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Business Wire
3 days ago
- Business
- Business Wire
PotlatchDeltic Corporation Reports Second Quarter 2025 Results
SPOKANE, Wash.--(BUSINESS WIRE)--PotlatchDeltic Corporation (Nasdaq: PCH) today reported net income of $7.4 million, or $0.09 per diluted share, on revenues of $275.0 million for the quarter ended June 30, 2025. Net income was $13.7 million, or $0.17 per diluted share, on revenues of $320.7 million for the quarter ended June 30, 2024. Second Quarter 2025 Highlights Generated Total Adjusted EBITDDA of $52.0 million and Total Adjusted EBITDDA margin of 18.9% Repurchased 1,418,800 shares for $55.9 million, or $39 per share Maintained strong liquidity of $395 million as of June 30, 2025 "Our overall financial results were solid in the second quarter, even amid ongoing economic and trade policy uncertainty,' said Eric Cremers, President and Chief Executive Officer. 'This quarter our Timberlands and Real Estate businesses performed well, while our Wood Products segment continued to be impacted by soft demand across lumber markets. We remained focused on our disciplined and opportunistic capital allocation strategy during the quarter, returning meaningful capital to shareholders through the repurchase of $56 million of our common stock, in addition to paying our regular quarterly dividend. Looking ahead, we remain confident in the long-term fundamentals that support demand for our products. With a strong balance sheet, disciplined operations, and a prudent approach to capital deployment, we believe we are well-positioned to deliver long-term value to our shareholders.' Financial Highlights ($ in millions, except per share data) Q2 2025 Q1 2025 Q2 2024 Revenues $ 275.0 $ 268.3 $ 320.7 Net income $ 7.4 $ 25.8 $ 13.7 Weighted-average shares outstanding, diluted (in thousands) 78,441 79,173 79,741 Net income per diluted share $ 0.09 $ 0.33 $ 0.17 Adjusted Net Income 1 $ 7.4 $ 26.2 $ 13.7 Adjusted Net Income Per Diluted Share 1 $ 0.09 $ 0.33 $ 0.17 Total Adjusted EBITDDA 1 $ 52.0 $ 63.4 $ 103.2 Total Adjusted EBITDDA Margin 1 18.9 % 23.6 % 32.2 % Dividends per share $ 0.45 $ 0.45 $ 0.45 Net cash from operations $ 41.0 $ 49.1 $ 100.6 Cash and cash equivalents $ 95.3 $ 147.5 $ 199.7 1 Adjusted Net Income, Adjusted Net Income Per Diluted Share, Total Adjusted EBITDDA and Total Adjusted EBITDDA Margin are non-GAAP measures. Refer to "Non-GAAP Measures" and Non-GAAP Reconciliations below for more information and reconciliations to GAAP, where applicable. Expand Business Performance: Q2 2025 vs. Q1 2025 Timberlands Second Quarter 2025 Highlights Timberlands Adjusted EBITDDA decreased $2.8 million from Q1 2025 Northern sawlog prices increased primarily due to higher cedar prices and seasonally lighter logs Southern harvest volumes decreased primarily due to lower stumpage sales Forest management costs increased due to seasonally higher activity ($ in millions) Q2 2025 Q1 2025 $ Change Timberlands Revenues $ 101.7 $ 102.5 $ (0.8 ) Timberlands Adjusted EBITDDA 1 $ 39.6 $ 42.4 $ (2.8 ) 1 Refer to Segment Information below for additional information. Expand Wood Products Second Quarter 2025 Highlights Wood Products Adjusted EBITDDA decreased $10.0 million from Q1 2025 Average lumber price decreased 1% to $450 per thousand board feet (MBF) in Q2 2025 Log costs increased primarily due to higher indexed pricing in Idaho Lumber inventory charge was $3.0 million higher compared to Q1 2025 Per-unit manufacturing cost unfavorably impacted by $2.8 million from St. Maries equipment upgrade and temporary third-party power supply issue at Waldo ($ in millions) Q2 2025 Q1 2025 $ Change Wood Products Revenues $ 171.8 $ 164.6 $ 7.2 Wood Products Adjusted EBITDDA 1 $ 1.7 $ 11.7 $ (10.0 ) 1 Refer to Segment Information below for additional information. Expand Real Estate Second Quarter 2025 Highlights Real Estate Adjusted EBITDDA was flat compared to Q1 2025 Sold 7,457 acres of rural land at an average price of $3,108 per acre Sold 18 residential lots at an average price of $102,222 per lot ($ in millions) Q2 2025 Q1 2025 $ Change 1 Refer to Segment Information below for additional information. Expand Non-GAAP Measures This press release