Canada's Beloved Discount Retailer Embraces Change
Giant Tiger, Canada’s long‑standing discount retailer, announced a full‑scale migration of its finance, HR and procurement functions to Workday. The move replaces a decades‑old inventory system that handled stock well but fell short on financial reporting, payroll and workforce management for its 9,000‑plus employees across 263 primarily franchised stores. The company highlighted the operational risks of such a cut‑over, noting that any disruption to supplier payments could jeopardize business continuity. Partnering with Deloitte from the outset, Giant Tiger executed a massive data conversion, enabling a seamless switch‑over that allowed daily sales processing, supplier payments and the first month‑end close to proceed without interruption. Kevin Little, associate vice‑president of finance, described the previous paper‑heavy procure‑to‑pay workflow—signatures, manual entry, filing, and decades‑long storage—as “over.” The new digital system not only eliminates that bureaucracy but also provides real‑time self‑service tools for franchise owners and corporate cost‑center managers, enhancing transparency and speed. The transformation positions Giant Tiger to scale efficiently, improve cash‑flow visibility, and empower its franchise network with modern tools, aligning the retailer with broader digital‑first trends in the discount sector.
Q&A with Water Intelligence
Water Intelligence reported a solid Q1, with revenue climbing 9% to $23.2 million and a new CFO, Mike Molton, joining the leadership team. The call highlighted the company’s dual‑track growth engine: expanding business‑to‑business channels—especially insurance and property‑management partners—and a 38%...
Week Ahead: Walmart, Home Depot, Deere | Stock Movers
The Bloomberg Stock Movers roundup previewed three heavyweight earnings reports slated for the week of May 19‑21: Walmart (WMT), Home Depot (HD) and John Deere (DE). Each company’s filing is positioned as a bellwether for distinct segments of the U.S....
CFOs Have to Stay in the Spreadsheets
The video features a senior finance leader stressing that modern CFOs must remain hands‑on with spreadsheets, using them to bridge the gap between high‑level strategy and operational detail. He describes a culture where leaders can zoom from a 3,000‑foot overview...
Figma’s CFO on Going Public, AI, and Working Alongside Dylan Field | Praveer Melwani
In this interview, Figma’s chief financial officer discusses his unconventional rise from an early‑stage finance hire to the CFO of a public company, highlighting the role of timing, supportive leadership from founder Dylan Field, and a willingness to learn on...
Finance at the Heart of Formula One
The video features the Chief Financial Officer of a Formula One team outlining the scope of his role – from P&L and balance‑sheet stewardship to risk management and shareholder relations – and the three pillars guiding the finance function: business partnering,...
Greg Abel on Succession Plans for Ajit Jain and Himself
Greg Abel addressed questions about succession for Ajit Jain and himself, outlining Berkshire Hathaway’s approach to preserving its insurance franchise. He said the board treats succession as a serious, ongoing matter, with formal plans for both Jain and Abel. After Warren...
Meta Shares Plunge as AI Investments Raise Spending Outlook
Meta’s stock tumbled after the company disclosed a roughly $10 billion increase in capital‑expenditure, largely earmarked for artificial‑intelligence projects. The guidance for second‑quarter revenue was in line with Wall Street forecasts, but the combination of higher spending and modest top‑line growth...
OpenAI Pushes Back on Report that Company Missed Revenue Targets
The Wall Street Journal reported that OpenAI missed its internal revenue and user‑growth targets, sparking speculation about the company’s financial health and upcoming IPO. OpenAI’s leadership, represented by CEO Sam Altman and CFO Sarah Friar, dismissed the story as “ridiculous,” stressing...
TSMC Earnings, Cerebras S1, Custom Semi Rumors, Apple CEO Change
The episode opens with Ben Bajarin and Jay Goldberg dissecting TSMC’s latest earnings release. The Taiwanese foundry posted revenue and margin beats for the March quarter, lifted its capital‑expenditure outlook, and announced a second N3 fab in Tainan and a...
Interview, CEO Adam Holland & CFO Will Wilkins of Mpac
EMPAC’s CEO Adam Holland and CFO Will Wilkins discussed the company’s FY2025 performance and the outlook for 2026 amid lingering trade tariffs and the Middle‑East conflict. The interview highlighted a record year with revenue up 42% to $174 million and PBT...
Hybrid Drones CFO Provides an Insight Into How Funds Being Invested by S-Ventures Will Be Deployed
Hybrid Drones' CFO outlined a £1 million raise to bridge the final R&D phase and launch commercial operations for the Hydra 400 hybrid drone. The capital will cover remaining tests, certification, and early production, with a larger round planned once risk is...
S-Ventures Fundraise UK: HydraDrones; Defence Tech with £100m Revenue Plan by 2030
S Ventures announced a new equity raise to fund Hydra Drones, a UK‑based developer of ultra‑heavy lift hybrid UAVs. The company, founded in 2019, is preparing to launch its third‑generation Hydra 400, capable of carrying 400 kg in a compact, transportable frame, and...
A Conversation with Energy Transfer's Dylan Bramhall
The video features Energy Transfer CFO Dylan Bramhall discussing the company’s latest natural‑gas pipeline initiatives out of the Permian Basin and their strategic significance. He detailed the Hugh Binsen pipeline’s upsize to 2.2 BCF/d and the Desert Southwest 48‑inch line to Phoenix,...
£126m Re-Powering Pipeline Opportunity for EGT
Energy Generation Technologies (EGT) outlined a £50 million medium‑term revenue goal, aiming for double‑digit EBITDA, and highlighted a sizable repair‑service pipeline as the engine for growth. The company identified a £126 million opportunity from 280 qualified prospects, each averaging £450,000 contract value, and...