Tennessee 32, Houston 27NoneCHICAGO, Nov. 21, 2024 (GLOBE NEWSWIRE) -- A plaintiff representing nationwide consumers has filed a class-action complaint against Set Forth Inc., an administrative services provider and processor of debt relief programs. The complaint alleges the company failed to properly notify consumers after cybercriminals breached Set Forth’s databases and purloined credit reports, loan applications, bank statements, and other highly sensitive information from more than 1.5 million consumers. According to the complaint filed in the U.S. District Court in Chicago, Set Forth and its business partner, Centrex, learned of the massive breach as early as May 21, 2024, but for unexplained reasons, opted to withhold the information from consumers for more than five months. “We are speaking with consumers who are absolutely livid with Forth’s decision to keep news of the breach from them,” said Elizabeth Fegan, managing partner of FeganScott and one of the attorneys representing the plaintiffs. “Considering it takes just a few seconds and a few keystrokes for a cybercriminal to empty a bank account once armed with account numbers and social security numbers, we are eager to learn why Forth opted to sit mute after learning of the breach.” The complaint also alleges that once Forth decided to alert consumers, the company intentionally downplayed the severity of the breach, failing to provide details, including whether the breach was part of a ransom attack or whether consumers’ data was available for sale on the dark web. According to Fegan, companies are responsible for safeguarding consumer data, but failing in that, those companies have a moral imperative to warn. “Forth had an iron-clad obligation to raise its hand, admit the breach, and give its customers a chance to get ahead of the bad actors, and they failed,” Fegan added. Set Forth operates its principal place of business in Schaumburg, Illinois. FeganScott is joined by Cotchett Pitre & McCarthy LLP, Clapp & Lauinger LLP, and Wynne Law Firm to represent affected consumers. Consumers who are Forth or Centrex customers or those who received notice that their data was compromised are urged to contact FeganScott to learn more about their rights. About FeganScott FeganScott is a national class action law firm dedicated to helping victims of consumer fraud, sexual abuse, and discrimination. The firm is championed by acclaimed veteran class action attorneys who have successfully recovered $1 billion for victims nationwide. FeganScott is committed to pursuing successful outcomes with integrity and excellence while holding the responsible parties accountable. Case no. 1:24-cv-11974 Media Contact: Mark Firmani Feganscottpr@firmani.com
Degenhart scores 25, Boise State defeats Hampton 83-69 at Cayman Islands ClassicFirst Quarter Hou_Stover 19 pass from Stroud (Fairbairn kick), 14:42. Ten_FG Folk 51, 11:15. Ten_Westbrook-Ikhine 38 pass from Levis (Folk kick), 1:57. Second Quarter Ten_Pollard 10 run (Folk kick), 11:03. Hou_Collins 5 pass from Stroud (Fairbairn kick), 6:17. Hou_FG Fairbairn 28, 1:47. Ten_FG Folk 56, :00. Third Quarter Ten_FG Folk 51, 9:08. Hou_Ward 65 interception return (Fairbairn kick), :04. Fourth Quarter Hou_FG Fairbairn 54, 9:46. Ten_Okonkwo 70 pass from Levis (Folk kick), 9:35. Ten_safety, 1:13. A_71,055. INDIVIDUAL STATISTICS RUSHING_Tennessee, Pollard 24-119, Levis 8-10, Chestnut 1-3. Houston, Mixon 14-22, Stroud 3-18. PASSING_Tennessee, Levis 18-24-1-278, Boyd 0-1-0-0. Houston, Stroud 20-33-2-247. RECEIVING_Tennessee, Boyd 6-55, Ridley 5-93, Pollard 3-10, Westbrook-Ikhine 2-48, Okonkwo 1-70, Chestnut 1-2. Houston, Collins 5-92, Mixon 5-23, Dell 3-72, Stover 3-26, Schultz 2-20, Woods 1-8, Metchie 1-6. MISSED FIELD GOALS_Houston, Fairbairn 28.
AI platform accelerating approval procedures for hydrogen projects Hydrogen centre Hamburg developing a digital infrastructure for planning and approval The Ministry of Urban Development and Housing is working on an AI-supported platform to speed up and set up a nationwide hydrogen network. Funded by the German government’s Climate and Transformation Fund, the platform is among the top and is due to be launched in . The “ “(HH-WIN) will be integrated into this hydrogen network. AI platform model for Germany , State Councillor, said : The AI platform will map all the approval procedures relating to the digitally and simplify procedures. This should accelerate its development nationwide. The platform will be continuously developed to cover other and administrative procedures. New impetus from Hamburg The developments in Hamburg shows how innovative can advance hydrogen infrastructure. The overall goal is to create an ecosystem that fosters co-operation between local, state and federal authorities. Parliamentary State Secretary in the German Ministry of Economics and Technology, said: In addition to digitalisation, the city is also focusing on building the and will extend the hydrogen pipelines in the Port of Hamburg to 60 kilometres by 2032. the latest news shaping the hydrogen market at AI platform accelerating approval procedures for hydrogen projects, Germany Scraps €350 Million in Subsidies for Hydrogen Projects (Bloomberg) — Germany abandoned plans to funnel €350 million ($368 million) into hydrogen projects, putting clean-fuel goals even further from reach. The... EUROPE – TECO 2030, hydrogen fuel-cell manufacturer, files for bankruptcy amid funding challenges Norwegian maritime clean tech company TECO 2030 ASA has announced that its board of directors has unanimously... Neuman & Esser Expands Hydrogen Generator Plant In Brazil Neuman & Esser has expanded its hydrogen generator plant in Belo Horizonte, Minas Gerais, Brazil. The new plant, four times larger than the current one...
