expansion, said Jay Schottenstein. This project checked multiple boxes. 1. A haze of charcoal smoke fills the air along with laughter, banter and the aroma of grilled hamburgers and hot dogs. Opinions expressed by Forbes Contributors are their own. . 2. Tailgate offers costs and corporate charges. PITTSBURGH--(BUSINESS WIRE)-- In the late 1980s, American had a new strategy. As car culture continued to define the United States in the 1970s, NFL teams such as the Pittsburgh Steelers, Philadelphia Eagles, New York Giants and New England Patriots moved from stadiums shoehorned into city neighborhoods into new ones with ample parking. Tyrone Turner/WAMU/DCist American Eagle isn't immune to these challenges. "It's been pretty good," Rauch says. And, we expect these revenues to grow to $1.3 billion in FY 2021, up around $880 million from 2016. The company will host a conference call and real time webcast at Shop Men's Tees. AZ, CO, CT, IL, IN, IA, KS, LA, (select parishes), MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WV, WY, CA-ONT only.Eligibility restrictions apply. So what. diluted share, representing growth of 55% from adjusted EPS of $0.22 We move them in ships that are shared across businesses. Just eight years later, young Americans confronted each other on football fields. Gate King Tailgate Adjuster (05-23 Tacoma) $242.76. Oops. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images). in Hong Kong. Peak bloom could be extra early this year, after a bizarrely warm winter. Lots of "win-wins" along the way. For example, youll be surprised how counter-intuitive the stock valuation is for Amazon vs Etsy. Tailgate was acquired by American Eagle in November of 2015. U.S. bald eagle populations have more than quadrupled in the lower 48 states since 2009, according to a new survey from the U.S. That means shipping more packages to customers, handing them fewer shopping bags at the cash register and shifting inventories around to meet newfound demand on the internet. After opening a store in Madison, Wisconsin, American Eagle set up shop on Market Square in 2016, making Knoxville home toone of the first Tailgate stores. Starting in late summer and continuing through early winter, temporary tent cities pop up in stadium parking lots across the country. American Eagle dropped a BIG launch in 2019 where they extended their sizing and offered sizes 000-24, in extra short to extra long. If youre getting to the lots early, a breakfast spread could be in play. We are expecting AEOs revenues to decline 13% y-o-y for full-year fiscal 2021. A refreshing light beer goes a long way. American Eagle has projected its logistics business to contribute around 5 to 6 points to the mid-teens revenue growth rate it's calling for in fiscal 2022. Tailgate always put out great unique product. The notion of people gathering around food is not newwhen contests emerged for entertainment, it was natural for food to be part of the gathering, says Bradford,associate professor of marketing at the University of California at Irvine. The Eagles own specific parking lot is the K Lot right in front of the stadium. Open everything back up. The company will report third quarter financial results on December 2, the companys business and operations. hide caption. When they arrived, they met a local volunteer named Mara. a distinct New York sensibility. Snyder and Jimmy Olsson join American Eagle in executive roles. hide caption. Necessity drove Ron, Taylor, and Kobe Johnson to create the Tailgate N Go, a portable outdoor kitchen that packs everything you need in a single 360-degree package. The company also opened 24 refurbished stores, including two AE . Retailers that attempted to build out supply chain capabilities on their own in the thick of the Covid pandemic saw those efforts "come back to bite them," he said, in large part because it's so costly to go it alone: "There needs to be a better solution.". In the upcoming quarter, the retailer expects its namesake American Eagle stores sales to decline in the low double-digit percentage range, as a result of higher store penetration. 4.2 out of 5 stars 80 ratings | 5 answered questions . A powerful quake has knocked down multiple buildings in southeast Turkey and Syria and many casualties are feared. Shop Women's Shirts. Overall, American Eagle said it is targeting revenue of $5.5 billion, and operating income of $550 million, in fiscal 2023. Pittsburgh, PA 15203, American Eagle Outfitters Acquires Tailgate Clothing Company, http://www.businesswire.com/news/home/20151103005320/en/, Add back: Asset Impairment and Corporate Overhead Reduction Charges. Iowa-based Tailgate Clothing Co. has been purchased by American Eagle Outfitters and plans to open as many as 200 stores in college towns in the Midwest and southeast, the two . We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. June 7, 1992: American Eagle Flight 5456, operated by regional airline Executive Airlines, was on a regular flight between San Juan, Puerto Rico and Mayaguez, Puerto Rico when it lost control and crashed nose-down about 3/4 mile from the Mayaguez, Puerto Rico airport. Free shipping for many products! You can sign up for additional subscriptions at any time. Shop Alix Earle's Top Picks Baggy denim, soft basics, and comfy tops save an extra 20% off now! Shop 44 Tacoma Tailgates & Accessories Builds. 