Latest news with #Pagano
Time of India
3 days ago
- Entertainment
- Time of India
WWE Worlds Collide 2025: Legado Del Fantasma takes down Wagner Jr., Pagano, and Psycho Clown in a six-man tag match
For a long time, Legado Del Fantasma has been stuck in WWE's lower card. Santos Escobar, Angel and Berto have been solid performers, but more often than not, they have been used to make other wrestlers look strong. They rarely got a chance to shine themselves. This, however, changed at WWE Worlds Collide. Their opponents were AAA stars El Hijo de Dr. Wagner Jr., Pagano and Psycho Clown, a team full of experience and high-flying ability. From the start, the match was intense and fast paced. Wagner Jr. and Berto began things with some back and forth action, but the tide quickly turned when Psycho Clown came in with power moves and wild dives, including a devastating dive that sent Escobar crashing into the announce table. Pagano brought more chaos with a facebuster on Berto and an ambitious dive to the outside. Escobar showed good ring awareness by pulling Angel out of the way, causing Pagano to crash hard. The WWE trio used teamwork to isolate Pagano, hitting a series of triple kicks and keeping him away from his partners. The action spilled outside the ring several times, with high-flying moves. Some of the wrestlers crashed through barricades. Wagner Jr. showed his skill with an Eddie Guerrero tribute spot but could not finish the match. Escobar fought back fiercely, hitting a big knee and then a superrana off the top rope. He ended the match with his Phantom Driver finisher, pinning Wagner Jr. for the win. A turning point for Legado Del Fantasma? Legado del Fantasma are ready to take on @Psychooriginal, Pagano and @hijodewagner ! Who ya got?! 😤#WorldsCollide This win is huge for Legado Del Fantasma. After months of losing and being treated like jobbers in WWE, this victory could give them the momentum they need to climb the ranks. Defeating respected AAA stars in a match full of energy and drama showed that Escobar and his team can deliver when it matters most. This victory at Worlds Collide might be the start of a new chapter for Legado Del Fantasma in WWE. Fans will be watching closely to see if they can build on this and finally get the push their talent deserves.
NBC Sports
4 days ago
- Sport
- NBC Sports
Back in coaching, Chuck Pagano has no desire to be a head coach again
Former Colts coach Chuck Pagano ended his retirement in January to join the Ravens as the team's senior secondary coach. It's not a first step toward trying to be a head coach again. 'No, sir,' Pagano said Thursday, via Jamison Hensley of when asked if he aspires to be a head coach. 'Nobody has any idea until you sit in that seat.' Pagano parlayed one season as the Ravens' defensive coordinator (after three as the team's secondary coach) into the head coaching job in Indianapolis. He spent six years with the Colts. After a year off, he served as the Bears' defensive coordinator in 2019 and 2020. He was retired and out of coaching from 2021 through 2024. 'Some of my fondest memories and coaching moments were the first time I was here [in Baltimore] and just being a secondary coach,' Pagano said. "[As a head coach], you get pulled away from what you love doing and that's coaching the game. You got so many other things going. . . . But no, I'm good. I've had enough of [head coaching].' But while he had his fill of head coaching, the 64-year-old was ready to do some non-head coaching. 'This was just probably the only opportunity that would get me off the couch,' Pagano said. 'A lot of my friends back home said, 'Are you out of your mind? Why would you go back to the grind?' You can't replicate this. You can't replicate the grind. . . . 'I never really stopped thinking about coaching and thinking about the game. My kids, my wife, my daughters -- they don't know any better -- but they all thought I retired too young.' He's back in the game now, with one of the NFL's elite teams. And maybe he'll cap his coaching career with a Super Bowl win.
