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The Hidden Giants: Uncovering the Next Big Opportunities in the Tech WorldMinnesota hunters registered 120,675 deer after the third weekend of the firearms deer season, up 6% from 2023, but down 4% from the five-year mean, or average, the Department of Natural Resources reported Tuesday, Nov. 26. Deer Season A opened Saturday, Nov. 9, and ended Nov. 17 in 200- and 300-series deer permit areas (DPAs) and continued through Nov. 24 in 100-series DPAs, which are mainly in the northern and northeastern part of the state. ADVERTISEMENT The Season B firearms deer season in 300-series DPAs opened Nov. 23 and continues through Sunday, Dec. 1. The firearms deer harvest by region after 16 days was as follows: According to Todd Froberg, big game program coordinator for the DNR at Whitewater Wildlife Management Area in Altura, Minnesota, the harvest really only increased in the Northwest, Northeast and Central regions during the rest of the 16-day season and then in the B season in the southeast part of the state. The 200-series DPAs only had the nine-day season, and there is only one DPA in the southwest region open during the ongoing B season, Froberg said. The cumulative harvest to date, which includes archery, firearm, early antlerless, youth and special hunts, was 153,390 deer, the DNR said. That’s up 3% from 2023, but down 6% from the five-year average and down 8% from the 10-year average. Cumulative tallies by region were as follows: In related deer hunting news, Minnesota archery hunters as of Tuesday had harvested 23,047 deer, Froberg said, up 12% from last year. Crossbows, which are legal for all archery hunters in Minnesota, are making up a greater percentage of the archery harvest, Froberg says. ADVERTISEMENT “Crossbows are making up 47% of (the) archery harvest,” he said. “For crossbow-specific harvest, we are up 24% compared to last year’s crossbow harvest. Vertical bow harvest is up 4% compared to last year’s vertical bow harvest.” Minnesota’s muzzleloader opens Saturday, Nov. 30, and continues through Sunday, Dec. 15. Archery season continues through Dec. 31. The DNR posts regular harvest updates, both statewide and by DPA, on its website at dnr.state.mn.us/mammals/deer/management/statistics.html.Stock market today: Wall Street hits records despite tariff talk
Minnesota firearms deer harvest remains above 2023 after third weekend, DNR says
Coach Dave Clawson of Wake Forest is well aware of the rivalry with North Carolina, but that doesn’t mean there’s not a built-in respect for fellow coach Mack Brown. Brown, 73, was fired on Tuesday but will be staying to finish the season. It was Brown’s second stint as coach of the Tar Heels and through the years Clawson has gotten to know Brown very well. “I like Mack,” Clawson said on Tuesday afternoon at his weekly news conference ahead of the Demon Deacons game with Duke on Saturday. “You know, it’s funny but in the league, I get along with Dave Doeren (of NC State) fine, and (David) Cutcliffe (the former Duke coach) and I always got along well, but we didn’t play North Carolina every year and we went a lot of years without playing them,” Clawson said. “So, it was always easier for the Wake and Carolina coach to be friendly and the Duke and NC State coach friendly because they didn’t play each other every year.” People are also reading... Clawson said Brown, who won a national championship at Texas, got into coaching for all the right reasons. It wasn’t about getting into it for the money but about building relationships with players and winning football games along the way. “Because of how long I’ve been in the league and how long I’ve coached Mack, and I have coached the most games in the league,” Clawson said. “I think because of that a lot of times at ACC meetings we came from things from the same standpoint.” Clawson said he hoped that Brown would have been able to go out on his own terms but that didn’t happen. Wake Forest will play at home on Saturday at noon against Duke “We developed a friendship, and I like him a lot and I think it’s he’s good for college football,” Clawson said. “It just seems nowadays nobody ever gets to leave on their own terms. It’s part of the business and I get it.” Clawson, who has been at Wake Forest for 11 years, says he’s likely to talk with Brown a lot more after this season because Brown won’t be coaching anymore. “When there is somebody like that you like and respect you wish it could have ended in a different way,” Clawson said. “I don’t know enough about what goes on there. I have a lot of respect for Bubba (Cunningham) and I think he’s a great (athletics director) and he’s a friend. “And I think the world of Mack and he’s done it longer so I’m sure we will remain friends and I’m sure we’ll have more conversations because we are not coaching against one another or recruiting the same kids.” jdell@wsjournal.com 336-727-4081 @johndellWSJ Get local news delivered to your inbox! {{description}} Email notifications are only sent once a day, and only if there are new matching items.Okta up 17% after posting profit, revenue jump in Q3
