is no one to induct. ( What happened? (

Forecasting 107

Forecasting Advertising Investments Startups 107

PYMNTS

JULY 17, 2020

retail and economic recovery is still facing serious headwinds. retail sales, which exceeded forecasts in June. Retail spending increased 7.5 What was not clear was the effect stimulus funds made on retail spend. But the May and June spikes returned retail sales levels to pre-pandemic numbers. percent hit.

Retail 63

Retail Treasury Economics Sales 63

CFO News Room

JANUARY 21, 2023

While Netflix missed earnings expectations, it added more subscribers than analysts were forecasting. related investing news Alphabet — The Google parent saw shares rise 3.6% Nordstrom — Shares of the retailer fell 7% in premarket trading after Nordstrom announced that its holiday sales fell 3.5% year over year.

Pharmaceutical 130

Pharmaceutical Forecasting Sales Retail 130

CFO News Room

DECEMBER 4, 2022

Economists forecast the unemployment rate was steady at 3.7%, and average wage growth slowed to 0.3% Retail is typically a bright spot in November, but Swonk said there are signs the industry is not ramping up as much as it normally might this holiday season. month-over-month, from 0.4% in October. ” Tech labor weakness. .

Forecasting 130

Forecasting Construction Retail Numbers 130

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 by 2023 — making up more than a quarter of the total investment for that year. billion in 2017. billion by 2023.

Investments 68

Investments Forecasting Securities Retail 68

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. Location – Southern Wisconsin.

Accounting 52

Accounting Retail Profit and Loss Cash Flow Forecasting 52

PYMNTS

NOVEMBER 9, 2020

The mall and outlet center real estate investment trust managed to post a profit despite a 91 percent occupancy rate and collecting on only 85 percent of its rents. Analysts had forecast earnings per share of 90 cents and sales of $1.08 It saw revenues of $1.06 billion, versus 2019’s $1.42

Retail 67

Retail Sales Forecasting Investments 67

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. 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. The home improvement retailer is hosting its annual analyst and investor conference on Wednesday.

Entertainment 130

Entertainment Forecasting Sales Marketing 130

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 Same-store sales, the most-watched metric in retail, were up again by 3.4 percent analysts were forecasting.

Forecasting 46

Forecasting Currencies Economics eCommerce 46

PYMNTS

FEBRUARY 13, 2020

Analysts had forecasted 159.7 Mobile monthly active users on the Chinese retail marketplace totaled 824 million, which was 39 percent higher than the prior year, while annual active consumers clocked in at 711 million. The Chinese online shopping company had revenue of $23.19 billion or 161.45 31, which was higher than 117.28

Sales 60

Sales Retail Forecasting Investments 60

PYMNTS

JANUARY 31, 2019

Central Group, Thailand’s largest retailer, confirmed Thursday (January 31) that it is investing $200 million in a unit of Grab, the Southeast Asia ride-hailing startup. According to Reuters , citing a statement by Central Group, the retailer said it will “acquire a significant non-controlling stake” in the Thailand unit of Grab.

Investments 43

Investments Forecasting Startups Retail 43

PYMNTS

OCTOBER 23, 2020

The firm especially saw gains in non-travel and expense card-not-present activity related to categories such as retail. CNP And Retail Spend . In terms of industry spend, retail spending made up 36 percent of Q3’s total (up 3 percent year on year), but retail offline spend was down 10 percent. billion from a year ago.

Retail 70

Retail CFO B2B Forecasting 70

CFO News Room

FEBRUARY 3, 2022

The Tesla dealership in Eatonville, Florida is seen on March 1, 2019, the day after Tesla announced that it was closing its retail stores as a cost-cutting measure, in a shift to on-line only sales. The company’s gross margin forecast or 52% in the first quarter missed estimates of almost 53%. Revenue beat expectations as well.

Forecasting 130

Forecasting Retail Sales Marketing 130

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

SEPTEMBER 8, 2020

One of the overlooked elements from the retail earnings reports of recent weeks is inventory levels. But several reports are pointing to healthy inventory positions as a point of optimism in retailing’s comeback progress. Its latest monthly retailer inventory-to-sales ratio report for June indicates a significant drop — from 1.35

Retail 52

Retail Sales Forecasting eCommerce 52

PYMNTS

NOVEMBER 20, 2019

Walmart, the largest retailer in the U.S., 2 and upped profit forecasts through the end of 2019. Conversely, Home Depot posted lower quarterly sales that missed Wall Street expectations, prompting it to lower year-end forecasts. percent, prompting the chain to lower its profit forecast for the rest of the year.

Retail 41

Retail Forecasting Sales Economics 41

PYMNTS

DECEMBER 16, 2020

Consignment-to-retail used vehicle marketplace CarLotz, Inc. million, while retail gross profit per unit spiked 71 percent from $1,276 in the prior year period to $2,181, according to the announcement. The firm is increasing its Q4 forecast for revenue, contribution margin and gross profit. said on Wednesday (Dec.

Forecasting 83

Forecasting Retail Sales Investments 83

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

CFO News Room

DECEMBER 14, 2022

Charter Communications — Charter Communications dropped more than 13% after CEO Thomas Rutledge said at an investor event the company will invest $5.5 Delta forecast a revenue jump of between 15% and 20% in 2023. Best Buy — The electronics retailer shed 2.5% billion over three years to upgrade its high-speed internet network.

Communication 130

Communication Technology Entertainment Education 130

CFO News Room

DECEMBER 9, 2022

related investing news. after giving an upbeat revenue forecast and reporting better-than-expected quarterly results after the bell Thursday. However, the retailer also said it expected business trends to deteriorate. after activist investor Dan Loeb boosted his stake in the retailer. Broadcom — Broadcom gained 3.1%

Restructuring 130

Restructuring Forecasting Economics Retail 130

PYMNTS

OCTOBER 2, 2020

For the chief financial officers (CFOs) and treasurers of retailers working to meet the new face of customer demand, understanding how to ensure online shoppers have a positive payments experience while ensuring their own organizations preserve margins can be a tricky balance to strike.

Retail 73

Retail Investments Forecasting Marketing 73

PYMNTS

JANUARY 7, 2021

He added that a lot of new people jumped in to invest, worried they could be missing a good opportunity to “make easy, quick gain from the latest bull run.”. He added that a lot of new people jumped in to invest, worried they could be missing a good opportunity to “make easy, quick gain from the latest bull run.”.

Marketing 132

Marketing Forecasting Investments Currencies 132

PYMNTS

DECEMBER 14, 2018

retailers are warning of a bad holiday shopping season. Mike Ashley, head of the Sports Direct chain, warned that the situation is dire, with lackluster sales unexpected for many retailers. He said the environment is very bad for retailers and that it “will literally smash them to pieces.”

Retail 53

Retail Budgeting Forecasting Sales 53

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

AUGUST 16, 2018

retail sales rose higher than expected last month — a sign that the economy remained strong early in the third quarter. According to Reuters , the Commerce Department revealed that, with the exclusion of automobiles, gasoline, building materials and food services, retail sales increased 0.5 percent in July, and rose 6.4

Sales 40

Sales Retail Manufacturing Forecasting 40

PYMNTS

MAY 24, 2019

A survey of British retailers by the Confederation of British Industry (CBI) said retailers were witnessing the poorest sales performance this month in 10 years, according to a report by Reuters. Also, a semiannual measurement of investment intentions by retailers was at its lowest point since the survey was started in 1983.

Sales 43

Sales Retail Forecasting Economics 43

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