USA Today
4 days ago
- Sport
- USA Today
Why Chuck Pagano came out of retirement to coach the Ravens
Why Chuck Pagano came out of retirement to coach the Ravens Show Caption Hide Caption Ravens release kicker Justin Tucker after massage therapist allgations Ravens release kicker Justin Tucker, who was accused of sexual misconduct by 16 different employees of eight Baltimore area spas and wellness centers. Sports Pulse For the last four years, former Indianapolis Colts head coach Chuck Pagano spent his early 60s enjoying his retirement. But the call of football and the temptation to return to the sidelines was always there. In January, Pagano signed on to join the Baltimore Ravens' coaching staff as a senior defensive assistant/secondary coach – his first gig since spending the 2019 and 2020 seasons as the Chicago Bears' defensive coordinator. On Thursday, he spoke to the media about why he made the decision to return. "I never really stopped thinking about coming back," he said. Pagano explained that his initial reason for retiring in the first place was needing a break from working after dealing with the stress of coaching during the 2020 season – the peak year of the COVID-19 pandemic. BALTIMORE RAVENS: Lamar Jackson in 'introductory stage' of extension talks with team After four years though, Pagano realized that his time not coaching football was leaving him with an itch he couldn't scratch. "I was done with a workout, honey-dos, chores, and it's 10 o'clock in the morning," he said. "And I'm like, can't start drinking, I wait till a certain time to start that, but it's hard to fill your days. "(Returning to the Ravens) was the opportunity of a lifetime and probably the only place that could get me to come back." Pagano was part of then-rookie head coach John Harbaugh's first staff when he joined the Ravens in 2008, serving as the team's secondary coach for three years before a promotion to defensive coordinator in 2011. He left for the Colts head coaching job in 2012, one year later. After six years with the Colts, two years with the Bears and four years of retirement, Pagano is back in Baltimore. RAVENS WR DEPTH CHART: Where Rashod Bateman fits after extension Just don't consider this an indication that he has aspirations to be a head coach again. "No, sir," he said in response to a question about a return head coaching. For now, Pagano is just enjoying the ride and making the most out of an opportunity to coach again. "When you have something, you kind of take it for granted. And then, when you don't, you realize just how special it was: to coach and be a part of something – be a part of a team – have the relationships that you develop and build when you're a part of something like that. "It's been awesome."
Yahoo
29-05-2025
- Business
- Yahoo
Angelina Bakery Opens Ninth Location in Lenox Hill, Expanding Its Upper East Side Presence with New Artisan Pizza
NEW YORK, May 29, 2025 /PRNewswire/ -- Angelina Bakery, New York's beloved destination for authentic Italian pastries and modern comfort classics, proudly announces the grand opening of its ninth location at 1100 Lexington Avenue, in the heart of Lenox Hill. The store will officially open after Memorial Day. This marks the bakery's second Upper East Side location, reinforcing its growing presence in Manhattan. To celebrate this new chapter, Angelina is expanding its menu with exciting additions that blend classic Italian flavors with elevated creativity. The new mini pizza lineup features artisan-inspired combinations including Potato, Rosemary, and Red Onion, Margherita, Mortadella and Burrata, Prosciutto and Arugula, Spicy Salami and Jalapeño, Roasted Porcini and Fennel Sausage, Capricciosa and Four Cheese. Angelina's pizza program is led by Executive Pizza Chef Filippo Pagano, whose culinary pedigree includes Serafina Restaurant Group, Antica Pizzeria da Michele NYC, Eataly/Rosso Pomodoro (NYC & Chicago), and L'Industrie Pizza. At Angelina, Pagano introduces "pizza contemporanea"—a modern, refined take on traditional pizza. Characterized by a lighter, more digestible dough, this style uses a blend of premium Italian flour, long 48-hour fermentation, and a bakery-inspired approach to proofing, baked at 900°F for optimal texture. The result is a sophisticated evolution of the classic pie—bold in flavor, delicate in structure, and uniquely New York through an Italian lens. Also launching are three indulgent gelato shake flavors: Mango, Mixed Berries, and