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Topps Physical Sports & Entertainment products include Major League Baseball, Major League Soccer, UEFA Champions League, Bundesliga, National Hockey League, Formula 1, Star Wars, WWE, Wacky Packages, Garbage Pail Kids, Mars Attacks and more. A value statement often includes actionable direction such as "taking ownership", "acting ethically", "doing what is right", or "being transparent." Consolidated gross margin improved 350 basis points, to 43.3% in the second quarter of 2021 from 39.8% in the second quarter of 2020. Time Management Systems Mission Statements. Raises Full Year 2021 OutlookNet Sales Increased 77.7% to $212.2 Million Net Income Increased 176.4% to $36.3 MillionAdjusted EBITDA* Increased 144.0% to $55.1 Million. After you've approved it, you'll need to find a way to incorporate it wherever you can. TOPS Vision Statement. A company may solicit employees to incorporate adding its mission statement as part of a company-wide standard e-mail signature block. To put my studies first, above everything else. About Mudrick Capital Acquisition Corporation IIMUDS is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. From the outside looking in, a mission statement demonstrates that a company has considered the big picture and the major goals it wants to accomplish. Fun office atmosphere. Stockholders of MUDS will also be able to obtain copies of the proxy statement and other documents filed with the SEC, without charge, once available, at the SECs website at www.sec.gov. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, is included in MUDS definitive proxy statement. Last, a mission statement adds validity to an organization. Prior to joining Topps, Mr. Leiner worked for Madison Dearborn Partners as an Associate, responsible for evaluating new growth equity and leverage buyout transactions globally and managing existing investments, including the Topps Company investment. Mission definition. Last, by publicly announcing to the world the company's mission, some people on the outside (or even the inside) may disagree with the mission. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Second Quarter 2021 Financial ResultsNet sales increased by $92.8 million, or 77.7%, to $212.2 million for the second quarter of 2021, from $119.5 million in the second quarter of 2020, reflecting substantially higher Sports & Entertainment and Confections sales. Topps believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating projected operating results and trends. While the mission statement remains unchanged for the most part and represents who the company is or aspires to be for the entirety of its existence, the vision statement can change. The definitive proxy statement and other relevant materials for the proposed business combination will be mailed to stockholders of MUDS as of June 30, 2021, the record date established for voting on the proposed business combination. A good mission statement also focuses on the long-term goal it wishes to deliver to customers. One method of brainstorming ideas of a mission statement is to think about personal experiences from the company. Tornante invests in, acquires, and operates media and entertainment companies. Such forward-looking statements may include estimated financial information, including with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of MUDS, Topps or the combined company after completion of the proposed business combination, and are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward-looking statements. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. This press release does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the proposed business combination. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of MUDS stockholders in connection with the proposed business combination is set forth in MUDS proxy statement filed with the SEC. Our Vision is to provide more than just an accounting or management application. It will help keep my grades in check, helping me advance and achieve my career goals. If your mission statement doesn't inspire you, you need to A mission statement representing an idea aligning with an in-demand and prospective employee helps secure this individual's interest and services. The company makes basketball cards as the official licensed trading card publisher for the NBA; it offers NFL cards through shared rights with rival Upper Deck. Net effect of changes in operating assets and liabilities: Accounts payable, accrued expenses and other current liabilities, Acquisitions of property, plant and equipment, Effect of exchange rate changes on cash and cash equivalents, (Decrease)/increase in cash and cash equivalents, Cash and cash equivalents - beginning of period, Cash and cash equivalents - end of period, Income taxes paid, net of refunds received, Non-cash and non-core (gains)/ losses, net, Net sales increased by $59.3 million, or 55.3%, to $166.6 million, Gross margin improved 200 basis points to 39.4%, Net income grew $23.0 million to $23.4 million, Adjusted EBITDA* grew $23.0 million to $35.9 million, Adjusted EBITDA margin* increased 950 basis points to 21.5%, Sports & Entertainment segment net sales increased 105.3% to $103.2 million, Physical Sports & Entertainment net sales increased 101.7%, Digital Sports & Entertainment net sales increased 111.1%, Sports & Entertainment segment Adjusted EBITDA increased 373.2% to $32.0 million generating an Adjusted EBITDA margin of 31.0% compared to 13.4%, Confections segment net sales increased 11.3% to $63.5 million, Confections segment Adjusted EBITDA was $10.7 million generating an Adjusted EBITDA margin of 16.9% compared to 19.9%. A mission statement is a brief but clear group of words that explains the core values of a company or organization. No offering of securities shall be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act, or an exemption therefrom. About The Topps CompanyFounded in 1938, The Topps Company, Inc. is a global consumer products company that entertains and delights consumers through a diverse, engaging, multi-platform product portfolio that includes physical and digital collectibles, trading cards, trading card games, sticker and album collections, memorabilia, curated experiential events, gift cards and novelty confections. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of MUDS stockholders in connection with the proposed business combination will be set forth in MUDS proxy statement when it is filed with the SEC. Our facility boasts over 300,000 square feet of around-the-clock manufacturing and houses an extensive inventory of lift station and wastewater components ready for immediate shipment. Heritage's director of sports auctions, said in a statement . in definitive proxy or information statements incorporated by reference in Part III of this form 10-K or any amendment of this Form 10-K. ; Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer or a non-accelerated filer A 1952 Topps Mikey Mantle card with a 9.5 grade more than doubled the all-time record for a sports card, selling for $12.6 million. We also reference original research from other reputable publishers where appropriate. You can find more information about MUDS directors and executive officers in MUDS Amendment No. TOPPS mission statement in part was to promote offshore racingand did it ever! Because a company's mission statement is often pretty short, it is easy to incorporate into marketing material. A good mission statement should have the following characteristics : 1) Feasibility : A good mission statement should always be a wide-ranging goal, but it should also be achievable. TOPP Industries, Inc. is committed to its customers and its product, and realizes that quality, price, and selection is its main responsibility. We generated notable outperformance in our Sports & Entertainment segment combined with very solid top line expansion in our Confections segment. These statements serve a dual purpose . A mission statement is used by a company to explain, in simple and concise terms, its purpose(s) for being. We delivered exceptional performance in our Sports & Entertainment segment, as well as a meaningful recovery in our Confections segment compared to last years COVID-related impact on this business. This press release does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the proposed business combination. The following definitions are provided: Adjusted EBITDA is defined as earnings before interest, income taxes and depreciation and amortization, and further adjusted to exclude the impact of certain items that are non-cash, unrelated to Topps core revenue-generating operations or that affect the comparability of Topps results from period to period. It should not be an impossible statement. Encourages High-Quality Output. Rather, it crafted its mission statement around the possibilities it presented through its product. (6) Grade B. We believe we are well positioned to capitalize on the many growth opportunities that exist for our business., Michael Eisner, Chairman of The Topps Company, commented, I am pleased with our fantastic start to 2021. First, it outlines a company's goals and position in the industry for its customers, competitors, and other stakeholders. Topps believes these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Topps financial condition and results of operations. Whether it's at a networking event, social gathering, or bus ride to work, a mission statement is an easy way to captivate a stranger's interest in your company should they ask what your company does. TOPS Mission Statement. Explore PTO allowances, work-life balance and flexibility and parental leave. Non-GAAP Financial Measures This press release includes certain non-GAAP financial measures, including Adjusted EBITDA and Adjusted EBITDA margin, that are not prepared in accordance with accounting principles generally accepted in the United States (GAAP). The reconciliation presented above reconciles the non-GAAP financial measure Adjusted EBITDA to the GAAP financial measure net income for the twenty-six weeks ended July 3, 2021 and the twenty-seven weeks ended July 4, 2020. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Finally, include why you do what you do in your mission statement. Next, describe the way in which your company does what it does. Such forward-looking statements may include estimated financial information, including with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of MUDS, Topps or the combined company after completion of the proposed business combination, and are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward-looking statements. Utter a great slogan such as "Just Do It" can invoke memories, commercials, logos, brand ambassadors, and emotions through a successful ad campaign. Maybe you value quality, customer service, or being sustainable. Although it's never ideal to constantly pivot your image and change your mission statement, your company may outgrow or shift directions resulting in the need of a new statement. Remember to keep the mission statement short and to the point. We are looking for people with the passion, talent and focus to begin creating the highest quality mobile apps around sports properties such as MLB, NFL & NHL, and entertainment brands such as Star Wars, Marvel and Disney. Because it's so brief, it is easy to memorize. Topps does not provide a non-GAAP reconciliation for its forward-looking Adjusted EBITDA, as such reconciliation would rely on market factors and certain other conditions and assumptions that are outside of the companys control. Corporate culture refers to the beliefs and behaviors that determine