![]() ![]() * Stifel’s Suthan Sukumar to US$16 from US$18 with a “hold” rating. The average target on the Street is US$20.75, according to Refinitiv data. Perlin cut his target to US$21 from US$24. ![]() Maintaining an “outperform” recommendation for Lightspeed shares, Mr. “Another consideration is the impact to margins, as Payments does create a drag, which management believes it can offset by increasing its penetration of Lightspeed Capital.” ![]() “Management highlighted that it will focus its account management team away from Software sales to Payments in the near-term, which will impact Software performance, but potentially result in favorable conversion of customers to Payments,” he said. Perlin expects adjusted EBITDA to remain negative, “inclusive of management’s $12-million expected cost associated with the strategy across contract buyouts and implementation support, which has potential to pay off in F2H23 as Payments penetration accelerates and drives adj. EBITDA breakeven management is targetting for FY24.”Īs it implements its new initiative, Mr. “We view the success of this strategy as a key function to achieve the adj. NOTE: When you enable this setting, it overrides any Price Rules or customer discounts.“Results came in as expected however, management provided F1Q24 guidance that was below Street expectations but in-line with ours, that contemplates both challenged retail verticals, and management’s announced unified payments strategy, which indicates an aggressive shift towards converting new and existing customers to attach Lightspeed Payments,” said Mr. For labor items, you can enable or disable discounting for individual items using the Discounts Allowed item setting. When this option is enabled, a discount cannot be applied to a labor charge or any labor item. Labor refers to a non-inventoried item with a tax class setting of Labor (Labor item), and a labor charge that is applied using the Labor button on sales, special orders, layaways, and work orders. Enabling this option disables the auto-box pricing.Ĭontrols whether discounts can be applied to labor in Lightspeed Retail. For example, if you sell a can of soda for a $1, and a case of 12 soda cans for $10, when you add 12 single soda cans to a register it displays it the case price. When you add individual items to a sale that are also available as part of a boxed set, Lightspeed Retail automatically displays the boxed price if the quantity entered in the sale equals the quantity of the boxed item. ![]() If a customer has no receipt, issues only a store credit for refundsĭisplays a warning message on the register screen when you add an item to a sale that is out-of-stock or whose stock is reserved as a special order, layaway, or work orderĭo Not Convert Singles To Boxes Automatically Requires an employee PIN to be entered before a new sale can be started on the register to help ensure the correct user is logged in for each sale.įor items that require serial number tracking, requires that a customer is attached to the saleĭoes not allow store credit to be given to customers during a refundĭoes not allow gift cards to be given to customers as a refund
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