Coffee — perfectly timed for the warmer months ahead. The new location is operated by seasoned franchisees and multi-brand entrepreneurs who collectively manage over 20 retail locations across Manhattan, including household names like Serendipity, Rosas Pizza, Playa Bowls, and Koronet Pizza. With locations spanning the Upper East Side, Times Square, Grand Central, and NoMad, Angelina Bakery is the latest jewel in their Italian portfolio. Angelina Bakery continues to offer a uniquely modern Italian twist on traditional recipes. The Lenox Hill location maintains the brand's signature design—light, airy, and inviting—serving locals and visitors with warmth, heart, and a taste of la dolce vita. About Angelina Italian BakeryAngelina Bakery is a New York City-based bakery specializing in authentic Italian pastries and innovative desserts. Founded by Tony Park in 2018, Angelina Bakery combines traditional Italian baking methods with modern culinary creativity, quickly becoming a beloved destination for locals and visitors alike. Press inquiries: press@ For more details, visit or follow Angelina Bakery on Instagram: @angelinabakerynyc. View original content to download multimedia: SOURCE Angelina Bakery Sign in to access your portfolio
Business Wire
07-05-2025
- Business
- Business Wire
Watts Water Technologies Reports First Quarter 2025 Results
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE: WTS) – through its subsidiaries, one of the world's leading manufacturers and providers of plumbing, heating and water quality products and solutions – today announced results for the first quarter of 2025. Chief Executive Officer Robert J. Pagano Jr. said, 'We had a solid start to the year with our first quarter results exceeding expectations as we achieved record adjusted operating income, adjusted operating margin and adjusted EPS. (1) I would like to thank our dedicated employees who continued to execute well against a challenging backdrop.' Mr. Pagano continued, 'We are proactively responding to the dynamic trade environment by leveraging our global sourcing strategy, driving incremental productivity within our operations and implementing appropriate pricing actions. We expect that our strategic vertical integration, with manufacturing close to our customers, will continue to be an advantage for us. We have a proven track record of successfully navigating inflation and supply chain challenges and we are confident in our ability to continue delivering on commitments to stakeholders. Given the macro uncertainty, we are maintaining our full year 2025 organic sales and adjusted operating margin outlook. (1) Our balance sheet remains strong, and our solid cash flow generation should continue to support our capital allocation priorities as we create sustainable long-term value.' A summary of first quarter financial results is as follows: ___________________________ (1) Expand First Quarter Financial Highlights First quarter 2025 performance relative to first quarter 2024 Sales of $558 million decreased 2% on a reported and organic basis. Incremental acquisition sales within the Americas were $5 million and contributed 1% to reported growth. Organic sales declined due to fewer shipping days across all regions, which drove an approximate 3% decline, as well as continuing market weakness and destocking in Europe. Unfavorable foreign exchange movements decreased sales by $6 million, or 1%. Operating margin decreased 120 basis points on a reported basis and increased 80 basis points on an adjusted basis. Operating margin was unfavorably impacted by the increase in restructuring charges, partially offset by a reduction in acquisition-related charges. Adjusted operating margin increased primarily due to favorable price, productivity and cost actions which more than offset volume deleverage from fewer shipping days, weakness in Europe and inflation. Regional Performance Americas Sales of $418 million were flat on a reported basis and declined 1% on an organic basis, primarily due to fewer shipping days, which drove an approximate 3% decline that more than offset price realization. The acquisition of I-CON contributed $5 million of incremental sales, or 1% to reported growth. Segment margin increased 130 basis points as benefits from price realization, productivity and cost actions more than offset inflation and volume deleverage. Europe Sales of $108 million decreased 12% on a reported and 9% on an organic basis. Sales