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The Best Time to Make a Profit is ALWAYS

Michigan CFO

And in Q1 of 2017, investors were pleased the company reduced its quarterly loss to $708M from the Q4 2016 loss of $991M. From CNNtech: “To many readers, the loss is nothing short of staggering. Losses down, even though they keep investing heavily around the world.” The time to be profitable is ALWAYS.

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Henri Bendel Shutting Down After More Than 100 Years In Business

PYMNTS

We have decided to stop operating Bendel to improve company profitability and focus on our larger brands that have greater growth potential,” said Leslie Wexner, chairman and chief executive of L Brands, according to The Wall Street Journal. The MATH doesn’t add up,” Jefferies analyst Randal Konik wrote in a note to clients.

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Capital One 2Q Surges On Card Spend

PYMNTS

Capital One reported a robust second-quarter performance as the bank had increased spending and lowered losses in its credit card business. Chairman and CEO Richard Fairbank said the company showed strong year-over-year growth in pretax income, driven by revenue growth and significant improvements in provision for credit loss.

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Will Members-Only Bed Bath & Beyond Be Able To Compete With The Coupons?

PYMNTS

In a retail reality where everything is always on sale, coupons were the clever method by which brick-and-mortar shops drew in customers with deals. Because everything is always on sale and because there are any number of ways to collect digital coupons and discounts, who needs all the extra paper?

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The ‘Nine Deadly Costs Of Fraud’

PYMNTS

Online merchants know very well that fraud costs them in many ways – in chargebacks, in false positives, in the friction that’s introduced at checkout that can cost a sale. Something that Kount says its data shows that merchants must make eight additional sales to make up for the cost of one fraudulent order.

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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

You can grasp nonprofit accounting basics in just a few minutes, even if you’ve never taken an accounting course (and even if you hated math in high school). The basic accounting principles for nonprofit organizations are the same as accounting for for-profit companies. . Sales of products or services. Grant funds.

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Transcript: Steven Klinsky

Barry Ritholtz

But as a private equity owner, again, first of all, you do invest heavily of your own money in the transactions, plus you have additional ownership through, you know, the carried interest, the profits interests. You got 60 percent of losses ahead of you. RITHOLTZ: So it’s different math then I need 100x winner versus 99?