After months of speculation and guessing, we now know the official Team Canada roster for the 2025 4 Nations Face-Off. The tournament, which will take place in February, is the first best-on-best international tournament featuring NHL players since the 2016 World Cup of Hockey and will feature teams from the United States, Canada, Finland and Sweden. It is a nice preview for the NHL's return to the 2026 Winter Olympics. The Canadian roster (shown above) has a lot of the expected names, but also a few surprises. Now that we know the roster, who is on and who is off, it is time to talk about some of the winners and losers. This seems like a big deal. Sidney Crosby and Connor McDavid were the two most hyped players to enter the NHL in decades, and both have not only matched the expectations, they have exceeded them. Crosby's career is one of the best in NHL history as he continues to climb the all-time scoring leaderboards and has three Stanley Cups, Olympic Gold and multiple individual awards on his resume. McDavid has not quite had the team success, but he has been the most dominant offensive player in the NHL since entering the league and (as of Wednesday) has 140 more points than any other player in the league since his debut in the 2015-16 season. They have been two of the most dominant players of this era and are both on their way to becoming all-time greats. Now they get to play on the same team, and perhaps even on the same power-play unit. It will be a sight to see. Objectively speaking, Bedard probably did not deserve a spot on this team. At least not yet. He is still only 19 years old and his season so far has not been dominant with five goals and 19 total points in 25 games. From a big-picture standpoint, that is fine. We sometimes set expectations that are too high for players like him when they enter the NHL and forget that development and progression are not the same for everybody. It took Nathan MacKinnon a few years before he became a megastar. Not everyone steps right in like Crosby or McDavid and instantly starts scoring 100 points. Still, Bedard is an immense talent and figures to be a staple on Canadian rosters well into the future. This might have been a good time to get him some top-level international experience in a tournament that is not quite as high stakes as, say, the Olympics. It would have also been exciting to see Crosby, McDavid and Bedard on the same team and represent three different age levels of NHL stars. If Bedard develops as everybody expects and hopes over the next year and a half, he should be an Olympic participant. If he is not, that would be a problem—either for his development or Hockey Canada's decision-making. When piecing together what are basically All-Star teams there can sometimes be concerns with how players will actually play alongside each other. In Canada's case, it was actually able to piece together several sets of teammates, including two potential defensive pairings. Cale Makar and Devon Toews have been one of the league's best defense pairings the past few years in Colorado, and they figure to be locks to play together in this tournament. At least they should be. They also have the potential to keep Vegas teammates Alex Pietrangelo and Shea Theodore together (though they have not played as much together as teammates). At forward, they also have three Tampa Bay Lightning players, including the potential for a great depth line with Anthony Cirelli and Brandon Hagel. Keeping teammates together should not be the top priority when putting together a roster like this, but when the opportunity presents itself it can be an enormous advantage. The forward and defense groups for Canada are as good and deep as any other groups in this tournament. They could probably piece together two teams that could compete for a championship at those positions. The Achilles heel of this team is clearly in net with the trio of Jordan Binnington, Adin Hill and Sam Montembault. It is just...not impressive. It is also worth wondering if they are even taking the best goalies when somebody like Logan Thompson was also sitting out there as a possibility. Goaltending is the one position that can make or break a team, and of the four teams in this tournament, Canada might be in the fourth spot when it comes to the position. It is a concern. It could be a problem. We already talked about the potential benefit of having teammates together, and the Tampa Bay Lightning have quite a few connections here. They have head coach Jon Cooper behind the bench, and he has three of his players—Brayden Point, Brandon Hagel and Anthony Cirelli—on his roster. Point was one of the six players chosen for the roster ahead of time, so we knew he was going to be on the team, while Hagel and Cirelli have the potential to form an outstanding depth line. Sometimes international teams can overthink the roster-building process when it comes to these tournaments. You do not need a checking line. It is okay to just load up on stars when you do not have salary-cap constraints to worry about. Maybe keeping Hagel and Cirelli together is an example of overthinking it. On the other hand, they are really good and productive individually, and really good together as a group. Over the past three seasons, Hagel and Cirelli have spent 1,114 minutes together during 5-on-5 play and outscored teams by a 65-52 margin with a 55.8 percent expected goals share. That is a great duo. It should work against any competition. Nashville's Steven Stamkos and Washington's Tom Wilson seem like two of the more notable omissions from the roster. In both cases it is completely understandable, but also a little surprising. In regards to Stamkos, no, he is not the player he used to be at his peak. But he is still Steven Stamkos and can still stand in the face-off circle and unload one-timers at the net on the power play. He also would have added to the Tampa Bay connection (even though he does not actually play for Tampa Bay at this point). Given his track record, success and star power, he seemed to be a good bet to be on the roster even if his play has declined. Wilson might not be your prototypical international tournament player, but he was talked about a lot as a potential player on this roster in the lead-up to the roster selection and is having a strong year offensively with 19 points in his first 25 games (as of Tuesday). If we are being objective, Canada probably did not make a glaring mistake leaving either player off the roster. It just seemed like both might have had an opportunity to make it and may have expected it.Green and Jamiel score long TDs and Lehigh rallies to defeat Richmond 20-16 in FCS playoff openerStream It Or Skip It: ‘Girls Gone Wild: The Untold Story’ On Peacock, A Docuseries About The History Of Joe Francis And The Hit Adult Video Series
