Kia America Debuts in US.

May 18, 2021

IRVINE, Calif., May 18, 2021 /PRNewswire-HISPANIC PR WIRE/ — Following the January global reveal of Kia’s dynamic new logo and brand relaunch, Kia Motors America is using the North American debut of its transformative electric vehicle, the EV6, to officially adopt the global Kia Plan S strategy and change its corporate name to Kia America. The new name is the most visible component of a complete brand transformation and follows Kia Motors Corporation’s recent change of name to Kia Corporation.

Plan S, or Plan Shift, is Kia’s ambitious $25 billion transformative strategy. Plan S includes sustainable mobility, delivery vehicles and personal transport solutions through Kia’s PBV platform as well as developing Kia’s Mobility as a Service strategy. Plan S will also see the launch of 11 EVs on a global basis by 2026. The first advanced-platform EV as part of Plan S will be the EV6, set to go on sale in U.S. in early 2022.

“This is an important and inspiring time in Kia’s history,” said Sean Yoon, president and CEO, Kia America and Kia North America. “On a global scale, our brand is sharpening its identity, and defining a sustainable, purposeful strategy within existing, new and to-be -developed vehicle segments as well as larger efforts we are now ready to pursue. Today’s announcement signals that Kia in the US is fully aligned with Kia Corporation’s global strategy and primed for continued success.”

The new logo resembles a handwritten signature and will continue to roll out on all 2022 vehicles. The design of the new logo is simple but dramatically effective: the rising movement of the two diagonal strokes are accentuated by beveled ends and reveals an unexpected subtext, “Ki,” or “to rise.” Narrow connections between the characters emphasize the power and energy of movement, and the wide proportions of the three vertical pillars reinforce stability and provide a confident and balanced appearance.

The new strategy announcement comes as Kia celebrate two consecutive best-ever US sales months in March and April, 2021.

Kia America forms part of Kia North America, which includes Kia America’s headquarters in Irvine, CA and Kia’s manufacturing facility in West Point, GA. Kia North America also includes the brand’s presence in Canada and Mexico, including the manufacturing facility in Nuevo León, Mexico. Kia Corporation operates the Kia Design Center America in Irvine, CA and R&D facilities across the U.S.

Kia America – about us
Headquartered in Irvine, California, Kia America continues to top quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the “Official Automotive Partner” of the NBA and offers a complete range of vehicles sold through a network of more than 750 dealers in the U.S., including cars and SUVs proudly assembled in West Point, Georgia.

For media information and content, visit www.kiamedia.com. To receive custom email notifications for press releases, subscribe at www.kiamedia.com/us/en/newsalert.

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SOURCE Kia America

National Kidney Foundation Urges Kidney Patients to Continue Masking, Social Distancing

May 18, 2021

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Foundation urges CDC to issue guidelines for immune compromised patients and study need for booster vaccines

NEW YORK, May 18, 2021 /PRNewswire-HISPANIC PR WIRE/ — In light of new CDC masking guidance issued last week indicating that people who are fully vaccinated can resume activities without wearing a mask or physically distancing, the National Kidney Foundation urges patients with advanced kidney disease, including transplant and dialysis patients and patients requiring immunosuppression for treatment of kidney disease, to continue masking and practice social distancing, even if they are fully vaccinated. A new study published in the medical journal JAMA indicates that people with solid organ transplants, like kidney transplants, and others who are immune compromised, such as dialysis patients, may not receive the same level of antibody immunity from the COVID-19 vaccine as other people. The new study indicated that 46% of solid organ transplant patients had no antibody immunity from the vaccine but other patients did have some immunity. The study did not evaluate cell-mediated immunity which is also important for vaccine protection.

“As more of the nation starts to forego mask wearing in public places, people who are immune compromised, such as transplant and dialysis patients, must continue to protect themselves even after vaccination,” said Joseph Vassalotti, MD, Chief Medical Officer, National Kidney Foundation. “While this small and preliminary study indicates that the COVID-19 vaccine appears to be less effective for transplant patients or others who are immune compromised, half of the participants did receive some protection from the vaccine. Kidney patients and members of their households should still get vaccinated. We are still learning about how well vaccines protect kidney patients, so some extra caution during this time is important.”

In a letter sent today to the CDC, NKF urged that the agency develop new guidelines for immune compromised patients on masking and social distancing even if they are vaccinated. In addition, NKF is urging the CDC to urgently conduct research on the effectiveness of the vaccine in immune compromised patients and to conduct studies to determine if a booster shot may be required to offer more protection from COVID-19.

