SacRT breaks ground on Dos Rios Light Rail station
The Dos Rios Station, a Blue Line station, will be located on North 12th Street between Richards Boulevard and Sunbeam Avenue.
Video Above: SacRT Flex program moves Sacramento area's most vulnerable
'Bringing this new light rail station to the River District is a game changer for residents and businesses where convenient, affordable access to public transportation is a vital necessity,' saidLa Shelle Dozier, Executive Director of the Sacramento Housing and Redevelopment Agency. 'It's a significant complement to the catalytic redevelopment in this area that has spurred mixed income housing, employment and economic development, and cultural amenities that will enhance quality of life in the district.'
In November 2023, the SacRT Board of Directors voted against building the station but two months later the board reversed its decision.
SacRT said the project costs $43 million.
According to the transit agency, major construction will begin this summer and the station is expected to open by the end of 2026.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Business Upturn
7 days ago
- Business Upturn
Giftify, Inc. Reports Second Quarter 2025 Financial Results, Revenue of $20.9 Million
By GlobeNewswire Published on August 13, 2025, 17:35 IST Company achieves gross profit increase of 18.3% to $3.9 million Strategic initiatives including TakeOut7 acquisition and AI implementation driving operational improvements SCHAUMBURG, IL, Aug. 13, 2025 (GLOBE NEWSWIRE) — Giftify, Inc. (NASDAQ: GIFT) (the 'Company'), the owner and operator of and and a leader in the incentives and rewards industry, today announced financial and operational results for the second quarter ended June 30, 2025. Key Highlights for the Three Months Ended June 30, 2025, Compared to Prior Year Period Net sales increased 4.4% to $20.9 million Gross billings increased 23.2% to $36.1 million Gross profit increased 18.3% to $3.9 million Gross margin improved to 18.4% from 16.3% Modified EBITDA loss improved to $0.15 million from $0.36 million Net loss of $2.6 million (Of note, net loss for the three months ended June 30, 2025 included $2.4 million in non-cash expenses, including $1.6 million in stock options and other non-cash compensation, $0.6 million in amortization of intangible assets, and $0.16 million in amortization of capitalized software costs) Strong balance sheet with total assets of $31.5 million and stockholders' equity of $21.6 million Strategic Growth Initiatives The Company's strategic execution against previously outlined growth priorities continued to generate positive momentum across multiple fronts during the second quarter: Completed strategic acquisition of TakeOut7 in June 2025, expanding technology offerings to include end-to-end solutions for independent restaurants Launched Buy Now, Pay Later (BNPL) flexible payment option through partnership with Zip Co., enhancing customer accessibility and payment flexibility Expanded strategic offerings through in high-revenue, high-growth verticals including travel, sports merchandise, and pharmacy savings Continued deployment of enterprise-wide AI solutions driving measurable operational efficiencies Enhanced synergies between and platforms Continued expansion of the At-the-Market offering program to strengthen the Company's cash position and provide financial flexibility Subsequent Events Launch of Restaurant Management Center (RMC) in July 2025, creating new subscription revenue opportunities for 184,000+ restaurant partners Introduction of uChoose corporate rewards platform in July 2025, targeting the $46 billion corporate rewards market Management Commentary Ketan Thakker, Chief Executive Officer of Giftify, Inc., commented, 'Our second quarter performance reflects the strength of our strategic vision and operational discipline. We delivered revenue of $20.9 million while achieving an impressive 18.3% increase in gross profit and expanding our gross margin to 18.4%. This margin improvement underscores our team's focus on driving profitability and creating sustainable value in today's dynamic market environment.' Thakker continued, 'The quarter was marked by significant strategic milestones that position us for accelerated growth. The TakeOut7 acquisition in June strengthens our restaurant technology ecosystem, while our new Buy Now, Pay Later partnership with Zip Co. enhances customer access to savings opportunities. Combined with our ongoing AI initiatives and vertical market expansion in travel, sports, and healthcare, we're building a comprehensive platform that serves multiple high-growth markets. Looking ahead, our recent launches of the Restaurant Management Center and uChoose corporate platform create exciting new revenue streams that complement our core marketplace business.' Second Quarter 2025 Financial