Van Nistelrooy has replaced Steve Cooper at the King Power Stadium and saw Jamie Vardy open the scoring after just 98 seconds. Bilal El Khannouss and Patson Daka added goals after the break to ensure the Dutchman started with three points in style. Starting with a win! 🤩 Delivered by @bcgame #LEIWHU pic.twitter.com/X90nFSbMLm — Leicester City (@LCFC) December 3, 2024 His task is to keep the Foxes in the Premier League this season and after ending a five-game winless run they moved up to 15th, four points clear of the relegation zone. West Ham’s hierarchy will have seen what impact a managerial change can have as the jury remains out on Lopetegui, with away fans making their feelings clear by chanting “You’re getting sacked in the morning”. Niclas Fullkrug scored a consolation goal at the death but it counted for nothing and forthcoming games against Wolves, Bournemouth, Brighton and Southampton could determine the Spaniard’s future. When Van Nistelrooy went to bed last night, even he would not have dreamt of his side starting as well as they did as they went ahead with less than two minutes on the clock. One of the Dutchman’s first conversations following his appointment was to take Vardy to task for breaking his record for scoring in the most consecutive Premier League games nine years ago. And the veteran striker rolled back to the years as, living on the shoulder of the West Ham defence, he raced clear from El Khannouss’ through-ball and slotted into the corner. The linesman’s flag immediately went up but a lengthy VAR review ruled Vardy had timed his run perfectly and the goal stood. Vardy could have added a second from a similar move but this time Lukasz Fabianski denied him. The Dutchman quickly learned about the frailties of his side as West Ham created a raft of chances in search of an equaliser. Jarrod Bowen forced Mads Hermansen into a stretching save when he cut in from the right before Ings’ header crashed into the post and Max Kilman slipped at the crucial point from the rebound. Bowen, a constant threat, sent a ball across face of goal which evaded everyone before the England international was denied by a reflex save from the busy Hermansen. The Danish goalkeeper needed to be alert to tip over Mohammed Kudus’ deflected effort early in the second half before he was saved by the referee’s whistle after after his attempted punch went into his own goal, Tomas Soucek the man penalised. Leicester remained a threat on the counter-attack and that is how they doubled their lead just after the hour. Kasey McAteer was set clear down the left and his ball inside was perfect for El Khannouss to find the bottom corner from 15 yards. It was almost three as Fabianski produced an acrobatic save from Wilfred Ndidi’s header before Leicester needed a heroic piece of defending to keep their 2-0 lead intact. Crysencio Summerville bundled the ball goalwards and it was heading over the line until Conor Coady adjusted his feet and poked it clear. The Foxes, who also had a goal from substitute Bobby De Cordova-Reid chalked off by VAR, wrapped things up in the 90th minute when Daka broke clear and emphatically converted into the roof of the net. West Ham did get on the scoresheet when Fullkrug headed a corner home, but the game was already done.Five years ago, hundreds of people crowded the halls of the state Capitol protesting legislation that sought to tighten California’s vaccine rules. Outside, music blasted something about a revolution and people carried signs that read “Vaccine mandates violate bodily autonomy.” From the sea of red-clad protesters emerged a familiar face idolized by the anti-vaccine activists : Robert F. Kennedy Jr. He was the guest of honor in one of the biggest public health showdowns the state has seen in recent years. Ultimately, he and his followers lost — the Legislature passed a law to clamp down on fraudulent or inappropriate medical exemptions for required childhood vaccines. Today, Kennedy finds himself on a bigger stage with potentially far more influence and power. President-elect Donald Trump has nominated the former environmental lawyer turned controversial vaccine critic to oversee the nation’s health policy as secretary of Health and Human Services. He has been known to make false, and at times dangerous, claims about medicine and public health. Perhaps most infamously he linked vaccines to autism — a claim that has been debunked over and over again. Now with Kennedy in the running to lead the federal health department, health leaders and advocates in California and across the country are voicing their concerns and preparing to combat a potential wave of medical disinformation. Having a vaccine skeptic at the helm of the U.S. Health and Human Services agency, some say, could lead to more Americans refusing to be vaccinated and potentially put lives at risk. It could also embolden the anti-vaccine movement in California. Dr. Richard Pan , a pediatrician who as a state senator authored the 2019 medical exemption law and a separate law that eliminated personal belief exemptions for childhood vaccines, said having a health secretary who casts doubt on vaccines is “a danger” and “disturbing.” “I imagine we’re going to see a lot more direct attacks on individual scientists, individual people. I’m anticipating that I’m probably gonna be hoisted somewhere by those guys as well. I don’t think RFK Jr. has forgotten about me yet,” he said. Pan said he’s met Kennedy twice when Kennedy traveled to Sacramento to oppose his bills. Carrying those laws made Pan the subject of harassment and attacks, and at one point an anti-vaccine activist shoved him while Pan was walking in a Sacramento street. At protests, anti-vaccine activists plastered Pan’s face on posters with the word “LIAR” in red letters. Now, people who rallied against his vaccine bills are celebrating Kennedy’s potential spot on Trump’s cabinet, and calling for “justice” via social media posts. In one of their last quarrels, Pan publicly called for Kennedy to be banned from social media platforms when Kennedy promoted COVID disinformation. In response, Kennedy told the Sacramento Bee that Pan’s request for censorship was anti-American. More recently, Kennedy has taken a more measured approach when responding to questions about vaccines. Following Trump’s win he told NBC News that he isn’t looking to take vaccines off the market, but rather is advocating for informed choice. “If vaccines are working for somebody, I’m not going to take them away,” he said. If Kennedy is confirmed as head of Health and Human Services, he would oversee a $1.7 trillion budget and about a dozen agencies. He would be responsible for managing pandemic preparedness, and would be in charge of issues ranging from health insurance to food safety. Experts say that any controversial changes would likely be met with litigation that could slow or derail Kennedy’s proposals. Still, there are several ways anti-vaccine sentiment in the federal government could undermine public health gains in