logo
Bellewood Designs Selected as ‘Best in Show'

Bellewood Designs Selected as ‘Best in Show'

- The company will participate in the promotion with MAGLITE -
BARDSTOWN, Ky., Feb. 18, 2025 (SEND2PRESS NEWSWIRE) — Bellewood Designs, the maker of beautiful handcrafted cabinets that securely and discreetly store your firearms and other necessary gear and valuables of Bardstown, Kentucky, was noticed by members of the team at MAGLITE® at the 47th annual Shooting, Hunting, and Outdoor Trade Show in Las Vegas Nevada in January and has been chosen to participate in the February 'Best in Show' sweepstakes put on by MAGLITE®.
The show in Las Vegas is one of the largest trade shows held there annually, and this year featured exhibitors, buyers, media, and other industry professionals from all 50 states and more than 119 countries and tallied more than 2,800 exhibitors on the show floor, including the Suppliers Showcase.
'We are thrilled to be chosen by an iconic brand – Maglite – to be highlighted by them to their audience of patriotic Americans who appreciate the quality and workmanship of a fine product,' said Scott Zachow, Senior VP, Bellewood Designs.
Bellewood Designs is a leading manufacturer of hidden gun cabinets and is rated 4.7 Stars or above on all major online sales platforms due to its exceptional commitment to quality and customer service. It is a family-owned and operated company. Learn more: https://www.bellewooddesigns.com/.
https://gleam.io/tI5pX/best-in-show-sweepstakes.
NEWS SOURCE: Bellewood Designs
Keywords: Outdoors and Camping, Bellewood Designs, Shooting, Hunting, and Outdoor Trade Show, MAGLITE, gun safety, storage, safe, BARDSTOWN, Ky.
Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P124113 AP-R15TBLLI

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

President Trump sends harsh message to Federal Reserve on interest rate cuts
President Trump sends harsh message to Federal Reserve on interest rate cuts

Miami Herald

time43 minutes ago

  • Miami Herald

President Trump sends harsh message to Federal Reserve on interest rate cuts

President Trump upped the ante on the Federal Reserve hours after the latest jobs report, angrily demanding Fed Chair Jerome H. Powell slash the federal interest rate to create greater demand for consumer loans and better terms for business investment. And POTUS wasn't shy about it. Related: Veteran fund manager resets stock market forecast amid Musk, Trump fallout The president pounded out a furious message to the central bank chair, once again calling him "Too Late" Powell in Truth Social media posts. The lashing included references to rate cuts in Europe, plus a debatable declaration that there is "virtually no inflation (anymore)." The President's June 6 comments came as the Department of Labor reported that hiring remained stable in May with employers adding 139,000 jobs, gains that were slightly higher than expected but down from April. The unemployment rate stayed the same at 4.2%, as expected by most economists. Image source:While stocks bounced on the jobs report and recession concerns eased a tad, there is still a strong sense of caution due to the recession and, in some corners, even stagflation concerns. The $36.21 trillion U.S. debt, one of the major points of debate of Trump's "Big Beautiful Bill," now in the Senate, also made the president's screed. "If 'Too Late' at the Fed would CUT, we would greatly reduce interest rates, long and short, on debt that is coming due…Very Simple!!! He is costing our Country a fortune. Borrowing costs should be MUCH LOWER!!!,'' wrote President Trump. Related: Jobs report shifts Fed interest rate forecasts President Trump, just days before the June 6 jobs report, blasted the central bank chairman as "unbelievable" and a "disaster" on Truth Social for Powell's delay in lowering interest rates, a move Trump maintains is choking economic growth. Minutes from a meeting of the Federal Reserve Bank leaders, which was held in early May and released on May 29, show the central bank voted to undertake open market operations "as necessary" to maintain the federal funds rate in a target range of 4.25% to 4.50%. The Board of Governors of the Federal Reserve System also voted unanimously in early May to approve establishing the primary credit rate at the existing level of 4.5%, meaning interest rates for lenders, consumers, and the rest of Americans likely won't fall in the short term. This led to Trump's increasing displays of frustration against Powell. Veteran fund manager Chris Versace wrote on TheStreet Pro that the market will likely rethink the three 25-basis point rate cuts expected per the CME's Fed Watch Tool. "With Atlanta Fed President Raphael Bostic signaling ahead of this data that he sees room for just one rate cut, the growing likelihood is more Fed heads will fall into that camp based on the aggregate data published this week." Versace says. " We also have to wonder if Bostic's comment helps lay the groundwork for the Fed's upcoming set of economic projections that it will publish alongside its next policy decision on June 18.'' Related: Analyst resets stocks, gold outlook after rally The chances of more than one rate cut in the second half of 2025 will likely increase if May CPI and PPI inflation data released this coming week support "May inflation data we've seen thus far and there is no meaningful progress on trade deals,'' Versace says. The president isn't buying it. "Too Late" at the Fed is a disaster! Europe has had 10 rate cuts, we have had none,'' Trump posted. Note that Europe has actually had eight central bank cuts recently, not ten. "Despite (Powell), our Country is doing great,'' Powell said. "Go for a full point, Rocket Fuel!" The "Rocket Fuel'' moniker is apparently a new one from the White House. A spokesperson for the Federal Reserve, responding to a comment about the full point cut, said, "We don't have anything to share here." Related: Veteran fund manager who predicted April rally updates S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