“Many vaccines do not offer the same protection to immune compromised patients as the general public. Given COVID-19 can be deadly, it’s important that kidney patients get the vaccine while still continuing to protect ourselves until further studies on vaccine efficacy are conducted,” said Kevin Longino, CEO, National Kidney Foundation and a kidney transplant patient. “The vaccine may not be as effective in people like us, but it may still help reduce the severity of the virus including hospitalizations and death.”

Immune compromised patients who become infected with COVID-19 should seek treatment with antibody therapy right away and not wait for symptoms to develop.

“If kidney patients become infected with COVID-19 it’s critical to speak with their doctor to start antibody therapy right away,” added Dr. Vassalotti. “While we’re all ready to get back to normal, until the country has herd or population immunity, patients with advanced kidney disease including transplant and dialysis patients or patients requiring immunosuppression for treatment of their kidney disease should continue masking and social distancing even if you’re fully vaccinated.”

For more information about COVID-19 and kidney disease, visit kidney.org/covid-19 or call our toll-free helpline, 855-NKF-CARES.

Kidney Disease Facts
In the United States, 37 million adults are estimated to have chronic kidney disease—and approximately 90 percent don’t know they have it. 1 in 3 adults in the U.S. are at risk for chronic kidney disease. Risk factors for kidney disease include: diabetes, high blood pressure, heart disease, obesity, and family history. People of Black or African American, Hispanic or Latino, American Indian or Alaska Native, Asian American, or Native Hawaiian or Other Pacific Islander descent are at increased risk for developing the disease. Blacks or African Americans are almost 4 times more likely than White Americans to have kidney failure. Hispanics are 1.3 times more likely than non-Hispanics to have kidney failure.

Approximately 750,000Americans have irreversible kidney failure and need dialysis or a kidney transplant to survive. More than 500,000 of these patients receive dialysis at least three times per week to replace kidney function. Nearly 100,000 Americans are on the waitlist for a kidney transplant right now. Depending on where a patient lives, the average wait time for a kidney transplant can be upwards of three to seven years.

About the National Kidney Foundation
The National Kidney Foundation (NKF) is the largest, most comprehensive, and longstanding patient-centric organization dedicated to the awareness, prevention, and treatment of kidney disease in the U.S. For more information about NKF, visit www.kidney.org.

Facebook.com
twitter.com/nkf
www.kidney.org

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SOURCE National Kidney Foundation

SBS Unveils Virtual 2021 Hispanic Media Upfront: It Happens Here

May 18, 2021

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MIAMI, May 18, 2021 /PRNewswire-HISPANIC PR WIRE/ — Spanish Broadcasting System, Inc. (SBS) (OTCQX: SBSAA), the leading Hispanic-owned and minority certified multimedia and entertainment company in the U.S., unveiled today its virtual 2021 upfront: It Happens Here. Through a series of curated videos, SBS executives discuss how the company’s culturally relevant audio, digital, video and live music experiences have successfully engaged U.S. Hispanics for over four decades while also serving as a springboard for the careers of many popular Latin music artists and celebrities.

Raúl Alarcon, Chairman of SBS, stated, “Now more than ever, it’s imperative for brands to have a Hispanic media marketing strategy to grow their business. We are leaders in developing multi-platform, culturally relevant content and experiences that connect our audience to their Latino roots and celebrate their heritage. If brands want to make an authentic connection with our community, the message is loud and clear: As far as Latino culture and entertainment is concerned, it happens here at Spanish Broadcasting System.”

The company’s It Happens Here virtual upfront will provide viewers a deeper understanding of the power, reach, distribution and content of Spanish Broadcasting System and it’s multimedia portfolio as well as upcoming ’21-22 opportunities for brand integrations through innovative, scalable cross-platform solutions to reach the diverse Latino market.

“As we recover and rebuild from the challenges of the COVID-19 pandemic, we also wanted to take this opportunity to reaffirm our commitment to the Latino community,” said Albert Rodriguez, COO of Spanish Broadcasting System. “Empowering, entertaining and uplifting the Latino community is at the core of everything we do and we want the world to know that we have the leadership, the team, content and the platform that effectively reaches and culturally engages over 25 million Latinos on a weekly basis.”

“We are proud to be the only Hispanic-owned and operated multimedia company as certified by the National Minority Supplier Development Council, and to be serving the largest minority group in the nation, which represents 18% of the U.S. population,” touted Elisa Torres, EVP of AIRE Radio Networks and SBS National Sales. “We’re the tastemakers and masterminds behind all of the content and programming that addresses Latino cultural nuances, because we are the audience. If brands are looking to reach Hispanics effectively and authentically, we want them to know that “It Happens Here at SBS.”

