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u bet 95 Ramstad: Murder of UnitedHealth exec incites anger — not at the killer, but at him and the company



Syracuse Orange forward Donnie Freeman (1) floats to the rim against the Notre Dame Fighting Irish during an NCAA basketball matchup at Purcell Pavilion Saturday, Dec. 7, 2024, in South Bend, IN. (Scott Schild | sschild@syracuse.com) Scott Schild | sschild@syracuse.com Mike Waters | mwaters@syracuse.com Syracuse, N.Y. ― Syracuse forward Donnie Freeman is not in the Orange’s starting lineup for tonight’s game against Albany at the JMA Wireless Dome. Freeman, a 6-foot-9 freshman, has started the first eight games of the season for the Orange, which takes a 4-4 record into Tuesday’s game. He has averaged 12.8 points and 8.8 rebounds through his first eight college games. Stories by Mike Waters Will Syracuse need to make 3s vs. Albany? Plus, 4 more keys against Great Danes ACC basketball power rankings: How low is Syracuse after 4-4 start to season? Syracuse plagued by poor 3-point shooting in 69-64 loss at Notre Dame With JJ Starling out, why didn’t Donnie Freeman do more in loss to Tennessee? (Mike’s Mailbox)Four people are injured after small plane crashes on Texas highwayALTOONA, Pa. (AP) — The suspect in the killing of UnitedHealthcare’s CEO struggled with deputies and shouted Tuesday while arriving for a court appearance in Pennsylvania, a day after he was arrested at a McDonald’s and charged with murder. Luigi Nicholas Mangione emerged from a patrol car, spun toward reporters and shouted something partly unintelligible referring to an “insult to the intelligence of the American people” while deputies pushed him inside. Prosecutors were beginning to take steps to bring Mangione back to New York to face a murder charge while new details emerged about his life and how he was captured. The 26-year-old Ivy League graduate from a prominent Maryland real estate family was charged with murder hours after he was arrested in the killing of Brian Thompson , who led the United States’ largest medical insurance company. Local defense lawyer Thomas Dickey, who is expected to represent Mangione, declined comment before Tuesday's hearing at the Blair County Courthouse in Hollidaysburg. Mangione likely was motivated by his anger with what he called “parasitic” health insurance companies and a disdain for corporate greed, a law enforcement bulletin obtained by The Associated Press said. He wrote that the U.S. has the most expensive health care system in the world and that profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, based on a review of his hand-written notes and social media posts. Mangione called “Unabomber” Ted Kaczynski a “political revolutionary” and may have found inspiration from the man who carried out a series of bombings while railing against modern society and technology, according to police bulletin. Mangione remained jailed in Pennsylvania, where he was initially charged with possession of an unlicensed firearm, forgery and providing false identification to police. Manhattan prosecutors have obtained an arrest warrant, a step that could help expedite his extradition from Pennsylvania. Mangione was arrested in Altoona, Pennsylvania — about 230 miles (about 370 kilometers) west of New York City — after a McDonald's customer recognized him and notified an employee, authorities said. Officers found him sitting at a back table, wearing a blue medical mask and looking at a laptop, according to a Pennsylvania police criminal complaint. He initially gave them a fake ID, but when an officer asked Mangione whether he’d been to New York recently, he “became quiet and started to shake,” the complaint says. When he pulled his mask down at officers' request, “we knew that was our guy,” rookie Officer Tyler Frye said. Images of Mangione released Tuesday by Pennsylvania State Police showed him pulling down his mask in the corner of the McDonald's while holding what appeared to be hash browns and wearing a winter jacket and beanie. In another photo from a holding cell, he stood unsmiling with rumpled hair. New York Police Commissioner Jessica Tisch said Mangione was carrying a gun like the one used to kill Thompson and the same fake ID the shooter had used to check into a New York hostel, along with a passport and other fraudulent IDs. NYPD Chief of Detectives Joseph Kenny said Mangione also had a three-page, handwritten document that shows “some ill will toward corporate America." A law enforcement official who wasn’t authorized to discuss the investigation publicly and spoke with The Associated Press on condition of anonymity said the document included a line in which Mangione claimed to have acted alone. “To the Feds, I’ll keep this short, because I do respect what you do for our country. To save you a lengthy investigation, I state plainly that I wasn’t working with anyone,” the document said, according to the official. It also had a line that said, “I do apologize for any strife or traumas but it had to be done. Frankly, these parasites simply had it coming.” Pennsylvania prosecutor Peter Weeks said in court that Mangione was found with a passport and $10,000 in cash, $2,000 of it in foreign currency. Mangione disputed the amount. Thompson, 50, was killed Wednesday as he walked alone to a Manhattan hotel for an investor conference. Police quickly came to see the shooting as a targeted attack by a gunman who appeared to wait for Thompson, came up behind him and fired a 9 mm pistol. Investigators have said “delay,” “deny” and “depose” were written on ammunition found near Thompson's body. The words mimic “delay, deny, defend,” a phrase used to criticize the insurance industry . From surveillance video, New York investigators determined the shooter quickly fled fled the city, likely by bus. A grandson of a wealthy, self-made real estate developer and philanthropist, Mangione is a cousin of a current Maryland state legislator. Valedictorian at his elite Baltimore prep school, he went on to earn undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a spokesperson said. “Our family is shocked and devastated by Luigi’s arrest,” Mangione’s family said in a statement posted on social media late Monday by his cousin, Maryland Del. Nino Mangione. “We offer our prayers to the family of Brian Thompson and we ask people to pray for all involved.” From January to June 2022, Luigi Mangione lived at Surfbreak, a “co-living” space at the edge of touristy Waikiki in Honolulu. Like other residents of the shared penthouse catering to remote workers, Mangione underwent a background check, said Josiah Ryan, a spokesperson for owner and founder R.J. Martin. “Luigi was just widely considered to be a great guy. There were no complaints,” Ryan said. "There was no sign that might point to these alleged crimes they’re saying he committed.” At Surfbreak, Martin learned Mangione had severe back pain from childhood that interfered with many aspects of his life, from surfing to romance, Ryan said. “He went surfing with R.J. once but it didn’t work out because of his back," Ryan said, but noted that Mangione and Martin often went together to a rock-climbing gym. Mangione left Surfbreak to get surgery on the mainland, Ryan said, then later returned to Honolulu and rented an apartment. Martin stopped hearing from Mangione six months to a year ago. ___ Scolforo reported from Altoona and Hollidaysburg, Pennsylvania. Contributing were Associated Press writers Cedar Attanasio and Jennifer Peltz in New York; Michael Rubinkam and Maryclaire Dale in Pennsylvania; Lea Skene in Baltimore; and Jennifer Sinco Kelleher in Honolulu.

