Latest news with #JohnReed
CBC
29-06-2025
- Sport
- CBC
Canada's Tyler Mislawchuk earns silver at World Triathlon Cup in Morocco
Social Sharing Canada's Tyler Mislawchuk earned the silver medal at the World Triathlon Cup in Saidia, Morocco, on Sunday. The 30-year-old Mislawchuck finished in one hour 45 minutes 58 seconds in the Olympic distance test for his first World Cup podium in three years. Great Britain's Oliver Conway won in 1:45:53 and John Reed of the United States finished third at 1:46:11. It was the seventh World Cup podium of the Oak Bluff, Man., resident's storied career. A three-time Olympian, Mislawchuck came out of the unique 1.5-kilometre swim in sixth spot — just eight seconds back of the frontrunner. After a best-ever ninth place finish at the 2024 Olympics where he was battling for the podium until the final two kilometres. Mislawchuck opened this season with a sixth-place finish at the World Triathlon Championship Series in Yokohama, Japan. On Sunday, Mislawchuck appeared composed and comfortable while settling in for the eight-lap pedal with 24 riders through Morocco's northeastern coastal town known as the Blue Pearl. Thriving in the heat, the lone Canadian in the field followed his game plan, steadily working his way through the pack in the first of five laps on the 10-kilometre run. One of seven athletes out front at the end of the second lap, Mislawchuk made his move and pulled away from the field with Reed and Conway, who was making his first World Cup start, going with him. The trio matched strides over the next lap with the veteran Mislawchuk and rookie Conway controlling the pace. As the intensity and pace picked up in the final loop, Reed dropped back, leaving a head-to-head battle between the Canadian and the Brit until the last 100-metres where the 20-year-old Conway snuck ahead in the last corner and into the finishing stretch.
Yahoo
29-06-2025
- Sport
- Yahoo
Canada's Tyler Mislawchuk earns silver at World Triathlon Cup
SAIDIA — Canada's Tyler Mislawchuk earned the silver medal at the World Triathlon Cup in Saidia, Morocco, on Sunday. The 30-year-old Mislawchuck finished in one hour 45 minutes 58 seconds in the Olympic distance test for his first World Cup podium in three years. Advertisement Great Britain's Oliver Conway won in 1:45:53 and John Reed of the United States finished third at 1:46:11. It was the seventh World Cup podium of the Oak Bluff, Man., resident's storied career. A three-time Olympian, Mislawchuck came out of the unique 1.5-kilometre swim in sixth spot – just eight seconds back of the frontrunner. After a best-ever ninth place finish at the 2024 Olympics where he was battling for the podium until the final two kilometres. Mislawchuck opened this season with a sixth-place finish at the World Triathlon Championship Series in Yokohama, Japan. On Sunday, Mislawchuck appeared composed and comfortable while settling in for the eight-lap pedal with 24 riders through Morocco's northeastern coastal town known as the Blue Pearl. Advertisement Thriving in the heat, the lone Canadian in the field followed his game plan, steadily working his way through the pack in the first of five laps on the 10-kilometre run. One of seven athletes out front at the end of the second lap, Mislawchuk made his move and pulled away from the field with Reed and Conway, who was making his first World Cup start, going with him. The trio matched strides over the next lap with the veteran Mislawchuk and rookie Conway controlling the pace. As the intensity and pace picked up in the final loop, Reed dropped back, leaving a head-to-head battle between the Canadian and the Brit until the last 100-metres where the 20-year-old Conway snuck ahead in the last corner and into the finishing stretch. This report by The Canadian Press was first published June 29, 2025. The Canadian Press
The Guardian
27-06-2025
- Politics
- The Guardian
Three Revolutions by Simon Hall review – how Russia, China and Cuba changed forever
If the word 'revolution' implies, etymologically, a world turned around, then what unfolded in Russia in 1917 was just that. Everything changed. Old-school deference was dead; the proletariat was in power. The communist American journalist John Reed witnessed a contretemps that captured the suddenness of the change. In simpler times, sailors would have yielded to senior ministers, but on the day of the storming of the Winter Palace in St Petersburg, they weren't having it. When, in a last-ditch effort to save the Provisional Government, two liberal grandees demanded that they be let in, one of the sailors replied, 'We will spank you! And if necessary we will shoot you too. Go home now, and leave us in peace!' Here was an anecdote confirming Trotsky's lofty pronouncement that the revolution marked the 'forcible entrance of the masses into the realm of rulership'. Where Trotsky was coolly detached in his