FOX Translator
No data currently available.
No data currently available.
Just as your pulse is checked during a routine physical, free cash flow is used as an indicator of a company's health. It equals the cash brought in from operations minus the money needed to pay the bills. Think about leftover money in your checking account after you pay this month's bills.
Investors and analysts see this leftover money as a gauge of a company's ability to perform. It is available for transactions such as handing out dividends and working on new products.
Some argue free cash flow is wrongly overshadowed by the emphasis often placed on earnings. Earnings numbers can be manipulated and don't always tell the whole story -- and earnings don't mean much if there's nothing left over after a company pays its expenses. Even if you bring in a six-figure salary, but no money left after paying the bills, are you in great financial shape?
You don't have to be Einstein to figure out free cash flow. To calculate the number, subtract the company's expenditures and dividends from its operating cash flow.
If the free cash flow is written in red ink, it doesn't necessarily signal curtains. This is common for young companies looking to grow. It also could be a result of heavy investments, which in the long run could be worth a standing ovation.
Home / Markets / Industries / Technology
Wednesday, August 06, 2008
FTD Named One of the Top 10 Hot 100 Retailers, According to the National Retail Federation's STORES Magazine
Comtex
DOWNERS GROVE, Ill., Aug 06, 2008 /PRNewswire-FirstCall via COMTEX/ ----FTD Group Inc. (NYSE: FTD), a leading floral and gift provider, today announced that it has been named one of the top 10 Hot 100 Retailers by the National Retail Federation's STORES Magazine. The 2008 Hot 100 Retailers list, to be released in the August issue of STORES magazine, highlights retail companies that reported the greatest year-over-year revenue percentage growth in 2007. All public companies with more than $100 million in sales were eligible for the list, which provides a definitive ranking of the nation's fastest-growing retailers. This is the third year for the Hot 100, which is sponsored by Alliance Data.
"Regardless of merchandise selection or customer base, the fastest-growing retailers know who they are and what their shoppers want," said Rick Gallagher, STORES Publisher. "Retailers of all sizes have something to learn from the ingenuity and perseverance of this year's Hot 100 Retailers."
"We are thrilled to be included among some of the top retailers in the country and look forward to another outstanding year for FTD," said Michael Soenen, FTD's Chairman, President and Chief Executive Officer.
As in previous years, many of the Hot 100 Retailers grew through acquisitions. FTD - FTD Group, Inc. (#10) grew 31.8% last year.
About FTD Group, Inc.: FTD Group, Inc. is a leading provider of floral products and services to consumers and retail florists, as well as other retail locations offering floral products, in the U.S., Canada, the U.K. and the Republic of Ireland. The business utilizes the highly recognized FTD and Interflora brands, both supported by the Mercury Man logo, which is displayed in approximately 45,000 floral shops worldwide. The consumer businesses operate primarily through the www.FTD.com Web site in the U.S. and Canada and the www.interflora.co.uk Web site in the U.K. and are complemented by the florist businesses, which provide products and services to the Company's independent members.
SOURCE FTD Group Inc.
http://www.FTD.com
Copyright (C) 2008 PR Newswire. All rights reserved ********************************************************************** As of Saturday, 08-02-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated an UPTREND on 01-30-2008 for FTD @ $11.96. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights reserved.
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