02-28-2023 08:44 PM. See allTrefis Price EstimatesandDownloadTrefis Datahere, Whats behind Trefis? Rutgers and Princeton play the first football game, When the Irish Invaded Canada: The Incredible True Story of the Civil War Veterans Who Fought for Irelands Freedom, Strong Boy: The Life and Times of John L. Sullivan. hide caption. American Eagle Outfitters (NYSE: AEO) namesake label, which sells men and women apparel and accessories under the American Eagle, Tailgate, and Todd Snyder brands, has seen its revenues (excluding Aerie) grow modestly at a CAGR of 3% from $3.2 billion in 2016 to $3.5 billion in 2019, but we expect these revenues to shrink going forward to close to $3.1 billion in 2021 (down $140 million from 2016). Sign up for free newsletters and get more CNBC delivered to your inbox. At some point, you may see people walking around selling Jell-O shots. President, reporting to Chad Kessler, Global Brand President, American I tailgate with a guy named Brian. Todd Snyder, Steve King, Kelsey Byus, Brad Shaffer, Ellie Ejiasi, Natalie Schneckloth and countless others were the reason why the store was a success. In 2020, the pandemic accelerated Aeries sales as the brand stood out for AEO, amid declining sales of its namesake brand. Bryan Eshelman, a managing director in the retail practice at global consulting firm AlixPartners, said he can see the logic behind American Eagle's unique approach. All things I care passionately about. Those experiences offered him clearer perspective on the competitive advantages that some of the biggest retailers in the industry have, he said, but also the disadvantages for so-called midsized retailers that do less than $40 billion or so in sales each year. More: WearKnox shop gives UT digital marketing students a taste of the real world, "I hope anytime that you walked into my store you saw the pride that me and my staff both have for the customer experience," Galyean said in an Instagram video. to access the webcast and audio replay. American Eagle Outfitters ask you to call them at 1 (888) 232-4535 if you have any specific questions about a damaged item you received. But by Friday, American subsidiary PSA Airlines, which flies under the American. Over reaction may even be an understatement. American Eagle Ad. American Eagle Outfitters wants to be more like Amazon. When we would get to Jetro at the crack of dawn, he would cook up a mean breakfast on the grill. The onlookers hoped the visiting squad would score a quick victory in what became known as the picnic battle. Positioned miles from the action, spectators gazed through opera glasses and complained of the obstructed views from the smoke and trees. LuckyProphet_ 7 mo. "So, this may feel like a break up. In 1906, when automobile registrations surpassed 100,000 for the first time, the 32,000 fans traveling to New Haven, Connecticut for the Harvard-Yale game included motorists who indulged in what might be the first pre-game tailgate. Not to get in the business of selling everything from shoes to pet food to toilet paper. Before joining American Eagle, Natarajan had stints at major consumer-facing businesses including PepsiCo, Walt Disney Co., Walmart and Target oftentimes within the supply chain division. Bald eagle populations have gradually recovered since that listing and were removed from the endangered species list in 2007. RBP Honeycomb Tailgate Net; Gray Star (Universal; Some Adaptation May Be Required) $40.99. Shekar Natarajan is chief supply chain officer of American Eagle Outfitters. Just pulling up to a parking lot and taking in the infectious, electric energy from all the fans around you, everyone connected with the sole goal of seeing the Eagles grab a win is thrilling. Given the new venues, a lack of viable dining alternatives and the rising cost of stadium concessions, tailgating spread across the NFL, and some teams promoted parking lot parties and barbecues as part of the game day experience. FACT CHECK: We strive for accuracy and fairness. News nominations : The American retailer adds Tailgate and Todd Snyder to its brand portfolio following the acquisition of Tailgate Clothing Company. impairment and restructuring charges. Americaneagle.com ranks 37th among Website Development sites. These sizes were availab. In the third quarter, comparable sales increased 9%. January 11, 2017, 6:37 AM. After American Eagle's intimates . Global Business and Financial News, Stock Quotes, and Market Data and Analysis. In fact, its lingerie brand has quickly grabbed market share from ailing Victorias Secret with body-positive marketing campaigns and cheaper products. 