GYM SISTERS RAND OPENI f war 1-17 GYM Herbar fifi GYM Craint BY DOMINIC ISTERS TE YA SISTERS nt <> cimpress Q2 Fiscal Year 2026 Quarterly Earnings Document January 28, 2026 LETTER FROM ROBERT JANUARY 28, 2026 Dear Investor, Cimpress maintained positive momentum in the second quarter of FY2026, achieving our first-ever quarter with revenue above $1 billion, and growing profit year over year. As was the case in Q1, revenue growth continued to outpace our annual revenue growth guidance. Likewise, we have deliv ...

Premiums and Revenues - Gross premiums written for Q4 2025 reached $2,209,707, an increase of 11.9% from $1,975,324 in Q4 2024[18] - Net premiums written increased by 12.9% to $1,383,193 in Q4 2025, compared to $1,225,549 in Q4 2024[18] - Total revenues for the year ended December 31, 2025, were $6,563,678, up from $5,957,651 in 2024, representing an increase of about 10.2%[26] - Gross premiums written for Q4 2025 reached $2,209,707, an increase from $2,124,184 in Q3 2025, contributing to total gross premiums of $9,644,514 for the year 2025, up from $9,005,888 in 2024[28] - Net premiums earned for Q4 2025 reached $1,528,475, an increase from $1,451,883 in Q3 2025, reflecting a growth of approximately 5.5%[23] - Total underwriting revenues for Q4 2025 amounted to $1,532,858, up from $1,458,476 in Q3 2025, leading to total underwriting revenues of $5,737,825 for 2025, compared to $5,336,956 in 2024[28] Income and Expenses - Net income available to common shareholders for the year ended December 31, 2025, was $978,648, down 6.9% from $1,051,536 in 2024[18] - Operating income for Q4 2025 was $249,544, a slight decrease of 0.9% from $251,816 in Q4 2024[18] - Total expenses for the year ended December 31, 2025, amounted to $5,347,500, compared to $4,949,413 in 2024, indicating an increase of about 8.1%[26] - Net income available to common shareholders for Q4 2025 was $282,044, compared to $294,301 in Q3 2025, a decrease of approximately 4.3%[23] - The company reported net investment losses of $14,584,000 in Q4 2025, contrasting with gains of $108,030,000 in Q4 2024[59] Investment Performance - Net investment income for Q4 2025 was $186,992, a decrease of 4.5% from $195,773 in Q4 2024[18] - Net investment income for Q4 2025 was $186,992, slightly up from $184,903 in Q3 2025[23] - Total net investment income for 2025 at $766,903, compared to $759,229 in 2024[28] - The fair value of fixed maturities available for sale increased to $13.02 billion, up from $12.15 billion, a growth of 7.1%[43] - Equity securities at fair value rose to $707.57 million, compared to $579.27 million, reflecting a 22.1% increase[43] Ratios and Returns - Annualized return on average common equity for Q4 2025 was 19.4%, down from 20.7% in Q4 2024[18] - The combined ratio improved to 90.4% in Q4 2025, down from 94.2% in Q4 2024[18] - The combined ratio for Q4 2025 was 90.4%, an increase from 89.4% in Q3 2025, with an annual combined ratio of 89.8% for 2025, down from 92.3% in 2024[28] - The current accident year loss ratio, excluding catastrophe and weather-related losses, was 56.2% in Q4 2025, compared to 55.7% in Q4 2024[18] - The net reserve for losses and loss expenses included $12.3 billion in IBNR, representing 68% of the total reserve[51] Assets and Equity - Total assets increased by 5.4% to $34,461,926 as of December 31, 2025, compared to $32,681,309 in 2024[18] - Shareholders' equity totaled $6.36 billion, slightly down from $6.09 billion, indicating a decrease of 0.4%[41] - Cash and cash equivalents decreased to $1.32 billion from $3.06 billion, a decline of 56.9%[41] - Total investments reached $15.76 billion, up from $15.04 billion, marking a 4.7% increase year-over-year[41] Shareholder Metrics - Book value per diluted common share increased to $77.20 in Q4 2025 from $65.27 in Q4 2024, reflecting a growth of 18.3% year-over-year[56] - Tangible book value per diluted common share rose to $74.71 in Q4 2025, up from $62.97 in Q4 2024, representing a year-over-year increase of 18.8%[57] - Earnings per diluted common share for Q4 2025 increased to $3.67, compared to $3.38 in Q4 2024, marking a growth of 8.6%[59] - The diluted common shares outstanding increased to 75,209 in Q4 2025 from 84,870 in Q4 2024, indicating a reduction in share dilution[57] Losses and Claims - The company reported net losses and loss expenses of $859,427 for Q4 2025, compared to $841,435 in Q3 2025, an increase of approximately 1.1%[23] - Catastrophe and weather-related losses for Q4 2025 were $29,855, compared to $43,659 in Q3 2025, with total losses for 2025 at $159,210, down from $225,996 in 2024[28] - Net losses and loss expenses for the quarter were $859,427 million, compared to $951,314 million in Q4 2024, indicating a reduction in claims[31] Foreign Exchange and Tax - Foreign exchange gains for the year 2025 amounted to $141,983,000, compared to losses of $50,822,000 in 2024, showing a significant turnaround[59] - Bermuda deferred tax benefit in 2025 is due to the derecognition of deferred tax liabilities related to Bermuda corporate income tax, effective December 11, 2025[83] - Bermuda deferred tax benefit in 2024 is due to the recognition of deferred tax assets net of deferred tax liabilities, effective for fiscal years beginning on or after January 1, 2025[83]

