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super nintendo game console The AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . FORT MYERS, Fla. (AP) — Corey Stephenson had 21 points in CSU Bakersfield’s 68-60 victory over Northeastern at the Homewood Suites Classic tournament in Fort Myers, Florida on Sunday. Stephenson shot 8 of 16 from the field and 5 for 6 from the line for the Roadrunners (4-3). Marvin McGhee shot 4 for 10 (1 for 5 from 3-point range) and 3 of 3 from the free-throw line to add 12 points. McGhee went 3 of 7 from the field (3 for 5 from 3-point range) to finish with 10 points. LA Pratt led the way for the Huskies (5-2) with 15 points and six rebounds. Masai Troutman added 15 points for Northeastern. Harold Woods also had eight points. CSU Bakersfield led Northeastern at the half, 34-29, with McGhee (six points) its high scorer before the break. Stephenson’s layup with 4:08 left in the second half gave CSU Bakersfield the lead for good at 56-54. NEXT UP These two teams both play Saturday. CSU Bakersfield visits Southern Utah and Northeastern visits Vermont. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .NEW YORK (AP) — President-elect Donald Trump’s lawyers formally asked a judge Monday to throw out his hush money criminal conviction, arguing continuing the case would present unconstitutional “disruptions to the institution of the Presidency.“ In a filing made public Tuesday, Trump’s lawyers told Manhattan Judge Juan M. Merchan that dismissal is warranted because of the extraordinary circumstances of his impending return to the White House. “Wrongly continuing proceedings in this failed lawfare case disrupts President Trump’s transition efforts,” the attorneys continued, before citing the “overwhelming national mandate granted to him by the American people on November 5, 2024.” Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but have indicated openness to delaying sentencing until after Trump’s second term ends in 2029. Following Trump’s election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, previously scheduled for late November, to allow the defense and prosecution to weigh in on the future of the case. He also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. Trump has been fighting for months to reverse the conviction, which involved efforts to conceal a $130,000 payment to porn actor Stormy Daniels, whose affair allegations threatened to disrupt his 2016 campaign. He has denied any wrongdoing. Trump takes office Jan. 20. Merchan hasn’t set a timetable for a decision. A dismissal would erase Trump’s historic conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office. Merchan could also decide to uphold the verdict and proceed to sentencing, delay the case until Trump leaves office, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court or choose some other option.

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Suspect in killing UnitedHealthcare CEO rants outside courthouseNEW YORK (AP) — President-elect Donald Trump’s lawyers formally asked a judge Monday to throw out his hush money criminal conviction, arguing continuing the case would present unconstitutional “disruptions to the institution of the Presidency.“ In a filing made public Tuesday, Trump’s lawyers told Manhattan Judge Juan M. Merchan that dismissal is warranted because of the extraordinary circumstances of his impending return to the White House. “Wrongly continuing proceedings in this failed lawfare case disrupts President Trump’s transition efforts,” the attorneys continued, before citing the “overwhelming national mandate granted to him by the American people on November 5, 2024.” Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but have indicated openness to delaying sentencing until after Trump’s second term ends in 2029. Following Trump’s election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, previously scheduled for late November, to allow the defense and prosecution to weigh in on the future of the case. He also delayed a decision on Trump’s to dismiss the case on immunity grounds. Trump has been fighting for months to reverse the conviction, which involved efforts to conceal a $130,000 payment to porn actor Stormy Daniels, whose affair allegations threatened to disrupt his 2016 campaign. He has denied any wrongdoing. Trump takes office Jan. 20. Merchan hasn’t set a timetable for a decision. A dismissal would erase Trump’s historic conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office. Merchan could also decide to uphold the verdict and proceed to sentencing, delay the case until Trump leaves office, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court or choose some other option.What Is Willow, Google’s New Computing Quantum Chip? By recently took a major leap in the technology scene as it unveiled its new computing chip, the . Also called , netizens are now highly curious about what it is and its features. Describing the chip as one of the finest processors ever, Google also mentioned that the Quantum Chip is the product of 10 years of hard work. Here is everything tech enthusiasts need to know about Willow and what are its major advantages as listed by Google. What is Google’s Williow? Willow, Google’s latest Quantum Chip, is a state-of-the-art chip that would help solve complex problems in the least time possible, which the standard computers would take years to solve. Announcing the launch of Willow, Google’s CEO Sundar Pichai took to and shared the news with the