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By KAITLYN HUAMANI The commencement of the holiday season often means the lengthening of to-do lists. There are lights to hang, cards to mail , cookies to bake and, of course, gifts to buy . Gift exchanges, whether they’re among friends, family or co-workers, can be a fun way to get in the holiday spirit. But can also be another stressor during a busy time of year. Secret Santa exchanges — where participants are assigned a gift recipient and tasked with finding them a perfect present within a price limit — sometimes mean that those in friend groups are paired with “frenemies,” someone inevitably draws themselves, or colleagues who are virtually strangers are matched up. Those possible pitfalls inspired Peter Imburg to create Elfster , a free online Secret Santa organizer, after he saw the time and effort it took to coordinate the logistics of a gift exchange with his family over 20 years ago. More top-down organization, he says, helps things run more smoothly. Say goodbye to picking names from a hat Elfster, for instance, creates pairings, asks for wish lists, offers gift suggestions at different price points and sends reminders, among other features meant to make the organizational hurdles of a gift exchange less daunting. “The organizer is like the hero. They make it all happen,” Imburg said, adding that his site aims “to make it a lot easier for the organizer to do that with a minimal amount of effort.” Reliable gift ideas Cameron Rogers, a New Jersey-based social media content creator and podcast host on wellness and motherhood, understands the stress that gift exchanges can bring up. “Having to give generic gifts to people I’m not necessarily close with is extremely difficult,” Rogers said. “I can pick a good gift for my husband or my kids or my mom, but for people who I don’t know the ins and outs of their lives, I think it’s hard to pick something that you know they’re actually going to enjoy.” Related Articles Health | Researchers launch “moonshot” to cure blindness through eye transplants Health | California halts the sales of raw milk due to bird flu virus contamination Health | Nursing homes fell behind on vaccinating patients for COVID Health | A twice-yearly shot could help end AIDS. But will it get to everyone who needs it? Health | States poised to end coverage for millions if Trump cuts Medicaid funding She recently shared a guide to Secret Santa gifts under $50 on her social media channels, emphasizing how challenging it can be to find something within a set price range that will be well-received. Gifts with a specific purpose — kitchen gadgets, home items or winter gear — and gifts that have a personalized aspect like a monogram are good go-to options for anyone feeling lost after receiving their Secret Santa assignment, she said. Imburg said the “gift gurus” at Elfster also have suggestions, especially for recipients who aren’t offering any clues as to what they’d like. In a similar vein as Rogers, the Elfster team offered ideas for some practical gifts, like water bottles, blankets and massage guns. Other no-nonsense home and kitchen items, like food storage containers, charging stations and more are featured on the site’s “Top Trending Gift Ideas for 2024” list. Gift cards, although they are not particularly glamorous, are an essentially foolproof option, Rogers said, and they won’t leave your recipient wondering where they’ll find room on their shelf for another mug or book. “I don’t want to give someone something solely to check a box,” Rogers said. “I want them to enjoy it, instead of being like, ‘What do I do with this now?’” Embrace Secret Santa as a stress reliever, instead Some gift-givers find that Secret Santa (and its many counterparts like White Elephant and Yankee Swap) actually cuts down on stress and spending, as it’s often done in place of giving individual presents to each member of a group. Nicole Troiano of Cranston, Rhode Island, finds them to be a fun way to handle holidays with large groups — even if co-workers may need to ask around to get specifics on their assigned person. “It’s fun to do it that way and think about something that would be good for that person,” she said. “And then, when they open it, they’re like, ‘Oh my God!’” By the weekend after Thanksgiving, Troiano had already purchased and wrapped her gift for the exchange she’s taking part in this year. After her swap, a lucky participant will be the new owner of a cutting board, two bottles of wine wearing bottle-size ugly sweaters, and gourmet chocolates.

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PHILADELPHIA (AP) — Saquon Barkley wanted to be a student in team history before he had a chance to make some with the Eagles. The running back who had just signed with Philadelphia for $26 million guaranteed took a deep dive on some of the franchise’s greats out of the backfield. He learned about Wilbert Montgomery. Brushed up on LeSean McCoy. Barkley then put them in his sights — and this week against Carolina, he could become the top single-season rusher in Eagles history. Get past those two Eagles Hall of Famers and the target narrows: McCoy has a chance to break Eric Dickerson's NFL single-season rushing mark of 2,105 yards, set in 1984. “That's your goal,” Barkley said. “You want to come in here, you want to leave a legacy on a place, on a franchise.” Here's where things stand with Barkley in his pursuit of records: — Barkley has an NFL-best 1,499 yards rushing through 12 games, an average of 124.9 yards per game. At that pace and with one more game to play than Dickerson, he would surpass the NFL mark that's stood for 40 years. — Barkley needs to run for 108 yards against the Panthers to break McCoy's Eagles record of 1,607 yards set in 2013. Montgomery ran for 1,512 yards in 1978. “I'm aware of the things I can accomplish,” Barkley said. “The way I accomplish that is sticking to the script.” The Eagles (10-2) have won eight straight to take control of the NFC East and remain in the hunt for the No. 1 seed in the conference. Barkley — with a little help from Jalen Hurts — has largely led the way and moved into MVP consideration. The former New York Giant also ranks third in the league with 11 rushing touchdowns. It's reasonable to expect Barkley to pile on the yards against Carolina (3-9). The Panthers are 32nd in the league against the run and just allowed Tampa Bay's Bucky Irving to run for a career-high 152 yards last week (he had never broken 100). “It’s incredible what he is doing. The record has stood up for a while. I mean 17 games or 14 games, it’s ridiculous,” Panthers defensive lineman Shy Tuttle said. “It’s a record that has been held for a long time and whoever breaks it, Saquon or someone else, it’s an incredible achievement.” Barkley leads the NFL with four rushing touchdowns of 25-plus yards this season and tied Montgomery for the most 100-yards games in an Eagles season with eight. “You get to see the player on Sundays. We get to see the person every other day during the week,” offensive coordinator Kellen Moore said. “He’s special. At the end of the day, he’s a special teammate, special person. The way he connects with everyone, rallies everyone together. He’s one of the best.” Panthers running back Chuba Hubbard is eager to get back on the field and put last week behind him. Story continues below video Carolina’s leading rusher had a costly fumble in overtime last Sunday against Tampa Bay as the Panthers were driving for a potential game-winning field goal, resulting in a 26-23 loss to division rival Tampa Bay. A dejected Hubbard remained on the bench for several minutes after the loss. “You definitely use it as motivation,” Hubbard said. “I have come a long way and I know what it’s like to play great football. That was a big mistake on my end, but I don’t just lose all of the work I have put in because of that one mistake.” Bryce Young is beginning to show he can be a factor with his legs, scoring on a 10-yard run last week against the Buccaneers. However, Young still receives plenty of good-natured ribbing from his teammates when it comes to his sliding ability, which the QB has previously admitted is limited because he wasn’t much of a baseball player. “He definitely has to work on his slide,” Hubbard said. “He has been making people miss so he hasn’t had to slide like that a lot. I mean I’m not trying to hate on my dog’s slide but it’s just a work in progress. He will be all right.” Panthers guard Robert Hunt said it’s always interesting playing in Philadelphia because of the team’s passionate fan base. Last year, while Hunt was playing for the Dolphins, he said an Eagles fan attempted to board the Miami team bus. “They have some characters there — some people who don’t really give a damn,” Hunt said. “He was trying to trash-talk us. But he was confident and that is what makes them them.” Hunt said the fan never made it on the bus. “Aw hell no, we would have stomped that boy,” Hunt said with a laugh. “He tried. He was talking his noise. Good for him. I don’t want to say you want a fan base like that, but you want a fan base that cares about the team.” AP Sports Writer Steve Reed in Charlotte, North Carolina, contributed to this report. AP NFL: https://apnews.com/NFLLaval Rouge et Or win Vanier Cup with 22-17 victory over Wilfrid Laurier Golden Hawks