Supreme Court allows DOGE staffers to access Social Security data
Supreme Court allows DOGE staffers to access Social Security data

UPI

time2 hours ago

  • UPI

Supreme Court allows DOGE staffers to access Social Security data

June 7 (UPI) -- The U.S. Supreme Court is allowing members of the Trump administration's Department of Government Efficiency to access personal Social Security Administration data. On Friday, the Court's six conservatives granted an emergency application filed by the Trump administration to lift an injunction issued by a federal judge in Maryland. Opposing the injunction were the three liberal justices: Sonia Sotomayor, Elena Kagan and Ketanji Brown Jackson. There are 69 million retirees, disabled workers, dependents and survivors who receive Social Security benefits, representing 28.75% of the U.S. population. In a separate two-page order issued Friday, the Supreme Court allowed the Trump administration for now to shield DOGE from freedom of information requests seeking thousands of pages of material. This vote also was 6-3 with no written dissenting opinions. In the two-page unsigned order on access, the court said: "We conclude that, under the present circumstances, SSA may proceed to afford members of the SSA DOGE Team access to the agency records in question in order for those members to do their work." The conservatives are Chief Justice John Roberts, and Associate Justices Clarence Thomas, Samuel Alito, Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett. Three of them were nominated by President Donald Trump during his first term. U.S. District Judge Ellen Hollander, appointed by President Barack Obama, had ruled that DOGE staffers had no need to access the specific data. The 4th U.S. Circuit Court of Appeals, based in Virginia, declined to block Hollander's decision. The lawsuit was filed by progressive group Democracy Forward on behalf of two unions, the American Federation of State, County and Municipal Employees, and the American Federation of Teachers, as well as the Alliance for Retired Americans. They alleged broader access to personal information would violate a federal law, the Privacy Act and the Administrative Procedure Act. "This is a sad day for our democracy and a scary day for millions of people," the groups said in a statement. "This ruling will enable President Trump and DOGE's affiliates to steal Americans' private and personal data. Elon Musk may have left Washington, D.C., but his impact continues to harm millions of people. We will continue to use every legal tool at our disposal to keep unelected bureaucrats from misusing the public's most sensitive data as this case moves forward." Social Security Works posted on X: "No one in history -- no commissioner, no president, no one -- has ever had the access that these DOGE minions have." White House spokesperson Liz Huston after the ruling told NBC News that "the Supreme Court allowing the Trump Administration to carry out commonsense efforts to eliminate waste, fraud, and abuse and modernize government information systems is a huge victory for the rule of law." Brown Jackson wrote a nine-page dissenting opinion that the "Government fails to substantiate its stay request by showing that it or the public will suffer irreparable harm absent this Court's intervention. In essence, the 'urgency' underlying the government's stay application is the mere fact that it cannot be bothered to wait for the litigation process to play out before proceeding as it wishes." She concluded her dissent by writing: "The Court opts instead to relieve the Government of the standard obligations, jettisoning careful judicial decisionmaking and creates grave privacy risks for millions of Americans in the process." Kathleen Romig, who worked as a senior adviser at the agency during the Biden administration, told CNN that Americans should be concerned about how DOGE has handled highly sensitive data so far. She said the personal data runs "from cradle to grave." "While the appeals court considers whether DOGE is violating the law, its operatives will have 'God-level' access to Social Security numbers, earnings records, bank routing numbers, mental and reproductive health records and much more," Romig, who now is director of Social Security and disability policy at the left-leaning Center on Budget and Policy Priorities. When Trump became president again on Jan. 20, he signed an executive order establishing DOGE with the goal of "modernizing Federal technology and software to maximize governmental efficiency and productivity." Nearly a dozen DOGE members have been installed at the agency, according to court filings. In all, there are about 90 DOGE workers. DOGE, which was run by billionaire Elon Musk until he left the White House one week ago, wants to modernize systems and detect waste and fraud at the agency. "These teams have a business need to access the data at their assigned agency and subject the government's records to much-needed scrutiny," Solicitor General D. John Sauer wrote in the court motion. The data includes Social Security numbers, date and place of birth, gender, addresses, marital and parental status, parents' names, lifetime earnings, bank account information, immigration and work authorization status, health conditions for disability benefits and use of Medicare. SSA also has data-sharing agreements with the IRS and the Department of Health and Human Services. The plaintiffs wrote: "The agency is obligated by the Privacy Act and its own regulations, practices, and procedures to keep that information secure -- and not to share it beyond the circle of those who truly need it." Social Security Administration Commissioner Frank Bisignano, who was sworn in to the post on May 7, said in a statement: that"The Supreme Court's ruling is a major victory for American taxpayers. The Social Security Administration will continue driving forward modernization efforts, streamlining government systems, and ensuring improved service and outcomes for our beneficiaries." On May 23, Roberts temporarily put lower court decisions on hold while the Supreme Court considered what next steps to take. Musk called Social Security "the biggest Ponzi scheme of all time" during an interview with Joe Rogan on Feb. 28. The Social Security system, which started in 1935, transfers current workers' payroll tax payments to people who are already retired. The payroll tax is a mandatory tax paid by employees and employers. The total current tax rate is 12.4%. There is a separate 2.9% tax for Medicare.

