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

Spreadym

SEPTEMBER 12, 2023

Budget preparation is the process of creating a detailed financial plan that outlines an organization's expected income and expenses for a specific period, typically for a fiscal year. Consider Contingencies: Plan for unexpected expenses or emergencies by including a contingency fund in your budget.

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

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

MARCH 1, 2019

President and CEO Art Peck said in a call with analysts that, overall, the quarter “did not live up to what I know our brands can deliver,” and that the company did not finish off the year as strongly as forecasted. He also said the retailer made solid progress on its goals for productivity and discipline to deliver on its guidance.

Retail 46

Retail Planning Restructuring Forecasting 46

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 forecast and the 1.9

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

MARCH 7, 2019

Shares of Abercrombie soared about 20 percent on Wednesday (March 6) after the company beat Wall Street estimates for earnings and reported strong same-store sales growth. It also reported same-store sales growth of 3 percent, beating Wall Street’s forecasts of 1.5 During Q4, the company earned $1.35 locations by May 21.

Restructuring 43

Restructuring Forecasting Retail eCommerce 43

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

Cube Software

MAY 11, 2023

No business can survive without planning. The answers—based on different sources of data like market research or historical sales information—guide internal decision-making to promote regular, sustainable growth as well as create contingency plans for worst-case or best-case scenarios. What is a pro forma financial statement?

GAAP 40

GAAP Financial Planning and Analysis (FP&A) Profit and Loss Accounting Principles 40

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 percent to 2.5 a share, down from $1.35

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

Barry Ritholtz

SEPTEMBER 5, 2023

I used to sell units in an onsite sales condo new development on the Upper East Side. And if you actually stood back and looked at a chart of what was happening, prices were going straight up and sales were going straight down. And you could see it because sales actually lead price direction by a year in many cases.

Sales 52

Sales Marketing Numbers Construction 52

PYMNTS

SEPTEMBER 16, 2019

MoviePass, and its parent firm Helios and Matheson Analytics, expected their service would increase the number of movies consumers saw — but did not accurately forecast just how often MoviePass subscribers — mostly young, single urban professionals would go to the movies. Individual plans, by comparison, are $10 a month. Since $2.50

Restructuring 52

Restructuring Investments Accounting Planning 52

Barry Ritholtz

OCTOBER 3, 2023

Now, there was one really important part of, of that as part of my job training, I was sent to the big sales offices to learn how the product was sold. One of the big sales offices was out in Long Island in Garden City. We started on that plan in December of 16. I mean, it’s impossible to forecast this sort of thing.

Marketing 108

Marketing Treasury Banking Profit and Loss 108