Zondervan Leadership Team Moves to Nashville (publishersweekly.com)

*GAAP Results: Revenue of $491 million (-5% vs. prior year), Operating loss of $67 million (-$113M vs. prior year), and EPS loss of $1.29 (-$1.92 vs. prior year). Losses primarily due to non-cash goodwill impairment in Education Services/University Services and restructuring charges *Fiscal 2023 Outlook: Reduced to reflect increased Academic headwinds and a publishing pause in a Hindawi special issues program *Accelerating wide-ranging simplification and optimization efforts to drive meaningful margin improvement

For the Twelve Months Ended January 1, 2022 (52 Weeks) Net sales increased 29% to $1,411.0 million, compared to $1,091.7 million in the prior year. *DTC channel net sales increased 35% to $784.7 million, compared to $580.9 million in the prior year period, driven by both Drinkware and Coolers & Equipment. The DTC channel grew to 56% of net sales, compared to 53% in the prior year. *Wholesale channel net sales increased 23% to $626.3 million, compared to $510.9 million in the same period last year, primarily driven by both Drinkware and Coolers & Equipment. *Drinkware net sales increased 32% to $832.4 million, compared to $628.6 million in the prior year period, due to the continued expansion of our Drinkware product offerings, including the introduction of new colorways and sizes, and strong demand for customization. *Coolers & Equipment net sales increased 24% to $551.9 million, compared to $446.6 million in the same period last year. The strong performance was driven by growth in bags, outdoor living products, soft coolers and hard coolers.

Tiny Prints, the leader in premium personalized stationery, is proud to share a new home with Shutterfly, its sister brand since 2011. At www.shutterfly.com/tinyprints, customers can enjoy the luxe stationery designs they have come to count on from Tiny Prints, plus seamless access to Shutterfly's free unlimited photo storage and their wide range of photo books, personalized gifts, home décor collections, all with the convenience of a single login. With a renewed emphasis on exceptional designs, today also marks the debut of Tiny Prints Limited Edition Collection, a curated selection of designs by celebrated artists, available for a limited time only. The debut collection features beautiful personal stationery from Tobias Tovera, Stina Persson and Justina Blakeney. • Tobias Tovera is an American visual artist recognized for his work in painting and the sensory surrounds of his multi-media installations. A San Francisco Bay Area local, his paintings explore color and movement, making it the perfect backdrop for luxe foil lettering. • Stina Persson is a Swedish artist, who strives to balance the bold with the delicate, creating a dynamic aesthetic that translates beautifully on paper. She has spent much of her adult life abroad and draws her inspiration from people and faces around her. • Justina Blakeney is a designer, artist and author of the New York Times best-selling book The New Bohemians. Her signature designs are seeded with botanicals and bright colors and add a fun, wild and boho vibe to everyday stationery. Click Read More below for additional detail.