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Givex CEO Don Gray reveals strong 2Q performance and strategies for sustained growth

Givex Corp

Givex Corp CEO Don Gray joined Proactive's Stephen Gunnion with details of the company's strong second-quarter financial performance. For the three months ended June 30, Givex reported revenue of $19.4 million, up 15% year-over-year, and gross profit of $1.9 million, up 16% year-over-year. Adjusted EBITDA rose 69% to $1.7 million over the same span and the net loss narrowed 75% from $3.9 million to $978,000. Gray attributed the positive results to consistent strategies over the past few years, including attracting new clients, signing new business, and successful acquisitions. He emphasized the company's goal to increase gross profit and adjusted EBITDA, while aiming to reduce the net loss to zero and potentially achieve positive earnings. Gray acknowledged the challenge of managing operational costs, particularly payroll expenses, and discusses efforts to maintain control and possibly lower the payroll-to-gross-profit ratio. Regarding annual recurring revenue (ARR), Gray highlighted a 20% increase in trailing ARR, emphasizing the significance of new contracted revenue from acquisitions and new clients. He anticipated continued growth throughout the year, especially in the stronger third and fourth quarters. Contact Details Proactive Investors +1 604-688-8158 na-editorial@proactiveinvestors.com

August 11, 2023 02:08 PM Eastern Daylight Time

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Back-to-School Shopping 101

News Media Group, Inc.

Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

August 11, 2023 06:00 AM Eastern Daylight Time

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CEO reveals Nextech3D.AI's latest milestone: 50,000+ 3D models delivered and explosive growth ahead

Nextech3D.AI

Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) CEO Evan Gappelberg joined Proactive's Stephen Gunnion with details of the company's latest achievement of delivering over 50,000 3D models to customers. Gappelberg highlighted the company's rapid growth and anticipated even more impressive records ahead due to escalating 3D model demand. The company's preliminary second-quarter results, out last week, revealed a 155% increase in revenues to $1.4 million, with third-quarter revenue projected to surge by 200% to $1.7 million year-over-year. Gappelberg attributed a substantial portion of this exponential growth to the partnership with Amazon, which constitutes 70% of the eCommerce ecosystem. As Amazon's preferred 3D model supplier, Nextech3D.AI capitalizes on the expanding demand. With Amazon opening Seller Central to over 10 million merchants, Gappelberg envisions substantial growth potential, given that only a fraction of Amazon SKUs have been converted to 3D. He asserted that Nextech's breakthrough generative AI technology provides a competitive edge, streamlining 3D model creation and production at scale. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

August 10, 2023 12:09 PM Eastern Daylight Time

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HIBBETT FEATURES FATHER-DAUGHTER DUO FROM HENRICO, VIRGINIA IN LATEST SMALL-TOWN SNEAKERHEAD

Hibbett, Inc.

