Barry Ritholtz

APRIL 29, 2025

There aren’t many people who have this sort of perspective and perch to see the world of investing from both an institutional and insurance based perspective and a long, long-term retail investment perspective. We learned everything, you know, across from accounting to auditing to, to tax and valuation.

Concentration

Barry Ritholtz

JANUARY 27, 2025

And then MassMutual combined Barings investing with a number of other shops, including Babson, a very well regarded investing firm. You had a number of bankruptcies going on. And, and I’ve been proven that’s been proven to me a number of times through some mistakes, but I’ve have the scars to, to show it.

Mergers and Acquisitions (M&A)

Musings on Markets

MARCH 15, 2025

While the job losses varied across sectors, with job skills and unionization being determining factors, the top line numbers tell the story. The other number that I track is the equity risk premium , which at least in my telling, is a forward-looking number backed out of the market and the receptacle for the greed and fear in markets.

Investments

Barry Ritholtz

MAY 27, 2025

So, so those numbers are astonishing. I love retail. And there was a number that were actually in that business. You know, and, and, and so we expanded into a number of different other businesses. 00:38:56 [Speaker Changed] Much more aggressive numbers 00:38:57 [Speaker Changed] Six months after the Starbucks discussions.

Mergers and Acquisitions (M&A)

Musings on Markets

AUGUST 19, 2024

In fact, the business life cycle has become an integral part of the corporate finance, valuation and investing classes that I teach, and in many of the posts that I have written on this blog. In 2022, I decided that I had hit critical mass, in terms of corporate life cycle content, and that the material could be organized as a book.

Corporate Finance

PYMNTS

AUGUST 5, 2020

The Detroit-based company is expected to market a reduced number of shares at about $18 to $20 apiece, Bloomberg reported, citing sources. Rocket describes itself as the largest retail mortgage lender in the U.S. Last month, Gilbert sought an IPO for $3.3

Valuation

CFO News Room

NOVEMBER 16, 2022

In the second post, I pointed to inconsistencies in how accountants classify operating, capital and financing expenses , and the consequences for reported accounting numbers. As someone who has spent the last four decades talking, teaching and doing valuation that we have lost our way in valuation.

Marketing

PYMNTS

MARCH 1, 2020

So far, Accolade has raised over $230 million with a valuation of roughly $620 million, according to PitchBook. million members in such sectors as media, technology, financial services, transportation, energy, and retail. Accolade indicated that the number of shares being offered are not yet determined. 30, 2019. .

Valuation

Musings on Markets

NOVEMBER 15, 2022

In the second post, I pointed to inconsistencies in how accountants classify operating, capital and financing expenses , and the consequences for reported accounting numbers. Narrative and Value As someone who has spent the last four decades talking, teaching and doing valuation that we have lost our way in valuation.

Valuation

CFO News Room

DECEMBER 22, 2022

Starting in late January 2023, I will be back in the classroom, teaching valuation and corporate finance to the MBAs and valuation to the undergraduates, and these classes will continue through May 2023.

Marketing

PYMNTS

OCTOBER 11, 2020

8) that it had received $200 million in new capital from existing investors Valiant Peregrine Fund and D1 Capital Partners, boosting Instacart's valuation to $17.7 Instacart states in promotional materials that it has relationships with 500 retailers that have 40,000 locations in the United States and Canada.

Valuation

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. The firm cited Voya’s lower-risk business, ability to generate capital and valuation as pluses.

Entertainment

PYMNTS

DECEMBER 29, 2020

parent company of luxury online retailer Mytheresa , announced that it's filed a registration statement with the SEC for an initial public offering (IPO), according to a press release. The number of those shares to be offered is still up in the air, as is the price range, according to the release. MYT Netherlands Parent B.V.,

Retail

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. I agree, but I remain a believer that intrinsic valuation is the only tool that you have for assessing whether g.

Marketing

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

Musings on Markets

JANUARY 5, 2024

In January 1993, I was valuing a retail company, and I found myself wondering what a reasonable margin was for a firm operating in the retail business. In pursuit of an answer to that question, I used company-specific data from Value Line, one of the earliest entrants into the investment data business, to compute an industry average.

Valuation

Musings on Markets

OCTOBER 6, 2023

The resulting debate among accountants about how to bring intangibles on to the books has spilled over into valuation practice, and many appraisers and analysts are wrongly, in my view, letting the accounting debate affect how they value companies. So, how far has accounting come in bringing intangible assets on to balance sheets?

Valuation

PYMNTS

JANUARY 25, 2021

The former CFO of Zalando SE, one of Europe’s most successful eCommerce retailers, Kemper was instrumental in leading the company’s IPO in 2014 on the Frankfurt stock exchange. Its most recent valuation was $3.5 The mobile digital-only bank now has over 5 million customers, more than twice the number of users than it had in early 2019.

CFO

PYMNTS

DECEMBER 21, 2020

The round saw the company's valuation hit over $215 million. Retail Index showed that this accelerated the digital shift by five years, with eCommerce transactions for grocery orders alone hitting $5.9 Bolt also saw a tenfold increase in the size of its shopper network, along with 250,000 added shoppers to its network per month.

eCommerce

Musings on Markets

SEPTEMBER 19, 2023

The Instacart Business Model The Instacart business model extends online shopping, already common in other areas of retailing, into the grocery store space. In the second, I will examine the forces that are pushing consumers to online grocery shopping, and the ceiling for that growth is much lower than it is than in other areas of retailing.

