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99 bet exchange Racing Optics® Introduces Game-Changing Twilight Tearoff to Enhance Visibility in Low-Light Racing ConditionsDeputy national security adviser Anne Neuberger offered new details about the breadth of the sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Neuberger divulged the scope of the hack a day after the FBI and the Cybersecurity and Infrastructure Security Agency issued guidance intended to help root out the hackers and prevent similar cyberespionage in the future. White House officials cautioned that the number of telecommunication firms and countries impacted could grow. The U.S. believes the hackers were able to gain access to communications of senior U.S. government officials and prominent political figures through the hack, Neuberger said. “We don’t believe any classified communications has been compromised,” Neuberger added during a call with reporters. She added that Biden was briefed on the findings and the White House “made it a priority for the federal government to do everything it can to get to the bottom this.” The Chinese embassy in Washington rejected the accusations that it was responsible for the hack Tuesday after the U.S. federal authorities issued new guidance. “The U.S. needs to stop its own cyberattacks against other countries and refrain from using cyber security to smear and slander China,” embassy spokesperson Liu Pengyu said. The embassy did not immediately respond to messages Wednesday. White House officials believe the hacking was regionally targeted and the focus was on very senior government officials. Federal authorities confirmed in October that hackers linked to China targeted the phones of then-presidential candidate Donald Trump and his running mate, Sen. JD Vance, along with people associated with Democratic candidate Vice President Kamala Harris. The number of countries impacted by the hack is currently believed to be in the “low, couple dozen,” according to a senior administration official. The official, who spoke on the condition of anonymity under rules set by the White House, said they believed the hacks started at least a year or two ago. The suggestions for telecom companies released Tuesday are largely technical in nature, urging encryption, centralization and consistent monitoring to deter cyber intrusions. If implemented, the security precautions could help disrupt the operation, dubbed Salt Typhoon, and make it harder for China or any other nation to mount a similar attack in the future, experts say. Neuberger pointed to efforts made to beef up cybersecurity in the rail, aviation, energy and other sectors following the May 2021 ransomware attack on Colonial Pipeline . “So, to prevent ongoing Salt Typhoon type intrusions by China, we believe we need to apply a similar minimum cybersecurity practice,” Neuberger said. The cyberattack by a gang of criminal hackers on the critical U.S. pipeline, which delivers about 45% of the fuel used along the Eastern Seaboard, sent ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure. Colonial confirmed it paid $4.4 million to the gang of hackers who broke into its computer systems as it scrambled to get the nation's fuel pipeline back online.BOULDER, Colo. — A 72-year-old lifelong Colorado fan with end-stage kidney failure waited to the side of the field in his wheelchair for Travis Hunter and the rest of the Buffaloes. One by one, players strolled over and signed a football for Riley Rhoades, his face lighting up with each signature. Standing close by and taking in the scene was Jeremy Bloom. He's become a wish facilitator for older adults. Bloom, the former Colorado wide receiver and Olympic freestyle skier, started the Wish of a Lifetime foundation in 2008, which has made thousands of aspirations turn into reality for older adults. The list of granted wishes range from taking veterans back to the beaches of Normandy to helping late-in-life authors publish a book. He's staged concerts for musicians, assisted some in daredevil feats such as jumping out of an airplane and even lined up a meeting between an Olympic medalist and former President Barack Obama. For Rhoades, his wish was simply to return to Folsom Field again, the place where he used to have season tickets but hasn't attended a game since 2004. "Everybody has somebody in their life —a grandparent, friend, neighbor — at that age where you wish you had more resources to help," said Bloom, whose college career was cut short two decades ago when the NCAA denied his reinstatement to play football and still ski professionally after receiving endorsement money to fuel his Olympic dreams. "Nothing can compare to seeing someone else's eyes light up because you helped make their dream come true." The foundation is a tribute to his grandparents. But the concept began to take root when he was a teenager. He was in Japan for a World Cup freestyle skiing competition when a woman tried to hop on a crowded bus. There was no room, but everyone in front rose from their seats to make space. That stuck with him, along with seeing these acts of kindness for older adults all over Europe and Asia as he traveled. An idea formed — bring that same level of appreciation to the United States, with a wish-granting element. Bloom's organization has been a charitable affiliate of AARP since 2020. It was the yearning of Rhoades that brought the two of them to Folsom Field last weekend. Rhoades, who had season tickets at Colorado for 27 years, wanted to see the Buffaloes in person after watching the team's resurgence on television. A few years ago, Rhoades, who was born with spina bifida, was diagnosed with end-stage renal failure. Being among the 54,646 fans Saturday stirred up plenty of emotions for Rhoades, as he watched the 16th-ranked Buffaloes (8-2, 6-1 Big 12, No. 16 CFP) beat Utah. Colorado remains in the race for not only a conference title but a spot in the College Football Playoff. "It's just great to be back here again," Rhoades said as he pointed out the section where he used to watch games. "It's just ... so cool." For Bloom, the success that coach Deion Sanders has brought to the program means more reunions with teammates as they pass through town. "I've been through many years where nobody comes to visit," Bloom said. "It's fun that Boulder has become the epicenter of college football." Leading the way for Colorado this season have been quarterback Shedeur Sanders and two-way star Hunter, who's the Heisman Trophy frontrunner. But what particularly pleases Bloom is that Sanders, Hunter and the rest of college football players are able to finally profit through name, image and likeness. In his day, Bloom got caught in the NCAA crosshairs for wanting to play both sports and to have sponsors in one (skiing) so he could fund his Olympic aspirations. How time have changed. "I'm just really grateful that this generation of athletes gets to monetize their skills and ability," said Bloom, who finished sixth in moguls at the 2006 Winter Games in Italy. "It's the right thing." He's thrown his passion into fulfilling wishes such as learning ballet, riding in a Formula 1 pace car or taking a flight in a fighter jet. He's also helped reconnect families and friends, including a reunion for a trio of centenarian sisters who hadn't seen each other in more than a decade. This granted wish has stuck with Bloom: A person in Alabama wasn't able to travel after being diagnosed with end-of-life emphysema. So he asked for postcards to be sent, just to learn what made someone's town so special. He received 2,000 postcards from 26 different countries. "There's no end to the things that they've done for us in the world," Bloom said of older adults. "We're one of the organizations that reminds them that their dreams still do matter and that we still appreciate them and we cherish them." Get local news delivered to your inbox!

NEW YORK , Dec. 4, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global generative artificial intelligence (AI) market size is estimated to grow by USD 97.75 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 50.22% during the forecast period. Increasing demand for AI-generated content is driving market growth, with a trend towards acceleration in deployment of large language models (LLM). However, lack of quality data poses a challenge. Key market players include Accenture Plc, Adobe Inc., Alphabet Inc., Altair Engineering Inc., Amazon.com Inc., Autodesk Inc., DataRobot Inc., De Identification Ltd., Diabatix NV, Genie AI Ltd., Hexagon AB, International Business Machines Corp., LeewayHertz, Microsoft Corp., MOSTLY AI Solutions MP GmbH, nTopology Inc., NVIDIA Corp., OpenAI L.L.C., Rephrase Technologies Pvt. Ltd., and Synthesia Ltd.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Key Market Trends Fueling Growth The Generative Artificial Intelligence (AI) market is experiencing significant growth as businesses adopt AI technologies to drive solutions in various industries. Natural Language Processing (NLP) and Computer Vision are leading trends, with Generative AI gaining popularity through advancements like Generative Adversarial Networks (GANs), Transformer models, and Multimodal data processing. AI is revolutionizing Entertainment with text and image generation, summarization, and personalized content. In Healthcare, AI is transforming document generation, model architectures, and unsupervised learning techniques for text and image analysis. Entertainment, Finance, and Education industries are leveraging AI-driven solutions for content creation and customer support through conversational interfaces, intelligent virtual assistants, and conversational chatbots. Advanced algorithms like deep learning, probabilistic modeling, and iterative training techniques are powering AI applications in Robotics and Automation, Augmented Reality, and Virtual Reality. However, challenges such as model drift, inaccurate content, biased content, and inappropriate content require continuous monitoring and mitigation strategies. Data security concerns, particularly with unstructured data and personally identifiable information, necessitate tagging, encryption, and access control measures. AI ethics, machine learning techniques, and computer resources are essential considerations for businesses adopting AI. AI tools and conversational interfaces are enabling IT professionals to create virtual worlds, simulations, and game environments for various applications. In conclusion, the Generative AI market offers immense potential for businesses to innovate and create value across industries. However, it's crucial to address challenges and ethical considerations to ensure the responsible and effective implementation of AI technologies. The generative AI market has experienced notable growth with the implementation of Language Model Machines (LLMs). These models employ deep learning methods to generate text that resembles human speech. Businesses can utilize these models to automate and enhance tasks such as customer service, content creation, and data analysis. For instance, Open AI's GPT-3 language model has gained widespread recognition. It produces human-like text, making it an effective tool for companies to automate content generation, including product descriptions, news articles, and social media posts. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The Generative Artificial Intelligence (AI) market is experiencing significant growth as businesses seek to leverage AI technologies for various applications. Natural Language Processing (NLP) and Computer Vision are two key areas where Generative AI, including Generative Adversarial Networks (GANs), Transformer models, and Variational Autoencoders, are making a mark. These AI-driven solutions offer text generation capabilities, summarization, personalized content, document generation, and model architectures for text, images, video, audio, and more. Entertainment and healthcare industries are major adopters, with Generative AI used for content creation, media and entertainment, and AI-driven simulations. Advanced algorithms like deep learning, neural networks, and probabilistic modeling are at the core of these applications. However, challenges persist, including model drift, inaccurate or biased content, and inappropriate content. Synthetic data management and AI ethics are crucial to address these issues. AI accelerators, computing vouchers, and IT professionals are essential to overcome the computational demands of Generative AI. Data security concerns, especially with unstructured data and personally identifiable information, require tagging and encryption methods. The future of Generative AI lies in its ability to create human-like text, power intelligent infrastructure, and provide personalized support through conversational AI and chatbots. Generative artificial intelligence (AI) can produce data for various applications, such as news articles or product descriptions. However, the quality of the generated data can be inconsistent and may not meet expectations. Inaccurate or incomplete information can be disseminated to the public through AI-generated news articles, potentially misleading readers and damaging the credibility of the news outlet. Similarly, poor-quality data used to generate product descriptions on e-commerce websites could deter potential customers from making a purchase due to misleading or confusing information. It is essential to ensure the data used to train generative AI models is of high quality to produce accurate and reliable results. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This generative artificial intelligence (ai) market report extensively covers market segmentation by 1.1 Software 1.2 Services 2.1 Transformers 2.2 Generative adversarial networks (GANs) 2.3 Variational autoencoder (VAE) 2.4 Diffusion networks 3.1 North America 3.2 APAC 3.3 Europe 3.4 South America 3.5 Middle East and Africa 1.1 Software- The generative artificial intelligence (AI) market is experiencing significant growth due to the increasing demand for software that can analyze data and produce unique outputs. One notable example is GPT-4, a deep learning-based text generator capable of creating text indistinguishable from human-written content. Businesses are utilizing this technology for content creation and customer service automation. Another application is StyleGAN, a machine learning software generating realistic human faces, benefiting the fashion and beauty industry. Several startups, like Runway, develop generative AI platforms for designers and artists. These advancements are expected to boost the market's expansion during the forecast period. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2017 - 2021) Research Analysis The Generative Artificial Intelligence (AI) market is experiencing exponential growth due to the increasing adoption of AI technologies in various industries. Natural Language Processing (NLP) and Computer Vision are two major areas of AI that are revolutionizing how we interact with text and images. Generative AI, a subset of advanced algorithms, is leading the charge with its ability to create new content, from text to art and even music. Generative Adversarial Networks (GANs) are a popular generative AI technique that uses two neural networks to generate realistic data. Digitization and AI-driven solutions are transforming industries such as Entertainment and Healthcare, with generative AI powering personalized content and predictive analytics. Standard AI systems use machine learning, simulations, and videos to learn patterns and make decisions. Neural networks, deep learning, probabilistic modeling, and iterative training techniques are essential components of these systems. Recurrent neural networks and convolutional neural networks are advanced algorithms that enable AI to understand context and recognize patterns in data. GPT series and other generative models are creating new possibilities in text generation, while AI applications in virtual worlds and the metaverse are pushing the boundaries of creativity and innovation. IT professionals are in high demand as businesses seek to leverage these advanced technologies to gain a competitive edge. Market Research Overview The Generative Artificial Intelligence (AI) market is experiencing exponential growth, driven by advancements in AI technologies such as Natural Language Processing (NLP), Computer Vision, and Generative Adversarial Networks (GANs). These technologies enable AI-driven solutions to create and process multimodal data, including text, images, video, audio, and more. Generative AI is revolutionizing industries like Entertainment, Healthcare, and Robotics and Automation, with applications ranging from text generation and summarization to personalized content and document generation. Model architectures like Transformer models, Neuro-symbolic approaches, and Unsupervised learning techniques are pushing the boundaries of what AI can do. However, challenges such as model drift, inaccurate content, biased content, and inappropriate content require ongoing attention. AI accelerators, large language models, and training data preparation are essential components of the generative AI ecosystem. The market also includes various AI applications, standard and advanced algorithms, machine learning techniques, and neural networks like Recurrent Neural Networks (RNNs) and Convolutional Neural Networks (CNNs). The Entertainment industry, Finance industry, Education industry, and others are leveraging generative AI for content creation, simulations, and conversational interfaces. Virtual Reality (VR) and Augmented Reality (AR) are also significant areas of application, with potential use cases in VR games, VR training simulations, and game environments. AI ethics and data security concerns are critical considerations as the market continues to evolve. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Component Software Services Technology Transformers Generative Adversarial Networks (GANs) Variational Autoencoder (VAE) Diffusion Networks Geography North America APAC Europe South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE TechnavioAlyssa Nakken, first full-time female coach in MLB history, leaving Giants to join Guardians CLEVELAND (AP) — Alyssa Nakken, the first woman to coach in an MLB game, is leaving the San Francisco Giants to join the Cleveland Guardians. Nakken made history in 2022 when she took over as first-base coach following an ejection. A former college softball star at Sacramento State, Nakken joined the Giants in 2014 and was promoted to a spot on manager Gabe Kapler’s staff in 2020, becoming the majors’ first full-time female coach. Nakken has been hired as an assistant director within player development for the Guardians, who won the AL Central last season under first-year manager Stephen Vogt. Nakken, 34, will work with former Giants coaches Craig Albernaz and Kai Correa. Officer kills pet dog mistaken for a coyote in Massachusetts town. The owner says it was unnecessary An animal control officer shot and killed a pet dog in a Massachusetts town after mistaking it for a coyote in an incident local police are describing as a sad mix-up. Police in Northbridge, Massachusetts, say the shooting happened on Tuesday after police received a call of a report of a coyote in a residential backyard. Police say the animal control officer went into the woods to look for the coyote and found what they thought was the animal in a threatening position and shot it. The incident happened as communities around Massachusetts and the country have dealt with an uptick in interactions between coyotes and people. Kendrick Lamar surprises with new album 'GNX' LOS ANGELES (AP) — Kendrick Lamar gave music listeners an early holiday present with a new album. The Grammy winner released his sixth studio album “GNX” on Friday. The 12-track project is the rapper’s first release since 2022’s “Mr. Morale & The Big Steppers.” Lamar’s new album comes just months after his rap battle with Drake. The rap megastar will headline February's Apple Music Super Bowl Halftime Show in New Orleans. The 37-year-old has experienced massive success since his debut album “good kid, m.A.A.d city” in 2012. Since then, he’s accumulated 17 Grammy wins and became the first non-classical, non-jazz musician to win a Pulitzer Prize. NBA memo to players urges increased vigilance regarding home security following break-ins MIAMI (AP) — The NBA is urging its players to take additional precautions to secure their homes following reports of recent high-profile burglaries of dwellings owned by Milwaukee Bucks forward Bobby Portis and Kansas City Chiefs teammates Patrick Mahomes and Travis Kelce. In a memo sent to team officials, a copy of which was obtained by The Associated Press, the NBA revealed that the FBI has connected some burglaries to “transnational South American Theft Groups” that are “reportedly well-organized, sophisticated rings that incorporate advanced techniques and technologies, including pre-surveillance, drones, and signal jamming devices.” Ancient meets modern as a new subway in Greece showcases archaeological treasures THESSALONIKI, Greece (AP) — Thessaloniki, Greece’s second-largest city, is opening a new subway system, blending ancient archaeological treasures with modern transit technology like driverless trains and platform screen doors. The project, which began in 2003, uncovered over 300,000 artifacts, including a Roman-era thoroughfare and Byzantine relics, many of which are now displayed in its 13 stations. Despite delays caused by preserving these findings, the inaugural line has been completed, with a second line set to open next year. Conor McGregor must pay $250K to woman who says he raped her, civil jury rules LONDON (AP) — A civil jury in Ireland has awarded more than $250,000 to a woman who says she was raped by mixed martial arts fighter Conor McGregor in a Dublin hotel penthouse after a night of heavy partying. The jury on Friday awarded Nikita Hand in her lawsuit that claimed McGregor “brutally raped and battered” her in 2018. The lawsuit says the assault left her heavily bruised and suffering from post-traumatic stress disorder. McGregor testified that he never forced her to do anything and that Hand