CFO News Room

JANUARY 7, 2023

Costco Wholesale — Shares of the big-box retailer jumped about 7.3% after it reported solid sales numbers for December. after the retailer warned it was running out of cash and was considering bankruptcy. Silvergate Capital — Shares of the crypto-focused bank fell 2.6%, adding to its 42% loss from the previous day.

Entertainment 130

Entertainment Profit and Loss Valuation Manufacturing 130

PYMNTS

APRIL 16, 2020

As retailers look for a way out of an unprecedented cash flow crunch, many are slashing prices online and offering free shipping. The move is good for consumers, but for the retailers involved discounting is a double-edged sword. It’s the age-old argument for retail. According to Edited , the number of new styles posted by U.S.

Retail 58

Retail Profit and Loss Valuation Sales 58

PYMNTS

AUGUST 14, 2017

As of the end of Q2, the numbers aren’t quite what the long-suffering retail chain was hoping to see. Same-store sales and earnings both clocked in under analyst estimates, and net losses grew to $62 million, or 20 cents per share, from the $56 million, or 18 cents per share, reported in the same time frame last year.

Profit and Loss 51

Profit and Loss Forecasting Sales Numbers 51

PYMNTS

MARCH 6, 2020

That’s the case with the new employment report from the Bureau of Labor Statistics, which showed that retail jobs held steady between January and February. Manufacturing, mining, wholesale and retail trade, and transportation and warehousing saw little change in employment for the month, the BLS said. Sometimes no news is good news.

Retail 60

Retail Profit and Loss Manufacturing Construction 60

PYMNTS

OCTOBER 27, 2016

Traditional retail metrics are no longer sustainable — or are rapidly becoming such — in a digital retail environment. That is the finding of HRC Retail Advisory’s latest study focused on mature retail businesses. Retailers must take action now to address these issues, which are not economically sustainable.”.

eCommerce 63

eCommerce Retail Profit and Loss Sales 63

PYMNTS

MARCH 11, 2020

The volatile, COVID-driven stock market has had a mixed effect on the retail IPO class of 2019. Chewy seems to offer protection against coronavirus fears that have afflicted retailers and other businesses that function as gathering places. Revolve, a high-end women’s apparel retailer, has had a tough year before the coronavirus crisis.

Retail 56

Retail Profit and Loss Sales eCommerce 56

PYMNTS

OCTOBER 30, 2020

Sportswear giant Under Armour reported a third-quarter profit of $38.9 Patrik Frisk, president and CEO of Under Armour, told The Baltimore Sun that the company is focused on returning to profitability and is planning to invest in eCommerce and company-owned retail outlets. . The deal is valued at up to $345 million.

Sales 87

Sales Profit and Loss eCommerce Retail 87

PYMNTS

MARCH 2, 2016

Until last year, it seemed like there was no ceiling the Chinese economy couldn’t simply break through, but as the country’s long-term economic crisis continues, some retailers are seeing their previously impenetrable profit margins dissolving into dust. JD.com announced a loss of 7.63 JD.com announced a loss of 7.63

Sales 40

Sales Profit and Loss CFO Economics 40

PYMNTS

JANUARY 18, 2020

What makes the story stand out among the reams of local retail crime reporting is that the crime was actually committed. Botched crimes in local retail are common. Organized Crime’s Physical Retail Expansion . Brown rejected suggestions that it could be a current or past employee, telling local news affiliates, “It was a pro.”.

Retail 58

Retail Profit and Loss Planning Sales 58

PYMNTS

AUGUST 3, 2017

New data from insolvency firm Begbies Traynor may set off alarm bells: The number of U.K. A report released from the company this week found a 25 percent year-over-year increase in the number of companies categorized as being in significant financial distress in Q2, the largest yearly increase the firm has seen in three years, it said.

Numbers 46

Numbers Construction Profit and Loss Credit Risk 46

CFO News Room

JANUARY 19, 2023

These protections help safeguard investors’ funds and securities in the event of a brokerage firm’s failure or other financial losses. In addition to this protection, Robinhood has implemented measures to monitor suspicious activity and protect users from financial loss due to fraudulent activity. Is Robinhood Safe to Use?

Profit and Loss 130

Profit and Loss Securities Nonprofit Investments 130

Future CFO

DECEMBER 21, 2023

Declining profitability: For example, are your sales lower or your cost of goods sold higher? Poor interest coverage ratio: This shows operating profits may not be able to cover interest expenses. Think of the retail shift to online when Covid-19 shut down bricks and mortar establishments overnight. Weakened balance sheet.

