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The Standard Charitable Foundation Announces Grants to Four Nonprofits

Retrieved on: 
Friday, August 5, 2022

The Standard Charitable Foundation, Standard Insurance Companys charitable foundation, announced four grants totaling $150,000.

Key Points: 
  • The Standard Charitable Foundation, Standard Insurance Companys charitable foundation, announced four grants totaling $150,000.
  • The Standard Charitable Foundation was created to support members of our communities needing a hand, said Dan McMillan, president of The Standard Charitable Foundation and president and CEO of The Standard.
  • Since 2007,
    The Standard Charitable Foundation, The Standard and its employees and retirees have contributed more than $48 million in grants and social investments.
  • The Standard Charitable Foundation was founded in 2006 with the mission to make a positive difference by supporting community development, education, disability and health organizations.

Audacy Reports Second Quarter Results

Retrieved on: 
Friday, August 5, 2022

Audacy, Inc. (NYSE: AUD) today reported financial results for the quarter ended June 30, 2022.

Key Points: 
  • Audacy, Inc. (NYSE: AUD) today reported financial results for the quarter ended June 30, 2022.
  • Field, Chairman, President and Chief Executive Officer, stated: After a very strong first quarter in which we grew revenues by 14% and significantly increased margin, our second quarter results were adversely impacted by declining macroeconomic conditions and ad market headwinds which reduced our top line growth to 5%.
  • Net revenues for the quarter were $319.4 million, up 5% compared to $304.5 million in the second quarter of 2021
    Digital revenues were $69.3 million, up 19% compared to the second quarter of 2021
    Total operating expenses for the quarter were $296.2 million, compared to $282.8 million in the second quarter of 2021
    Operating income for the quarter was $23.3 million, compared to $21.7 million in the second quarter of 2021
    Adjusted EBITDA for the quarter was $38.5 million, compared to $39.9 million in the second quarter of 2021
    Reimagined Digital Platform.
  • To participate in the conference call, please dial (877) 407-9208 or (201) 493-6784 five minutes prior to the start of the call and provide the following conference name: Audacy, Inc. Second Quarter 2022 Earnings Call.

Europe Cookers & Ovens Market Report 2022: Growth of Tourism in European Countries Has Resulted in a Strong Demand for Innovative and Improved Technology in Cooking Appliances - ResearchAndMarkets.com

Retrieved on: 
Friday, August 5, 2022

The "Europe Cookers & Ovens Market Size, Share & Industry Trends Analysis Report By Distribution Channel, By Type, By Country and Growth Forecast, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe Cookers & Ovens Market Size, Share & Industry Trends Analysis Report By Distribution Channel, By Type, By Country and Growth Forecast, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.
  • The growth of tourism in European countries has resulted in a strong demand for innovative and improved technology in cooking appliances like ovens and cookers from hotels and restaurants in order to deliver orders quickly.
  • Falcon Foodservice, for example, has introduced a new line of cookers and ovens with enhanced functionality and connectivity.
  • The Germany market dominated the Europe Cookers & Ovens Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $14,910.4 million by 2028.

Hawkins, Inc. Reports First Quarter Fiscal 2023 Results

Retrieved on: 
Thursday, August 4, 2022

MINNEAPOLIS, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN) today announced results for the three months ended July3, 2022, its first quarter of fiscal 2023.

Key Points: 
  • MINNEAPOLIS, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN) today announced results for the three months ended July3, 2022, its first quarter of fiscal 2023.
  • First Quarter Fiscal Year 2023 Highlights:
    Record quarterly sales of $246.5 million, a 36% year-over-year increase.
  • Executive Commentary Patrick H. Hawkins, Chief Executive Officer and President:
    Our first quarter of fiscal 2023 showed the continued strength of our business.
  • For the first quarter of fiscal 2023, the Company reported net income of $19.7 million, or $0.94 per diluted share, compared to net income for the first quarter of fiscal 2022 of $16.6 million, or $0.79 per diluted share.

Delta Apparel Reports Third Quarter Fiscal 2022 Sales and Earnings

Retrieved on: 
Thursday, August 4, 2022

Delta Apparel, Inc. (NYSE American: DLA), a leading provider of core activewear and lifestyle apparel products, today announced financial results for its fiscal 2022 third quarter ended July 2, 2022.

Key Points: 
  • Delta Apparel, Inc. (NYSE American: DLA), a leading provider of core activewear and lifestyle apparel products, today announced financial results for its fiscal 2022 third quarter ended July 2, 2022.
  • With the opening of four new Salt Life locations during the quarter, we have achieved our fiscal 2022 year-end target of opening 20 retail stores.
  • For the third quarter ended July 2, 2022:
    Net sales were $126.9 million in the third quarter of fiscal 2022, an increase of 7% compared to the prior year third quarter net sales of $118.7 million.
  • Net sales in the Delta Group segment grew 3% to $106.0 million in the third quarter of fiscal 2022 compared to $102.6 million in the prior year third quarter.