fabricated her allegations after the two had consensual sex. McGregor says he will appeal the verdict. At least 19 people are sick in Minnesota from ground beef tied to E. coli recall U.S. health officials say at least 19 people in Minnesota have been sickened by E. coli poisoning tied to a national recall of more than 167,000 pounds of potentially tainted ground beef. Detroit-based Wolverine Packing Co. recalled the meat sent to restaurants nationwide. Minnesota state agriculture officials reported multiple illnesses and found that a sample of the product tested positive for E. coli, which can cause life-threatening infections. No illnesses have been reported outside of Minnesota. Symptoms of E. coli poisoning include fever, vomiting, diarrhea and signs of dehydration. Actor Jonathan Majors’ ex-girlfriend drops assault and defamation lawsuit against once-rising star NEW YORK (AP) — Jonathan Majors’ ex-girlfriend has dropped her assault and defamation lawsuit against the once-rising Hollywood star after reaching a settlement. Lawyers for Majors and Grace Jabbari agreed to dismiss the case with prejudice Thursday. Jabbari is a British dancer who had accused Majors of subjecting her to escalating incidents of physical and verbal abuse during their relationship. Representatives for Majors didn’t respond to emails seeking comment Friday. Jabbari’s lawyer said the suit was “favorably settled” and her client is moving on with “her head held high.” Majors was convicted of misdemeanor assault and harassment last December and sentenced to a yearlong counseling program. Hyundai, Kia recall over 208,000 electric vehicles to fix problem that can cause loss of power DETROIT (AP) — Hyundai and Kia are recalling over 208,000 electric vehicles to fix a pesky problem that can cause loss of drive power, increasing the risk of a crash. The recalls cover more than 145,000 Hyundai and Genesis vehicles including the 2022 through 2024 Ioniq 5, the 2023 through 2025 Ioniq 6, GV60 and GV70, and the 2023 and 2024 G80. Also included are nearly 63,000 Kia EV 6 vehicles from 2022 through 2024. The affiliated Korean automakers say in government documents that a transistor in a charging control unit can be damaged and stop charging the 12-volt battery. Dealers will inspect and replace the control unit and a fuse if needed. They also will update software. Christmas TV movies are in their Taylor Swift era, with two Swift-inspired films airing this year Two of the new holiday movies coming to TV this season have a Taylor Swift connection that her fans would have no problem decoding. “Christmas in the Spotlight” debuts Saturday on Lifetime. It stars Jessica Lord as the world’s biggest pop star and Laith Wallschleger, playing a pro football player, who meet and fall in love, not unlike Swift and her boyfriend, Kansas City Chiefs tight end Travis Kelce. On Nov. 30, Hallmark will air “Holiday Touchdown: A Chiefs Love Story.” Instead of a nod to Swift, it’s an ode to family traditions and bonding, like rooting for a sports team. Hallmark’s headquarters is also in Kansas City.Wounded Ange is fighting for his job as he returns to the Ibrox bear pit By STEPHEN MCGOWAN Published: 17:30 EST, 11 December 2024 | Updated: 18:16 EST, 11 December 2024 e-mail View comments THE last time Ange Postecoglou lost a game at Ibrox, defeat to Rangers proved less consequential than usual. A second title as Celtic manager in the bag, the Australian had one eye on the Scottish Cup final against Inverness when he benched his top scorer Kyogo Furuhashi, Daizen Maeda and left-back Greg Taylor. From time to time, even a game between Celtic and Rangers is reduced to a meanwhile, the end justifying the means when Postecoglou secured his fifth trophy from a possible six at Hampden before informing the Celtic board that he wished to leave for Tottenham Hotspur. The Australian returns to Ibrox in the Europa League tonight in rather different circumstances. One win in seven games represents a slump for a Spurs side languishing eleventh in the English Premier League . After Sunday’s 4-3 defeat to Chelsea , defender Cristian Romero aired the club’s dirty linen in public when he appeared to criticise the Spurs hierarchy in public. ‘ Manchester City competes every year, you see how Liverpool strengthens its squad, Chelsea strengthens their squad, doesn’t do well, strengthens again, and now they’re seeing results,’ said the defender. ‘Those are the things to imitate. You have to realise that something is going wrong; hopefully, they (the Tottenham board) realise it. Ange Postecoglou at Ibrox on Wednesday night ahead of Spurs' Europa League tie Under pressure Postecoglou addresses the media ahead of the match at Ibrox ‘Hopefully, they realise who the responsible ones are and we move forward because it’s a beautiful club that, with the structure it has, could easily be competing for the title every year.’ His first appearance for a month cut short by injury after 15 minutes, Romero will miss tonight’s game in Glasgow together with fellow defenders Ben Davies and Micky van de Ven and first-choice goalkeeper Guglielmo Vicario. The fall-out from his comments, meanwhile, rumble on — adding to the air of crisis around the club. For Postecoglou, defeat to Rangers at a hostile Ibrox would be a more dangerous business altogether than the 3-0 loss in a dead rubber league game with Celtic in May 2023. Postecoglou's Spurs collapsed from 2-0 up to lose 4-3 against Chelsea on Sunday Postecoglou suffered defeat on his last visit to Ibrox as Celtic manager in May 2023 Facing the biggest injury crisis of his managerial career, the former Parkhead boss will turn to teenage defender Archie Gray, grandson of former Scotland player Frank Gray and great-nephew of Leeds legend and ex-Scotland winger Eddie. Virtually the last men standing, Gray — a self-proclaimed ‘massive Celtic fan’ — will play in front of former Parkhead keeper Fraser Forster alongside Radu Dragusin. ‘I have to get creative,’ said Postecoglou. ‘I think Archie is probably the one for us at the moment that we need to try and get to fill in there. ‘He’s done right-back, left-back for us. He’s had to play centre- back a little bit this year during the pre-season. ‘Obviously, with him and Radu, they’re the two main defenders, but we’ve still got five or six games to navigate. So obviously we may have to get creative at some point and deal with it in a different way. ‘It’s challenging. We’ve also got Ben Davies out, who has played a big part for us while the other two have been out. ‘It’s no secret we’re thin on numbers. It is what it is and we can’t change that. We’ve got some big games coming up starting tomorrow and we’ll have to deal with it with what we’ve got. ‘I’m still very confident we’ll be able to get the job done with the players that are out, I suppose.’ Confidence has been thin on the ground of late. Leading Chelsea 2-0 before they collapsed, the latest defeat to Spurs’ great rivals increased the pressure on Postecoglou, despite a 4-0 win at Manchester City last month. Absolved of blame for the club’s current plight by Romero, the defender was less sparing of chairman Daniel Levy. During his 23-year reign, the club have won just one piece of silverware despite being the fourth-biggest net spenders in English football over the past five years. Managers come, managers go, Levy remains stubbornly hard to shift. ‘I think in the context of the day, Christian was disappointed,’ said his manager in an appeal for unity. ‘He knew that and had to go off. And then watch the team sort of have to feel the pain of another defeat in the manner it happened. He was very emotional. Spurs have hit a rough patch of form since beating Manchester City 4-0 last month ‘He’s a leader in the club. He hasn’t been able to help us and I think it was his way of trying to, as a leader, to help us and the group in saying that we’re going through a tough time but he believes in what we’re doing. ‘I think the way he expressed it was not the right way, particularly in a public sense, because I don’t feel and it’s certainly not my belief that our kind of challenges at the moment are because of one thing or one person. ‘I think whatever we need to do, we have the power to do that. But it’ll only happen if we kind of stay united as a group.’ The vulnerability coursing through Spurs offers Rangers hope of another memorable night in the Europa League. Victory for either side would secure a place in the knock-outs and enhance their hopes of finishing in the top eight and avoiding the play-offs. Despite recent events, Postecoglou’s desire to stop Tottenham being the great underachievers of English and European football burns stronger than ever. ‘I just don’t think that it’s one thing that will get us to where we want, and I don’t think there’s one thing that’s stopping us from getting to where we want to,’ he said. ‘I’m as ambitious as everyone else is at the club since I’ve been here to bring success, and that means taking on and trying to make the teams that, in some respects, have extra resources, but we can find different ways of bridging that gap.’ Share or comment on this article: Wounded Ange is fighting for his job as he returns to the Ibrox bear pit e-mail Add commentCanadian Prime Minister Justin Trudeau criticized the United States for not electing Vice President Kamala Harris to the presidency, suggesting that “women’s rights and women’s progress” are “under attack.” During a speech on Tuesday evening at an Equal Voice Foundation event, Trudeau claimed America was facing “regressive forces” that were attempting to fight against women’s rights and progress, according to the National Post. Trudeau noted that the U.S. had decided “for a second time, to not elect its first woman president.” “It shouldn’t be that way. It wasn’t supposed to be that way. We were supposed to be on a steady — if difficult sometimes — march towards progress,” Trudeau said. “And, yet, just a few weeks ago the United States voted for a second time, to not elect its first woman president.” Trudeau added, “Everywhere, women’s rights and women’s progress is under attack — overtly and subtly, but I want you to know that I am and always will be a proud feminist. You will always have an ally in me and my government.” John Nolte Chronicles the End of America's Woke Moment The comments from Trudeau come a month after President-elect Donald Trump won the presidential election over Vice President Kamala Harris after he earned 270 votes in the Electoral College. As Breitbart News’s Wendell Husebo reported , Trump has recently taken to trolling Trudeau by calling him “Governor Justin Trudeau of the Great State of Canada.” During a meeting between Trudeau and Trump at Mara-a-Lago, Trump was reported as having joked about Canada becoming the 51st state and Trudeau being the governor if Canada did not like the idea of a 25 percent tariff on goods from Canada. The meeting between Trudeau and Trump came after Trump threatened both Canada and Mexico with 25 percent tariffs on goods imported from both countries and would not lift the tariffs unless both Canada and Mexico addressed the ongoing illegal immigration and drug inflow.



