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Foot Locker, JD.com, Gap and others

CFO News Room

The apparel and footwear retailer also raised its full-year forecast and reported an unexpected rise in comparable store sales. in premarket trading after an unexpected return to profitability and better-than-expected sales. Williams-Sonoma reported better-than-expected sales and profit for its latest quarter. in the premarket.

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Boeing, AT&T, Mattel and others

CFO News Room

Check out the companies making headlines before the bell: Boeing (BA) – Boeing reported a loss of $7.69 Analysts had expected a loss of 42 cents per share. AT&T (T) – AT&T gained 1% in the premarket after reporting better-than-expected fourth-quarter profit and revenue. per share for the fourth quarter, as it took $4.4

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Retail Lobby: “We Lied About Organized Theft”

Barry Ritholtz

billion in retail inventory losses in 2021 was not “attributable to organized retail crime.” retailers retracted its claim that “organized retail crime” accounted for nearly half of all inventory losses in 2021 after finding that incorrect data was used for its analysis.” No, “ nearly half ” of $94.5

Retail 141
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IMF Report: Banking Profits Might Not Exceed Cost Of Equity In 2025

PYMNTS

A large share of the banking sectors of nine advanced economies, by assets, may not be able to bring in profits higher than their cost of equity in 2025, according to a simulation exercise cited in the “Global Financial Stability Report” by the International Monetary Fund (IMF).

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Duncan Burgess, Global Finance Director

CFO News Room

He joined oil and gas company BG Group in their budgeting and forecasting team to broaden his management accounting and reporting experience. He then moved to the security construction technology company ICx Technologies as division controller. But he soon transferred to the UK to take advantage of its wide range of opportunities. .

Finance 130
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The Challenges of Constant Change and the Need for Accurate Scenario Planning

Centage

A way to secure control despite uncertain circumstances, scenario planning involves identifying assumptions about the future and creating a plan for how your business will respond. The end result is improved forecasting when it comes to revenue, profitability, and cash flow.

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What Does the Market “Know” ?

Barry Ritholtz

Additionally, the bottom quartile (perhaps even half) of wage earners had been driving Deflation, not Inflation for decades as minimum wage lagged inflation, productivity, corporate profits, and (especially) executive comp. When big reversals occur, the dynamics of that risk/reward ratio change, often leading to losses.

Marketing 126