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becu live at northern quest resort & casino NORWALK, Conn.--(BUSINESS WIRE)--Nov 26, 2024-- Xerox Holdings Corporation (NASDAQ: XRX) announced today the company will participate at the UBS 2024 Global Technology and AI Conference. UBS 2024 Global Technology and AI Conference WHEN: 12:15 p.m. EDT, Tuesday, December 3, 2024 WHAT: UBS 2024 Global Technology and AI Conference WHO: Steve Bandrowczak, chief executive officer Xavier Heiss, chief financial officer Mirlanda Gecaj, chief accounting officer David Beckel, vice president and head of investor relations WHERE: Link to live webcast and replay available at https://investors.xerox.com/ About Xerox Holdings Corporation (NASDAQ: XRX) For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we’ve expanded into software and services to sustainably power the hybrid workplace of today and tomorrow. Today, Xerox is continuing its legacy of innovation to deliver client-centric and digitally-driven technology solutions and meet the needs of today’s global, distributed workforce. From the office to industrial environments, our differentiated business and technology offerings and financial services are essential workplace technology solutions that drive success for our clients. At Xerox, we make work, work. Learn more at www.xerox.com and explore our commitment to diversity and inclusion. Note: To receive RSS news feeds, visit https://www.news.xerox.com . For open commentary, industry perspectives and views, visit http://www.linkedin.com/company/xerox , http://twitter.com/xerox , http://www.facebook.com/XeroxCorp , https://www.instagram.com/xerox/ , http://www.youtube.com/XeroxCorp . Xerox ® is a trademark of Xerox in the United States and/or other countries. View source version on businesswire.com : https://www.businesswire.com/news/home/20241126511050/en/ CONTACT: Media Contacts Callie Ferrari, Corporate Communications, +1-203-615-3363,callie.ferrari@xerox.com David Beckel, Investor Relations, +1-203-849-2318,david.beckel@xerox.com KEYWORD: CONNECTICUT UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: RETAIL CONSUMER ELECTRONICS TECHNOLOGY ARTIFICIAL INTELLIGENCE OFFICE PRODUCTS HARDWARE SOURCE: Xerox Holdings Corporation Copyright Business Wire 2024. PUB: 11/26/2024 02:00 PM/DISC: 11/26/2024 02:03 PM http://www.businesswire.com/news/home/20241126511050/enBPCL, CIL may put Rs 12,000 crore into coal gasification JV

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Investors have long been looking for the next Chipotle Mexican Grill (NYSE: CMG) in the restaurant space, as it has been one of the best-performing restaurant stocks over the past nearly two decades. An early investment in the stock could have helped investors be set for life. One restaurant operator that looks like it may have the potential to be the next Chipotle is Mediterranean food restaurant operator Cava Group ( CAVA 0.58% ) . Let's look at how the companies are similar, and whether an investment in Cava can help set you up for life. The next Chipotle? Cava shares a number of important characteristics with Chipotle. The first comes down to the food itself. Both use a limited number of high-quality ingredients that people can use to customize their meals into a wide variety of options. The meals are then made in an assembly line process. This method has a lot of advantages for restaurant operators. A limited number of ingredients helps create supply chain efficiencies, allowing a restaurant to buy from fewer suppliers and helping eventually give it some pricing power with its suppliers as it scales up. It can also create less prep work, saving on labor hours. Most importantly, though, it allows for the assembly line process of putting orders together quickly, which speeds up throughput. Combined, all this tends to lead to strong restaurant level margins (RLMs), which is the operating income a restaurant produces before taking corporate costs into account. Last quarter, Cava had RLMs of 25.6%, compared to 25.5% for Chipotle. Given that Cava has less scale (with a lower number of restaurants and sales), that's quite impressive. If you go back to third-quarter 2018 and 2019, which is a strong period for Chipotle between its food-borne illness issues and COVID, its RLMs were 18.7% and 20.8%, so Cava is very well situated with this metric. All in all, customers are getting high-quality custom meals quickly, which is helping drive the restaurant chain's popularity. This is leading to Cava seeing very strong same-store sales growth, driven by big increases in traffic and increased prices. This combination shows a restaurant concept that is not only popular and gaining new customers, but also one with pricing power. For its fiscal Q3, Cava's same-store sales soared 18.1% with a 12.9% increase in traffic. Impressively, this came on top of a 14.1% increase the year before, representing what is referred to as a two-year stacked comparable-store growth rate of 32.2%. That's a huge number and demonstrates the success that Cava is seeing. Cava's strong same-restaurant sales over the past two years have increased the company's average unit volumes (AUVs) -- the average amount of sales its restaurants generate in a year -- to $2.8 million. That is not far from the $3.2 million AUV Chipotle reported each quarter. Looking back once again to those 2018 and 2019 Q3 periods for Chipotle, its AUVs rose from $2 million to $2.15 million, so Cava once again looks ahead of the game. Even when adjusting for inflation, Cava's current AUVs are higher than Chipotle's in Q3 2019 -- its inflation-adjusted AUV would be $2.65 million in today's dollars. Like Chipotle, Cava is seeing success through culinary innovation, such as the introduction of its popular grilled steak, and the introduction of limited time offerings, such as its garlic pita chips. The company is also leaning into marketing and technology. It launched a new loyalty program in October, and it's looking to embrace AI with its connected kitchen to improve order accuracy and ingredient management. Is Cava a buy? While Cava appears to have all the ingredients to be the next big restaurant stock, its biggest opportunity is expansion. The company ended last quarter with only 352 locations, compared to 3,615 for Chipotle. It is currently looking to grow its restaurant base by at least 17% next year, and has discussed 15% yearly unit growth in the past. This gives it a long runway of future expansion growth. Importantly, the company is free cash flow positive, which allows it to fund its expansion plans without having to tap the debt market. This is important, as is expanding at a measured pace into new markets. The company has been using what it calls a coastal smile expansion strategy and has now slowly branched into the Midwest. With similar RLMs and with AUVs on track to be similar to Chipotle, it's quite easy to imagine the company growing to match Chipotle's current market cap in the next 10 to 15 years when it reaches a similar number of restaurants. That would be equal to about a 6 times increase in its stock price if the share count were to stay the same. While that type of return isn't likely going to set you up for life, it is still an excellent potential return over the next decade. That makes the stock a solid option to consider buying.Check Out These 5 Nasdaq-Listed Multibaggers — One Made Investors 17.56x Richer This Year: Here's What To Expect In 2025

