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Weak retail sales, manufacturing signal cooling economy

CFO Dive

The Fed’s fight against inflation, while showing some recent signs of success, may dim prospects for economic growth

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Small businesses foresee ‘dismal’ sales: NFIB

CFO Dive

Inflation, a tight labor market and disrupted supply chains have jarred small business confidence in future sales growth

Sales 212
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Your Song (Is For Sale)

Corporate Finance

And although we agree that this is a tidy sum, it is still smaller than the $500 million that Bruce Springsteen or $300 million that Bob Dylan received last year for similar sales. Any stream of cash flows can potentially be sold for the present value of its cash flows.

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Subway Sale Tests LBO Market

Global Finance

A Subway sale would be the biggest restaurant M&A deal since Inspire Brands bought Dunkin’ for $11.3 billion in 2020

Finance 67
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Home Sales Slow

CFO News Room

Sales of new single-family homes tumbled to a two-year low in April as higher mortgage rates and record prices squeezed first-time buyers out of the housing market. New home sales plunged 16.6% Sales dropped 5.9%

Sales 130
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Holiday clues appear in October retail sales

CFO Dive

Consumers will be relying on credit cards, their savings and heavy discounts in what is shaping up to be an uncertain season for retailers

Sales 130
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Existing Home Sales Fall Again

CFO News Room

Sales of existing homes sank another 1.5 Excluding the lockdown recession, sales are at their lowest since September 2012. Sales were down 23.8 Sales in the market for existing single-family homes, which account for about 90 percent of total existing-home sales, dropped 0.9

Sales 130
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How CFOs can supercharge their organization's sales forecasting

CFO Dive

Virtual processes are faster, more granular in detail and provide a fresh sales forecast in a clean, concise dashboard each morning

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The future of medtech sales is hybrid

McKinsey Public & Social Sector Insights

Top-performing medtech companies are using hybrid or end-to-end remote sales motions to better meet the needs of healthcare personnel and other stakeholders. Growth, Marketing & Sales Insights B-to-B Multichannel Sales

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Retail Sales Decline in May

CFO News Room

Retail sales and food-services spending fell 0.3 From a year ago, retail sales are up 8.1 Total nominal retail sales remain well above the pre-pandemic trend (see first chart). In real terms, total retail sales were down 1.2 Food and beverage store sales were up 1.2

Sales 130
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Spending More, Getting Less as Inflation Outpaces Retail Sales

CFO News Room

The Commerce Department on Thursday said that retail sales rose a seasonally adjusted 0.5% gain that economists polled by The Wall Street Journal were looking for, but there were also revisions to the previous two months that brought the level of retail sales in February 0.7% Higher prices can make people think twice before buying. Especially when it comes to things they don’t want as much as they used to.

Sales 100
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Future of B2B sales: The big reframe

McKinsey Public & Social Sector Insights

The new era of B2B sales is upon us and sales leaders are quickly making moves to adapt. Growth, Marketing & Sales Insights Marketing & SalesWe spoke with 50 global leaders to learn their game plan—and this is what we heard.

Sales 67
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Adapting Your Sales Approach in a Downturn

CFO News Room

In this piece, the author offers three strategies to help your sales organization succeed during a downturn: 1) Involve executives earlier in the sales process. 2) Break out of price-driven sales cycles. 3) Refocus sales managers on planning, not selling.

Sales 130
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Dick’s Sporting Goods Cuts Earnings Guidance as Sales Drop

CFO News Room

Dick’s Sporting Goods cut its earnings outlook for the year after posting a decline in first-quarter sales, the latest retailer projecting struggles as inflation pinches consumer wallets. in the quarter while overall sales fell 7.5%

Sales 130
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Govt invites EoI for strategic sale of Ferro Scrap Nigam

CFO News Room

Markets News Ferro Scrap Nigam Ferro Scrap Nigam sale sale of Ferro Scrap NigamThe government has invited expressions of interest (EoIs) to divest its 100% stake in Ferro Scrap Nigam (FSNL) along with management control.

Sales 130
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Nvidia Posts Record Sales, Warns of Russia, China Hit

CFO News Room

Graphics-chip maker Nvidia gave a muted sales outlook, citing supply-chain disruptions in China and reduced business in Russia, as it posted record sales for the most recent quarter. Nvidia said sales in the current quarter are likely to come in at $8.1

Sales 130
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Sales rising but more companies expect falling profits: NABE

CFO Dive

A steady increase in profits may falter at some companies this quarter in the face of shortages caused by the omicron variant of COVID-19

Sales 192
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Lowe’s First-Quarter Sales Drop After Unseasonably Cold April

CFO News Room

Lowe’s posted a drop in first-quarter sales, citing cooler weather that delayed some home projects, a day after rival Home Depot Inc. said sales rose in the same conditions. Lowe’s said comparable sales, which strips out effects of store openings and closings, fell 4% in the period.