world. He wrote, “Introducing Willow, our new state-of-the-art quantum computing chip with a breakthrough that can reduce errors exponentially as we scale up using more qubits, cracking a 30-year challenge in the field.” Pichai further detailed that this Quantum chip can carry out computation within just 5 minutes which would eventually take other computers 10 septillion years to perform. Additionally, in its , Google stated that to check the performance of Willow they used the RCS (random circuit sampling) benchmark. It is the “hardest benchmark” for a quantum computer in today’s time. In the blog, the founder and lead of Google Quantum AI, Hartmut Neven stated, “Willow was fabricated in our new, state-of-the-art fabrication facility in Santa Barbara — one of only a few facilities in the world built from the ground up for this purpose.” Neven also asserted that the number of qubits used enhances the performance of the Quantum Chip. He added, “We published results showing that the more qubits we use in Willow, the more we reduce errors, and the more quantum the system becomes.” Ishita Verma is an SEO contributing writer for ComingSoon. She is passionate about delivering authentic content and holds experience in SEO content writing. Apart from her quest to ensure her content is promising, Ishita is an avid Kdrama and anime watcher. Ishita is a bibliophile and also pursues gaming as one of her favorite pastimes. Share article

The Vancouver Rise have a president, a general manager, logo and colours, a player pool and academy to draw from, a TV deal with TSN and CBC — and now, their first head coach in history. The Northern Super League club — one of six teams in the fledgling Canadian professional women’s soccer league — is set to kick off in spring of 2025, with former Danish international Anja Heiner-Mølle tabbed to lead the team in its inaugural season. The former Vancouver Whitecaps academy coach (2018-2020) returns to the city from Denmark, where the former Danish international played had been coaching the women’s U19 national team. The 46-year-old’s playing and coaching pedigree is one of quality, and her detail-oriented manner, preference for a dynamic and attacking style of soccer, and tactical knowledge put her above the rest of the candidates, said GM Stephanie Labbé. “From the first interview we had with Anja, I could see that our vision and goals really aligned well, along with playing style, the type of football we want to play,” she said, “as well as her experiences in working with a national team, working with a team that’s coming together for the first time, with these players coming from all different environments, and finding a way to build a culture and really get a team of players who have not played together to really click in a short period of time.” Never one to pass on an opportunity, Heiner-Mølle jumped at the chance to return to Vancouver, which she said she loves as much as her home country. “I’ve said ‘Yes’ all the time, and this is the biggest ‘Yes’ I’ve done,” she said. “It’s also the one that I really in my heart feel I’m so lucky to get this opportunity. So of course, yes, please!” There are still many boxes to check before the season begins. They have to flesh out the coaching staff that will run things alongside Heiner-Mølle, come up with a ticketing strategy, secure sponsorships, sign players externally, and announce their initial jersey combination. On the latter note, the team — which has black, teal and gold as the brand colours — is working with sportswear brand Hummel to design the home and away kits, which should be finalized in March. Then there is the minor detail of nailing down a home stadium. Swangard Stadium in Burnaby appears to be the front-runner, where they would be co-tenants alongside the TSS Rovers League 1 team and its women’s arm, although team president Sinead King wasn’t ready to commit to the venerable soccer site. “A stadium continues to be one of my hot topics, and I know everybody is eager to find out where we’re going to be playing,” she said. “We have made a proposal with the City of Burnaby to do a partnership at Swangard Stadium, and that would entail various stadium upgrades if we were to be there. We’re continuing to explore options with other municipalities for alternative stadiums as well, and we’re just making sure that what we land on is appropriate for our 2025 season, and the stadiums are functional for the needs of a professional league and a professional club and professional players coming into market.” “We’re feeling good,” said King. “There’s obviously a lot that has to happen between now and April, but there’s also a lot that has happened already. “I think all of us in the team joke that we wake up at night with a million things in our mind. But who doesn’t, with respect to their work?” The Rise are a distinct and separate brand from the Vancouver Whitecaps, even if Greg Kerfoot is the majority owner of both teams, and the Rise roster will pull heavily from the women’s Whitecaps academy pool. But the complex legacy of women’s pro soccer will always be linked with the women’s Whitecaps, the club that launched now minority owner Christine Sinclair’s professional career, and has been dogged by multiple incidents of player abuse cases . In 2022, former coach Bob Birarda was handed a 16-month prison sentence and eight months of house arrest after pleading guilty to three counts of sexual assault and one count of touching a young person for a sexual purpose, in