The gross margin was down by 120 basis points after adjusting for accounting changes related to the adoption of ASC 606 (see the previous part of this series). 180 points of this fall came from a merchandise margin decline, which was partially offset by 60 basis point leverage from rent and occupancy costs. Gap had reported six straight quarters of gross margin improvements before this quarter.
RALEIGH, N.C., April 18, 2024--The U.S. Small Business Administration, the voice for more than 33 million small businesses and innovative startups, has selected Dylan Gehrken as North Carolina’s 2024 Small Business Person of the Year. Gehrken founded and leads Raleigh-based Greasecycle, a green company that converts food waste materials into renewable energy resources.
Graz, Austria, April 18, 2024 (GLOBE NEWSWIRE) -- In the fast-paced world of Web3, Taτsu is ready to redefine the boundaries of decentralized applications and artificial intelligence. By tapping into the transformative power of the Bittensor network, Taτsu is at the forefront of a new wave of innovation, collaboration, and decentralization. Introducing the Taτsu Ecosystem Taτsu’s Ecosystem represents a bold step into the future, driven by a commitment to leveraging the collective intelligence of
WALL, N.J., April 18, 2024--The board of directors (the "Board") of New Jersey Resources Corporation (NYSE: NJR) unanimously declared a quarterly dividend on its common stock of $0.42 per share. The dividend will be payable on July 1, 2024, to shareowners of record as of June 12, 2024.
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global 3D Cell Culture Market size & share revenue was valued at approximately USD 1.5 Billion in 2023 and is expected to reach USD 1.9 Billion in 2024 and is expected to reach around USD 4.6 Billion by 2033, at a CAGR of 11.3% between 2024 and 2033. The key market players listed in the report with their sales, revenues and strategies are Thermo Fisher Scientific Inc., Corn
STAMFORD, Conn., April 18, 2024 (GLOBE NEWSWIRE) -- Star Group, L.P. (the "Company" or "Star") (NYSE:SGU), a home energy distributor and services provider, today announced that it has increased its quarterly distribution for the three months ended March 31, 2024 to $0.1725 per common unit from $0.1625 per common unit. Record date: April 29, 2024Payment date: May 8, 2024 About Star Group, L.P.Star Group, L.P. is a full service provider specializing in the sale of home heating products and service
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Some inbound flights to the world's second busiest airport resume, but many passengers remain stranded.
U.S. mortgage rates increased by the most since June and also crossed the 7% threshold for the first time since December, muddling home sales growth, a Thursday report said. The average rate on a 30-year fixed-rate mortgage rose to 7.10% for the week ended April 18 from 6.88% the week prior, Freddie Mac reported. “As rates trend higher, potential homebuyers are deciding whether to buy before rates rise even more or hold off in hopes of decreases later in the year," said Sam Khater, Freddie Mac's chief economist.
The amount of natural gas flowing to the seven U.S. liquefied natural gas (LNG) export plants, including Freeport LNG, was on track to jump by around 17% on Thursday from a 15-month low on Tuesday, data from financial firm LSEG showed. LNG feedgas rose to a preliminary 10.8 billion cubic feet per day (bcfd) on Thursday, up from 10.1 bcfd on Wednesday and a 15-month low of 9.2 bcfd on Tuesday when feedgas to several facilities dropped, including Freeport in Texas, Cameron LNG in Louisiana, and Cheniere Energy's Sabine Pass in Louisiana and Corpus Christi in Texas.
Hailey Van Lith is transferring to TCU after an uneven year at LSU.
An NFC GM suggested that as much as there is lacking star power at the top, there could be as many as “12 to 15” running backs drafted from the top of the second round to the end of the fourth.
Peter Murrell, the party's former chief executive, was first arrested in April last year and was released without charge.
MIAMI, April 18, 2024--Alivi Health, a leading provider of transportation, card-based, and specialty benefits, unveils a new Vision Program, a groundbreaking service designed to elevate medical centers' offerings and enhance member satisfaction.
MEMPHIS, Tenn., April 18, 2024--ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), is pleased to announce the addition of Jake Farrell to the ServisFirst Bank Memphis team. Jake will serve as Chairman of Tennessee working alongside Joel E. Smith, Market President of ServisFirst Bank Memphis, and Bradford Vieira, Regional President and CEO of ServisFirst Bank Tennessee, to grow the ServisFirst Bank market in Memphis and Nashville.
Third day of hush money trial underway as selection of remaining jurors and alternates continues
Dickey Betts, the Allman Brothers Band’s co-founding guitarist, singer and songwriter behind such classics as “Ramblin’ Man,” “Blue Sky” and “Jessica,” died today at his home in Osprey, FL. He was 80. His family posted the news on social media. “Dickey was larger than life, and his loss will be felt world-wide,” the family wrote …
Nicola Sturgeon’s husband Peter Murrell is understood to have been re-arrested in connection with Police Scotland's investigation into the SNP’s finances. Mr Chapman had complained that a lack of transparency about the finances had prevented him carrying out “fiduciary duties”.
The model and actress is one of the faces of Anne Klein’s spring/summer 2024 campaign. Ahead, she talks her style, self-care routine and mom life
The U.S. is further restricting Iran's access to "low-level technology," in response to Iran's April 13 attack on Israel and its military support for Russia, according to a posting Thursday by the U.S. Department of Commerce. The U.S. is adding to the list of items that require a license for export or re-export to Iran, including items made abroad with U.S. technology, the posting said. The new restrictions build on the Commerce Department's February 2023 action targeting Iran's involvement in supplying drones to support Russia's war on Ukraine.
Meta AI chatbot is now more powerful than free version of ChatGPT, Facebook owner claims
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