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Liam Payne was laid to rest in a private ceremony yesterday, a month after his tragic death at just 31-years-old. Although the funeral wasn't open to the public, photos have emerged from outside St Mary's Church in Amersham, Buckinghamshire, where the service was held. Liam's family and his One Direction bandmates - Harry Styles , Zayn Malik, Louis Tomlinson and Niall Horan - were all in attendance. His ex-partner Cheryl, who was comforted by Girls Aloud members Nicola Roberts and Kimberley Walsh, also attended with her and Liam's seven year old son Bear, as did Kate Cassidy, Liam's girlfriend at the time of his death. Other notable attendees included X Factor and Britain's Got Talent judge Simon Cowell , Gavin and Stacey star James Corden, JLS singer Marvin Humes and his wife Rochelle, broadcaster Adrian Chiles and footballer Robbie Keane. Here's what we know about Liam's private funeral service, from Cheryl's heart-wrenching decision on whether to bring son Bear to Kate Cassidy likely meeting Liam's parents for the first time. It is believed that Cheryl played a significant role in planning the funeral alongside Liam's grieving parents, Geoff and Karen Payne. Despite expectations that the service would be held in his hometown of Wolverhampton, it actually took place at St Mary's Church in Amersham, Buckinghamshire. Liam's family were determined to give him a "perfect" send-off after his tragic passing in "such a horrible way". The funeral service was filled with personal touches that celebrated Liam's life, including candles and floral tributes, according to the Mirror, reports the Daily Record . One particularly touching tribute came from Liam's son Bear, with a card that simply read 'Daddy'. In a nod to one of Liam's passions, there was also a unique floral arrangement depicting bowling pins and a ball – a reference to the singer's love for bowling, having spent his 31st birthday enjoying the activity with his loved ones on August 29, just weeks before his untimely death. Kate Cassidy, who was Liam's girlfriend at the time of his death, attended the ceremony, which likely marked the first time she met his parents. The couple had been dating since October 2022. Kate arrived at the funeral with Damian Hurley, Elizabeth Hurley's son, who was believed to be her friend prior to her relationship with Liam. It's reported that Kate, who was with Liam in Buenos Aires, flew back home four days before he passed away following an ultimatum she gave him: 'it's me or the drugs'. Kate shared with her followers that she and Liam had planned to get married. She revealed on social media a note from Liam which read: 'Me and Kate to marry within a year/engaged and together forever 444' – a number often associated with love and support. Describing him as the 'love of my life', she posted on social media: "Liam, I know we'll be together forever, but not in the way that we planned. You'll always be with me. I've gained a guardian angel. I will love you for the rest of my life and beyond, carrying our dreams and memories with me wherever I go. Forever yours, Katelyn, 444." In a touching gesture to include their seven year old son Bear in saying goodbye, Cheryl decided to have him present at Liam's funeral. She grappled with whether it was the right decision, but in the end, she felt it was essential for Bear to partake in this final farewell with friends and family by his side. A source conveyed to MailOnline Cheryl's vow to keep Liam's memory alive for their son, explaining: "She [Cheryl] has her own grief, but she also has a little boy who won't see his daddy again, and that is just heartbreaking. While she and Liam split a long time ago, they were bonded over their love of Bear. Liam died in such a horrible way but the family wanted to remember him in the most perfect way possible." Cheryl took to Instagram to honour Liam with an emotional note, sharing her heartache: "As I try to navigate this earth shattering event, and work through my own grief at this indescribably painful time, I'd like to kindly remind everyone that we have lost a human being." She went on to say: "Liam was not only a pop star and celebrity, he was a son, a brother, an uncle, a dear friend and a father to our 7-year-old son. A son that now has to face the reality of never seeing his father again." OK! has reached out to Cheryl's representatives for comment.Trump taps Rollins as agriculture chief, completing proposed slate of Cabinet secretaries
Hou_Stover 19 pass from Stroud (Fairbairn kick), 14:42. Ten_FG Folk 51, 11:15. Ten_Westbrook-Ikhine 38 pass from Levis (Folk kick), 1:57. Ten_Pollard 10 run (Folk kick), 11:03. Hou_Collins 5 pass from Stroud (Fairbairn kick), 6:17. Hou_FG Fairbairn 28, 1:47. Ten_FG Folk 56, :00. Ten_FG Folk 51, 9:08. Hou_Ward 65 interception return (Fairbairn kick), :04. Hou_FG Fairbairn 54, 9:46. Ten_Okonkwo 70 pass from Levis (Folk kick), 9:35. Ten_safety, 1:13. RUSHING_Tennessee, Pollard 24-119, Levis 8-10, Chestnut 1-3. Houston, Mixon 14-22, Stroud 3-18. PASSING_Tennessee, Levis 18-24-1-278, Boyd 0-1-0-0. Houston, Stroud 20-33-2-247. RECEIVING_Tennessee, Boyd 6-55, Ridley 5-93, Pollard 3-10, Westbrook-Ikhine 2-48, Okonkwo 1-70, Chestnut 1-2. Houston, Collins 5-92, Mixon 5-23, Dell 3-72, Stover 3-26, Schultz 2-20, Woods 1-8, Metchie 1-6. MISSED FIELD GOALS_Houston, Fairbairn 28.Unity of hearts & minds essential for peace & progress, says J&K Lt Governor
