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DraftKings, Cinemark, Hershey and more

CFO News Room

in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that topped Wall Street forecasts. after reporting better-than-expected quarterly revenue, even though its loss was larger than analysts had anticipated. Starbucks said its investments in new equipment and higher wages for workers are paying off.

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Poshmark Files For IPO After Posting Record Profits

PYMNTS

Secondhand eCommerce platform Poshmark filed for an initial public offering (IPO) after posting more than $30 million in profit across two consecutive quarters. “We We only recently became profitable and have experienced net losses. The Silicon Valley startup posted a net loss of $14.5 million last year.

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Digital native retail CFOs: What’s the next move for success?

Future CFO

Digital native retail businesses are expected to see resounding success in the coming few years, but their existing strategies might need a tweak soon as traditional retailers are catching up, said Bain & Company recently. Digital native retail businesses are retailers which initially operated exclusively online, Bain defined.

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Deere, HP, Nordstrom and others

CFO News Room

Check out the companies making headlines before the bell: Deere (DE) – The heavy equipment maker reported better-than-expected profit and revenue for its latest quarter and issued an upbeat outlook. Deere said it benefited from positive farm fundamentals and increased infrastructure investment. Its stock jumped 4.2%

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Digital Retail Investments Are Paying Off In Q3

PYMNTS

As the year winds down – and holiday shopping picks up – clarity is emerging about which retail investments might pay off in the new decade, and which merchants might be in trouble. The two retailers cut their annual forecasts for the second time this year. Take retail chain Target as one example. Delivery Growth.

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Computer Retailer – Accounting Methods

CFO Simplified

But understanding your company’s profitability is critical to making the right decisions. Business – E-commerce computer retailer. Plus, internal statements showed wild swings in profitability, which meant that until year-end, the owners were never able to truly understand whether they were making money or not. Recommendations.

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Citigroup, Manchester United, Nordstrom, Tesla and more

CFO News Room

Deere — Shares of the heavy equipment maker jumped 5.8%, on track for a record close, after the company reported better-than-expected profit and revenue for its fiscal fourth quarter. Deere also issued an upbeat outlook, saying it benefited from positive farm fundamentals and increased infrastructure investment. after warning of $1.6