connection with four players, then teens, whom he coached. And around the time his house arrest was scheduled to end earlier this month, a separate case surrounding former Whitecaps coach Hubert Busby Jr. was also reignited when the Jamaican soccer federation reinstated him as coach of the women’s national team. Busby had been accused of sexual misconduct by a former player, Malloree Enoch , and Busby suspended. But the investigation by FIFA and the federation didn’t involve speaking with Enoch. The statute of limitations on the accusations ran out, and the investigation halted. The Jamaica Football Federation claimed, falsely, that meant Busby had been exonerated . As the Rise try to build their new house on tainted ground, they fully understand there is no extricating themselves from the past. “Yeah, it’s really important that we learn from the mistakes of the past ... to help shape the present and the future and the landscape that we want to be building,” said King. “We’re absolutely cognizant and aware of those things. But equally, this is a new chapter and a new era, so we want to make sure that we’re getting it right. We want to make sure that we’re bringing the right people in who have those values and true to what we’re saying we’re trying to do. “I think it’s a combination of being open to learning about the past, involving the right people today, involving people who were there in the past, who can educate us on what to do and what not to do, and really holding ourselves accountable to being better than we were before. “We will have culture that aligns with a lot of what you see at the Whitecaps, but also a chance for us to build it out with the lens of women’s sports specifically. We’re one of two clubs to have a female head coach in the league. You’ve got myself as president, Steph as sporting director, also young females. So we’re definitely creating a place where we take leaps on people, and we want to see people succeed.”Table Tennis Players in Diaspora Stage Meet for Top Nigeria, Ghana Stars

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CPKC Holiday Train to stop in Southwestern Ontario Sunday nightBy LOLITA C. BALDOR and MATTHEW LEE WASHINGTON (AP) — The United States is expected to announce that it will send $1.25 billion in military assistance to Ukraine, U.S. officials said Friday, as the Biden administration pushes to get as much aid to Kyiv as possible before leaving office on Jan. 20. The large package of aid includes a significant amount of munitions, including for the National Advanced Surface-to-Air Missile Systems and the HAWK air defense system. It also will provide Stinger missiles and 155 mm- and 105 mm artillery rounds, officials said. The officials, who said they expect the announcement to be made on Monday, spoke on condition of anonymity to provide details not yet made public. The new aid comes as Russia has launched a barrage of attacks against Ukraine’s power facilities in recent days, although Ukraine has said it intercepted a significant number of the missiles and drones. Russian and Ukrainian forces are also still in a bitter battle around the Russian border region of Kursk, where Moscow has sent thousands of North Korean troops to help reclaim territory taken by Ukraine. Earlier this month, senior defense officials acknowledged that that the Defense Department may not be able to send all of the remaining $5.6 billion in Pentagon weapons and equipment stocks passed by Congress for Ukraine before President-elect Donald Trump is sworn in. Related Articles National News | Bird flu virus likely mutated within a Louisiana patient, CDC says National News | A 9th telecoms firm has been hit by a massive Chinese espionage campaign, the White House says National News | Court rules Georgia lawmakers can subpoena Fani Willis for information related to her Trump case National News | US homelessness up 18% as affordable housing remains out of reach for many people National News | Most Americans blame insurance profits and denials alongside the killer in UHC CEO death, poll finds Trump has talked about getting some type of negotiated settlement between Ukraine and Russia, and spoken about his relationship with Russian President Vladimir Putin . Many U.S. and European leaders are concerned that it might result in a poor deal for Ukraine and they worry that he won’t provide Ukraine with all the weapons funding approved by Congress. The aid in the new package is in presidential drawdown authority, which allows the Pentagon to take weapons off the shelves and send them quickly to Ukraine. This latest assistance would reduce the remaining amount to about $4.35 billion. Officials have said they hope that an influx of aid will help strengthen Ukraine’s hand, should Zelenskyy decide it’s time to negotiate. One senior defense official said that while the U.S. will continue to provide weapons to Ukraine until Jan. 20, there may well be funds remaining that will be available for the incoming Trump administration to spend. According to the Pentagon, there is also about $1.2 billion remaining in longer-term funding through the Ukraine Security Assistance Initiative, which is used to pay for weapons contracts that would not be delivered for a year or more. Officials have said the administration anticipates releasing all of that money before the end of the calendar year. If the new package is included, the U.S. has provided more than $64 billion in security assistance to Ukraine since Russia invaded in February 2022.