Mukesh Ambani, the Chairman of Reliance Industries and Asia’s richest man, has added the Rolls-Royce Spectre to his prestigious car collection. Ambani’s love for luxury cars is well-documented, and this latest addition shows his passion. The Rolls-Royce Spectre is the brand’s first fully electric luxury sedan. Spotted in Mumbai with the exclusive VIP registration number, the car is part of Ambani’s iconic Jio Garage. The Spectre’s base ex-showroom price starts at Rs 7.50 crore in India. However, with customisation options, the cost can rise significantly. This electric marvel is powered by a 102 kWh battery pack, offering a driving range of up to 530 km on a single charge. It supports fast charging, with a 195-kW charger that can charge the battery from 10% to 80% in just 34 minutes. Even with a 50 kW DC charger, the same charging level can be achieved in 95 minutes. The Spectre boasts impressive performance, with two powerful electric motors on each axle delivering a combined output of 585 HP and 900 Nm of torque. The car accelerates from 0 to 100 km/h in just 4.5 seconds. True to the Rolls-Royce legacy, the Spectre combines cutting-edge technology with unmatched luxury. Its sleek design includes the iconic Rolls-Royce grille, the Spirit of Ecstasy logo, and stylish 23-inch alloy wheels. The interior reflects opulence, featuring premium materials and state-of-the-art features.Ex-Colorado footballer Bloom dedicates time to fulfilling wishes for older adults

RICHMOND — Two years ago, Gov. Glenn Youngkin proposed sweeping investments to overhaul the state’s behavioral health system. The initiative, called Right Help, Right Now, promised funding for crisis response solutions like mobile crisis teams and a new crisis hotline. On Wednesday, Youngkin said the commonwealth had made good on that promise. “We are finding a way to get people the help they need when they need it, and that does not mean tomorrow or next month,” he said during a news conference at the Patrick Henry Building. “It means today.” At the outset, the program’s goals included boosting the number of mobile crisis response units from 36 to 70. Today, there are 102 active teams operating 24/7 year round. Those teams average a 50-minute response time across the state. Likewise, Youngkin said that between crisis receiving centers, stabilization units and therapeutic homes, there are now 663 available crisis units, up from 213. Other highlights included the 988 hotline , which acts as an alternative to 911 for mental health crises. In September, the hotline received more than 14,000 calls. Youngkin said the wider availability of dedicated mental health supports also reduced the amount of time police officers spent monitoring people in crisis at hospitals. To continue the progress, Youngkin pledged an additional $70 million to further the efforts of Right Help, Right Now in a budget proposal he will present next week. Still, there’s work to be done. The bulk of last year’s funding went to developmental disability waivers , distributed quarterly over two years and designed to help children and adults with disabilities receive support at home. Historically, the waitlist to receive these waivers has been thousands of people long. The mental health investment has funded 3,440 slots for top applicants — effectively enough to clear the backlog of people who urgently need support services. But that doesn’t mean there’s enough support to get people help right away. There is a rollout process, and advocates have warned there remains a shortage of service providers who act as an alternative to group homes. “We hear from people when they get (the waiver), and they call excited,” said Tonya Milling, executive director of the Arc of Virginia, an organization that advocates for people with intellectual and developmental disabilities. “And then it’s, ‘Oh my God, what do I do?” To that end, the Arc is lobbying for resources to help waiver recipients navigate the process. Milling said there’s also a difference in how crisis intervention systems work for people with developmental disabilities compared to people accessing the mental health system without one, at least right now. “It’s taken longer to get crisis receiving centers trained, ready and prepared so that they know how to support someone with (intellectual and developmental disabilities) when they come in,” she said. “We have a lot of people with significant support needs that have autism that can manifest as a behavioral health crisis. Calling the cops is still pretty scary, so there needs to be so much more education on 988 and for people to know to call that.” Of the $70 million in spending included in Youngkin’s budget amendments, $35 million would go toward Special Conservators of the Peace, badged officers in hospitals and emergency departments that would take custody of people experiencing a behavioral health crisis. Youngkin said the goal is to reduce the time police officers spend in hospitals. The governor will present his amended budget proposal to state lawmakers next Wednesday. The General Assembly convenes Jan. 8 and will adjourn Feb. 22. During the session, lawmakers will consider this and other amendments Youngkin proposes for the state’s two-year budget plan. Kate Seltzer, katherine.seltzer@virginiamedia.com Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) Most Popular Colonial Williamsburg’s Grand Illumination has echoes across the US Colonial Williamsburg's Grand Illumination has echoes across the US Kingsmill residents address James City County officials with concerns about future development Kingsmill residents address James City County officials with concerns about future development Former NFL player opens Newport News youth empowerment center Former NFL player opens Newport News youth empowerment center Cause of underground fire at Williamsburg Premium Outlets still unknown — and may stay that way, fire chief says Cause of underground fire at Williamsburg Premium Outlets still unknown — and may stay that way, fire chief says Well-known Virginia Tech professor Nikki Giovanni remembered as talented poet and literary celebrity Well-known Virginia Tech professor Nikki Giovanni remembered as talented poet and literary celebrity DA suggests judge could permanently halt Trump’s hush money case while upholding his conviction DA suggests judge could permanently halt Trump’s hush money case while upholding his conviction The Dome, Virginia Beach’s upcoming venue, is booking shows. 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Bill Belichick set to be hired as North Carolina head football coach, report says Bill Belichick set to be hired as North Carolina head football coach, report says House approves $895B defense bill with military pay raise, ban on transgender care for minors House approves $895B defense bill with military pay raise, ban on transgender care for minors New York prosecutors charge suspect in UnitedHealthcare CEO killing with murder, court records show New York prosecutors charge suspect in UnitedHealthcare CEO killing with murder, court records show Trending Nationally Justice Dept. reports ‘unlawful and unconstitutional’ conduct at Worcester PD Traffic stops by Denver police plunge nearly 50% after new policy prohibits low-level enforcement ALDI has come up with a better way on shopping carts Michelin announces 2024 awards and Chicago has a new one-star restaurant Kimberly Guilfoyle who? Donald Trump Jr. ‘flaunts’ new romance with Palm Beach socialite: report

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Steel For Marine Engineering Market Driven by Demand for Immersive Technologies Across Industries 11-23-2024 12:19 AM CET | Advertising, Media Consulting, Marketing Research Press release from: Verified Industry Insights Steel For Marine Engineering Market Global Steel For Marine Engineering Market Impact of AI and Automation The steel for marine engineering market is experiencing significant growth, driven by the expanding global maritime industry and increasing investments in shipbuilding and offshore infrastructure. The rising demand for durable, corrosion-resistant materials in harsh marine environments is propelling the adoption of specialized marine-grade steel. Innovations in high-strength and lightweight steel alloys are enhancing vessel performance and fuel efficiency, aligning with the industry's sustainability goals. Growth in international trade and marine transportation, coupled with the expansion of offshore oil and gas exploration, further supports market development. Additionally, emerging economies in Asia-Pacific are fueling demand through large-scale shipbuilding activities. Government initiatives to modernize naval fleets and upgrade port infrastructure are also contributing to market expansion. As maritime engineering advances, the demand for high-performance steel is anticipated to grow steadily. The steel for marine engineering market is shaped by evolving technological advancements and the increasing need for resilient materials in maritime applications. The market benefits from the growing emphasis on eco-friendly and energy-efficient solutions, driving the development of innovative steel grades with superior corrosion resistance and strength-to-weight ratios. However, fluctuating raw material prices and environmental regulations concerning steel production pose challenges for manufacturers. The rising demand for renewable energy infrastructure, such as offshore wind farms, is creating new growth opportunities for specialized steel products. Competition among global suppliers is intensifying, pushing players to focus on quality, customization, and cost-efficiency. Despite challenges, the market remains resilient, supported by the maritime industry's critical role in global trade and the continuous evolution of marine engineering technologies. The market size of Steel For Marine Engineering Market, valued at USD 10 billion in 2023, is projected to reach USD 15 billion by 2033, expanding at a CAGR of 4.5% between 2024 and 2033. The report comprises various segments and analyzes significant trends and factors influencing market growth.. The growth is being attributed to increasing demand in different sectors, Steel For Marine Engineering technological advancement, and changing habits of consumers and industry towards sustainable and efficient technologies. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart)@ https://www.verifiedindustryinsights.com/download-sample/1435796/?utm_source=OpenPr&utm_medium=072 Key Players in the Steel For Marine Engineering Market ArcelorMittal Nippon Steel Corporation POSCO SSAB Thyssenkrupp AG Baosteel Group Tata Steel JSW Steel United States Steel Corporation JFE Steel Corporation Steel Authority of India Limited Global Steel For Marine Engineering Market Segmentation: Steel For Marine Engineering Market by Type Carbon Steel Alloy Steel Stainless Steel High Strength Steel Steel For Marine Engineering Market by Application Shipbuilding Offshore Structures Marine Equipment Ship Repair Others Steel For Marine Engineering Market by End-Use Industry Commercial Shipping Defense Fishing Leisure Market Segmentation Dynamics of Steel For Marine Engineering Market: The global Steel For Marine Engineering market comprises numerous types, each targeting specific market demands. More types that are familiar to the customers are, hardware, software and service based solutions. Hardware solutions comprise tangible goods that include sensors, devices and components for power applications. Software solutions aid in improving functions by automating systems, analyzing data and integrating artificial intelligence to make systems more functional and efficient. Service based offering include providing support, running maintenance and offering consultancy services to ensure that Steel For Marine Engineering systems are able to operate optimally and provide satisfactory value over time. All these segments combine to satisfy customer needs with these different types of helping in growth of global Steel For Marine Engineering market. Global Usage of Steel For Marine Engineering: Businesses, consumers, and governmental bodies use the Steel For Marine Engineering resources within the respective jurisdictions. Steel For Marine Engineering products are incorporated into businesses operating in manufacturing, retail, healthcare, and other industries to increase efficiency, reduce costs, and boost performance. The consumers' needs are evolving due to changing lifestyles, new technologies, and growing demand for easy solutions. At the same time, Steel For Marine Engineering are employed by the governments to sustain the public order, construct and develop infrastructure, and provide better services. Different end-user groups use products for different purposes which determine the development of products and trends in the market. Firms which are able to meet the diverse demands of the end-users stand a good chance to prosper in the competitive landscape of the Steel For Marine Engineering sector. Global Market by Region: North America Europe Asia-Pacific Latin America Middle East & Africa The Steel For Marine Engineering market at the global level depicts notable regional differences wherein North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa all to overall growth. North America has the highest level of technology use and is continually supported by the demands of healthcare, automotive and industrial. Europe has inbuilt objectives of sustainability, compliance with regulations and advances in automotive and energy industries. Asia-Pacific is projected to be the fastest region driven mainly by industrialization, middle class growth and technology investment. Latin America and the Middle East and Africa are considered as new markets with potential growth for infrastructures and adoption of technology. It is essential to appreciate these regional aspects and their interrelations in order to formulate appropriate growth strategies for the Steel For Marine Engineering market. Receive a Discount By Purchasing This Report @ https://www.verifiedindustryinsights.com/ask-for-discount/1435796/?utm_source=OpenPr&utm_medium=072 Frequently Asked Questions (FAQ) on the Global Steel For Marine Engineering Market promotion Q. What is the growth forecast of the global Steel For Marine Engineering market? A. The market size of Steel For Marine Engineering Market, valued at USD 10 billion in 2023, is projected to reach USD 15 billion by 2033, expanding at a CAGR of 4.5% between 2024 and 2033. The report comprises various segments and analyzes significant trends and factors influencing market growth.. It is obvious that demand for Steel For Marine Engineering products will grow in the future as global markets expand. Factors such as rising consumer demand, technological advancements, and increasing industrial applications are fueling the market's expansion. As businesses and industries seek out possible advancement in operational efficiency and customized goods, the market's stable CAGR is expected to be witnessed. Q. Which regions have been influential in creating the need for Steel For Marine Engineering in the countries that they operate in? A. Steel For Marine Engineering's growth in volume has been derived mainly from Asia-Pacific primarily due to - accelerated industrial growth, urban expansion, and technological enhancement. This is closely followed by North America which will primarily be driven by technology enhancement and high consumption. Europe also remains a key market contributing towards Steel For Marine Engineering demand fueled by the increasing trend towards innovative solutions sustainability. South America and Middle eastern and African regions too are increasingly becoming targets with awakening demand from infrastructures development and expanding industries. Q: What are the primary forces impacting the global Steel For Marine Engineering industry? A: The expansion of the global Steel For Marine Engineering market is mainly determined by technical advancement, transformation of customer requirements, and the growing requirement for efficiency across different regions. The infusion of advanced technologies like AI, automation, and IoT is improving the capability of products and creating new opportunities. Also, the trend towards greener approaches, the accompanying regulatory environment, and the rising adoption of Steel For Marine Engineering in the developing economies are some major trends that are expected to influence the market. Q: Who dominates the global Steel For Marine Engineering market? A: The global Steel For Marine Engineering marketplace has matured companies as well as new innovators. The best companies have established excellence in marketing, have a wide range of products and are innovative. These companies are focused on upgrading their products and services, increasing their research and development activities as well as branching out into other core areas for regulatory advantages. Mergers and acquisitions are also part of the strategies that the top players deploy to ensure their success in the market. Q: In what manner are technologies supporting the growth of Steel For Marine Engineering industry? A: Technology is revolutionizing the global Steel For Marine Engineering industry by enhancing the features of products, increasing the efficiency of operations and creating new market opportunities. With the use of advanced technologies like AI, machine learning, automation, the production processes are being made more efficient, costs are being lowered and quality is increasing. The Internet of Things (IoT) also adds to the functionality and connectivity of products, resulting in more value for customers. There is also the emergence of digital transformation and data analytics enabling the businesses to understand their customers more comprehensively and thereby adjust their offers and marketing. Technology is enabling organizations to develop faster and better address the challenges in the market that is perpetually changing. 🔍 For More Information or Query, Visit @ https://www.verifiedindustryinsights.com/report/global-steel-for-marine-engineering-industry/?utm_source=OpenPr&utm_medium=072 Categorized Construction and Manufacturing: Industrial Equipment The Global Steel For Marine Engineering Market which is within the scope of Construction and Manufacturing and further divided into specific structures under Industrial Equipment has been growing tremendously with the increase in demand for new solutions and improvements. This market contains a large portfolio of applications and products to serve the various demands in the industry. With companies increasing the need to be efficient and productive, global Steel For Marine Engineering Market has the potential to grow even further with a healthy outflow of money towards R&D. In addition, the increased demand for sustainability and regulatory measures are also altering the change in focus for the firms, encouraging them to develop green solutions. However, perhaps the most exciting development has been the emergence of a large number of new market participants, as well as existing ones who have an established presence in the industry. The market seems to have plenty of opportunities that stoke the growth and trends well enough to cater to the demand. 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Our primary cause is to enhance our clients through the delivery of a wide range of analytical research modalities that assist with strategic decision making as well as enhancing sustainable development to those clients. Since our establishment, we have experienced analysts and subject matter experts (SMEs) whose responsibilities include analyzing the market trends and competitive forces. In any and all research endeavors, when clients' needs come first, we strive to employ best practices in the industry while constantly being innovative and bold. We work with sectors such as health care, technology, finance, manufacturing and energy and customise our reports per sector. All in all, the aim of Verified Industry Insights is to aid organizations fuse through complex networks or landscapes in business and attain their goals or targeted objectives. Get in Touch with Us Mr. Edwyne Fernandes Verified Industry Insights Tel: +1 743 222 5439 This release was published on openPR.Q3 FY24 Net Sales of $151.3 Million Q3 FY24 Gross Margin of 71.4% Q3 FY24 Operating Income of $19.2 Million Announces $25.0 Million Share Repurchase Authorization J.Jill, Inc. JILL today announced financial results for the third quarter of fiscal year 2024. Claire Spofford, President and Chief Executive Officer of J.Jill, Inc. stated, "We delivered third quarter results inline with our expectations as we continued to execute the disciplined operating model yielding another quarter of healthy overall margin performance. While our customer has remained selective with her purchasing behavior and we have not yet seen the robust return to full price selling we saw earlier this year, we are maintaining our commitment to providing her the product, value and shopping experience she expects and appreciates from J.Jill. As we look ahead, we remain steadfast in our operating principles and continue to invest in strategic initiatives such as systems and new stores that we believe will enhance the omni-channel experience and broaden our reach longer-term. In addition to continuing to invest in the business, we are also pleased to further expand our total shareholder return strategy to include a new share repurchase program further underscoring our confidence in the business and the long-term opportunities that remain in front of us." For the third quarter ended November 2, 2024: Net sales for the third quarter of fiscal 2024 increased 0.3% to $151.3 million compared to $150.9 million for the third quarter of fiscal 2023. The increase includes approximately $2.0 million of benefit due to the calendar shift with the 53 rd week in fiscal 2023. Total company comparable sales, which includes comparable store and direct to consumer sales, decreased by 0.8% for the third quarter of fiscal 2024. Total company comparable sales was negatively impacted by approximately 50 basis points due to hurricane-related disruptions in the quarter. Direct to consumer net sales, which represented 45.7% of net sales, were up 0.3% compared to the third quarter of fiscal 2023. Gross profit was $108.0 million compared to $108.6 million in the third quarter of fiscal 2023. Gross margin was 71.4% compared to 72.0% in the third quarter of fiscal 2023. SG&A was $88.6 million compared to $86.5 million in the third quarter of fiscal 2023. Excluding non-recurring items from both periods, SG&A as a percentage of total net sales was 58.4% compared to 57.7% for the third quarter of fiscal 2023. Operating income was $19.2 million compared to $22.1 million in the third quarter of fiscal 2023. Operating income margin for the third quarter of fiscal 2024 was 12.7% compared to 14.7% in the third quarter of fiscal 2023. Adjusted Income from Operations* was $21.4 million compared to $22.5 million in the third quarter of fiscal 2023. Interest expense was $2.8 million compared to $6.5 million in the third quarter of fiscal 2023. Interest income was $0.5 million in the third quarter of fiscal 2024 compared to $0.7 million in the third quarter of fiscal 2023. During the third quarter of fiscal 2024, the Company recorded an income tax provision of $4.5 million compared to $4.7 million in the third quarter of fiscal 2023 and the effective tax rate was 26.8% compared to 28.9% in the third quarter of fiscal 2023. Net Income was $12.3 million compared to $11.6 million in the third quarter of fiscal 2023. Net Income per Diluted Share was $0.80 for the third quarter of fiscal 2024 and 2023. Adjusted Net Income per Diluted Share* in the third quarter of fiscal 2024 was $0.89 compared to $0.83 in the third quarter of fiscal 2023. Adjusted EBITDA* for the third quarter of fiscal 2024 was $26.8 million compared to $28.6 million in the third quarter of fiscal 2023. Adjusted EBITDA margin* for the third quarter of fiscal 2024 was 17.7% compared to 18.9% in the third