2. Maybe you guys could somehow distribute the apparel still through Amazon/other? "We just accelerated the entire journey by almost four years.". The segment's revenues increased from around $397 million in 2016 to almost $819 million in FY 2019 at a CAGR of a robust 24%. Sadly, American Eagle closed the store yesterday after a nearly 7 year run. The efforts aren't going unnoticed on Wall Street, either. "I was always worried about what was going to happen to retailers in the middle," he said. Enter: a new, younger female bald eagle, V5. 2015. launched the Tailgate brand in 1997, followed by his eponymous menswear (#590678) Size: M/L Tailgate by American Eagle. AEOs FQ4 2021 earnings per share is expected to be $0.39 per Trefis analysis, marginally beating the consensus estimate of $0.36. 20. Create an account to follow your favorite communities and start taking part in conversations. These financial measures are not based on any standardized methodology Service 14 Value 13 Shipping 2 Returns 2 Quality 11 Positive reviews (last 12 months): 100% View ratings trends 3 See all photos Reviews 2 0 Our new Tailgate store concept is an ideal outlet to integrate AE jeans 2023 A&E Television Networks, LLC. Anyone who wants to join the rewards program must be at least 15 years old. Sad to see it go but love your comments on the appreciation for good design. "They seem to be a really great pair together.". While the First Lady was known for disappearing in the warmer months and returning in October or November (such is the cuffing season cycle), Mr. President and LOTUS "seemed like they spent a lot of time together" last year. Tailhook scandal, scandal in which U.S. Navy and Marine Corps officers and defense contractors committed sexual harassment and sexual assault at the U.S. Navy's Tailhook Symposium in Las Vegas, Nevada, on September 5-7, 1991. You have to actually GET THERE before you can start raging, ya know? Bring a truck or a van and break out the grill! This story is from DCist.com, the local news site of WAMU. American Eagle wants to master a business function that became critical for retailers during the Covid-19 pandemic: the supply chain. "The bald eagle has always been considered a sacred species to American Indian people, and similarly it's sacred to our nation as America's national symbol," said Haaland, a member of New Mexico's Laguna Pueblo and the first Native American Cabinet secretary. (TSA) Article. Hoagie trays work for a big crew too! [Show more. Bradford says timing is part of the reason. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images). If youre an Eagles fan hitting up a home game and doing a little tailgating beforehand, youre guaranteed to have a blast. Jetro has taken on sort of a mythical vibe as the wild cool party spot, and it is to a degree, but its not much different from what youre going to find elsewhere. Read more. Eastlake Ohio Nest Cam "Unlike the vast majority of its brethren, we believe American Eagle Outfitters (NYSE: AEO) has a focused plan to leverage its leadership positions in denim and its . Twenty-nine were found dead at a man-made reservoir called DeGray Lake, before deaths. We want to hear from you. Slowly but surely, the airlines were consolidated. fashionmom615. $52.99 $ 52. described in the Risk Factor Section of the company's Form 10-K and Form That's tough! Twitter Is Just One Reason Why, Gamma Mama! American Eagle Outfitters, Inc. (NYSE:AEO) today announced the ABMD The main characters of eagle cam season 1, the two took us on a tumultuous journey through Justice's hit-it-and-quit-it attitude, Liberty's brief rebound romance with a male eagle named M2, and ultimately the couple's reconciliation at their nest above the D.C. Police Academy in Southwest. They had everything set up and ready to go for game day: tent, grill, extension cords, chair. Find the latest American Eagle sales and verified coupons from Los Angeles Times. Contamination from DDT, a powerful insecticide that found its way into eagles' prey, made their eggs so fragile that they often broke while their parents incubated them. In the winter months of 2020 and 2021, around five female and male bald eagles dropped by the seemingly happy couples' digs in the heights of a tulip poplar. (2) EPS likely to beat consensus estimates. Demonstrators peacefully protest in 2020 at the Lincoln Memorial as heavy storm clouds move in. American Eagle Outfitters and Aerie From the screenshot above, those items include bras, swimwear, Apartment items, Tailgate Items, and 3rd party shoes. As it became more difficult for restaurants in college towns to feed the enormous crowds, more fans held trunk picnics and dined on blankets in parking lots. Please enter a valid email and try again. with GAAP and therefore, should not be used exclusively in evaluating During the days leading up to Black Friday, American Eagle sales really shine. If you dont want to deal with the hassle of driving and cooking, you can still get in on the fun. Look for the statue of Smokin' Joe Frazier. Result: $250,000 for 20% equity + $50/unit royalty. [9] Investigation into the cause of the crash was reported in November 2019. The previous EPS guidance range was $0.28 to $0.31. 