FIDELITY D & D BANCORP, INC. FOR IMMEDIATE RELEASE Date: January 28, 2026 Contacts: Daniel J. Santaniello Salvatore R. DeFrancesco, Jr. 570-504-8035 570-504-8000 FIDELITY D & D BANCORP, INC. REPORTS 2025 FINANCIAL RESULTS Dunmore, PA – Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank ("the Company"), announced its unaudited, consolidated financial results for the three and twelve month periods ended December 31, 2025. Unaudited Financial Informat ...

Sales Performance - Sales for the three and nine months ended December 31, 2025 were $1,421.5 million and $3,755.2 million, respectively, representing a 6% increase compared to $1,340.3 million and $3,544.5 million for the same periods in 2024[118]. - Sales in the Asia Pacific region increased by 14% for the three months and 17% for the nine months ended December 31, 2025, while sales in the Americas decreased by 3% for the nine months[119]. - Total sales for the three months ended December 31, 2025, increased by 6% to $1,421,479,000 compared to $1,340,294,000 for the same period in 2024[140]. - Total sales for the nine months ended December 31, 2025, also increased by 6% to $3,755,238,000 compared to $3,544,545,000 for the same period in 2024[140]. - Sales in the Americas region decreased by 3% for the nine months ended December 31, 2025, primarily due to a decline in Gaming sales[136]. - Sales in the EMEA region increased by 9% for the nine months ended December 31, 2025, driven by sales growth in Keyboards & Combos, Video Collaboration, and Pointing Devices[138]. - Sales in the Asia Pacific region increased by 17% for the nine months ended December 31, 2025, primarily due to growth in Gaming and Tablet Accessories[139]. - Sales of Tablet Accessories increased by 21% for the three months ended December 31, 2025, benefiting from strong demand from the education sector[149]. Financial Metrics - Gross margin for the three months ended December 31, 2025 was 43.2%, an increase of 30 basis points from 42.9% in the same period of 2024[120]. - Gross profit for the three months ended December 31, 2025, was $614,639,000, a 7% increase from $574,441,000 in 2024[152]. - Operating expenses for the three months ended December 31, 2025 were $328.6 million, or 23.1% of sales, down from $339.9 million, or 25.4% of sales, in the same period of 2024[121]. - Operating expenses decreased to $328,625,000 for the three months ended December 31, 2025, from $339,885,000 in 2024, primarily due to a reduction in marketing and selling expenses[155]. - Net income for the three and nine months ended December 31, 2025 was $251.0 million and $567.7 million, respectively, compared to $200.1 million and $487.5 million for the same periods in 2024[123]. Cash Flow and Liquidity - As of December 31, 2025, cash and cash equivalents increased to $1,817.8 million from $1,503.2 million as of March 31, 2025, reflecting a strong liquidity position[173]. - Working capital as of December 31, 2025, was $1,709.1 million, up from $1,491.6 million as of March 31, 2025, driven by increases in cash and accounts receivable[174]. - Net cash provided by operating activities for the nine months ended December 31, 2025, was $834.4 million, an increase from $712.9 million in 2024[182]. - The net cash used in financing activities for the nine months ended December 31, 2025, was $483.7 million, primarily due to share repurchases and cash dividends[183]. - The company believes its historical cash flow generation and available cash balances will provide sufficient liquidity for at least the next 12 months[190]. Share Repurchase and Stock Management - The company repurchased 2.7 million shares for an aggregate cost of $239.1 million during the nine months ended December 31, 2025, under its share repurchase program[187]. - The company plans to target share repurchases of $2 billion over the three-year period ending March 31, 2028, subject to market conditions[187]. - The company’s share repurchase program is expected to remain in effect for three years through July 27, 2026, allowing for opportunistic repurchases[189]. - As of December 31, 2025, the company held a total of 14.0 million