Universal Display Co. ( NASDAQ:OLED – Get Free Report )’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $147.87 and last traded at $147.87, with a volume of 99520 shares trading hands. The stock had previously closed at $150.84. Analyst Ratings Changes Several equities analysts have commented on OLED shares. TD Cowen lowered their price objective on shares of Universal Display from $250.00 to $225.00 and set a “buy” rating for the company in a research report on Thursday, October 31st. Oppenheimer lowered their price target on shares of Universal Display from $240.00 to $220.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Finally, Needham & Company LLC reduced their price objective on Universal Display from $242.00 to $215.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $210.71. Read Our Latest Research Report on Universal Display Universal Display Trading Down 0.8 % Universal Display ( NASDAQ:OLED – Get Free Report ) last issued its quarterly earnings results on Wednesday, October 30th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.21. Universal Display had a return on equity of 15.75% and a net margin of 36.98%. The firm had revenue of $161.63 million during the quarter, compared to analyst estimates of $165.28 million. During the same period last year, the company earned $1.08 EPS. Universal Display’s quarterly revenue was up 14.6% compared to the same quarter last year. On average, equities research analysts forecast that Universal Display Co. will post 4.8 EPS for the current fiscal year. Universal Display Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be given a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $1.60 annualized dividend and a yield of 1.07%. Universal Display’s dividend payout ratio (DPR) is 32.13%. Insiders Place Their Bets In other news, Director Lawrence Lacerte bought 742 shares of the stock in a transaction on Monday, November 4th. The stock was acquired at an average cost of $180.89 per share, for a total transaction of $134,220.38. Following the acquisition, the director now owns 122,372 shares of the company’s stock, valued at $22,135,871.08. This represents a 0.61 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Insiders own 1.90% of the company’s stock. Institutional Investors Weigh In On Universal Display Hedge funds have recently modified their holdings of the business. Assetmark Inc. bought a new position in Universal Display in the third quarter worth approximately $29,000. Brooklyn Investment Group bought a new position in shares of Universal Display in the 3rd quarter worth $30,000. V Square Quantitative Management LLC purchased a new stake in shares of Universal Display during the 3rd quarter worth $31,000. Nisa Investment Advisors LLC boosted its position in Universal Display by 60.2% during the third quarter. Nisa Investment Advisors LLC now owns 173 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 65 shares in the last quarter. Finally, True Wealth Design LLC purchased a new position in Universal Display in the third quarter valued at about $36,000. Hedge funds and other institutional investors own 78.19% of the company’s stock. Universal Display Company Profile ( Get Free Report ) Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications in the United States and internationally. The company offers PHOLED technologies and materials for displays and lighting products under the UniversalPHOLED brand. Read More Receive News & Ratings for Universal Display Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Display and related companies with MarketBeat.com's FREE daily email newsletter .CHENNAI: Chief Minister MK Stalin on Friday inaugurated a new 21-storey Tidel Park established at Pattabiram in Tiruvallur to promote the development of information technology in cities in northern Tamil Nadu. Stalin said that the Tidel Park, along with others, reflects his government's vision of inclusiveness and equitable development for Tamil Nadu. The IT park would help provide employment opportunities to educated youth in Tiruvallur and surrounding districts, and contribute to the socioeconomic progress of the region, the government said. Recalling the late chief minister M Karunanidhi laying the foundation stone for the first Tidel Park in Chennai in 2000, Stalin said, "Today, I proudly inaugurated a towering 21-storey Tidel Park at Avadi (Pattabiram), creating opportunities for 6,000 professionals and boosting growth in northern parts. This iconic structure, along with many other Neo Tidel Parks in tier-II and tier-III cities, reflects the Dravidian Model's vision of inclusive and equitable development for our State." Stalin also issued orders to allot space in the park for Webberax Solutions and Dotnix Technologies LLP. The IT park developed at Rs 330 crore with a built-up area of 5.57 lakh sq ft in Pattabiram is said to be the third largest Tidel Park in the State after the ones in Taramani and Coimbatore. The new Tidel Park developed on 11.41 acres with co-working spaces and business centres has state-of-the-art communication infrastructure, uninterrupted high-tension three-phase electricity supply, an auditorium, and food court besides a vast parking facility that can hold 927 cars and 2,280 bikes. Ministers TM Anbarasan, SM Nasar, and TRB Rajaa, local MLAs and Investment Promotion Secretary V Arun Roy, Tidco and Tidel Park managing director Sandeep Nanduri, and Tiruvallur Collector T Prabhu Sankar also took part in the inauguration.

