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Jalon Moore led No. 12 Oklahoma with 22 points in an 89-67 home win against pesky Prairie View A&M in Norman on Sunday. Jeremiah Fears scored 19 points and Duke Miles added 17 for the Sooners, who are 13-0 for the fourth time in program history and the first time since the 1987-88 season. Tanahj Pettway led PVAMU with 22 points while Marcel Bryant added 14. Braelon Bush and Jordan Tillmon each chipped in 11 points for PVAMU (1-13) which played without leading scorer Nick Anderson (18.9 points per game). The Sooners finally pulled away from the determined Panthers with 5:20 left on a 10-3 run that started when Sam Goodwin tipped in a rebound and was capped by a Glenn Taylor Jr. rebound for an 80-63 lead. A Kobe Elvis 3-pointer capped a game-closing 9-0 Sooners run. Pettway connected on a 3-pointer from the wing that gave the Panthers a 5-2 lead. PVAMU hung tight on a Bryant jumper that tied the game at 7. Even though they were short-handed, the Panthers' largest first-half deficit was only 11. A Pettway layup and his steal in the full-court press that led to Bryant's turnaround jumper in the lane as the Panthers closed within 34-30. PVAMU's rally prompted an Oklahoma timeout after which Miles drilled a 3-pointer to kick off a half-closing 9-2 spurt for a 43-32 halftime lead. Braelon Bush's 3-pointer pulled the Panthers within 58-50 with 11:17 left in the game. It was the Panthers' 12th straight nonconference road game. PVAMU returns to its home court Saturday against Grambling. Oklahoma kicks off its first season in the SEC at No. 5 Alabama on Saturday. --Field Level Media
Stitch Fix Announces First Quarter of Fiscal Year 2025 Financial Results
SAN FRANCISCO, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. SFIX , the leading online personal styling service, today announced its financial results for the first quarter of fiscal year 2025, ended November 2, 2024. "Our fiscal year is off to a strong start. We exceeded our expectations in the first quarter on the top and bottom lines," said Matt Baer, Chief Executive Officer, Stitch Fix. "Our clients are responding to the newness we have brought to our assortment as well as the improvements we've made to our client experience. This progress is a testament to the Stitch Fix team's ongoing execution of our transformation strategy, and we continue to expect to return to revenue growth by the end of FY26." During the first quarter of fiscal 2024, we ceased operations of our UK business and met the accounting requirements for reporting the UK business as a discontinued operation. Accordingly, our unaudited condensed consolidated financial statements reflect the results of the UK business as a discontinued operation for all periods presented. Unless otherwise noted, amounts and disclosures below relate to our continuing operations. First Quarter Fiscal 2025 Key Metrics and Financial Highlights Net revenue of $318.8 million, a decrease of 12.6% year-over-year. Active clients of 2,434,000, a decrease of 74,000, or 3.0%, quarter-over-quarter; and a decrease of 555,000, or 18.6%, year-over-year. Net revenue per active client ("RPAC") of $531, an increase of 4.9% year-over-year. Gross margin of 45.4%, an increase of 180 basis points year-over-year, which reflects improved transportation leverage and product margins. Net loss of $6.3 million and diluted loss per share of $0.05. Adjusted EBITDA of $13.5 million, which reflects continued cost management discipline. Net cash provided by operating activities of $14.3 million and free cash flow of $9.9 million in the first fiscal quarter. We ended the quarter with $253.3 million of cash, cash equivalents, and investments; and no debt. Financial Outlook Our financial outlook for the second quarter of fiscal 2025, ending February 1, 2025, is as follows: Q2 2025 Net Revenue $290 million – $300 million (12)% – (9)% YoY Adjusted EBITDA $8 million – $13 million 2.8% – 4.3% margin Our fiscal year is a 52-week or 53-week period ending on the Saturday closest to July 31. The fiscal year 2025 is a 52-week year and the fiscal year 2024 was a 53-week year, with the extra week occurring in the fourth quarter ending August 3, 2024. Our financial outlook for fiscal year 2025 is as follows: Fiscal Year 2025 Net Revenue $1.14 billion – $1.18 billion (15)% – (12)% YoY (13)% – (10)% YoY adjusted to a 52-week period (1) Adjusted EBITDA $25 million – $36 million 2.2% – 3.1% margin (1) Full fiscal year 2024 net revenue from continuing operations has been adjusted to remove the impact of the 53rd week for year-over-year comparative purposes. We expect both the second quarter and