Washington — Rep.-elect Sarah McBride , a Delaware Democrat who is set to become the first transgender member of Congress, characterized a GOP effort to restrict bathroom use as an attempt "to get headlines." "Everything was fine until some members of the small Republican conference majority decided to get headlines and to manufacture a crisis," McBride told CBS News' Scott MacFarlane. The Delaware Democrat told CBS News that she anticipated an effort to "politicize my use of a restroom," and she indicated she had not intended to use multi-stall women's restrooms in the Capitol. But she also said "that is my choice here." "If anyone had thought to ask me about what I was planning on doing, I would've been happy to tell them," McBride said. "But again, this is not an issue. And this has never been an issue in this complex." Weeks after McBride became the first transgender person elected to Congress , a Republican-led effort to restrict restroom use in the Capitol got underway this week. Rep. Nancy Mace, a South Carolina Republican, introduced legislation Monday to change House rules to limit use of single-sex bathrooms in the Capitol complex to those corresponding to users' "biological sex." McBride, who also made history as the first trans person ever elected to a state senate seat, has tended to stay above the fray, stressing that her priority is to work for Delawareans in the House. She told CBS News that she wants people to see her "competence in governing contrast with their chaos." "I would like my grace to contrast with the grandstanding that we're seeing right now." McBride said. "I would like my approach of respecting everyone to contrast with the disrespect that we are seeing right now." Mace's two-page resolution alleges that "allowing biological males" into the facilities "jeopardizes the safety and dignity of Members, officers, and employees of the House who are female" and would task the sergeant-at-arms with enforcing the measure. House Speaker Mike Johnson said Wednesday that he supports restricting the "single-sex facilities" in the Capitol, saying in a statement that the facilities "are reserved for individuals of that biological sex." McBride pledged to follow the rules outlined by Johnson, "even if I disagree with them," while asserting that she didn't run for Congress to "fight about bathrooms." Anti-transgender sentiments have become a rallying cry for some Republicans in recent months, often evoked by President-elect Donald Trump and his allies on the campaign trail and over the airwaves. U.S. House of Representatives Kaia Hubbard is a politics reporter for CBS News Digital, based in Washington, D.C.

If you’ve spent any time in New Jersey or Pennsylvania, you already know that Wawa isn’t just a convenience store, it’s a way of life. Whether you’re grabbing a coffee on your way to work , a hoagie for lunch, or snacks for a road trip, Wawa has a little bit of everything, and somehow, they manage to do it all so well. People around here don’t just like Wawa, they love it. I'm one of Wawa's biggest fans and can seriously eat there every day. So, let’s talk about the food. Wawa is famous for its hoagies, and for good reason. They’re amazing, customizable, and so quick. READ MORE: Steer Clear of Pennsylvania's Most Dangerous Cities for Driving Whether you’re into classic cold cuts, hot subs, or something a little more unique like a quesadilla, there’s always something to satisfy your cravings. Plus, don’t sleep on the sides at Wawa Mac, and cheese, soups, salads and so much more are the perfect snacks or add-ons to your meal. What makes Wawa even better is that it’s a total one-stop shop. Need breakfast? Grab a made-to-order breakfast sandwich. Craving a midday pick-me-up? Their coffee is legendary. Stocking up for a long drive? Their snack selection is Chef’s Kiss . Wawa truly knows how to win hearts with its unbeatable combo of convenience and quality and when it comes to their sandwiches, one in particular reigns supreme. So, what’s the top-ranked sandwich at Wawa? Let’s break it down. What Is The Best Sandwich At Wawa? Philly Mag ranked the sandwiches at Wawa and has named The Gobbler the best sandwich oon the entire menu. If you don't know what it is, it's their limited-time item that comes out around Thanksgiving. It's basically Thanksgiving dinner on a roll and I have to admit, it's amazing. You can also get it in a bowl as well which isn't as good in my opinion because bread always makes everything amazing. Go Back to Early Days of Wawa With Vintage Photos Gallery Credit: Eddie Davis 7 Things That Everyone Who Goes To Wawa KnowsA Tribute to Atal Ji, Statesman Who Shaped India with His vision

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