Aidan O'Connell threw two touchdown passes, Daniel Carlson kicked four field goals, Ameer Abdullah had the first 100-yard rushing game of his career and the visiting Las Vegas Raiders defeated the New Orleans Saints 25-10 on Sunday afternoon. Abdullah, playing in the 141st game of his 10-year career, finished with 115 yards on 20 carries. O'Connell completed 20 of 35 passes for 242 yards as the Raiders (4-12) won their second straight after a 10-game losing streak. Brock Bowers added seven receptions for 77 yards, giving him 1,144 receiving yards, which broke the NFL single-season record for a rookie tight end, set by Mike Ditka with 1,076 yards in 14 games in 1961. Rookie Spencer Rattler passed for 218 yards with a touchdown and two interceptions and fell to 0-5 as the starter for the Saints (5-11). Las Vegas's first possession of the third quarter resulted in Carlson's 54-yard field goal, which increased its lead to 16-10 at the end of the period. Carlson's 25-yard field goal pushed the lead to 19-10 on the third play of the fourth quarter. O'Connell added an 18-yard touchdown pass to Tre Tucker to complete the scoring. The Raiders received the opening kickoff and held the ball for 17 plays before stalling. Carlson kicked a 31-yard field goal and the 3-0 lead held up through the end of the first quarter. On the first play of the second quarter, Rattler threw a 30-yard touchdown pass to former Raiders tight end Foster Moreau and the Saints took a 7-3 lead with their first points in the first half in three games. The ensuing possession ended with Carlson kicking a 39-yard field goal that trimmed the lead to 7-6. O'Connell threw a 3-yard touchdown pass to Jakobi Meyers to give Las Vegas a 13-7 lead with 57 seconds left in the second quarter. Rattler completed 5 of 7 for 54 yards in driving New Orleans to Blake Grupe's 34-yard field goal as time expired that trimmed the lead to 13-10 at halftime. --Field Level Media

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WEST JORDAN, Utah, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Sportsman's Warehouse Holdings, Inc. (“Sportsman's Warehouse” or the “Company”) (Nasdaq: SPWH) today announced third quarter financial results for the thirteen and thirty-nine weeks ended November 2, 2024. “Despite a pressured consumer and complex macroeconomic environment, we focused our efforts on driving sales and achieved growth in our fishing, camping and gift bar categories during the quarter,” said Paul Stone, Sportsman’s Warehouse President and Chief Executive Officer. “We continue to make progress on our business reset initiatives with a focus on improved in-stocks, in-store and online customer experience and our Great Gear | Great Service program.” “To improve our holiday relevancy and drive traffic during the season, we introduced an omni-channel marketing campaign highlighting gear perfect for gifting or for treating yourself, primarily centered around value,” continued Stone. “This is a new approach to engaging our customers, which we coupled with an upgraded store experience creating a fully integrated customer experience. As we move through the balance of the holiday season and navigate a pressured consumer environment, we’ll continue to prioritize traffic-driving marketing and product pricing initiatives, exceptional customer service and prudent inventory management. Emphasizing the balance sheet and ending the year with positive free cash flow remain our primary objectives.” For the thirteen weeks ended November 2, 2024: Net sales were $324.3 million, a decrease of 4.8%, compared to $340.6 million in the third quarter of fiscal year 2023. The net sales decrease was primarily due to the continued impact of consumer inflationary pressures on discretionary spending, resulting in a decline in store traffic and lower demand across most product categories, particularly in ammunition, apparel and footwear. This decrease, however, was partially offset by year-over-year sales growth in our fishing, camping and optics and accessories departments. Same store sales decreased 5.7% during the third quarter of fiscal year 2024, compared to the third quarter of fiscal year 2023, primarily as a result of the impact of consumer inflationary pressures and recessionary concerns on discretionary spending. Gross profit was $103.1 million, or 31.8% of net sales, compared to $103.2 million or 30.3% of net sales in the third quarter of fiscal year 2023. This 150 basis-point increase, as a percentage of net sales, was primarily driven by improved product margins in our apparel and footwear departments, partially offset by increased freight and shrink. Selling, general, and administrative (SG&A) expenses were $100.0 million, or 30.8% of net sales, compared to $100.1 million, or 29.4% of net sales in the third quarter of fiscal year 2023. Net loss was $(0.4) million, compared to a