includes certain financial measures that are not in accordance with accounting principles generally accepted in the United States (GAAP). Management believes that these non-GAAP measures, when read in conjunction with our GAAP financial statements, provide useful information to investors and other interested parties as described below. The presentation of these non-GAAP financial measures should be considered only as supplemental to, are not intended to be considered in isolation or as a substitute for, or superior to, financial measures prepared in accordance with GAAP. Additionally, these non-GAAP financial measures may not be the same as or comparable to other similarly titled non-GAAP measures presented by other companies due to potential inconsistencies in methods of calculation. Adjusted Net Income (Loss) and Adjusted Net Income (Loss) Per Diluted Share are non-GAAP measures that represent GAAP net income (loss) and GAAP net income (loss) per diluted share before certain items, net of tax, that management believes impact the ability to compare the performance of our business, either period-over-period or with other businesses. Total Adjusted EBITDDA and Total Adjusted EBITDDA Margin are non-GAAP measures that remove the impact of specific items that management believes do not directly reflect the core business operations on an ongoing basis and can be used to evaluate the operational performance of assets under management. We define Total Adjusted EBITDDA Margin as Total Adjusted EBITDDA divided by Revenues. Reconciliations of Total Adjusted EBITDDA, Adjusted Net Income (Loss) and Adjusted Net Income (Loss) Per Diluted Share to their most comparable GAAP measures are set forth in the accompanying 'Non-GAAP Reconciliations' at the end of this release. Conference Call Information A live conference call and webcast will be held Tuesday, July 29, 2025, at 9:00 a.m. Pacific Time (12:00 p.m. Eastern Time). Investors may access the webcast at by clicking on the Investors link or by conference call at 1-888-510-2008 for U.S./Canada and 1-646-960-0306 for international callers. Participants will be asked to provide conference I.D. number 7281983. Supplemental materials that will be discussed during the call are available on the above website. A replay of the conference call will be available two hours following the call until August 5, 2025 by calling 1-800-770-2030 for U.S./Canada or 1-609-800-9909 for international callers. Callers must enter conference I.D. number 7281983 to access the replay. About PotlatchDeltic PotlatchDeltic Corporation (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) with ownership of 2.1 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to corporate responsibility. More information can be found at Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as amended, including without limitation, our expectations regarding the company's revenues, costs, expenses and liquidity; disciplined and opportunistic capital allocation strategy; disciplined operations; demand for our products; positioning to deliver shareholder value; and similar matters. Words such as 'long-term,' 'looking ahead,' 'remain,' and similar expressions are intended to identify such forward-looking statements. You should carefully read forward-looking statements, including statements that contain these words, because they discuss the future expectations or state other 'forward-looking' information about PotlatchDeltic. A number of important factors could cause actual results or events to differ materially from those indicated by such forward-looking statements, many of which are beyond PotlatchDeltic's control, such as changes in the U.S. housing market; changes in timberland values; changes in timber harvest levels on the company's lands; changes in timber prices; changes in policy regarding governmental timber sales; availability of logging contractors and shipping capacity; changes in interest rates; credit availability and homebuyers' ability to qualify for mortgages; availability of labor and developable land; changes in the level of construction and remodeling activity; changes in the U.S. and international economies and effects on our customers and suppliers, including