states. For example, school immunization mandates are issued by states and while the federal government cannot directly change those, it could decide to withhold public health funding, such as grants sent to states to help fund vaccination efforts, said Dorit Reiss, a professor at UC Law San Francisco. As health secretary, Kennedy would also have the power to appoint members of an advisory committee that makes recommendations on immunization practices to the U.S. Centers for Disease Control and Prevention. Reiss added that the health secretary also has the power to expedite or limit access to new vaccines, which would become especially important in the case of another pandemic. It is the secretary of Health and Human Services who declares a public health emergency and issues emergency use authorization for unapproved vaccines. When COVID shots were first made available to the public in December 2020, they were allowed under this emergency designation. The U.S. Food and Drug Administration fully approved the vaccine for people 16 and older nine months later. A secretary hostile to vaccines could block or remove the emergency use authorization. That means the vaccine manufacturer “would have to either apply for full approval at the moment or not sell the vaccine,” Reiss said. Kennedy told NBC that he wouldn’t have “directly blocked” the emergency use of COVID-19 vaccines had he been secretary at the time, but rather would have made sure that “we have the best science.” Yet at the height of the pandemic, Kennedy helped fuel mistrust of the coronavirus vaccine. In 2021, he called it the “deadliest vaccine ever made ” in opposition to a Louisiana proposal that would have required school children to be vaccinated against the virus. In 2010, the California Legislature passed a law that added a booster of the pertussis vaccine , which protects against whooping cough, to the immunization schedule for teens to attend school. Catherine Flores Martin, the executive director of California Immunization Coalition, a nonprofit that advocates for vaccines, remembers when lawmakers were considering this bill, roughly about 18 people or so showed up in opposition, she said. Fast-forward to 2015 and 2019, opposition to vaccine legislation evolved into mass protests of hundreds of people. “It’s gotten wild,” Flores Martin said. “The vast majority of parents still vaccinate their children,” she said. “We hear a lot about hesitancy, but hesitancy doesn’t convert into not vaccinating.” In the 2021-22 school year, 94% of California’s kindergarteners had received the required vaccines, the state’s public health department reported. But Flores Martin acknowledges that it has become more challenging to pass vaccine legislation as opposition has become louder in California. She attributes this in part to the growing role of misinformation shared on social media platforms. State public health officials did not respond to an interview request by deadline. The year 2014 was notable in public health for a couple of reasons. That year whooping cough infections peaked, with more than 11,000 cases reported in the state , the most ever. Also, in December of that year, a measles outbreak at Disneyland contributed to the highest number of measles cases reported in the U.S. in two decades. Most of the cases were among unvaccinated children. The outbreak resulted in hospitalizations but no deaths were reported. In California, the vaccine that protects against measles, mumps and rubella is among the required doses for kids to attend school. So is the polio vaccine and the Hepatitis B vaccine, among others. It was this measles outbreak that led the Legislature in 2015 to remove personal belief and religious exemptions for required shots. Then in 2019, lawmakers came back and approved a second law that allowed the state’s Department of Public Health to review and revoke inappropriate medical exemptions . Medical exemptions have to be made by a physician and are reserved for small groups of people, such as those who are allergic to vaccine ingredients. Following the 2019 law, the rate of kindergarteners with medical exemptions decreased to the lowest levels since 2015-16 , according to the state’s public health department. However, research shows that because of disruption in routine doctor visits during the pandemic, the number of kindergarteners who were not up to date on their immunizations ticked up. Health advocates and experts say that it is now more important than ever to instill confidence in vaccines and proven public health measures. Flores Martin said doctors and health advocates will have to band together and push vaccine education to maintain high immunization rates. The messaging matters, she said.
Bengals keep confidence and playoff hopes high as they head for a showdown with PittsburghIt’s that time of year again: Dunbar football is on the march. The three-time defending Class 2A/1A state champions dominated both lines and made big plays when called on Saturday against visiting Fallston, claiming a 36-0 win in the quarterfinal round. Now 12-0, the No. 4 Poets will take on the Frederick-Liberty winner in next week’s semifinal round either Friday or Saturday. In advancing Saturday, the Poets got touchdown runs from Cordae James, Cole Floyd, Normauri Johnson and quarterback Savion Witherspoon, who also threw a 35-yard strike to Jalen Gause. “If we can control the line of scrimmage, we feel we can play our game,” Dunbar coach Michael Carter said. “So that was the main thing, us controlling the line of scrimmage, being able to run the ball and keep Savion on his feet. So that was all good.” Throughout the game, the Poets’ offense was able to sustain drives, mostly with quality execution on third down. But it was a fourth-down play in the closing seconds of the first half that summed up the outcome. Already leading 14-0 with 14 seconds left in the second quarter and facing a fourth-and-18 on the Fallston 35, Witherspoon had a lengthy scramble to keep the play alive before heaving a pass to the end zone for Gause. It sent the Poets into the halftime break with a 20-0 lead, and they never looked back. Fallston's TJ Shimaitis is tackled from behind by Dunbar's Darian Edmond during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Fallston quarterback Mike Griffin Jr. throws to a receiver during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Dunbar's Saivon Williams, left, and Tyler Hicks team up for a sack against Fallston's Mike Griffin Jr. during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Dunbar receiver Normauri makes a catch in the endzone for a second quarter score in front of Fallston defensive back Zach Loewe during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Dunbar running back Cordae James pushes ahead for positive yardage as Fallston's Isaac Dutcher tries to make a tackle during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Dunbar receiver Jalen Gause makes a cut back in an attempt to avoid defensive pressure by Fallston's Daniel Montoya