Profit and Loss 52

Profit and Loss Concentration Benchmarking Invoicing 52

Musings on Markets

FEBRUARY 15, 2023

During the course of the year, investors also rediscovered that the essence of business is not growing revenues or adding users, but making profits from that growth. In this post, I will focus on trend lines in profitability at companies in 2022, with the intent of addressing multiple questions.

Profit and Loss 52

Profit and Loss Investments Hurdle Rate Accounting 52

PYMNTS

DECEMBER 4, 2020

The number of shares and the pricing have not yet been released. . Pets are anticipated to stay popular, with the number of households with pets going up 4 percent in 2020 alone. The pet retail chain is also moving towards profitability after net losses the past two years. billion in the 10 months ended Oct.

Profit and Loss 66

Profit and Loss Valuation Sales Retail 66

PYMNTS

NOVEMBER 5, 2018

Those promise to stand as two main traits of the 2018 holiday shopping season , and retailers that gain an edge and increase revenue during the all-important fourth quarter will likely have exploited such tactics during this period, at least according to new data that strives to paint a detailed picture of U.S. percent, reaching $124.1

Sales 71

Sales Retail Profit and Loss eCommerce 71

PYMNTS

NOVEMBER 17, 2020

16), Pinduoduo said it will use the money “to invest in agricultural logistics infrastructure and responsive manufacturing as consumer behavioral changes accelerate the online migration of retail.”. Despite being one of China’s largest shopping platforms, Pinduoduo has yet to turn a profit. In a statement released on Tuesday (Nov.

Profit and Loss 90

Profit and Loss Manufacturing Investments eCommerce 90

PYMNTS

MAY 11, 2017

The Boston-based furniture and home goods retailers saw it stock price shoot up 20 percent to an all time high as earnings reports clocked in stronger than expected. By The Numbers . Net revenue from direct retail sales through Wayfair’s websites up 32.1 That Lingering Profit Problem. Wayfair’s net revenue hit $960.8

Profit and Loss 40

Profit and Loss Retail Advertising Budgeting 40

PYMNTS

JUNE 6, 2019

Not bad for a firm from which the Street was expecting losses, instead of gains. By the numbers, the service reported fiscal third-quarter net income of $7 million, or 7 cents a share vs. the expected loss of 3 cents per share. Revenue clocked in at $408.9 million vs. $394.9 million predicted — up 29 percent year on year.

Forecasting 49

Forecasting Numbers Planning Marketing 49

PYMNTS

JULY 31, 2017

After the last customer has been rung up and the last item has been sold from the store’s warehouse inventory, what’s left are usually several retail professionals looking for new employment. Now that eCommerce has been in effect for nearly 20 years, several retailers are finding themselves facing a tough decision.

Retail 43

Retail Profit and Loss eCommerce Sales 43

CFO Thought Leader

MAY 3, 2023

Back in 2006, when Paul Sheriff had only recently been named group financial director for a midsize banking business based in the United Kingdom, his team noticed that the profit margins of a certain banking product were experiencing a steady decline. We certainly have some of the most popular brands in the UK.

CFO 52

CFO Profit and Loss Finance Leadership 52

Musings on Markets

FEBRUARY 8, 2024

To put these numbers in perspective, the Mag Seven companies now have a market capitalization larger than that of all listed stocks in China, the second largest market in the world in market capitalization terms.

Marketing 115

Marketing Valuation Profit and Loss Advertising 115

PYMNTS

OCTOBER 6, 2017

With a whopping 10 percent fewer customers, if early numbers are any indicator — but maybe those shoppers were just trying it out? That’s a more substantial loss than Target, Costco, Aldi, Stop & Shop, and Kroger suffered – combined. However, the good news for Trader Joe’s and others is that the initial numbers didn’t hold.

Numbers 40

Numbers Profit and Loss B2B eCommerce 40

PYMNTS

SEPTEMBER 21, 2020

21) announcement also gave the retail industry a look at how Walmart is now categorizing its executive team and online structure, stemming from a recent reorg. Last fall, it agreed to hand over ModCloth to brand investment firm Go Global Retail, while some reports have suggested that Bonobos is still not profitable for the retailer.”.

Profit and Loss 90

Profit and Loss Retail Finance Investments 90

Musings on Markets

JANUARY 31, 2024

Since businesses invest that capital in their operations, generally, and in individual projects (or assets), specifically, the big question is whether they generate enough in profits to meet these hurdle rate requirements. While private businesses are often described as profit maximizers, the truth is that if they should be value maximizers.

Hurdle Rate 79

Hurdle Rate Profit and Loss Investments Accounting 79

PYMNTS

MAY 27, 2020

FedEx has been seeing an upheaval of its business and may have to tap into debt to make up for the dearth of the usual high-profit business shipments. Hermes is coming off of a bad 2019 when it had double-digit losses, according to Reuters, citing Handelsblatt.