declined as a result of lower volumes due to fewer shipping days and continued heat pump and wholesale channel destocking. Unfavorable foreign exchange movements decreased reported sales by 3%. Segment margin decreased 180 basis points as volume deleverage and inflation more than offset benefits from price and productivity. APMEA Sales of $32 million increased 9% on a reported basis and 13% on an organic basis. Sales increased due to growth in China, Australia and the Middle East, which was partly offset by a decline in New Zealand, primarily driven by fewer shipping days. Unfavorable foreign exchange movements decreased sales by 4%. Segment margin decreased 70 basis points as benefits from higher sales and productivity were more than offset by inflation and sales mix. Cash Flow and Capital Allocation For the first quarter of 2025, operating cash flow was $55.2 million and net capital expenditures were $9.6 million, resulting in free cash flow of $45.6 million. In the comparable period last year, operating cash flow was $45.6 million and net capital expenditures were $9.0 million, resulting in free cash flow of $36.6 million. Operating and free cash flow increased primarily due to lower income tax payments. Sequential improvement in operating and free cash flow is expected throughout 2025 due to normal seasonality. On May 5, 2025, the Company announced a 21% increase in quarterly dividend payments, increasing the quarterly payments from $0.43 cents per share to $0.52 cents per share beginning in June 2025. The Company repurchased approximately 19,000 shares of Class A common stock at a cost of $3.9 million during the first quarter of 2025. Approximately $141 million remains available under the stock repurchase program authorized in 2023. There is no expiration date for this program. Full Year 2025 Outlook The Company is maintaining its previous full year organic sales and midpoint of adjusted operating margin outlook. Reported sales are expected to range between -2% to +3% and organic sales to range from -3% to +2%. Full year operating margin is expected to be between 16.7% and 17.3%, or down 60 basis points to flat, and adjusted operating margin is expected to be between 17.7% and 18.3%, or flat to up 60 basis points. The full year outlook incorporates estimated tariff impact and actions as of May 7, 2025. Further 2025 planning assumptions are included in the first quarter earnings materials posted in the Investor Relations section of our website at For a reconciliation of GAAP to non-GAAP items and a statement regarding the usefulness of these measures to investors and management in evaluating our operating performance, please see the tables attached to this press release. Watts Water Technologies, Inc. will hold a live webcast of its conference call to discuss first quarter 2025 results on Thursday, May 8, 2025 at 9:00 a.m. EDT. This press release and the live webcast can be accessed by visiting the Investor Relations section of the Company's website at Following the webcast, the call recording will be available at the same address until May 7, 2026. The Company's 2025 Annual Meeting of Stockholders will be held at 9:00 a.m. EDT on Wednesday, May 21, 2025 at the Company's executive offices located at 815 Chestnut Street, North Andover, Massachusetts. This press release includes 'forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995, including statements relating to expected full year 2025 financial results, including organic sales growth and adjusted operating margin, future dividends, our strategy, investments, the benefits from recent acquisitions, improvements in operating and free cash flow throughout 2025, our ability to manage geo-political uncertainty and current market conditions and return of capital to stockholders. These forward-looking statements reflect our current views about future events. You should not rely on forward-looking statements because our actual results may differ materially from those predicted as a result of a number of potential risks and uncertainties. These potential risks and uncertainties include, but are not limited to: the imposition of or changes to tariff rates and related impacts to our business and the broader market; the effectiveness, timing and expected savings associated with our cost-cutting actions, restructuring and initiatives; integration of acquired businesses in a timely and cost-effective manner, retention of supplier and customer relationships and key