full fiscal year 2025 gross margin to be approximately 44% to 45%, and full fiscal year 2025 advertising expense as a percentage of revenue to be at the high end of an 8% to 9% range. Stitch Fix has not reconciled its Adjusted EBITDA outlook to GAAP net income (loss) because it does not provide an outlook for GAAP net income (loss) due to the uncertainty and potential variability of restructuring and other one-time costs, net other income (expense), provision for income taxes, and stock-based compensation expense, which are reconciling items between Adjusted EBITDA and GAAP net income (loss). Because Stitch Fix cannot reasonably predict such items, a reconciliation of the non-GAAP financial measure outlook to the corresponding GAAP measure is not available without unreasonable effort. We caution, however, that such items could have a significant impact on the calculation of GAAP net income (loss). For more information regarding the non-GAAP financial measures discussed in this release, please see "Non-GAAP Financial Measures" below. Conference Call and Webcast Information Matt Baer, Chief Executive Officer of Stitch Fix, and David Aufderhaar, Chief Financial Officer of Stitch Fix, will host a conference call at 2:00 p.m. Pacific Time today to discuss the Company's financial results and outlook. A live webcast of the call will be accessible on the investor relations section of the Stitch Fix website at https://investors.stitchfix.com . To access the call by phone, please register at the following link: Dial-In Registration: https://register.vevent.com/register/BIb75f616c9a2a4320adf40088c7b87810 Upon registration, telephone participants will receive the dial-in number along with a unique PIN number that can be used to access the call. A replay of the webcast will also be available for a limited time at https://investors.stitchfix.com . About Stitch Fix, Inc. Stitch Fix SFIX is the leading online personal styling service that helps people discover the styles they will love that fit perfectly so they always look - and feel - their best. Few things are more personal than getting dressed, but finding clothing that fits and looks great can be a challenge. Stitch Fix solves that problem. By pairing expert stylists with best-in-class AI and recommendation algorithms, the company leverages its assortment of exclusive and national brands to meet each client's individual tastes and needs, making it convenient for clients to express their personal style without having to spend hours in stores or sifting through endless choices online. Stitch Fix, which was founded in 2011, is headquartered in San Francisco. For more information, please visit https://www.stitchfix.com . Forward-Looking Statements This press release, the related conference call, and webcast contain forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact could be deemed forward looking, including but not limited to statements regarding our expectations for future financial performance, including our profitability and long-term targets; guidance on financial results and metrics for the second quarter and full fiscal year of 2025; that the execution of our strategy and priorities will enable us to achieve long-term, sustainable, and profitable growth and positive free cash flow; our expectation to return to revenue growth by the end of fiscal year 2026; that the changes we have made to our client experience will help us acquire, retain, and reactivate highly engaged clients over time and better serve our clients; that our actions to make Stylists more visible to our clients will deepen relationships between clients and Stylists and increase client engagement; and our expectations regarding warehouse costs, transportation costs, gross margin, inventory levels, and advertising spend. These statements involve substantial risks and uncertainties, including risks and uncertainties related to the current macroeconomic environment; our ability to generate sufficient net revenue to offset our costs; consumer behavior; our ability to acquire, engage, and retain clients; our ability to provide offerings and services that achieve market acceptance; our data science and technology, Stylists, operations, marketing initiatives, and other key strategic areas; risks related to our inventory levels and management; risks related to our supply chain, sourcing of materials and shipping of merchandise; our ability to forecast our future operating results; and other risks described in the filings we make with the SEC. Further information on these and other factors that could cause our financial results, performance, and achievements to differ materially from any