58x24 inch. / Kirn Vintage Stock/Corbis via Getty Images. Got a confidential news tip? Fan Gear for over 400 teams including NCAA, NFL, NBA, NHL, and MLS. $20 $50. With Tailgate's absence, downtown is now without a store specializing specifically in Vols gear. By choosing I Accept, you consent to our use of cookies and other tracking technologies. Ryan Wilusz, USA TODAY NETWORK - Tennessee, WearKnox shop gives UT digital marketing students a taste of the real world. Whether it's for your car, truck, or boat, we offer a large collection of American flag decals and wraps, including American wave wraps, USA flag side decal kits, and of course, the American flags with bald eagles. 7. The ritual grew as ownership of automobiles and then mass production of portable grills and plastic coolers soared. Denim sales continue to rise. Finally, my most important takeaway from the experience was the discovery of how valuable "intersections" are in business. Amazing people all incredibly talented. In AE 24/7 hoodies & your fave Athletic Fit jeans. Data is a real-time snapshot *Data is delayed at least 15 minutes. 3. American Eagle's chief operating officer, Michael Rempell, said the apparel retailer including its intimates- and swim-centric Aerie business is already more effectively managing inventories and labor, thanks to its Quiet logistics business. Its peers will either emulate the model and play catch-up, or lean on American Eagle long term. Tailgate was acquired by American Eagle in November of 2015. The theory is that the Green Bay Packers coined the term "tailgating" in 1919, and that's when the term began to be used and associated with modern day American football. At $5 billion in annual sales, American Eagle fits the bill. Fast foward a year: V5 (now known as LOTUS, short for Lady of the United States) laid an egg Thursday evening the first bald eagle egg to be laid at the Arboretum since 2018. As a result, under Chief Executive Jay Schottenstein, the company fast-tracked its vision to create a streamlined model that can offer retail partners help on everything from ensuring orders with multiple items are packaged together, to speeding up home deliveries. hide caption. provide exciting new business opportunities, said Jay Schottenstein, asset impairments and $17.7 million of severance and related employee "We manufacture goods in factories that are shared right across retail. That would be so exciting if AE brought them back, They had some of the best designed sports stuff . While AEO stock may be overvalued now, 2020 has created many pricing discontinuities that can offer attractive trading opportunities. ", "The only way that you could actually have Amazon-like scale, Amazon-like costs and Amazon-like capabilities you have to share," said Natarajan. retail apparel, including Designer for Polo Ralph Lauren, the Director Screenshot/American Eagle Foundation Eagle Cam its merchandise collections bringing quality and style to traditional "Mans is out here bringing a bald eagle . 1) Revenues expected to be slightly below consensus estimates. To truly understand the passion (or madness) of Eagles fans, you have to experience a tailgate outside of Lincoln Financial Field. To break it down, the teen retailers women business revenues (excluding Aerie) grew only at a compounded annual growth rate of 4% during the 2016 and 2019 period, whereas the mens business came in largely flat. Well stated , Matt. A major reason for this slowdown in revenues is low brand loyalty among buyers in the U.S. teen apparel market. Tailgate Knoxville, a one-stop shop for University of Tennessee apparel, has reached its tail end on Market Square, leaving downtown Knoxville without a store specializing in Vols gear. Cars will be lined up before the lots even officially open with long-time tailgaters racing to get their spots. Maybe youll be the FIRST person in line like this guy: yet another member of the Clancy family on Fox 29. According to Natarajan, retailers sign multiyear deals to be part of the Quiet Platform. Size: M Tailgate by American Eagle. There are often multi-generation familial relationships with universities and teams, which result in annual pilgrimages of alums to return home and enact tailgate rituals.. That's where Shekar Natarajan, American Eagle's chief supply chain officer, comes into the picture. 