the impact of tariffs on imports to the U.S. and potential retaliatory increases on exports from the U.S. and uncertainty regarding the timing and scope of such changes; duties and trade agreements involving wood products; currency fluctuation; changes in demand for our products and real estate; changes in production and production capacity in the forest products industry; competitive pricing pressures for our products; unanticipated manufacturing disruptions; disruptions or inefficiencies in our supply chain and/or operations; changes in general and industry-specific environmental laws and regulations; unforeseen environmental liabilities or expenditures; weather conditions; fires at our facilities and on our timberland and other catastrophic events; restrictions on harvesting due to fire danger; changes in raw material, fuel and other costs; transportation disruptions; share price; our ability to participate in the natural climate solutions and forest carbon sequestration markets, and the development of the market for those products; the successful execution of the company's strategic plans and the other factors described in PotlatchDeltic's Annual Report on Form 10-K and in the company's other filings with the SEC. PotlatchDeltic assumes no obligation to update the information in this communication, except as otherwise required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, all of which speak only as of the date hereof. PotlatchDeltic Corporation Condensed Consolidated Balance Sheets Unaudited (in thousands, except per share amounts) December 31, 2024 ASSETS Current assets: Cash and cash equivalents $ 95,277 $ 151,551 Customer receivables, net 33,799 23,358 Inventories, net 87,037 82,926 Other current assets 42,741 41,295 Total current assets 258,854 299,130 Property, plant and equipment, net 396,167 408,913 Investment in real estate held for development and sale 53,642 50,809 Timber and timberlands, net 2,320,697 2,357,151 Intangible assets, net 12,971 13,861 Other long-term assets 142,372 175,579 Total assets $ 3,184,703 $ 3,305,443 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable and accrued liabilities $ 96,569 $ 95,628 Current portion of long-term debt 127,383 99,552 Current portion of pension and other postretirement employee benefits 5,098 5,098 Total current liabilities 229,050 200,278 Long-term debt 907,786 935,100 Pension and other postretirement employee benefits 75,328 76,272 Deferred tax liabilities, net 16,729 21,123 Other long-term obligations 33,883 35,000 Total liabilities 1,262,776 1,267,773 Commitments and contingencies Stockholders' equity: Common stock, $1 par value, 200,000 shares authorized, 77,286 and 78,684 shares issued and outstanding 77,286 78,684 Additional paid-in capital 2,321,235 2,315,176 Accumulated deficit (566,125 ) (470,331 ) Accumulated other comprehensive income 89,531 114,141 Total stockholders' equity 1,921,927 2,037,670 Total liabilities and stockholders' equity $ 3,184,703 $ 3,305,443 Expand PotlatchDeltic Corporation Condensed Consolidated Statements of Cash Flows Unaudited Three Months Ended Six Months Ended (in thousands) June 30, 2025 March 31, 2025 June 30, 2024 June 30, 2025 June 30, 2024 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 7,354 $ 25,805 $ 13,678 $ 33,159 $ 13,373 Adjustments to reconcile net income to net cash from operating activities: Depreciation, depletion and amortization 26,751 25,786 29,674 52,537 60,476 Basis of real estate sold 11,481 9,867 56,525 21,348 60,617 Change in deferred taxes (3,531 ) (344 ) (4,694 ) (3,875 ) (8,839 ) Pension and other postretirement employee benefits 1,632 1,631 1,145 3,263 2,288 Equity-based compensation expense 3,195 2,759 2,962 5,954 5,522 Amortization related to redesignated forward-starting interest rate swaps 2,841 2,810 2,643 5,651 5,286 Interest received under swaps with other-than-insignificant financing element (6,950 ) (6,986 ) (7,509 ) (13,936 ) (14,967 ) Other, net (725 ) 1,888 (292 ) 1,163 26 Change in working capital and operating-related activities, net 4,751 (9,259 ) 9,256 (4,508 ) (3,996 ) Real estate development expenditures (2,778 ) (3,326 ) (1,587 ) (6,104 ) (2,722 ) Funding of pension and other postretirement employee