topps mission statement

Mission statements vary considerably from company to company. 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. 2023 Throwback Thursday Set #8 - 1960 Topps Sophomores. A value proposition is a marketing statement that summarizes why a consumer should buy a product or use a service. On that beautiful summer day setting on the upper deck a discussion took place on the subject of starting a High Performance Boat Club. 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. 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. 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. While it may be difficult to narrow down the focus of your company in a single statement, here are some tips to help you write a good mission statement. 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. 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. 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. The reconciliation presented above reconciles the non-GAAP financial measure Adjusted EBITDA to the GAAP financial measure net income for the thirteen weeks ended July 3, 2021 and the thirteen weeks ended July 4, 2020. 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. Join our dynamic & entrepreneurial team and be a driving force as we transform one of the most storied entertainment brands into the world leader of digital collectibles. Roles Played by Mission and Vision. Because a company's mission statement is often pretty short, it is easy to incorporate into marketing material. About The Tornante CompanyThe Tornante Company, LLC is a privately held investment firm founded and owned by former Walt Disney Company CEO Michael Eisner. Founded in 1938 as a chewing gum company, Topps released their first baseball card set in 1951. This, in turn, helps an individual maintain a healthy work/life balance that increases their personal achievement in all of these areas. Other members who also raced include Jack Carmody, Craig Edwards, Grant Greytok and Loyd Thornton just to name a few. | Source: Contents 1 Company history 2 Current Main Product Lines 3 Previous Main Product Lines 4 Topps Baseball Card Sets (by Year) 5 See Also Company history TOPPS mission statement in part was to promote offshore racingand did it ever! Mission statements serve several purposes, including motivating employees and reassuring investors of the company's future. Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA by net sales. 03. 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. In general, a mission statement describes the "what" and "how" of the company (sometimes also including the "why"), while a vision statement focuses more on the "why" or meaning behind the company's actions. It attempts to succinctly explain why a company exists and what its purpose is. 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. Requirements, How It Works, and Example, Social Entrepreneur: Definition and Examples, Not for Profit: Definitions and What It Means for Taxes. After careful consideration, the Board of Directors for MUDS recommends that its stockholders vote FOR the proposed business combination. All of your company's strategic steps should align with its mission. 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. 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. Stockholders, potential investors and other interested persons should read the proxy statement carefully when it becomes available before making any voting or investment decisions. The forward-looking statements in this press release speak as of the date of its filing. A mission statement should always be found somewhere on a company's website. 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. It is usually one sentence or a short paragraph, explaining a company's culture, values, and ethics. Identify important stakeholders. The Special Meeting will be completely virtual and conducted via live webcast. Stockholders of record as of June 30, 2021 will be entitled to vote at the Special Meeting. 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. 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. Please see the reconciliation of non-GAAP financial measures to the most closely comparable GAAP measures at the end of this press release. NEW YORK, April 06, 2021 (GLOBE NEWSWIRE) -- The Topps Company, Inc. ("Topps" or "the Company"), a global leader in sports and entertainment collectibles and confections, and Mudrick Capital. When available, these documents can be obtained free of charge from the sources indicated above. 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. Topps Living Set Fine Art Print #599 - Michael Harris II. Readability grade; A. It will help keep my grades in check, helping me advance and achieve my career goals. Participants in the SolicitationMUDS, Topps and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitations of proxies from MUDS stockholders in connection with the proposed business combination. It demonstrates thoughtful leadership, reputability, and inspiration to potential investors, employees, or donors. TOPPS had a small armada of very fast boats (by mid-90s standards) and became a force to be reckoned with on the Gulf of Mexico coast. The places to go in our chosen markets and to entrench our position as southern africa's largest non-food retailer. Connect with clients Customers hire companies with whom they find a connection. June 22, 2021 07:00 ET Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA by net sales. The 3 Pillars of Corporate Sustainability, Ethical Standards You Should Expect From a Financial Advisor, 7 Popular Marketing Techniques for Small Businesses, 10 Phrases You Should Ban From Your Resume, Advantages and Disadvantages of Mission Statements, Core Competencies in Business: Finding a Competitive Advantage, Value Proposition: How to Write It With Examples, Corporate Culture Definition, Characteristics, and Importance, What Is Brand Management? The non-GAAP measures should not be considered in isolation from, or as an alternative to, financial measures determined in accordance with GAAP. A slogan is a very brief, often memorable phrase that people primarily outside of your company can remember. Net income for the first quarter of 2021 was $23.4 million compared to $0.4 million in the first quarter of 2020. The decrease primarily reflects a favorable impact of foreign exchange on the remeasurement of intercompany balances due to a stronger British Pound Sterling versus the US Dollar exchange rate, partially offset by higher employee-related costs in the first fiscal quarter of 2021 compared to the first fiscal quarter of 2020. Topps MLB Living Set Card #599 - Michael Harris II. The Topps Company Mission, Vision & Values Are you in HR or Marketing for The Topps Company? 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.". 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. 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. Independence for you to do your best work to grow the business. 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 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. The company is led by Chief Executive Officer and Chairman of the Board of Directors, Jason Mudrick, Chief Financial Officer, Glenn Springer, Vice President, Victor Danh and Vice President, David Kirsch. One method of brainstorming ideas of a mission statement is to think about personal experiences from the company. $19.99. He teaches accounting, helping promote financial education and awareness. It should be limited to one sentence, though it shouldn't be too limiting as it should encompass the entire company's purpose. 50 Excellent Nonprofit Mission Statements. 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. 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. Maybe you value quality, customer service, or being sustainable. This could also include soliciting ideas or memories from employees. 