The concept of “It Happens Here” derived from the fact that SBS has been the home of many ‘first’ experiences for Latin artists, celebrities and listeners alike. The first time Jennifer Lopez performed live in her home state, New York, was at a Mega concert at Madison Square Garden. SBS was one of the first stations to play J Balvin and Ozuna’s music, and the first time Luis Fonsi performed his hit Diamond status single, “Despacito,” live was at the SBS upfront presentation in 2019 – the same upfront where Karol G, who is now recognized as one of the biggest female names in reggaeton music, also performed. Listeners often call in to SBS local stations to share that their first live Latin music concert was an SBS Entertainment event or the first time they heard their favorite artists was on their favorite SBS audio station.

“From megastars like Julio Iglesias, Vicente Fernandez, Camilo Sesto, Jose Luis Rodriguez, to the superstars of today like J. Balvin, Jennifer Lopez, Bad Bunny, Marc Anthony and Ozuna, to the as yet undiscovered artists of tomorrow, we’re also extremely proud to be the launching platform for some of the biggest artists in Latin music, a genre defined as a global sound,” continued Alarcón.

SBS 2021-22 virtual upfront “It Happens Here” can be viewed exclusively at www.ItHappensHereatSBS.com.

About Spanish Broadcasting System, Inc.

Spanish Broadcasting System, Inc. is a leading Hispanic media company that owns and operates 17 radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Spanish Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Latin Rhythmic format genres. SBS also operates AIRE Radio Networks, a national radio platform which creates, distributes and markets leading Spanish-language radio programming to over 300+ affiliated stations reaching 95% of the U.S. Hispanic audience. SBS also owns MegaTV, a television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico. SBS also produces live concerts and events and owns multiple bilingual websites, including www.LaMusica.com, an online destination and mobile app providing content related to Latin music, entertainment, news and culture. For more information, visit us online at www.spanishbroadcasting.com.

SBS Contacts:

Elisa Torres, Executive Vice President

AIRE RADIO NETWORKS

Via email: [email protected]

Media/ Press Contacts

Vladimir Gomez

VP Corporate Communications

Via email: [email protected]

Brad Edwards, Principal

The Plunkett Group

Via email: [email protected]

Logo – https://mma.prnewswire.com/media/460768/spanish_broadcasting_system_inc__logo.jpg

SOURCE Spanish Broadcasting System, Inc.

(Español) Nuevo informe de los CDC revela que mueren más adultos por accidentes relacionados con las bicicletas; la CPSC dice que eso resalta la importancia de usar cascos

May 18, 2021

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The U.S. Consumer Product Safety Commission is an independent federal agency created by Congress in 1973 and charged with protecting the American public from unreasonable risks of serious injury or death from more than 15,000 types of consumer products under the agency's jurisdiction. To report a dangerous product or a product-related injury, call the CPSC hotline at 1-800-638-2772, or visit http://www.saferproducts.gov. Further recall information is available at http://www.cpsc.gov.

Sorry, this entry is only available in Español.

Think Coffee Launches its Coffee-Break-At-Home Program

May 18, 2021

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NEW YORK, May 18, 2021 /PRNewswire-HISPANIC PR WIRE/ — Think Coffee just launched its Coffee-Break-At-Home program, which is perfect for keeping spirits high and staff caffeinated while they work remotely or in the hybrid work environment.

As Dennis Crowley, founder of Foursquare, put it: “In a time when our whole team was away from the office, we partnered with Think Coffee so we could reach out to the team and show we were thinking of them. It helped us bring a little bit of NYC to our employees’ homes all across the country, and it felt like a nice way to say we appreciate all the work they were doing from home.”

For the cold brew lover, Think Coffee — which has been serving great tasting cold brew in its cafes for more than a decade — is now delivering that same smooth, cafe-quality cold brew in a convenient, shelf-stable boxed format. Each box fits neatly in a home refrigerator and delivers 16 servings of delicious cold brew on tap.

For the hot coffee lover, Think Coffee is shipping two bags of its whole bean or ground coffee. Each is meticulously sourced and imported by Think Coffee and roasted in Brooklyn. Every coffee supports a project at origin that improves the lives of vulnerable farmworking communities.

Every box — whether for the cold brew or hot coffee lover — is a flat price of $35, including shipping.

