Core Insights - Protiviti has appointed Amy Wilkinson to its advisory board, effective September 1, 2025, to enhance its expertise in AI-enabled business models and provide strategic guidance [1][5]. Group 1: Appointment and Expertise - Amy Wilkinson is the founder and CEO of Ingenuity and a faculty member at Stanford Graduate School of Business, bringing extensive expertise in innovation and AI-enabled business models that drive growth [2]. - Wilkinson has a robust background in corporate strategy, private equity, and startups, having collaborated with major organizations like Google, Salesforce, and Roche [3]. - She has served as an Independent Director for Hut 8 and Innovate, showcasing her business judgment and financial acumen [4]. Group 2: Strategic Importance - Joseph Tarantino, president and CEO of Protiviti, emphasized that Wilkinson's depth of experience and forward-looking perspective will provide valuable insights to the advisory board and clients [5]. - Wilkinson expressed enthusiasm about contributing to Protiviti's mission and collaborating with its management team, particularly in the areas of AI and innovation [6]. Group 3: Company Overview - Protiviti is a global consulting firm with over 90 offices in more than 25 countries, providing consulting and managed solutions across various sectors [7]. - The firm has been recognized on the Fortune 100 Best Companies to Work For® list for 11 consecutive years and serves over 80% of Fortune 100 and nearly 80% of Fortune 500 companies [8].

Project Overview - Polkadot 主网于 2020 年 5 月启动，但其根基深厚 [1] - Parity Technologies 致力于构建更好的互联网 [1] Technological Foundation - Parity Technologies 经历了多年的建设，从 ETHCore 到 Substrate 再到 Polkadot [1] - Parity Technologies 的故事是关于韧性、创新和使命的故事 [1]

[Applause] If you only had seconds to save a friend's life, how innovative could you be? Growing up in Michigan, I love to go exploring in the woods behind our house. And one particular day, I went on a walk with my friend Jeremy looking for some turtles. Now, we were 9 years old and we decided to go exploring the woods. And as we're walking around, we came across a ravine. Now, a a ravine is just a large gully. It's got uh dirt walls that are 75 ft high on each side and a large chasm in between. And I thou ...

RT s4mmy (@S4mmyEth)Happy Fri-DeAI!- Eye-watering capital raises- Fresh prediction market agents and- The first sovereign AI phoneInnovation is ramping up; here's a roundup of the DeAI news in the past few days🧵(1/11) https://t.co/98dJuA6MAm ...

Financial Performance & Guidance - Lululemon's earnings guidance came in well below estimates, marking the second guidance cut this year [1][2] - The company attributes the updated guidance to the impact of tariffs and the unexpected removal of the *de minimis* exception [2][3] Impact of Tariffs & *De Minimis* - The removal of the *de minimis* exception significantly impacted Lululemon, as two-thirds of online orders (majority under $800) were previously shipped from a Canadian facility without tariffs [4] - Lululemon is adjusting its distribution network in response to tariffs, a change considered a paradigm shift for the industry [4][5] - The company is exploring vendor partnerships for cost reductions, internal cost reduction measures, and strategic pricing adjustments to mitigate tariff impacts [5][6] - Some price increases on apparel are expected due to tariffs, implemented strategically based on elasticity modeling [6] North American Market Performance - Growth has stalled in the key North American market, particularly in the US [9] - Underperformance in the US is attributed to product issues, specifically in lounge and social categories, due to a lack of newness and innovation in core franchises [10][14] - Lululemon acknowledges the need to update product assortment, color, and style to better engage guests [10] Competition & Market Share - While consumer spending is down in apparel, activewear, and premium activewear, Lululemon claims to have gained market share in the premium activewear category in Q2 [13] - The company acknowledges competition from brands like Alo Yoga and Viori but believes it can win by delivering innovation [13][14] Future Strategy & Innovation - Lululemon hired a new lead creative director a year ago to energize the product playbook and drive innovation [15] - The company anticipates a shift towards more new styles, increasing from an average of 23% of the mix to 35% next year, expecting a turnaround [16] - Lululemon is confident in new styles and expects them to resonate with guests, with exciting new products coming next year [18]

Happy Fri-DeAI!- Eye-watering capital raises- Fresh prediction market agents and- The first sovereign AI phoneInnovation is ramping up; here's a roundup of the DeAI news in the past few days🧵(1/11) https://t.co/98dJuA6MAm ...

Thank you for incredible leadership uh including getting this group together. Thank you, Bill. That was very nice.Thank you so much for getting us all together and thank you for being such a pro business pro innovation president. It's a very refreshing change. We're very excited to see what you're doing to make all of our companies and our our entire country so successful.It's incredible to be among uh everyone here, particularly you and the first lady. Uh I've always enjoyed having dinner and interacting. ...