during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Dunbar's Savion Witherspoon tries to escape a tackle attempt by Fallston's Isaac Dutcher during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Fallston's Ethan Wenger tries to bring down Dunbar's Normauri Johnson during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Dunbar's Cole Floyd carries the ball against Fallston on a play resulting in a touchdown during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Fallston's TJ Shimaitis maintains control of the ball as he is tackled by Dunbar's Samuel Eades and Khyree Anderson #23 during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Dunbar's Cole Floyd celebrates a touchdown run against Fallston during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Dunbar's Cordae James gets past the Fallston defenders and goes into the end zone for a touchdown in a state quarterfinal Saturday. (Brian Krista/Staff) Dunbar lineman Joshua Blackston #54 protects quarterback Savion Witherspoon against Fallston's Evan Alcide during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Dunbar receiver Jalen Gause dives for extra yardage as Fallston's Ethan Wenger tries to complete a tackle during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Dunbar offensive tackle Joshua Blackston blocks against Fallston defender Oliver Rueckert. Blackston, a Rutgers commit, was named an Under Armour All-American. (Brian Krista/Staff) Dunbar's Savion Witherspoon runs for first down yardage as Fallston players, from left, Evan Alcide, Oliver Rueckert and Daniel Montoya try to bring him down during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Fallston's TJ Shimaitis is tackled from behind by Dunbar's Darian Edmond during a state quarterfinal football game at Dunbar High School on Saturday. (Brian Krista/Staff) Defensively, the Poets got an interception from Samuel Eades and a fumble recovery from Eli Turpin. The special teams also blocked an early field goal try from Fallston, which finished the season with a 7-4 mark. Although they were able to enjoy some quality drives of their own behind a gutsy performance by sophomore quarterback Mike Griffin, the Cougars were unable to close out any series. On defense, linebacker Evan Alcide had a strong day that included two fumble recoveries. Fallston came into Saturday on a three-game winning streak, reaching the state quarterfinals for a second straight season. Related Articles “Our guys are tough. This is probably the state champion we ran into,” Fallston coach Keith Robinson said. “Ultimately, they were just bigger, stronger, faster that us, but I’m proud of the way our guys played.” For the Poets, more good news came Thursday when it was announced that three-star offensive tackle Joshua Blackston, who was his usual dominant self Saturday, became the first football player from Baltimore City public schools to be named an Under Armour All-American. During practice, the 6-foot-5, 275-pound Rutgers commit got a monumental surprise when Under Armour representatives presented him with an All-America Game jersey as his parents, teammates and coaches were on hand to celebrate the special occasion. He’s proud to be able to represent Baltimore in the 2025 Under Armour All-America Game, set to take place Jan. 2 at Camping World Stadium in Orlando, Florida. “It’s a privilege to be the first Baltimore City public school athlete to be selected,” he said. “For me, it’s a blessing that I can be the leader of that, to put on for my city and showcase the talent that Baltimore City public schools specifically produce.”
Senators Looking To Acquire A Defenseman - prohockeyrumors.comRuud van Nistelrooy enjoyed a dream start to his reign as Leicester manager after a 3-1 win over West Ham, whose boss Julen Lopetugui is under increasing pressure. Van Nistelrooy has replaced Steve Cooper at the King Power Stadium and saw Jamie Vardy open the scoring after just 98 seconds. Bilal El Khannouss and Patson Daka added goals after the break to ensure the Dutchman started with three points in style. Starting with a win! 🤩 Delivered by — Leicester City (@LCFC) His task is to keep the Foxes in the Premier League this season and after ending a five-game winless run they moved up to 15th, four points clear of the relegation zone. West Ham’s hierarchy will have seen what impact a managerial change can have as the jury remains out on Lopetegui, with away fans making their feelings clear by chanting “You’re getting sacked in the morning”. Niclas Fullkrug scored a consolation goal at the death but it counted for nothing and forthcoming games against Wolves, Bournemouth, Brighton and Southampton could determine the Spaniard’s future. When Van Nistelrooy went to bed last night, even he would not have dreamt of his side starting as well as they did as they went ahead with less than two minutes on the clock. One of the Dutchman’s first conversations following his appointment was to take Vardy to task for breaking his record for scoring in the most consecutive Premier League games nine years ago. And the veteran striker rolled back to the years as, living on the shoulder of the West Ham defence, he raced clear from El Khannouss’ through-ball and slotted into the corner. The linesman’s flag immediately went up but a lengthy VAR review ruled Vardy had timed his run perfectly and the goal stood. Vardy could have added a second from a similar move but this time Lukasz Fabianski denied him. The Dutchman quickly learned about the frailties of his side as West Ham created a raft of chances in search of an equaliser. Jarrod Bowen forced Mads Hermansen into a stretching save when he cut in from the right before Ings’ header crashed into the post and Max Kilman slipped at the crucial point from the rebound. Bowen, a constant threat, sent a ball across face of goal which evaded everyone before the England international was denied by a reflex save from the busy Hermansen. The Danish goalkeeper needed to be alert to tip over Mohammed Kudus’ deflected effort early in the second half before he was saved by the referee’s whistle after after his attempted punch went into his own goal, Tomas Soucek the man penalised. Leicester remained a threat on the counter-attack and that is how they doubled their lead just after the hour. Kasey McAteer was set clear down the left and his ball inside was perfect for El Khannouss to find the bottom corner from 15 yards. It was almost three as Fabianski produced an acrobatic save from Wilfred Ndidi’s header before Leicester needed a heroic piece of defending to keep their 2-0 lead intact. Crysencio Summerville bundled the ball goalwards and it was heading over the line until Conor Coady adjusted his feet and poked it clear. The Foxes, who also had a goal from substitute Bobby De Cordova-Reid chalked off by VAR, wrapped things up in the 90th minute when Daka broke clear and emphatically converted into the roof of the net. West Ham did get on the scoresheet when Fullkrug headed a corner home, but the game was already done.