Sales 130
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Goodyear Posts Higher Sales, Despite Jump in Costs

CFO News Room

sales rose in the first quarter as the tire maker’s price increases have outpaced surging costs. Goodyear Tire & Rubber Co.

Sales 130
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12 sales trends: Cultivating a more adaptable and integrated sales organization

Jedox Finance

These 12 sales trends serve as a roadmap for sales leaders looking to cultivate a more adaptable and integrated organization that evolves with today’s sophisticated buyers. Sales and marketing partnership. Sales and marketing partnership.

Finance 83
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The future of medtech sales is hybrid

McKinsey Public & Social Sector Insights

Top-performing medtech companies are using hybrid or end-to-end remote sales motions to better meet the needs of healthcare personnel and other stakeholders. Growth, Marketing & Sales Insights B-to-B Multichannel Sales

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Peloton Shares Slide as Losses Mount, Sales Slow

CFO News Room

Peloton Interactive reported falling quarterly sales and mounting losses and said it recently secured $750 million in financing to help support its turnaround bid. Updated May. 10, 2022 8:11 am ET.

Sales 130
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CVS Sales Up 11%, Lifted by Covid-19 Demand

CFO News Room

first-quarter sales rose more than 11% as the pharmacy chain continued to benefit from administering Covid-19 vaccines and selling at-home tests. The company’s same-store sales, which include stores open at least 12 months plus digital channels, grew by 10.7% CVS Health Corp.

Sales 130
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The latest on sales planning practices

Anaplan

Sales Management Association (SMA) survey reveals importance of sales planning but few excel. Sales & Marketing sales Sales Planning sales strategy

Sales 52
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Nike Sales Rise as It Navigates Supply-Chain Snarls

CFO News Room

sales grew in the latest period as the sneaker giant benefited from gains in its digital business while navigating supply-chain snarls and its suppliers in Asia recovering from Covid-19-related hits on production. Nike Inc.

Sales 130
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Building next-generation B2B sales capabilities

McKinsey

Marketing & Sales Insights B-to-B Digital marketing MultichannelThe pandemic has converted B2B buyers to e-commerce in a big way. B2B sellers need new capabilities to meet their new expectations.

Sales 97
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IRS Investigating American Express Sales Pitches

CFO News Room

The Internal Revenue Service is investigating American Express Co. over a questionable tax break that it pitched to clients, according to people familiar with the matter. The civil investigation has been under way for a few months, these people said. The Wall Street Journal reported in November that AmEx salespeople touted a tax break based on a shaky interpretation of tax law. The pitch was part of a strategy to persuade business owners to sign up for costly payment services. Source link.

Sales 100
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Your Song (Is For Sale)

Essentials of Corporate Finance

And although we agree that this is a tidy sum, it is still smaller than the $500 million that Bruce Springsteen or $300 million that Bob Dylan received last year for similar sales. Any stream of cash flows can potentially be sold for the present value of its cash flows.

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Innoterrra and Konkan mango growers launch ‘Ekyaam’ for Alphonso sale

CFO News Room

It helps in the sale of quality assured traceable farm produce through its network in India, the Middle East and South-East Asia. Markets News Alphonso sale Ekyaam Innoterrra Konkan mango growers

Sales 130
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Preventing corporate documents from sinking your subsidiary sale

CFO Dive

Waiting until you put an entity up for sale to evaluate how complete and organized its ownership documents are can bring down the purchase price, delay closing and kill the deal in some cases

Sales 130
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Merck, Eli Lilly Covid-19 Treatments Power Quarterly Sales Gains

CFO News Room

Merck’s newly authorized molnupiravir treatment logged sales of $952 million in the fourth quarter, the first period when the drug contributed revenue. Meanwhile, sales of Covid-19 antibodies for Lilly grew by 22% year over year to $1.06 to $7.27, based on anticipated sales of $56.1

Sales 130
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Real Retail Sales Are Trending Flat

CFO News Room

Retail sales and food-services spending rose 0.5 However, today’s retail sales data are not adjusted for price changes. In real terms, total retail sales were down 0.7 Still, total retail sales are up 6.9 percent from a year ago while real retail sales are down 1.5

Sales 130
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Stop Losing Sales to Customer Indecision

CFO News Room

million recorded sales conversations — spanning both transactional and complex sales — we found that anywhere between 40% and 60% of deals today end up lost to customers who express their intent to purchase, but ultimately fail to act.

Sales 130
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Sales Management Association report: Sales planning practices

Anaplan

Make sure you catch all your revenue opportunities. With fast, efficient, and accurate planning, you can improve performance and reach growth goals. The research shows it. Read the SMA report […]. Research Report

Sales 52
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Sales Tax for CBD

CFO Share

Since the 2018 South Dakota vs Wayfair, Inc ruling, the tax code declares that sales tax needs to be collected by the retailer if they are selling to another state, regardless of physical presence. What is the sales tax on CBD? The post Sales Tax for CBD appeared first on CFOShare.

Sales 52