With 83% of Shoppers Backing Personalization, Purple Identify Key To Success In Crucial Moment For Retail

Retrieved on: 
Thursday, August 4, 2022

The results provide evidence of a viable heartbeat in physical stores, but also underpin Purples contention that retail has now arrived at a key transformational moment for critical change.

Key Points: 
  • The results provide evidence of a viable heartbeat in physical stores, but also underpin Purples contention that retail has now arrived at a key transformational moment for critical change.
  • It's a rallying call endorsed by Purple and retail guru, Sir Terry Leahy: Physical retail is at a crossroads.
  • Purple lays out an urgent blueprint on how physical stores can thrive in a new world of blended retail.
  • Wherever your stage of retail transformation, Purple can help deliver the most engaging, most insight-filled retail experiences, and use data to drive significant ROI improvements across your retail estate.

Frontline Education Releases Year-to-Date Administration Software Innovation Summary Supporting K-12 Market Dynamics

Retrieved on: 
Thursday, August 4, 2022

We have an unrelenting dedication to the scope and scale of opportunities school districts face in meeting the ever-expanding technology needs of K-12 education, said Kevin Haugh, Chief Product Officer of Frontline.

Key Points: 
  • We have an unrelenting dedication to the scope and scale of opportunities school districts face in meeting the ever-expanding technology needs of K-12 education, said Kevin Haugh, Chief Product Officer of Frontline.
  • Weve been working with Frontline Education for nearly a decade and with substitutes now being able to access the Absence Mobile App, it has been a gamechanger for our district.
  • Frontline Education is a leading provider of school administration software, connecting solutions for student and special programs, business operations and human capital management with powerful analytics to empower educators.
  • Over 10,000 clients representing millions of educators, administrators and support personnel have partnered with Frontline Education in their efforts to develop the next generation of learners.

Northern Tool + Equipment’s CEO Suresh Krishna Charts Course for More Retail Spaces, Product Innovation, and Added Support to Build up the Future Skilled Trades Workforce

Retrieved on: 
Thursday, August 4, 2022

Krishna sees this deeper assortment as a key to keeping customers returning to Northern Tool.

Key Points: 
  • Krishna sees this deeper assortment as a key to keeping customers returning to Northern Tool.
  • Looking forward, Krishna is aiming to expand Northern Tools brick-and-mortar locations, with a goal of 300-plus stores in the next decade.
  • Another key focus of Krishnas is adding more resources to support the future of the skilled trades workforce.
  • Learn more about Northern Tool + Equipment at www.NorthernTool.com and stay connected to Northern Tool through social media:

Brother International Corporation Announces New for 2023 Sewing and Embroidery Machines

Retrieved on: 
Thursday, August 4, 2022

BRIDGEWATER, N.J., Aug. 4, 2022 /PRNewswire/ -- Today, Brother International Corporation announced its New for 2023 product innovations featuring five new best-in-class sewing, quilting, and embroidery machines.

Key Points: 
  • Reaching Disney Enthusiasts with the Innov-s NS1850D and Innov-s NS2850D Combo Sewing & Embroidery Machines: The enhanced NS1850D and NS2850D will join the Brother Combo Sewing & Embroidery Machine Lineup.
  • NS2850D: The travel-friendly NS2850D offers 200 embroidery designs, 241 built-in sewing stitches, and 55 licensed Disney designs for all sewing and embroidery needs.
  • Brother International Corporation has earned its reputation as a leading supplier of innovative products for the home sewing and crafting enthusiast.
  • Through a growing network of sewing machine dealers and retail outlets nationwide, Brother offers a full line of home sewing machines, from basic to top-of-the-line sewing and embroidery machines.

Alpha Pro Tech, Ltd. Announces Second Quarter 2022 Financial Results

Retrieved on: 
Thursday, August 4, 2022

NOGALES, Ariz., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Alpha Pro Tech, Ltd. (NYSE American: APT) (the “Company”), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced financial results for the three and six month periods ended June 30, 2022.

Key Points: 
  • Net income for the second quarter of 2022 was $693,000, or $0.05 per diluted share, compared to $1.7 million, or $0.12 per diluted share, for the second quarter of 2021.
  • Lloyd Hoffman, President and Chief Executive Officer of Alpha Pro Tech, commented, Building Supply segment sales for the second quarter of 2022 resulted in the all-time highest quarter on record.
  • Protective garment sales increased sequentially from the first quarter of 2022 to the second quarter of 2022 by approximately $900,000, or 21.9%.
  • Hoffman continued Sales of face masks in the second quarter of 2022 were basically flat compared to the second quarter of 2021.