bird's-eye The History of the Russian Revolution, Reed was breathless in his wide-eyed, worm's-eye memoir, Ten Days that Shook the World. Reed had the zeal of the convert. Born into a pig-iron fortune in Oregon, he rebelled against his preppy upbringing by embracing the bohemia of Greenwich Village: 'delicatessens, bookshops, art studios and saloons, its long-haired men and short-haired women.' Thereafter, he was fired up by the silk weavers' strike in New Jersey in 1913. Four years later, a sense of adventure and a folie à deux with his socialist wife Louise Bryant took them to Saint Petersburg (then Petrograd), where they witnessed the revolution's great set pieces first-hand. Warren Beatty's portrayal of him as a true believer in the biopic Reds, leafleting and dodging bullets, got him down to a tee. So it was hardly surprising that he was faced with sedition charges on his return. He was indicted for violating the Espionage Act for inveighing against American entry into the First World War. Hounded out of his homeland, he fled to Russia and died of typhus, aged 32; no medicines were available on account of the Western blockade of the Russian Civil War. Reed's is one of six lives served up by historian Simon Hall in his new book. Three of them are revolutionaries – Vladimir Lenin, Mao Zedong and Fidel Castro – and three are American journalists who filed stories from the frontlines of the Russian, Chinese, and Cuban revolutions, respectively: Reed, Edgar Snow and Herbert Matthews. These are unexpected pairings, chosen, one presumes, for their convenience in enabling Hall to reconstruct his three very foreign societies with the help of a largely monoglot bibliography. The conceit is to chronicle the journeys that represented turning points in 20th-century history. In Lenin's case, it was his return to Russia from Swiss exile in April 1917. Something of a party pooper, he maintained that the February Revolution that overthrew the tsar wasn't the real deal. In good time, his comrades came around, and that's how we got the Russian Revolution. In China, meanwhile, the Long March of 1934-5 was a desperate retreat. It was also a lesson in geography and endurance. On the run from the nationalist Kuomintang party's Chiang Kai-shek, who was working with Hitler's general Hans von Seeckt, some 90,000 troops and persecuted communists made the 9,000km trek from the Jiangxi Soviet in the south to Yan'an in the north. Only about 6,000 survived, and Mao emerged as their leader. For his part, Castro returned to Cuba from Mexico in 1956 aboard the Granma, 'a creaking, leaking leisure yacht'. As one compañero put it, it was not so much a landing as a shipwreck. Not all of them managed to negotiate the mangrove thickets of Playa Las Coloradas and Fulgencio Batista's strafing planes, but Castro did. Three years later, he toppled the dictator. Hall's tired trot through the three coups is less interesting than the three scoops he describes. Besides Reed's, we have the midwestern ad man turned journalist Edgar Snow's. He spent four months swimming and playing tennis with Mao's guerrillas in Bao'an, writing up the experience gushingly in Red Star Over China. Zhou Enlai, wrote Snow, was 'every inch an intellectual', Mao a 'gaunt, rather Lincolnesque figure', and the comrades 'the freest and happiest Chinese I had known'. Hall says that Red Star Over China was 'no crass work of propaganda'. But it was. Snow would have known about Mao's purges in the Jiangxi Soviet from 1931-36, in which, it was later revealed, 700,000 people perished. Sign up to Bookmarks Discover new books and learn more about your favourite authors with our expert reviews, interviews and news stories. Literary delights delivered direct to you after newsletter promotion Herbert Matthews of the New York Times was equally starstruck by his subject. Here he is on Castro, whom he met in the Sierra Maestra mountains in 1957: 'This was quite a man – a powerful six-footer, olive-skinned, full-faced with a straggly beard.' What's more, Castro was 'not only not Communist but decidedly anti-Communist'. Matthews's dispatches went a long way in swaying American opinion against Batista's dictatorship, but needless to say, some of the more confident pronouncements about Castro's politics aged badly. Hall's potted narratives trundle along, absorbing rich period and cultural details. His strengths lie in storytelling, not history-writing, which is to say he is more at home with description than analysis. But there lies the rub. Unlike Reed, Snow, and Matthews, he is writing at one remove. This necessitates extensive quotation and, worse, lengthy paraphrases that are inevitably weaker than the lapidary originals. Three Revolutions: Russia, China, Cuba and the Epic Journeys that Changed the World by Simon Hall is published by Faber (£25). To support the Guardian, order your copy at Delivery charges may apply.