Scottsdale, Arizona, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Hosted at the prestigious Fairmont Princess in Scottsdale, this year's MedSpa Pro Meeting brought together pacesetting voices in medical aesthetics under the guidance of industry pioneers and co-chairs Barry DiBernardo, MD, Jason Pozner, MD, and Joseph Russo, MD. Over three intensive days, participants immersed themselves in a wealth of cutting-edge, comprehensive content that spanned advanced injection techniques, emerging technologies, and business management strategies. Program highlights included an exclusive Head-to-Head Anatomy Masterclass led by preeminent anatomist Sebastian Cotofana, MD, PhD, and an innovative Weight Loss Track spearheaded by Johnny Franco, MD. Complementing these sessions, expertise-driven curricula featured a dedicated Aesthetician Track and Master Injector Live Injection Program. Beyond the core curriculum, expert-led panel discussions explored today's most pressing aesthetic medicine topics while market-leading brands showcased game-changing products and services in the exhibition space. Together, these experiences equipped participants with fresh perspectives, practical insights, valuable partnerships, and lasting connections, empowering them to elevate their clinical and personal success. MedSpa Pro's rebranding represents expanding pathways for advancing this booming specialty. "As we embrace the next chapter in aesthetic medicine, we are excited to unveil our new identity as MedSpa Pro," stated Doreen Brown, CEO of Informa Connect Medical Division. "This evolution reflects our commitment to keeping pace with our ever-evolving industry and serving our expanding community through gold-standard training and unmatched networking opportunities." MedSpa Pro's refined brand identity will roll out in the coming months as the company prepares for a breakthrough 2025. Among exciting new initiatives, next year introduces specialized training opportunities led by the distinguished Dr. Russo and fellow acclaimed experts, strengthening the organization's position as the foremost resource in medical aesthetics. Aesthetic medicine providers, medical spa professionals, and industry stakeholders can mark their calendars for the 3rd Annual MedSpa Pro Meeting, set to take place at the iconic Boca Raton resort in November 2025. Further details about upcoming programs will be announced soon; in the meantime, please visit MedSpa Pro's LinkedIn profile for updates. ### MedSpa Pro serves as the leading educational platform for medical aesthetics professionals, delivering targeted education, tailored training, and strategic networking opportunities across the industry. Through its premier conference and progressive initiatives, the organization connects enterprising practitioners with renowned experts to advance excellence in aesthetic medicine. MedSpa Pro is part of the Informa Connect Medical Division, a global force in medical education across the entire healthcare ecosystem. Aly Vazquez MedSpa Pro aly.vazquez@informa.comMinnesota is about to embark on an intense, high-stakes experiment in forced bipartisanship. The North Star State could show a way forward for a closely divided U.S. Congress — if politicians in D.C. pay attention. Minnesota came out of the 2024 election with a statehouse that slid from solid Democratic control to one divided improbably between 67 Democrats and 67 Republicans. Democrats retained their one-vote majority in the state Senate. Democratic Gov. Tim Walz returns from his short-lived run as a vice-presidential nominee to govern a more polarized state with a far more emboldened GOP. ADVERTISEMENT The Democrats’ 2022 trifecta — the unexpected result of a blue wave at the midterms — is about to be replaced by a uniquely hard-to-govern “tie-fecta.” In such a scenario, the smallest detail becomes an awkward negotiation. The house will be governed by not one but two speakers: one Republican and one Democrat. Committee assignments, chairs, rules, and agendas all will require a delicate dance by antagonists dedicated to one another’s defeat. Bipartisanship is a muscle many state legislators are unaccustomed to flexing. The 2024 elections delivered 38 statehouse trifectas. An astonishing 82% of people now live in states governed largely by a single party. That phenomenon — and its disadvantages — was explored in a deep dive by my Bloomberg Opinion colleagues Mary Ellen Klas and Carolyn Silverman, who found the one-party dynamic suppresses competitive elections, discourages voter engagement and too often enables the ruling party to ignore voters outside their base. But of course, it can also make for some speedy legislating. Democrats in Minnesota took full advantage of their unity after 2022, ramming through a transformative agenda that reflected years of pent-up progressive demand. A partial list includes paid family and medical leave, expanding state-subsidized health insurance to more families on a sliding scale and to undocumented immigrants, free breakfast and lunch in public schools, shield laws for transgender youth traveling to Minnesota for gender-affirming care, increased child tax credits, and some of the strongest protections in the country for abortion rights. Compromises that might have given opponents a stake in Democratic bills were often passed over, lest the proposals get watered down. That made for great bragging rights on the campaign trail, but may also have triggered anger among too many voters. Now comes the aftermath: a statehouse where no one is in control. ADVERTISEMENT “It’s essentially a circular firing squad,” said former Democratic Majority Leader Ryan Winkler, who left the Minnesota Legislature in January 2023. “The only way it proceeds now is if everyone keeps their guns down and proceeds together.” One possible outcome is that Minnesota Republicans will demand some degree of retreat from the Democrats’ progressive victories. That may be the inevitable downside of proposals crafted by one party alone. Such reversals have become familiar in Washington, D.C. President Joe Biden spent the first week of his term issuing dozens of executive orders and memoranda on a broad range of issues whose common theme was undoing much of what his predecessor had done. Now that President-elect Donald Trump is about to start a second term, he is expected to return the favor, nullifying what he can of Biden’s legacy. This kind of whipsawing generates a tremendous amount of uncertainty. It’s infinitely harder for two sides to work out an enduring compromise that takes the best ideas from both. (And yes, both sides occasionally have good ideas.) But it does produce better outcomes — and more long-term stability. Craig Volden, professor of public policy and politics at the University of Virginia’s Frank Batten School of Leadership and Public Policy, noted recently that all-or-nothing policy proposals have a poor track record. He cited a study from the University of Chicago that examined bipartisanship in Congress from 1973 to 2016. It found that “bipartisanship unambiguously helps individual lawmakers who seek to advance their policy goals.” Bills with broader support are more likely to be enacted. “Lawmakers who recognize this and do the hard work to form broader coalitions,” Volden said, “have been finding much greater success. They offer a blueprint for constructive lawmaking that forms the bedrock of a healthy democracy.” ADVERTISEMENT So, what lessons can Minnesota offer? Can such bipartisanship be forced? It’s possible. Minnesota is fortunate to have two low-key, hardworking women leading their respective parties in the House. Democrat Melissa Hortman and Republican Lisa Demuth, the speaker-designates, are respected within their caucuses, even-handed in their treatment of others, and not given to grandstanding. Beyond that, it’s possible to create rules that encourage working together, such as requiring bills to have a certain percentage of bipartisan committee votes before advancing. Then there are the lessons from the election itself. Republicans in the state, and nationwide, find themselves with a coalition that, for now, includes far more of the working class and minorities than before. In theory, that should make them more receptive to priorities in those communities. Democrats may have tested the limits of certain progressive causes and may need to reframe or scale back to broaden their party’s appeal. It's hard — even impossible — to envision Trump’s second term ushering in a new era of bipartisanship. But the GOP has slim margins in both the House and Senate and even a handful of moderate Republicans could check Trump’s most extreme ideas. If Republicans want Trump’s coalition to outlast Trump, they’ll listen to those moderate voices — and keep an eye on Minnesota. Patricia Lopez is a Bloomberg Opinion columnist covering politics and policy. This column does not necessarily reflect the opinion of the Bloomberg editorial board or Bloomberg LP and its owners. ADVERTISEMENT

