The Motley Fool

SEPTEMBER 5, 2023

Here, we'll focus primarily on online resale sites like eBay, Poshmark, ThreadUp, Tradesy, Mercari, and OfferUp. The scammer may also ask you to text with them or otherwise communicate away from the resale site. That's 272 million people who've helped to build a thriving second-hand retail market.

Resale 130

Resale Bidding Accounting Banks 130

The Motley Fool

JUNE 9, 2024

Her concerts have been selling out in minutes, and if you've tried getting your hands on tickets to one, you know they're going for thousands of dollars on resale sites. Japan Airlines JAL Mileage Bank offers a 4:3 conversion rate, while Cathay Pacific and Korean Air both offer 2:1. It's enough to make any fan despair!

Resale 130

Resale Debt Banks 130

The Motley Fool

JUNE 12, 2024

Finally, Q2 industrial resale of $234 million declined 10% year on year. And for fiscal '24, we now expect industrial resale to be down double-digit percentage year on year, compared to our prior guidance for high single-digit decline. Vivek Arya -- Bank of America Merrill Lynch -- Analyst Thanks for taking my question.

Resale 246

Resale Banks Debt Portfolios 246

The Motley Fool

AUGUST 28, 2023

You shop for dishware at a local thrift store and home improvement items at a nearby Habitat for Humanity resale store. Buying quality second-hand clothes allows you to keep up with growth spurts without breaking the bank. When you need a new sofa for the family room, you check out your online neighborhood marketplace.

Resale 130

Resale Banks Accounting Debt 130

The Motley Fool

FEBRUARY 1, 2024

The bank decided to realign their business processes by splitting applications testing from development and maintenance in order to improve quality, time to market, and cost efficiency. As a result of this initial success, the bank is expanding our engagement into other critical business operations. Organic revenue growth was down 4.5%

Resale 130

Resale Banks Capital Assets 130

The Motley Fool

MAY 16, 2024

In financial services, we provide core banking solutions to numerous banks globally. Cloud infrastructure and IT outsourcing organic revenue declined 7%, an improvement from double-digit declines we saw in the prior three quarters due to a significant resale transaction delivered in the quarter. Your line is open.

Resale 130

Resale Consultants Consulting Debt 130

The Motley Fool

SEPTEMBER 5, 2024

Finally, Q3 industrial resales of $164 million declined 31% year on year. We believe we are approaching bottom in Q3 as Q4 resales are expected to recover sequentially. Year on year, Q4 industrial resales will still be down approximately 20%. And our first question will come from the line of Vivek Arya with Bank of America.

Resale 238

Resale Debt Taxes Liabilities 238

The Motley Fool

NOVEMBER 7, 2024

We are also helping a large global bank accelerate time-to-market for new credit card products. Expediting the time-to-market better positions the bank to capture market share in a highly competitive industry. year to year organically as services revenue was down 8% in line with prior quarter, and resale declined 19%.

Resale 130

Resale Consultants Consulting Capital 130

The Motley Fool

JULY 25, 2024

These tenants allow us to target the biggest piece of the potential homebuyer pool by effectively competing its resale inventory, not just in today's environment that favors builders but also when the resale market returns to historical averages. year supply, in line with our target of four to five years.

Resale 130

Resale Securities and Exchange Commission (SEC) Leveraging Banks 130

The Motley Fool

FEBRUARY 26, 2024

of the digital bank's shares outstanding. In the banking industry, that's an attractive valuation because it indicates the business sells at a discount to the entire value of the equity it owns. Consequently, this bank stock is a screaming buy. This mentality causes me to avoid this Buffett banking stock.

Resale 100

Resale Conglomerates Banks Stakes 100

The Motley Fool

NOVEMBER 5, 2023

Every dollar you spend on overpriced things impacts your bank account balance. Unless you're able to secure tickets right when they go on sale, you may end up spending a good chunk of cash on ticket costs due to resale markups and added fees. Keep reading to find out what ridiculously overpriced things people can't stop buying.

Resale 130

Resale Finance Financing Banks 130

The Motley Fool

DECEMBER 12, 2024

Measure on resales, Q4 industrial resales of $173 million declined 27% year on year. Operator And one moment for our next question, and that will come from the line of Ross Seymore with Deutsche Bank. That will come from the line of Vivek Arya with Bank of America. We only expect a recovery in the second half of 2025.

Debt 246

Debt Resale Taxes Accounting 246

The Motley Fool

APRIL 18, 2024

First, on the resale market, I'm curious some of your thoughts there. And when I think about the spec entry-level model, I think you guys have really benefited from the tight resale market over the last few years. Inventories, we have certainly seen more inventory in the market today on the resale side than we have in the past.