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Dec 3, 2024-- Torrid Holdings Inc. (“Torrid” or the “Company”) (NYSE: CURV), a direct-to-consumer apparel, intimates, and accessories brand in North America for women sizes 10 to 30, today announced its financial results for the quarter ended November 2, 2024. Lisa Harper, Chief Executive Officer of Torrid, stated, “Our third quarter results were below our expectations as our fall assortments did not offer enough newness and novelty. We also saw the environment change meaningfully from the end of September and into October. Despite the weaker top line sales, we delivered a positive full-price comp, 285 basis points of gross profit expansion, and modest Adjusted EBITDA (1) growth. We ended the quarter with clean inventory levels, down 19% to last year, and $44 million in cash.” Ms. Harper continued, “While we are encouraged by our customers’ response to the newness in our assortments, given the volatility we have seen in our business, and recognizing that there is still considerable amount of the quarter ahead of us, we are taking a prudent approach to our fourth quarter outlook. As we move into fiscal 2025, we are confident that we have put in place the necessary changes and strategies to position us for growth.” Number of stores (as of end of period) 655 643 Comparable sales (A) (7 )% (8 )% Net loss $ (1,194 ) $ (2,748 ) Adjusted EBITDA (B) $ 19,584 $ 19,379 (A) Comparable sales (2) for the three-month period ended November 2, 2024 compares sales for the 13-week period ended November 2, 2024, with sales for the 13-week period ended November 4, 2023. (B) Please refer to “Non-GAAP Reconciliation” below for a reconciliation of net loss to Adjusted EBITDA (1). at the end of the third quarter of 2024 totaled $44.0 million. Total liquidity at the end of the quarter, including available borrowing capacity under our revolving credit agreement, was $151.8 million. for the nine-month period ended November 2, 2024, was $65.4 million, compared to $33.7 million for the nine-month period ended October 28, 2023. The above outlook is based on several assumptions, including, but not limited to, the macroeconomic challenges in the industry in fiscal 2024 as well as higher labor costs. The above outlook does not take into consideration the Consumer Financial Protection Bureau ruling which mandates, among other things, decreases in credit card late fees, and could alter the profitability of our agreements with our private label credit card financing company. See “Forward-Looking Statements” for additional information. A conference call to discuss the Company’s third quarter 2024 results is scheduled for December 3, 2024, at 4:30 p.m. ET. Those who wish to participate in the call may do so by dialing (877) 407-9208 or (201) 493-6784 for international callers. The conference call will also be webcast live at . For those unable to participate, a replay of the conference call will be available approximately three hours after the conclusion of the call until December 10, 2024. Adjusted EBITDA is a non-GAAP financial measure. See “Non-GAAP Financial Measures” and “Non-GAAP Reconciliation” for additional information on non-GAAP financial measures and the accompanying table for a reconciliation to the most comparable GAAP measure. The Company does not provide reconciliations of the forward-looking non-GAAP measures of Adjusted EBITDA to the most directly comparable forward-looking GAAP measure because the timing and amount of excluded items are unreasonably difficult to fully and accurately estimate. For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could be material to future results. Comparable sales for any given period are defined as the sales of our e-Commerce operations and stores that we have included in our comparable sales base during that period. We include a store in our comparable sales base after it has been open for 15 full fiscal months. If a store is closed during a fiscal year, it is only included in the computation of comparable sales for the full fiscal months in which it was open. Comparable sales for the third quarter of fiscal year 2024 compares sales for the 13-week period ended November 2, 2024, with sales for the 13-week period ended November 4, 2023. Partial fiscal months are excluded from the computation of comparable sales. We apply current year foreign currency exchange rates to both current year and prior year comparable sales to remove the impact of foreign currency fluctuation and achieve a consistent basis for comparison. Comparable sales allow us to evaluate how our unified commerce business is performing exclusive of the effects of non-comparable sales and new store openings. TORRID is a direct-to-consumer brand in North America dedicated to offering a diverse assortment of stylish apparel, intimates, and accessories skillfully designed for curvy women. Specializing in sizes 10 to 30, TORRID’s primary focus is on providing fashionable, comfortable, and affordable options that meet the unique needs of its customers. TORRID’s extensive collection features high quality merchandise, including tops, bottoms, denim, dresses, intimates, activewear, footwear, and accessories. Revenues are generated primarily through its e-Commerce platform and its stores in the United States of America, Puerto Rico and Canada. In addition to results determined in accordance with accounting principles generally accepted in the United States of America (“GAAP”), management utilizes certain non-GAAP performance measures, such as Adjusted EBITDA, for purposes of evaluating ongoing operations and for internal planning and forecasting purposes. We believe that these non-GAAP operating measures, when reviewed collectively with our GAAP financial information, provide useful supplemental information to investors in assessing our operating performance. Adjusted EBITDA is a supplemental measure of our operating performance that is neither required by, nor presented in accordance with, GAAP and our calculations thereof may not be comparable to similarly titled measures reported by other companies. Adjusted EBITDA represents GAAP net income (loss) plus interest expense less interest income, net of other expense (income), plus provision for income taxes, depreciation and amortization (“EBITDA”), and share-based compensation, non-cash deductions and charges, and other expenses We believe Adjusted EBITDA facilitates operating performance comparisons from period to period by isolating the effects of certain items that vary from period to period without any correlation to ongoing operating performance. We also use Adjusted EBITDA as one of the primary