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Conditions in abandoned mine are too dangerous for crew searching for Pennsylvania woman UNITY TOWNSHIP, Pa. (AP) — An abandoned coal mine is too unstable and unsafe for rescuers looking for a 64-year-old Pennsylvania woman who may have been swallowed by a sinkhole. Authorities said Wednesday that the crumbling mine was complicating efforts and endangering the workers searching for Elizabeth Pollard. A state police spokesperson says the integrity of the mine has been compromised and that rescuers are reassessing their tactics to avoid putting themselves in danger. The search began early Tuesday, when Pollard’s family called police to say she had not been seen since going out Monday evening to look for her cat. WWE is seeking a bigger stage and Netflix, pushing for more live events, is providing it WWE will perform on a stage next month that could be vastly larger than its current home on cable television when it makes its “Raw” debut on Netflix. The sports entertainment company is moving to a platform with about 283 million subscribers worldwide as it departs its current home on the USA Network, which averaged 688,000 viewers in prime-time last year, according to the Nielsen company. For Netflix, onboarding the WWE is part of strategic move to air more live events on the heels of a hugely successful fight between Mike Tyson and Jake Paul that was viewed by more than 60 million people. Michigan court upholds light sentence for woman who killed dad in dispute over ride DETROIT (AP) — The Michigan Court of Appeals has declined to overturn a light jail sentence for a young woman who killed her father by burning him with a dangerous powder. Prosecutors said Megan Imirowicz was upset when her father couldn’t drive her to a hair appointment before her 18th birthday party. Imirowicz was sentenced to only a year in jail in 2023. She actually spent more than a year in custody because she was locked up before trial and while awaiting her punishment in suburban Detroit. Sumo wrestlers bring 1,500 years of tradition to London as the sport has an international moment LONDON (AP) — London’s Royal Albert Hall is preparing to host a different kind of spectacle: Sumo wrestling. Wrestlers put on an exhibition of heavyweight grappling to promote a tournament scheduled for next October. It marks only the second time an elite five-day tournament will be held outside Japan. The first was held in 1991 at the same venue. Organizers are hoping to whip up the kind of excitement that was generated three decades ago, when the deeply ritualistic sport attracted sell-out crowds and a national television audience. The end of an Eras tour approaches, marking a bittersweet moment for Taylor Swift fans NASHVILLE, Tenn. (AP) — The global phenomenon that is Taylor Swift’s Eras Tour is coming to an end after the popstar performed more than 150 shows across five continents over nearly two years. Since launching the tour in 2023, Swift has shattered sales and attendance records. It's even created such an economic boom that the Federal Reserve took note. But for many who attended the concerts, and the millions more who eagerly watched on their screens, the tour also became a beacon of joy. It's become a chance not only to appreciate Swift’s expansive music career, but also celebrate the yearslong journey fans have taken with her. Jury revisits key videos in NYC subway chokehold death trial NEW YORK (AP) — Jurors have asked to review police and bystander video at the heart of the New York City chokehold manslaughter case against Daniel Penny. The request came during a second day of deliberations Wednesday. The jury asked for a second look at videos captured by the body cameras of officers who responded to the subway car where Penny grabbed hold of Jordan Neely in May 2023. Neely's agitated behavior and remarks were frightening passengers. Jurors also asked to revisit Penny's interview with detectives and a bystander's video of much of the roughly six-minute restraint. And the jury also requested to rehear part of a city medical examiner’s testimony. Penny's lawyers say his actions were justified. Relatives hunt for the missing after Guinea stadium crush amid fears official death toll is too low CONAKRY, Guinea (AP) — Kambaly Kouroumah was searching a local morgue for his teenage brother, Adama, who died after chaos erupted at a soccer game in southern Guinea’s Nzerekore city. Adama, 15, was among 56 people that officials said were killed in Sunday's crush, although rights groups reported a death toll nearly three times higher. Local media, rights groups and witnesses say security forces used tear gas to respond after fans began to throw stones to protest a referee's decision during the soccer game that was organized in honor of Guinea's junta leader, Col. Mamadi Doumbouya. Many of the dead were crushed as they tried to escape through the stadium gates, videos showed. Power shortages in Ecuador are melting away the future of a small town’s ice-cream industry SALCEDO, Ecuador (AP) — Ice-cream production in this quiet Ecuadorian town began in the mid-20th century in a convent for Franciscan nuns. The nuns sold their creamy popsicles in town to gather funds for the poor. But the people of Salcedo saw a business opportunity and began experimenting with new flavors and techniques, establishing a thriving popsicle industry that has made their small town famous among ice-cream lovers. But now, the South American nation is struggling with a relentless wave of power cuts that threaten the future of Salcedo’s ice-cream industry, melting away its dreams of a more prosperous future. Senegalese artisans in the spotlight as they exhibit for the first time at a prestigious art event DAKAR, Senegal (AP) — For the artistic and cultural elites of the West African nation of Senegal, the monthlong Dakar Biennale of Contemporary African Arts is a celebratory moment. But it wasn’t until this year that the local artisans in the Soumbedioune crafts market, just off the Corniche and at the doorstep on the Medina working-class neighborhood, realized what the Biennale was. Craftsmanship is deeply rooted in the country’s culture, but its role has declined in recent years. As living costs rise, many Senegalese opt for cheaper, Chinese-imported products. And those that can afford it buy Western clothes and furniture to mark their social status. Eminem's mother Debbie Nelson, whose rocky relationship fueled the rapper's lyrics, dies at age 69 Debbie Nelson, the mother of rapper Eminem whose rocky relationship with her son was known widely through his song lyrics, has died. She was 69. Eminem’s longtime representative Dennis Dennehy confirmed Nelson’s death in an email on Tuesday. He did not provide a cause of death, although Nelson had battled lung cancer. Nelson’s fraught relationship with her son, whose real name is Marshall Mathers III, has been no secret since the Detroit rapper became a star. Nelson brought and settled two defamation lawsuits over Eminem’s statements about her in magazines and on radio talk shows. In her 2008 book, “My Son Marshall, My Son Eminem,” she attempted to set the record straight.
Recent data on child poverty in Canada showed Manitoba led the way with the highest child poverty rate, and now advocates are calling for action to lower the number. The latest data is from 2022 and it showed Manitoba had a child poverty rate of 27.1 per cent. Winnipeg Centre had the highest percentage of low-income children at 41.1 per cent, while northern Manitoba had the highest total throughout the province at 54.1 per cent. In total, 85,520 children were living in poverty in 2022, compared to just 10,560 in 2021. Kate Kehler, the executive director of the Social Planning Council of Winnipeg, said poverty puts costs on everybody, and it doesn't just affect those who live in poverty. "It costs all of us, costs us in our health...They also unfortunately end up in the justice system; they end up with mental health disorders; they end up with addictions disorders. So there's a cost of poverty," said Kehler. Advocates have released recommendations for the provincial government to act on. The main recommendation is to reduce the 2022 numbers by 50 per cent and achieve that goal by 2027. They also want the children most impacted by this—indigenous, racialized, and recent immigrants—to be prioritized. Other priority recommendations include budgeting appropriately so CFS and the Manitoba Assistance Amendment Act are resourced and supported, indexing the Health Baby Prenatal Benefit to inflation, creating an unconditional basic income guarantee program for children aging out of CFS, and supporting community-based programs that can help kids with education. Kehler said these are things the provincial government could complete. "There are things that the government can actually start on, which is even just a discussion with the federal government to actually finally declare a CERB amnesty based on income level," said Kehler. "The money is there. In previous reports, we pointed to policies that the government, both the NDP government and the previous government, came up with. They had an affordability package with the Progressive Conservatives that had they targeted that package to low-income families, 86 per cent of families could have been lifted out of poverty. And the gas tax holiday that people are so fond of. Again, we did the math; 62 per cent of families could have been lifted out of poverty, if they had taken the tax money but redirected it." Jordan Bighorn, the executive director of the Community Education Development Association, said these recommendations are a foundation for future generations to work on tackling these issues. "(They) will realize that they'll need the scientific research and data and policy development that's all going to be listed in these recommendations... They will also then have the community value, a deeper understanding of the complexity of the diverse community that we have now, and a better understanding of what it means to build relationships. And they'll marry all of this foundation of recommendation with those values, and perhaps we might see some of that transformation happen very quickly," said Bighorn. Nahanni Fontaine, Minister of Families, said Tuesday the province will be releasing its poverty reduction strategy in the near future.Mongolia’s Parliament Chair on 100 Years of Constitutional Democracy
