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generally accepted accounting principles, or GAAP, excluding the impact of noncash compensation expenses. NAV is defined as total assets minus total liabilities and is also reported on a per share basis. Another valuable topic we covered was bestpractices for a CEO considering using artificial intelligence in their business.
We've made incredible progress on this top priority and have become a trusted and leading voice for security bestpractices in discussions with customers and prospects. We had no lateral movement, data center technologies where you try to control machine account access inside the data center and the fabric of the network.
With our members' credit data and spending history from accounts they choose to link to Credit Karma, we can use gen AI to help members select the right credit card for them, optimized based on their personal spending history. The short answer is we capture bestpractices and share the insights on a daily basis across our teams.
We launched agentless scanning to detect risks and vulnerabilities within hosts, containers, and serverless across a whole cloud account in a few clicks. Our customers can now use Kubernetes Security Posture Management to benchmark their environments against industry bestpractices. Obstler -- Chief Financial Officer Yeah.
In consumer, we added 245,000 net new checking accounts this quarter. 92% of the customer checking accounts are primary checking accounts in the household, meaning that they're the core operating account for the household for their financial lives. This completes 21 straight quarters of net additions.
During the quarter, we launched L6 in more than half of our peripheral accounts, and we are seeing solid reorder patterns. coronary revenue grew 9% sequentially from Q1 and 37% compared to the prior year, driven primarily by increased penetration in our existing accounts as we continue to see healthy same-store sales growth.
Organizations are now reaching out to Okta to better understand the enhancements we've made to our own security posture so that they can take these bestpractices and implement them in their own environments. These bestpractices, combined with Okta's products, are helping our customers be more secure and do it faster.
Our opportunity is to more effectively standardize and apply bestpractices to create additional value for our customers and shareholders. Third, we're reorganizing our utility structure to group by commodity to drive bestpractices throughout our network. We now expect Atlantica to close on December 12, 2024.
First, we are strengthening our foundation and embedding retail bestpractices throughout the organization. We have begun to embed retail bestpractices that are already changing the way certain choices and decisions are being made. We will make operational excellence the standard for everything we do.
It's aimed at hardening our ancillary and corporate systems and further strengthening our products and services as well as championing customer bestpractices that help enable our customers to be highly protected. And they're going after the accounts, and this good enough identity or this legacy identity is just not enough.
Beginning with the KFC division, which accounts for 49% of our divisional operating profit, we grew system sales 2% led by 8% unit growth. Our same-store sales were down 3%, largely on account of scattered pockets of weakness in a number of markets relating to the Middle East conflict and underperformance in the U.S. In the U.S.,
Barrick's holistic approach to our business encompasses managing the many mine closure liabilities we have accumulated along the way. We are methodically moving to nonoperating tailings storage facilities, with the largest liabilities to safe closure. Unknown speaker -- -- Analyst For our account, about 13.
This can be done by conducting a business valuation, which is an objective and comprehensive analysis of your business’s financial performance, assets, liabilities, risks, and opportunities. Conduct a Business Valuation The first step in increasing the value of your business is to know its current value.
These non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles. SentinelOne leads the industry with best-in-class AI-powered security and customer transparency. Mission-critical businesses around the world rely on our technology, platform architecture, and engineering bestpractices.
We continue to cultivate high quality revenue streams, including advertising in video accounts and Weixin Search, mini games platform service fees, and e-commerce technology service fees, contributing to our gross and operating profit growth outpacing our revenue growth. Time spent on video accounts is now over two times that of Moments.
To be more specific, at the start of the fiscal year, we expanded our strategic segment, created more focus on selling into our largest accounts by reducing the number of accounts per sales rep, and created distinct greenfield territories to focus on landing new customers, both in the enterprise and commercial segments.
Today, we will begin our earnings fireside chat with prepared remarks from Glenn Sanford, founder, chairman, and CEO of eXp World Holdings; and Leo Pareja, CEO of eXp Realty; followed by a review of the second-quarter 2024 financial highlights presented by Kent Cheng, principal financial officer and chief accounting officer of eXp World Holdings.
Christine Klaskin -- Vice President, Finance, and Chief Accounting Officer Thank you, Robin. Is there a particular requirement or bestpractices in terms of how much follow-up you need to have from Phase 2? Christine Klaskin -- Vice President, Finance, and Chief Accounting Officer Yes. This compares to $76.1
Even if you’re familiar with the concept of a 10b5-1 plan, you may benefit from some of our best-practice insights. The SEC codified that liability could be established based on simply possessing inside information at the time of a trade. Q8: What are some bestpractices for establishing a 10b5-1 plan?
Taking all of this into account, it is no surprise Taco Bell continues to be a leader in value perception while also delivering amazing unit economics. Next, I'll discuss the Pizza Hut division, which accounts for 14% of our divisional operating profit. In the U.S., it works pretty well, but every market has got their own challenges.
In addition, we will continue investing to become a standard in more of our accounts. We are not market constrained and even our largest accounts. To that end, in fiscal '26, we will make significant incremental investments in our strategic accounts program. This reinforces our move up market. million in the quarter.
Our named account approach led to higher quality deals in Q2 than in prior quarters. Improved account management is letting us better align with customer initiatives and land larger customer engagements from the start. Now, let's address the item that accounts for the change in non-GAAP operating profit outlook.
