CFO News Room

DECEMBER 19, 2022

The highly-anticipated movie brought in $134 million , less than the $175 million expected by analysts and under the $135 million to $150 million range Disney had forecast. Discovery continued its slide since announcing last week it was increasing its restructuring cost estimates by $1 billion. billion, or $58 per share in cash.

Restructuring 130

Restructuring Forecasting Investments Startups 130

CFO News Room

DECEMBER 15, 2022

Discovery’s stock shed more than 7% after increasing its restructuring cost estimates by $1 billion. Thursday’s decline comes after shares gained Wednesday on the airline’s forecast that 2023 earnings will nearly double. Warner Bros. Discovery – Warner Bros.

Entertainment 130

Entertainment Advertising Restructuring Communication 130

CFO Share

APRIL 12, 2024

In fact, most unprofitable months could have been avoided through basic risk mitigation, such as creating a financial forecast , performing a sensitivity analysis, and developing a financial strategy. A significant decrease in revenue can result in layoffs or restructuring.

Risk Management 104

Risk Management CFO Restructuring Sales 104

Fpanda Club

MARCH 28, 2021

That is the reason why many finance and FP&A leaders are taking the steps to transform their functions: restructure processes, upgrade systems and tools, develop teams. Reporting, planning and forecasting exercises are highly manual, require significant efforts and are based on standard general ledger information.

Budgeting 130

Budgeting Forecasting General Ledger Finance 130

Focus CFO

JUNE 28, 2023

Forecasting Macroeconomic Storms The First Storm Front (late 2023 to 2024) Our friends at ITR Economics —known for their forecast accuracy—have been predicting a macroeconomic recession likely to begin toward the end of 2023 and persist throughout 2024. For many years, ITR has been forecasting a MAJOR downturn in the 2030s.

Economics 52

Economics CFO Forecasting Communication 52

Future CFO

OCTOBER 19, 2023

The forecast corporate default rate reflects slowing global economic growth, an uneven rebound of China's economy, and continued tight monetary policy and high interest rates globally, the firm noted. Companies that have already defaulted, with many undergoing debt restructuring, account for the bulk of these maturities ($47 billion).

Restructuring 52

Restructuring Forecasting Leverage Accounting 52

Fpanda Club

SEPTEMBER 2, 2021

The list of typical FP&A activities usually includes planning, budgeting, forecasting, analysis, management reporting and performance management. Forecasting is the practice of making regular predictions about the company’s expected future results based on the past and present data as well as on the anticipated future events.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

Spreadym

NOVEMBER 23, 2023

Forecasting and Planning: Understanding historical OPEX trends aids in forecasting future expenses. Certain expenses, like restructuring costs or one-time expenses, aren’t always captured within standard OPEX, impacting the analysis of overall business expenses.

Financial Analysis 59

Financial Analysis Benchmarking Restructuring Cost Management 59

PYMNTS

JULY 23, 2020

The retailer and “certain of its subsidiaries” have come to a restructuring support agreement (RSA) with more than 68 percent of secured term lenders, according to a Thursday (July 23) statement. Ascena Retail Group, Inc. has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia.

Planning 56

Planning Restructuring Forecasting Retail 56

PYMNTS

MAY 11, 2020

Due to the pandemic, WEX has modified its financial forecast for this year, saying the impact on travel and related industries will likely result in a 2 percent to 3 percent drop from its February forecast.

Restructuring 60

Restructuring Forecasting Healthcare eCommerce 60

PYMNTS

FEBRUARY 14, 2020

To recover following a lackluster display over the holidays, Modell’s Sporting Goods has brought on a series of advisers with the inclusion of a chief restructuring officer. Winter weather that was somewhat warm also hurt as demand for sweatshirts, as well as boots, was not as strong as forecast.

Sales 52

Sales Restructuring Forecasting Retail 52

CFO Share

SEPTEMBER 19, 2022

Overhead obligations and restructuring opportunities. Financial planning in a recession or growth economy should include: Business forecasts with base-case, best-case, and worst-case scenarios. Monthly variance analysis of actual results vs. forecast, including non-financial KPIs. Gross margins. Volume versus break-even.