Jake Paul has set his sights on fighting some of the sport’s established elites after beating Mike Tyson , his promotional partner has revealed. Paul won last week’s big-money fight in Texas by a unanimous decision, but the YouTuber-turned-boxer was criticised for picking a fight against the 58-year-old . However, on the back of the bout, Paul is believed to want to take his boxing career to the next level and will look to ‘test the limits of what’s possible’ in the ring. Speaking to Sky Sports , promoter Nakisa Bidarian said: "He has plenty of options. He's going to take a few days off and then we're going to sit down next week with him, his advisers, his coaches and determine the next steps. “This was an opportunity to grab the world's attention and remind them why this is such a beautiful sport. Jake played a major part in doing that in his match against Mike Tyson and strategically we positioned Katie Taylor and Amanda Serrano right before them. "In terms of what's next for Jake - whatever he wants it to be, to be honest." Speculation has been swirling around who Paul might face off against next, with Daniel Dubois and Anthony Joshua mentioned among his potential opponents. Dubois even called the 27-year-old out after the Tyson fight, posting on social media: "Hi Jake, good business on the weekend but how would you feel fighting for the legitimate heavyweight championship of the world this is Daniel Dubois calling you out. Let's get it on.” And Bidarian revealed it’s something his client would be keen to get involved with. He continued: "Jake's feedback to me was I want to do that fight [against Dubois]. Not now. But I want to do that fight. "To be a world champion at cruiserweight, he wants to do that. The other is to test the limits of expectations. Test the limits of what's possible. "This event with Mike Tyson, that tested the limits of what was possible for the world to see and him fighting Anthony Joshua or Daniel Dubois is kind of the same thing. "Jake weighed in at 227lbs but really he walks around at 215. But he'll do it for the right environment, the right framework.” Paul earned a reported £32million for the Tyson fight, but Bidarian is keen to stress the American isn’t involving himself in the sport for the cash. When quizzed on Paul’s motive, Bidarian stated: "It isn't about the money. He's made lots of money from the time he was 18 years old. It's really about disruption. "It's really about doing things that make you say: 'Wow, that really happened.' That's what excites us.”PHILADELPHIA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands including the Anthropologie, Free People, FP Movement, Urban Outfitters and Nuuly brands, today announced record third quarter net income of $102.9 million and earnings per diluted share of $1.10 for the three months ended October 31, 2024. For the nine months ended October 31, 2024, net income was $282.2 million and earnings per diluted share were $2.99. Total Company net sales for the three months ended October 31, 2024, increased 6.3% to a record $1.36 billion. Total Retail segment net sales increased 3.2%, with comparable Retail segment net sales increasing 1.5%. The increase in Retail segment comparable net sales was driven by low single-digit positive growth in both digital channel sales and retail store sales. Comparable Retail segment net sales increased 5.8% at Anthropologie and 5.3% at Free People and decreased 8.9% at Urban Outfitters. Nuuly segment net sales increased by 48.4% primarily driven by a 51% increase in average active subscribers in the current quarter versus the prior year quarter. Wholesale segment net sales increased 17.4% driven by a 20.3% increase in Free People wholesale sales due to an increase in sales to specialty customers and department stores, partially offset by a decrease in Urban Outfitters wholesale sales. For the nine months ended October 31, 2024, total Company net sales increased 6.7% to a record $3.91 billion. Total Retail segment net sales increased 4.0%, with comparable Retail segment net sales increasing 2.6%. The increase in Retail segment comparable net sales was driven by mid single-digit positive growth in digital channel sales and low single-digit positive growth in retail store sales. Comparable Retail segment net sales increased 9.3% at Free People and 7.5% at Anthropologie and decreased 10.6% at Urban Outfitters. Nuuly segment net sales increased by 53.9% primarily driven by a 50% increase in average active subscribers in the current period versus the prior year period. Wholesale segment net sales increased 12.3% driven by a 15.1% increase in Free People wholesale sales due to an increase in sales to specialty customers and department stores, partially offset by a decrease in Urban Outfitters wholesale sales. “We are pleased to announce record third quarter sales and earnings, both of which exceeded our expectations. These results were driven by outperformance across all three business segments – Retail, Subscription and Wholesale,” said Richard A. Hayne, Chief Executive Officer. “Additionally, we're optimistic about the outlook for Holiday demand and believe total comparable sales could be similar to our third quarter results,” finished Mr. Hayne. Net sales by brand and segment for the three and nine-month periods were as follows: (1) Anthropologie includes the Anthropologie and Terrain brands. (2) Free People includes the Free People and FP Movement brands. For the three months ended October 31, 2024, the gross profit rate increased by 105 basis points compared to the three months ended October 31, 2023. Gross profit dollars increased 9.4% to $497.3 million from $454.4 million in the three months ended October 31, 2023. The increase in gross profit rate for the three months ended October 31, 2024 was primarily due to higher initial merchandise markups for all segments primarily driven by Company cross-functional initiatives. Additionally, Retail segment merchandise markdowns improved driven by lower merchandise markdowns at Urban Outfitters, which were partially offset by an increase at Free People. For the nine months ended October 31, 2024, the gross profit rate increased by 80 basis points compared to the nine months ended October 31, 2023. Gross profit dollars increased 9.2% to $1.40 billion from $1.28 billion in the nine months ended October 31, 2023. The increase in gross profit rate for the nine months ended October 31, 2024 was primarily due to higher initial merchandise markups for all segments primarily driven by Company cross-functional initiatives. The increase in gross profit dollars for both periods was due to higher net sales and the improved gross profit rate. As of October 31, 2024, total inventory increased by $72.3 million, or 10.0%, compared to total inventory as of October 31, 2023. Total Retail segment inventory increased 8.1% due to a Retail segment comparable inventory increase of 3.7% and planned early receipts of holiday merchandise. Wholesale segment inventory increased by 41.6% due to the timing of receipts and to support increased sales. For the three months ended October 31, 2024, selling, general and administrative expenses increased by $23.2 million, or 6.7%, compared to the three months ended October 31, 2023, and expressed as a percentage of net sales, deleveraged 11 basis points. For the nine months ended October 31, 2024, selling, general and administrative expenses increased by $81.8 million, or 8.4%, compared to the nine months ended October 31, 2023, and expressed as a percentage of net sales, deleveraged 42 basis points. The deleverage in selling, general and administrative expenses as a rate to net sales for both periods was primarily related to increased marketing expenses to support customer growth and increased sales in the Retail and Nuuly segments. The dollar growth in selling, general and administrative expenses for both periods was primarily related to increased marketing expenses to support customer growth and increased sales in the Retail and Nuuly segments, as well as increased store payroll expenses to support the Retail segment stores comparable net sales growth. The Company’s effective tax rate for the three months ended October 31, 2024 was 24.2%, compared to 24.3% in the three months ended October 31, 2023. The Company's effective tax rate for the nine months ended October 31, 2024 was 23.6%, compared to 24.5% in the nine months ended October 31, 2023. The decrease in the effective tax rate for the three and nine months ended October 31, 2024 was primarily due to the favorable impact of equity vestings in the current year. Net income for the three months ended October 31, 2024 was a record $102.9 million or $1.10 per diluted share. Net income for the nine months ended October 31, 2024 was $282.2 million or $2.99 per diluted share. On June 4, 2019, the Company’s Board of Directors authorized the repurchase of 20 million common shares under a share repurchase program. During the nine months ended October 31, 2024, the Company repurchased and subsequently retired 1.2 million shares for approximately $52 million. As of October 31, 2024, 18.0 million common shares were remaining under the program. During the nine months ended October 31, 2024, the Company opened a total of 36 new retail locations including: 20 Free People stores (including 12 FP Movement stores), 9 Anthropologie stores and 7 Urban Outfitters stores; and closed 11 retail locations including: 5 Urban Outfitters stores, 4 Anthropologie stores and 2 Free People stores. Urban Outfitters, Inc. offers lifestyle-oriented general merchandise and consumer products and services through a portfolio of global consumer brands comprised of 264 Urban Outfitters stores in the United States, Canada and Europe and websites; 242 Anthropologie stores in the United States, Canada and Europe, catalogs and websites; 216 Free People stores (including 50 FP Movement stores) in the United States, Canada and Europe, catalogs and websites, 9 Menus & Venues restaurants, 7 Urban Outfitters franchisee-owned stores and 2 Anthropologie franchisee-owned stores as of October 31, 2024. Free People, FP Movement and Urban Outfitters wholesale sell their products through department and specialty stores worldwide, digital businesses and the Company’s Retail segment. Nuuly is a women's apparel subscription rental service which offers a wide selection of rental product from the Company's own brands, third-party brands and one-of-a-kind vintage pieces. A conference call will be held today to discuss third quarter results and will be webcast at 5:15 pm. ET at: https://edge.media-server.com/mmc/p/9zt6ekqe/. As used in this document, unless otherwise defined, "Anthropologie" refers to the Company's Anthropologie and Terrain brands and "Free People" refers to the Company's Free People and FP Movement brands. This news release is being made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Certain matters contained in this release may contain forward-looking statements. When used in this release, the words “project,” “believe,” “plan,” “will,” “anticipate,” “expect” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any one, or all, of the following factors could cause actual financial results to differ materially from those financial results mentioned in the forward-looking statements: overall economic and market conditions (including current levels of inflation) and worldwide political events and the resultant impact on consumer spending patterns and our pricing power, the difficulty in predicting and responding to shifts in fashion trends, changes in the level of competitive pricing and promotional activity and other industry factors, the effects of the implementation of the United Kingdom's withdrawal from membership in the European Union (commonly referred to as “Brexit”), including currency fluctuations, economic conditions and legal or regulatory changes, any effects of war, including geopolitical instability, impacts of the conflict in the Middle East and impacts of the war between Russia and Ukraine and from related sanctions imposed by the United States, European Union, United Kingdom and others, terrorism and civil unrest, natural disasters, severe or unseasonable weather conditions (including as a result of climate change) or public health crises (such as the coronavirus (COVID-19)), labor shortages and increases in labor costs, raw material costs and transportation costs, availability of suitable retail space for expansion, timing of store openings, risks associated with international expansion, seasonal fluctuations in gross sales, response to new concepts, our ability to integrate acquisitions, risks associated with digital sales, our ability to maintain and expand our digital sales channels, any material disruptions or security breaches with respect to our technology systems, the departure of one or more key senior executives, import risks (including any shortage of transportation capacities or delays at ports), changes to U.S. and foreign trade policies (including the enactment of tariffs, border adjustment taxes or increases in duties or quotas), the unexpected closing or disruption of, or any damage to, any of our distribution centers, our ability to protect our intellectual property rights, failure of our manufacturers and third-party vendors to comply with our social compliance program, risks related to environmental, social and governance activities, changes in our effective income tax rate, changes in accounting standards and subjective assumptions, regulatory changes and legal matters and other risks identified in our filings with the Securities and Exchange Commission. The Company disclaims any intent or obligation to update forward-looking statements even if experience or future changes make it clear that actual results may differ materially from any projected results expressed or implied therein. (Tables follow)