benefits (3,022 ) (1,580 ) (1,221 ) (4,602 ) (2,135 ) Proceeds from insurance recoveries — — — — 1,680 Net cash from operating activities 40,999 49,051 100,580 90,050 116,609 CASH FLOWS FROM INVESTING ACTIVITIES Property, plant and equipment additions (3,636 ) (12,114 ) (21,608 ) (15,750 ) (26,603 ) Timberlands reforestation and roads (3,997 ) (7,339 ) (4,940 ) (11,336 ) (12,814 ) Acquisition of timber and timberlands (291 ) (83 ) (43 ) (374 ) (31,481 ) Interest received under swaps with other-than-insignificant financing element 6,544 6,579 6,986 13,123 13,924 Other, net 826 149 245 975 618 Net cash from investing activities (554 ) (12,808 ) (19,360 ) (13,362 ) (56,356 ) CASH FLOWS FROM FINANCING ACTIVITIES Distributions to common stockholders (34,778 ) (35,435 ) (35,677 ) (70,213 ) (71,456 ) Repurchase of common stock (56,108 ) (3,922 ) (23,905 ) (60,030 ) (23,905 ) Other, net (1,083 ) (1,043 ) (1,444 ) (2,126 ) (2,236 ) Net cash from financing activities (91,969 ) (40,400 ) (61,026 ) (132,369 ) (97,597 ) Change in cash, cash equivalents and restricted cash (51,524 ) (4,157 ) 20,194 (55,681 ) (37,344 ) Cash, cash equivalents and restricted cash, beginning 147,568 151,725 180,150 151,725 237,688 Cash, cash equivalents and restricted cash, ending 1 $ 96,044 $ 147,568 $ 200,344 $ 96,044 $ 200,344 Expand 1 Includes $0.8 million, $0.1 million, and $0.7 at June 30, 2025, March 31, 2025, and June 30, 2024, respectively, that were or are intended to be reinvested in timber and timberlands and classified as restricted cash in Other current and long-term assets in the Condensed Consolidated Balance Sheets. Expand PotlatchDeltic Corporation Segment Information Unaudited Three Months Ended Six Months Ended June 30, March 31, June 30, June 30, June 30, (in thousands) 2025 2025 2024 2025 2024 Revenues Timberlands $ 101,664 $ 102,451 $ 98,802 $ 204,115 $ 191,752 Wood Products 171,819 164,645 153,579 336,464 302,177 Real Estate 29,096 27,591 95,732 56,687 106,839 302,579 294,687 348,113 597,266 600,768 Intersegment Timberlands revenues (27,594 ) (26,427 ) (27,442 ) (54,021 ) (51,970 ) Consolidated revenues $ 274,985 $ 268,260 $ 320,671 $ 543,245 $ 548,798 Adjusted EBITDDA 1 Timberlands $ 39,566 $ 42,370 $ 34,124 $ 81,937 $ 68,872 Wood Products 1,723 11,640 (6,805 ) 13,363 (6,944 ) Real Estate 22,720 22,757 89,568 45,476 95,796 Corporate (13,164 ) (12,148 ) (11,756 ) (25,313 ) (24,421 ) Eliminations and adjustments 1,180 (1,252 ) (1,958 ) (71 ) (408 ) Total Adjusted EBITDDA 52,025 63,367 103,173 115,392 132,895 Interest expense, net 2 (10,412 ) (1,492 ) (8,696 ) (11,904 ) (8,414 ) Depreciation, depletion and amortization (26,370 ) (25,404 ) (29,268 ) (51,774 ) (59,663 ) Basis of real estate sold (11,481 ) (9,867 ) (56,525 ) (21,348 ) (60,617 ) Environmental charge — (490 ) — (490 ) — Non-operating pension and other postretirement employee benefits (351 ) (351 ) 201 (702 ) 402 Gain (loss) on disposal of assets (328 ) (96 ) 66 (424 ) 71 Other 741 (206 ) (23 ) 535 (168 ) Income before income taxes $ 3,824 $ 25,461 $ 8,928 $ 29,285 $ 4,506 Depreciation, depletion and amortization Timberlands $ 15,499 $ 15,506 $ 16,790 $ 31,005 $ 34,415 Wood Products 10,495 9,553 12,227 20,048 24,743 Real Estate 159 141 136 300 274 Corporate 217 204 115 421 231 26,370 25,404 29,268 51,774 59,663 Bond discounts and deferred loan fees 2 381 382 406 763 813 Total depreciation, depletion and amortization $ 26,751 $ 25,786 $ 29,674 $ 52,537 $ 60,476 Basis of real estate sold Real Estate $ 11,486 $ 9,868 $ 56,528 $ 21,354 $ 60,622 Eliminations and adjustments (5 ) (1 ) (3 ) (6 ) (5 ) Total basis of real estate sold $ 11,481 $ 9,867 $ 56,525 $ 21,348 $ 60,617 Expand 1 Management uses Adjusted EBITDDA to evaluate company and segment performance. See the reconciliation of Total Adjusted EBITDDA in Non-GAAP Reconciliations. 