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Q2, or the second quarter, refers to the accounting period of April, May and June. Any financial statements you receive from April 1 to June 30 are for Q2 of the fiscal quarter system.
In financial accounting the accounting period is determined by regulation and is usually 12 months. The beginning of the accounting period differs according to jurisdiction. For example, one entity may follow the calendar year, January to December, while another may follow April to March as the accounting period. The International Financial ...
Under this method, the company's fiscal year is defined as the final Saturday (or other day selected) in the fiscal year end month. For example, if the fiscal year end month is August, the company's year end could fall on any date from August 25 to August 31. In particular, the last fiscal week is the one that includes August 25 and the first ...
Q1, Q2, Q3, Q4 – quarters of the accounting year, calendar year or fiscal year; QC – Quality control or Quality costs; QoQ – Quarter on quarter; QPR – Quarterly Performance Report; QRP – Qualified Retirement Plan; q/q – Quarter on quarter; QTD – Quarter-to-date
The fiscal year '24 is a 53-week year for Williams-Sonoma Inc., so the fourth quarter will consist of 14 weeks. We will report comp on a 53-week versus 53-week comparable basis.
Year-to-date free cash flow is 22% higher than the same period last year. So we had another strong quarter and are well positioned to deliver differentiated financial performance in 2024.
In the United States, the federal government's fiscal year is the 12-month period beginning 1 October and ending 30 September the following year. The identification of a fiscal year is the calendar year in which it ends; the current fiscal year is often written as "FY25" or "FY2024-25", which began on 1 October and will end on 30 September.
Year-to-date cash flow from operations were approximately $7.2 billion, a lower result as compared to the same period last year primarily due to the timing of CMS receipts and the impact of higher ...