Conditions in abandoned mine are too dangerous for crew searching for Pennsylvania woman UNITY TOWNSHIP, Pa. (AP) — An abandoned coal mine is too unstable and unsafe for rescuers looking for a 64-year-old Pennsylvania woman who may have been swallowed by a sinkhole. Authorities said Wednesday that the crumbling mine was complicating efforts and endangering the workers searching for Elizabeth Pollard. A state police spokesperson says the integrity of the mine has been compromised and that rescuers are reassessing their tactics to avoid putting themselves in danger. The search began early Tuesday, when Pollard’s family called police to say she had not been seen since going out Monday evening to look for her cat. WWE is seeking a bigger stage and Netflix, pushing for more live events, is providing it WWE will perform on a stage next month that could be vastly larger than its current home on cable television when it makes its “Raw” debut on Netflix. The sports entertainment company is moving to a platform with about 283 million subscribers worldwide as it departs its current home on the USA Network, which averaged 688,000 viewers in prime-time last year, according to the Nielsen company. For Netflix, onboarding the WWE is part of strategic move to air more live events on the heels of a hugely successful fight between Mike Tyson and Jake Paul that was viewed by more than 60 million people. Michigan court upholds light sentence for woman who killed dad in dispute over ride DETROIT (AP) — The Michigan Court of Appeals has declined to overturn a light jail sentence for a young woman who killed her father by burning him with a dangerous powder. Prosecutors said Megan Imirowicz was upset when her father couldn’t drive her to a hair appointment before her 18th birthday party. Imirowicz was sentenced to only a year in jail in 2023. She actually spent more than a year in custody because she was locked up before trial and while awaiting her punishment in suburban Detroit. Sumo wrestlers bring 1,500 years of tradition to London as the sport has an international moment LONDON (AP) — London’s Royal Albert Hall is preparing to host a different kind of spectacle: Sumo wrestling. Wrestlers put on an exhibition of heavyweight grappling to promote a tournament scheduled for next October. It marks only the second time an elite five-day tournament will be held outside Japan. The first was held in 1991 at the same venue. Organizers are hoping to whip up the kind of excitement that was generated three decades ago, when the deeply ritualistic sport attracted sell-out crowds and a national television audience. The end of an Eras tour approaches, marking a bittersweet moment for Taylor Swift fans NASHVILLE, Tenn. (AP) — The global phenomenon that is Taylor Swift’s Eras Tour is coming to an end after the popstar performed more than 150 shows across five continents over nearly two years. Since launching the tour in 2023, Swift has shattered sales and attendance records. It's even created such an economic boom that the Federal Reserve took note. But for many who attended the concerts, and the millions more who eagerly watched on their screens, the tour also became a beacon of joy. It's become a chance not only to appreciate Swift’s expansive music career, but also celebrate the yearslong journey fans have taken with her. Jury revisits key videos in NYC subway chokehold death trial NEW YORK (AP) — Jurors have asked to review police and bystander video at the heart of the New York City chokehold manslaughter case against Daniel Penny. The request came during a second day of deliberations Wednesday. The jury asked for a second look at videos captured by the body cameras of officers who responded to the subway car where Penny grabbed hold of Jordan Neely in May 2023. Neely's agitated behavior and remarks were frightening passengers. Jurors also asked to revisit Penny's interview with detectives and a bystander's video of much of the roughly six-minute restraint. And the jury also requested to rehear part of a city medical examiner’s testimony. Penny's lawyers say his actions were justified. Relatives hunt for the missing after Guinea stadium crush amid fears official death toll is too low CONAKRY, Guinea (AP) — Kambaly Kouroumah was searching a local morgue for his teenage brother, Adama, who died after chaos erupted at a soccer game in southern Guinea’s Nzerekore city. Adama, 15, was among 56 people that officials said were killed in Sunday's crush, although rights groups reported a death toll nearly three times higher. Local media, rights groups and witnesses say security forces used tear gas to respond after fans began to throw stones to protest a referee's decision during the soccer game that was organized in honor of Guinea's junta leader, Col. Mamadi Doumbouya. Many of the dead were crushed as they tried to escape through the stadium gates, videos showed. Power shortages in Ecuador are melting away the future of a small town’s ice-cream industry SALCEDO, Ecuador (AP) — Ice-cream production in this quiet Ecuadorian town began in the mid-20th century in a convent for Franciscan nuns. The nuns sold their creamy popsicles in town to gather funds for the poor. But the people of Salcedo saw a business opportunity and began experimenting with new flavors and techniques, establishing a thriving popsicle industry that has made their small town famous among ice-cream lovers. But now, the South American nation is struggling with a relentless wave of power cuts that threaten the future of Salcedo’s ice-cream industry, melting away its dreams of a more prosperous future. Senegalese artisans in the spotlight as they exhibit for the first time at a prestigious art event DAKAR, Senegal (AP) — For the artistic and cultural elites of the West African nation of Senegal, the monthlong Dakar Biennale of Contemporary African Arts is a celebratory moment. But it wasn’t until this year that the local artisans in the Soumbedioune crafts market, just off the Corniche and at the doorstep on the Medina working-class neighborhood, realized what the Biennale was. Craftsmanship is deeply rooted in the country’s culture, but its role has declined in recent years. As living costs rise, many Senegalese opt for cheaper, Chinese-imported products. And those that can afford it buy Western clothes and furniture to mark their social status. Eminem's mother Debbie Nelson, whose rocky relationship fueled the rapper's lyrics, dies at age 69 Debbie Nelson, the mother of rapper Eminem whose rocky relationship with her son was known widely through his song lyrics, has died. She was 69. Eminem’s longtime representative Dennis Dennehy confirmed Nelson’s death in an email on Tuesday. He did not provide a cause of death, although Nelson had battled lung cancer. Nelson’s fraught relationship with her son, whose real name is Marshall Mathers III, has been no secret since the Detroit rapper became a star. Nelson brought and settled two defamation lawsuits over Eminem’s statements about her in magazines and on radio talk shows. In her 2008 book, “My Son Marshall, My Son Eminem,” she attempted to set the record straight.Star Bulk Carriers's SBLK short percent of float has fallen 4.65% since its last report. The company recently reported that it has 1.39 million shares sold short , which is 1.23% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.09 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish. See Also: List of the most shorted stocks Star Bulk Carriers Short Interest Graph (3 Months) As you can see from the chart above the percentage of shares that are sold short for Star Bulk Carriers has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted. Comparing Star Bulk Carriers's Short Interest Against Its Peers Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis. According to Benzinga Pro , Star Bulk Carriers's peer group average for short interest as a percentage of float is 2.76%, which means the company has less short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it. This article was generated by Benzinga's automated content engine and was reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
More targets bombed in Yemen; another missile fired at Tel Aviv. Israel bombed Yemen yet again, hitting the main airport and port city. Israeli Prime Minister Benjamin Netanyahu warned there is more to come. In response, another Houthi missile was fired at Tel Aviv. So, how dangerous are these escalating hostilities? Presenter: James Bays Guests: Mustapha Noman – Former Yemeni deputy foreign minister Yossi Beilin – Former Israeli cabinet minister Elijah Magnier – Military and political analyst and Middle East specialist Hussain al-Bukhaiti – Pro-Houthi journalist and political commentator
SEATTLE , Nov. 26, 2024 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported third quarter net earnings of $46 million , or earnings per diluted share ("EPS") of $0.27 , and earnings before interest and taxes ("EBIT") of $83 million . Excluding a charge related to accelerated technology depreciation, the Company reported adjusted EBIT of $97 million and adjusted EPS of $0.33 .[1] For the third quarter ended November 2, 2024, net sales increased 4.6 percent versus the same period in fiscal 2023, and total Company comparable sales increased 4.0 percent. Gross merchandise value ("GMV") increased 5.3 percent. Anniversary Sale timing, with one week shifting from the third quarter to the second quarter, had a negative impact of approximately 100 basis points on net sales compared with 2023. During the quarter, Nordstrom banner net sales increased 1.3 percent and comparable sales increased 4.0 percent. Net sales for Nordstrom Rack increased 10.6 percent and comparable sales increased 3.9 percent. "The continued sales growth across the company and strong gross margin in the third quarter indicate our team's focus and efforts are working," said Erik Nordstrom , chief executive officer of Nordstrom, Inc. "Our customers have a lot of choices, and our results give us encouragement that we're on the right path. Looking ahead, we'll continue to improve our shopping experience as we strive to maintain the positive momentum we've worked towards all year." In the third quarter, women's apparel and active had double-digit growth, and shoes, men's apparel and kids were up mid to high single-digits, versus 2023. Growth in women's apparel, shoes and men's apparel accelerated sequentially from the second quarter. "Our third quarter results demonstrate that our strategic focus on curating a compelling brand assortment is resonating with customers," said Pete Nordstrom , president of Nordstrom, Inc. "Our actions throughout this year have led to this moment, and we feel well-positioned for a successful holiday season and look forward to helping our customers celebrate the moments that matter. I'm grateful to our dedicated team for consistently delivering the high level of