Results For the three months ended June 30, 2025, net sales increased 4.4% to $20.9 million compared to $20.0 million in the prior year period. The growth was driven by continued strength in both business-to-consumer and business-to-business channels across the and platforms. Gross profit for the second quarter increased 18.3% to $3.9 million compared to $3.3 million in the prior year period. Gross margin improved to 18.4% from 16.3%, reflecting the Company's continued focus on optimizing pricing strategies and operational efficiencies. Operating expenses decreased to $6.4 million from $10.7 million in the prior year period, primarily due to a $4.6 million reduction in stock-based compensation expense, partially offset by increased operational costs to support business growth. The Company reported a net loss of $2.6 million, or $0.09 per share, compared to a net loss of $7.7 million, or $0.30 per share, in the prior year period. The improvement was driven by increased gross profit, reduced stock-based compensation expense, and lower interest expense. Modified EBITDA loss improved to $0.15 million compared to $0.36 million in the prior year period, reflecting the Company's progress toward operational efficiency. Six Months 2025 Financial Results For the six months ended June 30, 2025, net sales increased 3.9% to $43.2 million compared to $41.5 million in the prior year period. Gross profit for the six months increased 14.1% to $7.4 million compared to $6.5 million in the prior year period. Gross margin improved to 17.2% from 15.7% The Company reported a net loss of $5.8 million, or $0.20 per share, compared to a net loss of $10.9 million, or $0.43 per share, in the prior year period. Modified EBITDA loss improved to $0.8 million compared to $1.0 million in the prior year period. About Giftify, Inc. Giftify, Inc. is a pioneer in the incentive and rewards industry with a focus on retail, dining & entertainment experiences, as the owner and operator of leading digital platforms, and is a leading secondary gift card exchange platform, allowing consumers and retailers to realize value by buying and selling gift cards at various scales. is the nation's largest restaurant-focused digital deals brand, connecting digital consumers, businesses and communities by offering thousands of dining, retail and entertainment deal options nationwide at over 184,000 restaurants and retailers. prides itself on offering the best deal, every meal. Our gift cards and restaurant certificates allow customers to save at thousands of restaurants across the country with just a few clicks. Takeout7 is a restaurant technology company offering comprehensive online ordering solutions through its TakeOut7 platform and AI-powered digital marketing services through its Platr platform. For more information, visit: and Non-GAAP Financial Measures and Operating Metrics Modified EBITDA In addition to our GAAP results, we present Modified EBITDA as a supplemental measure of our performance. However, Modified EBITDA is not a recognized measurement under GAAP and should not be considered as an alternative to net income, income from operations or any other performance measure derived in accordance with GAAP, or as an alternative to cash flow from operating activities as a measure of liquidity. We define Modified EBITDA as net income (loss), plus interest expense, depreciation and amortization, stock-based compensation, and fair value of common stock issued for services. Management considers our core operating performance to be that which our managers can affect in any particular period through their management of the resources that affect our underlying revenue and profit generating operations during that period. Non-GAAP adjustments to our results prepared in accordance with GAAP are itemized below. You are encouraged to evaluate these adjustments and the reasons we consider them appropriate for supplemental analysis. In evaluating Modified EBITDA, you should be aware that in the future we may incur expenses that are the same as or similar to some of the adjustments in this presentation. Our presentation of Modified EBITDA should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items. Gross Billings Gross billings are the total dollar value of customer purchases of goods and services. Gross billings are presented net of customer refunds and order discounts. A significant portion of our revenue transactions are comprised of sales of discounted merchant gift cards in which we collect the transaction price from the customer and remit a portion of the transaction price to the third-party suppliers who will provide the related goods or services. For these transactions, gross billings differ from Net Sales reported in our Condensed Consolidated Statements of Operations, which is presented net of the merchant's share of the transaction