Who is Arthur May? Denver City Council District 7 candidate Q&A

YETI Recalls 1.9 Mln Soft Coolers

YETI has recalled 1.9 million soft coolers and gear cases due to the risk of ingesting magnet.

According to the Consumer Product Safety Commission, the magnet-lined closures can fail and result in detached magnets, posing a risk of serious injury or death if ingested. When two or more high-powered magnets are swallowed, the ingested magnets can attract to each other, or to another metal object, and become lodged in the digestive system. This can result in perforations, twisting and/or blockage of the intestines, infection, blood poisoning and death.

The company has received 1,399 reports of the magnet-lined closures degrading or failing, including reports of missing or detached magnets. No magnet ingestions or injuries have been reported.

The recall involves the YETI Hopper M30 Soft Cooler 1.0 and 2.0, Hopper M20 Soft Backpack Cooler and SideKick Dry Gear Case. The products have a main-pocket closure lined with high-powered magnets, which are enclosed in a heat-sealed plastic strip.

The M20 Soft Backpack Cooler measures about 18 inches wide and 18 inches high; the M30 Soft Cooler 1.0 and 2.0 is about 25 inches wide and 17 inches high; and the SideKick Dry Gear Case is about 11 inches wide and 7 inches high.

The recalled products were sold at Dick’s Sporting Goods, ACE Hardware, Academy Sports + Outdoors, YETI and other stores nationwide and online at www.yeti.com and www.amazon.com from March 2018 to January 2023 for about $50 for the SideKick Dry Gear Case, $325 for the Hopper M20 Soft Backpack Cooler and between $300 and $350 for the Hopper M30 Soft Cooler 1.0 and 2.0.

Stratec Sees Lower FY22 Sales

Stratec expects consolidated sales to be 274.6 million euros for the 2022 financial year compared to 287.3 million euros in 2021. The corresponds to a year-on-year reduction in sales by 4.4% and is due to the previous year’s strong basis for comparison on account of the pandemic.

For the 2023 financial year, Stratec expects constant-currency sales growth to be 8.0% to 12.0%, with this being driven in particular by rising growth contributions from system solutions newly launched onto the market.

Stratec expects its adjusted EBIT margin to decrease compared with the previous year and to amount to around 12.0% to 14.0%.

The company said it has decided to initiate and promptly implement a far-reaching efficiency enhancement program. Details of the associated measures and corresponding earnings improvement potential are expected to be announced during the second quarter of 2023.

The company will publish its 2022 Annual Report with complete figures on March 30, 2023.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Pedestrian killed, motorcyclist injured in Sheridan crash

A pedestrian was hit and killed by a motorcycle in Sheridan on Thursday, and the motorcyclist has been taken to a hospital with serious injuries.

The crash happened near West Hampden Avenue and South Federal Boulevard, the Sheridan Police Department said in a 7:09 p.m. Thursday tweet.

Southbound lanes of south Federal are closed from the 3500 block to the 3700 block, police said. An investigation into the crash is ongoing.

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UK economy grows defying the Bank of England’s recession fears

Jeremy Hunt delivers speech on plans for the UK economy

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The UK economy grew by 0.3 percent in January, the Office for National Statistics has found.

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Casino Group FY Loss Narrows

Casino Group (0HB1.L,CGUIY.PK), a French food retailer, reported that its net loss attributable to owners of the parent for fiscal year 2022 narrowed to 316 million euros or 3.36 euros per share from 534 million euros or 5.29 euros per share in the prior year.

Loss from continuing operations, group share, narrowed to 279 million euros from 280 million euros in 2021, which excluded the gain on the sale of Assai recognized in equity.

Underlying net loss from continuing operations, group share, was 102 million euros compared with underlying net profit of 89 million euros in 2021, reflecting lower trading profit owing to business in the first quarter in France and at Cdiscount, a rise in net finance costs in Latin America, and an accounting tax charge of 240 million euros relating to the review of capitalizable tax loss carryforwards in France.

Consolidated net sales were 33.6 billion euros in 2022, up 5.2% on a same-store basis, up 3.8% on an organic basis and up 10.0% as reported after taking into account the effects of exchange rates and fuel , the calendar effect and changes in scope.

The company said its board will recommend to the 2023 Annual General Meeting not to pay a dividend in 2023 in respect of 2022.

The company aims to complete its 400 million euros disposal plan in France by the end of 2023.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Who is Arthur May? Denver City Council District 7 candidate Q&A

Arthur May

Software product management
BS Computer Science, MS Computer Science, MBA
Husband, father and neighbor in Denver District 7 for 10 years

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