We are seeing great early feedback from our partnership with AWS Code Whisperer, the AI-powered coding companion that is now trained on MongoDB data to generate code suggestions based on MongoDB's bestpractices from over 15 years of history. I think it was junior sales guys that you wanted to put on existing accounts.
generally accepted accounting principles, or GAAP, excluding the impact of noncash compensation expenses. NAV is defined as total assets minus total liabilities and is also reported on a per-share basis. Another valuable topic we covered was bestpractices for defining effective B2B sales strategies for an organization.
And there are a number of factors we've taken into account. And in fact, we have taken all of our peak bestpractices from the United States, and we are expanding them around the world. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.
While we were acknowledged across our HCM suite, the core leadership framework that we launched a year ago won gold for the best advance in online coaching tools. The framework enables customers to evaluate the efficacy of their leaders, reinforce leadership bestpractices, and to trigger development paths based on areas of growth identified.
The Okta Secure Identity commitment extends even further to champion customer bestpractices that enable our customers to be highly protected and elevate our industry to be more secure from identity attacks. And there's an identity attack, there's an account loss. We want our customers to benefit from our depth of experience.
In August, we will launch our new mentorship leadership development and accountability program for our top leaders in North America which is unlike any program we've ever had at Herbalife or in the industry for that matter. We are taking training and accountability to a higher level than ever before.
While we want advertisers to adopt our own solutions and bestpractices, we recognize that many of them have their own measurement source of truth. So, that's a difference to account for as you compare us to other platforms as well. And if you look at it on a two-year stack basis, you'll see that strength persist as well.
These changes will drive improved accountability and operational excellence long into the future, and our new structure is already yielding positive results. This includes a framework of operating the one best way with clear standards, consistency and accountability. Danilo Gargiulo -- Analyst Great.
In terms of GMV, Q2 marked yet another historical landmark for us, representing our first ever non-peak quarter above $1 billion with quarterly GMV accounting to $1.08 The second thing that we took into account and we need to account for is the changes in consumer sentiment. billion representing 31% year-on-year growth.
Reconciliations of these non-GAAP measures to the most comparable measure under generally accepted accounting principles are available in the quarterly supplement. Unfortunately, many of the constructive industry ideas and comments that include the use of technology and certain bestpractices were not included in the final rule.
Our focus on culture has increased accountability and attracted great new talent such as Vis Raghavan, Tim Ryan, and Andy Sieg. And we've taken this all into account in our reserving and we remain well reserved with a reserve to funded loan ratio of 8.1% We have eliminated managerial constructs and layers, while empowering our leaders.
I would venture to say that every CEO who has been successful in that regard knows that success comes down to people, processes, exceeding the expectations of your stakeholders, and building a culture of relentless innovation and accountability, and that's exactly what I plan to do here. The company has paid approximately $16.1
Our top 10 and top 20 clients accounted for 56% and 68%, respectively, compared to 55% and 67% in Q3 of the previous year. Are you prioritizing vertical diversification or growth outside the top account in particular, as we enter 2025? Operator And our next question comes from Maggie Nolan with William Blair. Your line is open.
Jones Road used many of the bestpractices we see working more broadly across the industry. And many of the requirements are in line with bestpractices of how our customers were already using Klaviyo. We care deeply about our efforts to ensure excellent deliverability for our customers. And thank you.
I am also pleased to announce that WEX signed a definitive agreement to acquire Ascensus Health & Benefits line of business, a leading tech-enabled provider of employee benefit accounts with a diversified portfolio including HSAs, FSAs, and other benefit accounts. SaaS account growth was up 11% in Q2 versus the prior year.
This step aligns with corporate governance bestpractices. Accounting for these expenses, adjusted net income for the quarter was $132 million or $0.27 Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has a disclosure policy.
In addition, we may elect to use adjusted in place of non-generally accepted accounting principle or non-GAAP in order to reduce overall confusion that may arise from our discussion about financials related to the Gap brand. We also actively collaborate with our brand partners to co-develop industry bestpractices on e-commerce.
And now that we're together working, we see essentially a lot of opportunities to transfer the bestpractices of ExxonMobil into Pioneer. And likewise, to transfer a number of bestpractices from Pioneer into the ExxonMobil base, which when you think about our size has some tremendous leverage associated with it.
It reaffirms our dedication to fostering cultural bestpractices that not only enhance employee engagement but also deliver tangible business results. Based on recent employment trends, we are updating our guidance to account for potential negative same-store sales growth among existing customers and it assumes no ERTC revenue.
STRIDE accounted for less than 1% of our studio base and systemwide sales in 2023. And after considering potential alternatives for STRIDE, we found this transaction was the best option for both Xponential and the STRIDE brand. Within SG&A, the largest liability we continue to work through is our commercial leases.
Our customers are increasingly adopting our AI products as we've seen a 61% increase in accounts using one of our generative AI features. So that portfolio feature that we recently launched allowed them to easily do high-level reporting across accounts to drive better insights, and they are really excited to get launched with Klaviyo.
Our latest earnings release and the accompanying materials available on gapinc.com also include descriptions and reconciliations of any financial measures not consistent with generally accepted accounting principles. Better processes, much more cultural accountability. Should you invest $1,000 in Gap right now?
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