shares in treasury stock, including 1.1 million shares repurchased for cancellation and 12.9 million shares for equity incentive plans or potential acquisitions[188]. Risks and Challenges - The company expects continued challenges from macroeconomic conditions, including inflation and supply chain disruptions, which may impact future performance[116]. - The company is exposed to market risk due to adverse changes in currency exchange rates and interest rates, which could materially impact financial results[198]. - Approximately 54% of sales during the three months ended December 31, 2025 were denominated in currencies other than the U.S. Dollar, indicating exposure to foreign exchange fluctuations[135]. - An adverse 10% foreign currency exchange rate change would have resulted in an adverse effect on income before income taxes of approximately $21.1 million as of December 31, 2025[202]. - If the U.S. Dollar had weakened by 10%, the amount recorded in accumulated other comprehensive income related to foreign exchange contracts would have been negatively impacted by approximately $40.0 million as of December 31, 2025[204]. Future Outlook - The ongoing growth in gaming and new ways of working post-pandemic present significant opportunities for the company to expand its product offerings[114]. - The company is focusing on diversifying its manufacturing footprint and supplier ecosystem to mitigate risks associated with component availability and pricing[116]. - The company anticipates that its sales growth rates in constant currency would have been 4% for both the three and nine months ended December 31, 2025, if currency exchange rates had been constant[133]. Taxation - The provision for income taxes for the three months ended December 31, 2025, was $48,091,000, with an effective income tax rate of 16.1%, compared to $45,061,000 and 18.4% in 2024[169]. - The estimated top-up tax for fiscal year 2026 is not material and has been included in the calculation of the annual effective tax rate[171]. Inventory Management - The inventory turnover ratio for the three months ended December 31, 2025, increased to 7.2 from 6.3 in the same period of 2024, indicating improved inventory management[181]. - The company has non-cancelable purchase commitments of $434.7 million for inventory purchases, with a liability of $22.5 million recorded for excess and obsolete inventory as of December 31, 2025[192]. - The company has firm purchase commitments of $20.9 million for capital expenditures related to tooling and equipment for new and existing products as of December 31, 2025[193]. Other Income - Interest income for the three months ended December 31, 2025, was $10,985,000, a decrease of $1,191,000 compared to $12,176,000 in 2024[165]. - For the three months ended December 31, 2025, total other income was $2,131,000, compared to a loss of $1,524,000 for the same period in 2024, marking a significant improvement[166]. Lease Obligations - The remaining terms of the company's non-cancelable operating leases expire in various years through 2036, with no material changes reported[191].

Exhibit 99.1 FOR IMMEDIATE RELEASE Investor Contact: Aida Orphan Media Contact: Mark Cazares Levi Strauss & Co. Levi Strauss & Co. (415) 501-6194 (415) 501-7777 Investor-Relations@levi.com NewsMediaRequests@levi.com LEVI STRAUSS & CO. REPORTS FOURTH-QUARTER RESULTS REPORTED NET REVENUES GREW 1%, ORGANIC NET REVENUES UP 5% BROAD-BASED STRENGTH INCLUDING HIGH-SINGLE DIGIT COMPS IN DTC CONTINUING OPERATIONS DILUTED EPS OF $0.40, ADJ DILUTED EPS OF $0.41 STRONG FY 2025 FINANCIAL RESULTS WITH ACCELERATED REVENUE ...

EXHIBIT 10.3 INUVO, INC. EXECUTIVE EMPLOYMENT AGREEMENT THIS AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT is made this 27th day of January, 2026 (this "Agreement"), between Inuvo, Inc. ("Inuvo" or the "Company"), a Nevada corporation, and Robert C. Buchner ("Executive"). Recitals A. Executive is currently employed as an executive officer under the terms of an Employment Agreement, dated September 30, 2025 (the "Original Agreement"). B. Inuvo wishes to continue to employ Executive on the terms and con ...