service our customers have come to expect from Nordstrom." As previously announced, the board of directors declared a quarterly cash dividend of $0.19 per share, payable on December 18, 2024, to shareholders of record at the close of business on December 3, 2024. THIRD QUARTER 2024 SUMMARY STORES UPDATE To date in fiscal 2024, the Company has opened 23 stores: City Location Square Footage (000s) Timing of Opening Nordstrom Rack Pinole, CA Pinole Vista Crossing 23 March 7, 2024 Snellville, GA Presidential Markets 35 March 7, 2024 Kennesaw, GA Barrett Place 25 March 21, 2024 Macedonia, OH Macedonia Gateway 28 April 11, 2024 Gilroy, CA Gilroy Crossing 25 April 25, 2024 Jacksonville Beach, FL South Beach Regional 30 May 2, 2024 Queen Creek, AZ Queen Creek Marketplace 28 May 16, 2024 Elk Grove, CA The Ridge Elk Grove 25 May 30, 2024 Wheaton, IL Danada Square East 29 May 30, 2024 Oceanside, CA Pacific Coast Plaza 32 June 6, 2024 Bay Shore, NY Gardiner Manor Mall 24 June 13, 2024 San Antonio, TX Bandera Pointe 24 September 5, 2024 Franklin, TN Cool Springs Market 24 September 5, 2024 San Mateo, CA Bridgepointe Shopping Center 36 September 12, 2024 San Diego, CA Clairemont Town Square 25 September 19, 2024 Mooresville, NC Mooresville Crossing 28 September 26, 2024 Houston, TX Meyerland Plaza 34 September 26, 2024 Mason, OH Deerfield Towne Center 30 October 3, 2024 Raleigh, NC Triangle Town Place 32 October 10, 2024 Fort Myers, FL Bell Tower 31 October 17, 2024 Noblesville, IN Hamilton Town Center 25 October 17, 2024 Omaha, NE Village Pointe 30 October 24, 2024 Tarzana, CA Village Walk 25 November 1, 2024 The Company has also announced plans to open the following stores: City Location Square Footage (000s) Timing of Opening Nordstrom Rack Davis, CA The Davis Collection 25 Spring 2025 Matthews, NC Sycamore Commons 25 Spring 2025 Geneva, IL Randall Square 25 Spring 2025 Manalapan Township, NJ Manalapan Commons 26 Spring 2025 Apple Valley, MN Fischer Marketplace 30 Spring 2025 Houston, TX Westchase Shopping Center 30 Spring 2025 Morrisville, NC Park West Village 25 Spring 2025 Coral Springs, FL Pine Ridge Square 31 Fall 2025 Surprise, AZ Prasada North 26 Fall 2025 Holbrook, NY The Shops at SunVet 27 Fall 2025 Hyannis, MA The Landing at Hyannis 25 Fall 2025 Prosper, TX The Gates of Prosper 26 Fall 2025 Melbourne, FL The Avenue Viera 24 Fall 2025 Meridian, ID The Village at Meridian 25 Fall 2025 Lakeland, FL Lakeside Village 30 Fall 2025 Sarasota, FL Sarasota Pavilion 27 Spring 2026 The Company had the following store counts as of quarter-end: November 2, 2024 October 28, 2023 Nordstrom Nordstrom 93 93 Nordstrom Local service hubs 6 6 ASOS | Nordstrom — 1 Nordstrom Rack Nordstrom Rack 280 258 Last Chance clearance stores 2 2 Total 381 360 Gross store square footage 26,874,000 26,305,000 During the third quarter, the Company closed one Nordstrom Rack store. FISCAL YEAR 2024 OUTLOOK The Company updated its financial outlook for fiscal 2024, which reflects the estimated accelerated technology depreciation impacts expected in the fourth quarter of fiscal 2024: CONFERENCE CALL INFORMATION The Company's senior management will host a conference call to provide a business update and to discuss third quarter 2024 financial results and fiscal 2024 outlook at 4:45 p.m. EST today. To listen to the live call online and view the speakers' prepared remarks and the conference call slides, visit the Investor Relations section of the Company's corporate website at investor. nordstrom .com . An archived webcast with the speakers' prepared remarks and the conference call slides will be available in the Quarterly Results section for one year. Interested parties may also dial 201-689-8354. A telephone replay will be available beginning approximately three hours after the conclusion of the call by dialing 877-660-6853 or 201-612-7415 and entering Conference ID 13750079, until the close of business on December 3, 2024. ABOUT NORDSTROM At Nordstrom, Inc. (NYSE: JWN), we exist to help our customers feel good and look their best. Since starting as a shoe store in 1901, how to best serve customers has been at the center of every decision we make. This heritage of service is the foundation we're building on as we provide convenience and true connection for our customers. Our interconnected model enables us to serve customers when, where and how they want to shop – whether that's in-store at more than 350 Nordstrom, Nordstrom Local and Nordstrom Rack locations or digitally through our Nordstrom and Rack apps and websites. Through it all, we remain committed to leaving the world better than we found it. Certain statements in this press release contain or may suggest "forward-looking" information (as defined in the Private Securities Litigation Reform Act of 1995) that involves risks and uncertainties that could cause results to be materially different from expectations. The words "will," "may," "designed to," "outlook," "believes," "should," "targets," "anticipates," "assumptions," "plans," "expects" or "expectations," "intends," "estimates," "forecasts," "guidance" and similar expressions identify certain of these forward-looking statements. The Company also may provide forward-looking statements in oral statements or other written materials released to the public. All statements contained or incorporated in this press release or in any other public statements that address such future events or expectations are forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended February 3, 2024, our Form 10-Q for the fiscal quarter ended May 4, 2024 , our Form 10-Q for the fiscal quarter ended August 3, 2024 and our Form 10-Q for the fiscal quarter ended November 2, 2024 , to be filed with the SEC on or about December 5, 2024 . In addition, forward-looking statements contained in this release may be impacted by the actual outcome of events or occurrences related to the Company's announcement of the exploration of possible avenues to enhance shareholder value, including consideration by a special committee of the board of directors of a proposal brought forward by members of the Nordstrom family to take the Company private. These forward-looking statements are not guarantees of future performance and speak only as of the date made, and, except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances. In addition, the actual timing, price, manner and amounts of future share repurchases, if any, will be subject to the discretion of our board of directors, contractual commitments, market and economic conditions and applicable Securities and Exchange Commission rules. This earnings release includes references to websites, website addresses and additional materials, including reports and blogs, found on those websites. The content of any websites and materials named, hyperlinked or otherwise referenced in this earnings release are not incorporated by reference into this earnings release or in any other report or document we file with the SEC, and any references to such websites and materials are intended to be inactive textual references only. The information on those websites is not part of this earnings release. NORDSTROM, INC. CONSOLIDATED STATEMENTS OF EARNINGS (unaudited; amounts in millions, except per share amounts) Quarter Ended Nine Months Ended November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Net sales $3,347 $3,200 $10,353 $9,926 Credit card revenues, net 117 120 339 347 Total revenues 3,464 3,320 10,692 10,273 Cost of sales and related buying and occupancy costs (2,156) (2,080) (6,760) (6,488) Selling, general and administrative expenses (1,225) (1,163) (3,680) (3,466) Canada wind-down costs — 25 — (284) Earnings before interest and income taxes 83 102 252 35 Interest expense, net (26) (24) (79) (78) Earnings (loss) before income taxes 57 78 173 (43) Income tax (expense) benefit (11) (11) (45) 43 Net earnings $46 $67 $128 $— Earnings per share: Basic $0.28 $0.41 $0.78 $— Diluted $0.27 $0.41 $0.76 $— Weighted-average shares outstanding: Basic 164.6 162.0 164.0 161.5 Diluted 169.8 163.6 168.1 161.5 Percent of net sales: Gross profit 35.6 % 35.0 % 34.7 % 34.6 % Selling, general and administrative expenses 36.6 % 36.3 % 35.5 % 34.9 % Earnings before interest and income taxes 2.5 % 3.2 % 2.4 % 0.4 % NORDSTROM, INC. CONSOLIDATED BALANCE SHEETS (unaudited; amounts in millions) November 2, 2024 February 3, 2024 October 28, 2023 Assets Current assets: Cash and cash equivalents $397 $628 $375 Accounts receivable, net 544 334 322 Merchandise inventories 2,780 1,888 2,626 Prepaid expenses and other current assets 311 286 392 Total current assets 4,032
Hudson Meek, the 16-year-old actor who appeared in “Baby Driver,” died last week after falling from a moving vehicle in Vestavia Hills, Alabama, according to CNN affiliate WVTM. The teen sustained blunt force trauma in the fall on Dec. 19 and was admitted to the University of Alabama at Birmingham Hospital, where he died from his injuries on Dec. 21, the Jefferson County Coroner’s office told CNN affiliate WVTM . “His 16 years on this earth were far too short, but he accomplished so much and significantly impacted everyone he met,” reads a post on his Instagram account . Hudson Meek attends the "A Different Man" premiere during the Deauville American Film Festival in Deauville, France, on September 9. Francois G. Durand/Getty Images/File via CNN Newsource Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | RSS Feed | SoundStack The teen actor had various acting and voice over credits, most notably playing a younger version of Ansel Elgort’s character Baby in 2017 movie “Baby Driver.” People are also reading... Meek also voiced the lead in “Badanamu Stories” — a children’s show that examines themes relevant to preschoolers, according to IMDb . He also appeared in shows including NBC’s “Found” and The CW’s “Legacies,” as well as the recently released thriller “The School Duel.” Meek’s obituary described the teenager as a “reflective and thoughtful” avid traveler and fan of the outdoors. “He loved snow-skiing and could easily navigate the hardest trails that no one else in the family would dare attempt,” the obituary read. “One of his favorite places to be was at the lake, tubing and wakeboarding.” The Vestavia Hills Police Department is still investigating the circumstances surrounding Meek’s death, WTVM reported. CNN has reached out to Vestavia Hills police for more information on the incident. Photos: Notable deaths in 2024 Andreas Brehme Germany players celebrate after Andreas Brehme, left on ground, scores the winning goal in the World Cup soccer final match against Argentina, in the Olympic Stadium, in Rome, July 8, 1990. Andreas Brehme, who scored the only goal as West Germany beat Argentina to win the 1990 World Cup final, died Feb. 20, 2024. He was 63. AP Photo/Carlo Fumagalli, File Brian Mulroney Brian Mulroney, the former prime minister of Canada, listens during a Senate Foreign Relations Committee hearing on the Canada-U.S.