employees, and the ability to achieve synergies and cost savings in the amounts and within the time frames currently anticipated; current economic and financial conditions, which can affect the housing and construction markets where our products are sold, manufactured and marketed; shortages in and pricing of raw materials and supplies; our ability to compete effectively; changes in variable interest rates on our borrowings; inflation; failure to expand our markets through acquisitions; failure to successfully develop and introduce new product offerings or enhancements to existing products; failure to manufacture products that meet required performance and safety standards; foreign exchange rate fluctuations; cyclicality of industries where we market our products, such as plumbing and heating wholesalers and home improvement retailers; environmental compliance costs; product liability risks and costs; changes in the status of current litigation; the war in Ukraine and other global crises; supply chain and logistical disruptions or labor shortages and workforce disruptions that could negatively affect our supply chain, manufacturing, distribution, or other business processes; and other risks and uncertainties discussed under the heading 'Item 1A. Risk Factors' and in Note 16 of the Notes to the Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission ('SEC'), as well as risk factors disclosed in our subsequent filings with the SEC. We undertake no duty to update the information contained in this press release, except as required by law. WATTS WATER TECHNOLOGIES, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Amounts in millions, except share information) (Unaudited) March 30, 2025 2024 ASSETS CURRENT ASSETS: Cash and cash equivalents $ 336.8 $ 386.9 Trade accounts receivable, less reserve allowances of $12.5 million at March 30, 2025 and $11.9 million at December 31, 2024 301.1 253.2 Inventories, net: Raw materials 150.4 141.9 Work in process 20.1 16.9 Finished goods 248.6 233.3 Total Inventories 419.1 392.1 Prepaid expenses and other current assets 50.5 51.3 Total Current Assets 1,107.5 1,083.5 PROPERTY, PLANT AND EQUIPMENT: Property, plant and equipment, at cost 713.0 691.6 Accumulated depreciation (455.4) (436.8) Property, plant and equipment, net 257.6 254.8 OTHER ASSETS: Goodwill 760.5 715.0 Intangible assets, net 251.6 235.0 Deferred income taxes 38.9 36.4 Other, net 84.6 72.3 TOTAL ASSETS $ 2,500.7 $ 2,397.0 LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES: Accounts payable $ 158.2 $ 148.0 Accrued expenses and other liabilities 229.2 190.8 Accrued compensation and benefits 62.1 79.1 Total Current Liabilities 449.5 417.9 LONG-TERM DEBT 197.2 197.0 DEFERRED INCOME TAXES 10.9 10.9 OTHER NONCURRENT LIABILITIES 70.9 63.3 STOCKHOLDERS' EQUITY: Preferred Stock, $0.10 par value; 5,000,000 shares authorized; no shares issued or outstanding — — Class A common stock, $0.10 par value; 120,000,000 shares authorized; 1 vote per share; issued and outstanding, 27,428,385 shares at March 30, 2025 and 27,366,685 shares at December 31, 2024 2.7 2.7 Class B common stock, $0.10 par value; 25,000,000 shares authorized; 10 votes per share; issued and outstanding, 5,953,290 shares at March 30, 2025 and December 31, 2024 0.6 0.6 Additional paid-in capital 702.0 696.2 Retained earnings 1,229.6 1,184.8 Accumulated other comprehensive loss (162.7) (176.4) Total Stockholders' Equity 1,772.2 1,707.9 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,500.7 $ 2,397.0 Expand WATTS WATER TECHNOLOGIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Amounts in millions) (Unaudited) Segment Earnings and Non-GAAP Financial Measures In this press release, segment earnings is our GAAP performance measure used by our chief operating decision-maker ('CODM') to assess and evaluate segment results. Segment earnings exclude the impact of non-recurring and unusual items, such as restructuring costs, acquisition-related costs and gain or loss on sale of assets. The CODM uses segment earnings for insight into underlying trends comparing past financial performance with current performance by reporting segment on a consistent basis. Segment margin is defined as segment earnings divided by segment revenue. We refer to non-GAAP financial measures (including adjusted operating income, adjusted operating margin, adjusted net income, adjusted diluted earnings per share, organic sales, organic sales growth, free cash flow, cash conversion