price. Gross billings are an indicator of our growth and business performance as it measures the dollar volume of transactions generated through our marketplaces. Tracking gross billings also allows us to monitor the percentage of gross billings that we are able to retain after payments to merchants. Forward-Looking Statements Press Releases may include forward-looking statements. In particular, the words 'believe,' 'may,' 'could,' 'should,' 'expect,' 'anticipate,' 'estimate,' 'project,' 'propose,' 'plan,' 'intend,' and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this news release about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Accordingly, you should not place undue reliance on these forward-looking statements. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The company takes no obligation to update or correct its own forward-looking statements, except as required by law or those prepared by third parties that are not paid by the company. Statements in this press release that are not historical fact may be deemed 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. Although Giftify, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Giftify, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company's ability identify a suitable business model for the corporation. Investors Contacts: [email protected] GIFTIFY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS As of June 30, 2025 December 31, 2024 (Unaudited) ASSETS Current assets: Cash and cash equivalents (includes restricted cash of $1,000,000 and $1,258,826 at June 30, 2025 and December 31, 2024) $ 3,257,427 $ 4,301,842 Accounts receivable 121,139 164,700 Inventories 2,021,395 4,116,180 Prepaid expenses and other current assets 368,871 63,210 Total current assets 5,768,832 8,645,932 Property and equipment, net 766,904 1,089,984 Operating lease right of use asset, net 1,250,518 1,406,242 Deposits 68,189 65,556 Intangible assets, net 3,640,517 4,268,332 Goodwill 20,007,670 20,007,670 Total assets $ 31,502,630 $ 35,483,716 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 1,619,833 $ 1,966,616 Accrued expenses 1,772,419 1,768,607 Customer deposits 153 95,000 Deferred revenue 107,504 77,051 Secured revolving line of credit 1,715,897 3,805,080 Convertible promissory notes 44,637 43,137 Secured notes payable — related party, net of debt discount of $0 and $4,000, at June 30, 2025 and December 31, 2024, respectively – 2,060,274 Notes payable, current portion, net of debt discount of $8,570 and $0, at June 30, 2025 and December 31, 2024, respectively 1,881,668 1,717,632 Operating lease liability, current portion 337,195 316,612 Total current liabilities 7,479,306 11,850,009 Notes payable, net of current portion 664,500 615,000 Deferred income taxes 829,284 1,123,000 Operating lease liability, net of current portion 960,386 1,133,371 Total liabilities 9,933,476 14,721,380 Commitments and contingencies Stockholders' equity: Preferred stock, $0.001 par value, 10,000,000 shares authorized; – – Common stock, $0.001 par value, 750,000,000 shares authorized; 30,154,612 and 27,021,423 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 30,155 27,015 Additional paid-in-capital 115,289,884 108,679,065 Common stock issuable, 350,843 and 350,843 shares, respectively 350,843 350,843 Accumulated deficit (94,101,728 ) (88,294,587 ) Total stockholders' equity 21,569,154 20,762,336 Total liabilities and stockholders' equity $ 31,502,630 $ 35,483,716 GIFTIFY, INC. AND SUBSDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS For the Three and Six Months Ended June 30, 2025 and 2024 (Unaudited) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net Sales $ 20,900,731 $ 20,020,502 $ 43,177,744 $ 41,542,396 Cost of sales 17,045,106 16,760,007 35,740,483 35,024,625 Gross profit 3,855,625 3,260,495 7,437,261 6,517,771 Operating expenses Selling, general and administrative expenses 5,714,543 9,832,270 11,758,384 15,046,311 Amortization of capitalized software costs 161,544 302,737 323,087 681,474 Amortization of intangible assets 557,062 607,917 1,100,979 1,215,834 Total operating expenses 6,433,149 10,742,924 13,182,450 16,943,619 Loss from operations (2,577,524 ) (7,482,429 ) (5,745,189 ) (10,425,848 ) Other income (expenses) Interest income 1,777 5,223 1,777 5,223 Interest expense (143,374 ) (267,440 ) (352,945 ) (514,741 ) Total other income (expenses) (141,597 ) (262,217 ) (351,168 ) (509,518 ) Net loss before income taxes (2,719,121 ) (7,744,646 ) (6,096,357 ) (10,935,366 ) Income tax benefit 129,312 – 289,216 – Net loss $ (2,589,809 ) $ (7,744,646 ) $ (5,807,141 ) $ (10,935,366 ) Net earnings/(loss) per share – basic and diluted $ (0.09 ) $ (0.30 ) $ (0.20 ) $ (0.43 ) Weighted average common shares outstanding – basic and diluted 29,532,501 25,751,441 28,946,644 25,377,832 GIFTIFY, INC. AND SUBSDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Six Months Ended June 30, 2025 Six Months Ended June 30, 2024 (Unaudited) (Unaudited) CASH FLOWS FROM OPERATING ACTIVITIES Net loss $ (5,807,141 ) $ (10,935,366 ) Adjustments to reconcile net loss to net cash provided by operating activities Fair value of vested stock options 1,962,000 5,706,311 Fair value of vested restricted common stock 1,063,918 1,589,609 Fair value of common stock issued for services 384,088 217,500 Loss on fair value of common stock issued for settlement of vendor 33,750 – Depreciation of capitalized software costs 323,080 681,474 Amortization of intangible assets 1,100,979 1,215,834 Amortization of debt discount 10,430 – Accrued interest (14,740 ) 31,868 Changes in operating assets and liabilities: Accounts receivable 81,060 46,211 Inventories 2,094,785 (1,087,690 ) Prepaid expenses and other current assets (305,661 ) (28,735 ) Right of use assets 155,724 155,011 Accounts payable (272,281 ) (510,163 ) Accrued expenses (9,528 ) 205,235 Customer deposits (94,847 ) – Deferred revenue 30,453 (222,972 ) Deferred taxes (293,716 ) – Operating lease liability (152,402 ) (138,327 ) Net cash provided by (used in) operating activities 289,951 (3,074,200 ) CASH FLOWS FROM INVESTING ACTIVITIES Cash received on acquisition 109,543 – Capital expenditures – (449,646 ) Net cash provided by (used in) investing activities 109,543 (449,646 ) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from line of credit 61,299,312 53,772,243 Repayment of line of credit (63,388,495 ) (52,839,180 ) Proceeds from note payable 985,000 – Repayment of notes payable (825,928 ) – Repayment of notes payable – related party (2,000,000 ) – Proceeds from sale of common stock, net of expenses, under at-the-market sale agreement 1,383,702 – Proceeds from sale of common stock, net of expenses, under stock purchase agreement 374,500 – Proceeds from public offering of common stock 478,000 – Proceeds from private offering of common stock 250,000 – Repayment of acquisition obligation – (500,000 ) Proceeds from private placement of common stock – 2,921,500 Net cash provided by (used in) financing activities (1,443,909 ) 3,354,563 Net increase (decrease) in cash and cash equivalents (1,044,415 ) (169,283 ) Cash and cash equivalents beginning of period 4,301,842 5,682,372 Cash and cash equivalents end of period $ 3,257,427 $ 5,513,089 SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION Interest paid $ 322,289 $ 510,417 Taxes paid $ – $ – NON-CASH INVESTING AND FINANCING ACTIVITIES Common shares issued for acquisition $ 609,000 $ – Common shares issued for trade accounts payable $ 108,750 $ – Accounts receivable from acquisition $ 37,499 $ – Deposits from acquisition $ 2,633 $ – Accounts payable from acquisition $ 500 $ – Accrued expenses from acquisition $ 13,340 $ – Operating lease right-of-use assets obtained in exchange for new operating lease liabilities $ – $ 1,395,541 Giftify, Inc. Supplemental Operating Metrics (Unaudited) Our gross billings for the three and six months ended June 30, 2025 and 2024 were as follows: Three Months Ended June 30, Six Months Ended June 30, 2025 2024 Change % 2025 2024 Change % Gross billings $ 36,072,063 $ 29,287,369 23.2 % $ 73,091,528 $ 59,319,954 23.2 % Gross billings are the total dollar value of customer purchases of goods and services. Gross billings are presented net of customer refunds and order discounts. A significant portion of our revenue transactions are comprised of sales of discounted merchant gift cards in which we collect the transaction price from the customer and remit a portion of the transaction price to the third-party suppliers who will provide the related goods or services. For these transactions, gross billings differ from Net Sales reported in our Condensed Consolidated Statements of Operations, which is presented net of the merchant's share of the transaction price. Gross billings are an indicator of our growth and business performance as it measures the dollar volume of transactions generated through our marketplaces. Tracking gross billings also allows us to monitor the percentage of gross billings that we are able to retain after payments to merchants. Giftify, Inc. Non-GAAP Reconciliation Schedules (Unaudited) Set forth below is a reconciliation of net loss to Modified EBITDA for the three months ended June 30, 2025 and 2024 (unaudited): Three Months Ended June 30, 2025 Three Months Ended June 30, 2024 Net Loss $ (2,589,809 ) $ (7,744,646 ) Modified EBITDA adjustments: Income taxes (129,312 ) – Interest expense, net 141,597 262,217 Amortization of intangible assets 557,062 608,017 Amortization of capitalized software costs 161,544 302,737 Bad debt expense 100,810 – Stock option and other noncash compensation 1,607,872 6,214,545 Total Modified EBITDA adjustments 2,439,573 7,387,516 Modified EBITDA $ (150,236 ) $ (357,130 ) Set forth below is a reconciliation of net loss to Modified EBITDA for the six months ended June 30, 2025 and 2024 (unaudited): Six Months Ended June 30, 2025 Six Months Ended June 30, 2024 Net Loss $ (5,807,141 ) $ (10,935,366 ) Modified EBITDA adjustments: Income taxes (289,216 ) – Interest expense, net 351,167 509,518 Amortization of intangible assets 1,100,979 1,215,834 Amortization of capitalized software costs 323,087 681,474 Loss on fair value of stock issued on vendor settlement 33,750 – Bad debt expense 100,810 – Stock option and other noncash compensation 3,410,007 7,513,421 Total Modified EBITDA adjustments 5,030,584 9,920,247 Modified EBITDA $ (776,557 ) $ (1,015,119 ) We present Modified EBITDA because we believe it assists investors and analysts in comparing our performance across reporting periods on a consistent basis by excluding items that we do not believe are indicative of our core operating performance. In addition, we use Modified EBITDA in developing our internal budgets, forecasts and strategic plan; in analyzing the effectiveness of our business strategies in evaluating potential acquisitions; making compensation decisions; and in communications with our board of directors concerning our financial performance. Modified EBITDA has limitations as an analytical tool, which includes, among others, the following: ● Modified EBITDA does not reflect our cash expenditures, or future requirements, for capital expenditures or contractual commitments; ● Modified EBITDA does not reflect changes in, or cash requirements for, our working capital needs; ● Modified EBITDA does not reflect future interest expense, or the cash requirements necessary to service interest or principal payments, on our debts; and ● Although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and Modified EBITDA does not reflect any cash requirements for such replacements. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Indianapolis Star
7 days ago
- Indianapolis Star
Blue Line shouldn't kill Wawa gas station on East Washington
Sometimes you just have to take the win. That's especially true for an area that's been losing and losing and losing, for decades on end, like Indianapolis' East Washington Street corridor. Drive east past Irvington and you'll see the decaying remnants of 1970s Americana. There are shuttered big-box stores. There's Washington Square, or what's left of it, which is a Target store attached to an otherwise dead mall, giving the appearance of a single leafy limb clinging to a diseased tree. East Washington Street needs a boost. Improbably, one of America's most popular retailers is offering it on one of the corridor's most bleak stretches. Even more improbable? Indianapolis seems inclined to reject it. Pennsylvania-based Wawa wants to build a convenience store with 16 gas pumps at Washington Street and Shortridge Avenue at the site of the Get Fit Athletic Club. Wawa is a top-rated convenience store chain in customer surveys, most recently ranking No. 1 in the inaugural American Customer Satisfaction Index. Wawa is known for clean stores and good food, including popular hoagies. It's a gas station, yes, but it's a gas station with a devoted fan base. Think of it more like a premium restaurant chain. Briggs: Steak 'n Shake's MAGA makeover is a desperate bid to save a dying business The East Washington Street location would be part of Wawa's broader expansion into Indiana. But it faces opposition. The proposed Wawa location falls along the Blue Line bus rapid transit route. City policy favors mixed-use development, especially housing, along that route and discourages gas stations. Wawa's plan for 16 gas pumps is double the number of permitted pumps under city rules. Saying no to Wawa over an arbitrary regulation on number of gas pumps would be insane. A Wawa at this location would be a precious gift from complex retail gods. Almost any other city would be overjoyed by good fortune. Not Indianapolis. Andy Nielsen, an east-side Democrat on the City-County Council, told Mirror Indy he's listening to his constituents, many of whom oppose the Wawa because they don't want another gas station along East Washington Street. Many residents say they'd prefer another type of development, especially housing. I want more housing, too. That's why I've been frustrated with the bad ideas and slow pace of redevelopment at Irvington Plaza, a former Marsh-anchored shopping center surrounded by the Pennsy Trail, residential streets and a future Blue Line stop. Irvington Plaza has the potential to be a jewel. Briggs: Fountain Square camp shows Indianapolis' homelessness strategy is broken The Get Fit Athletic Club does not. Go stand in the parking lot. You'll find yourself in one of the most cursed stretches of pavement in Indianapolis. It's sandwiched between the Shadeland Avenue