Matt Gaetz, the former Florida representative and Trump nominee for Attorney General, announced Thursday that he is withdrawing as Trump's pick for the top prosecutor, citing what he described as the "distraction" his nomination had caused due to a swirl of allegations about paying underage women for sex. LiveNOW from FOX host Mike Pache spoke to political expert and professor at the University of Central Florida, Larry Walker on the latest. Matt Gaetz has withdrawn as President-elect Trump’s nominee for attorney general amid controversy over past allegations. Top contenders for the role include Missouri AG Andrew Bailey, Sen. Mike Lee, and former DNI John Ratcliffe. Trump’s choice will need to navigate Senate confirmation and align with his agenda. WASHINGTON - President-elect Donald Trump’s plan to install fierce loyalist Matt Gaetz as attorney general hit a roadblock Thursday as the former Florida congressman withdrew his name from consideration amid backlash over past allegations. Gaetz’s decision leaves the Department of Justice’s top spot vacant just weeks before Trump’s new administration begins. Gaetz cited his desire to avoid being a "distraction" to the incoming administration and its transition efforts. "Trump’s DOJ must be in place and ready on Day 1," Gaetz wrote on X. Trump acknowledged the setback but praised Gaetz’s efforts: "Matt has a wonderful future, and I look forward to watching all of the great things he will do." With the DOJ vacancy now reopened, speculation has turned to who might replace Gaetz. Here are the leading contenders: Andrew Bailey (Missouri Attorney General): Bailey has positioned himself as a strong defender of conservative causes, leading lawsuits against the Biden administration. His ties to Missouri Republican Sens. Josh Hawley and Eric Schmitt could aid his Senate confirmation chances. Sen. Mike Lee (R-Utah): A constitutional conservative with a legal background, Lee would bring credibility and a relatively smooth confirmation process compared to other names. However, Lee has previously stated he prefers his current Senate role. FILE - Sen. Mike Lee, R-Utah, questions Supreme Court nominee Brett Kavanaugh as he testifies before the Senate Judiciary Committee on Capitol Hill on September 27, 2018 in Washington, DC. (Photo by Andrew Harnik - Pool/Getty Images) John Ratcliffe (Former Director of National Intelligence): Ratcliffe has a track record of loyalty to Trump and extensive experience as a federal prosecutor. His leadership during Trump’s first term makes him a familiar and trusted figure for the president-elect. Mark Paoletta (Former White House Attorney): Paoletta’s tenure during Trump’s first term showcased his hardline stance on aligning DOJ operations with the president’s agenda. His no-nonsense approach could appeal to Trump’s push for loyalty in the DOJ. Matt Whitaker (Former Acting Attorney General): Whitaker, who temporarily led the DOJ during Trump’s first term, has the advantage of familiarity with the role. He has signaled openness to serving again but has deferred to Trump for the final decision. Trump’s attorney general pick will face scrutiny from both Senate Republicans and Democrats. Gaetz’s withdrawal underscores the importance of selecting a candidate with both loyalty to Trump and a relatively clean record to avoid confirmation hurdles. Senate Republicans have hinted at their preferences. Sen. Mike Rounds (R-S.D.) suggested a nominee "the Senate recognizes and knows," while Sen. Rick Scott (R-Fla.) lamented Gaetz’s departure but expressed hope for a similarly committed nominee. The attorney general will play a pivotal role in Trump’s efforts to reshape the DOJ. Key issues include addressing claims of "weaponization" within the agency, investigating political adversaries, and managing Trump’s broader legal and policy priorities. As the search continues, Trump’s selection will signal how he plans to approach these challenges and whether he can bridge internal GOP divides while maintaining his vision for the Justice Department. The Source This report includes information from the Associated Press, FOX News, and prior reporting on Trump’s transition efforts.
Cowboys' Dak Prescott reveals targeted return date from injury, why he's going to bat for Mike McCarthy, moreZimbabwe's spinners took centre-stage as they earned a crushing 80-run victory over Pakistan in the teams' rain-affected ODI opener on Sunday. ( More Cricket News ) Torrential rain, thunder and lightning halted play after 21 overs of the Pakistan innings, with the tourists toiling at 60-6 after bowling Zimbabwe out for 205. Sean Williams, Blessing Muzarabani and Sikandar Raza each scalped two wickets apiece as no Pakistan batter surpassed the 19 runs managed by Mohammad Rizwan. The dismal weather would ensure no further play was possible, with Pakistan having completed the requisite 20 overs to ensure a result would be declared, ensuring Zimbabwe won on the Duckworth-Lewis-Stern method. BY Outlook Sports Desk Richard Ngarava had earlier top-scored for Zimbabwe with a steady 48 off 52 balls, with Raza adding an important 39 from 56 deliveries after the hosts had been dropped to 99-5. Salman Agha and Faisal Akram finished with three wickets apiece for Pakistan, but it was not enough to prevent Zimbabwe from being declared comfortable victors, with their total some way clear of the DLS par score of 141. At Queens Sports Club, Zimbabwe defeat Pakistan by 80 runs (Duckworth-Lewis) in the ODI series opener. #ZIMvPAK #VisitZimbabwe pic.twitter.com/icUAHmP3WD Data Debrief: Zimbabwe end Bulawayo hoodoo Zimbabwe's victory may not have come in the circumstances they would have envisaged, but it did end their dismal run against Pakistan at Queens Sports Club in Bulawayo. They had lost each of their previous eight matches against Pakistan at the venue, only winning one of their last nine there overall (one draw, seven defeats), after winning three of their previous four. They will hope to carry this momentum into Tuesday's second match at the same venue, as they bid to clinch victory in the three-match series.