net loss of $(1.3) million in the third quarter of fiscal year 2023. Adjusted net income was $1.4 million, compared to adjusted net loss of $(0.2) million in the third quarter of fiscal year 2023 (see “GAAP and Non-GAAP Financial Measures”). Adjusted EBITDA was $16.4 million, compared to $16.2 million in the third quarter of fiscal year 2023 (see "GAAP and Non-GAAP Financial Measures"). Diluted loss per share was $(0.01), compared to diluted loss per share of $(0.04) in the third quarter of fiscal year 2023. Adjusted diluted earnings per share were $0.04, compared to adjusted diluted loss per share of $(0.01) for the third quarter of fiscal year 2023 (see "GAAP and Non-GAAP Financial Measures"). For the thirty-nine weeks ended November 2, 2024: Net sales were $857.2 million, a decrease of 6.6%, compared to $917.6 million in the first nine months of fiscal year 2023. This net sales decrease was primarily driven by lower demand across most product categories due to current consumer inflationary pressures on discretionary spending. This decrease was partially offset by same store sales growth in our fishing department and the opening of 1 new store since October 28, 2023. Stores that have been open for less than 12 months and were not included in our same store sales, contributed $30.8 million to net sales. Same store sales decreased 9.4% compared to the first nine months of fiscal year 2023, primarily as a result of the same factors noted above that impacted net sales. Gross profit was $266.9 million or 31.1% of net sales, compared to $284.0 million or 31.0% of net sales for the first nine months of fiscal year 2023. This increase, as a percentage of net sales, was primarily due to higher overall product margins, versus last years apparel and footwear clearance events which put pressure on our gross margin, partially offset by increased shrink. SG&A expenses decreased to $288.7 million or 33.6% of net sales, compared with $301.5 million or 32.9% of net sales for the first nine months of fiscal year 2023. This absolute dollar decrease primarily related to our ongoing cost reduction efforts and decision to not open new stores during fiscal year 2024, partially offset by increases in rent and depreciation expenses. The increase as a percentage of net sales was largely due to lower net sales. Net loss was $(24.3) million, compared to net loss of $(20.3) million in the first nine months of fiscal year 2023. Adjusted net loss was $(21.7) million, compared to adjusted net loss of $(16.6) million in the first nine months of fiscal year 2023 (see “GAAP and Non-GAAP Financial Measures”). Adjusted EBITDA was $15.1 million, compared to $19.3 million in the first nine months of fiscal year 2023 (see "GAAP and Non-GAAP Financial Measures"). Diluted loss per share was $(0.65), compared to diluted loss per share of $(0.54) in the first nine months of fiscal year 2023. Adjusted diluted loss per share was $(0.58), compared to adjusted diluted loss per share of $(0.44) in the first nine months of fiscal year 2023 (see "GAAP and Non-GAAP Financial Measures"). Balance sheet and capital allocation highlights as of November 2, 2024: The Company ended the third quarter with net debt of $151.3 million, comprised of $130.0 million of borrowings outstanding under the Company’s revolving credit facility, $24.0 million of net borrowings outstanding under the Company’s term loan facility, and $2.7 million of cash and cash equivalents. Inventory at the end of the third quarter was $438.1 million. Total liquidity was $150.8 million as of the end of the third quarter of fiscal year 2024, comprised of $148.1 million of availability under the Company’s revolving credit facility and term loan facility and $2.7 million of cash and cash equivalents. Company Outlook: “Given the current consumer environment and the shift towards value and promotion-driven shopping, we intensified our marketing and advertising campaigns to drive sales, which placed additional pressure on our margins this quarter,” said Jeff White, Chief Financial Officer of Sportsman’s Warehouse “To ensure strong core product in-stocks and to bring fresh offerings to our stores, we made strategic inventory investments aimed at improving sales during the hunting and holiday seasons. As we progress through the remainder of the year, we will remain disciplined in managing our expenses, and will reduce total inventory levels to generate positive free cash flow. Our mid and long-term objectives will be centered on improving our topline with a focus on margins and profitability.” The Company is adjusting its guidance for fiscal year 2024 and expects net sales to be in the range of $1.18 billion to $1.20 billion, adjusted EBITDA to be in the range of $23 million to $29 million and total inventory to be below $350 million. The low end of the adjusted EBITDA range still assumes positive free