Release: January 28, 2026 CPKC showcases strength of Precision Scheduled Railroading; delivers record margins Calgary – Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today announced its fourth-quarter results, including revenues of $3.9 billion, diluted earnings per share (EPS) of $1.20 and core adjusted diluted EPS of $1.33. 1 Fourth-quarter 2025 results "Our fourth quarter and full year results demonstrate exceptional execution in a challenging market by controlling what we could control," said ...

Table of Contents or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended November 30, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________ FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-06631 _____________________________ LEVI STRAUSS & CO. (Exact Name of Registrant as Specified in Its Charter) Delaware ...

Financial Performance - Total revenue for Q4 2025 was $1,174 million, a decrease from $1,209 million in Q4 2024, reflecting a year-over-year decline of approximately 2.9%[2] - Basic and diluted earnings per share (EPS) for Q4 2025 were $0.70, down from $1.31 in Q4 2024, representing a decline of approximately 46.6%[2] - Gross profit for Q4 2025 was $86 million, down from $109 million in Q4 2024, indicating a decline of approximately 21.1%[10] - Total revenue for the fiscal year ended December 27, 2025, was $4,743,760, a decrease of 1.6% from $4,819,245 in the previous year[21] - Gross profit margin decreased to 8.5% in 2025 from 9.5% in 2024, indicating a decline in profitability[25] Revenue Breakdown - Truck transportation revenue in Q4 2025 was $1,078 million, accounting for 92% of total revenue, compared to $1,081 million or 89% in Q4 2024[8] - Revenue generated from truck transportation was $4,336,014 in 2025, slightly down from $4,346,554 in 2024, a decrease of 0.2%[21] - Truck revenue per load increased by approximately 1% in Q4 2025 compared to Q4 2024, despite a 1% decrease in the number of loads hauled[9] - The number of loads for truck transportation decreased to 1,943,800 in 2025 from 1,960,960 in 2024, a decline of approximately 0.9%[21] Costs and Expenses - Insurance and claims costs in Q4 2025 were $56 million, significantly higher than the $30 million reported in Q4 2024, marking an increase of approximately 86.7%[4] - The company recorded $2.1 million in non-cash impairment charges related to the ongoing sales process of its wholly-owned Mexican subsidiary[4] Shareholder Actions - The company repurchased 286,695 shares at a cost of $37 million in Q4 2025, bringing the total for the fiscal year to 1,281,863 shares at approximately $180.9 million[5] - The company declared a quarterly dividend of $0.40 per share, payable on March 11, 2026, to stockholders of record as of February 18, 2026[5] Balance Sheet - Cash and short-term investments totaled approximately $452 million as of December 27, 2025, reflecting a strong balance sheet[11] - Total current assets decreased to $1,216,326 in 2025 from $1,319,867 in 2024, reflecting a reduction of approximately 7.8%[19] - Total liabilities increased to $840,520 in 2025 from $742,345 in 2024, representing an increase of about 13.2%[19] - Cash and cash equivalents decreased to $396,694 in 2025 from $515,018 in 2024, a decline of approximately 23%[19] - The company’s retained earnings slightly decreased to $2,852,680 in 2025 from $2,859,916 in 2024, reflecting a marginal decline[19] Operational Efficiency - Variable contribution margin remained stable at 14.1% for both fiscal years, indicating consistent operational efficiency[25] - The company reported a total of 36,852 approved and active truck brokerage carriers as of December 27, 2025, down from 43,718 in the previous year[21]