Financial Data and Key Metrics Changes - Net sales in Q1 were $29.7 million, a decrease of 28.7% compared to $41.6 million in Q1 last year [14] - On a six-month basis, net sales for Q4 and Q1 combined increased by 4.2% compared to the same period last year [14] - Gross margin for Q1 was 46.7%, up 130 basis points compared to Q1 last year [17] - GAAP EPS for Q1 was a loss of $0.54 compared to a loss of $0.18 last year, while non-GAAP EPS was negative $0.26 compared to $0.06 in Q1 last year [18] Business Line Data and Key Metrics Changes - Traditional channel net sales decreased by 24.4% in Q1, while e-commerce net sales decreased by 35.2% compared to last year [14] - Net sales in shooting sports decreased by 25.1%, and outdoor lifestyle net sales decreased by 31.6% over Q1 last year [16] - Domestic net sales decreased by roughly 25%, while international net sales decreased by 58.2% or $2.6 million compared to Q1 last year [16] Market Data and Key Metrics Changes - Purchasing activity from retailers in Q1 reflected replenishment cycles that were turned on and off on a retailer-by-retailer basis [9] - E-commerce channel underperformed in Q1 due to lower order flow from a large e-commerce retailer adjusting its purchasing patterns [10] Company Strategy and Development Direction - The company emphasizes consumer-driven innovation and adapting to a shifting environment to strengthen brand equity and long-term growth [5][6] - An expanded partnership with Major League Fishing aims to enhance recurring subscription revenue and product introductions [11] - The company plans to introduce new products at the upcoming Shot Show in January, focusing on innovation to fuel growth [12] Management's Comments on Operating Environment and Future Outlook - The current environment is characterized by evolving tariff impacts and macroeconomic uncertainty, similar to FY2023 [6][22] - Management expects a year-over-year decline in net sales for Q2 of approximately 15% but remains optimistic about the overall year due to strong POS performance and new product launches [23][24] - The company is focused on maintaining gross margins and controlling costs while supporting long-term growth initiatives [24] Other Important Information - The company ended the quarter with $17.8 million in cash and no debt, maintaining a strong balance sheet [19] - Inventory increased by $21.1 million in the quarter, primarily for seasonal inventory build and tariff-related adjustments [20] Q&A Session Summary Question: Is there still excess tariff-related inventory at retail partners? - Management indicated that while some inventory was accelerated into the prior quarter, it would not be classified as excess [26] Question: How much pricing have you taken so far regarding tariffs? - Management discussed a multi-faceted approach to offset price increases, including supplier concessions and product redesigns, with ongoing adjustments expected throughout the year [27][28] Question: When do you expect order choppiness to settle down? - Management noted that retailers are ordering cautiously, and as inventory normalizes, they expect improved visibility moving forward [36][38] Question: Which brands are seeing the strongest POS? - Brands like Caldwell and BUBBA are performing well, with strong POS data indicating consumer demand [41] Question: What is the status of the M&A pipeline? - The company remains active in looking for acquisition targets but is finding fewer opportunities and is being patient in its approach [44][45] Question: Are consumers trading down to more value-oriented products? - Management observed that while some consumers may be trading down, the company's products continue to attract affluent consumers and enthusiasts [50][51]

Accessibility & Universal Design - The speaker advocates for a shift from treating accessibility as special accommodations to recognizing it as a catalyst for innovation [8][9] - Universal design aims to create spaces, technologies, and communication forms accessible to anyone who wants to use them [10] - The "curb-cut effect" illustrates how disability-friendly features benefit a much larger group than initially intended [13][14] - The speaker highlights the limitations of the Americans with Disabilities Act (ADA), noting it hasn't been revised since 1990, predating modern internet and mobile technology [15][16] - The Fair Labor Standards Act allows employers to pay those with disabilities as little as 25 cents an hour, a practice exploited by over 700 companies in the United States in 2025 [18] Mindset & Innovation - The speaker contrasts a "compliance mindset," which seeks the bare minimum to avoid violating the ADA, with a "possibility mindset," which sees accessibility as a source of innovation [20][26] - The speaker suggests that designing with universal design in mind from the beginning can lead to better jobs, schools, health, and economy [23] Personal Experience - The speaker shares a personal experience of receiving a life-changing medical diagnosis and the subsequent challenges and insights gained [4][5][7] - The speaker lost sight in the right eye and hearing in the right ear, but gained an unexpected insight about accessibility [7]

Circular Economy & Waste Management - The industry highlights the potential of transforming waste into valuable resources, exemplified by using food waste for biogas in Oslo and metal extraction from e-waste in South Korea [1][2] - The report addresses the environmental impact of fast fashion, noting the massive waste generated by quickly discarded clothing [3] - The company explores the innovative use of biochar, derived from waste clothing, as an organic filter for environmental remediation [4] Biochar Technology & Application - The company faced challenges in pioneering the process of converting fabric into biochar, requiring precise adjustments to temperature, pressure, and timing [5][6] - The research demonstrates that fiber-based biochar can effectively remove toxic dyes from wastewater, capture carbon dioxide, and absorb heavy metals from polluted water [7] - The study reveals that the developed fiber biochar, particularly with its natural polar structure, outperforms commercial wood biochar in water and air purification [8] Innovation & Sustainability - The company emphasizes that true innovation lies in creating new value from existing resources, advocating for a shift in mindset towards sustainability [8][9] - The industry encourages exploration of existing resources for innovative solutions, suggesting that the answer to many problems may already be present [1][9]