topps mission statement

A company should take as long as it needs to craft the right statement to describe its mission. 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. Last, a mission statement adds validity to an organization. TOPS [ONE] is a platform that serves all of the stakeholders of your community association's ecosystem. A mission statement is a declaration of what your company does and why it exists. A mission statement is used by a company to explain, in simple and concise terms, its purpose(s) for being. The Special Meeting will be completely virtual and conducted via live webcast. The statement is generally short, either a single sentence or a short paragraph. Throughout the years TOPPS has donated over $100,000 dollars to charities like the Sunshine Kids amongst others and also to the Clear Lake Chamber of Commerce for their Fourth of July Fireworks Spectacular. 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. 50 Excellent Nonprofit Mission Statements. After the bulk of the work has been done, companies may struggle with "wordsmithing" or simply rearranging words instead of trying to generate value. 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. These include white papers, government data, original reporting, and interviews with industry experts. Describe how the company operates. Brand management is a marketing function that uses brand management techniques to increase the perceived value of a product line or brand over time. 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. On June 22, 2021, MUDS filed an amendment to its preliminary proxy statement which includes Topps complete First Quarter 2021 financial results. 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. A mission statement does not explain what a company does or how it does it. A personal mission statement can help you identify your values and goals, defining what matters most to you professionally. Investor ContactTom Filandro and Brendon Frey, ICR, [email protected], Media Contact Keil Decker, ICR, [email protected], 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). These personal mission statements often incorporate the financial, professional, spiritual, and relational aspects of life. 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 Texas Offshore Performance Squadron (TOPPS) was formed in 1985 in Clear Lake, Texas by a small group of high performance boating enthusiasts, many of whom had graduated from hot rod lake and drag boatsnot to mention hot cars! Fanatics' trading card entity is valued at $10 billion after a $350 million round of funding last September. Stockholders of MUDS will also be able to obtain copies of the proxy statement and other documents filed with the SEC, without charge, once available, at the SECs website at www.sec.gov. 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. 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. A mission statement only holds value if it is shared with existing and potential customers, vendors, donors, or employees. 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. 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. The mission statement defines what an organization does and includes tangible goals which the organization strives to accomplish. Students' Personal Mission Statement Examples. . 2016 Topps Star Wars Rogue One: Mission Briefing trading cards at a glance: Packs per box: 24 Cards per pack: 8 Boxes per case: 12 Set size: 110 cards Release date: September 30, 2016 What to. 8th-grade reading level. Once a mission statement is crafted, it's up to the company to make it publicly known. It should also be clear and inspiring. 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 good mission statement is concise. Alternatively, you may foster creativity and innovation in your business. Your organization should refer to your mission statement often as you: Additional information regarding MUDS may be found at: www.MudrickCapitalAcquisitionCorp.com. Connect with clients Customers hire companies with whom they find a connection. 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. Second Quarter 2021 Financial HighlightsComparison of the Thirteen Weeks Ended July 3, 2021 to the Thirteen Weeks Ended July 4, 2020, Net sales increased by $92.8 million, or 77.7%, to $212.2 million, Gross margin improved 350 basis points to 43.3%, Adjusted EBITDA* grew 144.0% to $55.1 million, Adjusted EBITDA margin* increased 710 basis points to 26.0%, Second Quarter 2021 Segment HighlightsComparison of the Thirteen Weeks Ended July 3, 2021 to the Thirteen Weeks Ended July 4, 2020, Sports & Entertainment segment net sales increased 86.5% to $151.5 million, Physical Sports & Entertainment net sales increased 87.7%, Digital Sports & Entertainment net sales increased 122.4%, Sports & Entertainment segment Adjusted EBITDA increased 137.8% to $53.6 million generating an Adjusted EBITDA margin of 35.4% compared to 27.8%, Confections segment net sales increased 58.8% to $60.7 million, Confections segment Adjusted EBITDA increased 71.1% to $11.9 million generating an Adjusted EBITDA margin of 19.6% compared to 18.2%, *Non-GAAP measure; complete definitions of Topps non-GAAP measures are provided herein under Non-GAAP Measures Disclosures., Michael Brandstaedter, Chief Executive Officer of The Topps Company stated, Our second quarter performance reflected the overall strength of our business. Net income for the second quarter of 2021 was $36.3 million, an increase of 176.4% compared to $13.1 million in the second quarter of 2020. Additional Information About the Proposed Business Combination and Where to Find ItIn connection with the proposed business combination involving MUDS and Topps, MUDS filed a definitive proxy statement with the SEC on July 30, 2021 relating to the proposed business combination, which has since been supplemented. 4. Non-cash and non-core losses/(gains), net. 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. 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. It often includes a general description of the organization, its function, and its objectives. Time Management Systems Mission Statements. Though a small component, a mission statement helps customers, employees, and investors form an opinion of a company. A value statement often includes actionable direction such as "taking ownership", "acting ethically", "doing what is right", or "being transparent." A good mission statement also focuses on the long-term goal it wishes to deliver to customers. 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. Fun office atmosphere. A mission statement is not required, though it may be a grant application for a nonprofit or asked for by an interested investor of a company. Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by net sales. 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. If your mission statement doesn't inspire you, you need to in definitive proxy or information statements incorporated by reference in Part III of this form 10-K or any amendment of this Form 10-K. ; Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer or a non-accelerated filer On that beautiful summer day setting on the upper deck a discussion took place on the subject of starting a High Performance Boat Club. A good mission statement should have the following characteristics : 1) Feasibility : A good mission statement should always be a wide-ranging goal, but it should also be achievable. 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 . The increase was primarily due to higher employee-related costs in the second fiscal quarter of 2021 compared to the second fiscal quarter of 2020, which had lower marketing and employee-related costs primarily due to cost reductions associated with the COVID-19 pandemic. A mission statement might slightly overlap other marketing content, but it is different from a vision statement, value statement, brand, or slogan. 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. 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 This includes its marketing materials, engagement in community events, reviews from current and former employees, and its logo presence. Such forward-looking statements may include estimated financial information, including with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of MUDS, Topps or the combined company after completion of the proposed business combination, and are based on current expectations that are subject to known and unknown risks and uncertainties, which could cause actual results or outcomes to differ materially from expectations expressed or implied by such forward-looking statements. Quite simply, we produce working solutions that make sense and make a difference - now and for the future. It also helps the organization focus and stay on track to make the right decisions about its future. With a mission statement, a company's customers and investors can rest assured that the company is fully committed to achieving its goals and maintaining its values. To craft a mission statement, consider how your company impacts customers, donors, investors, or your community and why you strive to help these parties. 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. However, it is more direct in guiding how decisions will be made and what will impact the daily culture of the organization. *Too short for readability grading, but clearly easy to understand. TOPS Vision Statement. 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. These entities can use this statement to align their goals with that of the company. OutlookFor 2021, the Company now expects net sales to be in the range of $740 million to $760 million, representing an increase of 31% to 34% over 2020 net sales of $567 million. The forward-looking statements in this press release speak as of the date of its filing. Investor ContactTom Filandro and Brendon Frey, ICR, [email protected], Media Contact Keil Decker, ICR, [email protected], 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).