results, performance, or achievements anticipated, expressed, or implied by these forward-looking statements is included in filings we make with the SEC from time to time, including in the section titled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended August 3, 2024. These documents are available on the SEC Filings section of the Investor Relations section of our website at: https://investors.stitchfix.com . We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. The achievement or success of the matters covered by such forward-looking statements involves known and unknown risks, uncertainties, and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, our results could differ materially from the results expressed or implied by the forward-looking statements we make. You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management's beliefs and assumptions only as of the date such statements are made. Stitch Fix, Inc. Condensed Consolidated Balance Sheets (Unaudited) (In thousands, except per share amounts) November 2, 2024 August 3, 2024 Assets Current assets: Cash and cash equivalents $ 137,153 $ 162,862 Short-term investments 116,119 84,106 Inventory, net 119,145 97,903 Prepaid expenses and other current assets 20,099 21,839 Total current assets 392,516 366,710 Property and equipment, net 49,204 51,517 Operating lease right-of-use assets 60,616 63,780 Other long-term assets 4,783 4,857 Total assets $ 507,119 $ 486,864 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 114,386 $ 87,058 Operating lease liabilities 21,999 21,817 Accrued liabilities 69,352 73,007 Gift card liability 6,296 6,749 Deferred revenue 9,256 9,217 Other current liabilities 5,232 5,201 Current liabilities, discontinued operations 32 502 Total current liabilities 226,553 203,551 Operating lease liabilities, net of current portion 89,465 95,685 Other long-term liabilities 606 606 Total liabilities 316,624 299,842 Stockholders' equity: Class A common stock, $0.00002 par value 1 1 Class B common stock, $0.00002 par value 1 1 Additional paid-in capital 694,339 684,650 Accumulated other comprehensive income (loss) (295 ) (335 ) Accumulated deficit (473,509 ) (467,253 ) Treasury stock, at cost (30,042 ) (30,042 ) Total stockholders' equity 190,495 187,022 Total liabilities and stockholders' equity $ 507,119 $ 486,864 Stitch Fix, Inc. Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) (In thousands, except share and per share amounts) For the Three Months Ended November 2, 2024 October 28, 2023 Revenue, net $ 318,818 $ 364,785 Cost of goods sold 174,013 205,682 Gross profit 144,805 159,103 Gross margin 45.4 % 43.6 % Selling, general, and administrative expenses 153,771 187,764 Operating loss (8,966 ) (28,661 ) Interest income 2,932 2,248 Other income (expense), net (72 ) 411 Loss before income taxes (6,106 ) (26,002 ) Provision for income taxes 157 169 Net loss from continuing operations (6,263 ) (26,171 ) Net income (loss) from discontinued operations, net of income taxes 7 (9,319 ) Net loss (6,256 ) (35,490 ) Other comprehensive income (loss): Change in unrealized gains and losses on available-for-sale securities, net of tax 40 121 Foreign currency translation — (1,129 ) Total other comprehensive income (loss), net of tax 40 (1,008 ) Comprehensive loss $ (6,216 ) $ (36,498 ) Loss per share from continuing operations, attributable to common stockholders: Basic $ (0.05 ) $ (0.22 ) Diluted $ (0.05 ) $ (0.22 ) Loss per share from discontinued operations, attributable to common stockholders: Basic $ 0.00 $ (0.08 ) Diluted $ 0.00 $ (0.08 ) Loss per share attributable to common stockholders: Basic $ (0.05 ) $ (0.30 ) Diluted $ (0.05 ) $ (0.30 ) Weighted-average shares used to compute loss per share attributable to common stockholders: Basic 125,972,658 116,645,160 Diluted 125,972,658 116,645,160 Stitch Fix, Inc. Condensed Consolidated Statements of Cash Flow (Unaudited) (In thousands) For the Three Months Ended November 2, 2024 October 28, 2023 Cash Flows from Operating Activities from Continuing Operations Net loss from continuing operations $ (6,263 ) $ (26,171 ) Adjustments to reconcile net loss from continuing operations to net cash provided by operating activities from continuing operations: Change in inventory reserves 4,970 3,083 Stock-based compensation expense 12,650 19,902 Depreciation, amortization, and accretion 6,859 13,784 Other 34 19 Change in operating assets and liabilities: Inventory (26,212 ) (33,255 ) Prepaid expenses and other assets 1,771 2,800 Operating lease right-of-use assets and liabilities (2,874 ) (1,349 ) Accounts payable 27,223 34,709 Accrued liabilities (3,507 ) 7,502 Deferred revenue 