quarter of fiscal 2023. The Company opened three new stores, reopened one store that was temporarily closed for relocation in the second quarter of fiscal 2024 and temporarily closed one store due to hurricane damage, which has an uncertain reopening date. The store count at the end of the quarter is 247 stores. For the thirty-nine weeks ended November 2, 2024: Net sales for the thirty-nine weeks ended November 2, 2024 increased 2.2% to $468.0 million compared to $457.8 million for the thirty-nine weeks ended October 28, 2023. The increase includes approximately $2.0 million of benefit due to the calendar shift with the 53 rd week in fiscal 2023. Total company comparable sales, which includes comparable store and direct to consumer sales, increased by 1.4% for the thirty-nine weeks ended November 2, 2024. Direct to consumer net sales, which represented 46.6% of net sales, were up 5.1% compared to the thirty-nine weeks ended October 28, 2023. Gross profit was $335.1 million compared to $329.3 million for the thirty-nine weeks ended October 28, 2023. Gross margin was 71.6% compared to 71.9% for the thirty-nine weeks ended October 28, 2023. SG&A was $264.1 million compared to $253.7 million for the thirty-nine weeks ended October 28, 2023. Excluding non-recurring items from both periods, SG&A as a percentage of total net sales was 56.4% compared to 55.6% for the thirty-nine weeks ended October 28, 2023. Operating income was $70.6 million compared to $75.6 million for the thirty-nine weeks ended October 28, 2023. Operating income margin for the thirty-nine weeks ended November 2, 2024 was 15.1% compared to 16.5% for the thirty-nine weeks ended October 28, 2023. Adjusted Income from Operations* was $75.9 million compared to $77.8 million for the thirty-nine weeks ended October 28, 2023. Interest expense was $13.0 million compared to $19.8 million for the thirty-nine weeks ended October 28, 2023. Interest income was $2.0 million compared to $1.8 million for the thirty-nine weeks ended October 28, 2023. During the thirty-nine weeks ended November 2, 2024, the Company recorded an income tax provision of $13.8 million compared to $13.3 million for the thirty-nine weeks ended October 28, 2023 and the effective tax rate was 27.1% compared to 29.8% for the thirty-nine weeks ended October 28, 2023. Net Income was $37.2 million compared to $31.4 million for the thirty-nine weeks ended October 28, 2023. Net Income per Diluted Share was $2.48 compared to $2.19 for the thirty-nine weeks ended October 28, 2023. Adjusted Net Income per Diluted Share* for the thirty-nine weeks ended November 2, 2024 was $3.15 compared to $3.00 for the thirty-nine weeks ended October 28, 2023. Adjusted EBITDA* for the thirty-nine weeks ended November 2, 2024 was $92.6 million compared to $95.1 million for the thirty-nine weeks ended October 28, 2023. Adjusted EBITDA margin* for the thirty-nine weeks ended November 2, 2024 was 19.8% compared to 20.8% for the thirty-nine weeks ended October 28, 2023. The Company opened four new stores for the thirty-nine weeks ended November 2, 2024 and temporarily closed one store due to hurricane damage, which has an uncertain reopening date. The store count at the end of the thirty-nine weeks ended November 2, 2024 is 247 stores. Balance Sheet Highlights Net Cash provided by Operating Activities for the thirty-nine weeks ended November 2, 2024, was $56.9 million compared to $56.7 million for the thirty-nine weeks ended October 28, 2023. Free cash flow* was $46.9 million compared to $45.9 million for the thirty-nine weeks ended October 28, 2023. The Company ended the third quarter of fiscal 2024 with a cash balance of $38.8 million. Inventory at the end of the third quarter of fiscal 2024 was $61.7 million compared to $56.7 million at the end of the third quarter of fiscal 2023. *Non-GAAP financial measures. Please see "Non-GAAP Financial Measures" and "Reconciliation of GAAP Net Income to Adjusted EBITDA," "Reconciliation of GAAP Operating Income to Adjusted Income from Operations," "Reconciliation of GAAP Net Income to Adjusted Net Income," and "Reconciliation of GAAP Cash from Operations to Free Cash Flow" for more information. Share Repurchase Authorization On December 6, 2024, J.Jill's Board of Directors authorized a share repurchase program for up to an aggregate amount of $25.0 million of the Company's outstanding common stock over the next 2 years. The program is expected to be funded through the Company's existing cash and future free cash flow. The timing of any repurchases and the number of shares repurchased are subject to the discretion of the Company and may be affected by various factors, including general market and economic conditions, the market price of the Company's common stock, the Company's earnings, financial condition, capital requirements and levels of indebtedness, legal requirements, and other factors that management may deem relevant. The share repurchase program authorization does not obligate the Company to acquire any shares of its common stock and may be amended, suspended or discontinued at any time. Shares may be repurchased from time to time through open market transactions, block trades, privately negotiated purchase transactions or other purchase techniques and may include purchases effected pursuant to one or more trading plans established pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934. Quarterly Dividend Payment On December 4, 2024, the Board declared a cash dividend of $0.07 per share, payable on January 9, 2025 to stockholders of record of issued and outstanding shares of the Company's common stock as of December 26, 2024. Outlook For the fourth quarter of fiscal 2024, the Company expects net sales to be down 4% to 6% compared to the 14-week fourth quarter of fiscal 2023. The Company expects total company comparable sales to be up 1% to 3% compared to the comparable 13-week period in the prior fiscal year and expects Adjusted EBITDA to be in the range of $12.0 million to $14.0 million for the fourth quarter of fiscal 2024. For fiscal 2024, the Company expects net sales to be about flat to up 1% compared to fiscal 2023, total company comparable sales to be up 1% to 2% and for Adjusted EBITDA to be in the range of $105.0 million to $107.0 million, reflecting a year-over-year decline of 5% to 7% compared to fiscal 2023. This net sales and Adjusted EBITDA guidance reflects the negative impact from the loss of the 53rd week in fiscal 2023 of $7.9 million in net sales and $2.2 million in Adjusted EBITDA as well as investments to support profitable sales growth, including approximately $2.0 million in operating expenses related to the Company's Order Management System ("OMS") project. Excluding the impact of the 53rd week as well as the operating expense investment in the OMS project, the Company expects fiscal 2024 net sales to grow in the range of 1% to 2% and Adjusted EBITDA to decline in the range of 2% to 4% compared to the prior year. The Company now expects net store count growth of 4 stores to end fiscal 2024, excluding the impact of the hurricane closure. The Company continues to expect total capital expenditures of approximately $22.0 million, which reflects the treatment of cloud based software implementation costs as prepaid expense. Conference Call Information A conference call to discuss third quarter 2024 results is scheduled for today, December 11, 2024, at 4:30 p.m. Eastern Time. Those interested in participating in the call are invited to dial (888) 596-4144 or (646) 968-2525 if calling internationally. Please dial in approximately 10 minutes prior to the start of the call and reference Conference ID 7311773 when prompted. A live audio webcast of the conference call will be available online at http://investors.jjill.com/Investors-Relations/News-Events/events . A taped replay of the conference call will be available approximately two hours following the call and can be accessed both online and by dialing (800) 770-2030 or (609) 800-9909. The pin number to access the telephone replay is 7311773. The telephone replay will be available until December 18, 2024. About J.Jill, Inc. J.Jill is a national lifestyle brand that provides apparel, footwear and accessories designed to help its customers move through a full life with ease. The brand represents an easy, thoughtful and inspired style that celebrates the totality of all women and designs its products with its core brand ethos in mind: keep it simple and make it matter. J.Jill offers a high touch customer experience through over 200 stores nationwide and a robust ecommerce platform. J.Jill is headquartered outside Boston. For more information, please visit www.jjill.com or http://investors.jjill.com . The information included on our websites is not incorporated by reference herein. Non-GAAP Financial Measures To supplement our unaudited consolidated financial statements presented in accordance with generally accepted accounting principles ("GAAP"), we use the following non-GAAP measures of financial performance: Adjusted EBITDA, which represents net income plus depreciation and amortization, income tax provision, interest expense, interest expense - related party, interest income, equity-based compensation expense, write-off of property and equipment, amortization of cloud-based software implementation costs, loss on extinguishment of debt, loss on debt refinancing, adjustment for exited retail stores, impairment of long-lived assets, loss due to hurricane, and other non-recurring items primarily consisting of outside legal and professional fees associated with certain non-recurring transactions and events. We present Adjusted EBITDA on a consolidated basis because management uses it as a supplemental measure in assessing our operating performance, and we believe that it is helpful to investors, securities analysts and other interested parties as a measure of our comparative operating performance from period to period. We also use Adjusted EBITDA as one of the primary methods for planning and forecasting overall expected performance of our business and for evaluating on a quarterly and annual basis actual results against such expectations. Further, we recognize Adjusted EBITDA as a commonly used measure in determining business value and as such, use it internally to report results. We also use Adjusted EBITDA margin which represents, for any period, Adjusted EBITDA as a percentage of net sales. Adjusted Income from Operations, which represents operating income plus equity-based compensation expense, write-off of property and equipment, adjustment for exited retail stores, impairment of long-lived assets, loss due to hurricane, and other non-recurring items. We present Adjusted Income from Operations because management uses it as a supplemental measure in assessing our operating performance, and we believe that it is helpful to investors, securities analysts, and other interested parties as a measure of our comparative operating performance from period to period. Adjusted Net Income, which represents net income plus income tax provision, equity-based compensation expense, write-off of property and equipment, loss on extinguishment of debt, loss on debt refinancing, adjustment for exited retail stores, impairment of long-lived assets, loss due to hurricane, and other non-recurring items. We present Adjusted Net Income because management uses it as a supplemental measure in assessing our operating performance, and we believe that it is helpful to investors, securities analysts and other interested parties as a measure of our comparative operating performance from period to period. Adjusted Net Income per Diluted Share represents Adjusted Net Income divided by the number of fully diluted shares outstanding. Adjusted Net Income per Diluted Share is presented as a supplemental measure in assessing our operating performance, and we believe that it is helpful to investors, securities analysts and other interested parties as a measure of our comparative operating performance from period to period. Free Cash Flow represents cash flow from operations less capital