how a company's employees and management interact. In addition, it's a perfect introduction for someone who has never heard of your company or wants to know more. We are excited to see our businesses perform well and look forward to building on our recent accomplishments to drive continued growth over the long-term.. Either through a group voting process or by soliciting the feedback of a few people you trust, whittle down the list you generated in step two. Management may become too distracted with high-level targets that shorter-term, necessary steps to get there become neglected. A mission statement is an action-oriented statement declaring the purpose an organization serves to its audience. MUDS has scheduled a special meeting in lieu of its 2021 annual meeting of stockholders (the Special Meeting) to vote on the proposed transaction with Topps and related matters for August 25, 2021 at 10:00 a.m. These factors include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could result in the proposed business combination not being completed at all or on the expected timeline, including as a result of the termination of the definitive documentation with respect to the proposed business combination or the failure to obtain approval of MUDS stockholders or other conditions to closing in the definitive documentation with respect to the proposed business combination; (2) the outcome of any legal proceedings that may be instituted against MUDS or Topps or any of their respective directors or officers, following the announcement of the proposed business combination (3) the ability to meet applicable NASDAQ listing standards; (4) the risk that the proposed business combination disrupts current plans and operations of Topps business as a result of the announcement and consummation of the proposed business combination; (5) the inability to complete the private placement (6) changes in domestic and foreign business, market, financial, political and legal conditions; (7) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (8) costs related to the proposed business combination; (9) changes in applicable laws or regulations; (10) the impact of the global COVID-19 pandemic on any of the foregoing risks; and (11) other risks and uncertainties indicated from time to time in the proxy statement relating to the proposed business combination, including those under Risk Factors therein, and other documents filed or to be filed with the SEC by MUDS. These interdependent, cascading roles . Now seven decades later, artists and creatives around the globe are revisiting and reimagining 70 years of iconic baseball card designs, each selecting their own MLB players and Topps designs to craft a unique story. Whereas a mission statement describes the highest level of purpose, a vision statement starts to describe how that purpose will be achieved. Upon closing of the transaction, the combined company will be named Topps Companies, Inc. and will be listed on NASDAQ under the new ticker symbol TOPP.. When available, the definitive proxy statement and other relevant materials for the proposed business combination will be mailed to stockholders of MUDS as of the record date to be established for voting on the proposed business combination. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Simply put, it is a short, action statement that tells a . Topps uses Adjusted EBITDA to evaluate the underlying performance of its revenue-generating operations and facilitate comparisons of Topps recurring operating performance between periods and to the reported operating performance of other companies. Alternatively, a slogan is a very pointed marketing phrase used to be memorable even if it is less informative. 2 to the Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on May 10, 2021. Your organization should refer to your mission statement often as you: The forward-looking statements in this press release speak as of the date of its filing. A vision statement defines at what position the company wishes to be in future. About The Tornante CompanyThe Tornante Company, LLC is a privately held investment firm founded and owned by former Walt Disney Company CEO Michael Eisner. To provide the best community association management software solution backed by amazing customer service. When done wrong, a mission statement is just another line of jargon everyone pretty much ignores. Adjusted EBITDA*, is now expected to be in the range of $155 million to $165 million, up from previous guidance of $130 million to $140 million, representing an increase of 68% to 79% over 2020 Pro Forma Adjusted EBITDA* of $92 million. Instead of focusing directly on the narrow business element of your company, embrace the broader aspect. Topps Living Set Fine Art Print #600 - Lou Gehrig. Every company should have a precise statement of purpose that gets people excited about what the company does and motivates them to become part of the organization. The statement is generally short, either a single sentence or a short paragraph. Consolidated gross margin improved 200 basis points, to 39.4% in the first quarter of 2021 from 37.4% in the first quarter of 2020. Topps Digital Sports & Entertainment has connected with people around the world who have downloaded our apps including Topps BUNT, TOPPS KICK, Star Wars: Card Trader by Topps, Topps WWE SLAM, Topps NHL SKATE, Marvel Collect! June 22, 2021 07:00 ET A social entrepreneur is a person who pursues an innovative idea with the potential to solve a community problem. 