Resale 130

Resale Securities and Exchange Commission (SEC) Taxes Capital 130

The Motley Fool

DECEMBER 15, 2023

Four, by driving volume, we gained advantaged insights into and refined the workings of our strategic land banks. The flow of volume through the land banking relationships that define our current approach to land acquisition was invaluable. Situated today with a 9.6% homebuilding debt-to-total cap ratio with $6.3 billion a year.

Resale 130

Resale Debt Assets Capital 130

The Motley Fool

AUGUST 8, 2024

Within our Cloud and Infrastructure business, we recently entered into a long-term IBM mainframe-managed service agreement with First Horizon Bank for ongoing management and support. While resale revenues performed as expected, down 28% year over year, services revenue declined 8% helped by higher-than-anticipated in-quarter volumes.

Resale 130

Resale Consultants Consulting Accounting 130

The Motley Fool

MARCH 7, 2024

And finally, Q1 industrial resales of $215 million declined 6% year on year. In fiscal '24, we continue to expand industrial resales to be down high single digits year upon year. Our next question comes from the line of Vivek Arya with Bank of America Securities. Vivek Arya -- Bank of America Merrill Lynch -- Analyst Thank you.

Resale 188

Resale Debt Banks Shareholders 188

The Motley Fool

NOVEMBER 1, 2023

Prior to IBM, Howard was the CTO of Bank of America, which gives him a unique perspective of what customers want in an IT service provider. year-to-year decline, 160 basis points came from a reduced level of low-margin resale revenues, which was in line with our expectations. The modern workplace business declined 9% year to year.

Resale 187

Resale Capital Taxes Assets 187

The Motley Fool

JULY 26, 2024

We've got bank earnings this week. Last year when Silicon Valley Bank collapsed, people said, "Well, obviously, there'll be another bank that collapses." Asit, any big takeaways from you from Schwab or the bank earnings before we get to the CEO Draft? I don't spend a lot of time in the banking industry.

Banks 130

Banks Capital Resale Assets 130

The Motley Fool

JANUARY 23, 2024

Operator Your next question is coming from Joe Ahlersmeyer with Deutsche Bank. Joe Ahlersmeyer -- Deutsche Bank -- Analyst Hey. Joe Ahlersmeyer -- Deutsche Bank -- Analyst That's all very helpful. Joe Ahlersmeyer -- Deutsche Bank -- Analyst All right. Obviously, resale inventory was incredibly tight.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Resale Leveraging Taxes 130

The Motley Fool

FEBRUARY 4, 2025

year to year organically and services revenue was down approximately 7% and resale fell approximately 16%. 3Q resale was down approximately 2%, improving from steeper declines in recent quarters, and we continue to be selective on our resale opportunities based on deal economics. The book-to-bill ratio of 1.51 Please go ahead.

Resale 130

Resale Consultants Consulting Capital 130

The Motley Fool

OCTOBER 29, 2024

And in markets where there's pressure on insurance, we see a consistent and relatively stable insurance premiums, which are our competitive advantage against the resale market. Somewhat a necessity given the supply chain, somewhat out of -- that's where the demand was given the tight resale market. John Lovallo -- Analyst Understood.

Resale 130

Resale Securities and Exchange Commission (SEC) Taxes Leveraging 130

The Motley Fool

JUNE 15, 2023

Our third strategy is to sharpen our attention on land and land acquisitions, as well as on land and land bank strategy. Tight inventory levels in the resale and new home market propelled demand for available new homes, and we offered a combination of attractive pricing and compelling mortgage rate programs to capture that demand.

Resale 130

Resale Assets Debt Capital 130

The Motley Fool

DECEMBER 7, 2023

Industrial resales were 962 million. In fiscal '24, we expect industrial resales to be down low single digits year on year. Questions & Answers: Operator [Operator instructions] Our first question will come from the line of Vivek Arya with Bank of America. And that will come from the line of Ross Seymore with Deutsche Bank.

Resale 130

Resale Banks Assets Shareholders 130

The Motley Fool

SEPTEMBER 15, 2023

Our third strategy has been to sharpen our attention on land and land acquisition, as well as land and land bank strategies. In our third quarter, we continue to effectively work with our strategic land and land bank partners when they purchase land on our behalf and then deliver just-in-time finished home sites to a homebuilding machine.

Resale 130

Resale Assets Debt Capital 130

The Motley Fool

APRIL 11, 2024

With this program, we are creating the foundation that we'll leverage as we begin to activate the right side of our flywheel and enable customer lifetime value through services, notably beginning with trade-in and resales. And then secondly, can you maybe give us a little bit more color on your trading and resale initiative?