methods for planning and forecasting the overall expected performance of our business and for evaluating on a quarterly and annual basis, actual results against such expectations. Further, we recognize Adjusted EBITDA as a commonly used measure in determining business value and, as such, use it internally to report and analyze our results and as a benchmark to determine certain non-equity incentive payments made to executives. Adjusted EBITDA has limitations as an analytical tool. This measure is not a measurement of our financial performance under GAAP and should not be considered in isolation or as an alternative to or substitute for net income (loss), income (loss) from operations, earnings (loss) per share or any other performance measures determined in accordance with GAAP or as an alternative to cash flows from operating activities as a measure of our liquidity. Our presentation of Adjusted EBITDA should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items. Certain statements made in this earnings release are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and are subject to the safe harbor created thereby under the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this earnings release are forward-looking statements. Forward-looking statements reflect our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,” “will,” “should,” “can have,” “likely” and other words and terms of similar meaning (including their negative counterparts or other various or comparable terminology). For example, all statements we make relating to our estimated and projected costs, expenditures, cash flows, growth rates and financial results, our plans and objectives for future operations, growth or initiatives, strategies or the expected outcome or impact of pending or threatened litigation are forward-looking statements. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those that we expected, including: • the adverse impact of rulemaking changes implemented by the Consumer Financial Protection Bureau on our income streams, profitability and results of operations; • changes in consumer spending and general economic conditions; • the negative impact on interest expense as a result of steep interest rates; • inflationary pressures with respect to labor and raw materials and global supply chain constraints that could increase our expenses; • our ability to identify and respond to new and changing product trends, customer preferences and other related factors; • our dependence on a strong brand image; • increased competition from other brands and retailers; • our reliance on third parties to drive traffic to our website; • the success of the shopping centers in which our stores are located; • our ability to adapt to consumer shopping preferences and develop and maintain a relevant and reliable omni-channel experience for our customers; • our dependence upon independent third parties for the manufacture of all of our merchandise; • availability constraints and price volatility in the raw materials used to manufacture our products; • interruptions of the flow of our merchandise from international manufacturers causing disruptions in our supply chain; • our sourcing a significant amount of our products from China; • shortages of inventory, delayed shipments to our e-Commerce customers and harm to our reputation due to difficulties or shut-down of our distribution facility; • our reliance upon independent third-party transportation providers for substantially all of our product shipments; • our growth strategy; • our failure to attract and retain employees that reflect our brand image, embody our culture and possess the appropriate skill set; • damage to our reputation arising from our use of social media, email and text messages; • our reliance on third-parties for the provision of certain services, including real estate management; • our dependence upon key members of our executive management team; • our reliance on information systems; • system security risk issues that could disrupt our internal operations or information technology services; • unauthorized disclosure of sensitive or confidential information, whether through a breach of our computer system, third-party computer systems we rely on, or otherwise; • our failure to comply with federal and state laws and regulations and industry standards relating to privacy, data protection, advertising and consumer protection; • payment-related risks that could increase our operating costs or subject us to potential liability; • claims made against us resulting in litigation; • changes in laws and regulations applicable to our business; • regulatory actions or recalls arising from issues with product safety; • our inability to protect our trademarks or other intellectual property rights; • our substantial indebtedness and lease obligations; • restrictions imposed by our indebtedness on our current and future operations; • changes in tax laws or regulations or in our operations that may impact our effective tax rate; • the possibility that we may recognize impairments of long-lived assets; • our failure to maintain adequate internal control over financial reporting; and • the threat of war, terrorism or other catastrophes, including natural disasters, that could negatively impact our business. The outcome of the events described in any of our forward-looking statements are also subject to risks, uncertainties and other factors described in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") on April 2, 2024 and in our other filings with the SEC and public communications. You should evaluate all forward-looking statements made in this earnings release in the context of these risks and uncertainties. We caution you that the important factors referenced above may not include all of the factors that are important to you. In addition, we cannot assure you that we will realize the results or developments we expect or anticipate or, even if substantially realized, that they will result in the outcomes or affect us or our operations in the way we expect. The forward-looking statements included in this earnings release are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise except to the extent required by law. Our forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments. Investors and others should note that we may announce material information to our investors using our investor relations website ( ), SEC filings, press releases, public conference calls and webcasts. We use these channels, as well as social media, to communicate with our investors and the public about our company, our business and other issues. It is possible that the