-Mexico relationship, Tuesday, Jan. 30, 2018, on Capitol Hill in Washington. Mulroney died at the age of 84 on Feb. 29, 2024. Jacquelyn Martin The Rev. James Lawson Jr. The Rev. James Lawson Jr. speaks Sept. 17, 2015, in Murfreesboro, Tenn. Lawson Jr., an apostle of nonviolent protest who schooled activists to withstand brutal reactions from white authorities as the Civil Rights Movement gained traction, has died, his family said Monday. He was 95. His family said Lawson died on Sunday after a short illness in Los Angeles, where he spent decades working as a pastor, labor movement organizer and university professor. Lawson was a close adviser to the Rev. Martin Luther King Jr., who called him “the leading theorist and strategist of nonviolence in the world.” Lawson met King in 1957, after spending three years in India soaking up knowledge about Mohandas K. Gandhi’s independence movement. King would travel to India himself two years later, but at the time, he had only read about Gandhi in books. Mark Humphrey, Associated Press Jerry West Basketball Hall of Fame inductee Jerry West, representing the 1960 USA Olympic Team, is seen Aug. 13, 2010, during the enshrinement news conference at the Hall of Fame Museum in Springfield, Mass. Jerry West, who was selected to the Basketball Hall of Fame three times in a storied career as a player and executive, and whose silhouette is considered to be the basis of the NBA logo, died June 12, the Los Angeles Clippers announced. He was 86. West, nicknamed “Mr. Clutch” for his late-game exploits as a player, was an NBA champion who went into the Hall of Fame as a player in 1980 and again as a member of the gold medal-winning 1960 U.S. Olympic Team in 2010. He will be enshrined for a third time later this year as a contributor, and NBA Commissioner Adam Silver called West “one of the greatest executives in sports history.” Elise Amendola, Associated Press Ron Simons Actor and director Ron Simons, seen Jan. 23, 2011, during the 2011 Sundance Film Festival, died June 12. Simons turned into a formidable screen and stage producer, winning four Tony Awards and having several films selected at the Sundance Film Festival. He won Tonys for producing “Porgy and Bess,” “A Gentleman’s Guide to Love and Murder,” “Vanya and Sonia and Masha and Spike,” and “Jitney.” He also co-produced “Hughie,” with Forest Whitaker, “The Gin Game,” starring Cicely Tyson and James Earl Jones, “Ain’t Too Proud: The Life and Times of The Temptations,” an all-Black production of “A Streetcar Named Desire,” the revival of "for colored girls who have considered suicide/when the rainbow is enuf" and the original work “Thoughts of a Colored Man.” He was in the films “27 Dresses” and “Mystery Team,” as well as on the small screen in “The Resident,” “Law & Order,” “Law & Order: Criminal Intent” and “Law & Order: SVU.” Victoria Will, Associated Press Bob Schul Bob Schul of West Milton, Ohio, hits the tape Oct. 18, 1964, to win the 5,000 meter run at the Olympic Games in Tokyo. Schul, the only American distance runner to win the 5,000 meters at the Olympics, died June 16. He was 86. His death was announced by Miami University in Ohio , where Schul shined on the track and was inducted into the school’s hall of fame in 1973. Schul predicted gold leading into the 1964 Tokyo Olympics and followed through with his promise. On a rainy day in Japan, he finished the final lap in a blistering 54.8 seconds to sprint to the win. His white shorts were covered in mud at the finish. He was inducted into the USA Track and Field Hall of Fame in 1991. He also helped write a book called “In the Long Run.” Associated Press Willie Mays San Francisco Giants superstar Willie Mays poses for a photo during baseball spring training in 1972. Mays, the electrifying “Say Hey Kid” whose singular combination of talent, drive and exuberance made him one of baseball’s greatest and most beloved players, died June 18. He was 93. The center fielder, who began his professional career in the Negro Leagues in 1948, had been baseball’s oldest living Hall of Famer. He was voted into the Hall in 1979, his first year of eligibility, and in 1999 followed only Babe Ruth on The Sporting News’ list of the game’s top stars. The Giants retired his uniform number, 24, and set their AT&T Park in San Francisco on Willie Mays Plaza. Mays died two days before a game between the Giants and St. Louis Cardinals to honor the Negro Leagues at Rickwood Field in Birmingham , Alabama. Over 23 major league seasons, virtually all with the New York/San Francisco Giants but also including one in the Negro Leagues, Mays batted .301, hit 660 home runs, totaled 3,293 hits, scored more than 2,000 runs and won 12 Gold Gloves. He was Rookie of the Year in 1951, twice was named the Most Valuable Player and finished in the top 10 for the MVP 10 other times. His lightning sprint and over-the-shoulder grab of an apparent extra base hit in the 1954 World Series remains the most celebrated defensive play in baseball history. For millions in the 1950s and ’60s and after, the smiling ballplayer with the friendly, high-pitched voice was a signature athlete and showman during an era when baseball was still the signature pastime. Awarded the Medal of Freedom by President Barack Obama in 2015, Mays left his fans with countless memories. But a single feat served to capture his magic — one so untoppable it was simply called “The Catch.” Associated Press Donald Sutherland Actor Donald Sutherland appears Oct. 13, 2017, at the Academy of Motion Picture Arts and Sciences in Beverly Hills, Calif. Sutherland, the Canadian actor whose wry, arrestingly off-kilter screen presence spanned more than half a century of films from “M.A.S.H.” to “The Hunger Games,” died June 20. He was 88. Kiefer Sutherland said on X he believed his father was one of the most important actors in the history of film: “Never daunted by a role, good, bad or ugly. He loved what he did and did what he loved, and one can never ask for more than that.” The tall and gaunt Sutherland, who flashed a grin that could be sweet or diabolical, was known for offbeat characters like Hawkeye Pierce in Robert Altman's "M.A.S.H.," the hippie tank commander in "Kelly's Heroes" and the stoned professor in "Animal House." Before transitioning into a long career as a respected character actor, Sutherland epitomized the unpredictable, antiestablishment cinema of the 1970s. He never stopped working, appearing in nearly 200 films and series. Over the decades, Sutherland showed his range in more buttoned-down — but still eccentric — roles in Robert Redford's "Ordinary People" and Oliver Stone's "JFK." More, recently, he starred in the “Hunger Games” films. A memoir, “Made Up, But Still True,” is due out in November. Chris Pizzello, Associated Press Bill Cobbs Actor Bill Cobbs, a cast member in "Get Low," arrives July 27, 2010, at the premiere of the film in Beverly Hills, Calif. Cobbs, the veteran character actor who became a ubiquitous and sage screen presence as an older man, died June 25. He was 90. A Cleveland native, Cobbs acted in such films as “The Hudsucker Proxy,” “The Bodyguard” and “Night at the Museum.” He made his first big-screen appearance in a fleeting role in 1974's “The Taking of Pelham One Two Three." He became a lifelong actor with some 200 film and TV credits. The lion share of those came in his 50s, 60s, and 70s, as filmmakers and TV producers turned to him again and again to imbue small but pivotal parts with a wizened and worn soulfulness. Cobbs appeared on television shows including “The Sopranos," “The West Wing,” “Sesame Street” and “Good Times.” He was Whitney Houston's manager in “The Bodyguard” (1992), the mystical clock man of the Coen brothers' “The Hudsucker Proxy” (1994) and the doctor of John Sayles' “Sunshine State” (2002). He played the coach in “Air Bud” (1997), the security guard in “Night at the Museum” (2006) and the father on “The Gregory Hines Show." Cobbs rarely got the kinds of major parts that stand out and win awards. Instead, Cobbs was a familiar and memorable everyman who left an impression on audiences, regardless of screen time. He won a Daytime Emmy Award for outstanding limited performance in a daytime program for the series “Dino Dana” in 2020. Chris Pizzello, Associated Press Kinky Friedman Independent gubernatorial candidate Kinky Friedman speaks with the media Nov. 7, 2009, at his campaign headquarters in Austin, Texas. The singer, songwriter, satirist and novelist, who led the alt-country band Texas Jewboys, toured with Bob Dylan, sang with Willie Nelson, and dabbled in politics with campaigns for Texas governor and other statewide offices, died June 27. He was 79 and had suffered from Parkinson's disease. Often called “The Kinkster" and sporting sideburns, a thick mustache and cowboy hat, Friedman earned a cult following and reputation as a provocateur throughout his career across musical and literary genres. In the 1970s, his satirical country band Kinky Friedman and the Texas Jewboys wrote songs with titles such as “They Ain't Makin' Jews Like Jesus Anymore” and “Get Your Biscuits in the Oven and Your Buns in Bed.” Friedman joined part of Bob Dylan's Rolling Thunder Revue tour in 1976. By the 1980s, Friedman was writing crime novels that often included a version of himself, and he wrote a column for Texas Monthly magazine in the 2000s. Friedman's run at politics brought his brand of irreverence to the serious world of public policy. In 2006, Friedman ran for governor as an independent in a five-way race that included incumbent Republican Rick Perry. Friedman launched his campaign against the backdrop of the Alamo. Eric Gay, Associated Press Martin Mull Martin Mull participates in "The Cool Kids" panel during the Fox Television Critics Association Summer Press Tour on Aug. 2, 2018, at The Beverly Hilton hotel in Beverly Hills, Calif. Mull, whose droll, esoteric comedy and acting made him a hip sensation in the 1970s and later a beloved guest star on sitcoms including “Roseanne” and “Arrested Development,” died June 28. He was 80. Mull, who was also a guitarist and painter, came to national fame with a recurring role on the Norman Lear-created satirical soap opera “Mary Hartman, Mary Hartman,” and the starring role in its spinoff, “Fernwood Tonight." His first foray into show business was as a songwriter, penning the 1970 semi-hit “A Girl Named Johnny Cash” for singer Jane Morgan. He would combine music and comedy in an act that he brought to hip Hollywood clubs in the 1970s. Mull often played slightly sleazy, somewhat slimy and often smarmy characters as he did as Teri Garr's boss and Michael Keaton's foe in 1983's “Mr. Mom.” He played Colonel Mustard in the 1985 movie adaptation of the board game “Clue,” which, like many things Mull appeared in, has become a cult classic. The 1980s also brought what many thought was his best work, “A History of White People in America,” a mockumentary that first aired on Cinemax. Mull co-created the show and starred as a “60 Minutes” style investigative reporter investigating all things milquetoast and mundane. Willard was again a co-star. In the 1990s he was best known for his recurring role on several seasons on “Roseanne,” in which he played a warmer, less sleazy boss to the title character, an openly gay man whose partner was played by Willard, who died in 2020 . Mull would later play private eye Gene Parmesan on “Arrested Development,” a cult-classic character on a cult-classic show, and would be nominated for an Emmy, his first, in 2016 for a guest run on “Veep.” Willy Sanjuan, Invision Robert Towne Screenwriter Robert Towne poses at The Regency Hotel, March 7, 2006, in New York. Towne, the Oscar-winning screenplay writer of "Shampoo," "The Last Detail" and other acclaimed films whose work on "Chinatown" became a model of the art form and helped define the jaded allure of his native Los Angeles, died Monday, July 1, 2024, surrounded by family at his home in Los Angeles, said publicist Carri McClure. She declined to comment on any cause of death. Jim Cooper - stringer, ASSOCIATED PRESS Vic Seixas Vic Seixas of the United States backhands a volley from Denmark's Jurgen Ulrich in the first round of men's singles match at Wimbledon, England, June 27, 1967. Vic Seixas, a Wimbledon winner and tennis Hall of Famer who was the oldest living Grand Slam champion, has died July 5 at the age of 100. The International Tennis Hall of Fame announced Seixas’ death on Saturday July 6, 2024, based on confirmation from his daughter Tori. AP Photo/File