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Top related persons:
Peter Feld - 1 GoDaddy - 1 Aman Bhutani - 1 Feld - 1 Mark McCaffrey - 1 Starboard's Jeffrey Smith - 1
Top related locs:
New York City
Top related orgs:
New York Stock Exchange - 1 GoDaddy - 1

Search resuls for: "Peter Feld"


2 mentions found


☆ Starboard urges GoDaddy to set 'prudent' guidance and offer specifics on cost savings
  + stars: | 2024-01-31 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com   time to read: +3 min
Starboard has a more than 6% stake in the company, and has been pushing the company to expand free cash flow and improve margins. Of the 20 companies in peer group in Starboard's letter, GoDaddy has a higher multiple than only TeraData and Box . Starboard believes that GoDaddy can achieve free cash flow of $9 per share by this fiscal year, and $14 per share by fiscal year 2026. Those targets are higher than GoDaddy's $6.1 free cash flow per share for the fiscal year ending September 2023, according to FactSet data. Starboard expects that GoDaddy could generate more than $4 billion in free cash flow over the next three years.
Persons: Peter Feld, GoDaddy, Aman Bhutani, Feld, Mark McCaffrey, Starboard's Jeffrey Smith Organizations: New York Stock Exchange, GoDaddy Locations: New York City
☆ Chocolate maker Barry Callebaut cuts sales guidance, appoints new CEO
  + stars: | 2023-04-05 | by ( Andrey Sychev Paolo Laudani | Andrey Sychev | Paolo Laudani | ) www.reuters.com   time to read: +2 min
[1/2] The logo of chocolate and cocoa product maker Barry Callebaut is pictured during the company's annual news conference in Zurich, Switzerland, Nov. 7, 2018. REUTERS/Arnd Wiegmann/File PhotoApril 5 (Reuters) - Switzerland's Barry Callebaut (BARN.S), the world's biggest chocolate maker, on Wednesday appointed Peter Feld as its new chief executive after lowering sales volume guidance as inflation-hit consumers cut back on purchases. The chocolate maker now forecasts full-year volume growth to be "flat to modest," Chief Financial Officer Ben De Schryver said. Barry Callebaut shares were down 2.5%, according to Julius Baer bank's pre-market indications. The company said that the sales volumes decline moderated in the second quarter, slowing to -0.5%, from -5.1% in the previous quarter.
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