CFO News Room

NOVEMBER 5, 2022

in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that topped Wall Street forecasts. Starbucks said its investments in new equipment and higher wages for workers are paying off. in premarket action after a weaker-than-expected sales forecast. Starbucks (SBUX) – Starbucks shares rose 4.6%

Profit and Loss 130

Profit and Loss Forecasting Economics Sales 130

PYMNTS

DECEMBER 18, 2019

Retail analysts expect this year’s Super Saturday to surpass all other days in 2019. The president at retail consultancy Customer Growth Partners, Craig Johnson, said he expects that day to see spending of around $34 billion this year. .

Sales 52

Sales Retail Forecasting Numbers 52

PYMNTS

JANUARY 30, 2020

As investors monitor the impact of Amazon ’s one-day delivery investments on profit, the eCommerce retailer is set to report its Q4 earnings. The eCommerce retailer said in its last earnings report it would spend $1.5 Amazon, for its part, is forecast to post a decline in Q4 profit from $6.04 billion to $86 billion.

Investments 70

Investments eCommerce Forecasting Retail 70

PYMNTS

JANUARY 24, 2019

Before consumers started to trade brick-and-mortar shopping experiences for eCommerce websites, retailers could bring customers through their doors with window displays. According to the PYMNTS Virtual Reality In Retail Report , there are expected to be 100 million AR/VR headset users by 2022.

Retail 81

Retail eCommerce Technology Forecasting 81

CFO News Room

NOVEMBER 22, 2022

Abercrombie & Fitch – Shares of the retail stock jumped 19% after the apparel retailer beat Wall Street’s revenue forecasts for the third quarter and posted unexpected quarterly profit. related investing news. Dick’s raised its full-year financial forecast as well.

Profit and Loss 130

Profit and Loss Forecasting Entertainment Retail 130

PYMNTS

OCTOBER 15, 2018

A new study is predicting that Internet of Things (IoT) technologies will see a major boost in investment over the next five years, mostly due to projects in inventory and supply chain management. billion by 2023 — making up more than a quarter of the total investment for that year. billion in 2017. billion by 2023.

Investments 68

Investments Forecasting Securities Retail 68

Barry Ritholtz

FEBRUARY 15, 2023

My mid-week morning train WFH reads: • All Markets Are Uncertain : The Forecasters’ Hall of Fame Has Zero Members: In any given year, someone, simply due volume of forecasts, is “right”. I have yet to see anyone who can repeatedly, accurately forecast market outcomes. There is no one to induct. ( What happened? (

Forecasting 111

Forecasting Advertising Investments Startups 111

CFO News Room

FEBRUARY 3, 2022

The Tesla dealership in Eatonville, Florida is seen on March 1, 2019, the day after Tesla announced that it was closing its retail stores as a cost-cutting measure, in a shift to on-line only sales. The company’s gross margin forecast or 52% in the first quarter missed estimates of almost 53%. Revenue beat expectations as well.

Forecasting 130

Forecasting Retail Sales Marketing 130

PYMNTS

MAY 19, 2020

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

DECEMBER 4, 2020

Discount retailer Big Lots reported a third-quarter profit of $29.9 billion in revenue, surpassing Wall Street’s forecasts. The Columbus, Ohio-based chain has beat revenue forecasts three times over the last four quarters. The average revenue estimate of six analysts surveyed by Zacks Investment Research was $1.38

Forecasting 56

Forecasting eCommerce Retail Sales 56

CFO News Room

DECEMBER 4, 2022

Economists forecast the unemployment rate was steady at 3.7%, and average wage growth slowed to 0.3% Retail is typically a bright spot in November, but Swonk said there are signs the industry is not ramping up as much as it normally might this holiday season. month-over-month, from 0.4% in October. ” Tech labor weakness. .

Forecasting 130

Forecasting Construction Retail Numbers 130

CFO News Room

JANUARY 21, 2023

While Netflix missed earnings expectations, it added more subscribers than analysts were forecasting. related investing news Alphabet — The Google parent saw shares rise 3.6% Nordstrom — Shares of the retailer fell 7% in premarket trading after Nordstrom announced that its holiday sales fell 3.5% year over year.

Pharmaceutical 130

Pharmaceutical Forecasting Sales Retail 130

CFO News Room

NOVEMBER 18, 2022

The company was also named by Credit Suisse as its top pick in the off-price retail sector. related investing news. The retail earnings meltdown may be suspended for the holidays. Foot Locker — Shares jumped 7% after Foot Locker reported surpassed expectations in its latest quarterly report and raised its full-year forecast.