39 (664 ) Gift card liability (453 ) (503 ) Other liabilities 31 702 Net cash provided by operating activities from continuing operations 14,268 20,559 Cash Flows from Investing Activities from Continuing Operations Proceeds from sale of property and equipment — 21 Purchases of property and equipment (4,323 ) (3,653 ) Purchases of securities available-for-sale (46,074 ) — Sales of securities available-for-sale 2,468 — Maturities of securities available-for-sale 12,200 12,820 Net cash provided by (used in) investing activities from continuing operations (35,729 ) 9,188 Cash Flows from Financing Activities from Continuing Operations Payments for tax withholdings related to vesting of restricted stock units (3,785 ) (4,008 ) Other — (100 ) Net cash used in financing activities from continuing operations (3,785 ) (4,108 ) Net increase (decrease) in cash and cash equivalents from continuing operations (25,246 ) 25,639 Cash Flows from Discontinued Operations Net cash used in operating activities from discontinued operations (463 ) (6,119 ) Net cash used in financing activities from discontinued operations — (164 ) Net decrease in cash and cash equivalents from discontinued operations (463 ) (6,283 ) Effect of exchange rate changes on cash and cash equivalents — (1,895 ) Net increase (decrease) in cash and cash equivalents (25,709 ) 17,461 Cash and cash equivalents at beginning of period 162,862 239,437 Cash and cash equivalents at end of period $ 137,153 $ 256,898 Supplemental Disclosure Cash paid for income taxes $ 521 $ 386 Supplemental Disclosure of Non-Cash Investing and Financing Activities Purchases of property and equipment included in accounts payable and accrued liabilities $ 43 $ 1,099 Capitalized stock-based compensation $ 824 $ 1,303 Non-GAAP Financial Measures We report our financial results in accordance with generally accepted accounting principles in the United States ("GAAP"). However, management believes that certain non-GAAP financial measures provide users of our financial information with additional useful information in evaluating our performance. We believe that adjusted EBITDA from continuing operations ("Adjusted EBITDA") is frequently used by investors and securities analysts in their evaluations of companies, and that this supplemental measure facilitates comparisons between continuing operations of companies. We believe free cash flow from continuing operations ("Free Cash Flow") is an important metric because it represents a measure of how much cash from continuing operations we have available for discretionary and non-discretionary items after the deduction of capital expenditures. These non-GAAP financial measures may be different than similarly titled measures used by other companies. Our non-GAAP financial measures should not be considered in isolation from, or as substitutes for, financial information prepared in accordance with GAAP. There are several limitations related to the use of our non-GAAP financial measures as compared to the closest comparable GAAP measures. Some of these limitations include: Adjusted EBITDA excludes interest income and net other (income) expense as these items are not components of our core business; Adjusted EBITDA does not reflect our provision for income taxes, which may increase or decrease cash available to us; Adjusted EBITDA excludes the recurring, non-cash expenses of depreciation and amortization of property and equipment and, although these are non-cash expenses, the assets being depreciated and amortized may have to be replaced in the future; Adjusted EBITDA excludes the non-cash expense of stock-based compensation, which has been, and will continue to be for the foreseeable future, an important part of how we attract and retain our employees and a significant recurring expense in our business; Adjusted EBITDA excludes costs incurred related to discrete restructuring plans and other one-time costs attributable to our continuing operations that are fundamentally different in strategic nature and frequency from ongoing initiatives. We believe exclusion of these items facilitates a more consistent comparison of operating performance over time, however these costs do include cash outflows; and Free Cash Flow does not represent the total residual cash flow available for discretionary purposes and does not reflect our future contractual commitments. Adjusted EBITDA We define Adjusted EBITDA as net loss from continuing operations excluding interest income, net other (income) expense, provision for income taxes, depreciation and amortization, stock-based compensation expense, and restructuring and other one-time costs related to our