CHILLIWACK, B.C. — Dan Coulter, a former member of British Columbia's legislature and a New Democrat cabinet minister, has died at age 49. The BC New Democratic Party says in a statement that Coulter was a "devoted advocate" for the people of B.C. The party says Coulter "always championed the underdog," citing his work in the legislature after his election in Chilliwack in 2020, his former role of chair of the Chilliwack school board and as the Parliamentary secretary for accessibility and minister of state for infrastructure and transit. The party's provincial director Heather Stoutenburg said last week in a statement that Coulter had "experienced a serious medical emergency" and was being treated in hospital. The party says a private service will be held for Coulter on Saturday and a local public service will be held in Chilliwack on Jan. 11. The party says that Coulter, who lost his bid for re-election in the October provincial election, was "the very best of us," and it extends its "deepest condolences to his family, friends and everyone who had the privilege of knowing and working with him." It says that instead of flowers, his family has asked that donations go to the Chilliwack Restorative Justice and Youth Advocacy Association, Chilliwack Bowls of Hope Society, and the BC SPCA. "To those of us who knew him, Dan was so much more than a colleague — he was a friend and a mentor," the statement says. "He was smart, funny, thoughtful and honest. But above all things, he was kind." Premier David Eby is echoing that sentiment on social media, saying the province has lost an "incredible advocate and a fighter for justice." "He was so happy to be part of a movement to make this province better for everyone," Eby says of Coulter. "Even at such a young age, Dan leaves behind a proud legacy of standing up for workers, the people of Chilliwack, and people across B.C." This report by The Canadian Press was first published Dec. 13, 2024. The Canadian Press

Sheriff: Shooter had severe mental health issues; appointment with school was a ruseScottsdale, Arizona, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Hosted at the prestigious Fairmont Princess in Scottsdale, this year's MedSpa Pro Meeting brought together pacesetting voices in medical aesthetics under the guidance of industry pioneers and co-chairs Barry DiBernardo, MD, Jason Pozner, MD, and Joseph Russo, MD. Over three intensive days, participants immersed themselves in a wealth of cutting-edge, comprehensive content that spanned advanced injection techniques, emerging technologies, and business management strategies. Program highlights included an exclusive Head-to-Head Anatomy Masterclass led by preeminent anatomist Sebastian Cotofana, MD, PhD, and an innovative Weight Loss Track spearheaded by Johnny Franco, MD. Complementing these sessions, expertise-driven curricula featured a dedicated Aesthetician Track and Master Injector Live Injection Program. Beyond the core curriculum, expert-led panel discussions explored today's most pressing aesthetic medicine topics while market-leading brands showcased game-changing products and services in the exhibition space. Together, these experiences equipped participants with fresh perspectives, practical insights, valuable partnerships, and lasting connections, empowering them to elevate their clinical and personal success. MedSpa Pro's rebranding represents expanding pathways for advancing this booming specialty. "As we embrace the next chapter in aesthetic medicine, we are excited to unveil our new identity as MedSpa Pro," stated Doreen Brown, CEO of Informa Connect Medical Division. "This evolution reflects our commitment to keeping pace with our ever-evolving industry and serving our expanding community through gold-standard training and unmatched networking opportunities." MedSpa Pro's refined brand identity will roll out in the coming months as the company prepares for a breakthrough 2025. Among exciting new initiatives, next year introduces specialized training opportunities led by the distinguished Dr. Russo and fellow acclaimed experts, strengthening the organization's position as the foremost resource in medical aesthetics. Aesthetic medicine providers, medical spa professionals, and industry stakeholders can mark their calendars for the 3rd Annual MedSpa Pro Meeting, set to take place at the iconic Boca Raton resort in November 2025. Further details about upcoming programs will be announced soon; in the meantime, please visit MedSpa Pro's LinkedIn profile for updates. ### MedSpa Pro serves as the leading educational platform for medical aesthetics professionals, delivering targeted education, tailored training, and strategic networking opportunities across the industry. Through its premier conference and progressive initiatives, the organization connects enterprising practitioners with renowned experts to advance excellence in aesthetic medicine. MedSpa Pro is part of the Informa Connect Medical Division, a global force in medical education across the entire healthcare ecosystem. Aly Vazquez MedSpa Pro aly.vazquez@informa.comOn paper, Luigi Mangione had it all: wealth, intellect, athleticism, good looks. But the child of a prominent Maryland family may have spurned it all in a spasm of violence, in a killing that has mesmerized Americans. The 26-year-old was arrested Monday and charged with the murder of Brian Thompson, a health insurance chief executive and father of two who was gunned down in Manhattan last week by someone who, evidence suggests, has endured his own debilitating health crises and grew angry with the privatized US medical system. The cold-blooded killing has laid bare the deep frustration many Americans feel toward the country's labyrinthine health care system: while many have condemned the shooting, others have praised Mangione as a hero. It has also prompted considerable interest in how a young engineer with an Ivy League education could have gone off the rails to commit murder. News of his capture at a Pennsylvania McDonald's triggered an explosion of online activity, with Mangione quickly amassing new followers on social media as citizen sleuths and US media tried to understand who he is. As Americans have looked for clues about a political ideology or potential motive, a photo on his X account (formerly Twitter) includes an X-ray of an apparently injured spine. Mangione lived in Hawaii in 2022 and, according to his former roommate R.J. Martin, suffered from back pain, and was hoping to strengthen his back. After a surfing lesson, Mangione was "in bed for about a week" because of the pain, Martin told CNN. Earlier this year, Martin said, Mangione confirmed he'd had back surgery and sent him photos of the X-rays. Police said the suspect carried a hand-written manifesto of grievances in which he slammed America's "most expensive health care system in the world." "He was writing a lot about his disdain for corporate America and in particular the health care industry," New York police chief detective Joseph Kenny told ABC. According to CNN, a document recovered when Mangione was arrested included the phrase "these parasites had it coming." Meanwhile, memes and jokes proliferated, many riffing on his first name and comparing him to the "Mario Bros." video game character Luigi. Many expressed at least partial sympathy, having had their own harrowing experiences with the US health care system. "Godspeed. Please know that we all hear you," wrote one user on Facebook. Mangione hails from the Baltimore area. His wealthy Italian-American family owns local businesses, including the Hayfields Country Club, according to local outlet the Baltimore Banner, and cousin Nino Mangione is a Maryland state delegate. A standout student, Luigi graduated at the top of his high school class in 2016. A former student who knew Mangione at the elite Gilman School told AFP the suspect struck him as "a normal guy, nice kid." "There was nothing about him that was off, at least from my perception," the person said. Mangione attended the prestigious University of Pennsylvania, where he completed both a bachelor's and master's degree in computer science by 2020, according to a university spokesperson. While at Penn, Mangione co-led a group of 60 undergraduates who collaborated on video game projects, as noted in a now-deleted university webpage. On Instagram Mangione shared snapshots of his travels, and shirtless images of himself flaunting a six-pack. X users have scoured Mangione's posts for potential motives. His header photo includes an X-ray of a spine with bolts attached. Finding a political ideology that fits neatly onto the right-left divide has proved elusive, though he had written a review of Ted Kaczynski's manifesto on online site Goodreads, calling it "prescient." Kaczynski, known as the Unabomber, carried out multiple bombings in the United States from 1978 to 1995, in a campaign he said was aimed at halting the advance of modern society and technology. Mangione has also linked approvingly to posts criticizing secularism as a harmful consequence of Christianity's decline, and retweeted posts on the impact mobile phones and social media have on mental health. ia/abo-mlm/nro Get any of our free email newsletters — news headlines, sports, arts & entertainment, state legislature, CFD news, and more.