Customs warns public of fake auction videoSources: Kings closing in on deal for Crowder
No. 4 South Carolina women rout Purdue 99-51US stocks surge to records, shrugging off upheaval in South Korea, France
No. 4 South Carolina women rout Purdue 99-51
Knight stops 20 shots, Florida rolls past Carolina 6-0 for 2nd win over ‘Canes in as many days
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 4,032WASHINGTON (AP) — Former White House adviser , who served prison time related to the Jan. 6 attack on the U.S. Capitol, will return to serve in Donald Trump’s second administration, the president-elect announced Wednesday. Navarro, a trade adviser during Trump’s first term, will be a senior counselor for trade and manufacturing, Trump said on Truth Social. The position, Trump wrote, “leverages Peter’s broad range of White House experience, while harnessing his extensive Policy analytic and Media skills.” The appointment was only the first in a flurry of announcements that Trump made on Wednesday as his presidential transition faced controversy over , Trump’s choice for Pentagon chief. Hegseth faces allegations of sexual misconduct, excessive drinking and financial mismanagement, and Trump has considered replacing him with another potential nominee. As he works to fill out his team, Trump said he wanted Paul Atkins, a financial industry veteran and an advocate for cryptocurrency, to serve as the next chairman of the Securities and Exchange Commission. He wrote on Truth Social that Atkins “recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before.” Trump also said he was changing course on his choice for White House counsel. He said his original pick, William McGinley, will work with the Department of Government Efficiency, which will be run by Elon Musk and Vivek Ramaswamy with the goal of cutting federal spending. Now David Warrington, who has worked as Trump’s personal lawyer and a lawyer for his campaign, will serve as White House counsel. In addition, Trump announced the selections of former Rep. Billy Long of Missouri as IRS commissioner; former Sen. Kelly Loeffler of Georgia to lead the Small Business Administration; Daniel Driscoll, an Army veteran who was a senior adviser to Vice President-elect JD Vance, as Army secretary; , a tech billionaire who conducted the first private spacewalk on Elon Musk's SpaceX rocket, as ; and Adam Boehler, a lead negotiator on the Abraham Accords team, as special presidential envoy for hostage affairs. Navarro was for defying a subpoena from the House committee that investigated Jan. 6. Sentenced to four months in prison, he described his conviction as the “partisan weaponization of the judicial system.” Hours after his release in July, at the Republican National Convention, where he told the crowd that “I went to prison so you won’t have to." Navarro, 75, has been a longtime critic of trade arrangements with China. After earning an economics doctorate from Harvard University, he worked as an economics and public policy professor at the University of California, Irvine. He ran for mayor of San Diego in 1992 and lost, only to launch other unsuccessful campaign efforts, including a 1996 race for Congress as a Democrat. During Trump’s initial term, Navarro pushed aggressively for tariffs while playing down the risks of triggering a broader trade war. He also focused on counterfeited imports and even helped assemble an infrastructure plan for Trump that never came to fruition. Navarro often used fiery language that upset U.S. allies. In 2018, after a dispute between Trump and Canadian Prime Minister Justin Trudeau, Navarro said “there’s a special place in hell for any foreign leader that engages in bad faith diplomacy with President Donald J. Trump and then tries to stab him in the back on the way out the door.” Canadians were outraged, and Navarro later apologized. Issacman has reserved two more flights with SpaceX, including as the commander of the first crew that will ride SpaceX’s mega rocket Starship, still in test flights out of Texas. He said he was honored to be nominated. “Having been fortunate to see our amazing planet from space, I am passionate about America leading the most incredible adventure in human history,” he said via X. Trump kept rolling out positions on Wednesday afternoon. He announced Gail Slater as assistant attorney general for the Justice Department’s antitrust division. Trump wrote on Truth Social that “Big Tech has run wild for years, stifling competition in our most innovative sector.” Slater worked for Trump’s National Economic Council during his first term, and she's been an adviser to Vance. Trump also said Michael Faulkender would serve as deputy treasury secretary. A professor at the University of Maryland’s Smith School of Business, Faulkender was the Treasury Department’s assistant secretary for economic policy during Trump’s initial term. He has also been the chief economist at the America First Policy Institute, a think tank formed to further the Trump movement’s policy agenda. Outside the White House, Trump said that he had asked Michael Whatley to remain on as chair of the Republican National Committee. during the election along with Lara Trump, the wife of Trump’s son Eric. ___ AP Aerospace Writer Marcia Dunn in Cape Canaveral, Fla., Associated Press writer Josh Boak in Washington and Associated Press writer Rob Gillies in Toronto contributed to this report. Chris Megerian, The Associated Press