cash flow for the full year. The Company now expects capital expenditures for 2024 to be in the range of $17 million to $20 million, primarily consisting of technology investments relating to merchandising and store productivity. No new store openings for the remainder of fiscal year 2024 are currently anticipated and we plan to open one new store in fiscal year 2025. The Company has not reconciled expected adjusted EBITDA for fiscal year 2024 to GAAP net income because the Company does not provide guidance for net (loss) income and is not able to provide a reconciliation to net (loss) income without unreasonable effort. The Company is not able to estimate net (loss) income on a forward-looking basis without unreasonable efforts due to the variability and complexity with respect to the charges excluded from Adjusted EBITDA, including stock-based compensation expense. Conference Call Information A conference call to discuss third quarter 2024 financial results is scheduled for December 10, 2024, at 5:00 PM Eastern Time. The conference call will be held via webcast and may be accessed via the Investor Relations section of the Company’s website at www.sportsmans.com. Non-GAAP Financial Measures This press release includes the following financial measures defined as non-GAAP financial measures by the Securities and Exchange Commission (the “SEC”) and that are not calculated in accordance with U.S. generally accepted accounting principles (“GAAP”): adjusted net (loss) income, adjusted diluted (loss) earnings per share and adjusted EBITDA. The Company defines adjusted net (loss) income as net (loss) income plus expenses incurred relating to director and officer transition costs, costs related to the implementation of our cost reduction plan, costs related to legal settlements and related fees and expenses, and fees and expenses related to a settlement in the cancellation of a contract related to our information technology systems. Net (loss) income is the most comparable GAAP financial measure to adjusted net (loss) income. The Company defines adjusted diluted (loss) earnings per share as adjusted net (loss) income divided by diluted weighted average shares outstanding. Diluted (loss) earnings per share is the most comparable GAAP financial measure to adjusted diluted (loss) earnings per share. The Company defines Adjusted EBITDA as net (loss) income plus interest expense, income tax (benefit) expense, depreciation and amortization, stock-based compensation expense, director and officer transition costs, costs related to the implementation of our cost reduction plan, a legal settlement and related fees and expenses, and fees and expenses related to a settlement in the cancellation of a contract related to our information technology systems. Net (loss) income is the most comparable GAAP financial measure to adjusted EBITDA. The Company has reconciled these non-GAAP financial measures to the most directly comparable GAAP financial measures under “GAAP and Non-GAAP Financial Measures” in this release. As noted above, the Company has not provided a reconciliation of fiscal year 2024 guidance for Adjusted EBITDA, in reliance on the unreasonable efforts exception provided under Item 10(e)(1)(i)(B) of Regulation S-K. The Company believes that these non-GAAP financial measures not only provide its management with comparable financial data for internal financial analysis but also provide meaningful supplemental information to investors and are frequently used by analysts, investors and other interested parties in the evaluation of companies in the Company’s industry. Specifically, these non-GAAP financial measures allow investors to better understand the performance of the Company’s business and facilitate a more meaningful comparison of its diluted (loss) earnings per share and actual results on a period-over-period basis. The Company has provided this information as a means to evaluate the results of its ongoing operations. Management uses this information as additional measurement tools for purposes of business decision-making, including evaluating store performance, developing budgets and managing expenditures. Other companies in the Company’s industry may calculate these items differently than the Company does. Each of these measures is not a measure of performance under GAAP and should not be considered as a substitute for the most directly comparable financial measures prepared in accordance with GAAP. Non-GAAP financial measures have limitations as analytical tools, and investors should not consider them in isolation or as a substitute for analysis of the Company’s results as reported under GAAP. The Company’s management believes that these non-GAAP financial measures allow investors to evaluate the Company’s operating performance and compare its results of operations from period to period on a consistent basis