A small asteroid was visible in northern Siberia on Tuesday, as it closed in on its collision course with Earth. It's first of two expected flybys this week. The European Space Agency issued an alert for the 27-inch asteroid at 4:27 a.m. ET, with the agency saying the celestial rock would create a visible fireball in the sky but that "the impact will be harmless." The asteroid, temporarily named C0WEPC5, has become Earth's fourth detected asteroid strike of the year and just the 11th of all time. Detected strikes are known as "imminent impactors," according to the Kitt Peak National Observatory in Arizona, which identified the fast-moving asteroid ahead of its arrival. The space rock entered Earth's atmosphere at 11:15 a.m. ET over Yakutia in northeastern Siberia, creating a massive fireball witnessed by people in the region, according to the agency. Video posted to social media on Tuesday shows the bright, fast-moving fireball darting through the sky before dissipating. It's currently unknown how much, if any, of the asteroid debris landed on Earth. Flyby asteroids are common, and astronomers' ability to detect them has rapidly increased with technological advancements. According to NASA , 132 known asteroids have passed closer to Earth than the moon is since October 2023. Overall, there have been upward of 36,000 asteroid flybys, the agency reported. Adding to the solar system show this week, another asteroid, known as 2020 XR, will fly by Earth at 12:27 a.m. ET on Wednesday, according to NASA's Jet Propulsion Laboratory . Significantly larger but much farther away from impact than Tuesday's asteroid, 2020 XR is approximately 1,200 feet in diameter -- roughly the same as the height of New York City's Empire State Building -- but will pass Earth at a comfortable distance of 1.37 million miles, according to NASA. While the massive asteroid will unlikely have any impact, and is not considered a threat by officials, NASA designates any object that comes within 4.6 million miles of Earth as "potentially hazardous."SAN FRANCISCO (AP) — Willy Adames wasted little time making one thing clear: He wants to play all 162 games for the San Francisco Giants. So when introduced as their new shortstop Thursday, Adames looked to his left and gently put a hand on manager Bob Melvin's right shoulder, smiled and said, “if he lets me.” Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a week
Paris Hilton’s ‘proud’ surgery claimReports Record Sales and Earnings Increases Quarterly Cash Dividend by 20% to $0.12 per Common Share LAKEWOOD, Colo. , Nov. 21, 2024 /PRNewswire/ -- Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC ) today announced results for its fourth quarter and fiscal year ended September 30, 2024 and provided its outlook for fiscal 2025. Highlights for Fourth Quarter Fiscal 2024 Compared to Fourth Quarter Fiscal 2023 Net sales increased 9.3% to $322.7 million ; Daily average comparable store sales increased 7.1%, and increased 14.0% on a two-year basis; Net income increased 53.2% to $9.0 million , with diluted earnings per share of $0.39 ; and Adjusted EBITDA was $22.6 million . Highlights for Fiscal 2024 Compared to Fiscal 2023 Net sales increased 8.9% to $1.24 billion ; Daily average comparable store sales increased 7.0%, and increased 10.6% on a two-year basis; 21 st consecutive year of positive comparable store sales growth; Net income increased 46.0% to $33.9 million , with diluted earnings per share of $1.47 ; Adjusted EBITDA was $83.3 million ; and Opened four new stores and relocated/remodeled four stores. "Our outstanding fourth quarter and fiscal year results underscore our customers' appreciation for our commitment to the exceptional quality, value and convenience provided by our innovative business model along with consumers' increasing prioritization of products that support health and sustainability," said Kemper Isely , Co-President. "Our commitment to offering the highest quality products at Always Affordable SM prices is distinctive in the market and has been pivotal to our success. Fourth quarter results were broadly positive with daily average comparable store sales growth of 7.1% and 14.0% on a two-year basis, as well as a 53% increase in net income. We are particularly pleased with the balanced nature of our sales growth in fiscal 2024, including increases in transaction counts and items per transaction, modest price inflation and sales contribution from new stores." Mr. Isely continued, "The combination of consumer trends and our focus on customer engagement and operational initiatives have driven our sustained growth. Over the previous five years we have grown net sales by 37%, and diluted earnings per share have more than tripled. Furthermore, during this period we returned $108 million in capital to our stockholders through $4.76 of cumulative cash dividends per common share. As we look forward to fiscal 2025, we expect to build upon our momentum by continuing to execute to our founding principles, leveraging our differentiated model and emphasizing operational excellence to drive profitable growth." In addition to presenting the financial results of Natural Grocers by Vitamin Cottage, Inc. and its subsidiaries (collectively, the Company) in conformity with U.S. generally accepted accounting principles (GAAP), the Company is also presenting EBITDA and Adjusted EBITDA, which are non-GAAP financial measures. The reconciliation from GAAP to these non-GAAP financial measures is provided at the end of this earnings release. Operating Results — Fourth Quarter Fiscal 2024 Compared to Fourth Quarter Fiscal 2023 Net sales during the fourth quarter of fiscal 2024 increased $27.6 million , or 9.3%, to $322.7 million , compared to the fourth quarter of fiscal 2023, due to a $21.0 million increase in comparable store sales and a $6.6 million increase in new store sales. Daily average comparable store sales increased 7.1% in the fourth quarter of fiscal 2024, comprised of a 3.6% increase in daily average transaction count and a 3.4% increase in daily average transaction size. The increase in net sales was driven by increases in transaction counts, items per transaction, retail prices and new store sales. Sales growth was driven by enhanced customer engagement with our {N}power ® rewards program, compelling offers, marketing initiatives, and increased sales of Natural Grocers® brand products. Gross profit during the fourth quarter of fiscal 2024 increased $11.0 million , or 13.1%, to $95.4 million , compared to $84.3 million in the fourth quarter of fiscal 2023. Gross profit reflects