5 biggest financial regrets and lessons from baby boomersWayne Rooney and I’m A Celeb star wife Coleen go head-to-head in TV ratings battle as he faces former Man Utd team-mateVANCOUVER, British Columbia, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Revolve Renewable Power Corp. REVV REVVF (" Revolve " or the " Company "), a North American owner, operator and developer of renewable energy projects, is pleased to announce that CEO Myke Clark will present live at the Small Cap Growth Virtual Investor Conference hosted by VirtualInvestorConferences.com, on December 5 th , 2024. DATE : December 5 th TIME: 11:30am ET LINK: https://bit.ly/3Yknp3z Mr. Clark is also available for 1x1 meetings. Mr. Clark will provide an update on Revolve's renewable energy project pipeline and corporate catalysts, including: A review of Q1, F2025 results including a 300% increase in the Company's long-term recurring revenue stream. The recent completion of a major interconnection milestone at the Company's 49.6MW Primus Wind project in the U.S. The recent acquisition of a 30 MW solar development project in Alberta, Canada and the current permitting process. This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at www.virtualinvestorconferences.com . For further information contact: Myke Clark, CEO IR@revolve-renewablepower.com 778-372-8499 A bout Revolve Revolve was formed in 2012 to capitalize on the growing global demand for renewable power. Revolve develops utility-scale wind, solar, hydro and battery storage projects in the US, Canada and Mexico. The Company has a second division, Revolve Renewable Business Solutions which installs and operates sub 20MW "behind the meter" distributed generation (or "DG") assets. Revolve's portfolio includes the following: Operating Assets: 11MW (net) of operating assets under long term power purchase agreements across Canada and Mexico covering wind, solar, battery storage and hydro generation; Under Construction: a 3MW CHP project and a 450kWp rooftop solar project that are both under construction and expected to be operational later this year; and Development: a diverse portfolio of utility scale development projects across the US, Canada and Mexico with a combined capacity of over 3,000MWs as well as a 140MW+ distributed generation portfolio that is under development. Revolve has an accomplished management team with a demonstrated track record of taking projects from "greenfield" through to "ready to build" status and successfully concluding project sales to large operators of utility-scale renewable energy projects. To-date, Revolve has developed and sold over 1,550MW of projects. Going forward, Revolve is targeting 5,000MW of utility-scale projects under development in the US, Canada and Mexico, and in parallel is rapidly growing its portfolio of revenue-generating DG assets. Non-IFRS Measures This press release refers to certain non-IFRS measures including Earnings before Interest, Taxes, Depreciation and Amortization ("EBITDA"). Non-IFRS measures and industry metrics do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. These measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. The term EBITDA consists of net loss or gain and excludes interest, taxes, depreciation and amortization. The most directly comparable measure to EBITDA calculated in accordance with IFRS is net gain or net loss . The term EBITDA margin consists of the percentage of net loss or gain and excludes interest, taxes, depreciation and amortization. These measures, have limitations, and are provided in addition to, and not as an alternative for, and should be read in conjunction with, the information contained in our financial statements prepared in accordance with GAAP (including the notes), included in our filings on SEDAR+ at sedarplus.ca and posted on our website. Financial Projections The Company's financial projections are inherently speculative and may prove to be inaccurate. Any financial projections provided in this press release have been prepared in good faith based upon the estimates and assumptions considered reasonable by management. However, projections are no more than estimates of possible events and should not be relied upon to predict the results that the Company may attain. Future oriented financial information in this press release includes statements with respect to forecasted revenues and EBITDA that are expected to be generated by the Project. There is a risk that the assumptions related to these revenue and EBITDA forecasts may not be met and that the Project will not meet the conditions to start construction. The projections are based upon several estimates and assumptions and have not been examined, reviewed or compiled by independent accountants or other third-party experts, including assumptions with respect to the anticipated expenses and future revenues from the Project. These assumptions may vary from the actual results. Accordingly, there is no assurance that future events will correspond to management's assumptions for the Project. Any variations of actual results from projections related to the Project may be material and adverse. Future-oriented financial information and financial outlooks, as with forward-looking information generally, are, without limitation, based on the reasonable assumptions of the Company and management as at the date hereof. Our actual financial position and results of operations and the Project may differ materially from management's current expectations and, as a result, our revenue, profitability, EBITDA may differ materially from any revenue, and profitability profiles provided in this press release. Such information is presented for illustrative purposes only and may not be an indication of our actual financial position or results of operations. Revolve does not provide reconciliations for forward-looking non-GAAP financial measures as Revolve is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing or number of various events that have not yet occurred, are out of Revolve's control and/or cannot be reasonably predicted, and that would impact the most directly comparable forward-looking GAAP financial measure. For these same reasons, Revolve is unable to address the