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Mike Thrift

Marketing Manager

Lowe's Q2 FY2026 Earnings: $26 Billion of Sales, but Acquisitions Did 90% of the Growth

Lowe's posted $25.96B in Q2 FY2026 revenue, up 8.3%, but net earnings were flat at $2.40B and operating margin fell 81 basis points. Acquired businesses supplied about 90% of the sales increase while Retail Home Improvement grew just 0.8% and comparable sales rose 0.2% — the full income statement and balance sheet reconciled in a public Beancount ledger.

Micro-Wedding Packages That Still Make Money: A Pricing and Bookkeeping Guide for Event Vendors

How wedding photographers, caterers, and planners can price sub-50-guest micro-weddings profitably — a contribution-margin floor formula that separates fixed event costs from per-guest costs, package structures with explicit minimums and add-ons, and bookkeeping that keeps deposits, earned revenue, sales tax, and direct costs visible per booking.

MiniMax H1 2026 Earnings: $116.6M Revenue, a $293.0M Adjusted Loss, and a New Balance Sheet

MiniMax reported $116.6M of H1 2026 revenue, up 283.1% and more than its entire FY2025 result, as Open Platform revenue grew 703.1% to become 63.4% of the mix. IFRS net loss narrowed 11% to $358.0M only because fair-value charges on pre-IPO preferred shares fell $222.9M; adjusted net loss more than doubled to $293.0M as R&D reached $296.9M — twice the incremental revenue — while the January listing converted a $3.6B preferred-share liability into $1.35B of positive equity. The full income statement and balance sheet are reconciled in a public Beancount ledger.

New Zealand Tax-Debt Credit Reporting: What an Overdue GST, PAYE, or Income-Tax Balance Means for Your Business

Inland Revenue can report significant unpaid business tax to a credit reporting agency — GST, PAYE, or income-tax debt over NZ$150,000 that is 90+ days overdue, or debt unpaid for more than 12 months equal to at least 30% of assessable income. Here is how the 30-day Notice of Intent works from 1 April 2026, and the myIR review and reconciliation controls that keep a balance off your credit file.

Spain's B2B E-Invoicing Rule: A Payment-Status and Receivables Checklist for Businesses

Spain's B2B e-invoicing framework gives businesses with prior-year turnover above €8 million 12 months from the implementing ministerial order — and everyone else 24 months — to issue structured EN 16931 invoices and report acceptance and effective payment within four qualifying days. This checklist covers which deadline applies, how "paid" is defined, and how to build a receivables workflow that meets the window.

Starbucks Q3 FY2026 Earnings: 7.9% Comp Growth Behind a Revenue Decline

Starbucks reported $9.32B of Q3 FY2026 revenue, down 1.4%, while global comparable-store sales rose 7.9% and net earnings nearly doubled to $1.05B. Moving China retail into a licensed joint venture removed roughly $780M of consolidated revenue, and a $536.3M divestiture gain accounted for more than the entire year-over-year increase in net income — the full income statement and balance sheet reconciled in a public Beancount ledger.

Reverse Factoring Without the Fog: How to Track Supplier Finance, Payables, and Cash Flow

Reverse factoring lets a supplier collect early from a finance provider while you still pay the full invoice at maturity. FASB ASU 2022-04 requires buyers to disclose key program terms, confirmed obligations outstanding, and an annual rollforward. Here is the data model, monthly reconciliation, and cash-flow analysis that keep those numbers defensible.

Uber Q2 2026 Earnings: 24% Gross Bookings Growth and a $1.6 Billion Profit Swing

Uber processed $58.0B of gross bookings in Q2 2026, up 24%, while revenue grew 12% to $14.19B and operating income grew 30% to $1.89B. Net income rose 77% to $2.39B, but a $1.61B gain on debt and equity securities supplied more than half of pre-tax profit, and a UK shift to an agent model cut reported revenue by roughly $1.1B — the full income statement and balance sheet reconciled in a public Beancount ledger.

Cisco Q4 FY2026 Earnings: $9.3 Billion of AI Orders Against an 80% Inventory Build

Cisco's fiscal fourth quarter brought $17.25B of revenue (+18%), $3.86B of net income (+51%), 40% networking order growth and $9.3B of full-year hyperscaler AI orders — alongside inventory up 80% to $5.69B and full-year operating cash flow flat at $14.2B. A Beancount ledger reconciles the income statement, the inventory build and the deferred-revenue counterweight.

FinCEN Delayed the Investment Adviser AML Rule to 2028. The Clock Is Still Running.

FinCEN moved the investment adviser AML rule's effective date from January 1, 2026 to January 1, 2028, covering roughly 20,000 SEC-registered advisers and exempt reporting advisers. Here's what the rule requires — SARs at $5,000, CTRs above $10,000, travel-rule recordkeeping at $3,000 — and a 24-month plan to build the program before the deadline.