earnings after product and store occupancy costs. Gross margin increased 100 basis points to 29.6% during the fourth quarter of fiscal 2024, compared to 28.6% in the fourth quarter of fiscal 2023. The increase in gross margin was driven by store occupancy cost leverage and higher product margin. Store expenses during the fourth quarter of fiscal 2024 increased 10.2% to $72.6 million , primarily driven by higher compensation expenses and long-lived asset impairment charges related to a planned store closure. Store expenses as a percentage of net sales were 22.5% during the fourth quarter of fiscal 2024, up from 22.3% in the fourth quarter of fiscal 2023. The increase in store expenses as a percentage of net sales was primarily driven by higher long-lived asset impairment charges partially offset by expense leverage. Administrative expenses during the fourth quarter of fiscal 2024 increased 4.4% to $10.2 million . Administrative expenses as a percentage of net sales were 3.2% in the fourth quarter of fiscal 2024, down from 3.3% in the fourth quarter of fiscal 2023. Operating income for the fourth quarter of fiscal 2024 increased 56.0% to $12.1 million . Operating margin during the fourth quarter of fiscal 2024 was 3.7%, up from 2.6% in the fourth quarter of fiscal 2023. Net income for the fourth quarter of fiscal 2024 was $9.0 million , or $0.39 diluted earnings per share, compared to net income of $5.9 million , or $0.26 diluted earnings per share, for the fourth quarter of fiscal 2023. Adjusted EBITDA for the fourth quarter of fiscal 2024 was $22.6 million , compared to $16.1 million in the fourth quarter of fiscal 2023. Operating Results — Fiscal 2024 Compared to Fiscal 2023 Net sales during fiscal 2024 increased $101.0 million , or 8.9%, to $1,241.6 million , compared to fiscal 2023, due to an $83.0 million increase in comparable store sales and a $22.6 million increase in new store sales, partially offset by a $4.6 million decrease in sales related to closed stores. Daily average comparable store sales increased 7.0% in fiscal 2024, comprised of a 3.8% increase in daily average transaction count and a 3.1% increase in daily average transaction size. The increase in net sales was driven by increases in transaction counts, retail prices, items per transaction and new store sales. Sales growth was driven by enhanced customer engagement with our {N}power rewards program, compelling offers, marketing initiatives including market-specific campaigns, and increased sales of Natural Grocers brand products. Gross profit during fiscal 2024 increased $37.9 million , or 11.6%, to $364.8 million . Gross profit reflects earnings after product and store occupancy costs. Gross margin increased 70 basis points to 29.4% during fiscal 2024, compared to 28.7% in 2023. The increase in gross margin was primarily driven by store occupancy cost leverage and higher product margin attributed to effective pricing and promotions. Store expenses during fiscal 2024 increased 7.8% to $277.4 million , primarily driven by higher compensation expenses, depreciation expenses and long-lived asset impairment charges. Store expenses as a percentage of net sales were 22.3% during fiscal 2024, down from 22.6% in fiscal 2023. The decrease in store expenses as a percentage of net sales primarily reflects expense leverage. Administrative expenses during fiscal 2024 increased 7.6% to $38.7 million , driven by higher compensation expenses. Administrative expenses as a percentage of net sales were 3.1% for fiscal 2024, down from 3.2% in fiscal 2023. Operating income for fiscal 2024 increased 48.3% to $47.0 million . Operating margin during fiscal 2024 was 3.8%, up from 2.8% in fiscal 2023. Net income for fiscal 2024 was $33.9 million , or $1.47 diluted earnings per share, compared to net income of $23.2 million , or $1.02 diluted earnings per share, for fiscal 2023. Adjusted EBITDA for fiscal 2024 was $83.3 million , compared to $63.4 million in fiscal 2023. Balance Sheet and Cash Flow As of September 30, 2024 , the Company had $8.9 million in cash and cash equivalents, and no amounts outstanding on its $75.0 million revolving credit facility. During fiscal 2024, the Company generated $73.8 million in cash from operations and invested $38.6 million in net capital expenditures, primarily for new and relocated/remodeled stores. Dividend Announcement Today, the Company announced the declaration of a quarterly cash dividend of $0.12 per common share, a 20% increase over the Company's previous quarterly dividend. The dividend will be paid on December 18, 2024 to stockholders of record at the close of business on December 2, 2024 . Growth and Development During the fourth quarter of fiscal 2024 the Company opened one new store, ending the fourth quarter with 169 stores in 21 states. A total of four new stores were opened during fiscal 2024. Fiscal 2025 Outlook The Company is introducing its fiscal 2025 outlook. The Company expects: Earnings Conference Call The Company will host a conference call today at 2:30 p.m. Mountain Time ( 4:30 p.m. Eastern Time ) to discuss this earnings release. The dial-in number is 1-888-347-6606 (US) or 1-412-902-4289 (International). The conference ID is "Natural Grocers Q4 FY 2024 Earnings Call." A simultaneous audio webcast will be available at http://Investors.NaturalGrocers.com and archived for a minimum of 20 days. About Natural Grocers by Vitamin Cottage Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC ) is an expanding specialty retailer of natural and organic groceries, body care products and dietary supplements. The products sold by Natural Grocers must meet strict quality guidelines and may not contain artificial colors, flavors, preservatives or sweeteners, or partially hydrogenated or hydrogenated oils. The Company sells only USDA certified organic produce and exclusively pasture-raised, non-confinement dairy products, and free-range eggs. Natural Grocers' flexible smaller-store format allows it to offer affordable prices in a shopper-friendly, clean and convenient retail environment. The Company also provides extensive free science-based nutrition education programs to help customers make informed health and nutrition choices. The Company, founded in 1955, has 168 stores in 21 states. Visit www.NaturalGrocers.com for more information and store locations. Forward-Looking Statements The following constitutes a "safe harbor" statement under the Private Securities Litigation Reform Act of 1995. Except for the historical information contained herein, statements in this release are "forward-looking statements" and