James Inhofe In this June 30, 2020, file photo, Sen. James Inhofe, R-Okla., speaks to reporters following a GOP policy meeting on Capitol Hill in Washington. Former Sen. Jim Inhofe of Oklahoma died July 9. He was 89. The family says in a statement that the Republican had a stroke during the July Fourth holiday and died Tuesday morning. Inhofe was a powerful fixture in state politics for decades. He doubted that climate change was caused by human activity, calling the theory “the greatest hoax ever perpetrated on the American people.” As Oklahoma’s senior U.S. senator, he was a staunch supporter of the state’s military installations. He was elected to a fifth Senate term in 2020 and stepped down in early 2023. Manuel Balce Ceneta Joe Bonsall The Oak Ridge Boys, from left, Joe Bonsall, Richard Sterban, Duane Allen and William Lee Golden hold their awards for Top Vocal Group and Best Album of the Year for "Ya'll Come Back Saloon", during the 14th Annual Academy of Country Music Awards in Los Angeles, Calif., May 3, 1979. Bonsall died on July 9, 2024, from complications of Amyotrophic Lateral Sclerosis in Hendersonville, Tenn. He was 76. A Philadelphia native and resident of Hendersonville, Tennessee, Bonsall joined the Oak Ridge Boys in 1973, which originally formed in the 1940s. He saw the band through its golden period in the '80s and beyond, which included their signature 1981 song “Elvira.” The hit marked a massive crossover moment for the group, reaching No. 1 on the country chart and No. 5 on Billboard’s all-genre Hot 100. The group is also known for such hits as 1982’s “Bobbie Sue." Lennox Mclendon - staff, ASSOCIATED PRESS Shelley Duvall Shelley Duvall poses for photographers at the 30th Cannes Film Festival in France, May 27, 1977. Duvall, whose wide-eyed, winsome presence was a mainstay in the films of Robert Altman and who co-starred in Stanley Kubrick's “The Shining,” died July 11. She was 75. Jean-Jacques Levy - staff, ASSOCIATED PRESS Dr. Ruth Westheimer Dr. Ruth Westheimer holds a copy of her book "Sex for Dummies" at the International Frankfurt Book Fair 'Frankfurter Buchmesse' in Frankfurt, Germany, Thursday, Oct. 11, 2007. Westheimer, the sex therapist who became a pop icon, media star and best-selling author through her frank talk about once-taboo bedroom topics, died on July 12, 2024. She was 96. Bernd Kammerer - stringer, ASSOCIATED PRESS Richard Simmons Richard Simmons sits for a portrait in Los Angeles, June 23, 1982. Simmons, a fitness guru who urged the overweight to exercise and eat better, died July 13 at the age of 76. Simmons was a court jester of physical fitness who built a mini-empire in his trademark tank tops and short shorts by urging the overweight to exercise and eat better. Simmons was a former 268-pound teen who shared his hard-won weight loss tips as the host of the Emmy-winning daytime “Richard Simmons Show" and the “Sweatin' to the Oldies” line of exercise videos, which became a cultural phenomenon. Richard Drew - staff, ASSOCIATED PRESS Jacoby Jones Former NFL receiver Jacoby Jones died July 14 at age 40. Jones' 108-yard kickoff return in 2013 remains the longest touchdown in Super Bowl history. The Houston Texans were Jones’ team for the first five seasons of his career. They announced his death on Sunday. In a statement released by the NFL Players Association, his family said he died at his home in New Orleans. A cause of death was not given. Jones played from 2007-15 for the Texans, Baltimore Ravens, San Diego Chargers and Pittsburgh Steelers. He made several huge plays for the Ravens during their most recent Super Bowl title season, including that kick return. AP File Photo Shannen Doherty The "Beverly Hills, 90210" star whose life and career were roiled by tabloid stories, Shannen Doherty died July 13 at 53. Doherty's publicist said the actor died Saturday following years with breast cancer. Catapulted to fame as Brenda in “Beverly Hills, 90210,” she worked in big-screen films including "Mallrats" and "Jay and Silent Bob Strike Back" and in TV movies including "A Burning Passion: The Margaret Mitchell Story," in which she played the "Gone with the Wind" author. Doherty co-starred with Holly Marie Combs and Alyssa Milano in the series “Charmed” from 1998-2001; appeared in the “90210” sequel series seven years later and competed on “Dancing with the Stars” in 2010. Peter Kramer, Associated Press James Sikking Actor James Sikking poses for a photograph at the Los Angeles gala celebrating the 20th anniversary of the National Organization for Women, Dec. 1, 1986. Sikking, who starred as a hardened police lieutenant on “Hill Street Blues” and as the titular character's kindhearted dad on “Doogie Howser, M.D.,” died July 13 of complications from dementia, his publicist Cynthia Snyder said in a statement. He was 90. Avery - staff, ASSOCIATED PRESS Pat Williams Pat Williams chats with media before the 2004 NBA draft in Orlando, Fla. Williams, a co-founder of the Orlando Magic and someone who spent more than a half-century working within the NBA, died July 17 from complications related to viral pneumonia. The team announced the death Wednesday. Williams was 84. He started his NBA career as business manager of the Philadelphia 76ers in 1968, then had stints as general manager of the Chicago Bulls, the Atlanta Hawks and the 76ers — helping that franchise win a title in 1983. Williams was later involved in starting the process of bringing an NBA team to Orlando. The league’s board of governors granted an expansion franchise in 1987, and the team began play in 1989. AP File Photo Lou Dobbs Lou Dobbs speaks Feb. 24, 2017, at the Conservative Political Action Conference in Oxon Hill, Md. Dobbs, the conservative political pundit and veteran cable TV host who was a founding anchor for CNN and later was a nightly presence on Fox Business Network for more than a decade, died July 18. He was 78. His death was announced in a post on his official X account, which called him a “fighter till the very end – fighting for what mattered to him the most, God, his family and the country.” He hosted “Lou Dobbs Tonight” on Fox from 2011 to 2021, following two separate stints at CNN. No cause of death was given. Alex Brandon, Associated Press Bob Newhart Bob Newhart, center, poses with members of the cast and crew of the "Bob Newhart Show," from top left, Marcia Wallace, Bill Daily, Jack Riley, and, Suzanne Pleshette, foreground left, and Dick Martin at TV Land's 35th anniversary tribute to "The Bob Newhart Show" on Sept. 5, 2007, in Beverly Hills, Calif. Newhart has died at age 94. Jerry Digney, Newhart’s publicist, says the actor died July 18 in Los Angeles after a series of short illnesses. The accountant-turned-comedian gained fame with a smash album and became one of the most popular TV stars of his time. Newhart was a Chicago psychologist in “The Bob Newhart Show” in the 1970s and a Vermont innkeeper on “Newhart” in the 1980s. Both shows featured a low-key Newhart surrounded by eccentric characters. The second had a twist ending in its final show — the whole series was revealed to have been a dream by the psychologist he played in the other show. Mark J. Terrill - staff, ASSOCIATED PRESS Cheng Pei-Pei Cheng Pei-pei, a Chinese-born martial arts film actor who starred in Ang Lee’s “Crouching Tiger, Hidden Dragon,” died July 17 at age 78. Her family says Cheng, who had been diagnosed with a rare illness with symptoms similar to Parkinson’s disease, passed away Wednesday at home surrounded by her loved ones. The Shanghai-born film star became a household name in Hong Kong, once dubbed the Hollywood of the Far East, for her performances in martial arts movies in the 1960s. She played Jade Fox, who uses poisoned needles, in “Crouching Tiger, Hidden Dragon,” which was released in 2000, grossed $128 million in North America and won four Oscars. Chris Pizzello - invision linkable, Chris Pizzello/Invision/AP Abdul 'Duke' Fakir Abdul “Duke” Fakir holds his life time achievement award backstage at the 51st Annual Grammy Awards on Feb. 8, 2009, in Los Angeles. The last surviving original member of the Four Tops died July 22. Abdul “Duke” Fakir was 88. He was a charter member of the Motown group along with lead singer Levi Stubbs, Renaldo “Obie" Benson and Lawrence Payton. Between 1964 and 1967, the Tops had 11 top 20 hits and two No. 1′s: “I Can’t Help Myself (Sugar Pie Honey Bunch)” and the operatic classic “Reach Out I’ll Be There.” Other songs, often stories of romantic pain and longing, included “Baby I Need Your Loving,” “Standing in the Shadows of Love,” “Bernadette” and “Just Ask the Lonely.” Matt Sayles, Associated Press Bernice Johnson Reagon Sculptress Elizabeth Catlett, left, then-Washington D.C. Mayor Sharon Pratt Dixon, center, and then-curator, division of community life, Smithsonian institution Bernice Johnson Reagon chat during the reception at the Candace awards on June 25, 1991 in New York. Reagon, a musician and scholar who used her rich, powerful contralto voice in the service of the American Civil Rights Movement and human rights struggles around the world, died on July 16, 2024, according to her daughter's social media post. She was 81. Chrystyna Czajkowsky - staff, ASSOCIATED PRESS John Mayall John Mayall, the British blues musician whose influential band the Bluesbreakers was a training ground for Eric Clapton, Mick Fleetwood and many other superstars, died July 22. He was 90. He is credited with helping develop the English take on urban, Chicago-style rhythm and blues that played an important role in the blues revival of the late 1960s. A statement on Mayall's official Instagram page says he died Monday at his home in California. Though Mayall never approached the fame of some of his illustrious alumni, he was still performing in his late 80s, pounding out his version of Chicago blues. Sandro Campardo - foreign subscriber, ASSOCIATED PRESS Erica Ash Erica Ash, an actor and comedian skilled in sketch comedy who starred in the parody series “Mad TV” and “Real Husbands of Hollywood,” has died. She was 46. Her publicist and a statement by her mother, Diann, says Ash died July 28 in Los Angeles of cancer. Ash impersonated Michelle Obama and Condoleeza Rice on “Mad TV,” a Fox sketch series, and was a key performer on the Rosie O’Donnell-created series “The Big Gay Sketch Show.” Her other credits included “Scary Movie V,” “Uncle Drew” and the LeBron James-produced basketball dramedy “Survivor’s Remorse.” On the BET series “Real Husbands of Hollywood,” Ash played the ex-wife of Kevin Hart’s character. Richard Shotwell - invision linkable, Richard Shotwell/Invision/AP Jack Russell Jack Russell, the lead singer of the bluesy '80s metal band Great White whose hits included “Once Bitten Twice Shy” and “Rock Me” and was fronting his band the night 100 people died in a 2003 nightclub fire in Rhode Island, died Wednesday, Aug. 7, 2024. He was 63. AP Photo/Jill Connelly, file Chi Chi Rodriguez Juan “Chi Chi” Rodriguez, a Hall of Fame golfer whose antics on the greens and inspiring life story made him among the sport’s most popular players during a long professional career, died Thursday, Aug. 8, 2024. AP Photo/Steven Senne, File Susan Wojcicki Susan Wojcicki, the former YouTube chief executive officer and longtime Google executive, died Friday, Aug. 9, 2024, after suffering with non small cell lung cancer for the past two years. She was 56. AP Photo/Markus Schreiber Frank Selvy Frank Selvy, an All-America guard at Furman who scored an NCAA Division I-record 100 points in a game and later played nine NBA seasons, died Tuesday, Aug. 13, 2024. He was 91. AP Photo/Mary Ann Chastain, File Wally Amos Wallace “Wally” Amos, the creator of the cookie empire that took his name and made it famous and