cloverleaf and Interstate 465 interchange. Spin in a circle and you'll see a Hyundai dealership, two auto repair shops and a state Department of Transportation facility. It would be almost impossible to find an Indianapolis site more appropriate for a gas station than this. The main argument against Wawa is that IndyGo is planning to put a Blue Line station there. The Blue Line is about making Indianapolis more accessible to people without cars — and I am on board with that goal. But bus stops are not magic. A Blue Line station isn't going to change the fact that this section of Washington Street is used almost entirely for selling, parking and servicing cars. I guess there's a chance that something better than Wawa comes along for that site, but I can't imagine what it might be. This is a good point to acknowledge I'm being a little hypocritical here. I've previously written columns objecting to gas stations in Carmel and on 16th Street in Indianapolis. Gas stations generally have negative effects on people and property values. My default view is that we are heading toward a future without gas stations and that any pumps installed today will become problems to clean up down the line. At the same time, there's obviously demand to keep building gas stations. If cities are going to keep permitting them, they should be strategic about it. We shouldn't add gas stations near residential neighborhoods or on sites with obviously better uses, but we can put them in places where they serve a purpose. The owner of the proposed Wawa site told Mirror Indy it has been on the market for 20 years. It is clearly an economically depressed commercial area. A Wawa would immediately change that vibe, bringing millions of dollars of investment and sending a signal to other retailers that it might be a good spot to set up shop. Is a gas station, even a high-end gas station, an ideal use along a mass transit line? Of course not. It's also just one site. The Blue Line is 24 miles long. Indianapolis is not going to transform every intersection along that path into some kind of urban utopia. Opinion: ICE's 'Speedway Slammer' propaganda gets IndyCar — and America — wrong There's also no reason why Wawa can't have synergy with the Blue Line. Much like customers love Wawa, it is an exceptionally good place to work for a gas station. A Wawa would create dozens of jobs — held by people who might use the Blue Line — while inviting more development that could create more jobs. Wawa's brand devotion and economic activity would bring clear benefits and add value to the surrounding area. If Indianapolis rejects Wawa, it needs to have a better reason than just because Wawa wants 16 gas pumps instead of eight. That's using dumb government rules to say no when we should be looking for ways to say yes to anything that can spark positive momentum. It doesn't matter how many aggregate gas pumps are along East Washington Street. The only question we should care about is whether adding 16 more might improve the quality of life on Indianapolis' east side. Wawa's quality and popularity make a strong case for yes.
Business Wire
12-08-2025
- Business Wire
Fifth Third Bancorp Announces Earnings Release Dates for 2026 and 2027
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) is expected to report financial results and host conference calls to discuss results on the following dates: Fourth Quarter 2025 – Tuesday, January 20, 2026 – 10:00 AM ET First Quarter 2026 – Friday, April 17, 2026 – 9:00 AM ET Second Quarter 2026 – Friday, July 17, 2026 – 9:00 AM ET Third Quarter 2026 – Monday, October 19, 2026 – 9:00 AM ET Fourth Quarter 2026 – Tuesday, January 19, 2027 – 10:00 AM ET First Quarter 2027 – Tuesday, April 20, 2027 – 9:00 AM ET Second Quarter 2027 – Tuesday, July 20, 2027 – 9:00 AM ET Third Quarter 2027 – Tuesday, October 19, 2027 – 9:00 AM ET Financial results are expected to be available at approximately 6:30 AM ET on each of the dates listed above. Conference calls will be webcast live and may be accessed through the Fifth Third Investor Relations website at (click on 'About Us' then 'Investor Relations'). Those unable to listen to the live webcasts may access a webcast replay through the Fifth Third Investor Relations website at the same web address. About Fifth Third Fifth Third is a bank that's as long on innovation as it is on history. Since 1858, we've been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it's one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people, and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere's World's Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation's highest performing regional bank, but to be the bank people most value and trust. Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol 'FITB.' Investor information and press releases can be viewed at Category: Earnings