are based on management's current expectations and are subject to uncertainty and changes in circumstances. All statements that are not statements of historical fact are forward-looking statements. Actual results could differ materially from these expectations due to changes in global, national, regional or local political, economic, inflationary, deflationary, recessionary, business, interest rate, labor market, competitive, market, regulatory and other factors, and other risks detailed in the Company's Annual Report on Form 10-K and the Company's subsequent quarterly reports on Form 10-Q. The information contained herein speaks only as of the date of this release and the Company undertakes no obligation to publicly update forward-looking statements, except as may be required by the securities laws. For further information regarding risks and uncertainties associated with the Company's business, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections of the Company's filings with the Securities and Exchange Commission, including, but not limited to, the Form 10-K and the Company's subsequent quarterly reports on Form 10-Q, copies of which may be obtained by contacting Investor Relations at 303-986-4600 or by visiting the Company's website at http://Investors.NaturalGrocers.com . Investor Contact: Reed Anderson , ICR, 646-277-1260, [email protected] EBITDA and Adjusted EBITDA EBITDA and Adjusted EBITDA are not measures of financial performance under GAAP. We define EBITDA as net income before interest expense, provision for income taxes, depreciation and amortization. We define Adjusted EBITDA as EBITDA as adjusted to exclude the effects of certain income and expense items that management believes make it more difficult to assess the Company's actual operating performance, including certain items such as impairment charges, store closing costs, share-based compensation and non-recurring items. The following table reconciles net income to EBITDA and Adjusted EBITDA, dollars in thousands: EBITDA increased 31.4% to $20.0 million for the fourth quarter of fiscal 2024 compared to $15.2 million for the fourth quarter of fiscal 2023. EBITDA increased 28.6% to $77.9 million for the year ended September 30, 2024 compared to $60.6 million for the year ended September 30, 2023 . EBITDA as a percentage of net sales was 6.2% and 5.2% for the fourth quarter of 2024 and 2023, respectively. EBITDA as a percentage of net sales was 6.3% and 5.3% for the years ended September 30, 2024 and 2023, respectively. Adjusted EBITDA increased 41.0% to $22.6 million for the fourth quarter of fiscal 2024 compared to $16.1 million for the fourth quarter of fiscal 2023. Adjusted EBITDA increased 31.4% to $83.3 million for the year ended September 30, 2024 compared to $63.4 million for the year ended September 30, 2023 . Adjusted EBITDA as a percentage of net sales was 7.0% and 5.4% for the fourth quarter of fiscal 2024 and 2023, respectively. Adjusted EBITDA as a percentage of net sales was 6.7% and 5.6% for the years ended September 30, 2024 and 2023, respectively. Management believes some investors' understanding of our performance is enhanced by including EBITDA and Adjusted EBITDA, which are non-GAAP financial measures. We believe EBITDA and Adjusted EBITDA provide additional information about: (i) our operating performance, because they assist us in comparing the operating performance of our stores on a consistent basis, as they remove the impact of non-cash depreciation and amortization expense as well as items not directly resulting from our core operations, such as interest expense and income taxes and (ii) our performance and the effectiveness of our operational strategies. Additionally, EBITDA is a component of a measure in our financial covenants under our credit facility. Furthermore, management believes some investors use EBITDA and Adjusted EBITDA as supplemental measures to evaluate the overall operating performance of companies in our industry. Management believes that some investors' understanding of our performance is enhanced by including these non-GAAP financial measures as a reasonable basis for comparing our ongoing results of operations. By providing these non-GAAP financial measures, together with a reconciliation from net income, we believe we are enhancing investors' understanding of our business and our results of operations, as well as assisting investors in evaluating how well we are executing our strategic initiatives. Our competitors may define EBITDA and Adjusted EBITDA differently, and as a result, our measures of EBITDA and Adjusted EBITDA may not be directly comparable to EBITDA and Adjusted EBITDA of other companies. Items excluded from EBITDA and Adjusted EBITDA are significant components in understanding and assessing financial performance. EBITDA and Adjusted EBITDA are supplemental measures of operating performance that do not represent and should not be considered in isolation or as an alternative to, or substitute for, net income or other financial statement data presented in the consolidated financial statements as indicators of financial performance. EBITDA and Adjusted EBITDA have limitations as analytical tools, and should not be considered in isolation, or as a substitute for analysis of our results as reported under GAAP. Some of the limitations are: EBITDA and Adjusted EBITDA do not reflect our cash expenditures, or future requirements for capital expenditures or contractual commitments; EBITDA and Adjusted EBITDA do not reflect changes in, or cash requirements for, our working capital needs; EBITDA and Adjusted EBITDA do not reflect any depreciation or interest expense for leases classified as finance leases; EBITDA and Adjusted EBITDA do not reflect the interest expense, or the cash requirements necessary to service interest or principal payments on our debt; Adjusted EBITDA does not reflect share-based compensation, impairment charges, and store closing costs; EBITDA and Adjusted EBITDA do not reflect our tax expense or the cash requirements to pay our taxes; and although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future and EBITDA and Adjusted EBITDA do not reflect any cash requirements for such replacements. Due to these limitations, EBITDA and Adjusted EBITDA should not be considered as measures of discretionary cash available to us to invest in the growth of our business. We compensate for these limitations by relying primarily on our GAAP results and using EBITDA and Adjusted EBITDA as supplemental information. SOURCE Natural Grocers by Vitamin Cottage, Inc.