Resale 130

Resale Leveraging Capital Investing 130

The Motley Fool

MAY 8, 2024

People don't like to switch banks and yet a lot of people are choosing SoFi. Jason Moser: Well, I think in this case, when you look at SoFi, I think you made a great point there, but people don't like to switch banks. They're focused on developing new relationships with folks that are just coming into needing a banking relationship.

Banks 130

Banks Resale Portfolios Professional Services 130

The Motley Fool

NOVEMBER 16, 2023

Our performance has kept the Children's Place brands in the leadership position on social media, representing close to 50% of total social impressions among our children apparel resale competitive set. So to get that totally behind us and agreed as part of that to give the bank, obviously, some extra reporting.

Securities and Exchange Commission (SEC) 188

Securities and Exchange Commission (SEC) Taxes Debt Resale 188

The Motley Fool

JULY 20, 2023

The next question is coming from Joe Ahlersmeyer from Deutsche Bank. Joe Ahlersmeyer -- Deutsche Bank -- Analyst Thanks, and good quarter, guys. Joe Ahlersmeyer -- Deutsche Bank -- Analyst I wanted to follow up on the community count. Joe Ahlersmeyer -- Deutsche Bank -- Analyst Makes sense. Joe, your line is live.

Banks 130

Banks Securities and Exchange Commission (SEC) Leveraging Taxes 130

The Motley Fool

SEPTEMBER 7, 2023

Then there were question marks for me around like MetLife , which sells group disability insurance, regional banks with M&T, even in my hometown of Cincinnati, Ohio, human resources software platform Paycor deciding that they wanted to really get their name out there by sponsoring the Bengals home field. Now it is more than 97%.

Companies 130

Companies Hedge Funds Investing Resale 130

The Motley Fool

NOVEMBER 5, 2024

The fundamentals of the housing market are strong, supported by continued household formations, years of underproduction and limited supply of resale homes. Relative to our peer group who has really went all in on land banking, land banking is expensive. We believe this is a near-term dynamic and not a new normal.

Debt 130

Debt Capital Banks Resale 130

The Motley Fool

AUGUST 1, 2023

And lastly, the resale home market remains tight as existing buyers are hesitant to leave their low rate mortgages, which limits available inventory and helps to increase new home demand. Operator Our next question comes from Joe Ahlersmeyer with Deutsche Bank. Joe Ahlersmeyer -- Deutsche Bank -- Analyst Thanks very much.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Resale Taxes Banks 130

The Motley Fool

JULY 30, 2024

At a high level, the housing market remains healthy with demand supported by strong fundamentals, including household formations and migration trends, years of underproduction and a lock-in effect limiting the supply of resale homes. Additionally, we're witnessing a resilient labor market with historically low unemployment.

Leveraging 130

Leveraging Taxes Debt Resale 130

The Motley Fool

FEBRUARY 1, 2024

As we previously discussed, two of the largest population cohorts, the millennials and recently Gen Zs are having life events lean to increased levels of need-based housing that currently cannot be met by the constrained resale of home supply in the market. While that's still true, we wanted to clarify that we're not opposed to land banking.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Finance Financing 130

The Motley Fool

FEBRUARY 2, 2024

And today, it's about taking market share from single families -- single-family market because it's so upside down on a cost to rent perspective and lack of inventory in the resale market. And I think that banks are definitely -- we hear a lot of anecdotal information about banks working very well with their borrowers today.

Debt 130

Debt Taxes Capital Assets 130

The Motley Fool

FEBRUARY 26, 2024

And we had a number of core financial management expansions across our HCM customer base, including Ally Financial, Huntington Bank, Intermountain Health, and Stewart Title Guaranty. And you've got a slew of new products, you've got an expanded partnership strategy, you've got resale -- reseller partnership strategy as well.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Professional Services Education Banks 130

The Motley Fool

AUGUST 3, 2023

We sell our produce gas and basin, and we manage the transport obligation by purchasing third-party gas in basin for resale on the Gulf Coast. Operator instructions] Our first question will come from the line of Doug Leggate with Bank of America. Doug Leggate -- Bank of America Merrill Lynch -- Analyst Gosh. Good morning, guys.

Capital 100

Capital Shareholders Banks Resale 100

The Motley Fool

FEBRUARY 27, 2024

Operator The next question comes from Nitin Bansal of Bank of America. Nitin Bansal -- Bank of America Merrill Lynch -- Analyst Hi. When you have this much mortgage interest rate volatility and you're guaranteeing people loans for 30 years, you're going to have a long-term problem with resale inventory. Please go ahead.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Banks Resale Legal 100