For the quarter ended June 2026, Shopify (SHOP) reported revenue of $3.58 billion, up 33.7% over the same period last year. EPS came in at $0.42, compared to $0.35 in the year-ago quarter.
Fashion chain New Look has appointed a new boss as it revealed its earnings were buoyed by having fewer discounts and tighter control over costs, while its loyalty programme topped a million members.
The head of the US accounting rulewriter wants to reexamine how companies report the cash they generate and spend as such transactions get more complex. Investors rely on cash flow details to analyze a business’s liquidity and spot red flags like high cash burn rates. But financial reports may not…