The Guardian
26-06-2025
- Politics
- The Guardian
Three Revolutions by Simon Hall review – Stories from the frontlines of revolution
If the word 'revolution' implies, etymologically, a world turned around, then what unfolded in Russia in 1917 was just that. Everything changed. Old-school deference was dead; the proletariat was in power. The communist American journalist John Reed witnessed a contretemps that captured the suddenness of the change. In simpler times, sailors would have yielded to senior ministers, but on the day of the storming of the Winter Palace in St Petersburg, they weren't having it. When, in a last-ditch effort to save the Provisional Government, two liberal grandees demanded that they be let in, one of the sailors replied, 'We will spank you! And if necessary we will shoot you too. Go home now, and leave us in peace!' Here was an anecdote confirming Trotsky's lofty pronouncement that the revolution marked the 'forcible entrance of the masses into the realm of rulership'. Where Trotsky was coolly detached in his bird's-eye The History of the Russian Revolution, Reed was breathless in his wide-eyed, worm's-eye memoir, Ten Days that Shook the World. Reed had the zeal of the convert. Born into a pig-iron fortune in Oregon, he rebelled against his preppy upbringing by embracing the bohemia of Greenwich Village: 'delicatessens, bookshops, art studios and saloons, its long-haired men and short-haired women.' Thereafter, he was fired up by the silk weavers' strike in New Jersey in 1913. Four years later, a sense of adventure and a folie à deux with his socialist wife Louise Bryant took them to Saint Petersburg (then Petrograd), where they witnessed the revolution's great set pieces first-hand. Warren Beatty's portrayal of him as a true believer in the biopic Reds, leafleting and dodging bullets, got him down to a tee. So it was hardly surprising that he was faced with sedition charges on his return. He was indicted for violating the Espionage Act for inveighing against American entry into the First World War. Hounded out of his homeland, he fled to Russia and died of typhus, aged 32; no medicines were available on account of the Western blockade of the Russian Civil War. Reed's is one of six lives served up by historian Simon Hall in his new book. Three of them are revolutionaries – Vladimir Lenin, Mao Zedong and Fidel Castro – and three are American journalists who filed stories from the frontlines of the Russian, Chinese, and Cuban revolutions, respectively: Reed, Edgar Snow and Herbert Matthews. These are unexpected pairings, chosen, one presumes, for their convenience in enabling Hall to reconstruct his three very foreign societies with the help of a largely monoglot bibliography. The conceit is to chronicle the journeys that represented turning points in 20th-century history. In Lenin's case, it was his return to Russia from Swiss exile in April 1917. Something of a party pooper, he maintained that the February Revolution that overthrew the tsar wasn't the real deal. In good time, his comrades came around, and that's how we got the Russian Revolution. In China, meanwhile, the Long March of 1934-5 was a desperate retreat. It was also a lesson in geography and endurance. On the run from the nationalist Kuomintang party's Chiang Kai-shek, who was working with Hitler's general Hans von Seeckt, some 90,000 troops and persecuted communists made the 9,000km trek from the Jiangxi Soviet in the south to Yan'an in the north. Only about 6,000 survived, and Mao emerged as their leader. For his part, Castro returned to Cuba from Mexico in 1956 aboard the Granma, 'a creaking, leaking leisure yacht'. As one compañero put it, it was not so much a landing as a shipwreck. Not all of them managed to negotiate the mangrove thickets of Playa Las Coloradas and Fulgencio Batista's strafing planes, but Castro did. Three years later, he toppled the dictator. Hall's tired trot through the three coups is less interesting than the three scoops he describes. Besides Reed's, we have the midwestern ad man turned journalist Edgar Snow's. He spent four months swimming and playing tennis with Mao's guerrillas in Bao'an, writing up the experience gushingly in Red Star Over China. Zhou Enlai, wrote