continuing operations. The following table presents a reconciliation of net loss from continuing operations, the most comparable GAAP financial measure, to Adjusted EBITDA for each of the periods presented: For the Three Months Ended (in thousands) November 2, 2024 October 28, 2023 Net loss from continuing operations $ (6,263 ) $ (26,171 ) Add (deduct): Interest income (2,932 ) (2,248 ) Other (income) expense, net 72 (411 ) Provision for income taxes 157 169 Depreciation and amortization (1) 7,385 9,439 Stock-based compensation expense 12,650 19,902 Restructuring and other one-time costs (2) 2,425 7,950 Adjusted EBITDA $ 13,494 $ 8,630 (1) For the three months ended October 28, 2023, depreciation and amortization excluded $4.3 million reflected in "Restructuring and other one-time costs." (2) For the three months ended November 2, 2024, restructuring charges were $1.0 million in severance and employee-related benefits and other restructuring costs; and other-one time costs were $1.4 million in one-time bonuses for certain continuing employees. For the three months ended October 28, 2023, restructuring charges were $8.0 million in severance and employee-related benefits, accelerated depreciation, and other restructuring costs. Free Cash Flow We define Free Cash Flow as net cash flows provided by operating activities from continuing operations, reduced by purchases of property and equipment that are included in cash flows from investing activities from continuing operations. The following table presents a reconciliation of net cash flows provided by operating activities from continuing operations, the most comparable GAAP financial measure, to Free Cash Flow for each of the periods presented: For the Three Months Ended (in thousands) November 2, 2024 October 28, 2023 Free Cash Flow reconciliation: Net cash provided by operating activities from continuing operations $ 14,268 $ 20,559 Deduct: Purchases of property and equipment from continuing operations (4,323 ) (3,653 ) Free Cash Flow $ 9,945 $ 16,906 Net cash provided by (used in) investing activities from continuing operations $ (35,729 ) $ 9,188 Net cash used in financing activities from continuing operations $ (3,785 ) $ (4,108 ) Operating Metrics (in thousands) November 2, 2024 August 3, 2024 April 27, 2024 January 27, 2024 October 28, 2023 Active clients 2,434 2,508 2,633 2,805 2,989 Net Revenue per Active Client $ 531 $ 533 $ 525 $ 515 $ 506 Active Clients We define an active client as a client who checked out a Fix or was shipped an item via Freestyle in the preceding 52 weeks, measured as of the last day of that period. Clients check out a Fix when they indicate what items they are keeping through our mobile application or on our website. We consider each Women's, Men's, or Kids account as a client, even if they share the same household. Net Revenue per Active Client We calculate net revenue per active client based on net revenue over the preceding four fiscal quarters divided by the number of active clients measured as of the last day of the period. IR Contact: PR Contact: ir@stitchfix.com media@stitchfix.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.US stocks mostly rose Friday after a report showed a healthy jobs market, and Paris rallied as President Emmanuel Macron vowed to serve out his full term and end France's political crisis. Oil fell on concerns of oversupply and Bitcoin held at a level over $100,000 after hitting records Thursday. The world's biggest economy gained 227,000 jobs in November, more than analysts expected and up from a revised 36,000 in October, said the US Department of Labor. "The US jobs market has emphatically rebounded following October's disappointing data," said Neal Keane, head of global sales trading at ADSS. October's figures had been depressed by hurricanes and workers' strikes, while November's increases may have been exaggerated by the end of a strike at Boeing in particular -- and by retail hiring ahead of the holiday season. US stocks mostly closed higher, with the broad-based S&P 500 and tech-focused Nasdaq both hitting fresh records, although the Dow retreated slightly. Investors are mostly betting that November's jobs numbers, while comforting, are probably not strong enough to deter the Federal Reserve from cutting interest rates again this month. "Investors needed a reassuring jobs report and that's exactly what they got," said eToro analyst Bret Kenwell. "The market still favors a rate cut from the Fed later this month and this report may not change that expectation." The Paris stock market closed up 1.3 percent on "hope that President Emmanuel Macron will serve out his term and that a (French) budget can be passed in the coming weeks," noted Derren Nathan, head of equity research at Hargreaves Lansdown. Macron on Friday was holding talks with French political leaders on the left and right as he seeks to quickly name a new prime minister after Michel Barnier's government was ousted in a historic no-confidence vote. Macron adopted a defiant tone in an address to the nation Thursday evening, just 24 hours after parliament voted out Barnier over his 2025 budget plan, which included unpopular austerity measures forced through without a vote using special powers. The luxury sector benefitted also from hopes of a pickup in Chinese demand. Gucci owner Kering topped the Paris CAC 40 as its shares gained more than six percent, while LVMH rose more than three percent. French video game company Ubisoft jumped 13 percent on takeover speculation. Frankfurt closed slightly higher, other continental markets were mixed, and London slid. In Asia, shares in Seoul sank more than one percent and the won weakened to about 1,420 per dollar as lawmakers prepared to hold an impeachment vote Saturday after President Yoon Suk Yeol's dramatic, short-lived imposition of martial law this week. While analysts said the economic fallout from the crisis would likely be limited, a political storm is ongoing. Hong Kong and Shanghai rallied as investors grew hopeful of fresh stimulus when top Chinese leaders including President Xi Jinping meet to discuss economic policy next week. Bitcoin hovered above $100,000 after having blasted to the historic peak of $103,800 Thursday on news that US President-elect Donald Trump had picked crypto proponent Paul Atkins to head the nation's markets regulator. New York - Dow: DOWN 0.3 percent at 44,642.52 points (close) New York - S&P 500: UP 0.3 percent at 6,090.27 (close) New York - Nasdaq Composite: UP 0.8 percent at 19,859.77 (close) Paris - CAC 40: UP 1.3 percent at 7,426.88 (close) Frankfurt - DAX: UP 0.1 percent at 20,384.61 (close) London - FTSE 100: DOWN 0.5 percent at 8,308.61 (close) Tokyo - Nikkei 225: DOWN 0.8 percent at 39,091.17 (close) Hong Kong - Hang Seng Index: UP 1.6 percent at 19,865.85 (close) Shanghai - Composite: UP 1.1 percent at 3,404.08 (close) Euro/dollar: DOWN at $1.0566 from $1.0591 on Thursday Pound/dollar: DOWN at $1.2740 from $1.2760 Dollar/yen: DOWN at 149.97 yen from 150.09 yen Euro/pound: DOWN at 82.93 from 82.97 pence West Texas Intermediate: DOWN 1.6 percent at $67.20 per barrel Brent North Sea Crude: DOWN 1.4 percent at $71.12 per barrel gv/rl/bys/aha
LAS VEGAS — Bet this: That following a 19-14 win by the Las Vegas Raiders over the Jacksonville Jaguars on Sunday at Allegiant Stadium, after the home team had snapped its 10-game losing streak, a certain amount of fans was disappointed in the outcome. Maybe a whole lot of them. They are the ones hoping for the highest draft pick possible for the Raiders. The ones who are sure a franchise quarterback exists within the top few selections. The ones who believe a Shedeur Sanders or Cam Ward can make all the difference in turning the fortunes of this team around. That either can be the reason all this losing stops. Do you know who couldn’t care less about any of that? Players and coaches. Nor should they. Tanking has never been part of their vocabulary. The Raiders are 3-12 after turning away Jacksonville, and for it, would hold the No. 6 pick in the draft should it commence today. Prior to kickoff Sunday, they owned a top-two pick. Yeah. Big difference. They’re now behind the Giants, Browns and Titans — all three of which will likely also be looking to upgrade at quarterback. “It has been a minute since we (won),” wide receiver Jakobi Meyers said. “Forgot for a second what it feels like. But guys are never going to quit. We hear about (draft picks) and all that, but we’re professionals. You always hear it when you’re having a bad season — you hear it across the league. But we do our best to win every play every day. And wherever the ball falls, it falls.” ‘We want to win’ It fell in their side of the ledger Sunday, the Raiders proving the better of two bad football teams. You know things are a little slow when one of the biggest end-zone celebrations occurred when the cheer team announced winners of Dancer of the Year, Rookie of the Year and Raiderette of the Year. Congrats to all. It’s too hard a game to give anything but your maximum effort. Too violent an existence to care about anything other than beating the guy opposite of you. There’s too much on the line. “For us, we work hard every single day,” running back Alexander Mattison said. “The outcome is always going to be that we want to win