About Think Coffee: Think Coffee is an independent NYC coffee company with 11 locations in Manhattan that sources all of its own coffee directly from farmers and imports and roasts it in Brooklyn.

Contact: Tim Tate
(716) 299-8184
[email protected]

SOURCE Think Coffee

Vexus Fiber Announces Plans To Build New $50M Fiber Optic Broadband Network In Tyler, Tx

May 18, 2021

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New 100% Fiber Optic Network in Tyler Will Benefit From New Investment

LUBBOCK, Texas, May 17, 2021 /PRNewswire-HISPANIC PR WIRE/ — Vexus Fiber, a leading fiber service provider in Texas, announced that it is bringing its 100% fiber-to-the-home network to the city of Tyler, Tx. The network will connect over 40,000 homes and businesses in the area to Vexus’ 100% pure fiber network.

“We are thrilled to announce our expansion into Tyler,” says Jim Gleason, CEO of Vexus. “Vexus’ fiber network will provide homes and businesses with a new, competitive choice for Internet, TV and phone services. Our network is built with future-proof technology that provides a reliable, world-class Internet connection, and fosters additional growth and economic development for Tyler. Given that we are a Texas-based provider we plan to bring our Texas hospitality and customer service to go along with our robust network.”

With construction beginning in 2021, Vexus Fiber plans to have full-network completion within 24 months. Some neighborhoods and businesses in Tyler will see network availability in 2022.

This network extension is part of an ongoing construction plan financed by existing investors Pamlico Capital and Oak Hill Capital, who have agreed to invest an additional $50 million towards the expansion into Tyler, Tx. “We are extremely pleased with the progress the team at Vexus Fiber delivers. They continue to bring gigabit capacity to residents of cities in Texas and Louisiana,” added Art Roselle of Pamlico Capital.

Fiber Internet service is more reliable because it has a higher data capacity and bandwidth, is less susceptible to outside interference, and has a much lower latency than a traditional copper connection. Vexus Fiber service will deliver up to 10 Gig Internet speeds, along with all-digital TV and phone service for residential customers. Business customers will have access to data connections scalable up to 10 Gigs, TeleCloud-hosted voice solutions as well as TV channel packages tailored for all business types.

Residents and businesses that are interested in Vexus Fiber services can visit connect.vexusfiber.com to express interest and receive updates on construction. Typically, residents will receive communication via email and mail about activity in their neighborhood 30 days prior to construction.

Additionally, Vexus plans to hire local management, sales, technical and customer service professionals to support the area. For those interested in joining the Vexus Fiber team visit vexusfiber.com/jobs.

About Vexus
Vexus is a leading provider of fiber-based communications solutions for both residential and business customers across Texas and Louisiana. As a technology leader in the industry, Vexus Fiber offers an extensive range of Internet connectivity over a true fiber-to-the-premise network. Services also include a robust HD Video platform, Voice, TeleCloud-hosted services and more. For more information, please visit vexusfiber.com.

Vexus Fiber Contact: Kyle Alcorn     573-481-2732
For Inquiries email: [email protected]
Pamlico Contact: Stuart Christhilf     704-404-7150
Oak Hill Contact: Dawn Dover          917 349 5621

SOURCE Vexus Fiber

Telemundo Presents Super Bowl LVI – First Ever Spanish-Language Broadcast Network To Televise A Super Bowl In The U.S.

May 18, 2021

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Telemundo Deportes Will Present the Entire Sunday Night Football Schedule for the Next 13 Seasons

MIAMI, May 18, 2021 /PRNewswire-HISPANIC PR WIRE/ — Telemundo Deportes, the home of the Biggest, Best, Global sports in Spanish-language, announced today it will present exclusive Spanish-language coverage of Super Bowl LVI, live on Telemundo on February 13, 2022 from Los Angeles, CA. This will mark the first time ever that a Super Bowl will be televised on a Spanish-language broadcast network in the U.S.

Telemundo Deportes will be the Spanish-language home of Sunday Night Football for the next 13 seasons. Under the new agreement, Telemundo Deportes will continue to present the NBC Sunday Night Football package, including all Sunday night regular-season games, the NFL Kickoff game, the annual Thanksgiving prime time game, two Wild Card games, and one Divisional Playoff Game. The distribution will expand with select games shifting to broadcast television, with Telemundo Network featuring both Super Bowl LVI and the Sunday primetime Wild Card game this coming season.

