A club name, logo, set of bylaws, and the election of officers soon followed. To the extent that forward-looking non-GAAP financial measures are provided, they are presented on a non-GAAP basis without reconciliations of such forward-looking non-GAAP measures due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation. Work with a passionate, confident and humble team. Industry: Toys and games , Playing cards , Social stationery and greeting cards , Albums, scrapbooks and binders , Candy and other confectionery products See All Industries Printer Friendly View Address: 1 Whitehall St New York, NY, 10004-3612 United States See other locations Phone: Website: www.topps.com Employees (this site): Actual 2020 Pro Forma Adjusted EBITDA* and 2021 Adjusted EBITDA* include estimated public company costs of $9 million. With Poker Runs now dominating the high performance offshore boating scene, TOPPS can be proud of consecutive poker runs each year. A value proposition is a marketing statement that summarizes why a consumer should buy a product or use a service. Investor ContactTom Filandro and Brendon Frey, ICR, Inc.ToppsIR@icrinc.com, Media Contact Keil Decker, ICR, Inc.ToppsPR@icrinc.com, TOPPS INTERMEDIATE HOLDCO, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in thousands, except share data), Prepaid expenses and other current assets, Accrued expenses and other current liabilities, Common stock, $0.01 par value; 1,000 shares authorized; 100 shares issued and outstanding as of July 3, 2021 and January 2, 2021, Total liabilities and stockholders equity, TOPPS INTERMEDIATE HOLDCO, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Amounts in thousands) (unaudited), Selling, general and administrative expenses, Unrecognized pension and postretirement benefit (costs), net of income taxes, TOPPS INTERMEDIATE HOLDCO, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Amounts in thousands) (unaudited). * A powerful collection of mission statements selected from the most successful businesses and recognizable brands in North America. Founded in 1938 as a chewing gum company, Topps released their first baseball card set in 1951. Prepaid expenses and other current assets, Accrued expenses and other current liabilities, Common stock, $0.01 par value; 1,000 shares authorized; 100 shares issued, Total liabilities and stockholders equity, Selling, general and administrative expenses, Interest expenses, net of interest income, Unrecognized pension and postretirement cost, net of income taxes, Adjustments to reconcile net income to net cash used in operating, Depreciation and amortization of property, plant and equipment and, Unrealized loss on derivative instruments, net. 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. A mission statement defines what line of business a company is in, and why it exists or what purpose it serves. Mission Statement: A mission statement is a short sentence or paragraph used by a company to explain, in simple and concise terms, its purpose(s) for being. THE TOPPS COMPANY, INC. (Exact name of registrant as specified in its charter) . These personal mission statements often incorporate the financial, professional, spiritual, and relational aspects of life. TOPPS was also very instrumental in organizing and staffing many national offshore races, including race sites in Galveston, Corpus Christi, South Padre Island, Biloxi, New Orleans, and Key West. 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. 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. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. About The Tornante CompanyThe Tornante Company, LLC is a privately held investment firm founded and owned by former Walt Disney Company CEO Michael Eisner. 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.. Topps Digital Services is a leading processor, distributor and program manager of prepaid gift cards and provider of cloud-based financial services and white label e-gift solutions for widely recognized digital businesses that include Airbnb, Deliveroo, DoorDash, Hulu, Instacart, Netflix, Nike, Twitch and Uber. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by net sales. Non-cash and non-core losses/(gains), net. Utter a great slogan such as "Just Do It" can invoke memories, commercials, logos, brand ambassadors, and emotions through a successful ad campaign. 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. A mission statement doesn't give much opportunity for a rebuttal to clarify or further explain what a company is all about. This section requires some thought, as you aren't necessarily trying to provide a detailed description of the company's operations. A mission statement is used by a company to explain, in simple and concise terms, its purpose(s) for being. 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. The places to go in our chosen markets and to entrench our position as southern africa's largest non-food retailer. You are comfortable working in the fast-paced, dynamic environment of sports/pop culture marketing and e-commerce. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Heritage's director of sports auctions, said in a statement . Topps believes that this non-GAAP measure provides meaningful information to assist investors and stockholders in understanding Topps financial results and assessing its prospects for future performance, and reflects an additional way of viewing aspects of Topps operations that, when viewed with its GAAP financial measures, provides a more complete understanding of Topps business. In order to keep up with today's high competitive market, the quality of our product must surpass the industry standards. Once a mission statement is crafted, it's up to the company to make it publicly known. TOPPS was a club affiliated member of ABPA (American Power Boat Racing) for many years. Topps was acquired in October of 2007 by Madison Dearborn Partners, a private equity group, and The Tornante Company, an investment company owned by Michael Eisner, former CEO of Disney. For additional information visit topps.com, play.toppsapps.com, toppsdigitalservices.com, Candymania.com, investors.thetoppscompany.com. $14.99. Tornante invests in, acquires, and operates media and entertainment companies. A mission statement isn't meant to necessarily be catchy; it's meant to be informative and useful for guiding high-level decisions. Monterey Bay Aquarium: To inspire conservation of the oceans. 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). Topps Living Set Fine Art Print #599 - Michael Harris II. All of your company's strategic steps should align with its mission. Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA by net sales. 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. Topps believes Adjusted EBITDA is also useful in evaluating its operating performance, as it is similar to measures reported by Topps competitors and is regularly used by security analysts and investors in analyzing companies operating performance and prospects. Fanatics' trading card entity is valued at $10 billion after a $350 million round of funding last September. 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. 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. 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. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Remember to keep the mission statement short and to the point. The management and employees of TOPP Industries, Inc., have made it our primary concern to provide "TOPP of the Line" quality, economy, and environmentally responsible products to our customers. As a company grows, its objectives and goals may be reached, and in turn, they'll change. SG&A in the second quarter of 2021 was $39.1 million, or 18.4% of net sales, compared to $26.4 million, or 22.1% of net sales in the second quarter of 2020. 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. (6) Grade B. Its sponsor is an affiliate of Mudrick Capital Management, L.P., which currently manages approximately $3.5 billion with a specialty in event-driven and special situation investing in public and private companies in North America. A great mission statement helps your company define its direction and stay on track. 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. The Topps Company, Inc, Net Sales Increased 55.3%Net Income Growth of $23.0 Million to $23.4 MillionAdjusted EBITDA* Growth of $23.0 Million to $35.9 MillionRaises Full Year 2021 Outlook. You can find more information about MUDS directors and executive officers in MUDS Amendment No. 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.. 50 Excellent Nonprofit Mission Statements. Additionally, later this year, Topps will kick off a scaled, non-exclusive program to design, manufacture and distribute trading cards showcasing current college football and basketball student . Because it's so brief, it is easy to memorize. A good mission statement helps everyone in the company make the right decisions. TOPS Vision Statement. Topps Living Set Fine Art Print #600 - Lou Gehrig. In the examples below, some individuals may be skeptical of alternative sources of energy and may be scared away when learning of Tesla's mission statement. 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. It often includes a general description of the organization, its function, and its objectives. For example, vision statement of Accenture is "To become one of the world's leading companies, bringing innovations to improve the way the world works and lives.". The Topps Company Mission, Vision & Values Are you in HR or Marketing for The Topps Company? The statement reveals what the company does, how it does it, and why it does it. Internships and graduate programs Requirements, How It Works, and Example, Social Entrepreneur: Definition and Examples, Not for Profit: Definitions and What It Means for Taxes. Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization of property, plant and equipment and intangible assets, Unrealized loss on derivative instruments, net. The non-GAAP measures should not be considered in isolation from, or as an alternative to, financial measures determined in accordance with GAAP. The Topps Company, Inc. is a company based in New York City that manufactures candy and collectibles. The company owns Topps and Portsmouth Football Club, of the English Football League, and has created critically acclaimed series such as Undone for Amazon Studios, BoJack Horseman and Tuca and Bertie for Netflix, and NOS4A2, an AMC Original Series. Last, a mission statement adds validity to an organization. The statement is generally short, either a single sentence or a short paragraph. Furthermore, the mission statement helps clarify a company's purpose. 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. Work from home Explore work from home during COVID-19, remote work support and work-life balance. Topps encourages investors to review its financial statements included in the proxy statement filed by MUDS in their entirety and not to rely on any single financial measure. These statements serve a dual purpose . Fun office atmosphere. There are drawbacks to having a mission statement. It should be limited to one sentence, though it shouldn't be too limiting as it should encompass the entire company's purpose. A mission statement is a brief but clear group of words that explains the core values of a company or organization. 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. Cautionary Language Regarding Forward-Looking StatementsThis press release includes forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. A brand is an suite of elements that encompasses a company's identity. Business Combination On July 30, 2021, MUDS (NASDAQ: MUDS), a publicly-traded special purpose acquisition company, filed a definitive proxy statement on Schedule 14A with the U.S. Securities and Exchange Commission (SEC) in connection with the proposed business combination between MUDS and Topps. 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. By a show of hands it was decided that a High Performance Boat Club would be fun and give others with the same mindset an opportunity to join in. Other members who also raced include Jack Carmody, Craig Edwards, Grant Greytok and Loyd Thornton just to name a few. There's no single best way to come up with a mission statement. In some cases, mission statements eventually become household phrases. A companys mission statement defines its culture, values, ethics, fundamental goals, and agenda. If your mission statement doesn't inspire you, you need to TOPPS is now entering its third decade and in spite of the fact that members are sometimes strained by the cost and maintenance of the boats and the rising cost of fuel, the TOPPS Boat Club is alive and well and looking forward to the future of HIGH PERFORMANCE BOATING! At the end of this step, you should emerge with a curated list of your favorite words and phrases that are fitting and truly reflect your brand. The following examples are the mission statements of some of the trending companies as of 2022: A mission statement is often confused or grouped with other types of organizational statements. These are key points to outline in your mission statement. Panini America, formerly Donruss Playoff, publishes sports trading cards under the names Donruss, Playoff, and Score. Investopedia does not include all offers available in the marketplace. TOPS [ONE] is a platform that serves all of the stakeholders of your community association's ecosystem. 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 arenon-cash,unrelated to Topps core revenue-generating operations or that affect the comparability of Topps results from period to period. When available, these documents can be obtained free of charge from the sources indicated above. In addition, it can also be used in marketing documents. For more than a decade, the number one choice for environmental and economical solutions is TOPP Industries. 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. One summer weekend day, approximately 12 captains with their boats and crews headed to Galveston, Texas from Clear Lake cruised into Offatts Bayou and stopped at a great watering hole known as the Seabreeze Restaurant and Bar. Forward-looking statements may be identified by the use of words such as forecast, intend, seek, target, anticipate, believe, expect, estimate, plan, outlook, and project and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Adjusted EBITDA*, is now expected to be in the range of $130 million to $140 million, representing an increase of 41% to 52% over 2020 Pro Forma Adjusted EBITDA* of $92 million. 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. To set my personal life aside and focus on achieving my goals regarding my education and building a solid career for myself. A company's mission statement should drive the goals that are set. Tornante invests in, acquires, and operates media and entertainment companies.
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