Retail 130

Retail Forecasting Investments Planning 130

PYMNTS

NOVEMBER 1, 2019

A new report by Moody’s Investors Service predicts that growth for retailers will slow due to the costs of integrating eCommerce with brick-and-mortar operations as well as increasing price wars between companies, according to a report by CNBC. The company slashed the operating profit forecast for 2019 to between 2 percent and 3 percent.

Forecasting 40

Forecasting Retail eCommerce Sales 40

PYMNTS

SEPTEMBER 15, 2020

China saw retail sales increase last month for the first time since the COVID-19 outbreak, another sign of the country’s wider recovery. The latest numbers were a surprise as economists had predicted retail sales would be flat. The latest numbers were a surprise as economists had predicted retail sales would be flat.

Sales 64

Sales Retail Economics Forecasting 64

PYMNTS

NOVEMBER 27, 2018

More than 165 million Americans shopped online or in stores during the period from Thanksgiving through Cyber Monday , surpassing the 164 million estimate the National Retail Federation (NRF) provided before the shopping event. This year’s research clearly shows that the investments made by retailers are paying off in a big way.

Forecasting 59

Forecasting Retail Leverage Investments 59

PYMNTS

SEPTEMBER 16, 2016

ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Non-store eCommerce sales for the three-month period June to August showed an increase of almost 12 percent compared to the previous year, according to the Monthly Retail Trade Report.

eCommerce 62

eCommerce Retail Forecasting Sales 62

CFO News Room

DECEMBER 7, 2022

related investing news. Stitch Fix also trimmed its full-year forecast. Campbell Soup — Shares rose more than 5% after Campbell Soup topped forecasts on the top and bottom lines in its latest earnings report. The home improvement retailer is hosting its annual analyst and investor conference on Wednesday.

Entertainment 130

Entertainment Forecasting Sales Marketing 130

PYMNTS

DECEMBER 16, 2020

Consignment-to-retail used vehicle marketplace CarLotz, Inc. million, while retail gross profit per unit spiked 71 percent from $1,276 in the prior year period to $2,181, according to the announcement. The firm is increasing its Q4 forecast for revenue, contribution margin and gross profit. said on Wednesday (Dec.

Forecasting 83

Forecasting Retail Sales Investments 83

PYMNTS

JULY 17, 2020

retail and economic recovery is still facing serious headwinds. retail sales, which exceeded forecasts in June. Retail spending increased 7.5 What was not clear was the effect stimulus funds made on retail spend. But the May and June spikes returned retail sales levels to pre-pandemic numbers. percent hit.

Retail 63

Retail Treasury Numbers Economics 63

PYMNTS

JANUARY 25, 2021

Ten years later, their latest venture – a line of healthy, egg white-based chips called Quevos – just secured a roughly $400,000 investment on the ABC TV reality show “ Shark Tank ” from Daniel Lubetzky, who invented Kind Bars. “I five-package “Shark Tank Intro Pack,” while the chips retail in stores for about $2.49 A Five-Year Plan

Startups 116

Startups Investments Retail Forecasting 116

Centage

SEPTEMBER 13, 2022

During turbulent times, your business can forecast and do scenario planning for the future with our forecasting and scenario planning tools at Centage. What Is Financial Forecasting? It is important to keep a forecast up to date as forecasting further out increases the chance of inaccuracies.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

PYMNTS

NOVEMBER 9, 2020

The mall and outlet center real estate investment trust managed to post a profit despite a 91 percent occupancy rate and collecting on only 85 percent of its rents. Analysts had forecast earnings per share of 90 cents and sales of $1.08 It saw revenues of $1.06 billion, versus 2019’s $1.42

Retail 67

Retail Sales Forecasting Investments 67

PYMNTS

JANUARY 28, 2021

Neiman Marcus Group (NMG) is making investments in its supply chain, technology, merchandising and personnel, which it says will transform the shopper experience at Bergdorf Goodman and Neiman Marcus, according to an announcement. NMG is investing $85 million gross in its supply chain, particularly systems and fulfillment hubs.

Investments 56

Investments Forecasting Retail Technology 56

PYMNTS

OCTOBER 12, 2020

In a time of increasing change for retailers and consumers, the current global climate has begun accelerating the future of retail trends at a much quicker pace than previously envisioned. Mao said forecasts predict that digital gift card volume in the U.S. Capturing the New Customer. She said about 61 percent of U.S.