expenditures. Free Cash Flow is presented as a supplemental measure in assessing our liquidity, and we believe that it is helpful to investors, securities analysts and other interested parties as a measure of our comparative liquidity and operating performance from period to period. While we believe that Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Income from Operations, Adjusted Net Income, Adjusted Diluted EPS and Free Cash Flow are useful in evaluating our business, they are non-GAAP financial measures that have limitations as analytical tools. These non-GAAP measures should not be considered alternatives to, or substitutes for, Net Income, Income from Operations, Net Income per Diluted Share or Cash from Operations, which are calculated in accordance with GAAP. In addition, other companies, including companies in our industry, may calculate these non-GAAP measures differently or not at all, which reduces the usefulness of such non-GAAP financial measures as tools for comparison. We recommend that you review the reconciliation and calculation of Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Income from Operations, Adjusted Net Income, Adjusted Diluted EPS and Free Cash Flow to Net Income, Income from Operations, Net Income per Diluted Share and Cash from Operations, respectively, the most directly comparable GAAP financial measures, under "Reconciliation of GAAP Net Income to Adjusted EBITDA", "Reconciliation of GAAP Operating Income to Adjusted Income from Operations", "Reconciliation of GAAP Net Income to Adjusted Net Income" and "Reconciliation of Cash from Operations to Free Cash Flows" and not rely solely on Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Income from Operations, Adjusted Net Income, Adjusted Net Income per Diluted Share, Free Cash Flow or any single financial measure to evaluate our business. Forward-Looking Statements This press release contains, and oral statements made from time to time by our representatives may contain, "forward-looking statements." All statements other than statements of historical facts contained in this press release, including statements regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans, objectives of management, expected market growth and any activities, events or developments that we intend, expect or believe may occur in the future are forward-looking statements. Such statements are often identified by words such as "could," "may," "might," "will," "likely," "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects," "continues," "projects," "goal," "target" (although not all forward-looking statements contain these identifying words) and similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements are based on our current expectations and assumptions regarding capital market conditions, our business, the economy and other future conditions and are not guarantees of future performance. Because forward-looking statements relate to the future, by their nature, they are inherently subject to a number of risks, uncertainties, potentially inaccurate assumptions and changes in circumstances that are difficult to predict. As a result, our actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in any forward-looking statements include regional, national or global political, economic, business, competitive, market and regulatory conditions, including risks regarding: (1) our sensitivity to changes in economic conditions and discretionary consumer spending; (2) the material adverse impact of pandemics, other health crises or natural disasters on our operations, business and financial results; (3) our ability to anticipate and respond to changing customer preferences, shifts in fashion and industry trends in a timely manner; (4) our ability to maintain our brand image, engage new and existing customers and gain market share; (5) the impact of operating in a highly competitive industry with increased competition; (6) our ability to successfully optimize our omnichannel operations, including our ability to enhance our marketing efforts and successfully realize the benefits from our investments in new technology, for example our recently implemented point-of-sale system and the forthcoming upgrade to our order management system; (7) our ability to use effective marketing strategies and increase existing and new customer traffic; (8) any interruptions in our foreign sourcing operations and the relationships with our suppliers and agents; (9) any increases in the demand for, or the price of, raw materials used to manufacture our merchandise and other fluctuations in sourcing and distribution costs; (10) any material damage or interruptions to our information systems; (11) our ability to protect our trademarks and other intellectual property rights; (12) our indebtedness restricting our operational and financial flexibility; (13) our ability to manage our inventory levels, size assortments and merchandise mix; (14) the fact that we are no longer a controlled company; (15) the impact of any new or increased tariffs; (16) our management succession plan; and (17) other factors that may be described in our filings with the Securities and Exchange Commission (the "SEC"), including the factors set forth under "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended February 3, 2024 and our Quarterly Report on Form 10-Q for the quarter ended August 28, 2024. You are encouraged to read our filings with the SEC, available at www.sec.gov , for a discussion of these and other risks and uncertainties. We caution investors, potential investors and others not to place considerable reliance on the forward-looking statements in this press release and in the oral statements made by our representatives. Any such forward-looking statement speaks only as of the date on which it is made. J.Jill undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. (Tables Follow) J.Jill, Inc. Consolidated Statements of Operations and Comprehensive Income (Unaudited) (Amounts in thousands, except share and per share data) For the Thirteen Weeks Ended November 2, 2024 October 28, 2023 Net sales (a) $ 151,260 $ 150,881 Costs of goods sold (exclusive of depreciation and amortization) 43,285 42,283 Gross profit 107,975 108,598 Selling, general and administrative expenses (a) 88,646 86,450 Impairment of long-lived assets 102 21 Operating income 19,227 22,127 Interest expense (b) 2,849 6,501 Interest income (b) (494 ) (707 ) Income before provision for income taxes 16,872 16,333 Income tax provision 4,524 4,717 Net income and total comprehensive income $ 12,348 $ 11,616 Net income per common share: Basic $ 0.81 $ 0.82 Diluted $ 0.80 $ 0.80 Weighted average common shares: Basic 15,331,712 14,169,955 Diluted 15,490,876 14,448,228 Cash dividends declared per common share $ 0.07 — (a) For the third quarter of fiscal 2023, Net sales includes $0.7 million of processing fee income related to customer sales returns that was previously included in Selling, general and administrative expenses. (b) Beginning fiscal 2024, Interest income is presented separately from Interest expense. The prior period has been conformed with the current period presentation J.Jill, Inc. Consolidated Statements of Operations and Comprehensive Income (Unaudited) (Amounts in thousands, except share and per share data) For the Thirty-Nine Weeks Ended November 2, 2024 October 28, 2023 Net sales (a) $ 468,015 $ 457,758 Costs of goods sold (exclusive of depreciation and amortization) 132,909 128,423 Gross profit 335,106 329,335 Selling, general and administrative expenses (a) 264,072 253,705 Impairment of long-lived assets 413 66 Operating income 70,621 75,564 Loss on extinguishment of debt 8,570 — Loss on debt refinancing — 12,702 Interest expense (b) 13,009 18,758 Interest expense - related party — 1,074 Interest income (b) (2,020 ) (1,750 ) Income before provision for income taxes 51,062 44,780 Income tax provision 13,827 13,346 Net income and total comprehensive income $ 37,235 $ 31,434 Net income per common share: Basic $ 2.51 $ 2.22 Diluted $ 2.48 $ 2.19 Weighted average common shares: Basic 14,831,762 14,130,734 Diluted 14,994,786 14,379,529 Cash dividends declared per common share $ 0.14 — (a) For the thirty-nine weeks ended October 28, 2023, Net sales includes $2.5 million of processing fee income related to customer sales returns that was previously included in Selling, general and administrative expenses. (b) Beginning fiscal 2024, Interest income is presented separately from Interest expense. The prior period has been conformed with the current period presentation. J.Jill, Inc. Consolidated Balance Sheets (Unaudited) (Amounts in thousands, except common share data) November 2, 2024 February 3, 2024 Assets Current assets: Cash and cash equivalents $ 38,765 $ 62,172 Accounts receivable 6,535 5,042 Inventories, net 61,737 53,259 Prepaid expenses and other current assets 18,774 17,656 Total current assets 125,811 138,129 Property and equipment, net 52,091 54,118 Intangible assets, net 62,223 66,246 Goodwill 59,697 59,697 Operating lease assets, net 112,358 108,203 Other assets 6,076 1,787 Total assets $ 418,256 $ 428,180 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 50,936 $ 41,112 Accrued expenses and other current liabilities 42,534 42,283 Current portion of long-term debt 2,188 35,353 Current portion of operating lease liabilities 34,251 36,204 Total current liabilities 129,909 154,952 Long-term debt, net of discount and current portion 69,124 120,595 Deferred income taxes 9,511 10,967 Operating lease liabilities, net of current portion 105,161 103,070 Other liabilities 1,290 1,378 Total liabilities 314,995 390,962 Commitments and contingencies Shareholders' Equity Common stock, par value $0.01 per share; 50,000,000 shares authorized; 15,340,378 and 10,614,454 shares issued and outstanding at November 2, 2024 and February 3, 2024, respectively 153 107 Additional paid-in capital 241,998 213,236 Accumulated deficit (138,890 ) (176,125 ) Total shareholders' equity 103,261 37,218 Total liabilities and shareholders' equity $ 418,256 $ 428,180 J.Jill, Inc. Reconciliation of GAAP Net Income to Adjusted EBITDA (Unaudited) (Amounts in thousands) For the Thirteen Weeks Ended November 2, 2024 October 28, 2023 Net income $ 12,348 $ 11,616 Add (Less): Depreciation and amortization 5,257 5,792 Income tax provision 4,524 4,717 Interest expense (a) 2,849 6,501 Interest income (a) (494 ) (707 ) Adjustments: Equity-based compensation expense (b) 1,726 942 Write-off of property and equipment (c) 17 19 Amortization of cloud-based software implementation costs (d) 180 283 Adjustment for exited retail stores (e) — (632 ) Impairment of long-lived assets (f) 102 21 Loss due to hurricane (g) 252 — Other non-recurring items (h) 47 — Adjusted EBITDA $ 26,808 $ 28,552 Net sales (i) 151,260 150,881 Adjusted EBITDA margin 17.7 % 18.9 % (a) Beginning fiscal 2024, Interest income is presented separately from Interest expense. The prior period has been conformed with the current period presentation. (b) Represents expenses associated with equity incentive instruments granted to our management and Board of Directors. Incentive instruments are accounted for as equity-classified awards with the related compensation expense recognized based on fair value at the date of the grant. (c) Represents net gain or loss on the disposal of fixed assets. (d) Represents amortization of capitalized implementation costs related to cloud-based software arrangements that are included within Selling, general and administrative expenses. Adjusted EBITDA for the third quarter of fiscal 2023 has been restated to include such adjustments to Net income. (e) Represents non-cash gains associated with exiting store leases earlier than anticipated. (f) Represents impairment of long-lived assets related to right of use assets and leasehold improvements. (g) Represents loss on write-off of property and equipment and inventory at one store location due to hurricane. (h) Represents items management believes are not indicative of ongoing operating performance, including non-ordinary course legal and professional