2016 Topps Star Wars Rogue One: Mission Briefing trading cards at a glance: Packs per box: 24 Cards per pack: 8 Boxes per case: 12 Set size: 110 cards Release date: September 30, 2016 What to. After the bulk of the work has been done, companies may struggle with "wordsmithing" or simply rearranging words instead of trying to generate value. Although MUDS may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so whether as a result of new information, future events, changes in assumptions or otherwise except as required by applicable securities laws. * A powerful collection of mission statements selected from the most successful businesses and recognizable brands in North America. Tailored Brands mission statement Tailored Brands provides a personal, convenient, one-of-a-kind shopping experience with compelling products and world-class service. SG&A decreased by $1.8 million in the first quarter of 2021, or 5.5%, to $30.7 million or 18.4% of net sales from $32.5 million or 30.3% of net sales in the first quarter of 2020. A mission statement is a brief description of the overarching meaning of the company or nonprofit. Furthermore, it defines how each of these applies to the company's stakeholdersits employees, distributors, suppliers, shareholders, and the community at large. Mission statements serve several purposes, including motivating employees and reassuring investors of the company's future. Even though a mission statement is short and concise, it may take a lot of time and money to develop. Second Quarter 2021 Financial HighlightsComparison of the Thirteen Weeks Ended July 3, 2021 to the Thirteen Weeks Ended July 4, 2020, Net sales increased by $92.8 million, or 77.7%, to $212.2 million, Gross margin improved 350 basis points to 43.3%, Adjusted EBITDA* grew 144.0% to $55.1 million, Adjusted EBITDA margin* increased 710 basis points to 26.0%, Second Quarter 2021 Segment HighlightsComparison of the Thirteen Weeks Ended July 3, 2021 to the Thirteen Weeks Ended July 4, 2020, Sports & Entertainment segment net sales increased 86.5% to $151.5 million, Physical Sports & Entertainment net sales increased 87.7%, Digital Sports & Entertainment net sales increased 122.4%, Sports & Entertainment segment Adjusted EBITDA increased 137.8% to $53.6 million generating an Adjusted EBITDA margin of 35.4% compared to 27.8%, Confections segment net sales increased 58.8% to $60.7 million, Confections segment Adjusted EBITDA increased 71.1% to $11.9 million generating an Adjusted EBITDA margin of 19.6% compared to 18.2%, *Non-GAAP measure; complete definitions of Topps non-GAAP measures are provided herein under Non-GAAP Measures Disclosures., Michael Brandstaedter, Chief Executive Officer of The Topps Company stated, Our second quarter performance reflected the overall strength of our business. All of your company's strategic steps should align with its mission. Topps uses Adjusted EBITDA to evaluate the underlying performance of its revenue-generating operations and facilitate comparisons of Topps recurring operating performance between periods and to the reported operating performance of other companies. The vision statement, meanwhile, should clarify the aspirations of the organization and define the direction it's heading in. It is usually one sentence or a short paragraph, explaining a company's culture, values, and ethics. Topp Company's mission statement is "We save people money so they can live better , bring inspiration and innovation to every athlete in the world.". 97% Reach. Mission statements serve a dual purpose by helping employees remain focused on the tasks at hand, and encouraging them to find innovative ways of moving toward increasing their productivity with the eye to achieving company goals. These further adjustments for the periods presented in this press release include sponsor fees, transaction and refinancing costs, losses on sales of subsidiaries, foreign currency transaction costs and other non-cash, non-recurring or non-core costs. Once a mission statement is crafted, it's up to the company to make it publicly known. In addition, be mindful to periodically review your mission statement. About The Tornante CompanyThe Tornante Company, LLC is a privately held investment firm founded and owned by former Walt Disney Company CEO Michael Eisner. Alternatively, you may foster creativity and innovation in your business. Connect with clients Customers hire companies with whom they find a connection. Independence for you to do your best work to grow the business. No Offer or SolicitationThis press release shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed business combination. This may be a good you produce or a service you provide to your. For additional information visit topps.com, play.toppsapps.com, toppsdigitalservices.com, toppsnfts.com, Candymania.com, investors.thetoppscompany.com. The Topps Company, Inc. is a company based in New York City that manufactures candy and collectibles. For example, an acceptable way to open a financial company's mission statement is with the sentence, "Our firm provides a wide range of financial solutions." 2. In general, a company's goals are often even more specific, potentially referring to specific business lines, growth percentages, geographical regions, or new initiatives. No offering of securities shall be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act of 1933, as amended, or an exemption therefrom. Topps Digital Sports & Entertainment has connected with people around the world who have downloaded our apps including Topps BUNT, TOPPS KICK, Star Wars: Card Trader by Topps, Topps WWE SLAM, Topps NHL SKATE, Marvel Collect! Investopedia does not include all offers available in the marketplace. MUDS stockholders and other interested persons are advised to read, the preliminary proxy statement, any amendments thereto, and, when available, the definitive proxy statement and any other documents filed, in connection with MUDS solicitation of proxies for its special meeting of stockholders to be held to approve the proposed business combination and other matters, as these materials will contain important information about MUDS, Topps and the proposed business combination.