probable significance of the unavailable information. Forward-looking non-GAAP financial measures may vary materially from the corresponding GAAP financial measures. Forward Looking Information The forward-looking statements contained in this news release constitute ‘‘forward-looking information'' within the meaning of applicable securities laws in each of the provinces and territories of Canada and the respective policies, regulations and rules under such laws and ‘‘forward-looking statements'' within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 (collectively, ‘‘forward-looking statements"). The words "will", "expects", "estimates", "projections", "forecast", "intends", "anticipates", "believes", "targets" (and grammatical variations of such terms) and similar expressions are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward looking statements in this press release include statements with respect to the proposed acquisition of the Project. This forward-looking information and other forward-looking information are based on our opinions, estimates and assumptions considering our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we currently believe are appropriate and reasonable in the circumstances. Despite a careful process to prepare and review the forward-looking information, there can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. Material factors underlying forward-looking information and management's expectations include: the receipt of applicable regulatory approvals; the absence of material adverse regulatory decisions being received and the expectation of regulatory stability; the absence of any material equipment breakdown or failure; availability of financing on commercially reasonable terms and the stability of credit ratings of the Company and its subsidiaries; the absence of unexpected material liabilities or uninsured losses; the continued availability of commodity supplies and stability of commodity prices; the absence of interest rate increases or significant currency exchange rate fluctuations; the absence of significant operational, financial or supply chain disruptions or liability, including relating to import controls and tariffs; the continued ability to maintain systems and facilities to ensure their continued performance; the absence of a severe and prolonged downturn in general economic, credit, social or market conditions; the successful and timely development and construction of new projects; the absence of capital project or financing cost overruns; sufficient liquidity and capital resources; the continuation of long term weather patterns and trends; the absence of significant counterparty defaults; the continued competitiveness of electricity pricing when compared with alternative sources of energy; the realization of the anticipated benefits of the Company's acquisitions and joint ventures; the absence of a change in applicable laws, political conditions, public policies and directions by governments, materially negatively affecting the Company; the ability to obtain and maintain licenses and permits; maintenance of adequate insurance coverage; the absence of material fluctuations in market energy prices; the absence of material disputes with taxation authorities or changes to applicable tax laws; continued maintenance of information technology infrastructure and the absence of a material breach of cybersecurity; the successful implementation of new information technology systems and infrastructure; favourable relations with external stakeholders; our ability to retain key personnel; our ability to maintain and expand distribution capabilities; and our ability to continue investing in infrastructure to support our growth. Such uncertainties and risks may include, among others, market conditions, delays in obtaining or failure to obtain required regulatory approvals in a timely fashion, or at all; the availability of financing, fluctuating prices, the possibility of project cost overruns, mechanical failure, unavailability of parts and supplies, labour disturbances, interruption in transportation or utilities, adverse weather conditions, and unanticipated costs and expenses, variations in the cost of energy or materials or supplies or environmental impacts on operations, disruptions to the Company's supply chains; changes to regulatory environment, including interpretation of production tax credits; armed hostilities and geopolitical conflicts; risks related to the development and potential development of the Company's projects; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; the availability of tax incentives in connection with the development of renewable energy projects and the sale of electrical energy; as well as those factors discussed in the sections relating to risk factors discussed in the Company's continuous disclosure filings on SEDAR+ at sedarplus.ca . There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned that given these risks, undue reliance should not be placed on these forward-looking statements, which apply only as of their dates. Other than as specifically required by law, the Company undertakes no obligation to update any forward-looking statements to reflect new information, subsequent or otherwise. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether because of new information, future events or otherwise, except as required by law. Such statements and information reflect the current view of the Company. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company does not undertake to update this information at any time except as required in accordance with applicable laws. "Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release." © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Police hunt for UnitedHealthcare CEO's masked killer after 'brazen, targeted' attack on NYC street
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