Snow, was 'every inch an intellectual', Mao a 'gaunt, rather Lincolnesque figure', and the comrades 'the freest and happiest Chinese I had known'. Hall says that Red Star Over China was 'no crass work of propaganda'. But it was. Snow would have known about Mao's purges in the Jiangxi Soviet from 1931-36, in which, it was later revealed, 700,000 people perished. Sign up to Bookmarks Discover new books and learn more about your favourite authors with our expert reviews, interviews and news stories. Literary delights delivered direct to you after newsletter promotion Herbert Matthews of the New York Times was equally starstruck by his subject. Here he is on Castro, whom he met in the Sierra Maestra mountains in 1957: 'This was quite a man – a powerful six-footer, olive-skinned, full-faced with a straggly beard.' What's more, Castro was 'not only not Communist but decidedly anti-Communist'. Matthews's dispatches went a long way in swaying American opinion against Batista's dictatorship, but needless to say, some of the more confident pronouncements about Castro's politics aged badly. Hall's potted narratives trundle along, absorbing rich period and cultural details. His strengths lie in storytelling, not history-writing, which is to say he is more at home with description than analysis. But there lies the rub. Unlike Reed, Snow, and Matthews, he is writing at one remove. This necessitates extensive quotation and, worse, lengthy paraphrases that are inevitably weaker than the lapidary originals. Three Revolutions: Russia, China, Cuba and the Epic Journeys that Changed the World by Simon Hall is published by Faber (£25). To support the Guardian, order your copy at Delivery charges may apply.
Yahoo
05-06-2025
- Business
- Yahoo
ARHS Q1 Earnings Call: Tariffs, Showroom Growth, and Guidance Above Expectations for Q2
Luxury furniture retailer Arhaus (NASDAQ:ARHS) fell short of the market's revenue expectations in Q1 CY2025, but sales rose 5.5% year on year to $311.4 million. Its non-GAAP EPS of $0.03 per share was 51% below analysts' consensus estimates. Is now the time to buy ARHS? Find out in our full research report (it's free). Revenue: $311.4 million (5.5% year-on-year growth) Adjusted EPS: $0.03 vs analyst expectations of $0.06 (51% miss) Revenue Guidance for Q2 CY2025 is $335 million at the midpoint, above analyst estimates of $331.3 million EBITDA guidance for the full year is $134 million at the midpoint, below analyst estimates of $144 million Operating Margin: 1.7%, down from 6.2% in the same quarter last year Locations: 103 at quarter end, up from 92 in the same quarter last year Same-Store Sales fell 1.5% year on year (-9.5% in the same quarter last year) Market Capitalization: $1.25 billion Arhaus's first quarter results were shaped by continued expansion of its showroom footprint and a resilient affluent customer base, despite volatility in consumer demand. Management pointed to strong engagement in both retail and e-commerce channels, with designer-led services driving higher average order values. CEO John Reed attributed the quarter's performance to the company's diversified supply chain, noting that over 70% of upholstery products were sourced and manufactured in the United States, minimizing exposure to shifting tariffs. Reed also emphasized the importance of long-standing vendor partnerships, which have allowed Arhaus to adapt sourcing strategies quickly in response to global trade developments. The company remained disciplined in its promotional and pricing approach, focusing on product quality and customer experience rather than broad-based discounts. Looking ahead, management expects near-term volatility due to evolving tariff policies and shifts in consumer sentiment, but remains focused on strategic investments and showroom growth to drive long-term performance. CEO John Reed stated that Arhaus will continue to prioritize expanding its physical footprint, with 12 to 15 showroom projects planned for the year and additional relocations to enhance brand visibility. CFO Ryan Brody outlined plans to mitigate the estimated $10 million impact from new tariffs through further sourcing diversification and vendor concessions, rather than broad price increases. Management