Retail 126

Retail Budgeting Forecasting Currencies 126

PYMNTS

OCTOBER 23, 2020

The firm especially saw gains in non-travel and expense card-not-present activity related to categories such as retail. CNP And Retail Spend . In terms of industry spend, retail spending made up 36 percent of Q3’s total (up 3 percent year on year), but retail offline spend was down 10 percent. billion from a year ago.

Retail 70

Retail CFO B2B Forecasting 70

CFO News Room

DECEMBER 9, 2022

related investing news. after giving an upbeat revenue forecast and reporting better-than-expected quarterly results after the bell Thursday. However, the retailer also said it expected business trends to deteriorate. after activist investor Dan Loeb boosted his stake in the retailer. Broadcom — Broadcom gained 3.1%

Restructuring 130

Restructuring Forecasting Retail Economics 130

CFO News Room

DECEMBER 14, 2022

Charter Communications — Charter Communications dropped more than 13% after CEO Thomas Rutledge said at an investor event the company will invest $5.5 Delta forecast a revenue jump of between 15% and 20% in 2023. Best Buy — The electronics retailer shed 2.5% billion over three years to upgrade its high-speed internet network.

Communication 130

Communication Technology Entertainment Education 130

PYMNTS

OCTOBER 2, 2020

For the chief financial officers (CFOs) and treasurers of retailers working to meet the new face of customer demand, understanding how to ensure online shoppers have a positive payments experience while ensuring their own organizations preserve margins can be a tricky balance to strike.

Retail 73

Retail Investments Forecasting Marketing 73

PYMNTS

MAY 13, 2019

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. That smaller size opens up whole new markets, and gains access to spaces that have never had a retail experience [as] a part of it.”.

Retail 71

Retail Marketing Communication Technology 71

PYMNTS

FEBRUARY 11, 2020

Analysts had forecast $1.47 We view LULU growth, durability and ROIC [return on invested capital] profile as most similar to NKE.”. Its new streetwear-inspired Lab line, as well as new self-care and footwear lines, are forecast to bring in new shoppers. Under Armour reported revenue of $1.44

Forecasting 52

Forecasting Sales Investments Marketing 52

PYMNTS

FEBRUARY 13, 2020

Analysts had forecasted 159.7 Mobile monthly active users on the Chinese retail marketplace totaled 824 million, which was 39 percent higher than the prior year, while annual active consumers clocked in at 711 million. The Chinese online shopping company had revenue of $23.19 billion or 161.45 31, which was higher than 117.28

Sales 60

Sales Retail Forecasting Investments 60

Future CFO

DECEMBER 11, 2023

The CFO role has been seeing shifts in the retail industry recently, as the position is seemingly no longer tied to the finance function per se, according to Ernst & Young. Acing the technology revolution One of the key takeaways from the discussion was the integral role of technology in modern retail operations.

CFO 52

CFO Retail Technology Forecasting 52

CFO News Room

FEBRUARY 4, 2022

Eli Lilly reported quarterly profit and revenue that beat forecasts. Some of those that held up best strayed from their traditional investing grounds, or concentrated on the shortest maturities. . Keybanc cut its price target for the Twitter shares to $40 from $70. ConocoPhillips reported a $2.6 billion profit in the recent quarter.

Profit and Loss 130

Profit and Loss Marketing Concentration Forecasting 130

PYMNTS

DECEMBER 14, 2018

retailers are warning of a bad holiday shopping season. Mike Ashley, head of the Sports Direct chain, warned that the situation is dire, with lackluster sales unexpected for many retailers. He said the environment is very bad for retailers and that it “will literally smash them to pieces.”

Retail 53

Retail Budgeting Forecasting Sales 53

PYMNTS

NOVEMBER 16, 2018

The retailer also offers a Shop The Look service in the store that allows customers to scan a quick-response (QR) code to find out the size and available colors of the items displayed on a mannequin. In Other Brick-And-Mortar Retail. percent growth that was forecasted. The retailer’s comparable sales slid by 5.4

Retail 60

Retail Concentration Forecasting Technology 60

PYMNTS

NOVEMBER 15, 2018

Basket sizes were also reported as gaining in size, though currency headwinds took their toll in light of recent overseas investments by the retail giant, meaning revenue came in south of analyst estimates. “We Same-store sales, the most-watched metric in retail, were up again by 3.4 percent analysts were forecasting.

Forecasting 46

Forecasting Currencies eCommerce Economics 46