CFO 52

CFO Restructuring Forecasting Budgeting 52

E78 Partners

AUGUST 21, 2023

This phase often involves key decisions about the company’s strategic direction, potential restructuring, operational improvements, and leadership changes. It is not uncommon for a PE sponsor to encounter significant accounting weaknesses, long reporting lags, disconnected systems, ineffective KPIs, and poor forecasting abilities.

Planning 52

Planning Valuation Restructuring Leverage 52

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

Future CFO

OCTOBER 21, 2020

Market-oriented approaches to debt restructuring are gradually developing in China , but bond investors still have limited bargaining power and options in debt restructuring, the company said. . Moody's forecasts China's GDP will grow 1.9% in 2020, followed by 7% growth in 2021.

Restructuring 40

Restructuring Economics Forecasting Investments 40

PYMNTS

MARCH 16, 2017

Stangl has served the company for more than two decades, and with her resignation will come a restructuring of the leadership for the Pottery Barn Brands. I thank them for their dedication and look forward to their future successes,” Stangl commented in a press release.

Leadership 40

Leadership Forecasting Restructuring Retail 40

PYMNTS

OCTOBER 21, 2020

Gross merchandise volume for Free Now had been forecast pre-pandemic to reach €8 billion in 2022, according to Bloomberg. SK Telecom has restructured over the years to become a tech firm with its hands in mobile communication, media, security and commerce.

Restructuring 62

Restructuring Forecasting Communication Startups 62

Future CFO

JANUARY 12, 2023

CFOs are taking a personal interest in high-level finance restructuring in 2023 The CFO role is a strategic one, and therefore while CFOs do not generally plan to become closely involved in the tactical details of the digital transformation of their functions, they nonetheless recognise its strategic importance.

CFO 52

CFO Communication Restructuring Budgeting 52

Spreadym

SEPTEMBER 12, 2023

Create a Revenue Forecast: Estimate your expected income sources, including salaries, sales revenue, investment income, grants, or any other sources of revenue. Industry Trends: Industry-specific trends and market conditions can affect pricing strategies, sales forecasts, and overall business strategy.

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

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. The bank indicated the decision would save a forecast $4.3

Banking 84

Banking Planning Restructuring Forecasting 84

PYMNTS

JUNE 17, 2020

In early May, as announced in the past, the company came into a binding restructuring support agreement with holders representing more than two-thirds of its current debt. The company said its capital organization post-emergence is forecasted to take away roughly $4 billion in current debt, without any maturities in the short-term.

Finance 52

Finance Restructuring Forecasting Retail 52

PYMNTS

OCTOBER 14, 2020

After that the new Prime data bounced back and forth a bit — early on the forecast was for a late August or early September Prime Day and a final date was only set as of the end of September for Oct. In response to the radically shifted reality that emerged in early spring 2020, Prime Day was delayed. The Prime Day Push .

Forecasting 72

Forecasting Restructuring Sales eCommerce 72

PYMNTS

DECEMBER 15, 2019

Accountancy firm Binder Dijker Otte, known as BDO, gathered the recent data and forecasts there will be more reviews on tap. Skilled persons’ reports made headlines following misconduct at Royal Bank of Scotland ’s now-defunct restructuring division GRG.

Banking 52

Banking Restructuring Accounting Firms Forecasting 52

Michigan CFO

SEPTEMBER 29, 2021

Financial Planning: Better manage the operational components of cash management, borrowing, restructuring, and equites raises. Conducting financial risk assessments and financial forecasts. Real-Time Compliance: Quickly remediate issues and ensure tax compliance. Ensuring firm financial infrastructure.

Manufacturing 52

Manufacturing CFO Compliance Forecasting 52

CFO Share

OCTOBER 14, 2021

Depending on your situation, you may need to: Use a 13 week cash flow forecast weekly. Pursue debt restructuring or apply for additional debt. Accelerate collections, defer payments, or restructure your organization. Fraud management services typically include cash crisis management.