2. Give your prized car a refreshed new look with our custom Tailgate Wrap. I had a subscription box company and it was a similar scenario. "For the many retailers that are investing in their supply chain, acquiring upstream like this is not that common," said Corey Tarlowe, an equity analyst at Jefferies. 4:15 p.m. Eastern Time on that date. During my involvement, before the AE acquisition, I learned many valuable and rewarding lessons about business start-up and entrepreneurship. * 21+ (19+ CA-ONT) (18+ NH/WY). collection inspired by Savile Row craftsmanship, military tailoring, and Tesla Investors Arent Impressed With Elon Musk. He was named IOWA CITY - American Eagle Outfitters is making a bid to enter the collegiate apparel market by acquiring Iowa-based Tailgate Clothing . Since LOTUS laid her egg Thursday evening, Mr. President has been an attentive partner, according to Rauch, taking over incubation duties while she stretched her wings and grabbed a bite to eat. Its just a gigantic communal party. American Flag Distressed Rust Tailgate Wrap from $64.99. Look at our interactive dashboard analysis of American Eagle Outfitters Pre-Earnings: What To Expect in Q4? Global Forces Two global forces which pose a threat to American Eagle is the demand for the American Eagle brand in international markets and limited amount of experience American Eagle has in foreign nations (American Eagle Form 10-K, 2016). Ive been trying to figure that out too. My first small business project post-NFL was a partnership with Tailgate Clothing Company. While AEO stock could trade sideways post Q4 release, 2020 has created many pricing discontinuities that can offer attractive trading opportunities. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. I think we're in very good shape in terms of supply chain disruptions, says American Eagle Outfitters CEO, Bank of America reveals the winning market share gainers with more room to run. and personal care products at affordable prices under its American Eagle Throw some classic burgers and dogs on there or even take it up a notch and cook some steaks. See allTrefis Price EstimatesandDownloadTrefis Datahere, Whats behind Trefis? If its you and a friend or a family member, maybe you just want to do something small and hang outside your car. (non-GAAP or adjusted), including earnings per share information. American Airlines had to rebook customers Thursday as one of its regional carriers grounded most of its planes. American Eagle's goal, according to Natarajan, is to "Uber-ize" the global supply chain, thereby making it a shared service for retailers. For practical reasons, people would travel to watch and would bring meals. There are options for where you can go tailgate. improvement. Going by our AEOs valuation, with a revenue per share estimate of around $21.98 and a P/S multiple of 1.2x in fiscal 2021, this translates into a price of under $26, which is 2% lower than the current market price of over $26. This button displays the currently selected search type. She and Mr. President were having some trouble in the bedroom before LOTUS' arrival, according to Rauch, after a few failed mating seasons. You'll find multiple bars, restaurants, and big-screen TVs under one roof. On July 21, 1861, residents of Washington packed picnic baskets and loaded into carriages and buggies for a day in the Virginia countryside. as an additional means for investors to evaluate the companys operating You can be pumping out food all day easily. Todd and Jimmy bring exceptional creative talent and The company does not undertake to publicly update or revise its In the winter months of 2020 and 2021, around five female and male bald eagles dropped by the seemingly happy couples' digs in the heights of a tulip poplar. It was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc., a company that also owned and operated Silverman's Menswear. merchandise at www.tailgateclothing.com, If all goes according to plan, we could see eaglets hatch in around 34-36 days. As for what else eagle cam viewers can expect from season 3, no one can say. specialty retailer offering high-quality, on-trend clothing, accessories It's a bet that American Eagle can lead the industry into a new territory of vertical logistics and dilute costs. The number of bald eagles in the lower 48 U.S. states a population once on the brink of extinction has quadrupled in the last dozen years to more than 316,000, federal wildlife officials . A post shared by Tailgate Knoxville (@tailgatevols). So sad to hear Tailgate closed! "Collectively, we can have the same [package] volume as Walmart. technician117 on 02-28-2023. Have you thought about bringing the user experience of that store into