보스턴, Dec. 11, 2024 (GLOBE NEWSWIRE) -- 손해보험(P&C) 및 일반 보험의 미래를 주도해가는 지능형 솔루션 제공업체인 Duck Creek Technologies (이하 Duck Creek)가 회사 및 고객을 위한 혁신과 성장에 더욱 속도를 내기 위해 베테랑급 임원 3명을 글로벌 고위 경영진에 임명했다. 새로 선임된 임원들은 북미 영업 담당 수석 부사장인 William Magowan, 유럽•중동•아프리카 지역 (EMEA) 담당 매니징 디렉터인 Elodie Hilderal, 아시아태평양 지역 담당 매니징 디렉터인 Christian Erickson이다. 신규 임원들은 보다 큰 조직과 협력해 사업 확장과 매출 성장에 필요한 새로운 기회를 창출하는 한편 전 세계 Duck Creek 고객과 파트너를 대상으로 세계적 수준의 경험을 제공하는데 주력하게 된다. William과 Elodie, Christian은 Duck Creek을 비롯해 다양한 곳에서 풍부한 보험관련 기술 경력을 보유하고 있다: William Magowan 은 보험 기술 업계에서 20년 동안 영업 책임자로 활동한 경력을 바탕으로 북미 영업 담당 수석 부사장 을 맡으며 Duck Creek에 재합류했다. 그는 우수 실적을 보인 영업팀을 육성하고 이를 진두지휘하며 제품 혁신을 주도했으며, 검증된 고객 가치를 제공하는 데 있어 탁월한 성과를 보였다. Elodie Hilderal 은 Duck Creek 영업 부사장으로 성공적인 역할을 수행한 후 EMEA 지역 매니징 디렉터 로 임명되었다. Elodie 디렉터는 보험 및 재보험 엔터프라이즈 소프트웨어 업계에서 15년 동안 영업, 전문 서비스, 고객 성공 분야에서 리더십 역할을 수행해 온 탁월한 리더로, 보험 및 재보험 업계에서 탄탄한 경력을 구축한 인물이다. Christian Erickson 은 25년 이상 엔터프라이즈 소프트웨어, 클라우드, 사이버 보안, 전문 서비스 분야에서 쌓은 경험을 바탕으로 아태지역 매니징 디렉터 를 맡게 되었다. Duck Creek에 합류하기 전에는 Cognizant와 Accenture를 비롯한 여러 회사에서 금융 서비스 및 보험 부문의 총괄 매니저를 역임하며 성장, 고객 성공, 전문 서비스 부문을 담당했다. Duck Creek Technologies의 Mike Jackowski CEO는 “William과 Elodie, Christian 이렇게 신규 임명 세 명을 선임한 것은 Duck Creek에 있어 중요한 순간이다. 이들의 리더십 역량과 업계 전문성을 바탕으로 2025년에는 전례 없는 수준의 성장을 이루고 전 세계로 사업 영역을 확장할 수 있을 것으로 기대된다"라고 밝혔다. 그는 또 “Duck Creek은 보험 기술 분야를 선도하는 기업으로서, 고객들은 우리가 구축하는 솔루션부터 제공하는 고객 경험에 이르기까지 우수성의 표준을 정립하기를 기대하고 있다. 세 명의 임원 모두 보험사와 보험 계약자의 지속적인 이익을 위해 Duck Creek이 업계를 지속적으로 선도할 수 있도록 배경과 노하우, 입증된 성공 경험을 갖추고 있다”고 설명했다. Duck Creek Technologies 소개 Duck Creek Technologies는 재산 및 손해(P&C), 일반 보험 산업의 미래를 주도할 지능형 솔루션을 공급한다. 당사는 최신 보험 시스템 구축의 기반이 되는 플랫폼으로 업계가 클라우드를 활용해 민첩성을 가지고 지능형 방식으로 원활하게 사업을 운영할 수 있도록 지원한다. 진정성, 목적성, 투명성을 핵심 가치로 삼는 Duck Creek은 개인과 기업이 가장 필요로 하는 시기, 장소, 방법을 통해 보험을 이용할 수 있어야 한다고 믿는다. 시장을 선도하는 당사의 솔루션은 독립형 또는 전체 제품군 으로 제공되며, Duck Creek OnDemand 를 통해 이용할 수 있다. 자세한 정보는 회사 홈페이지 www.duckcreek.com 에서 확인하세요. 소셜 채널인 – LinkedIn 과 X 에서 Duck Creek을 팔로우해 최신 정보 확인도 가능합니다. 언론 연락처 정보: Marianne Dempsey/Tara Stred duckcreek@threeringsinc.com

ST. HELENA, Calif.--(BUSINESS WIRE)--Dec 5, 2024-- The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) today reported its financial results for the three months ended October 31, 2024. First Quarter 2025 Highlights “We are pleased to begin fiscal 2025 with strong financial performance. Our growth continues to outpace the industry as our teams remain focused on advancing our strategic initiatives,” said Deirdre Mahlan, President, CEO and Chairperson. “We believe our distinctive brands, operational excellence and market-leading performance leave us well positioned to deliver long-term growth and profitability.” First Quarter 2025 Results Three months ended October 31, 2024 2023 Net sales growth (decline) 19.9 % (5.2 )% Volume contribution 24.7 % (3.4 )% Price / mix contribution (4.8 )% (1.8 )% Three months ended October 31, 2024 2023 Wholesale – Distributors 79.3 % 77.0 % Wholesale – California direct to trade 13.9 15.6 DTC 6.8 7.4 Net sales 100.0 % 100.0 % Net sales were $122.9 million, an increase of $20.4 million, or 19.9%, versus $102.5 million in the prior year period. The increase was driven primarily by the addition of Sonoma-Cutrer, partially offset by a lower price / mix contribution. Gross profit was $61.5 million, an increase of $7.6 million, or 14.2%, versus the prior year period. Gross profit margin was 50.0%, a decline of 250 basis points versus the prior year period. Adjusted gross profit was $63.8 million, an increase of $10.6 million or 19.8% versus the prior year period, reflecting higher net sales with the addition of Sonoma-Cutrer. Adjusted gross profit margin was 51.9% a decline of 10 basis points versus the prior year, as a result of an increase in cost of goods. Total selling, general and administrative expenses were $40.8 million, an increase of $10.3 million, or 33.8%, versus $30.5 million in the prior year period. Adjusted selling, general and administrative expenses were $23.9 million, an increase of $1.3 million, or 5.8%, versus $22.6 million in the prior year period, and a decrease of 260 basis points as a percentage of net sales. Net income was $11.2 million, or $0.08 per diluted share, versus $15.5 million, or $0.13 per diluted share, in the prior year period. Adjusted net income was $23.8 million, or $0.16 per diluted share, versus $17.2 million, or $0.14 per diluted share, in the prior year period. Adjusted EBITDA was $48.6 million, an increase of $13.9 million, or 39.9%, versus $34.7 million in the prior year period. This increase was driven primarily by an increase in net sales associated with the addition of Sonoma-Cutrer and ongoing operating cost controls that resulted in slower growth of adjusted selling, general and administrative expenses as a percentage of net sales. As a result, adjusted EBITDA margin improved 560 basis points versus the prior year period. Conference Call and Webcast The Company will no longer host its earnings conference call and webcast. About The Duckhorn Portfolio, Inc. The Duckhorn Portfolio is North America’s premier luxury wine company, with eleven wineries, ten state-of-the-art winemaking facilities, eight tasting rooms and over 2,200 coveted acres of vineyards spanning 38 Estate properties. Established in 1976, when vintners Dan and Margaret Duckhorn founded Napa Valley’s Duckhorn Vineyards, today, our portfolio features some of North America’s most revered wineries, including Duckhorn Vineyards, Decoy, Sonoma-Cutrer, Kosta Browne, Goldeneye, Paraduxx, Calera, Migration, Postmark, Canvasback and Greenwing. Sourcing grapes from our own Estate vineyards and fine growers in Napa Valley, Sonoma County, Anderson Valley, California’s North and Central coasts, Oregon and Washington State, we offer a curated and comprehensive portfolio of acclaimed luxury wines with price points ranging from $20 to $230 across more than 15 varietals. Our wines are available throughout the United States, on five continents, and in more than 50 countries around the world. To learn more, visit us at: https:// www.duckhornportfolio.com/ . Investors can access information on our investor relations website at: https://ir.duckhorn.com . Use of Non-GAAP Financial Information In addition to the Company’s results, which are determined in accordance with generally accepted accounting principles in the United States (“GAAP”), the Company believes the following non-GAAP measures presented in this press release and discussed on the related teleconference call are useful in evaluating its operating performance: adjusted gross profit, adjusted selling, general and administrative expenses, adjusted EBITDA, adjusted net income and adjusted