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Bhopal (Madhya Pradesh): The outcome of the Maharashtra and Jharkhand assembly election, which will be announced on Saturday, will not only impact the national politics but also the state politics. The prestige of several important leaders of Madhya Pradesh is at stake in these elections. If the BJP wins Jharkhand, it will have an impact on the stature of Union Minister Shivraj Singh Chouhan. He is the party’s in-charge in Jharkhand. He has been visiting the state for the past three months. If the BJP wins, Chouhan will get its benefits. Chouhan became a Union Minister after he did not get a chance to head MP for the fourth term. In case of BJP’s win in the state, Chouhan’s grip on the party organisation will be stronger than it is now. MP’s Urban Development Minister Kailash Vijayvargiya has been very active in Maharashtra. He has been in Vidarbha for three months. Staying in Vidarbha, Vijayvargiya controlled the party’s electioneering. If the BJP gets good number of seats in Vidarbha, Vijayvargiya will get its benefits. In the previous assembly election, the BJP was on not strong wicket in the Vidarbha region. Vijayvargiya’s prestige depends on the number of seats the BJP gets there. He has already campaigned for the party in Haryana, Bihar, UP, West Bengal and Uttarakhand.SINGAPORE: A domestic helper shared on social media that her employer “forced her” to stay and keep working even though she wanted to quit because of her mental health issues. Posting anonymously in the Facebook group ‘MDW in Singapore’ on Friday (Nov 22), she opened up about feeling overwhelmed and stressed at work. She wrote that “she’s been doing her best at her job,” but the stress of dealing with her employer’s mood swings and the tough work environment has taken a serious toll on her. “I feel really stressed and [find it] difficult to cope with my working environment,” she lamented. “I cannot take the feeling of my stress anymore and can’t eat and sleep well because of this.” When she tried to discuss her decision to terminate her contract, her employer dismissed her concerns and insisted that she stay and continue working. “Is the mental health of the helper not a valid reason to terminate the contract? Cause my employer, I don’t know if she understands or just doesn’t want to understand,” she wrote, asking for advice. “Employers have no right to hold a helper when there is no more peace.” In the comments section, many netizens agreed that her employer cannot ‘force’ her to keep working and that mental health is a valid reason to resign. They encouraged her to talk to her employer about the decision again, clarifying that her well-being was at stake and that she could not continue under such stressful conditions. One netizen said, “Apologies to say, but employers have no right to hold a helper when there is no more peace. If the helper is stressed and depressed because of the workload, and there is no more understanding between them and no more consideration about what’s happening, why should the helper still be there? Helpers have the right to resign, find a better work environment, work peacefully, and work responsibly and with full pride, not by force.” A few others also advised her to contact the Ministry of Manpower (MOM) or worker advocacy groups for guidance on how to proceed legally and protect her rights. One netizen commented, “I believe you did SIP training. If you listened during the training, then you should have an idea of what to do or who to call when employment issues arise. Agency, embassy, CDE, or MOM are some of the help channels you can reach out to.” Another wrote, “Know your rights. An employer can not hold back a helper if the helper doesn’t like to work with the employer anymore. You can consult with your agent and seek their help to midiate between you and your employer. Mental health is a serious matter. Take good care of yourself.” Domestic helpers have the right to resign at any time According to the Ministry of Manpower (MOM), employees, including domestic helpers, have the right to resign at any time as long as they give the required notice or compensate their employer with salary in lieu of notice. Employers cannot refuse to cancel a work pass (such as an EP, S Pass, or Work Permit), and they cannot use this as a means to pressure or punish employees during disputes. If there’s a disagreement, both the employer and employee should try to sort it out calmly, or they can get help through mediation by contacting the employment agency, the Association of Employment Agencies (Singapore), or the Centre for Domestic Employees. If the employer still refuses to cancel the work pass after the helper has resigned and given notice, the worker can contact MOM for help. Read also: Maid says she “doesn’t want to work” but wants to report her employer who “doesn’t want to pay” Featured image by Depositphotos (for illustration purposes only)