2 Bond discounts, deferred loan fees, non-cash amortization related to redesignated forward swaps, and interest income are included in interest expense, net in the Condensed Consolidated Statements of Operations. Expand PotlatchDeltic Corporation Non-GAAP Reconciliations Unaudited Three Months Ended Six Months Ended June 30, March 31, June 30, June 30, June 30, (in thousands, except per share amounts) 2025 2025 2024 2025 2024 Total Adjusted EBITDDA 1 Net income (GAAP) $ 7,354 $ 25,805 $ 13,678 $ 33,159 $ 13,373 Interest expense, net 10,412 1,492 8,696 11,904 8,414 Income taxes (3,530 ) (344 ) (4,750 ) (3,874 ) (8,867 ) Depreciation, depletion and amortization 26,370 25,404 29,268 51,774 59,663 Basis of real estate sold 11,481 9,867 56,525 21,348 60,617 Environmental charge — 490 — 490 — Non-operating pension and other postretirement employee benefits 351 351 (201 ) 702 (402 ) Loss (gain) on disposal of assets 328 96 (66 ) 424 (71 ) Other (741 ) 206 23 (535 ) 168 Total Adjusted EBITDDA $ 52,025 $ 63,367 $ 103,173 $ 115,392 $ 132,895 Adjusted Net Income 1 Net income (GAAP) $ 7,354 $ 25,805 $ 13,678 $ 33,159 $ 13,373 Special items after tax: Environmental charge — 368 — 368 — Expand 1 See "Non-GAAP Measures" for further details on management's use of these measures. Expand
Gulf Today
18-06-2025
- Entertainment
- Gulf Today
The five festival fashion trends you need to know for 2025
As festival season approaches, the Glastonbury lineup isn't the only hot topic; festival fashion is also a key point of discussion. While some trends, like Hunter wellies and denim shorts, reappear annually, festival style has evolved significantly since the pandemic. Comfort and everyday trends are now widely embraced. Whether navigating muddy fields or dancing at a day festival, celebrity stylists offer their predictions for this year's top festival trends. 1. Boho chic Boho has been back for a while, and while it may be petering out on the high-street, this year's festivals are the perfect places to sport it. "I love how boho has had a huge revival and in perfect timing for festival season," says celebrity stylist Ellis Ranson. "Think the Chloé runway meets mud and fields. Crochet dresses, fringing, earthy tones - Vanessa Hudgens is your go-to for inspo." Bohemian style has drifted in and out of the fashion spotlight since its heyday in the free-spirited Seventies - but it truly caught fire again in the early 2000s, when icons like Sienna Miller and the Olsen twins made it their signature, teaming floaty blouses with oversized belts and studded boots. Boho chic The trend has never been so fitting for festivals - just look at Kate Moss and Miller's Noughties Glastonbury looks. Stylist Sian Clarke in partnership with Michael Kors, confirms that the boho trend is here to stay, noting an 83% spike in search interest. "Crochet is super versatile," she says. "Consider styling a crochet halter neck with denim shorts and cowboy boots for warmer festival days." From floaty co-ords to stitched accessories, this trend is easy and effortless. 2. Nineties jorts While boho chic may be evoking the 2000s, the rise of baggy jorts - or jean shorts - is throwing festival fashion back to the Nineties. "We are seeing a rise in the new summer staple, the jort," says Ranson, "yes, the longline short, which is actually a great style for every body type, so that's a win for any stylist." Whether DIY'd from an old pair of Levi's or sourced from a beloved vintage shop, the jort is a festival staple teamed with a tank and trainers for a cool but comfy look. 3. Utility core Another trend offering a more laid-back look in comparison to boho chic is utility core. "Comfort is key, we aren't here for being in pain for fashion when it comes to festival fun," says Ranson, "oversized cargo pants, waistcoats, Timberlands, desert neutrals [are all the rage]." Utility core is like a combination of Lara Croft and Euphoria, taking functional silhouettes and pairing them with suede or metallic finishes and face gems. Having a neutral base and layering with gems and jewellery is an easy festival look that doesn't require much thought - especially if you're on day three. 