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CFOs On the Move: Week Ending June 2
Pinterest, TransDigm Group, United Airlines, Organic Valley, Nestle, Unilever, Prudential, Alltrust Credit Union
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CFO Editorial Staff
| June 2, 2023
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CFOs On the Move: Week Ending June 2
Pinterest, TransDigm Group, United Airlines, Organic Valley, Nestle, Unilever, Prudential, Alltrust Credit Union
By
CFO Editorial Staff
| June 2, 2023
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The Economy
Do Tariffs Really Raise Prices?
The effects of supply and demand dictate that in many cases, tariffs actually result in lower prices for consumers.
By
David McCann
| June 18, 2019
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Financial Performance
Walmart Gets Big Sales Boost From E-Commerce
"Walmart is now a major competitive force in e-commerce and is capable of capturing shopper share from Amazon and others.”
By
Matthew Heller
| May 16, 2019
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Technology
Ford, Walmart Unveil AV Grocery Delivery Project
The collaboration could boost Ford's efforts to develop commercial uses for self-driving technology.
By
Matthew Heller
| November 14, 2018
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Regulation
Walmart Files Suit Against Synchrony Financial
The retail giant is seeking $800 million in damages from its former private-label credit card partner.
By
William Sprouse
| November 5, 2018
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Financial Performance
Walmart Shares Jump 9% on ‘Banner’ Quarter
U.S. same-store sales rose 4.5% — the best growth in more than a decade — amid a particularly strong performance in Walmart's grocery business.
By
Matthew Heller
| August 16, 2018
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Leadership
Walmart CEO’s Pay Rises 2% to $22.8 Million
Doug McMillon outearned the typical Walmart employee by a ratio of 1,888 to 1 in 2017, the company discloses.
By
Matthew Heller
| April 20, 2018
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Financial Performance
Dollar Tree Shares Drop 16% on Earnings Miss
The rough holiday quarter for discount chains continues as Dollar Tree's margins were pressured by rising labor and freight costs.
By
Matthew Heller
| March 7, 2018
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Financial Performance
Walmart Online Sales Growth Slows to 23%
The company cited "operational challenges" in fulfilling orders but the slowdown "reflects a broader challenge at Walmart" as it plays catch-up with Amazon.
By
Matthew Heller
| February 20, 2018
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Strategy
Toys R Us Plans Closures of up to 182 Stores
The retailer says the closures are a "critical component" of its business plan as it seeks to emerge from bankruptcy.
By
Matthew Heller
| January 24, 2018
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Financial Performance
Wal-Mart Heads Into Holidays on Sales Surge
Grocery categories delivered the strongest quarterly performance in nearly six years and e-commerce grew 50% in the third quarter.
By
Matthew Heller
| November 17, 2017
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Strategy
E-Commerce to Power Walmart Sales in 2019
"No doubt we are in a transformational period of history. Our future is looking more digital," says CEO Doug McMillon.
By
Matthew Heller
| October 10, 2017
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Financial Performance
Walmart’s E-Commerce Sales Jump 60% in Q2
The retail giant has made aggressive moves to compete with Amazon and now offers online grocery in more than 900 U.S. locations.
By
Matthew Heller
| August 18, 2017
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Recruiting
J.C. Penney Names New CFO
The hiring of Jeffrey Davis, former finance chief at Darden Restaurants, comes in the wake of Edward Record's resignation earlier this month.
By
Vincent Ryan
| July 25, 2017
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Strategy
Costco Hikes Fees by $5 as Q2 Earnings Miss
CFO Richard Galanti says the competitive challenges Costco is facing from Sam's Club and Target are “formidable.”
By
Matthew Heller
| March 6, 2017
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Financial Performance
Walmart’s Online Sales Increase 29% in Q4
Comp sales were up at all Walmart's retail formats though analysts are wondering when sales growth will translate into earnings growth.
By
Matthew Heller
| February 23, 2017
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