BIRMINGHAM, AL – August 10, 2023, Hibbett, Inc. (NASDAQ:HIBB), an athletic-inspired fashion retailer with more than 1,140 Hibbett and City Gear specialty stores nationwide, today announced the latest release of the exclusive Small-Town Sneakerhead (STSH) digital series, celebrating sneaker culture. This episode features Kijafa McKinzie, a 44 year-old sneaker collector, husband and father from Henrico, Virginia with a passion for sneakers that spans over 27 years. “We have featured a dozen sneaker enthusiasts from small towns since we launched the Small-Town Sneakerhead project over three years ago,” said Sarah Sharp-Wangaard, VP Marketing, Hibbett. “What makes this series so great is that we spotlight diverse collectors from often unexpected towns all over the US and the feedback from the sneaker community has been tremendous.” In the latest Small-Town Sneakerhead episode, viewers get acquainted with Kijafa McKinzie, a native of Hampton who attended Virginia State University and now resides in Henrico. McKinzie’s extensive sneaker collection boasts 300 pairs, a passion that began around the age of 18. “My inspiration for collecting was initially just wanting to look good and wear what the sports stars I looked up to were wearing. When looking for shoes I’m drawn to the nostalgic feel, where I was when the shoe was originally released and the colorway and silhouette. Being a sneakerhead means knowing the history, colorways and materials and how innovative the shoe is. I feel like I’m one of the more classic sneakerheads. For me it’s just a true love of kicks,” McKinzie expressed. Interestingly, McKinzie’s 16 year-old daughter, Dylan is following in her father’s footsteps by building her own sneaker collection. “Ever since I can remember my Dad has been buying me sneakers. In the beginning, I wasn’t as interested in the sneakers and just wore them. However, after a while, I really started to get more into the different sneaker colorways and styles. Now I look for shoes that are comfortable, cute and complement my style,” said Dylan. During their visit to Virginia, the STSH crew accompanied McKinzie to his home to see his “kicks closet” with approximately 300 pairs and visited some of his favorite spots in and around Henrico and nearby Richmond. “My hometown is special because of its rich history and culture. Some of my favorite places are the Hippodrome Theater, and southern food spots like Mama J’s Kitchen in the historic Jackson Ward. They also stopped to do some back to school shopping and Dylan had her eye on some new sneakers for the first day of school. “Seeing her Mom and I on Saturday mornings trying to win sneaker raffles must have rubbed off on her. Dylan became more interested in sneakers when she got into high school and just witnessing her interest in any sneakers puts a smile on my face. We look online for new releases and discuss what she feels could work for her style. She is a simple kind of girl when it comes to sneaker’s, so she normally gravitates to styles like the Jordan 1’s, Dunks and Air Force 1’s. I’m more into OG classics and colorways. The older she gets, the more interest she has and the more I am loving it. Participating in Small-Town Sneakerhead has been a great way for us to showcase our love for sneakers,” McKinzie added. "We had the pleasure of celebrating the generational passion for sneakers through the dynamic of Kijafa and Dylan, in the humble town of Henrico, VA. In honor of the AF1 and Back to School, it was seamless storytelling, representing everyone getting ready for school shopping and style this fall, regardless of their hometown,” said Matt Halfhill, Founder and CEO, Nice Kicks. About Small-Town Sneakerhead In 2020, Hibbett launched the Small-Town Sneakerhead project to provide sneakerheads from all walks of life the platform to share their personal sneaker narrative. Produced in partnership with Nike and Nice Kicks, the series highlights the evolving sneaker scene and enthusiasts from across the country. Hibbett has featured collectors from East Buffalo, NY, Cheyenne, WY, Hampton, VA, Cape Girardeau, MO, Murphy, TX, Hopkinsville, KY, Lafayette, LA, Crosby, TX, Sandy Springs, GA and St. George, UT and Anniston, AL with more exciting stories coming soon. About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1143 Hibbett and City Gear specialty stores, located in 36 states nationwide. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com. Follow us @hibbettsports and @citygear on Facebook, Instagram and Twitter. Contact Details Wendy Yellin pr@hibbett.com Company Website https://www.Hibbett.com

August 10, 2023 12:05 PM Eastern Daylight Time

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Garrett Brands Chooses ToolsGroup to Drive Digital Supply Chain Transformation

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by Garrett Brands LLC, LLC, dba Garrett Popcorn Shops and Frango Chocolate, to support its increasing growth while achieving its high standards for product freshness and customer satisfaction. Garrett Popcorn has been a Chicago staple for over 70 years, and now has retail shops in 8 countries. Frango Chocolate was established over 100 years ago. Garrett Brands maintains a portfolio of perishable items affected by seasonal demand, all while maintaining a customer experience that is synonymous with the quality of Garrett Popcorn and Frango. To streamline operations and increase efficiency, Garrett Brands initiated a search for the right supply chain planning tools to further its digitalization efforts and fuel continued growth. Garrett Brands selected ToolsGroup Service Optimizer 99+ (SO99+), a suite of planning functions encompassing Demand Forecasting & Planning, Inventory Optimization, and Replenishment. These solutions tailor inventory to demand by accounting for market uncertainty, thanks to a powerful, built-in probabilistic forecast. ToolsGroup has over 60 food and beverage customers, giving the machine learning engine behind this forecast ample opportunity to learn and adapt to the industry’s unique challenges. By leveraging ToolsGroup’s native AI and automation, Garrett Brands can navigate the complexity of multiple channels and perishability amid network expansion. “Due to the perishable nature of its products, the food industry is up against the clock when it comes to fulfilling demand and particularly sensitive to volatility,” said ToolsGroup CEO, Inna Kuznetsova. “As the pioneers in using the probabilistic method and AI in supply chain, ToolsGroup has empowered many food industry leaders and trained our AI models to strategically and decisively neutralize the ramifications of supply and demand volatility. We’re excited to partner with Garrett Brands, helping them grow their business, combat food waste, and continue their long tradition of delighting customers.” ToolsGroup helps food producers achieve impressive business outcomes through intelligent probabilistic forecasting and inventory management. Learn more HERE. About Garrett Brands LLC GARRETT BRANDS LLC is the proud company behind the iconic Garrett Popcorn Shops and Frango Chocolate. While these brands are now recognized throughout the world, our hometown and our hearts are here in Chicago. We are grateful to be a part of special celebrations across generations, from holidays and weddings to quiet moments at home. For Garrett Brands press inquiries, please contact: Michelle Molise, 313-549-3137 About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