“We are thrilled to partner with the NFL to be the first to showcase the Super Bowl on a Spanish-language broadcast network and to bring the entire SNF schedule to the growing U.S. Hispanic NFL audience,” said Ray Warren, President of Telemundo Deportes. “We look forward to 2022 when we’ll present fans the most powerful content in sports beginning the year with the NFL Playoffs and Super Bowl LVI, and wrapping it up with the FIFA World Cup Qatar 2022 in the fall, creating a unique opportunity to merge the worlds of fútbol and football exclusively across all Telemundo Deportes platforms.”

In the 2021 NFL season, Universo will televise 22 NBC NFL games, beginning Thursday, September 9 at 8 p.m. ET with NFL Kickoff 2021 featuring Tom Brady and the Super Bowl-champion Tampa Bay Buccaneers facing Dak Prescott and the Dallas Cowboys. The game will be followed by the season opener of Sunday Night Football featuring the Los Angeles Rams vs. Chicago Bears, live on Universo on Sunday, September 12 with coverage beginning at 8 p.m. ET.

“We are delighted to partner with Telemundo Deportes to continue enhancing game availability and the overall fan experience for the extremely passionate Latino NFL fanbase for years to come,” said Amanda Herald, NFL Vice President, Marketing Strategy. “We are especially excited to expand Telemundo broadcast coverage to Super Bowl LVI as we look to engage fans both in the host city of Los Angeles – the largest Spanish speaking region in the country – and nationwide.”

Telemundo Deportes’ game coverage throughout each NFL season will be complemented by NFL content across Telemundo Deportes platforms, including dedicated NFL segments on Zona Mixta, Titulares y Más and Telemundo Deportes digital platforms, along with highlights, features and specials.

The 2021 NFL season will be the ninth season that Telemundo Deportes will present NFL games. Last season was the first time that Sunday Night Football’s full schedule was available on Spanish-language television in the U.S. and will continue through 2033. Past coverage has included various Thursday and Sunday Night Football presentations including two Super Bowls on Universo (2015 and 2018).

Telemundo Deportes is the U.S. leading sports brand and destination for the biggest, best global sports programming in Spanish-language. Home to two of the world’s most popular sporting events: the FIFA World Cup™ through 2026 and the Olympic Games through 2032, Telemundo Deportes delivers a comprehensive roster of live and studio programming. It presents Spanish-language coverage of Premier League, is the exclusive U.S. home of Liga MX’s Chivas de Guadalajara home matches and presents FIFA World Cup™ CONCACAF qualifying matches for most of the region, including the Mexico and USA national teams’ away matches. Telemundo Deportes also delivers Spanish-language coverage of NFL’s Sunday Night Football, Boxeo Telemundo, the #1 boxing program in Spanish, the digital sports news and entertainment commentary show Titulares y Más (TYM), and Zona Mixta on weekends, among other recognized sports properties.

SOURCE NBCUniversal Telemundo Enterprises

The Home Depot Announces First Quarter Results

May 18, 2021

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ATLANTA, May 18, 2021 /PRNewswire-HISPANIC PR WIRE/ — The Home Depot^®, the world’s largest home improvement retailer, today reported sales of $37.5 billion for the first quarter of fiscal 2021, an increase of $9.2 billion, or 32.7 percent from the first quarter of fiscal 2020. Comparable sales for the first quarter of fiscal 2021 increased 31.0 percent, and comparable sales in the U.S. increased 29.9 percent.

Net earnings for the first quarter of fiscal 2021 were $4.1 billion, or $3.86 per diluted share, compared with net earnings of $2.2 billion, or $2.08 per diluted share, in the same period of fiscal 2020. For the first quarter of fiscal 2021, diluted earnings per share increased 85.6 percent from the same period in the prior year.

“Fiscal 2021 is off to a strong start as we continue to build on the momentum from our strategic investments and effectively manage the unprecedented demand for home improvement projects,” said Craig Menear, chairman and CEO. “I am proud of the resilience and strength our associates have continued to demonstrate, and I would like to thank them and our supplier partners for their hard work and dedication to our customers.”

The Home Depot will conduct a conference call today at 9 a.m. ET to discuss information included in this news release and related matters. The conference call will be available in its entirety through a webcast and replay at ir.homedepot.com/events-and-presentations.