Profit and Loss 52

Profit and Loss Cash Flow Forecasting Restructuring Auditing 52

PYMNTS

AUGUST 2, 2017

Following this restructuring plan, Under Armour is also reworking its sales forecast outlook for the remainder of 2017. Outside of its restructuring efforts, Under Armour is expecting its adjusted earnings for the year to be between 37 cents and 40 cents per share, while analysts are projecting 42 cents per share.

Sales 40

Sales Restructuring Planning Forecasting 40

PYMNTS

DECEMBER 8, 2019

Moody’s changed its forecast for global banks from stable to negative and said that in the medium term, the “profitability gap between euro-area banks and global peers will widen further” despite mass layoffs. The costs of reducing overcapacity through restructuring?.?.?.?are

Profit and Loss 56

Profit and Loss Restructuring Auditing Economics 56

Planful

SEPTEMBER 18, 2018

Common examples are stock compensation expenses or restructuring charges. we report restructuring charges to severance expense, rent expense, benefits, etc.) The data and the forecast is live so I can see where it lands in comparison to plan in real time. The adjusted EBITDA definition is as follows: .

Profit and Loss 40

Profit and Loss Restructuring Forecasting CFO 40

PYMNTS

JUNE 29, 2020

Looking ahead, Oarex forecast that digital media companies will see their average payment terms increase t0 64 days next year if current trends continue. For others, Akamai said it agreed to restructure existing contracts. That’s compared to 2017 figures, during which invoices were paid on time.

Invoicing 102

Invoicing B2B Restructuring Finance 102

PYMNTS

FEBRUARY 25, 2020

billion forecasted by analysts. This sets the stage for what Gennette described as a “transition year” – a term that recurred a few times during the earnings call, particularly when the firm was offering its forecasts for 2020 in total, but was not fully defined. EPS came in at $2.12, comfortably ahead of the $1.96 per share expected.

Forecasting 52

Forecasting Restructuring Sales Advertising 52

PYMNTS

OCTOBER 1, 2019

It aims to see better profits by restructuring and raising prices to raise its 2019 forecast, despite potential global trade difficulties ahead. German shipping and logistics company Deutsche Post DHL has investment and expansion plans to capitalize on the growing eCommerce space worldwide, according to a report from Reuters.

Investments 40

Investments Restructuring Forecasting eCommerce 40

PYMNTS

APRIL 27, 2020

We will definitely see an uptick in defaults and an uptick in restructurings,” said William “Tuck” Hardie of Houlihan Lokey Inc., In the meantime, Fitch Ratings last month raised its 2020 institutional term loan default rate forecast to 5 percent to 6 percent. corporate debt stood at $64.1 according to the Journal.

Restructuring 60

Restructuring Forecasting Economics Retail 60

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 CFO Forecasting Leverage 40

PYMNTS

MARCH 7, 2019

It also reported same-store sales growth of 3 percent, beating Wall Street’s forecasts of 1.5 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. During Q4, the company earned $1.35 per share, which beat the projected $1.15

Restructuring 43

Restructuring Forecasting Retail eCommerce 43

PYMNTS

OCTOBER 27, 2016

Samsung forecast a turnround in the mobile business next year with the launch of new flagship smartphones including the Galaxy S8, which is due to be introduced in March. Analysts said that a board seat would allow Mr Lee to take a bigger role in Samsung’s strategic decision-making, such as group-wide restructuring. Shares were up 0.6

Restructuring 51

Restructuring Forecasting Technology Securities 51

PYMNTS

JANUARY 17, 2020

million Pinterest users in the country and forecasts are for the user base to increase by more than 4 percent annually. A review of business units is underway, and a possible restructuring may be in the cards for Wells Fargo. -branded cards business grew by 10 percent. edging out Snapchat. There are an estimated 82.4

SAP 53

SAP Restructuring Forecasting Sales 53

PYMNTS

SEPTEMBER 16, 2016

Economists had forecasted that the CPI would move up by 0.1 Economists cited expanding health care coverage under President Barack Obama’s s 2010 health care restructuring as a factor and referred to it as a “dark cloud” over the good news that record numbers of people are signing up for health insurance. The CPI increased 1.1

Benchmarking 65

Benchmarking Restructuring Forecasting Treasury 65