EPS. Certain of these non-GAAP measures exclude depreciation and amortization, non-cash equity-based compensation expense, purchase accounting adjustments, casualty losses or gains, impairment losses, inventory write-downs, changes in the fair value of derivatives, and certain other items, net of the tax effects of all such adjustments, which are not related to the Company’s core operating performance. The Company believes that these non-GAAP financial measures are provided to enhance the reader’s understanding of our past financial performance and our prospects for the future. The Company’s management team uses these non-GAAP financial measures to evaluate business performance in comparison to budgets, forecasts and prior period financial results. The non-GAAP financial information is presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with GAAP, and may be different from similarly titled non-GAAP measures used by other companies. A reconciliation is provided herein for each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. Readers are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures. Forward-Looking Statements This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. These forward-looking statements address various matters including statements regarding the timing or nature of future operating or financial performance or other events. For example, all statements The Duckhorn Portfolio makes relating to its estimated and projected financial results or its plans and objectives for future operations, growth initiatives or strategies are forward-looking statements. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to manage the growth of its business; the Company’s reliance on its brand name, reputation and product quality; the effectiveness of the Company’s marketing and advertising programs, including the consumer reception of the launch and expansion of our product offerings; general competitive conditions, including actions the Company’s competitors may take to grow their businesses; overall decline in the health of the economy and the impact of inflation on consumer discretionary spending and consumer demand for wine; the occurrence of severe weather events (including fires, floods and earthquakes), catastrophic health events, natural or man-made disasters, social and political conditions, war or civil unrest; risks associated with disruptions in the Company’s supply chain for grapes and raw and processed materials, including corks, glass bottles, barrels, winemaking additives and agents, water and other supplies; risks associated with the disruption of the delivery of the Company’s wine to customers; disrupted or delayed service by the distributors and government agencies the Company relies on for the distribution of its wines outside of California; the Company’s ability to successfully execute its growth strategy; risks associated with our acquisition of Sonoma-Cutrer Vineyards, Inc.; decreases in the Company’s wine score ratings by wine rating organizations; quarterly and seasonal fluctuations in the Company’s operating results; the Company’s success in retaining or recruiting, or changes required in, its officers, key employees or directors; the Company’s ability to protect its trademarks and other intellectual property rights, including its brand and reputation; the Company’s ability to comply with laws and regulations affecting its business, including those relating to the manufacture, sale and distribution of wine; the risks associated with the legislative, judicial, accounting, regulatory, political and economic risks and conditions specific to both domestic and to international markets; claims, demands and lawsuits to which the Company is, and may in the future, be subject and the risk that its insurance or indemnities coverage may not be sufficient; the Company’s ability to operate, update or implement its IT systems; the Company’s ability to successfully pursue strategic acquisitions and integrate acquired businesses; the Company’s potential ability to obtain additional financing when and if needed; the Company’s substantial indebtedness and its ability to maintain compliance with restrictive covenants in the documents governing such indebtedness; the Company’s largest shareholders’ significant influence over the Company; the potential liquidity and trading of the Company’s securities; the future trading prices of the Company’s common stock and the impact of securities analysts’ reports on these prices; and the risks identified in the Company’s other filings with the SEC. The Company cautions investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read the Company’s filings with the SEC, available at www.sec.gov , for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. The Company’s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties. THE DUCKHORN PORTFOLIO, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited, in thousands, except shares and per share data) October 31, 2024 July 31, 2024 ASSETS Current assets: Cash $ 5,407 $ 10,872 Accounts receivable trade, net 88,016 52,262 Due from related party 222 10,845 Inventories 530,293 448,967 Prepaid expenses and other current assets 11,040 14,594 Total current assets 634,978 537,540 Property and equipment, net 568,391 568,457 Operating lease right-of-use assets 26,369 27,130 Intangible assets, net 190,577 192,467 Goodwill 484,379 483,879 Other assets 7,470 7,555 Total assets $ 1,912,164 $ 1,817,028 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 66,357 $ 5,774 Accrued expenses 69,346 34,164 Accrued compensation 7,994 11,386 Deferred revenue 12,264 80 Current maturities of long-term debt 9,721 9,721 Due to related party 342 1,714 Other current liabilities 4,250 3,905 Total current liabilities 170,274 66,744 Revolving line of credit 83,000 101,000 Long-term debt, net of current maturities and debt issuance costs 198,263 200,734 Operating lease liabilities 23,579 24,286 Deferred income taxes 151,104 151,104 Other liabilities 694 705 Total liabilities 626,914 544,573 Stockholders’ equity: Common stock, $0.01 par value; 500,000,000 shares authorized; 147,200,572 and 147,073,614 issued and outstanding at October 31, 2024 and July 31, 2024, respectively 1,472 1,471 Additional paid-in capital 1,012,874 1,011,265 Retained earnings 270,299 259,135 Total The Duckhorn Portfolio, Inc. stockholders’ equity 1,284,645 1,271,871 Non-controlling interest 605 584 Total stockholders’ equity 1,285,250 1,272,455 Total liabilities and stockholders’ equity $ 1,912,164 $ 1,817,028 THE DUCKHORN PORTFOLIO, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited, in thousands, except shares and per share