At the end of the first quarter, the Company operated a total of 2,298 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The Company employs approximately 500,000 associates. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

###

Certain statements contained herein constitute “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may relate to, among other things, the impact of the COVID-19 pandemic and the related recovery on our business, operations and financial results (which, among other things, may affect many of the items listed below); the demand for our products and services; net sales growth; comparable sales; effects of competition; our brand and reputation; implementation of store, interconnected retail, supply chain and technology initiatives; inventory and in-stock positions; state of the economy; state of the housing and home improvement markets; state of the credit markets, including mortgages, home equity loans and consumer credit; impact of tariffs; issues related to the payment methods we accept; demand for credit offerings; management of relationships with our associates, suppliers and service providers; international trade disputes, natural disasters, public health issues (including pandemics and quarantines, related shut-downs and other governmental orders, and similar restrictions, as well as subsequent re-openings), and other business interruptions that could disrupt supply or delivery of, or demand for, the Company’s products or services; continuation or suspension of share repurchases; net earnings performance; earnings per share; dividend targets; capital allocation and expenditures; liquidity; return on invested capital; expense leverage; stock-based compensation expense; commodity price inflation and deflation; the ability to issue debt on terms and at rates acceptable to us; the impact and expected outcome of investigations, inquiries, claims and litigation, including compliance with related settlements; the effect of accounting charges; the effect of adopting certain accounting standards; the impact of regulatory changes, including changes to tax laws and regulations; store openings and closures; guidance for fiscal 2021 and beyond; financial outlook; and the impact of acquired companies, including HD Supply Holdings, Inc., on our organization and the ability to recognize the anticipated benefits of those acquisitions. Forward-looking statements are based on currently available information and our current assumptions, expectations and projections about future events. You should not rely on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties – many of which are beyond our control, dependent on the actions of third parties, or are currently unknown to us – as well as potentially inaccurate assumptions that could cause actual results to differ materially from our expectations and projections. These risks and uncertainties include, but are not limited to, those described in Item 1A, “Risk Factors,” and elsewhere in our Annual Report on Form 10-K for our fiscal year ended January 31, 2021 and in our subsequent Quarterly Reports on Form 10-Q.

Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements other than as required by law. You are advised, however, to review any further disclosures we make on related subjects in our periodic filings with the Securities and Exchange Commission.

THE HOME DEPOT, INC. CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited)

	Three Months Ended
*in millions, except per share data*	May 2, 2021		May 3, 2020		% Change
Net sales	$	37,500	$	28,260	32.7	%
Cost of sales	24,758		18,635		32.9
Gross profit	12,742		9,625		32.4
Operating expenses:
Selling, general and administrative	6,374		5,829		9.3
Depreciation and amortization	587		520		12.9
Total operating expenses	6,961		6,349		9.6
Operating income	5,781		3,276		76.5
Interest and other (income) expense:
Interest and investment income	(6)		(17)		(64.7)
Interest expense	339		324		4.6
Interest and other, net	333		307		8.5
Earnings before provision for income taxes	5,448		2,969		83.5
Provision for income taxes	1,303		724		80.0
Net earnings	$	4,145	$	2,245	84.6	%

Basic weighted average common shares	1,071		1,073		(0.2)	%
Basic earnings per share	$	3.87	$	2.09	85.2

Diluted weighted average common shares	1,075		1,077		(0.2)	%
Diluted earnings per share	$	3.86	$	2.08	85.6

	Three Months Ended
Selected Sales Data ⁽¹⁾	May 2, 2021		May 3, 2020		% Change
Customer transactions (in millions)	447.2		374.8		19.3	%
Average ticket	$	82.37	$	74.70	10.3
Sales per retail square foot	$	605.60	$	466.58	29.8
———— (1) Selected Sales Data does not include results for the legacy Interline Brands business or results for HD Supply Holdings, Inc.

THE HOME DEPOT, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

*in millions*	May 2, 2021		May 3, 2020		January 31, 2021
Assets
Current assets:
Cash and cash equivalents	$	6,648	$	8,696	$	7,895
Receivables, net	3,624		2,610		2,992
Merchandise inventories	19,178		14,989		16,627
Other current assets	1,222		982		963
Total current assets	30,672		27,277		28,477
Net property and equipment	24,673		22,697		24,705
Operating lease right-of-use assets	5,864		5,634		5,962
Goodwill	7,137		2,220		7,126
Other assets	4,221		909		4,311
Total assets	$	72,567	$	58,737	$	70,581

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$	14,494	$	10,056	$	11,606
Accrued salaries and related expenses	2,167		1,974		2,463
Current installments of long-term debt	1,164		4,200		1,416
Current operating lease liabilities	803		853		828
Other current liabilities	9,130		6,265		6,853
Total current liabilities	27,758		23,348		23,166
Long-term debt, excluding current installments	34,697		31,622		35,822
Long-term operating lease liabilities	5,279		5,075		5,356
Other liabilities	3,085		2,182		2,938
Total liabilities	70,819		62,227		67,282
Total stockholders’ equity (deficit)	1,748		(3,490)		3,299
Total liabilities and stockholders’ equity	$	72,567	$	58,737	$	70,581