information that we post on social media could be deemed to be material information. We therefore encourage investors to visit these websites from time to time. The information contained on such websites and social media posts is not incorporated by reference into this filing. Further, our references to website URLs in this filing are intended to be inactive textual references only. Net sales $ 263,766 $ 275,408 Cost of goods sold 168,609 183,906 Gross profit 95,157 91,502 Selling, general and administrative expenses 74,899 71,881 Marketing expenses 13,056 12,739 Income from operations 7,202 6,882 Interest expense 8,784 9,757 Other income, net of other expense (362 ) 267 Loss before benefit from income taxes (1,220 ) (3,142 ) Benefit from income taxes (26 ) (394 ) Net loss $ (1,194 ) $ (2,748 ) Net loss $ (1,194 ) $ (2,748 ) Other comprehensive loss: Foreign currency translation adjustment (86 ) (271 ) Total other comprehensive loss (86 ) (271 ) Comprehensive loss $ (1,280 ) $ (3,019 ) Basic $ (0.01 ) $ (0.03 ) Diluted $ (0.01 ) $ (0.03 ) Basic 104,698 104,081 Diluted 104,698 104,081 Current assets: Cash and cash equivalents $ 43,953 $ 11,735 Restricted cash 399 399 Inventory 138,261 142,199 Prepaid expenses and other current assets 33,343 22,229 Prepaid income taxes 6,617 2,561 Total current assets 222,573 179,123 Property and equipment, net 85,569 103,516 Operating lease right-of-use assets 149,732 162,444 Deposits and other noncurrent assets 18,027 14,783 Deferred tax assets 8,681 8,681 Intangible asset 8,400 8,400 Total assets $ 492,982 $ 476,947 Current liabilities: Accounts payable $ 77,478 $ 46,183 Accrued and other current liabilities 116,650 107,750 Operating lease liabilities 36,312 42,760 Borrowings under credit facility — 7,270 Current portion of term loan 16,144 16,144 Due to related parties 4,330 9,329 Income taxes payable 62 2,671 Total current liabilities 250,976 232,107 Noncurrent operating lease liabilities 145,126 155,825 Term loan 276,445 288,553 Deferred compensation 3,735 5,474 Other noncurrent liabilities 5,986 6,705 Total liabilities 682,268 688,664 Commitments and contingencies Preferred shares: $0.01 par value; 5,000,000 shares authorized; zero shares issued and outstanding at November 2, 2024 and February 3, 2024 — — Common shares: $0.01 par value; 1,000,000,000 shares authorized; 104,732,148 shares issued and outstanding at November 2, 2024; 104,204,554 shares issued and outstanding at February 3, 2024 1,049 1,043 Additional paid-in capital 138,532 135,140 Accumulated deficit (328,281 ) (347,587 ) Accumulated other comprehensive loss (586 ) (313 ) Total stockholders' deficit (189,286 ) (211,717 ) Total liabilities and stockholders' deficit $ 492,982 $ 476,947 Net income $ 19,306 $ 15,689 Adjustments to reconcile net income to net cash provided by operating activities: Write down of inventory 1,519 3,767 Operating right-of-use assets amortization 30,429 30,494 Depreciation and other amortization 27,842 28,242 Share-based compensation 4,531 5,981 Other (957 ) (1,351 ) Changes in operating assets and liabilities: Inventory 2,052 4,969 Prepaid expenses and other current assets (11,114 ) (4,578 ) Prepaid income taxes (4,056 ) (2,564 ) Deposits and other noncurrent assets (3,375 ) (6,433 ) Accounts payable 31,876 2,969 Accrued and other current liabilities 10,775 (5,954 ) Operating lease liabilities (33,527 ) (31,565 ) Other noncurrent liabilities (588 ) (468 ) Deferred compensation (1,739 ) 507 Due to related parties (4,999 ) (5,975 ) Income taxes payable (2,609 ) — Net cash provided by operating activities 65,366 33,730 Purchases of property and equipment (12,617 ) (15,228 ) Net cash used in investing activities (12,617 ) (15,228 ) Proceeds from revolving credit facility 62,780 455,110 Principal payments on revolving credit facility (70,050 ) (458,390 ) Principal payments on term loan (13,125 ) (13,125 ) Proceeds from issuances under share-based compensation plans 704 320 Withholding tax payments related to vesting of restricted stock units and awards (675 ) (249 ) Net cash used in financing activities (20,366 ) (16,334 ) Effect of foreign currency exchange rate changes on cash, cash equivalents and restricted cash (165 ) (141 ) Increase in cash, cash equivalents and restricted cash 32,218 2,027 Cash, cash equivalents and restricted cash at beginning of period 12,134 13,935 Cash, cash equivalents and restricted cash at end of period $ 44,352 $ 15,962 Cash paid during the period for interest related to the revolving credit facility and term loan $ 27,080 $ 24,852 Cash paid during the period for income taxes $ 14,200 $ 10,976 Property and equipment purchases included in accounts payable and accrued liabilities $ 1,450 $ 3,360 Net loss $ (1,194 ) $ (2,748 ) Interest expense 8,784 9,757 Other income, net of other expense (362 ) 267 Benefit from income taxes (26 ) (394 ) Depreciation and amortization (A) 8,523 8,785 Share-based compensation (B) 685 1,585 Non-cash deductions and charges (C) 112 409 Other expenses (D) 3,062 1,718 Adjusted EBITDA $ 19,584 $ 19,379 (A) Depreciation and amortization excludes amortization of debt issuance costs and original issue discount that are reflected in interest expense. (B) During the three months ended November 2, 2024 and October 28, 2023, share-based compensation includes $(0.3) million and $0.1 million, respectively, for awards that will be settled in cash as they are accounted for as share-based compensation in accordance with ASC 718, , similar to awards settled in shares. (C) Non-cash deductions and charges includes non-cash losses on property and equipment disposals and the net impact of non-cash rent expense. (D) Other expenses include certain transaction and litigation fees (including certain settlement costs) and severance costs for certain key management positions. View source version on : CONTACT: Investors Lyn Walther Media Joele Frank, Wilkinson Brimmer Katcher Michael Freitag / Arielle Rothstein / Lyle Weston KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: RETAIL ONLINE RETAIL DEPARTMENT STORES FASHION SOURCE: Torrid Holdings Inc. Copyright Business Wire 2024. PUB: 12/03/2024 04:05 PM/DISC: 12/03/2024 04:06 PM