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. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be included in MUDS preliminary and definitive proxy statement when it becomes available. Mission statements aren't just for small or large companies. A good mission statement is concise. Investors are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. 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%. For example, an ethical investor against tobacco products would probably not invest in a company whose mission is to be the largest global manufacturer of cigarettes. Work with a passionate, confident and humble team. ET. . by Topps and Disney Collect! Company Description: For football and basketball fans, it's all in the cards. Stockholders, potential investors and other interested persons should read the proxy statement carefully when it becomes available before making any voting or investment decisions. 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. TOPP's Mission Statement: TOPP Industries, Inc. is committed to its customers and its product, and realizes that quality, price, and selection is its main responsibility. * Jeffrey Abrahams's THE MISSION STATEMENT BOOK was hailed by the Washington Post as a landmark volume. 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. Fiberglass Basins, Covers and Accessories. 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. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by net sales. 30. Claim This Page Mission, Vision & Values at Similar Size Companieson Comparably Collective Health 201-500 Employees Blend 201-500 Employees A mission statement doesn't give much opportunity for a rebuttal to clarify or further explain what a company is all about. by Topps and Disney Collect! In addition, be mindful to periodically review your mission statement. A company's goals or business plan may be publicly disclosed or kept private/internal. 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. 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! 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. After you've drafted it, remember to look it over, edit it, and have someone else give it a once over. 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.". 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. Gary Gibson was elected TOPPS first President, Max Westerfield became TOPPS second President and the club saw a quick rise in membership throughout its first decade with members boats topping 105 in numbers. If your mission statement doesn't inspire you, you need to 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. 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. To craft a mission statement, consider how your company impacts customers, donors, investors, or your community and why you strive to help these parties. 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. Investors are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The non-GAAP measures should not be considered in isolation from, or as an alternative to, financial measures determined in accordance with GAAP. These are key points to outline in your mission statement. TOPP Industries, Inc. is committed to its customers and its product, and realizes that quality, price, and selection is its main responsibility. Remember to keep the mission statement short and to the point. In some cases, mission statements eventually become household phrases. In order to keep up with today's high competitive market, the quality of our product must surpass the industry standards. The company is led by Chief Executive Officer and Chairman of the Board of Directors, Jason Mudrick, Chief Financial Officer, Glenn Springer, Vice President, Victor Danh and Vice President, David Kirsch. 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. Read on for a breakdown of the company's mission and vision statements and its core values. To provide the best community association management software solution backed by amazing customer service. 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. Fun office atmosphere. First, outline what your company does. 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. Consequently, having like-minded employees with similar goals makes it easier to achieve your company goals and OKRs. 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. Rather, it crafted its mission statement around the possibilities it presented through its product. 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. Although a mission statement is brief, it is longer and relatively more detailed compared to a slogan. 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 is a brief description of the overarching meaning of the company or nonprofit. The resources spent on a bad mission statement could be better spent elsewhere, creating an opportunity loss. 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. 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. 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.. 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. After you've approved it, you'll need to find a way to incorporate it wherever you can. The reconciliation presented above reconciles the non-GAAP financial measure Adjusted EBITDA to the GAAP financial measure net income for the thirteen weeks ended April 3, 2021 and the fourteen weeks ended April 4, 2020. A mission statement is used by a company to explain, in simple and concise terms, its purpose(s) for being. 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. Instead of being technicalthat's not the point herethink of what values go into the core of your business. $14.99. Because it's so brief, it is easy to memorize. MUDS and Topps undertake no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. In the marketplace, and create a powerful connection with consumers around the world. You can find more information about MUDS directors and executive officers in MUDS Amendment No. Work from home Explore work from home during COVID-19, remote work support and work-life balance. 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. We also reference original research from other reputable publishers where appropriate. As a company grows, its objectives and goals may be reached, and in turn, they'll change. A mission statement only holds value if it is shared with existing and potential customers, vendors, donors, or employees. 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. You can learn more about the standards we follow in producing accurate, unbiased content in our. For additional information visit topps.com, play.toppsapps.com, toppsdigitalservices.com, Candymania.com, investors.thetoppscompany.com. 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! 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 SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(Amounts in thousands, except share data), TOPPS INTERMEDIATE HOLDCO, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME(Amounts in thousands)(unaudited), TOPPS INTERMEDIATE HOLDCO, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Amounts in thousands) (unaudited), TOPPS INTERMEDIATE HOLDCO, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CASH FLOWS(Amounts in thousands)(unaudited), TOPPS INTERMEDIATE HOLDCO, INC. AND SUBSIDIARIESRECONCILIATION OF CONSOLIDATED ADJUSTED EBITDA TO NET INCOME(Amounts in thousands)(unaudited). For more than a decade, the number one choice for environmental and economical solutions is TOPP Industries. This compensation may impact how and where listings appear. 97% Reach. NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) -- The Topps Company, Inc. ("Topps" or "the Company"), a global leader in sports and entertainment collectibles and confections, today announced . 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.

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