Lululemon stock price: LULU shares crash over tariff impact fears
Lululemon stock price: LULU shares crash over tariff impact fears

Yahoo

time2 hours ago

  • Yahoo

Lululemon stock price: LULU shares crash over tariff impact fears

Popular athletic apparel brand Lululemon Athletica is seeing its share price crash today. As of this writing, the stock (Nasdaq: LULU) is down nearly 20% in early-morning trading. The company's dramatic share price fall comes a day after it announced its first-quarter results for fiscal 2025, and issued a tariff-related warning about its profit forecasts. Here's what you need to know. Why you're catching the 'ick' so easily, according to science Waymo is winning in San Francisco Supersonic air travel gets green light in U.S. after 50-year ban lifted Despite today's stock price fall, Lululemon actually reported fairly positive results for its first quarter of fiscal 2025, which ended on May 4. Announcing its results yesterday after the closing bell, Lululemon reported $2.37 billion in net revenue, an increase of 7% compared to the same quarter a year earlier. The company also announced a comparable sales increase of 1%. However, diving into that comparable sales increase of 1% reveals some potentially downbeat foreshadowing. That comparable sales increase of 1% is taking Lululemon's full global sales into account. Internationally, Lululemon's comparable sales increased 6%. But when you look at the comparable sales only in America, they actually decreased by 2%. That American slice of the comparable sales pie suggests that the company is facing greater struggles in the U.S. than the rest of the world. Lululemon also announced a gross profit for the quarter of $1.4 billion, up 8% from the same quarter a year earlier. The company's diluted earnings per share (EPS) were $2.60, versus $2.54 for the same quarter a year earlier. The good news for Lululemon is that its revenue of $2.37 billion and EPS of $2.60 beat Wall Street expectations. According to a consensus estimate cited by CNBC, analysts were expecting revenue of $2.36 billion and an EPS of $2.58. Yet despite these beats, Lululemon also reported something that sent shivers down the spines of investors: a Q2 forecast that did not meet expectations. Lululemon said it expects its current Q2 net revenue to be in the range of $2.54 billion to $2.56 billion. That forecast was below what analysts were expecting. As Yahoo Finance notes, analysts had expected a Q2 net revenue forecast of $2.57 billion. But worryingly, the company said its guidance does 'not incorporate future unknown impacts, including tariffs and macroeconomic trends.' It's that unknowable impact of tariffs on Lululemon's sales that likely worries investors the most. Its Q1 results already showed that the company's sales in America are not as strong as in other markets, which is likely driven by in part weakening consumer confidence and fears of further tariff-fueled price increases ahead. If consumer confidence weakens further, Lululemon, like other retailers, could be hit harder as Americans cut back on nondiscretionary spending to mitigate the impact on their wallets. However, Lululemon faces bigger challenges than just weakening consumer confidence in the United States. The Canadian company manufactures the majority of its goods in Asia. As Yahoo Finance notes, as of 2023, 42% of Lululemon's products were made in Vietnam, 16% in Cambodia, 11% in Sri Lanka, 10% in Indonesia, and 8% in Bangladesh. Additionally, it sourced 40% of its components for those products from Taiwan, 26% from China, and 12% from Sri Lanka. Many of those countries have had huge tariffs placed upon goods from them by President Trump. If all those tariffs go into effect, it could necessitate price hikes for many of Lululemon's products in America—something not all its U.S. customers may be willing to absorb. That could ultimately lead to a decline in sales. In fact, Lululemon has already said that it will raise prices on some of its goods. 'We are planning to take strategic price increases, looking item by item across our assortment as we typically do, and it will be price increases on a small portion of our assortment,' Lululemon CFO Meghan Frank said on the company's financial call. One positive forward-looking sign, however, was that Lululemon reiterated its previously forecasted outlook for all of 2025. The company said it still expects net revenue of between $11.15 billion and $11.30 billion. Still, Lululemon's disappointing Q2 forecast and its manufacturing vulnerability to Trump's tariffs have sent the company's shares plunging this morning. As of the time of this writing, LULU shares are down almost 20% to just above $265. Since the start of the year, Lululemon's stock price has declined 30%. This post originally appeared at to get the Fast Company newsletter:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store