4. Disco cowboy While cowboy boots were in last summer, this season the 'disco cowboy' is making waves with metallic fringe and studded Western boots. "Cowboy boots make everything look cool," says Ranson, "Even if you are wearing a vest and denim shorts they can completely elevate your look." And if you're facing unpredictable weather - which is likely during a UK festival - they're a great pick. "Cowboy boot wellies have emerged from the western trend," says Clarke. "These hybrid heroes give you the best of both worlds: practical for being weatherproof wellingtons and in trend." Metallics are the cherry on top. With searches for 'metallic and fringe jackets' up by 69%, they're clearly the after-dark must-have. "If you have a plainer, more subtle outfit on, throw on a metallic jacket to give it some more personality," says Clarke. Or equally, opting for metallic boots or a bag can spice up your outfit for a festival. 5. Timeless vintage This year more than ever, festival goers are leaning into vintage gems. "A main shift I would say is it being more about vintage finds," says Ranson. "A vintage band tee is an easy safe option, teamed with a floaty skirt, fringed denim, or a dress over the top. "It can work through any trend, year after year." Layered jewellery and a solid pair of retro trainers - a nod to the F1 trend - can give any outfit the edge it needs. The key to making vintage look good is balancing your look. So if you're going for an oversized T-shirt or jacket, pair it with a smaller bottom silhouette. Clarke says micro shorts are a key base for vintage looks: "As cow and snake are the prints of the summer season, pair micro shorts with standout pieces like a cow-print crop top or snake-print jacket." The Independent
Yahoo
06-06-2025
- Entertainment
- Yahoo
Timothee Chalamet, Ben Stiller, 50 Cent headline star-studded Knicks-Pacers Game 4
The stars were out for Game 4 of the Knicks-Pacers Eastern Conference finals Tuesday night in Indianapolis. The stars were out for Game 4 of the Knicks-Pacers Eastern Conference finals Tuesday night in Indianapolis. WWE exec Triple H, actor John Mellencamp and rapper 50 Cent, who is a native of New York, were at Gainbridge Fieldhouse for Game 4. Advertisement Triple H, whose real name is Paul Michael Levesque, posed for a photo with ESPN personality Pat McAfee while on the court. Paul 'Triple H' Levesque and ESPN personality Pat McAfee pose for a photo before the Game 4 of the Knicks-Pacers series on May 27, 2025. IMAGN IMAGES via Reuters Connect Knicks superfans Timothée Chalamet and Ben Stiller walked onto the court and sat together as New York trailed 2-1 in the series. The actors, who made the trip to Indianapolis for Game 3, have become a dynamic duo on celebrity row at Madison Square Garden during the 2025 NBA Playoffs. Rapper 50 Cent prior to Game 4 of the Eastern Conference finals between the Pacers and the Knicks. Trevor Ruszkowski-Imagn Images Actors Timothée Chalamet and Ben Stiller prior to Game 4 between the Pacers and the Knicks. IMAGN IMAGES via Reuters Connect John Mellencamp arrives prior to Game 4 of the Eastern Conference finals between the Pacers and the Knicks. IMAGN IMAGES via Reuters Connect Fellow Knicks diehard Spike Lee was decked out in New York gear head-to-toe, including custom Timberlands. The Academy Award-winning director was spotted chatting with Knicks legend Walt 'Clyde' Frazier while courtside before the game. Spike Lee and Walt 'Clyde' Frazier prior to Game 4 of the Eastern Conference finals between the Pacers and Knicks. Getty Images Spike Lee prior to Game 4 of the Eastern Conference finals between the Pacers and the Knicks. IMAGN IMAGES via Reuters Connect Retired NBA forward Al Harrington, who played for the Knicks and the Pacers, and former Indiana forward Jermaine O'Neal were shown separately on the Jumbotron. Advertisement John Haliburton, the son of Pacers point guard Tyrese Haliburton, took in the action from a suite at Gainbridge Fieldhouse after he missed eight playoff games due to an altercation with Bucks star Giannis Antetokounmpo following Game 5 of the Pacers-Bucks first-round playoff series. Follow The Post's coverage of the Knicks in the 2025 NBA Playoffs Sports+ subscribers: Sign up for Inside the Knicks to get daily newsletter coverage and join Expert Take for insider texts about the series. John Halliburton, father of Indiana Pacers guard Tyrese Haliburton, raises his hands from a suite before Game 4 of the Eastern Conference finals. AP The Pacers rescinded their temporary agreement that John would stay away from Pacers' games for the 'foreseeable future.' Nevertheless, he won't attend away games, ESPN reported Monday.