and make plays on that field and come out victorious. “We don’t think about the politics of it, even though everybody else out there does. It’s not what we care about. We want to win every game and dominate. Glad we were able to do that today — especially when you haven’t won in so long.” Fans might not want to hear it. There is a faction that might term Sunday’s victory one of the worst in team history given how much it moved the Raiders down the draft order. And who knows what they might think should the team win one or both of its last two games. Which is altogether possible. The Saints are 5-9 and without starting quarterback Derek Carr, and the Chargers, by the time they visit to close out the regular season here, could have a playoff seed wrapped up. Who knows if quarterback Justin Herbert will even play against the Raiders. Hard to win “It is so hard to win in this league,” Mattison said. “When you’re this close so many times ... We were hungry for it. We just want to finish the season strong. If we can do that, we’ll feel good about the spot we’re in. “We try and be where our feet are. We can’t change the past, but we can continue to work every single day like we’ve been doing.” That’s all they know. That’s all they care about. Fans can worry about draft picks, and, well, that’s not to say they’re wrong. This franchise needs a future at the game’s most important position. Nothing bad for thinking that way. But it’s not how players and coaches go about their business. Not how professionals act. Tanking isn’t part of their DNA. Too hard a game. Too much on the line. ©2024 Las Vegas Review-Journal. Visit reviewjournal.com. . Distributed by Tribune Content Agency, LLC.
Nine-Day Statewide Fete To Mark Victory of Public GovernanceFRONT ROYAL, Va. — Gladys Marie (Paugh) Silber of Front Royal, Va., died peacefully in her sleep in her home on Dec. 5, 2024. Born on July 6, 1919 on a farm near Oakland to the late Robert Scott Paugh and Mabel Browning Paugh, she was predeceased by her husband of 53 years, Frank Charles Silber. After graduating from Oakland High School in Oakland in 1935, Gladys graduated from Catherman’s Business College in Cumberland in 1937. In 1941, she moved to Washington, D.C. to work for the U.S. Department of Agriculture. After she and Frank married in 1942, she transferred to the War Department and later to Edgewood Arsenal with the Chemical Warfare Service and the Chemical Corps. In 1953, they built their home in Falls Church, Va. In 1962, she retired to give birth to their daughter, Lisa. From the mid-195’s until 1983, Gladys and Frank owned and operated Falls Church Plumbing and Heating Inc. In 1981, Gladys returned to federal employment with the U.S. Defense Logistics Agency and retired with 24 years of federal service. In 2001, six years after Frank died, she moved to Front Royal to begin a new life. Fiercely independent, she lived in her new home for 23 years. She was in excellent health and was not hospitalized between 1962 and 2024. She drove her car until 2020. She loved meeting new people, eating at her favorite restaurants, sending Christmas cards, and watching the birds at her bird feeder. A devout Christian and Republican, she followed politics as avidly as some people follow baseball. Gladys is survived by her daughter, Lisa Silber Mauck (Dwayne) of Front Royal, grandson Derrick Mauck (Cassandra) and great-granddaughters, Mackenzie Mauck and Mackayla Mauck of Warrenton, Va. Predeceased by several nieces and nephews, Gladys is survived by nephews James Owendoff, Michael Paugh, Bill Athey, and nieces Donna Paugh, Cathy Shaffer, Denise Blankinship, Kay Himes, Frances Vandivier, Norma Schlosnagle, and Mary Silber, and their extended families. She is also survived by cousins Jane Bennighof of Lutherville, and Janet Paugh of Oakland. Gladys was predeceased by her brothers, Rob Roy Paugh, Jeremiah Lester Paugh and her sisters, Vauda Owendoff Schwanke and Oma Paugh Moses. A Celebration of Life will be held at The Church at Skyline, 7655 Stonewall Jackson Highway, Front Royal, on Saturday, Dec. 14, at 3 p.m. Family visitation will be from 1:30-2:30 p.m. prior to the service. Interment will be at Garrett County Memorial Gardens, 881 Memorial Drive, Oakland, on Sunday, Dec. 15, at 1 p.m. She will be buried alongside the love of her life, Frank Silber, in the town where they met in 1939. Pallbearers will be Derrick Mauck, James Owendoff, Nathan Owendoff, John Owendoff, Michael Paugh, and Manuel Tederick. In lieu of flowers, Gladys requested family and friends consider donating to The Church at Skyline Building Expansion Fund at https://www.thechurchatskyline.com/giving .