Profit and Loss

PYMNTS

NOVEMBER 12, 2018

Refunds in the hundreds of millions might be in store for retailers with the ruling, the Financial Times reported. At the same time, the court turned down the leave to appeal to the Supreme Court for the Valuation Office Agency that brought forward the case. Still, the U.K. Still, the U.K. Consumers used their debit cards 13.2

Retail

PYMNTS

OCTOBER 8, 2020

The number of shares that will be offered and the price range have not been determined, the release stated. The company announced in July that it was considering an IPO , with a potential valuation of $10 billion through a deal with Goldman Sachs. The IPO will take place after the SEC review process is complete. It was valued at $2.9

Valuation

PYMNTS

DECEMBER 2, 2019

Shares in Future Retail rose 13 percent on Friday (November 29) after India’s antitrust body announced that it has approved a deal that would give Amazon a minority stake in the company. In August it was reported that the eCommerce giant was in discussions to acquire a stake in Future Retail. percent of Future Retail.

Retail

Musings on Markets

DECEMBER 21, 2022

Starting in late January 2023, I will be back in the classroom, teaching valuation and corporate finance to the MBAs and valuation to the undergraduates, and these classes will continue through May 2023.

Valuation

CFO News Room

NOVEMBER 11, 2022

That skewing can affect valuation and pricing judgments about these firms, and correcting accounting inconsistencies is a key step towards leveling the playing field. To the extent that these numbers are used in computing financial ratios, it will affect your measures of operating income and return on invested capital.

Accounting

PYMNTS

MARCH 27, 2020

Wall Street also loves numbers, and investors love numbers that publicly traded companies offer along key metrics, such as (and not limited to) revenues, margins, earnings and same-store sales. That may portend a bit of bumpiness for retailers like Target. Generally Right Or Precisely Wrong. But what comes next?

Retail

PYMNTS

SEPTEMBER 15, 2020

Sweden-based Klarna, which provides the ability to pay for consumer goods with installments at a number of retailers, has seen a boost during the pandemic. billion, a sizable increase from the company's last valuation of $5.5 The investment will value the company at $10.65 billion in 2019.

Valuation

Musings on Markets

OCTOBER 4, 2021

In this post, I will look at the levers that drive Paytm's value, and you can make your judgments on where you think this offering will lead in terms of valuation and pricing. In 2014, it introduced Paytm Wallet , a digital wallet that was accepted as a payment option by leading service providers and retailers.

Valuation

PYMNTS

FEBRUARY 19, 2018

This week’s B2B Data Digest pulls some of the highlights from that eBook and serves up the numbers behind the forecasts. — $20 trillion: the expected valuation of the B2B payments market. trillion: the current valuation of the U.S.

Numbers

PYMNTS

AUGUST 12, 2020

That implies that the public valuation of BigCommerce is quite a bit more than the offer from the private markets. In just a few examples: More than 42 percent of consumers surveyed are engaging in retail shopping via the web as of the end of May, up markedly from the 12.3 percent seen in March.

eCommerce

Musings on Markets

SEPTEMBER 1, 2021

Staying in the online retail space, I look at JD.com, which operates more as a retailer, selling goods and services through its platforms. Tencent in the gaming business, Alibaba and JD.com, with retailing, and Didi, with logistics, are all disruptors of the status quo, in the businesses that they operate in.

Valuation

PYMNTS

SEPTEMBER 16, 2020

Sources told the news service the Bengaluru-based online retailer will aim for a valuation of between $45 billion and $50 billion. If the company gets a valuation in that range, Walmart would have more than doubled its investment. India’s Flipkart Group , the eCommerce firm owned largely by Walmart Inc.,

Valuation

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. It could be looking for a $6 billion valuation. .

Profit and Loss

PYMNTS

APRIL 2, 2020

Big Data analytics reached a market valuation of $29.87 This episode underscores that data for targeted customer offerings can come from anywhere and is not necessarily the result of meticulous number crunching. When number crunching is needed, however, data analytics can help. billion in 2019 and is projected to total $62.1

Banking

PYMNTS

MAY 13, 2019

With Uber and Lyft IPOs now solidly in the rearview mirror, the question for many watching the market is what’s next – and what will the the next round of innovations in retail and payments look like? Data: $82 million: Uber’s pre-IPO valuation. million: Number of unbanked U.S. Data: $82 million: Uber’s pre-IPO valuation.

Valuation

PYMNTS

JUNE 14, 2020

Last week, PYMNTS reported Instacart raised $225 million in new funding, bringing its valuation to $13.7 The company has doubled the number of customers and now offers services to more than 500,000 people who want groceries delivered to their door.

eCommerce

PYMNTS

FEBRUARY 19, 2018

100+ | Number of unattended, self-service vending machines — known as DMV Now Self-Service Terminals and deployed by the State of California’s DMV — that allow customers to handle their vehicle registration renewals without having to wait in long lines or speak with a department employee. presidential election, according to Friday (Feb.

Invoicing