Navigating SG&A Expenses: A Tale of Two Companies

In the ever-evolving landscape of corporate finance, understanding cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Fiserv, Inc. and Gen Digital Inc. over the past decade. From 2014 to 2023, Fiserv's SG&A expenses surged by over 570%, peaking in 2023. This reflects strategic investments and potential expansion efforts. In contrast, Gen Digital Inc. experienced a 66% decline in SG&A expenses from 2014 to 2023, indicating a shift towards leaner operations. Notably, 2024 data for Fiserv is missing, suggesting a need for further updates. These trends highlight the diverse strategies companies employ to manage costs and drive growth. As businesses navigate the complexities of the modern economy, understanding these financial dynamics is more important than ever.