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
Ross Stores, Inc. (ROST)
Operating Lease Expense Distortion
Fidelity National Information Services, Inc. (FIS)
Adobe Systems Incorporated (ADBE)
R&D Expense Distortion