rate of free cash flow to net income and net debt to capitalization ratio) and provide a reconciliation of those non-GAAP financial measures to the corresponding financial measures contained in our consolidated financial statements prepared in accordance with GAAP. We believe these financial measures enhance the overall understanding of our historical financial performance and give insight into our future prospects. Adjusted operating income, adjusted operating margin, adjusted net income and adjusted diluted earnings per share eliminate certain expenses incurred and benefits recognized in the periods presented that relate primarily to our global restructuring programs, acquisition-related costs, gain or loss on sale of assets and the related income tax impacts on these items and tax adjustment items. Management then utilizes these adjusted financial measures to assess the run rate of the Company's operations against those of comparable periods. Organic sales and organic sales growth are non-GAAP measures of sales and sales growth excluding the impacts of foreign exchange, acquisitions and divestitures from period-over-period comparisons. Management believes reporting organic sales and organic sales growth provides useful information to investors, potential investors and others, and allows for a more complete understanding of underlying sales trends by providing sales and sales growth on a consistent basis. Free cash flow, cash conversion rate of free cash flow to net income, and the net debt to capitalization ratio, which are adjusted to exclude certain cash inflows and outlays, and include only certain balance sheet accounts from the comparable GAAP measures, are an indication of our performance in cash flow generation and also provide an indication of the Company's relative balance sheet leverage to other industrial manufacturing companies. These non-GAAP financial measures are among the primary indicators management uses as a basis for evaluating our cash flow generation and our capitalization structure. In addition, free cash flow is used as a criterion to measure and pay certain compensation-based incentives. For these reasons, management believes these non-GAAP financial measures can be useful to investors, potential investors and others. The Company's non-GAAP financial measures may not be comparable to similarly titled measures reported by other companies. The presentation of this additional information is not meant to be considered in isolation or as a substitute for financial measures prepared in accordance with GAAP. March 30, March 31, 2025 2024 Net sales $ 558.0 $ 570.9 Operating income $ 87.7 $ 96.7 Operating margin % 15.7 % 16.9 % Adjustments for special items: Restructuring $ 17.3 $ 1.2 Acquisition-related costs 1.1 7.0 Gain on sale of asset — (1.1) Total adjustments for special items $ 18.4 $ 7.1 Adjusted operating income $ 106.1 $ 103.8 Adjusted operating margin % 19.0 % 18.2 % Net income $ 74.0 $ 72.6 Adjustments for special items - tax effected: Restructuring $ 13.0 $ 0.9 Acquisition-related costs 0.8 5.2 Gain on sale of asset — (0.8) Tax adjustment items (8.3) — Total adjustments for special items - tax effected $ 5.5 $ 5.3 Adjusted net income $ 79.5 $ 77.9 Diluted earnings per share $ 2.21 $ 2.17 Restructuring 0.39 0.03 Acquisition-related costs 0.02 0.15 Gain on sale of asset — (0.02) Tax adjustment items (0.25) — Adjusted diluted earnings per share $ 2.37 $ 2.33 Expand TABLE 2 SEGMENT INFORMATION - RECONCILIATION OF SEGMENT EARNINGS TO CONSOLIDATED OPERATING INCOME - GAAP (Amounts in millions) (Unaudited) TABLE 3 SEGMENT INFORMATION - RECONCILIATION OF NET SALES TO NON-GAAP ORGANIC SALES (Amounts in millions) (Unaudited) First Quarter Ended Americas Europe APMEA Total Net sales March 30, 2025 $ 418.1 $ 108.4 $ 31.5 $ 558.0 Net sales March 31, 2024 418.8 123.3 28.8 570.9 Dollar change $ (0.7) $ (14.9) $ 2.7 $ (12.9) Net sales % (decrease) increase (0.2) % (12.1) % 9.4 % (2.3) % Foreign exchange impact 0.3 % 2.9 % 3.8 % 1.1 % Acquisition impact (1.2) % — % — % (0.9) % Organic sales (decrease) increase (1.1) % (9.2) % 13.2 % (2.1) % Expand TABLE 4 (Amounts in millions) (Unaudited) TABLE 5 RECONCILIATION OF LONG-TERM DEBT (INCLUDING CURRENT PORTION) TO NET DEBT AND NET DEBT TO CAPITALIZATION RATIO (Amounts in millions) (Unaudited) TABLE 6 2025 FULL YEAR OUTLOOK – RECONCILIATION OF NET SALES GROWTH TO ORGANIC SALES GROWTH AND OPERATING MARGIN TO ADJUSTED OPERATING MARGIN (Unaudited)