THE HOME DEPOT, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

	Three Months Ended
*in millions*	May 2, 2021		May 3, 2020
Cash Flows from Operating Activities:
Net earnings	$	4,145	$	2,245
Reconciliation of net earnings to net cash provided by operating activities:
Depreciation and amortization	703		607
Stock-based compensation expense	146		88
Changes in working capital	1,301		2,834
Changes in deferred income taxes	(87)		(68)
Other operating activities	102		31
Net cash provided by operating activities	6,310		5,737

Cash Flows from Investing Activities:
Capital expenditures	(524)		(586)
Other investing activities	(4)		8
Net cash used in investing activities	(528)		(578)

Cash Flows from Financing Activities:
Repayments of short-term debt, net	—		(974)
Proceeds from long-term debt, net of discounts and premiums	—		4,960
Repayments of long-term debt	(1,390)		(27)
Repurchases of common stock	(3,788)		(791)
Proceeds from sales of common stock	13		18
Cash dividends	(1,775)		(1,611)
Other financing activities	(130)		(125)
Net cash (used in) provided by financing activities	(7,070)		1,450
Change in cash and cash equivalents	(1,288)		6,609
Effect of exchange rate changes on cash and cash equivalents	41		(46)
Cash and cash equivalents at beginning of period	7,895		2,133
Cash and cash equivalents at end of period	$	6,648	$	8,696

Logo – https://mma.prnewswire.com/media/118058/the_home_depot_logo.jpg

SOURCE The Home Depot

Acura Scores Fourth Consecutive Victory at Mid-Ohio

May 18, 2021

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Ricky Taylor and Filipe Albuquerque won today's Acura Sports Car Challenge at Mid-Ohio, Acura's fourth consecutive win in IMSA sports car competition at the Mid-Ohio Sports Car Course, a streak that began in 2018.

LEXINGTON, Ohio, May 16, 2021 /PRNewswire-HISPANIC PR WIRE/ — Acura continued its winning streak Sunday at the Mid-Ohio Sports Car Course, as Wayne Taylor Racing’s Filipe Albuquerque and Ricky Taylor scored the fourth consecutive win for the Acura ARX-05 prototype in the Acura Sports Car Challenge at Mid-Ohio, Presented by the TLX Type S.

The stage was set for a thrilling finish when race officials called for a full-course caution with just over an hour remaining in the two-hour, 40-minute contest, following a multi-car GT class incident that left one car stalled just off the Mid-Ohio circuit. As racing prepared to resume with 45 minutes remaining, the six leading prototypes made what they hoped would be a final stop for fuel and tires, all at the very limit of their fuel range.

When the green flag waved for the final time, it was the #31 Cadillac of Felipe Nasr in the lead, but the second-running Taylor made a decisive pass for the lead in his Acura, and would hold off Nasr for the rest of the way, taking the win by a margin of 1.7 seconds.

The similar Meyer Shank Racing Acura ARX-05 of Olivier Pla and Dane Cameron ran as high as second at the mid-point of today’s race, but ultimately was one of several prototypes having to make a late stop for a “splash” of fuel, finishing fifth.

Acura NSX GT3 Evo
In the production-based GTD category, Jeff Kingsley and two-time defending class champion Mario Farnbacher produced a fifth-place finish in the first IMSA appearance for their Compass Racing team as an Acura team. Also making their 2021 IMSA debut the Gradient Racing Acura NSX GT3 Evo finished eighth in the hands of Marc Miller and Till Bechtolscheimer; while John Potter and Andy Lally combined to finish ninth in their Magnus with Archangel NSX.

Acura Sports Car Challenge at Mid-Ohio Race Results

1^st overall – #10 Ricky Taylor & Filipe Albuquerque, Wayne Taylor Racing Acura ARX-05 DPi
5^th overall – #60 Olivier Pla & Dane Cameron, Meyer Shank Racing Acura ARX-05 DPi
5^th GTD – #76 Mario Farnbacher & Jeff Kingsley, Compass Racing Acura NSX GT3 Evo
8^th GTD – #66 Mark Miller & Till Bechtolscheimer, Gradient Racing Acura NSX GT3 Evo
9^th GTD – #44 Andy Lally & John Potter, Magnus with Archangel Acura NSX GT3 Evo