Revenue Growth - Adtalem's revenue increased by 12.4%, or $55.7 million, to $503.4 million in Q2 FY 2026 compared to the prior year period, driven by growth across all segments [138]. - Walden's revenue surged by 27.0%, or $46.3 million, to $217.6 million in Q2 FY 2026, driven by increased enrollment and higher tuition rates [147]. - Chamberlain's revenue increased by 1.6%, or $2.8 million, to $183.8 million in Q2 FY 2026, supported by higher tuition rates despite a decline in post-licensure nursing program enrollment [145]. - Medical and Veterinary revenue grew by 6.9%, or $6.6 million, to $102.0 million in Q2 FY 2026, attributed to higher enrollment and tuition rates [149]. Income and Earnings - Net income rose by 0.7%, or $0.5 million, to $76.4 million in Q2 FY 2026, primarily due to increased revenue and decreased interest expense [138]. - Adjusted net income increased by 26.7%, or $18.5 million, to $87.9 million in Q2 FY 2026, reflecting strong revenue growth and lower interest expenses [138]. - Consolidated operating income increased 7.0%, or $7.2 million, to $111.1 million in the second quarter of fiscal year 2026 compared to the prior year [158]. - Adjusted net income for the six months ended December 31, 2025, was $152.8 million, compared to $119.9 million in the prior year [213]. Enrollment Trends - Total student enrollment at Chamberlain decreased by 1.0% for the November 2025 session compared to the same session last year, while Walden's enrollment increased by 13.0% as of December 31, 2025 [138]. Tuition Rates - Tuition rates for Chamberlain programs increased by approximately 4.6% from the prior year, while Walden's rates increased by about 2.0% [146][148]. - Tuition rates for RUSM's medical program increased by 4.5% and for RUSVM's veterinary program by 3.0% effective September 2025 [153]. Expenses and Cost Management - Cost of educational services increased 10.1%, or $18.8 million, to $205.4 million in the second quarter of fiscal year 2026 compared to the prior year [151]. - As a percentage of revenue, cost of educational services was 40.8% in the second quarter of fiscal year 2026, down from 41.7% in the prior year period, indicating improved cost efficiencies [152]. - Student services and administrative expense increased 16.5%, or $25.9 million, to $182.8 million in the second quarter of fiscal year 2026 compared to the prior year [154]. Operating Income - Operating income for Chamberlain decreased 24.2%, or $10.2 million, to $32.0 million in the second quarter of fiscal year 2026 compared to the prior year [158]. - Operating income for Walden increased 53.8%, or $26.3 million, to $75.2 million in the second quarter of fiscal year 2026 compared to the prior year [158]. - Walden's segment adjusted operating income increased by 70.0%, or $32.3 million, to $78.5 million in Q2 FY 2026, and increased by 51.5%, or $45.7 million, to $134.5 million in the first six months compared to the prior year [162]. Share Repurchase and Financing - Adtalem repurchased 1,727,565 shares at an average cost of $95.45 per share during Q2 FY 2026, with future repurchases dependent on market conditions [138]. - Adtalem authorized a share repurchase program allowing for the repurchase of up to $750.0 million of common stock through December 15, 2028, with $727.5 million remaining as of December 31, 2025 [194][195]. - Net cash used in financing activities was $267.2 million for the six months ended December 31, 2025, driven by share repurchases of $172.4 million [193]. Cash Flow and Liquidity - Adtalem's net cash provided by operating activities increased by $94.2 million to $160.1 million for the six months ended December 31, 2025, compared to $66.0 million in the prior year period [191]. - Cash collections from students rose by $81.0 million, contributing to the overall increase in operating cash flow [191]. - As of December 31, 2025, Adtalem's consolidated cash and cash equivalents totaled $56.3 million, down from $199.6 million as of June 30, 2025 [190]. Regulatory and Compliance - The One Big Beautiful Bill Act (OBBBA) may significantly impact federal student aid availability, which could affect Adtalem's business operations [140]. - Adtalem's composite score declined to 0.2 as of September 25, 2023, impacting its eligibility for Title IV programs, but management does not expect material adverse effects on operations [176]. - New Gainful Employment rules effective July 1, 2024, require programs to meet specific debt-to-earnings and earnings premium tests to maintain Title IV eligibility [183]. - Adtalem's institutions are subject to heightened cash monitoring and additional reporting requirements due to provisional certifications stemming from the decline in the composite score [181]. Interest and Other Income - Interest expense decreased to $10.9 million in Q2 FY 2026 and $22.0 million in the first six months, down from $13.9 million and $28.4 million in the prior year periods [164]. - Other income, net was $1.7 million in Q2 FY 2026 and $4.2 million in the first six months, compared to $2.2 million and $4.9 million in the prior year periods [165]. Adjusted Earnings and EBITDA - Adjusted earnings per share for the six months ended December 31, 2025, was $4.17, up from $3.09 in the prior year [214]. - Adjusted EBITDA for Adtalem Global Education increased by 23.9% to $154,903,000 for the three months ended December 31, 2025, compared to $125,012,000 in the same period of 2024 [216]. - Adjusted EBITDA margin for Adtalem Global Education improved to 30.8% for the three months ended December 31, 2025, up from 27.9% in the same period of 2024 [216].