Utah Hockey Club narrows the choice of a permanent name to three finalists. It won't be the Yeti
SALT LAKE CITY — The Utah Hockey Club has chosen three finalists for the permanent team name it will adopt beginning with the 2025-26 NHL season.
The franchise will use a final round of fan voting to decide among the Utah Mammoth, Utah Hockey Club and Utah Wasatch. Team officials backed away from including Yeti as a finalist after being unable to work out a co-existence agreement with Yeti Coolers to use the name in branding and merchandising.
'They have a unique trademark that allows them to prevent the use of the word Yeti or Yetis,' Smith Entertainment Group executive Mike Maughan said. 'They made a determination for the sake of their brand that they didn't want to enter into a coexistence.'
The U.S. Patent and Trademark Office earlier this month refused a request by the club, citing a 'likelihood of confusion' with other notable brands using the name, such as Yeti Coolers. An email sent Wednesday by The Associated Press to Yeti Coolers LLC seeking comment was not immediately returned.
Fans in attendance at the next four home games, starting Wednesday night against Pittsburgh, will vote at designated iPad stations at the Delta Center to help decide the team's name and logo. It will unveil a first look at designs for the logo, jerseys and branding associated with each choice.
Only fans in attendance will be allowed to vote at the Penguins game, against Columbus on Friday, St. Louis on Sunday and Philadelphia on Tuesday. The permanent team name and logo will be unveiled ahead of Utah's 2025-26 regular-season opener.
Wasatch filled the finalist spot originally intended for Yeti. Wasatch is a reference to the Wasatch Mountains, which run north to south along the east side of the Salt Lake Valley.
'We wanted to honor this idea people had for a mythical snow creature like the Yeti and bring a very Utah-centric approach to it,' Maughan said. 'Because we have the Wasatch Mountains, because we have the Wasatch Front, we have so many different iterations or ways we can do it. We wanted to honor the sentiment of one of those top names of the last iteration (of fan voting) while also including a Utah-centric version of it.'
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CEO T.J. Rodgers on Solar ITC Loss
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Before modeling SunPower, we project scenarios for what might happen to the solar market when the ITC dries up and we compete in a market with higher prices and lower volume. Solar Market Analysis As shown in the data chart in Figure C, the last six years were the best ever in solar volume with shipments of 2,176 MW to 6,953 MW in 2015-2024 at relatively flat prices from $3.30 to $3.65 per watt. During that period, the least squares line fitting the vertical part of the L-shaped demand curve has a correlation coefficient of only R2=.06, showing that solar volume did not depend on price in that region, which is further demonstrated by an inverted elasticity curve in which raising price increases volume. Given that the price of $3.65/W had already been accepted by the market in 2015, we believe the current market price of $3.30 can return to $3.65 (10.6% increase) without affecting volume. 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P&L for $80 Million Q2'25 (Model) The model for our current company predicts if we can make $80 million of revenue per quarter at today's costs, we will generate about $2.2 million in profit in Q2'25. We next model our quarterly breakeven revenue to address how far our revenue can slip for us to remain profitable with current costs. Figure E. Breakeven Revenue with P&L at Current Cost Our revenue can drop to $74.3 million in Q2'25 and we will retain our operating income at $1.2 million because our Q1-Q2 cost-cutting measures will completely offset the revenue drop from $80.2 million to $74.3 million. What if we further cut headcount? The Figure shows our profit will return to the $1.2 million-$2.0 million range for the full seven-quarter period, even without any acquisitions. Of course, this stressed business-as-usual analysis will blow up if a major event occurs, such as vendor or customer failure. Why is our stock price so low? 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I have had to pass many of those tests to start creating a long-term record that we can be proud of. What I do know is that we are going to be profitable again this quarter and I'll deal with the other problems as they come up. About SunPower The Company has been a leading residential solar services provider in North America since 1985. The Company's digital platform and installation services support energy needs for customers wishing to make the transition to a more energy-efficient lifestyle. For more information visit Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about us and our industry that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as 'will,' 'goal,' 'prioritize,' 'plan,' 'target,' 'expect,' 'focus,' 'forecast,' 'look forward,' 'opportunity,' 'believe,' 'estimate,' 'continue,' 'anticipate,' and 'pursue' or the negative of these terms or similar expressions. Forward-looking statements in this presentation include, without limitation, our future quarterly revenue projections, our expectations regarding our future fiscal financial performance, including with respect to our future quarterly and fiscal combined revenues and profit before tax loss, expectations and plans relating to further headcount reduction, cost control efforts, and our expectations with respect to stock price and when we achieve breakeven operating income and positive operating income, including our models about achieving operating income breakeven or profitability. Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties, including, without limitation, our expectations relating to the ITC phase out and its impacts on our business and market demand, our ability to implement further headcount reductions and cost controls, our ability to integrate and operate the combined business with the SunPower assets, our ability to achieve the anticipated benefits of the SunPower acquisition, global market conditions, changes to domestic or foreign tariffs or tax incentives, any adjustments, changes or revisions to our financial results arising from our financial closing procedures, and other risks and uncertainties applicable to our business. For additional information on these risks and uncertainties and other potential factors that could affect our business and financial results or cause actual results to differ from the results predicted, readers should carefully consider the foregoing factors and the other risks and uncertainties described in the 'Risk Factors' section of our annual report on Form 10-K filed with the SEC on April 30, 2025, our quarterly reports on Form 10-Q filed with the SEC and other documents that we have filed with, or will file with, the SEC. Such filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements in this presentation speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and SunPower assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Company Contacts: Source: SunPower A photo accompanying this announcement is available at
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We look forward to the day when treating cancer will be as simple as getting a shot -- a better way to fight cancer. To learn more, please visit Forward-Looking Statements This press release may contain "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict, many of which are outside our control. Our actual results and financial condition may differ materially from those in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments, or otherwise. Press Contact:CancerVax, (805) 356-1810Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