August 10, 2023 10:30 AM Eastern Daylight Time

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Lunatic Femme: A New Dimension in Lingerie That Ignites the Soul

Lunatic Femme

Lunatic Femme, a trailblazing lingerie brand, is shaking up the industry with its unique approach to design and empowerment. More than just boosting confidence or enhancing allure, Lunatic Femme is about igniting the soul, stirring what’s latent, revealing the hidden, and inspiring self-discovery. Proudly designed and manufactured in the heart of New York City, Lunatic Femme is contributing to the city's rich history of fashion innovation. Not only does Lunatic Femme redefine traditional beauty standards as an innovative lingerie brand, but it also serves as a driving force for soul expression. Whether you're feeling shy or bold, bored or stressed, there's something for you. From multi-way bodysuits that speak volumes to changeable, detachable harnesses that channel fierceness, removable ties that ignite passion to silk and lace that foster connection, Lunatic Femme isn't just about inclusivity—it's about guiding you on a journey of erotic self-discovery. A defining aspect of their lingerie is its adjustable nature, which breaks away from the standard small, medium, and large sizes. To address individual needs like needing more room in the hips or having a longer torso, an extra two inches of space on the straps have been thoughtfully included to provide a tailored fit, boosting comfort, confidence, and exploration. Plus, many of their pieces, like the Boa High-Waisted Panty and the Champagne Room 33 Lace-Up Bodysuit, come with detachable ties. These ties not only provide additional room, but also open up a world of playful possibilities. They can be used for adventurous and sensual play, wrapped around the body for harness-like looks or compression, or applied to the body as a silky means of play, discovery, or style. This unique feature sets their lingerie apart, offering a blend of practicality, versatility, and a touch of kink, ensuring each wearer can express their soul with the pieces in a way that’s uniquely their own. It’s no surprise that the philosophy behind Lunatic Femme goes beyond just creating luxurious lingerie. It's a brand that champions the power of self-love, the freedom of soul expression, and the joy of self-discovery. Lunatic Femme encourages individuals to explore their style, ignite their creativity, and feel empowered in their own skin. In a recent interview with renowned sexologist Dr. Jess, the company's founder, Stacy Baker, shared her vision and mission for the brand. Stacy emphasized the importance of challenging conventional beauty standards and creating a space where individuals can play while expressing themselves and their sensuality authentically. “We’re a brand that recognizes and celebrates that you’re not one thing — and so your lingerie shouldn’t be either,” said Stacy. “It should be a pleasure zone where you get to explore and express the full-blown breadth and depth of all you are, in all your moments and moods.” With sustainability at the forefront of their values, Lunatic Femme uses ethically sourced, non-violent silk and ensures fair labor practices throughout their supply chain. By prioritizing sustainability, the brand aims to make a positive impact not only on their customers, but also on the environment. In the words of Stacy, “guilt has no place when you’re unapologetically sexy.” Lunatic Femme's commitment to inclusivity, soul expression, and sustainability has garnered attention from fashion enthusiasts and industry experts alike. Infusing designs that captivate with a commitment to social responsibility, Lunatic Femme is not only poised to become a leading force in the lingerie industry, but also a catalyst for igniting self-discovery among its clientele. For more information about Lunatic Femme and to explore their collection, visit their website at lunaticfemme.com. Contact Details Lunatic Femme Stacy Baker hello@lunaticfemme.com Company Website https://lunaticfemme.com/

August 10, 2023 08:00 AM Eastern Daylight Time

ToolsGroup And River Logic Partner to Provide a Comprehensive Supply Chain Planning Solution