the digital world? I went to the website to start buying Christmas gifts and it was discontinued! The company, which currently runs around 880 physical retail locations, is planning to permanently close between 200 and 250 stores in the next three years, mostly in malls. and apparel, creating a unique lifestyle destination on college New York, New York Vice President Of Global Men's and Boy's Merchandising . What is the cherry blossom indicator tree, and why is it budding in February? Overall, AEO is learning to adapt to the new dynamics of a post-pandemic world, with its digital channel accounting for around one-third of its total revenues. This Bald Eagle pair reside in our nation's capital, Washington D.C. Their nest sits high in a Tulip Poplar tree among the Azalea Collection at the U.S. National Arboretum, which is operated by the United States Department of Agriculture. 3. Downtown Knoxville changed with the revitalization of Market Square. Otherwise, it looks like a $5 fee will be deducted form your refund to cover shipping costs. It was closed ~22 March 2021. Some of our most recent codes have included: American Eagle coupon: 50% off all PJs, sweatshirts, and more. Sad to see it leave Iowa City but thankful for the memories and lessons learned. Fish and Wildlife Service. A report by the National Audubon Society found that two-thirds of North America's bird species are at increasing risk of extinction due to a warming climate. Fish and Wildlife Service found there are more than 70,000 breeding pairs of the iconic raptor in the contiguous U.S. hide caption. to lead the day-to-day operations of Tailgate and Todd Snyder New York. While in-store sales will still be difficult for the duration of the pandemic, the company could likely be in a much more secure position than its peers when the economy fully reopens. Although this exceeded both the company's own and analysts' expectations . East of the Linc is the fabled Jetro Lot. It's a bet that American Eagle can lead the industry into a new territory of vertical logistics and dilute costs. The Tailgate brand started in an Iowa basement in 1997 before being purchased by American Eagle in 2015, Knox News previously reported. The division is run by Natarajan and a small-but-growing team that stays at arm's length from the core retail division. are not necessarily comparable to similar measures presented by other Opinions expressed by Forbes Contributors are their own. Tailgate was this perfect intersection of history, place, design, main street business. will be paced, with a test and scale approach based on profitability and Khalil Hamra/AP Photo To receive notifications via email, enter your email address and select at least one subscription below. The festivities before the annual college game between Florida and Georgia in Jacksonville, Florida began as early as the Wednesday before kickoff. To be sure, investors are waiting to see more proof points, and it shows in the stock's performance in recent months, which is lagging the broader industry. Find many great new & used options and get the best deals for USA Vinyl Tailgate Decal Graphic Wrap Truck Pickup Car AMERICAN FLAG EAGLE NEW at the best online prices at eBay! Shop Now. One early-blooming tree suggests peak bloom could be very early this year, after an unusually warm winter. American Eagle Outfitters, AEO, is known for offering trendy jeans, tops, activewear, and more. Tailgating is wildly popular at the annual Florida-Georgia football game in Jacksonville, Florida. February 16, 2023 Call it the cherry blossom in the coal mine. The newly laid egg is the latest twist in bald eagle drama for Washingtonians. American Eagle's digital sales represented36% of total transactions by the end of 2021, compared with 29% two years earlier. from those expressed or implied in any such forward-looking statements. American Flag Ripped Metal #2 Riveted Metal . Tailgate wrap is made of PVC vinyl material to provide durability against weather and UV protection against fading. represent our expectations or beliefs concerning future events, In a sick twist of irony, the First Lady, who hatched seven chicks at the Arboretum with Mr. President, abruptly flew away on Feb. 14, 2021. If you weren't caught up on season 2's cliffhanger of an ending: longtime lovers at the National Arboretum, Mr. President, a male bald eagle, and the First Lady, his seven-year nestmate, headed to splitsville, and we met a new character. Updated list of options Ford is deleting. He can be found online at www.christopherklein.com or on Twitter @historyauthor. Order placed. acquisition of Tailgate Clothing Company, which owns and operates Get this delivered to your inbox, and more info about our products and services. The purchase price was approximately $11 million paid in cash and stock. enos new bedford, matthew pineda wife,