December 4, 2017

Valens Research – UAFRS vs As Reported Weekly Highlights – November 29, 2017

Each week, Valens focuses on several companies that were analyzed in the prior week, where material distortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals.

Company Specific Highlights & Insights

Microsoft Corporation (MSFT)
Excess Cash Distortion

PVH Corp. (PVH)
Operating Lease Distortion

Western Digital Corporation (WDC)
Stock Option Expense Distortion

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