Remove GAAP Remove Numbers Remove Sales
article thumbnail

Foot Locker’s Sales Spike Is Good News For Nike 

PYMNTS

10) after Foot Locker reported an 18 percent spike in second-quarter comparable store sales, attributing the gains to pent-up demand and U.S. Morningstar Equity Analyst David Swartz told PYMNTS that Nike has a significant relationship with Foot Locker, so strong numbers from Foot Locker certainly bode well for the shoe maker.

Sales 92
article thumbnail

Forecasting Future Fraud: Q&A With Joanne Horton Of Warwick Business School

Global Finance

If we think about it, a managerif facing pressure to beat an analyst forecast, or beat last years earnings, or wanting a particular bonushas enough flexibility in the accounting rules to manage those numbers while staying within the rules. You manage your numbers. You are going to make those sales, right? Horton: Heres one.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Starbucks China Comp Sales Drop 3 Pct Amid Pandemic

PYMNTS

29) as part of its Q4 earnings that comparable-store sales dropped 3 percent in China, with comparable transactions lower by 7 percent, partially offset by a 5 percent rise in average ticket. Johnson also reported a “rapid re-acceleration” of new store development in China, which he said is its “number one driver of growth” in the country.

Sales 85
article thumbnail

Family Office Financial Management

https://trustedcfosolutions.com/feed/

It used to be the domain of a relatively small number of wealthy families. Financial governance allows your organization to meet compliance requirements, such as IFRS and GAAP updates, by having the right financial controls in place. Family offices are growing in popularity.

GAAP 116
article thumbnail

Uber Eats Adjusted Net Sales Surge 154 Pct, Freight Logs 75 Pct Gain

PYMNTS

billion, representing a 42 percent gain, and that number was in line with expectations. Drilling down into the numbers, monthly active platform customers were 22 percent to 111 million. billion were better than the $18 billion analysts had expected, up 28 percent, while within that number, ride-sharing bookings were $13.2

Sales 72
article thumbnail

Sally Beauty Holdings Sees Q3 Net Sales Drop 28 Pct YOY

PYMNTS

reported that its net sales fell in the third quarter to $705.3 The Texas-based beauty supplier reported on Thursday (July 30) that its losses were partially offset by a surge in online sales and the opening of its shops from mid-April through the end of June. As a result of COVID-19, same-store sales dropped by 26.6

Sales 56
article thumbnail

MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

It can quickly become unmanageable to try and handle lease contract management, lessor accounting, maintenance services, sales of consumables, revenue recognition and disclosure reporting all with different siloed software. In addition, global companies need the flexibility to comply and report according to multiple accounting standards.