by excluding items that management does not believe are indicative of the Company’s core operating performance. The presentation of such measures, which may include adjustments to exclude unusual or non-recurring items, should not be construed as an inference that the Company’s future results, cash flows or leverage will be unaffected by other unusual or non-recurring items. Forward-Looking Statements This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements in this release include, but are not limited to, statements regarding our progress on our business reset initiatives; our prioritization of traffic-driving marketing and product pricing initiatives, exceptional customer service and prudent inventory management; our emphasis on the balance sheet and ending the year with positive free cash flow; our ability to manage expenses, reduce total inventory levels to generate positive free cash flow; and our guidance for net sales and Adjusted EBITDA for fiscal year 2024. Investors can identify these statements by the fact that they use words such as “aim,” “anticipate,” “assume,” “believe,” “can have,” “could,” “due,” “estimate,” “expect,” “goal,” “intend,” “likely,” “may,” “objective,” “plan,” “positioned,” “potential,” “predict,” “should,” “target,” “will,” “would” and similar terms and phrases. These forward-looking statements are based on current expectations, estimates, forecasts and projections about our business and the industry in which we operate and our management’s beliefs and assumptions. We derive many of our forward-looking statements from our own operating budgets and forecasts, which are based upon many detailed assumptions. While we believe that our assumptions are reasonable, we caution that predicting the impact of known factors is very difficult, and we cannot anticipate all factors that could affect our actual results. The Company cannot assure investors that future developments affecting the Company will be those that it has anticipated. Actual results may differ materially from these expectations due to many factors including, but not limited to: current and future government regulations, in particular regulations relating to the sale of firearms and ammunition, which may impact the supply and demand for the Company’s products and ability to conduct its business; the Company’s retail-based business model which is impacted by general economic and market conditions and economic, market and financial uncertainties that may cause a decline in consumer spending; the Company’s concentration of stores in the Western United States which makes the Company susceptible to adverse conditions in this region, and could affect the Company’s sales and cause the Company’s operating results to suffer; the highly fragmented and competitive industry in which the Company operates and the potential for increased competition; changes in consumer demands, including regional preferences, which we may not be able to identify and respond to in a timely manner; the Company’s entrance into new markets or operations in existing markets, including the Company’s plans to open additional stores in future periods, which may not be successful; the Company’s implementation of a plan to reduce expenses in response to adverse macroeconomic conditions, including an increased focus on financial discipline and rigor throughout the Company’s organization; impact of general macroeconomic conditions, such as labor shortages, inflation, elevated interest rates, economic slowdowns, and recessions or market corrections; and other factors that are set forth in the Company's filings with the SEC, including under the caption “Risk Factors” in the Company’s Form 10-K for the fiscal year ended February 3, 2024, which was filed with the SEC on April 4, 2024, and the Company’s other public filings made with the SEC and available at www.sec.gov. If one or more of these risks or uncertainties materialize, or if any of the Company’s assumptions prove incorrect, the Company’s actual results may vary in material respects from those projected in these forward-looking statements. Any forward-looking statement made by the Company in this release speaks only as of the date on which the Company makes it. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws. About Sportsman's Warehouse Holdings, Inc. Sportsman’s Warehouse Holdings, Inc. is an outdoor specialty retailer focused on meeting the needs of the seasoned outdoor veteran, the first-time participant, and everyone in between. We provide outstanding gear and exceptional service to inspire outdoor memories. For press releases and certain additional information about the Company, visit the Investor Relations section of the Company's website at www.sportsmans.com. Investor Contact: Riley Timmer Vice President, Investor Relations Sportsman’s Warehouse (801) 304-2816 investors@sportsmans.com