fees. (i) For the third quarter of fiscal 2023, Net sales includes $0.7 million of processing fee income that was previously included in Selling, general and administrative expenses. J.Jill, Inc. Reconciliation of GAAP Net Income to Adjusted EBITDA (Unaudited) (Amounts in thousands) For the Thirty-Nine Weeks Ended November 2, 2024 October 28, 2023 Net income $ 37,235 $ 31,434 Add (Less): Depreciation and amortization 16,091 16,854 Income tax provision 13,827 13,346 Interest expense (a) 13,009 18,758 Interest expense - related party — 1,074 Interest income (a) (2,020 ) (1,750 ) Adjustments: Equity-based compensation expense (b) 4,676 2,757 Write-off of property and equipment (c) 74 65 Amortization of cloud-based software implementation costs (d) 645 399 Loss on extinguishment of debt (e) 8,570 — Loss on debt refinancing (f) — 12,702 Adjustment for exited retail stores (g) (615 ) (632 ) Impairment of long-lived assets (h) 413 66 Loss due to hurricane (i) 252 — Other non-recurring items (j) 485 2 Adjusted EBITDA $ 92,642 $ 95,075 Net sales (k) $ 468,015 $ 457,758 Adjusted EBITDA margin 19.8 % 20.8 % (a) Beginning fiscal 2024, Interest income is presented separately from Interest expense. The prior period has been conformed with the current period presentation. (b) Represents expenses associated with equity incentive instruments granted to our management and Board of Directors. Incentive instruments are accounted for as equity-classified awards with the related compensation expense recognized based on fair value at the date of the grant. (c) Represents net gain or loss on the disposal of fixed assets. (d) Represents amortization of capitalized implementation costs related to cloud-based software arrangements that are included within Selling, general and administrative expenses. Adjusted EBITDA for the thirty-nine weeks ended October 28, 2023 has been restated to include such adjustments to Net income. (e) Represents loss on the prepayment of a portion of the term loan. (f) Represents loss on the repayment of the Priming and the Subordinated Credit Agreement. (g) Represents non-cash gains associated with exiting store leases earlier than anticipated. (h) Represents impairment of long-lived assets related to right of use assets and leasehold improvements. (i) Represents loss on write-off of property and equipment and inventory at one store location due to hurricane. (j) Represents items management believes are not indicative of ongoing operating performance, including non-ordinary course legal and professional fees. (k) For the thirty-nine weeks ended October 28, 2023, Net sales includes $2.5 million of processing fee income that was previously included in Selling, general and administrative expenses. J.Jill, Inc. Reconciliation of GAAP Operating Income to Adjusted Income from Operations (Unaudited) (Amounts in thousands) For the Thirteen Weeks Ended November 2, 2024 October 28, 2023 Operating income $ 19,227 $ 22,127 Add (Less): Equity-based compensation expense (a) 1,726 942 Write-off of property and equipment (b) 17 19 Adjustment for exited retail stores (c) — (632 ) Impairment of long-lived assets (d) 102 21 Loss due to hurricane (e) 252 — Other non-recurring items (f) 47 — Adjusted income from operations $ 21,371 $ 22,477 For the Thirty-Nine Weeks Ended November 2, 2024 October 28, 2023 Operating income $ 70,621 $ 75,564 Add (Less): Equity-based compensation expense (a) 4,676 2,757 Write-off of property and equipment (b) 74 65 Adjustment for exited retail stores (c) (615 ) (632 ) Impairment of long-lived assets (d) 413 66 Loss due to hurricane (e) 252 — Other non-recurring items (f) 485 2 Adjusted income from operations $ 75,906 $ 77,822 (a) Represents expenses associated with equity incentive instruments granted to our management and Board of Directors. Incentive instruments are accounted for as equity-classified awards with the related compensation expense recognized based on fair value at the date of the grant. Adjusted income from operations for the third quarter of fiscal 2023 and for the thirty-nine weeks ended October 28, 2023 has been restated to include such adjustments to Operating income. Beginning fiscal 2024, equity-based compensation expense is included as an adjustment. The prior period has been conformed with the current period presentation. (b) Represents net gain or loss on the disposal of fixed assets. Adjusted income from operations for the third quarter of fiscal 2023 and for the thirty-nine weeks ended October 28, 2023 has been restated to include such adjustments to Operating income. Beginning fiscal 2024, write-off of property and equipment is included as an adjustment. The prior period has been conformed with the current period presentation. (c) Represents non-cash gains associated with exiting store leases earlier than anticipated. (d) Represents impairment of long-lived assets related to right of use assets and leasehold improvements. (e) Represents loss on write-off of property and equipment and inventory at one store location due to hurricane. (f) Represents items management believes are not indicative of ongoing operating performance, including non-ordinary course legal and professional fees. J.Jill, Inc. Reconciliation of GAAP Net Income to Adjusted Net Income (Unaudited) (Amounts in thousands, except share and per share data) For the Thirteen Weeks Ended November 2, 2024 October 28, 2023 Net income $ 12,348 $ 11,616 Add: Income tax provision 4,524 4,717 Income before provision for income tax 16,872 16,333 Adjustments: Equity-based compensation expense (a) 1,726 942 Write-off of property and equipment (b) 17 19 Adjustment for exited retail stores (c) — (632 ) Impairment of long-lived assets (d) 102 21 Loss due to hurricane (e) 252 — Other non-recurring items (f) 47 — Adjusted income before income tax provision 19,016 16,683 Less: Adjusted tax provision (g) 5,172 4,655 Adjusted net income $ 13,844 $ 12,028 Adjusted net income per share: Basic $ 0.90 $ 0.85 Diluted $ 0.89 $ 0.83 Weighted average number of common shares: Basic 15,331,712 14,169,955 Diluted 15,490,876 14,448,228 (a) Represents expenses associated with equity incentive instruments granted to our management and Board of Directors. Incentive instruments are accounted for as equity-classified awards with the related compensation expense recognized based on fair value at the date of the grant. Adjusted net income for the third quarter of fiscal 2023 has been restated to include such adjustments to Net income. Beginning fiscal 2024, equity-based compensation expense is included as an adjustment. The prior period has been conformed with the current period presentation. (b) Represents net gain or loss on the disposal of fixed assets. Adjusted net income for the third quarter of fiscal 2023 has been restated to include such adjustments to Net income. Beginning fiscal 2024, write-off of property and equipment is included as an adjustment. The prior period has been conformed with the current period presentation. (c) Represents non-cash gains associated with exiting store leases earlier than anticipated. (d) Represents impairment of long-lived assets related to right of use assets and leasehold improvements. (e) Represents loss on write-off of property and equipment and inventory at one store location due to hurricane. (f) Represents items management believes are not indicative of ongoing operating performance, including non-ordinary course legal and professional fees. (g) The adjusted tax provision for adjusted net income is estimated by applying a rate of 27.2% for the third quarter of fiscal 2024 and 27.9% for the third quarter of fiscal 2023. J.Jill, Inc. Reconciliation of GAAP Net Income to Adjusted Net Income (Unaudited) (Amounts in thousands, except share and per share data) For the Thirty-Nine Weeks Ended November 2, 2024 October 28, 2023 Net income $ 37,235 $ 31,434 Add: Income tax provision 13,827 13,346 Income before provision for income tax 51,062 44,780 Adjustments: Equity-based compensation expense (a) 4,676 2,757 Write-off of property and equipment (b) 74 65 Loss on extinguishment of debt (c) 8,570 — Loss on debt refinancing (d) — 12,702 Adjustment for exited retail stores (e) (615 ) (632 ) Impairment of long-lived assets (f) 413 66 Loss due to hurricane (g) 252 — Other non-recurring items (h) 485 2 Adjusted income before income tax provision 64,917 59,740 Less: Adjusted tax provision (i) 17,657 16,667 Adjusted net income $ 47,260 $ 43,073 Adjusted net income per share: Basic $ 3.19 $ 3.05 Diluted $ 3.15 $ 3.00 Weighted average number of common shares: Basic 14,831,762 14,130,734 Diluted 14,994,786 14,379,529 (a) Represents expenses associated with equity incentive instruments granted to our management and Board of Directors. Incentive instruments are accounted for as equity-classified awards with the related compensation expense recognized based on fair value at the date of the grant. Adjusted net income for the thirty-nine weeks ended October 28, 2023 has been restated to include such adjustments to Net income. Beginning fiscal 2024, equity-based compensation expense is included as an adjustment. The prior period has been conformed with the current period presentation. (b) Represents net gain or loss on the disposal of fixed assets. Adjusted net income for the thirty-nine weeks ended October 28, 2023 has been restated to include such adjustments to Net income. Beginning fiscal 2024, write-off of property and equipment is included as an adjustment. The prior period has been conformed with the current period presentation. (c) Represents loss on the prepayment of a portion of the term loan. (d) Represents loss on the repayment of the Priming and Subordinated Credit Agreement. (e) Represents non-cash gains associated with exiting store leases earlier than anticipated. (f) Represents impairment of long-lived assets related to right of use assets and leasehold improvements. (g) Represents loss on write-off of property and equipment and inventory at one store location due to hurricane. (h) Represents items management believes are not indicative of ongoing operating performance, including non-ordinary course legal and professional fees. (i) The adjusted tax provision for adjusted net income is estimated by applying a rate of 27.2% for the thirty-nine weeks ended November 2, 2024 and 27.9% for the thirty-nine weeks ended October 28, 2023. J.Jill, Inc. Selected Cash Flow Information (Unaudited) (Amounts in thousands) Summary Data from the Statement of Cash Flows For the Thirteen Weeks Ended November 2, 2024 October 28, 2023 Net cash provided by operating activities $ 19,067 $ 21,067 Net cash used in investing activities (5,487 ) (3,655 ) Net cash used in financing activities (3,281 ) (2,200 ) Net change in cash and cash equivalents 10,299 15,212 Cash and cash equivalents: Beginning of Period 28,466 48,903 End of Period $ 38,765 $ 64,115 For the Thirty-Nine Weeks Ended November 2, 2024 October 28, 2023 Net cash provided by operating activities $ 56,947 $ 56,682 Net cash used in investing activities (10,047 ) (10,760 ) Net cash used in financing activities (70,307 ) (68,860 ) Net change in cash and cash equivalents (23,407 ) (22,938 ) Cash and cash equivalents: Beginning of Period 62,172 87,053 End of Period $ 38,765 $ 64,115 Reconciliation of GAAP Cash from Operations to Free Cash Flow For the Thirteen Weeks Ended November 2, 2024 October 28, 2023 Net cash provided by operating activities $ 19,067 $ 21,067 Less: Capital expenditures (a) (5,487 ) (3,655 ) Free cash flow $ 13,580 $ 17,412 For the Thirty-Nine Weeks Ended November 2, 2024 October 28, 2023 Net cash provided by operating activities $ 56,947 $ 56,682 Less: Capital expenditures (a) (10,047 ) (10,760 ) Free cash flow $ 46,900 $ 45,922 (a) Capital expenditures reflects net cash used in investing activities, which includes capitalized interest and excludes cash received from landlords for tenant allowances. View source version on businesswire.com: https://www.businesswire.com/news/home/20241211903405/en/ © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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