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
NIKE, Inc. (NKE)
Excess Cash Distortion
FedEx Corporation (FDX)
Operating Lease Expense Distortion
Adobe Systems Incorporated (ADBE)
R&D Expense Distortion