Edwards fined $100,000 for profane language, NBA takes into account his history of profanityGiants topple Colts 45-33 to eliminate Indy from the playoff raceRuud van Nistelrooy enjoyed a dream start to his reign as Leicester manager after a 3-1 win over West Ham, whose boss Julen Lopetugui is under increasing pressure. Van Nistelrooy has replaced Steve Cooper at the King Power Stadium and saw Jamie Vardy open the scoring after just 98 seconds. Bilal El Khannouss and Patson Daka added goals after the break to ensure the Dutchman started with three points in style. Starting with a win! 🤩 Delivered by @bcgame #LEIWHU pic.twitter.com/X90nFSbMLm — Leicester City (@LCFC) December 3, 2024 His task is to keep the Foxes in the Premier League this season and after ending a five-game winless run they moved up to 15th, four points clear of the relegation zone. West Ham’s hierarchy will have seen what impact a managerial change can have as the jury remains out on Lopetegui, with away fans making their feelings clear by chanting “You’re getting sacked in the morning”. Niclas Fullkrug scored a consolation goal at the death but it counted for nothing and forthcoming games against Wolves, Bournemouth, Brighton and Southampton could determine the Spaniard’s future. When Van Nistelrooy went to bed last night, even he would not have dreamt of his side starting as well as they did as they went ahead with less than two minutes on the clock. One of the Dutchman’s first conversations following his appointment was to take Vardy to task for breaking his record for scoring in the most consecutive Premier League games nine years ago. And the veteran striker rolled back to the years as, living on the shoulder of the West Ham defence, he raced clear from El Khannouss’ through-ball and slotted into the corner. The linesman’s flag immediately went up but a lengthy VAR review ruled Vardy had timed his run perfectly and the goal stood. Vardy could have added a second from a similar move but this time Lukasz Fabianski denied him. The Dutchman quickly learned about the frailties of his side as West Ham created a raft of chances in search of an equaliser. Jarrod Bowen forced Mads Hermansen into a stretching save when he cut in from the right before Ings’ header crashed into the post and Max Kilman slipped at the crucial point from the rebound. Bowen, a constant threat, sent a ball across face of goal which evaded everyone before the England international was denied by a reflex save from the busy Hermansen. The Danish goalkeeper needed to be alert to tip over Mohammed Kudus’ deflected effort early in the second half before he was saved by the referee’s whistle after after his attempted punch went into his own goal, Tomas Soucek the man penalised. Leicester remained a threat on the counter-attack and that is how they doubled their lead just after the hour. Kasey McAteer was set clear down the left and his ball inside was perfect for El Khannouss to find the bottom corner from 15 yards. It was almost three as Fabianski produced an acrobatic save from Wilfred Ndidi’s header before Leicester needed a heroic piece of defending to keep their 2-0 lead intact. Crysencio Summerville bundled the ball goalwards and it was heading over the line until Conor Coady adjusted his feet and poked it clear. The Foxes, who also had a goal from substitute Bobby De Cordova-Reid chalked off by VAR, wrapped things up in the 90th minute when Daka broke clear and emphatically converted into the roof of the net. West Ham did get on the scoresheet when Fullkrug headed a corner home, but the game was already done.
POUGHKEEPSIE, N.Y. (AP) — Elijah Lewis scored 21 points as Marist beat Binghamton 69-51 on Sunday. Lewis also had six rebounds and six assists for the Red Foxes (9-2). Josh Pascarelli added 15 points while shooting 6 for 12, including 2 for 5 from beyond the arc and grabbed seven rebounds. Jason Schofield shot 5 of 13 from the field to finish with 10 points. The Bearcats (8-7) were led by Ben Callahan-Gold, who posted 10 points. Gavin Walsh added nine points, 11 rebounds and three steals for Binghamton. Tymu Chenery had nine points and five assists. The loss snapped the Bearcats' six-game winning streak. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .ATLANTA (AP) — Jimmy Carter, the peanut farmer who tried to restore virtue to the White House after the Watergate scandal and Vietnam War, then rebounded from a landslide defeat to become a global advocate of human rights and democracy, has died. He was 100 years old . The Carter Center said the 39th president died Sunday afternoon, more than a year after entering hospice care , at his home in Plains, Georgia, where he and his wife, Rosalynn, who died in November 2023, lived most of their lives. The center said he died peacefully, surrounded by his family. As reaction poured in from around the world, President Joe Biden mourned Carter’s death, saying the world lost an “extraordinary leader, statesman and humanitarian” and he lost a dear friend. Biden cited Carter’s compassion and moral clarity, his work to eradicate disease, forge peace, advance civil and human rights, promote free and fair elections, house the homeless and advocacy for the disadvantaged as an example for others. “To all of the young people in this nation and for anyone in search of what it means to live a life of purpose and meaning – the good life – study Jimmy Carter, a man of principle, faith, and humility,” Biden said in a statement. “He showed that we are a great nation because we are a good people – decent and honorable, courageous and compassionate, humble and strong.” Biden said he is ordering a state funeral for Carter in Washington. A moderate Democrat, Carter ran for president in 1976 as a little-known Georgia governor with a broad grin, effusive Baptist faith and technocratic plans for efficient government. His promise to never deceive the American people resonated after Richard Nixon’s disgrace and U.S. defeat in southeast Asia. “If I ever lie to you, if I ever make a misleading statement, don’t vote for me. I would not deserve to be your president,” Carter said. Carter’s victory over Republican Gerald Ford, whose fortunes fell after pardoning Nixon, came amid Cold War pressures, turbulent oil markets and social upheaval over race, women’s rights and America’s role in the world. His achievements included brokering Mideast peace by keeping Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin at Camp David for 13 days in 1978. But his coalition splintered under double-digit inflation and the 444-day hostage crisis in Iran. His negotiations ultimately brought all the hostages home alive, but in a final insult, Iran didn’t release them until the inauguration of Ronald Reagan, who had trounced him in the 1980 election. Humbled and back home in Georgia, Carter said his faith demanded that he keep doing whatever he could, for as long as he could, to try to make a difference. He and Rosalynn co-founded The Carter Center in 1982 and spent the next 40 years traveling the world as peacemakers, human rights advocates and champions of democracy and public health. Awarded the Nobel Peace Prize in 