data) Three months ended October 31, 2024 2023 Sales $ 124,669 $ 103,903 Excise tax 1,727 1,394 Net sales 122,942 102,509 Cost of sales 61,442 48,656 Gross profit 61,500 53,853 Selling, general and administrative expenses 40,798 30,483 Income from operations 20,702 23,370 Interest expense 5,115 4,004 Other expense (income), net 117 (1,813 ) Total other expenses, net 5,232 2,191 Income before income taxes 15,470 21,179 Income tax expense 4,285 5,629 Net income 11,185 15,550 Net income attributable to non-controlling interest (21 ) (13 ) Net income attributable to The Duckhorn Portfolio, Inc. $ 11,164 $ 15,537 Earnings per share of common stock: Basic $ 0.08 $ 0.13 Diluted $ 0.08 $ 0.13 Weighted average shares of common stock outstanding: Basic 147,128,486 115,339,774 Diluted 147,186,767 115,451,719 THE DUCKHORN PORTFOLIO, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited, in thousands) Three months ended October 31, 2024 2023 Cash flows from operating activities Net income $ 11,185 $ 15,550 Adjustments to reconcile net income to net cash from operating activities: Depreciation and amortization 10,631 7,329 Gain on disposal of assets (61 ) (42 ) Change in fair value of derivatives 137 (1,889 ) Amortization of debt issuance costs 194 194 Equity-based compensation 2,254 1,150 Change in operating assets and liabilities; net of acquisition: Accounts receivable trade, net (35,754 ) (22,547 ) Due from related party 10,623 — Inventories (80,443 ) (66,115 ) Prepaid expenses and other current assets 3,550 1,781 Other assets (212 ) 283 Accounts payable 61,149 28,045 Accrued expenses 37,058 51,985 Accrued compensation (3,392 ) (7,808 ) Deferred revenue 12,184 11,132 Due to related party (1,372 ) — Other current and non-current liabilities (496 ) (982 ) Net cash provided by operating activities 27,235 18,066 Cash flows from investing activities Purchases of property and equipment, net of sales proceeds (11,556 ) (10,395 ) Net cash used in investing activities (11,556 ) (10,395 ) Cash flows from financing activities Payments under line of credit (18,000 ) (13,000 ) Borrowings under line of credit — 23,000 Payments of long-term debt (2,500 ) (2,500 ) Taxes paid related to net share settlement of equity awards (644 ) (342 ) Net cash (used in) provided by financing activities (21,144 ) 7,158 Net (decrease) increase in cash (5,465 ) 14,829 Cash - Beginning of period 10,872 6,353 Cash - End of period $ 5,407 $ 21,182 Supplemental cash flow information Interest paid, net of amount capitalized $ 4,585 $ 4,009 Income taxes paid $ — $ 11,607 Non-cash investing activities Property and equipment additions in accounts payable and accrued expenses $ 2,568 $ 3,300 THE DUCKHORN PORTFOLIO, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Adjusted gross profit, adjusted selling, general and administrative expenses, adjusted net income, adjusted EBITDA and adjusted EPS, collectively referred to as “Non-GAAP Financial Measures,” are commonly used in the Company’s industry and should not be construed as an alternative to net income or earnings per share as indicators of operating performance (as determined in accordance with GAAP). These Non-GAAP Financial Measures may not be comparable to similarly titled measures reported by other companies. The Company has included these Non-GAAP Financial Measures because it believes the measures provide management and investors with additional information to evaluate business performance in comparison to budgets, forecasts and prior year financial results. Non-GAAP Financial Measures are adjusted to exclude certain items that affect comparability. The adjustments are itemized in the tables below. You are encouraged to evaluate these adjustments and the reason the Company considers them appropriate for supplemental analysis. In evaluating adjustments, you should be aware that in the future the Company may incur expenses that are the same as or similar to some of the adjustments set forth below. The presentation of Non-GAAP Financial Measures should not be construed as an inference that future results will be unaffected by unusual or recurring items. Adjusted EBITDA Adjusted EBITDA is a non-GAAP financial measure that the Company calculates as net income before interest, taxes, depreciation and amortization, non-cash equity-based compensation expense, purchase accounting adjustments, transaction expenses, acquisition integration expenses, changes in the fair value of derivatives and certain other items which are not related to our core operating performance. Adjusted EBITDA is a key performance measure the Company uses in evaluating its operational results. The Company believes adjusted EBITDA is a helpful measure to provide investors an understanding of how management regularly monitors the Company’s core operating performance, as well as how management makes operational and strategic decisions in allocating resources. The Company believes adjusted EBITDA also provides management and investors consistency and comparability with the Company’s past financial performance and facilitates period to period comparisons of operations, as it eliminates the effects of certain variations unrelated to its overall performance. Adjusted EBITDA has certain limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis of the Company’s results as reported under GAAP. Some of these limitations include: Because of these limitations, you should consider adjusted EBITDA alongside other financial performance measures, including net income and the Company’s other GAAP results. In evaluating adjusted EBITDA, you should be aware that in the future the Company may incur expenses that are the same as or similar to some of the adjustments in this presentation. The Company’s presentation of adjusted EBITDA should not be construed as an inference that the Company’s future results will be unaffected by the types of items excluded from the calculation of adjusted EBITDA. Adjusted Gross Profit Adjusted gross profit is a non-GAAP financial measure that the Company calculates as gross profit excluding the impact of purchase accounting adjustments (including depreciation and amortization related to purchase accounting), non-cash equity-based compensation expense, and certain inventory charges. We believe adjusted gross profit is a useful measure to us and our investors to assist in evaluating our operating performance because it provides consistency and direct comparability with our past financial performance between fiscal periods, as the metric eliminates the effects of non-cash or other expenses unrelated to our core operating performance that would result in fluctuations in a given metric for reasons unrelated