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Lazio are guaranteed a place in the Europa League next phase after their confident 3-1 victory away to Ajax, with Loum Tchaouna, Fisayo Dele-Bashiru and a Pedro stunner. The Aquile had won every game in the tournament until their controversial 0-0 with Ludogorets, where a clear penalty was denied even after the VAR review. Alessio Romagnoli and Matias Vecino were injured, while their fans were not allowed because of Francesco Farioli’s Ajax had Owen Wijndal suspended, Davy Klaassen, Sivert Mannsverk, Amourricho Van Axel-Dongen, Gaston Avila and ex-Roma midfielder Benjamin Tahirovic out of action. Bertrand Traoré curled wide and Taty Castellanos almost pounced on a weak Youri Baas back-pass, which was only a warning for the opening goal. Boulaye Dia forced Kenneth Taylor into a misplaced pass in midfield, allowing Castellanos to send Tchaouna onto a through ball to beat Remko Pasveer one-on-one. Brian Brobbey mistimed the jump to nod wide on an Ajax corner kick routine, but Castellanos almost intercepted another awful Baas back-pass, as Pasveer just about managed to clear. A Castellanos snapshot and Brobbey header both skimmed the upright, but Ajax equalised straight after the restart. Luca Pellegrini cleared Taylor’s header off the line from a free kick, then could do nothing as Traore blasted the rebound into the near top corner from 10 yards. Lazio restored their advantage within five minutes, as substitute Mattia Zaccagni got down the left and flashed a ball across the face of goal for Dele-Bashiru at the back post, Pasveer unable to claw it off the line. Pasveer kept his team in it with a double save on Tchaouna’s solo run and the – offside – Castellanos follow-up, while Luca Pellegrini almost gifted Brobbey a goal with an ill-advised cushioned chest back to his goalkeeper. Lazio further extended their lead in Amsterdam with a spectacular goal. Nuno Tavares – who came on for injured Pellegrini – started the run from his own half, his pass found a cheeky Tchaouna back-heel flick to set up the stunning Pedro sweep into the far top corner from the edge of the area with the inside of the left boot. Rolling back the years 💥 Pedro puts the game to bed for Lazio with a fantastic curling effort 🔥 📺 & — Football on TNT Sports (@footballontnt) Castellanos should’ve made it 4-1 only to see his dinked finish denied by an outstretched Pasveer hand, then Traore saw his curler smack against the crossbar, followed swiftly by a great Mandas reaction save on Chuba Akpom from close range. Akpom also steered a free header wide from six yards and in stoppages the Gaaei cross-shot hit the frame of the Lazio goal. Tchaouna 12 (L), Traore 47 (A), Dele-Bashiru 52 (L), Pedro 77 (L)Trump taps Rollins as agriculture chief, completing proposed slate of Cabinet secretaries
HUNTINGTON BEACH, Calif. , Nov. 21, 2024 /PRNewswire/ -- Beacon Healthcare Systems , is pleased to announce the appointment of Ayman Mohamed as its new Chief Technology Officer, effective November 18 , signaling a new direction in innovation and technology leadership. With over 20 years of senior leadership, strategic, and operational product management experience, Ayman brings a wealth of knowledge and expertise to the role. Ayman Mohamed is a seasoned technology leader with a proven track record of launching innovative products in new and existing markets, generating significant revenue streams, and creating profitable enterprises. His passion for building high-quality products and commitment to servant leadership have earned him a reputation for building trust and fostering collaborative, high-performing teams. Throughout his career, Ayman has demonstrated a deep understanding of software architecture and broad hands-on technical skills. He has successfully helped organizations succeed, with experience spanning startups and larger companies in the San Francisco Bay and Washington DC metro areas. In his new role at Beacon Healthcare Systems, Ayman will lead engineering and delivery teams, develop a product roadmap, and lead technology development, testing, and implementation efforts. "We are thrilled to have Ayman join Beacon Healthcare Systems at this pivotal time. Our vision is to harness cutting-edge technologies to enhance our products, implementations, and continue to give our clients the level of quality they expect," said Todd Petersen , CEO. Ayman Mohamed's previous roles include leadership positions at Amazon Web Services, American Well, Avizia, Intersections Inc, Zumetrics, Moasis Global, and Ultra Zoom Technologies. His strategic and operational skills, combined with his ability to thrive in dynamic environments and his bias for action, make him an invaluable asset to Beacon Healthcare Systems. About Beacon Healthcare Systems. Beacon Healthcare Systems streamlines the business of healthcare through reliable innovative SaaS technology delivered by industry experts. With a focus on appeals and grievances, compliance, and analytics, Beacon HCS is the first place health plans turn when looking for a trusted, experienced partner that can help them reduce costs, grow revenue, and achieve their strategic goals. Founded in 2011, Beacon HCS is a privately held California -based company. Visit our website at www.beaconhcs.com Media Contact: 9048744189 | Dkroog@ beacon@beaconhcs.com View original content to download multimedia: https://www.prnewswire.com/news-releases/beacon-healthcare-systems-expands-leadership-team-with-addition-of-ayman-mohamed-as-chief-technology-officer-302313686.html SOURCE Beacon Healthcare Systems Best trending stories from the week. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. You may occasionally receive promotions exclusive discounted subscription offers from the Roswell Daily Record. Feel free to cancel any time via the unsubscribe link in the newsletter you received. You can also control your newsletter options via your user dashboard by signing in.Morsy and Guehi make rainbow armband statements again - here's what their bosses said