Profit and Loss 86

Profit and Loss eCommerce B2B Finance 86

PYMNTS

MAY 5, 2020

The company reported the second-quarter profit of its fiscal year at $460 million, or 26 cents a share, on sales of $18.01 Disney executives did not speculate on near-term financial effects beyond saying that the direct-to-consumer (D2C) segment – which includes Hulu and Disney+ – would see a loss of more than $1 billion in Q3.

Profit and Loss 65

Profit and Loss Restructuring Entertainment Economics 65

PYMNTS

MAY 4, 2016

By and large, things are not great for retail (particularly of the brick-and-mortar variety). Indeed, it’s popular — dare we say, trendy, even — to postulate that retail as we know it is doomed. “Quarterly losses, schmorterly losses” seems to be the position of H&M. . You know it. We know it.

Retail 40

Retail Profit and Loss Restructuring eCommerce 40

PYMNTS

MAY 7, 2018

More retailers are adopting the view that closing stores isn’t a failure or a loss, but simply a pathway to greater success. This modest debt could, if necessary, be paid off with one year’s net profits, providing a very effective buffer against the likely interest rate rise in the coming years.

Retail 41

Retail Profit and Loss eCommerce Sales 41

PYMNTS

APRIL 30, 2018

It’s just not what people want anymore,” Bob Phibbs, CEO of New York consultancy The Retail Doctor, told The Washington Post. “If Bankruptcy protection will reportedly enable the company to close stores faster, breaking its losses and keeping operations running in the meantime. percent — the third straight quarter of positive growth.

Retail 40

Retail Profit and Loss Sales Planning 40

PYMNTS

MARCH 25, 2016

An inherent truth of the retail industry — that consumers, at the end of the day, wield the ultimate power in determining what products and companies succeed — can even be applied to entire business models. billion business worldwide as of last year.

Retail 45

Retail Profit and Loss Sales Education 45

PYMNTS

JULY 14, 2020

The firm’s retail-banking division registered a $176 million loss compared to a $4.2 billion profit during the same 2019 period. Offsetting the weak retail-banking performance, JPMorgan Chase’s corporate- and investment-banking unit experienced a 16 percent year-on-year revenue growth to $16.4 The bank reported an $8.4

Profit and Loss 63

Profit and Loss Banking Sales Retail 63

PYMNTS

JULY 14, 2020

All in, the bank reported a 51 percent earnings plunge, with profits falling to $4.7 Results also reflected new provisions for spiking credit losses and growing uncertainty over the nation’s path toward recovery during the second half. For example, its retail banking division posted a $176 million loss versus a $4.2

Profit and Loss 65

Profit and Loss Nonprofit Banking Economics 65

PYMNTS

APRIL 6, 2016

The news from the Bureau of Labor Statistics (BLS) last week that the retail industry added 48,000 new jobs in March — bringing the increase to 378,000 new jobs over the past 12 months — appears to be positive on a number of fronts. And while the number of retail jobs in the U.S.

Retail 40

Retail Manufacturing Profit and Loss Financial Analyst 40

PYMNTS

OCTOBER 15, 2018

It’s a tale of two malls: With closings of large anchor stores on the horizon, some mall owners would welcome the opportunity to find more profitable tenants. Other mall owners, however, find the loss of anchor stores to be a challenge. Another use for those spaces left vacant by retailers? New Uses for Mall Space.

Profit and Loss 71

Profit and Loss Entertainment Retail Numbers 71

PYMNTS

NOVEMBER 4, 2020

Are media buyers burning through budgets at the last minute just to preserve them for a better shot next year, or will the ad rebound collectively help recoup 2020 losses with holiday sales? did strong Q3 numbers, with PYMNTS reporting that “Alphabet said search and other advertising revenues rose 6 percent year over year to $26.3

Sales 70

Sales Advertising Profit and Loss Budgeting 70

PYMNTS

APRIL 13, 2018

Amid headlines that corporate banking helped boost Citigroup profits, the firm also reported strength in its mobile and online initiatives, as evidenced by growth in consumers using bits and bytes to bank, according to earnings materials from the company. On a profit level, the company said it earned $1.68, which bested the $1.61

Banking 52

Banking Profit and Loss Retail Numbers 52

PYMNTS

NOVEMBER 6, 2020

Pushed by all of that suddenly exploding demand, the real estate market (particularly the digital retail market) has been booming. reported its largest quarterly profit on record on Thursday (Nov. In fact, it was the company’s first quarterly profit at all in the last three years. Existing home sales were up 9.4

Profit and Loss 84

Profit and Loss Sales Numbers Investments 84