Hindustan Times
01-06-2025
- Entertainment
- Hindustan Times
Stefon Diggs sends two-word message to Cardi B amid boat video controversy
NFL star Stefon Diggs took to Instagram on Tuesday to share a snap with his girlfriend, rapper Cardi B, ignoring the noise surrounding the boat video controversy. The controversy erupted as a video of Stefon Diggs holding a small bag of pink powder on a yacht party emerged, leading to speculations of drug use. The New England Patriots wide receiver shrugged off the noise and focused on uploading some photos to Instagram, including a snap of him and his beau courtside at a Boston Celtics NBA Playoffs game against the New York Knicks on May 12. "To the month of May, I appreciate you none the less... gotta stay focused," Diggs started the posting spree. He then shared the photo of him and Cardi B courtside to his Instagram Stories with the caption, 'Baby brim.' The photo was one of 20 Diggs posted on his Instagram story. The WR can be spotted in jeans and Timberlands, while Cardi B is kitted out in a black leather suit. The 31-year-old New England Patriots player has been dating the rapper for a while now, although the precise start of their relationship is still unclear. Their dating rumours began swirling in October 2024. New England Patriots star Stefon Diggs was recently seen partying on a boat, passing a bag of pink crystals to women on a boat. While the video has caused controversy, the NFL franchise's coach, Mike Vrabel, said that his conversations with Diggs 'will remain between him I and the club'.
Tom's Guide
28-05-2025
- Lifestyle
- Tom's Guide
Timberland Motion Access Mid Waterproof Sneaker review: Comfortable, stylish and no break-in period
I hiked 25 miles in the new Timberland Motion Access Mid Waterproof hiking sneakers, and I don't plan on hitting the trails in anything but these anytime soon. Moderately priced, stylish, comfortable, durable and waterproof, these sneakers check all the boxes and then some. They also have almost no break-in period, something that is essentially unheard of in the world of hiking shoes/boots. And, despite being called "sneakers" by Timberland, the Motion Access Mids look and wear more like a pair of trendy hiking boots than trail shoes. I wore the Timberland Motion Access Mid Waterproof Sneakers in pouring forest rain, along dusty mountain trails, in the mean city streets and even in social settings. With 25 miles behind me and nothing but positive impressions, here's everything you need to know about Timberland's brilliant new hiking sneakers. The Timberland Motion Access Mid Lace-Up Waterproof Sneaker is available now for $149 directly from Timberland in men's styles/sizing only. Choose from black (shown here), white, light grey or olive. I tested the medium-width version of the Motion Access Mid. The Timberland site hints at a "wide" version, but as of publishing, no styles or sizes are available. Timberland's Motion Access Sneaker line comes in a bunch of varieties, including both low and mid, and with or without waterproofing. For this review, I'm focusing specifically on the Motion Access Mid Waterproof Lace-up Sneakers. Weighing roughly 17 ounces per shoe, these hiking sneakers are a little heavier than many of the best hiking boots we've reviewed, including the 14-ounce Scarpa Rush 2 Mid GTX boots — another favorite of mine — and 14-ounce Salewa Pedroc Pro PowerTex Mid PTX, a top choice for speed hikers. Still, I don't find the Timberlands heavy on my feet. With a stylish silhouette and oversized midsole, Timberland's latest Motion Access Sneakers are also far less granola-looking than the brand's Motion Access Hiking Boots. And that's the point. The Motion Access Mid Waterproof Sneakers are meant to look just as fly on the trailhead as they do at the post-hike watering hole, allowing you to seamlessly transition from outdoor adventurer to hipster socialite without so much as untying a lace. I'm a big fan of the all-black color option. Maybe it's all the years I spent living in New York City, but black-on-black always looks classy in my mind. I also seriously dig the embossed Timberland logo near the heel of the sneaker. In terms of materials, these fully waterproof bad boys feature a mix of high-quality leather and synthetic fabrics, including a healthy amount of "TimberDry," an impermeable textile similar to GORE-TEX and made from 50% recycled plastic. I love mid-style hiking boots and sneakers. As someone prone to rolling an ankle thanks to a youth spent skateboarding, I need the stability and support. Sure, high-tops are an option, but I feel just a little too locked in when wearing them. Plus, I'm not a fan of anything overly clunky footwear (unless we're talking Doc Martens). The Timberland Motion Access Mid Waterproof Sneakers provide adequate ankle support, keeping my flimsy lateral ligaments from overextending all but once during the testing period. I tend to tie my hiking footwear pretty darn tight to avoid such events, and was pleased by how snug I could get the Timberlands. It's worth noting that I swapped out the provided laces for a pair of tougher hiking boot laces ($5) shown here. The upper, like the rest of the sneaker, is made from a mix of leather and synthetic materials. Overall, there's a decent amount of cushioning to keep your ankle comfortable, even with the laces secured tightly. A handy nylon pull loop on the back makes it easy to