who went on to become a children’s literacy advocate, died Tuesday, Aug. 13, 2024, from complications with dementia. He was 88. AP Photo/Lucy Pemoni, File Gena Rowlands Gena Rowlands, hailed as one of the greatest actors to ever practice the craft and a guiding light in independent cinema as a star in groundbreaking movies by her director husband, John Cassavetes, and who later charmed audiences in her son's tear-jerker “The Notebook,” died Wednesday, Aug. 14, 2024. She was 94. Chris Pizzello/Invision/AP, File Peter Marshall Peter Marshall, the actor and singer turned game show host who played straight man to the stars for 16 years on “The Hollywood Squares,” died. Thursday, Aug. 15, 2024 He was 98. Richard Shotwell/Invision/AP, File Alain Delon Alain Delon, the internationally acclaimed French actor who embodied both the bad guy and the policeman and made hearts throb around the world, died Sunday, Aug. 18, 2024. He was 88. Arthur Mola/Invision/AP, File Phil Donahue Phil Donahue, whose pioneering daytime talk show launched an indelible television genre that brought success to Oprah Winfrey, Montel Williams, Ellen DeGeneres and many others, died Sunday, Aug. 18, 2024, after a long illness. He was 88. AP Photo/Mark Lennihan, File Al Attles Al Attles, a Hall of Famer who coached the 1975 NBA champion Warriors and spent more than six decades with the organization as a player, general manager and most recently team ambassador, died Tuesday, Aug. 20, 2024. He was 87. AP Photo/Ben Margot, File John Amos John Amos, who starred as the family patriarch on the hit 1970s sitcom “Good Times” and earned an Emmy nomination for his role in the seminal 1977 miniseries “Roots,” died Wednesday, Aug. 21, 2024. He was 84. Amy Sussman/Invision/AP, File James Darren James Darren, a teen idol who helped ignite the 1960s surfing craze as a charismatic beach boy paired off with Sandra Dee in the hit film “Gidget,” died Monday, Sept. 2, 2024. He was 88. AP Photo, File James Earl Jones James Earl Jones, who overcame racial prejudice and a severe stutter to become a celebrated icon of stage and screen has died. He was 93. His agent, Barry McPherson, confirmed Jones died Sept. 9 at home. Jones was a pioneering actor who eventually lent his deep, commanding voice to CNN, “The Lion King” and Darth Vader. Working deep into his 80s, he won two Emmys, a Golden Globe, two Tony Awards, a Grammy, the National Medal of Arts, the Kennedy Center Honors and was given an honorary Oscar and a special Tony for lifetime achievement. In 2022, a Broadway theater was renamed in his honor. Michael Zorn - invision linkable, Michael Zorn/Invision/AP Frankie Beverly Frankie Beverly, who with his band Maze inspired generations of fans with his smooth, soulful voice and lasting anthems including “Before I Let Go,” has died. He was 77. His family said in a post on the band’s website and social media accounts that Beverly died Sept. 10. In the post, which asked for privacy, the family said “he lived his life with a pure soul, as one would say, and for us, no one did it better.” The post did not say his cause of death or where he died. Beverly, whose songs include “Joy and Pain,” “Love is the Key,” and “Southern Girl,” finished his farewell “I Wanna Thank You Tour” in his hometown of Philadelphia in July. Patrick Semansky - freelancer, ASSOCIATED PRESS Joe Schmidt Joe Schmidt, the Hall of Fame linebacker who helped the Detroit Lions win NFL championships in 1953 and 1957 and later coached the team, has died. He was 92. The Lions said family informed the team Schmidt died Sept. 11. A cause of death was not provided. One of pro football’s first great middle linebackers, Schmidt played his entire NFL career with the Lions from 1953-65. An eight-time All-Pro, he was enshrined into the Pro Football Hall of Fame in 1973 and the college football version in 2000. Born in Pittsburgh, Schmidt played college football in his hometown at Pitt. Jose Juarez, AP File Chad McQueen Chad McQueen, an actor known for his performances in the “Karate Kid” movies and the son of the late actor and racer Steve McQueen, died Sep. 11. His lawyer confirmed his death at age 63. McQueen's family shared a statement on social media saying he lived a life “filled with love and dedication.” McQueen was a professional race car driver, like his father, and competed in the famed 24 Hours of Le Mans and the 24 Hours of Daytona races. He is survived by his wife Jeanie and three children, Chase, Madison and Steven, who is an actor best known for “The Vampire Diaries.” Lionel Cironneau - stringer, ASSOCIATED PRESS Tito Jackson Tito Jackson, one of the brothers who made up the beloved pop group the Jackson 5, died at age 70 on Sept. 15. Jackson was the third of nine children, including global superstars Michael and Janet. The Jackson 5 included brothers Jackie, Tito, Jermaine, Marlon and Michael. They signed with Berry Gordy’s Motown empire in the 1960s. The group was inducted into the Rock & Roll Hall of Fame in 1997 and produced several No. 1 hits in the 1970s, including “ABC,” “I Want You Back” and “I’ll Be There.” Mark Von Holden, Associated Press JD Souther John David “JD” Souther has died. He was a prolific songwriter and musician whose collaborations with the Eagles and Linda Ronstadt helped shape the country-rock sound that took root in Southern California in the 1970s. Souther joined in on some of the Eagles’ biggest hits, such as “Best of My Love,” “New Kid in Town,” and “Heartache Tonight." The Songwriters Hall of Fame inductee also collaborated with James Taylor, Bob Seger, Bonnie Raitt and many more. His biggest hit as a solo artist was “You’re Only Lonely.” He was about to tour with Karla Bonoff. Souther died Sept. 17 at his home in New Mexico, at 78. In this photo, JD Souther and Alison Krauss attend the Songwriters Hall of Fame 44th annual induction and awards gala on Thursday, June 13, 2013 in New York. Charles Sykes - invision linkable, Charles Sykes/Invision/AP Dan Evans Sen. Dan Evans stands with his three sons, from left, Mark, Bruce and Dan Jr., after he won the election for Washington's senate seat in Seattle, Nov. 8, 1983. Evans, a former Washington state governor and a U.S. Senator, died Sept. 20. The popular Republican was 98. He served as governor from 1965 to 1977, and he was the keynote speaker at the 1968 National Republican Convention. In 1983, Evans was appointed to served out the term of Democratic Sen. Henry “Scoop” Jackson after he died in office. Evans opted not to stand for election in 1988, citing the “tediousness" of the Senate. He later served as a regent at the University of Washington, where the Daniel J. Evans School of Public Policy and Governance bears his name. Barry Sweet - staff, ASSOCIATED PRESS Mercury Morris Eugene “Mercury” Morris, who starred for the unbeaten 1972 Miami Dolphins as part of a star-studded backfield and helped the team win two Super Bowl titles, died Sept. 21. He was 77. The team on Sunday confirmed the death of Morris, a three-time Pro Bowl selection. In a statement, his family said his “talent and passion left an indelible mark on the sport.” Morris was the starting halfback and one of three go-to runners that Dolphins coach Don Shula utilized in Miami’s back-to-back title seasons of 1972 and 1973, alongside Pro Football Hall of Famer Larry Csonka and Jim Kiick. Morris led the Dolphins in rushing touchdowns in both of those seasons. Charles Rex Arbogast, AP File John Ashton John Ashton, the veteran character actor who memorably played the gruff but lovable police detective John Taggart in the “Beverly Hills Cop” films, died Thursday, Sept. 26, 2024. He was 76. Richard Shotwell/Invision/AP, file Maggie Smith Maggie Smith, who won an Oscar for 1969 film “The Prime of Miss Jean Brodie” and won new fans in the 21st century as the dowager Countess of Grantham in “Downton Abbey” and Professor Minerva McGonagall in the Harry Potter films, died Sept. 27 at 89. Smith's publicist announced the news Friday. She was frequently rated the preeminent British female performer of a generation that included Vanessa Redgrave and Judi Dench. “Jean Brodie” brought her the Academy Award for best actress in 1969. Smith added a supporting actress Oscar for “California Suite” in 1978. Reed Saxon, Associated Press Kris Kristofferson Kris Kristofferson, a Rhodes scholar with a deft writing style and rough charisma who became a country music superstar and an A-list Hollywood actor, died Saturday, Sept. 28, 2024. He was 88. Owen Sweeney/Invision/AP, File Drake Hogestyn Drake Hogestyn, the “Days of Our Lives” star who appeared on the show for 38 years, died Saturday, Sept. 28, 2024. He was 70. AP Photo/Lionel Cironneau, File Ron Ely Ron Ely, the tall, musclebound actor who played the title character in the 1960s NBC series “Tarzan,” died Sunday, Sept. 29, 2024, at age 86. AP Photo/Reed Saxon, File Dikembe Mutombo Dikembe Mutombo, a Basketball Hall of Famer who was one of the best defensive players in NBA history and a longtime global ambassador for the game, died Monday, Sept. 30, 2024, from brain cancer, the league announced. He was 58. AP Photo/David Zalubowski, File Frank Fritz Frank Fritz, left, part of a two-man team who drove around the U.S. looking for antiques and collectibles to buy and resell on the reality show “American Pickers,” died Monday, Sept. 30, 2024. He was 60. He's shown here with co-host Mike Wolfe at the A+E Networks 2015 Upfront in New York on April 30, 2015. Andy Kropa/Invision/AP, File Pete Rose Pete Rose, baseball’s career hits leader and fallen idol who undermined his historic achievements and Hall of Fame dreams by gambling on the game he loved and once embodied, died Monday, Sept. 30, 2024. He was 83. AP Photo/Matt Rourke, File Cissy Houston Cissy Houston, the mother of Whitney Houston and a two-time Grammy winner who performed alongside superstar musicians like Elvis Presley and Aretha Franklin, died Monday, Oct. 7, 2024, in her New Jersey home. She was 91. Charles Sykes/Invision/AP, File Ethel Kennedy Ethel Kennedy, the wife of Sen. Robert F. Kennedy, who raised their 11 children after he was assassinated and remained dedicated to social causes and the family’s legacy for decades thereafter, died on Thursday, Oct. 10, 2024, her family said. She was 96. AP Photo/Henry Burroughs, File Liam Payne Former One Direction singer Liam Payne, 31, whose chart-topping British boy band generated a global following of swooning fans, was found dead Wednesday, Oct. 16, 2024, after falling from a hotel balcony in Buenos Aires, local officials said. He was 31. Rich Fury/Invision/AP, File Mitzi Gaynor Mitzi Gaynor, among the last survivors of the so-called golden age of the Hollywood musical, died of natural causes in Los Angeles on Thursday, Oct. 17, 2024. She was 93. Richard Shotwell/Invision/AP, File Fernando Valenzuela Fernando Valenzuela, the Mexican-born phenom for the Los Angeles Dodgers who inspired “Fernandomania” while winning the NL Cy Young Award and Rookie of the Year in 1981, died Tuesday, Oct. 22, 2024. He was 63. AP Photo/Abbie Parr, File Jack Jones Jack Jones, a Grammy-winning crooner known for “The Love Boat” television show theme song, died, Wednesday, Oct. 23, 2024. He was 86. AP Photo/Reed Saxon, File Phil Lesh Phil Lesh, a founding member of the Grateful Dead, died Friday, Oct. 25, 2024, at age 84. AP Photo/Morry Gash, File Teri Garr Teri Garr, the quirky comedy actor who rose from background dancer in Elvis Presley movies to co-star of such favorites as "Young Frankenstein" and "Tootsie," died Tuesday, Oct 29, 2024. She was 79. AP Photo/Mark Terrill, File Quincy Jones Quincy Jones, the multitalented music titan whose vast legacy ranged from producing Michael Jackson’s historic “Thriller” album to writing prize-winning film and