DPi Manufacturers’ Championship (unofficial, after 3 of 10 rounds)
1. Acura           1,094
2. Cadillac        1,090
3. Mazda          1.017

Quotes
Ricky Taylor (#10 Wayne Taylor Racing Acura ARX-05) race winner, second win of 2021; fourth consecutive win for Acura at Mid-Ohio: “For Acura first of all, four in a row here at Mid-Ohio is just fantastic. Everybody’s here from Acura today, it’s great to keep the streak going for them. The fuel economy of this Acura was just outstanding today, and all credit to the team, really. In the closing laps, I was only pushing as hard as they told me I could. They had all the [fuel] numbers in their heads, and I was just trusting them. Filipe gave me the car in awesome condition and a good position [following his stints behind the wheel], and that played a big role as well. Happy we keep our [championship] points lead, and can’t wait to go on to the next one.”

Filipe Albuquerque (#10 Wayne Taylor Racing Acura ARX-05) race winner, second win of 2021: “Unbelievable race, this is all about IMSA. It was an amazing show for everyone. Two hours and 40 minutes of craziness. I fought hard during my stint and then it continued like this until the very last corner. It was an amazing strategy with the fuel, because everyone was tight. We were saying ‘Ricky you need to save fuel and hold position.’ We were asking everything from him, and he pulled it off. Thank you so much to everyone at the Konica Minolta and Acura. We’re trying new things with the limited experience we have with the car, and we’re pulling it off. It’s unbelievable. We can see how tough the championship will be because I was fighting with guys who ended up last and we won the race. That shows how much [things can change] during the race. It feels even better to be winning.”

Mario Farnbacher (#76 Compass Racing Acura NSX GT3 Evo) finished fifth in GTD: “First of all, Jeff [Kingsley, starting driver] made a great start in what was a very difficult weekend for him, as he really had no previous experience with the NSX. So for him, it was jumping into the deep end of a new environment. But he improved all weekend and was a big part of the good result we achieved today. When I got in the car, right away it was pretty good. We lost a bit of paste in the second half of our stints, and that’s something we need to continue to work to make better.

Jon Ikeda (Acura Brand Officer) on today’s fourth consecutive win for Acura at Mid-Ohio: “Amazing. Amazing day, and an amazing race. This is why we’re racing sports cars in IMSA, it’s the most incredible racing I’ve ever seen. This is so good for Acura, and everyone from HPD [Honda Performance Development]. I can’t say enough about Wayne Taylor Racing, Filipe [Albuquerque] and especially Ricky [Taylor]. And the fact that I got to watch all of it with [race grand marshal] Helio Castroneves in the house, it was just an incredible race all round.”

Fast Facts

Acura is undefeated in four consecutive races at Mid-Ohio since returning to prototype competition in 2018. Prior to today’s win, Helio Castroneves and Ricky Taylor won for Acura Team Penske in 2018 and 2020; teammates Dane Cameron and Juan Pablo Montoya won for Acura in 2019.
The new Acura TLX Type S made its public debut in the Acura Fan Zone Display area. Building on a lineage of driver-focused refinement, the all-new TLX Type S is the most powerful Acura sedan ever. The TLX Type S features a dual-scroll turbo V-6 engine that delivers 355 horsepower, sent to all four wheels via rear-biased Super Handling All-Wheel Drive for blistering acceleration and confident handling.
American Honda operates a dozen corporate, manufacturing and R&D facilities in central Ohio, all within a short drive of Mid-Ohio and employing more than 10,000 associates.

Next
The Motor City of Detroit is the next stop in the 2021 WeatherTech SportsCar Championship, for the Detroit Grand Prix, Presented by Lear. One of two 100- minute “sprint races” on the IMSA calendar, the race takes place Saturday, June 12 on the tight and bumpy Belle Isle Park temporary street circuit, with live television coverage on the NBC Sports network.

Social media content and video links from this weekend’s Acura Sports Car Challenge at Mid-Ohio are available on Instagram (www.instagram.com/hondaracing_hpd), Twitter (www.twitter.com/HondaRacing_HPD) and Facebook (www.facebook.com/HondaRacingHPD). Additional features and long-form videos can be found on the Honda Racing/HPD YouTube channel (https://www.youtube.com/HondaRacingHPDTV).

Photo – https://mma.prnewswire.com/media/1511236/Ricky_Taylor_and_Filipe_Albuquerque.jpg
Logo – https://mma.prnewswire.com/media/458749/acura_logo.jpg

SOURCE Acura Motorsports

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