article thumbnail

How to Calculate Your Profitability: A Case Study

CFO Simplified

As Iowa State University reminds us, “profitability is the primary goal of all business ventures.”. Business leadership is often responsible for measuring current, past, and future profitability. But what is profitability? This CFO Simplified client watched profitability slowly disappear—until they incurred a $125,000 loss.

article thumbnail

Starbucks, Twilio, Carvana, DoorDash and more

CFO News Room

Check out the companies making the biggest moves midday: Starbucks — The Seattle-based coffee company jumped nearly 9% after reporting quarterly profit and revenue that topped expectations. Net sales rose 3.35 billion and Global same-store sales rose 7%. However, its quarterly loss was still larger than anticipated.

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

Sneaker Sales Propel 3Q Surge In Under Armour Earnings

PYMNTS

Sportswear giant Under Armour reported a third-quarter profit of $38.9 The Baltimore-based chain also announced the sale of its MyFitnessPal workout platform to private-equity firm Francisco Partners. The brand is also making moves to reel-in the number of brick-and-mortar locations that carry the Under Armour line. .

Sales 87
article thumbnail

Retail Lobby: “We Lied About Organized Theft”

Barry Ritholtz

billion in retail inventory losses in 2021 was not “attributable to organized retail crime.” retailers retracted its claim that “organized retail crime” accounted for nearly half of all inventory losses in 2021 after finding that incorrect data was used for its analysis.” No, “ nearly half ” of $94.5

Retail 141
article thumbnail

World Wrestling Entertainment, Bed Bath & Beyond, Tesla, Costco

CFO News Room

Bed Bath & Beyond — The retailer dropped 12.4%, building on the sharp losses seen Thursday, after management said the company is low on cash and considering bankruptcy. Silvergate Capital – The crypto-focused bank added to its Thursday losses following a downgrade from JPMorgan to neutral from overweight.

article thumbnail

JD.com’s Sales Growth Offset By Revenue Losses

PYMNTS

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
article thumbnail

Q3 Ad-Buying Rebound Bodes Well For Holiday Sales

PYMNTS

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