2002, Carter helped ease nuclear tensions in North and South Korea, avert a U.S. invasion of Haiti and negotiate cease-fires in Bosnia and Sudan. By 2022, the center had monitored at least 113 elections around the world. Carter was determined to eradicate guinea worm infections as one of many health initiatives. Swinging hammers into their 90s, the Carters built homes with Habitat for Humanity. The common observation that he was better as an ex-president rankled Carter. His allies were pleased that he lived long enough to see biographers and historians revisit his presidency and declare it more impactful than many understood at the time. Propelled in 1976 by voters in Iowa and then across the South, Carter ran a no-frills campaign. Americans were captivated by the earnest engineer, and while an election-year Playboy interview drew snickers when he said he “had looked on many women with lust. I’ve committed adultery in my heart many times,” voters tired of political cynicism found it endearing. The first family set an informal tone in the White House, carrying their own luggage, trying to silence the Marine Band’s traditional “Hail to the Chief" and enrolling daughter, Amy, in public schools. Carter was lampooned for wearing a cardigan and urging Americans to turn down their thermostats. But Carter set the stage for an economic revival and sharply reduced America's dependence on foreign oil by deregulating the energy industry along with airlines, trains and trucking. He established the departments of Energy and Education, appointed record numbers of women and nonwhites to federal posts, preserved millions of acres of Alaskan wilderness and pardoned most Vietnam draft evaders. Emphasizing human rights , he ended most support for military dictators and took on bribery by multinational corporations by signing the Foreign Corrupt Practices Act. He persuaded the Senate to ratify the Panama Canal treaties and normalized relations with China, an outgrowth of Nixon’s outreach to Beijing. But crippling turns in foreign affairs took their toll. When OPEC hiked crude prices, making drivers line up for gasoline as inflation spiked to 11%, Carter tried to encourage Americans to overcome “a crisis of confidence.” Many voters lost confidence in Carter instead after the infamous address that media dubbed his “malaise" speech, even though he never used that word. After Carter reluctantly agreed to admit the exiled Shah of Iran to the U.S. for medical treatment, the American Embassy in Tehran was overrun in 1979. Negotiations to quickly free the hostages broke down, and then eight Americans died when a top-secret military rescue attempt failed. Carter also had to reverse course on the SALT II nuclear arms treaty after the Soviets invaded Afghanistan in 1979. Though historians would later credit Carter's diplomatic efforts for hastening the end of the Cold war, Republicans labeled his soft power weak. Reagan’s “make America great again” appeals resonated, and he beat Carter in all but six states. Born Oct. 1, 1924, James Earl Carter Jr. married fellow Plains native Rosalynn Smith in 1946, the year he graduated from the Naval Academy. He brought his young family back to Plains after his father died, abandoning his Navy career, and they soon turned their ambitions to politics . Carter reached the state Senate in 1962. After rural white and Black voters elected him governor in 1970, he drew national attention by declaring that “the time for racial discrimination is over.” Carter published more than 30 books and remained influential as his center turned its democracy advocacy onto U.S. politics, monitoring an audit of Georgia’s 2020 presidential election results. After a 2015 cancer diagnosis, Carter said he felt “perfectly at ease with whatever comes.” “I’ve had a wonderful life,” he said. “I’ve had thousands of friends, I’ve had an exciting, adventurous and gratifying existence.” Sanz is a former Associated Press reporter.
NoneOur community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Katie Price put an end to rumours she has split from boyfriend JJ Slater this week as she headed for a joint botox appointment with the Married At First Sight star. Taking to Instagram, the former glamour model shared some clips from Chester-based aesthetics clinic 1111aestheticsjm as she filmed herself and said "Ooh it's time for some Botox". Panning the camera to JJ, whom she went public with earlier this year, she added: "All Of us!" Joking that JJ 'can't handle it' as he squeezed a stress ball in the clinic, Katie was then injected in her arm with B12 - a vitamin shot which can help prevent or treat pernicious anaemia and B-12 deficiency. The joint appointment comes after fans feared Katie and her reality TV beau JJ might have called it quits , as they appeared to spend Christmas separately. While JJ was absent, Katie joined her son Harvey and close friend Kerry Katona for festive celebrations. Despite the speculation, Katie's reps assured that she and JJ are still an item, and Katie even flaunted gifts from him on social media. Meanwhile, the pair were spotted together outside Northwich's Memorial Court, where Katie is currently starring in the Cinderella pantomime alongside her best pal Kerry . In the photos, Katie is sporting leopard print trousers and an oversized hoodie, while JJ wears a yellow T-shirt and tracksuit bottoms. Previously, Katie has opened up about making the first move with her new beau, JJ Slater from Married At First Sight , after learning about his type 1 diabetes. The former glamour model reached out to JJ, whose real name is John Joe, via Instagram following his public announcement of his condition . Their initial interaction led to a casual coffee date and eventually sparked a romance. Katie confessed that JJ had actually tried to contact her two years earlier, but she hadn't noticed his message at the time. In an intimate chat with Woman's Own, Katie shared that she wasn't on the lookout for love when she stumbled upon JJ. However, she felt compelled to reach out after hearing about his diagnosis, wanting to offer support. They struck up a conversation, and things took off from there. Katie recounted: "I'd read in the paper that he'd got diabetes. I thought, 'Wow, that's quite harsh,' as diabetes is a life-changing thing to have. I messaged and said, 'I hope you're okay with your diabetes'. And he said, 'Oh, I'm really embarrassed.' I went 'Why? ' Turns out he'd messaged me two years ago but I never saw it. It must have been deleted so it was obviously meant to be."
Dow ends at fresh record as oil prices pull back on ceasefire hopes
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