guide your foot into the shoe. The tongue of the sneaker is squishy and flexible and features the same TimberDry waterproof outer found on the rest of the sneaker. The lower lace loops are nylon, while the upper two are mounted metal hardware. Users can either thread their laces through the hardware or around the outside (see below). Thanks to a roughly 1.25-inch-thick EVA foam midsole, the Timberland Motion Access Mid Waterproof Sneakers are extremely comfortable and well-cushioned, even when walking on rough terrain like jagged rocks. While there are springier hiking shoes out there, I found these to be plenty responsive with decent energy rebound. A plastic heel counter around the back provides added stability, something that's crucial when you have such a thick midsole. The Motion Access Mid Waterproof Sneakers feature the brand's TimberGrip outsole, which consists of varying-sized rubber Xs that protrude a generous amount. It proved incredibly grippy in the numerous slick situations I encountered, including the steep and slippery streets of Seattle, Washington. The TimberGrip extends nearly a half-inch beyond the rear of the sneaker and a similar amount up and around the front, adding much-appreciated toe protection. The extra front grip also makes it easy to dig your toe into especially steep terrain for traction. I was skeptical the first time I put the Timberland Motion Access Mids on. Why? Rather than taking my time to properly break them in before hitting the trail — I like to do this by wearing the shoes/boots around the house and neighborhood for a month or so — I instead laced the sneakers up and immediately went on a hike. Rarely one the break the cardinal rule of comfort, I was pleasantly surprised that my feet felt fantastic for the duration of my trek up Dog Mountain in Washington's Columbia River Gorge. Better yet, several hours after that hike, I was still rocking the Motion Access Mids joyfully and willingly. Timberland's sizing for these sneakers strikes me as right on the money. I tend to wear between a U.S. men's size 9 and 10 in hiking shoes/boots, and opted for a 9.5 this time around with no regrets. Despite a super-comfortable design overall, I was somewhat surprised when I pulled the insole and found it to be a little more than a basic foam pad. Still, it seems pretty darn durable, showing virtually no signs of wear after the first 25 miles of trekking. The Timberland Motion Access Mid Waterproof Sneakers impressed me in every situation I tested them. This includes epic hikes on both coasts of North America — one hot, dry and dusty, and the other cold, dreary and moist. I also wore them while running errands and meeting friends in Seattle, Washington, and during several urban hikes. As noted above, I neglected to break these puppies in before hitting the trail and paid zero price. This is something entirely new to me when it comes to hiking footwear. While your mileage will no doubt vary depending on factors like foot size and comfort expectations, I wouldn't hesitate to recommend these to anyone who loathes the dreaded break-in period. The Timberland Motion Access Mids also blew me out of the water in terms of weatherproofing. During my extremely wet hike in New York's Catskill Mountains — where I was testing the latest AllTrails' features — I was one of the only folks in our group without wet feet when all was said and done. And it's not like I was avoiding water. No. Quite the contrary — I was sloshing and stomping through every puddle and stream I could find, all to put these sneakers to the test, for you, dear readers. (Don't worry, I made sure not to splash my fellow hikers.) In addition to keeping water out, the Timberlands did a good job of keeping my feet firmly planted on the ground by way of those reliably grippy outsole. Simply put, I did not slip while testing these sneakers. They also provided just the right amount of support and stability for my liking, keeping my ankles (mostly) in check on even the most unstable terrain. Similarly, despite a tendency to smash my toes into rocks and tree roots like it's a job, the oversized outsole did a fab job protecting my dogs from inevitable impact. With a cost of $150, the Timberland Motion Access Mid Waterproof hiking sneakers aren't a bargain, but they're also not a total bank-breaker, especially when you consider what you're getting. Though I've only put 25 miles on them, I intend to keep wearing these shoes all hiking season long and will update this review with a wear report down the road. Still, based on my testing so far, I suspect these Timberlands will last a very long time. I tend to be quite rough on footwear, and so far, I see almost zero signs of wear except on the laces (which are, again, $5 to replace). Even the outsoles look brand-new. Ultimately, the Timberland Motion Access Mid Waterproof Sneakers are ideal for folks looking to invest in a no-compromise pair of hiking boots or shoes that excel in wet and dry conditions with good stability, traction, responsiveness and comfort, all while looking fly both on and off the trail. Of course, the Timberland Motion Access Mid Waterproof Sneakers are also an obvious choice for anyone who hates the break-in period. One final note: Don't be fooled by the name. Even though Timberland calls these "sneakers," I still stand by the fact that they look and wear more like modern hiking boots than trail shoes.
