PYMNTS

MARCH 16, 2017

The retailer said it had profit of $1.63 Alber continued, “Entering 2017, we will continue to improve performance and increase our competitive advantage, with a focus on innovation in eCommerce, our products and service, and the retail experience. per share and earnings of $1.55

Leadership 40

Leadership Forecasting Restructuring Retail 40

PYMNTS

JUNE 17, 2020

The retailer said $250 million is available now and a further $150 million will be available as needed after Sept. 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. Neiman Marcus Group has obtained U.S.

Finance 52

Finance Restructuring Forecasting Retail 52

PYMNTS

OCTOBER 14, 2020

Usually hosted in early July, Prime Day was conceived to give consumers a reason to go shopping during the dog days of summer when retail sales generally hit their lowest point of the year. Longtime PYMNTS readers know the story of the Amazon effect across a lot of verticals — retail, grocery , payments. The Prime Day Push .

Forecasting 72

Forecasting Restructuring Sales eCommerce 72

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

FEBRUARY 25, 2020

billion forecasted by analysts. And while the earlier part of the season was sluggish, Gennette noted, the last 10 days represented something of a rally for the embattled department store retailer, as consumers began filing into stores at greater than anticipated rates. EPS came in at $2.12, comfortably ahead of the $1.96

Forecasting 52

Forecasting Restructuring Sales Advertising 52

PYMNTS

AUGUST 2, 2017

The earnings numbers are in for Under Armour, and it’s not exactly what the sports apparel retailer was hoping for. Following this restructuring plan, Under Armour is also reworking its sales forecast outlook for the remainder of 2017.

Sales 40

Sales Restructuring Planning Forecasting 40

PYMNTS

MARCH 7, 2019

Over the last eight years, the retailer has shuttered about 475 stores, as well as reduced the size of its stores and remodeled existing locations. In fiscal 2018, the retailer closed 29 stores, with more possible since around 50 percent of its leases expire within the next few years. During Q4, the company earned $1.35

Restructuring 43

Restructuring Forecasting Retail eCommerce 43

PYMNTS

APRIL 27, 2020

The Wall Street Journal reports that certain verticals, such as retail and energy, had already been on relatively shaky ground with onerous debt loads before COVID-19 came to the fore. Marquee names in retail are in talks for bankruptcy financing, such as JCPenney, to the tune of $1 billion. Neiman Marcus may file.

Restructuring 60

Restructuring Forecasting Economics Retail 60

PYMNTS

JANUARY 17, 2020

Holiday (and Post-Holiday) Shopping: Throughout the month of December helped push retail sales up more than 5.8 Retail sales were up 3.6 million Pinterest users in the country and forecasts are for the user base to increase by more than 4 percent annually. We’re only two weeks in, but off to the races. percent year on year.

SAP 53

SAP Restructuring Forecasting Sales 53

PYMNTS

AUGUST 16, 2018

The planet’s largest retailer by sales crushed their way through Q2, with bigger than expected gains in revenue, earnings, same-store sales and eCommerce sales than analysts were predicting before the numbers hit the wires. percent to $128 billion, ahead of analyst forecasts of $125.9 It was a good day for Walmart on Wall Street.

Profit and Loss 40

Profit and Loss Restructuring Forecasting eCommerce 40

PYMNTS

SEPTEMBER 16, 2016

Economists had forecasted that the CPI would move up by 0.1 A disappointing economic report for August, weak retail sales and industrial production and slower job growth are expected to prevent the Fed from increasing interest rates at least until December. The CPI increased 1.1 percent last month. percent in July. percent since March.

Benchmarking 65

Benchmarking Restructuring Forecasting Treasury 65

PYMNTS

MARCH 23, 2017

News for the historic retail giant Sears doesn’t seem to be moving in an upward trajectory. This raises further concerns for investors and stockholders still clinging onto hope that the big-box retailer will survive. As we reported this week, the company saw a nosedive in its stock shares.

Restructuring 40

Restructuring eCommerce CFO Retail 40

PYMNTS

OCTOBER 12, 2020

When asked, fear of crowds surfaced as consumers’ primary reason for preferring to carry on with digital-first experiences when it comes to shopping for groceries (57 percent), purchasing retail products (52 percent) and even ordering food from restaurants (45 percent). The SMB Pinch. between March 1 and Sept.

Retail 88

Retail Restructuring Forecasting Sales 88

PYMNTS

AUGUST 22, 2019

The bank went on to note that it had attempted to work with the FIs to move them back to solvency through the actions of their shareholders, but that all closed-down institutions had remained insufficiently capitalized after over a year of attempted restructuring. But when it came time to collect their funds, they found they were unable.

Banking 46

Banking Profit and Loss Restructuring Finance 46

PYMNTS

FEBRUARY 9, 2018

A big boost for both firms’ private-label brands was forecast, and has since come to pass. Some have speculated that Amazon is planning a serious restructuring plan for Whole Foods stores, which could see whole sections of the stores converted into miniature versions of Amazon’s highly automated warehouses. Theories abounded.

Restructuring 53

Restructuring Treasury Accounting Forecasting 53

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. Last week 100-plus-year-old retail Barneys New York officially filed for Chapter 11 bankruptcy and put it up for sale. The Department Store 2019 Blues.

Restructuring 65

Restructuring Sales Forecasting CFO 65

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 The retailer noted that the holiday sales season had started well but fell off in mid-December. percent to 2.5

Sales 49

Sales Forecasting Restructuring CFO 49

Barry Ritholtz

SEPTEMBER 26, 2023

We are not macro forecasters, but we are macro aware understanding what’s happening in the economy with technicals in the markets. How do you deal with the macro environment that has been forecasting recession for, I don’t know, it feels like three years now. But again, we’re not macro forecasters here.

Investments 52

Investments Economics Banking Construction 52

Barry Ritholtz

SEPTEMBER 5, 2023

RITHOLTZ: Everybody’s been forecasting incorrectly about recessions, about rate cuts. MILLER: And my wife always kids me about being overly eager to pay full retail. RITHOLTZ: That’s assuming Goldman is right. MILLER: Correct. So let’s talk a bit about, I want to talk about rates and I want to talk about supply.

Sales 52

Sales Marketing Numbers Construction 52

Barry Ritholtz

OCTOBER 3, 2023

It had gone from a fairly, fairly heavy retail business to a very institutional business. At the time, the Mexican, after the Mexican restructuring, they had, they had Mexican bonds with an oil option embedded in them. People that shop at the, at the big box retailers, the Walmarts, ’cause they import a lot of their goods.

Marketing 108

Marketing Treasury Banking Profit and Loss 108

CFO News Room

JANUARY 19, 2023

They mock the political forecasters and the talk of “optics.” The result further consolidated evidence of a tight labor market despite the Federal Reserve’s aggressive tightening path last year, challenging market bets that the Fed will halt its tightening path before reaching the forecasted terminal rate of 5.25%.”

Manufacturing 130

Manufacturing Advertising Economics Planning 130