to overall continuing operating performance. Adjusted gross profit should not be considered a substitute for gross profit or any other measure of financial performance reported in accordance with GAAP. Adjusted Net Income and Adjusted Selling, General and Administrative Expenses Adjusted net income is a non-GAAP financial measure that the Company calculates as net income excluding the impact of non-cash equity-based compensation expense, purchase accounting adjustments, transaction expenses, acquisition integration expenses, changes in the fair value of derivatives and certain other items unrelated to core operating performance, as well as the estimated income tax impacts of all such adjustments included in this non-GAAP performance measure. We believe adjusted net income assists us and our investors in evaluating our performance period-over-period. In calculating adjusted net income, we also calculate the following non-GAAP financial measures which adjust each GAAP-based financial measure for the relevant portion of each adjustment to reach adjusted net income: Adjusted net income should not be considered a substitute for net income or any other measure of financial performance reported in accordance with GAAP. Adjusted EPS Adjusted EPS is a non-GAAP financial measure that the Company calculates as adjusted net income divided by diluted share count for the applicable period. We believe adjusted EPS is useful to us and our investors because it improves the comparability of results of operations from period to period. Adjusted EPS should not be considered a substitute for net income per share or any other measure of financial performance reported in accordance with GAAP. THE DUCKHORN PORTFOLIO, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (Unaudited, in thousands, except per share data) Three months ended October 31, 2024 Net sales Gross profit SG&A Adjusted EBITDA Income tax Net income Diluted EPS GAAP results $ 122,942 $ 61,500 $ 40,798 $ 11,164 $ 4,285 $ 11,164 $ 0.08 Percentage of net sales 50.0 % 33.2 % 9.1 % Interest expense 5,115 Income tax expense 4,285 Depreciation and amortization expense 119 (1,903 ) 10,631 EBITDA $ 31,195 Purchase accounting adjustments 1,957 1,957 542 1,415 0.01 Transaction expenses (13,125 ) 13,125 3,636 9,489 0.06 Acquisition integration costs (152 ) 152 42 110 — Change in fair value of derivatives 137 38 99 — Equity-based compensation 266 (1,734 ) 2,000 504 1,496 0.01 Non-GAAP results $ 122,942 $ 63,842 $ 23,884 $ 48,566 $ 9,047 $ 23,773 $ 0.16 Percentage of net sales 51.9 % 19.4 % 39.5 % Three months ended October 31, 2023 Net sales Gross profit SG&A Adjusted EBITDA Income tax Net income Diluted EPS GAAP results $ 102,509 $ 53,853 $ 30,483 $ 15,537 $ 5,629 $ 15,537 $ 0.13 Percentage of net sales 52.5 % 29.7 % 15.2 % Interest expense 4,004 Income tax expense 5,629 Depreciation and amortization expense 124 (3,108 ) 7,329 EBITDA $ 32,499 Purchase accounting adjustments 25 25 7 18 — Transaction expenses (3,236 ) 3,236 861 2,375 0.02 Change in fair value of derivatives (1,889 ) (502 ) (1,387 ) (0.01 ) Equity-based compensation 206 (846 ) 1,052 272 780 0.01 Lease income, net (926 ) (926 ) (716 ) (210 ) (56 ) (154 ) — Non-GAAP results $ 101,583 $ 53,282 $ 22,577 $ 34,713 $ 6,211 $ 17,169 $ 0.14 Percentage of net sales 52.0 % 22.0 % 33.9 % Note: Sum of individual amounts may not recalculate due to rounding. View source version on businesswire.com : https://www.businesswire.com/news/home/20241205396304/en/ CONTACT: Investor Contact Ben Avenia-Tapper IR@duckhorn.com 707-339-9232Media Contact Jessica Liddell, ICR DuckhornPR@icrinc.com 203-682-8200 KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA OREGON INDUSTRY KEYWORD: RETAIL LUXURY WINE & SPIRITS AGRICULTURE NATURAL RESOURCES SPECIALTY FOOD/BEVERAGE SOURCE: The Duckhorn Portfolio, Inc. Copyright Business Wire 2024. PUB: 12/05/2024 04:05 PM/DISC: 12/05/2024 04:06 PM http://www.businesswire.com/news/home/20241205396304/en

NEW DELHI (AP) — Hindu nationalist party headed for a victory Saturday in state elections in politically significant Maharashtra while the opposition won mineral-rich Jharkhand state. Polling in the two states are seen as a test of his party returned to power in June national elections but was forced to form a coalition government with help from regional partners. India’s Election Commission said Modi’s Bharatiya Janata Party and its allies have already won 183 of 288 seats and were leading in another 48 seats in Maharashtra, India’s wealthiest state and home to the country’s financial and entertainment capital, Mumbai. The opposition Congress party and its allies have won 50 of 81 seats and were leading in another four seats in eastern Jharkhand state, according to the commission. It said vote counting was nearing completion and final results were expected later on Saturday. Modi’s BJP and a Hindu nationalist ally currently rule Maharashtra, where Hindus constitute nearly 80% and Muslims 11.5% of its 126 million people. An opposition alliance, including the Congress party, is in power in eastern Jharkhand state. The BJP has used slogans such as, “If you divide, then you will die,” and “If we are united, then we are safe,” to attract majority Hindu votes. The opposition accused it of trying to polarize voters along Hindu-Muslim religious lines. Meanwhile, Priyanka Gandhi from Congress party, the 52-year-old scion of the Nehru-Gandhi political dynasty, is set to make her debut in Parliament after winning the race against a Communist Party candidate by a huge margin of over 400,000 votes in the Wayanad seat in southern Kerala state. She contested a special election after her brother Rahul, who was elected in two constituencies in June, had to vacate one. Her mother Sonia Gandhi is already in Parliament. The BJP had hoped to attract women with a plan that provides 1,500 rupees ($18) a month to over 20 million women in the 21-65 age group whose annual family income is less than 250,000 rupees ($3,010). The Congress party promised women double that amount and free transportation in government buses. The opposition also hoped to capitalize on the simmering disaffection with high youth unemployment, inflation and low crop prices during the BJP’s rule. In September, Congress was able to secure votes in after a 10-year gap. But Modi’s BJP regained momentum in October and won the Haryana state election even though pollsters had predicted an easy victory for Congress. Ashok Sharma, The Associated PressDuck Creek Technologies renforce son leadership commercial mondial grâce à des nominations stratégiques en Amérique du Nord, EMEA et APAC

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