Inside Adobe’s AI Identity Crisis & Target Misses the Mark
Brew Markets
Explainer: 52-week vs 53-week fiscal years
Ann answers a listener explaining why retailers use 52/53-week fiscal years and how the extra week affects comparables.
Episode 68: Today, Ann looks at Adobe’s struggle with lack of innovation and why she found today’s announcement that the company is buying Semrush for $1.9 billion… anticlimactic. Then we look at earnings for Target and if an additional $1B refresh can turn the company around. Plus, Viking River Cruises is thriving without kids on-board. Finally, Ann answers your question about a 53-week reporting period.
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00:00 Welcome to Brew Markets Daily
00:00 Adobe’s AI Problem
00:00 Earnings: $TGT $VIK
00:00 QFA: A 53-week year?
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