television scores and collaborating with Frank Sinatra, Ray Charles and hundreds of other recording artists, died Sunday, Nov 3, 2024. He was 91 Photo by Chris Pizzello/Invision/AP, File Bobby Allison Bobby Allison, founder of racing’s “Alabama Gang” and a NASCAR Hall of Famer, died Saturday, Nov. 9, 2024. He was 86. AP Photo/File Song Jae-lim Song Jae-lim, a South Korean actor known for his roles in K-dramas “Moon Embracing the Sun” and “Queen Woo,” was found dead at his home in capital Seoul, Tuesday, Nov. 12, 2024. He was 39. Jo Soo-jung/Newsis via AP Timothy West British actor Timothy West, who played the classic Shakespeare roles of King Lear and Macbeth and who in recent years along with his wife, Prunella Scales, enchanted millions of people with their boating exploits on Britain's waterways, died Tuesday, Nov 12, 2024. He was 90. Gareth Fuller/PA via AP Bela Karolyi Bela Karolyi, the charismatic if polarizing gymnastics coach who turned young women into champions and the United States into an international power in the sport, died Friday, Nov. 15, 2024. He was 82. AP Photo/Susan Ragan, File Arthur Frommer Arthur Frommer, whose "Europe on 5 Dollars a Day" guidebooks revolutionized leisure travel by convincing average Americans to take budget vacations abroad, died Monday, Nov. 18, 2024. He was 95. AP Photo/Seth Wenig, File) Bob Love Former Chicago Bulls forward Bob Love, a three-time All-Star who spent 11 years in the NBA, died Monday, Nov. 18, 2024. He was 81. AP Photo/Fred Jewell, File Chuck Woolery Chuck Woolery, the affable, smooth-talking game show host of “Wheel of Fortune,” “Love Connection” and “Scrabble” who later became a right-wing podcaster, skewering liberals and accusing the government of lying about COVID-19, died Saturday, Nov. 23, 2024. He was 83. Ronda Churchill/Las Vegas Review-Journal via AP, File Barbara Taylor Bradford Barbara Taylor Bradford, a British journalist who became a publishing sensation in her 40s with the saga "A Woman of Substance" and wrote more than a dozen other novels that sold tens of millions of copies, died Sunday, Nov. 24, 2024. She was 91. Caroll Taveras/Bradford Enterprises via AP Stay up-to-date on what's happeningFiscal Third Quarter Total Revenues of $2.160 Billion , Up 15.8% Year Over Year Subscription Revenues of $1.959 Billion , Up 15.8% Year Over Year PLEASANTON, Calif. , Nov. 26, 2024 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leading provider of solutions to help organizations manage their people and money , today announced results for the fiscal 2025 third quarter ended October 31, 2024. Fiscal 2025 Third Quarter Results 1 See the section titled "About Non-GAAP Financial Measures" in the accompanying financial tables for further details. Comments on the News "Workday's solid performance in Q3 reflects the trust our customers place in us across industries, the global momentum around our AI-driven innovations, and the strength of our partner ecosystem," said Carl Eschenbach , CEO, Workday. "Organizations are increasingly consolidating on the Workday platform to reduce total cost of ownership, simplify their operations, and to unlock the power of our best-in-class AI solutions. Workday gives them the ultimate advantage – and that positions our business for long-term success." "In Q3, we once again made good progress across a number of our key growth areas," said Zane Rowe , CFO, Workday. "Looking ahead, we expect fiscal 2025 subscription revenue of $7.703 billion , growth of 17%, and fiscal 2025 non-GAAP operating margin of 25.5%. We are focused on executing in our seasonally strongest quarter, as we lay the foundation for durable, profitable growth at scale." Recent Highlights 1 Gartner Magic Quadrant for Cloud HCM Suites for 1,000+ Employee Enterprises, Ranadip Chandra, Sam Grinter, Ron Hanscome, Chris Pang, Anand Chouksey, Josie Xing, Harsh Kundulli, David Bobo, Laura Gardiner, Hiten Sheth, Emi Chiba, Travis Wickesberg, and Michelle Shapiro, 23 October 2024. 2 Gartner Magic Quadrant for Cloud ERP for Service-Centric Enterprises, Robert Anderson, Denis Torii, Sam Grinter, Naveen Mahendra, Tomas Kienast, Johan Jartelius, 4 November 2024. 3 Gartner Magic Quadrant for Financial Planning Software, Regina Crowder, Vaughan Archer, Matthew Mowrey, Michelle Carlsen, 18 November 2024. Financial Outlook Workday is providing guidance for the fiscal 2025 fourth quarter ending January 31, 2025 as follows: Workday is updating its guidance for the fiscal 2025 full year ending January 31, 2025 as follows: 1 The Company has not provided a reconciliation of its forward outlook for non-GAAP operating margin with its forward-looking GAAP operating margin in reliance on the unreasonable efforts exception provided under Item 10(e)(1)(i)(B) of Regulation S-K. The Company is unable to predict with reasonable certainty the amount and timing of adjustments that are used to calculate this non-GAAP financial measure, particularly related to stock-based compensation and its related tax effects, acquisition- related costs, and realignment costs. Earnings Call Details Workday plans to host a conference call today to review its fiscal 2025 third quarter financial results and to discuss its financial outlook. The call is scheduled to begin at 1:30 p.m. PT / 4:30 p.m. ET and can be accessed via webcast . The webcast will be available live, and a replay will be available following completion of the live broadcast for approximately 90 days. Workday uses the Workday Blog as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. About Workday Workday is a leading enterprise platform that helps organizations manage their most important assets – their people and money . The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 10,500 organizations around the world and across industries – from medium-sized businesses to more than 60% of the Fortune 500. For more information about Workday, visit workday.com . © 2024 Workday, Inc. All rights reserved. Evisort, Workday, and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders. Forward-Looking Statements This press release contains forward-looking statements including, among other things, statements regarding Workday's fourth quarter and full-year fiscal 2025 subscription revenue and non-GAAP operating margin, growth, momentum, and innovation. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to: (i) breaches in our security measures or those of our third-party providers, unauthorized access to our customers' or other users' personal data, or disruptions in our data center or computing infrastructure operations; (ii) service outages, delays in the deployment of our applications, and the failure of our applications to perform properly; (iii) privacy concerns and evolving domestic or foreign laws and regulations; (iv) the impact of continuing global economic and geopolitical volatility on our business, as well as on our customers, prospects, partners, and service providers; (v) any loss of key employees or the inability to attract, train, and retain highly skilled employees; (vi) competitive factors, including pricing pressures, industry consolidation, entry of new competitors and new applications, advancements in technology, and marketing initiatives by our competitors; (vii) our reliance on our network of partners to drive additional growth of our revenues; (viii) the regulatory, economic, and political risks associated with our domestic and international operations; (ix) adoption of our applications and services by customers and individuals, including any new features, enhancements, and modifications, as well as our customers' and users' satisfaction with the deployment, training, and support services they receive; (x) the regulatory risks related to new and evolving technologies such as AI and our ability to realize a return on our development efforts; (xi) our ability to realize the expected business or financial benefits of any acquisitions of or investments in companies; (xii) delays or reductions in information technology spending; and (xiii) changes in sales, which may not be immediately reflected in our results due to our subscription model. Further information on these and additional risks that could affect Workday's results is included in our filings with the Securities and Exchange Commission ("SEC"), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law. Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available. Workday, Inc. Condensed Consolidated Balance Sheets (in millions) (unaudited) October 31, 2024 January 31, 2024 Assets Current assets: Cash and cash equivalents $ 1,311 $ 2,012 Marketable securities 5,846 5,801 Trade and other receivables, net 1,404 1,639 Deferred costs 244 232 Prepaid expenses and other current assets 273 255 Total current assets 9,078 9,939 Property and equipment, net 1,263 1,234 Operating lease right-of-use assets 335 289 Deferred costs, noncurrent 490 509 Acquisition-related intangible assets, net 383 233 Deferred tax assets 1,031 1,065 Goodwill 3,479 2,846 Other assets 365 337 Total assets $ 16,424 $ 16,452 Liabilities and stockholders' equity Current liabilities: Accounts payable $ 74 $ 78 Accrued expenses and other current liabilities 323 287 Accrued compensation 476 544 Unearned revenue 3,447 4,057 Operating lease liabilities 102 89 Total current liabilities 4,422 5,055 Debt, noncurrent 2,983 2,980 Unearned revenue, noncurrent 64 70 Operating lease liabilities, noncurrent 278 227 Other liabilities 53 38 Total liabilities 7,800 8,370 Stockholders' equity: Common stock 0 0 Additional paid-in capital 11,115 10,400 Treasury stock (1,208) (608) Accumulated other comprehensive income (loss) 16 21 Accumulated deficit (1,299) (1,731) Total stockholders' equity 8,624 8,082 Total liabilities and stockholders' equity $ 16,424 $ 16,452 Workday, Inc. Condensed Consolidated Statements of Operations (in millions, except number of shares which are reflected in thousands and per share data) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Revenues: Subscription services $ 1,959 $ 1,691 $ 5,678 $ 4,843 Professional services 201 175 557 494 Total revenues 2,160 1,866 6,235 5,337 Costs and expenses (1) : Costs of subscription services 329 264 924 759 Costs of professional services 201 181 606 552 Product development 647 619 1,952 1,829 Sales and marketing 620 538 1,804 1,581 General and administrative 198 176 609 512 Total costs and expenses 1,995 1,778 5,895 5,233 Operating income (loss) 165 88 340 104 Other income (expense), net 62 41 178 114 Income (loss) before provision for (benefit from) income taxes 227 129 518 218 Provision for (benefit from) income taxes 34 15 86 25 Net income (loss) $ 193 $ 114 $ 432 $ 193 Net income (loss) per share, basic $ 0.73 $ 0.43 $ 1.63 $ 0.74 Net income (loss) per share, diluted $ 0.72 $ 0.43 $ 1.61 $ 0.73 Weighted-average shares used to compute net income (loss) per share, basic 265,411 262,153 265,062 260,747 Weighted-average shares used to compute net income (loss) per share, diluted 268,549 266,377 268,936 264,087 (1) Costs and expenses include share-based compensation expenses as follows: Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Costs of subscription services $ 35 $ 30 $ 108 $ 90 Costs of professional services 28 29 86 87 Product development 162 162 498 494 Sales and marketing 78 65 226 212 General and administrative 65 63 204 188 Total share-based compensation expenses $ 368 $ 349 $ 1,122 $ 1,071 Workday, Inc. Condensed Consolidated Statements of Cash Flows (in millions) (unaudited) Three Months Ended October 31, Nine Months Ended October 31, 2024 2023 2024 2023 Cash flows from operating activities: Net income (loss) $ 193 $ 114 $ 432 $ 193 Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
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