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, announced a partnership today with River Logic, Inc, a global innovator in advanced analytics for planning and decision support, offering both a platform for custom solutions as well as network optimization and production planning and scheduling applications. Combining River Logic’s advanced supply chain design and production capabilities with ToolsGroup’s award-winning demand planning, inventory optimization, and supply planning capabilities, customers can now benefit from a more comprehensive supply chain planning solution. This strategic integration empowers organizations to leverage a unique modeling approach by providing visualization and scenario planning of the physical and financial value chain overlaid with a virtual representation of the actual flow of goods. This enables organizations to benefit from both longer-term strategic supply chain design variations and the resulting impact on inventory and service levels. “As a customer of both ToolsGroup and River Logic, I am very excited by this news,” said Moid Alwy, Chief Supply Chain Officer at American Tire Distributors. “Coupling physical supply chain design decisions with the digital flow of goods moving through the supply chain is the holy grail of the industry.” The ToolsGroup Service Optimizer 99+ (SO99+) supply chain planning solution empowers supply chain teams to make better decisions faster in times of supply and demand volatility. SO99+ provides end-to-end visibility through a digital supply chain twin that models goods and inventory movement. Equipped with probabilistic planning and advanced inventory optimization, the solution leverages powerful artificial intelligence and machine learning to better predict supply and demand requirements. This enables organizations to improve forecasts and reduce on-hand inventory while maximizing service levels. “We are excited to partner with ToolsGroup to enable a more comprehensive supply chain planning solution that, in turn, will offer more value to enterprises looking to establish more resilient and profitable supply chains,” said Carlos Centurion, President of River Logic. The foundation of River Logic’s technology is a Digital Planning Twin™, which helps companies easily, quickly, and thoroughly assess a truly end-to-end set of scenarios. This includes the full value chain as-well as product portfolio, sustainability targets, and the financial impact in terms of profitability, and the ability to finance the operation. “The partnership with River Logic is a win-win for our joint customers, improving efficiency and providing powerful business benefits,” said ToolsGroup CEO, Inna Kuznetzova. “Closely linking supply planning with production planning will improve efficiency and performance for our customers. And connecting actual digital supply chain flows with the digital supply chain planning twin will give supply chain leaders the ability to act more quickly and make strategic decisions with more confidence.” Learn more about this partnership HERE. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

August 08, 2023 10:30 AM Eastern Daylight Time

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HIBBETT HOSTS CLIPS & KICKS BACK TO SCHOOL APPRECIATION EVENT WITH FREE HAIRCUTS AND SCHOOL SUPPLIES IN CHARLOTTE, NC

Hibbett, Inc.

As summer vacation draws to a close and the new school year approaches, Hibbett and New Balance announce an action packed Clips & Kicks Back to School appreciation event and celebration on Sunday, August 13 th from 12pm to 5pm in Charlotte. Hibbett wants to make the back to school prep a little easier with some free stuff for families, while they are getting their back to school shopping done. The public is invited to stop by the Hibbett store located at 3203 Eastway Drive in Charlotte on Sunday, August 13 th from 12pm to 5pm to join the fun. “Clips & Kicks is a really fun way to help families get ready for the new school year and do something cool for our community here in Charlotte,” said Cory Wiles, Hibbett, District Manager. “Special thanks to our generous partners at New Balance for helping us put this year’s event together.” Each year, Hibbett hosts special back to school events across the country to show appreciation to local families in their community who may be stretched with back to school expenses. Hibbett hires professional barbers and brings them onsite to provide free professional children’s haircuts for attendees. There is a party atmosphere to get kids pumped up about the new school year with their fresh new cuts and free school supplies. Throughout the day there is music, special promotions, giveaways, light refreshments and much more. Children of all ages are welcome to get free haircuts and school supplies on a first-come, first-serve basis, while supplies last. About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1143 Hibbett and City Gear specialty stores, located in 36 states nationwide. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com. Follow us @hibbettsports and @citygear on Facebook, Instagram and Twitter. Contact Details Wendy Yellin pr@hibbett.com Company Website https://www.Hibbett.com

August 08, 2023 10:04 AM Eastern Daylight Time

H&T Group "not expecting significant cost inflation during H2"

H&T Group PLC

H&T Group PLC (AIM:HAT) chief executive Chris Gillespie speaks to Proactive's Thomas Warner after publishing interim results for the first half of 2023 that showed a 31% increase in profit before tax to £8.8m Gillespie gives his highlights from the year, saying that the company's pledge book surpassed expectations by growing 14%, while strong demand for the group's various products reached record levels with sales up 11%. Notably, online sales skyrocketed by almost 80%, accounting for a quarter of total sales. He acknowledges that the group was surprised like many others by the levels of cost inflation recorded during the first half of 2023, but says that he anticipates continued revenue growth and stability and is "not expecting significant cost inflation" to continue into the second half. Gillespie expressed confidence in the group's future, citing ongoing support from long-term bankers and access to increased funding of £50mln that will be used to continue growing the business. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

August 08, 2023 06:46 AM Eastern Daylight Time

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