highlighted ongoing investments in technology and operational infrastructure, such as upgraded warehouse management and payment systems, to support scalability and enhance client experience. They believe these efforts, combined with a debt-free balance sheet, will position Arhaus to navigate uncertainty and capitalize on future demand. Management cited showroom expansion, supply chain agility, and a loyal client base as key factors supporting the quarter's growth, while tariff-related cost pressures and consumer uncertainty weighed on margins. Showroom-driven demand growth: New and relocated showrooms generated meaningful client engagement, with management noting that approximately 90% of clients live within 50 miles of a location. These projects not only expanded market presence but also contributed to higher average order values, especially for transactions exceeding $5,000 and $10,000. Sourcing diversification strategy: The company's supply chain is now spread across North America, Europe, and South Asia, reducing reliance on China. Management expects receipts from China to fall to about 1% by year-end, and highlighted investments in domestic manufacturing—particularly in upholstery—to control quality and costs. Tariff impact and mitigation: Leadership estimated a $10 million profit and loss impact from newly implemented tariffs but anticipates offsetting much of this through strategic sourcing shifts and vendor cost concessions. Management emphasized that the majority of Arhaus's products are not affected by the highest tariffs due to the company's existing U.S. production base. Omnichannel and e-commerce investments: The company continued to invest in technology for both online and showroom experiences, rolling out a new payment platform and enhancing its e-commerce site to drive engagement. Digital and content strategies, including catalog storytelling, remain central to Arhaus's brand positioning. Steady client behavior: Despite macroeconomic headwinds and a choppy demand environment, Arhaus reported no significant change in cancellation rates or delivery delays. Clients remained responsive to both large and small purchases, and the company maintained a flexible promotional approach based on customer response to thresholds in its 'buy more, save more' program. Arhaus's outlook for the next quarter and the full year is shaped by tariff costs, continued showroom expansion, and operational investments to support growth and margin resilience. Tariff mitigation and sourcing shifts: The company anticipates ongoing cost pressure from global tariffs, particularly those affecting Chinese imports. However, management believes strategic sourcing adjustments and strong vendor relationships will help offset much of the anticipated $10 million impact, limiting the need for broad price increases. Showroom expansion as a growth driver: With 12 to 15 showroom projects planned for the year, including new openings and relocations, Arhaus expects these investments to enhance brand visibility, attract new clientele, and capture greater market share. Management underscored that new showrooms are evaluated for long-term returns and are not subject to short-term demand fluctuations. Operational investments and margin focus: Continued investment in technology—such as upgraded warehouse management systems and payment platforms—is expected to improve efficiency and scalability. Management also aims to keep gross margin roughly flat year-over-year by balancing fixed occupancy costs with product margin improvements, even as revenue growth remains volatile. Going forward, the StockStory team will be monitoring (1) the impact of further tariff mitigation and sourcing diversification on margins; (2) execution and returns from new showroom openings and relocations; and (3) the effectiveness of operational investments in technology and supply chain infrastructure. Shifts in consumer sentiment and the company's ability to sustain higher average order values will also be important signposts. Arhaus currently trades at a forward P/E ratio of 17.7×. In the wake of earnings, is it a buy or sell? The answer lies in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. 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