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AP Sports SummaryBrief at 6:41 p.m. ESTNet sales increased 2% versus last year with comparable sales up 1% Operating margin of 9.3% improved 270 basis points versus last year Market share gains across all brands in the quarter Raises outlook for fiscal 2024 net sales, gross margin and operating income growth SAN FRANCISCO , Nov. 21, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GAP), the largest specialty apparel company in the U.S. and a house of iconic brands including Old Navy, Gap, Banana Republic, and Athleta, today reported financial results for its third quarter ended November 2, 2024. "I'm proud that Gap Inc. delivered another successful quarter, growing net sales for the 4 th consecutive quarter and gaining market share across all brands while meaningfully expanding operating margin," said President and Chief Executive Officer, Richard Dickson . "Consistent execution of our strategic priorities, including the rigor and repetition we're applying to our brand reinvigoration playbook, is making us a stronger company and demonstrates our continued progress in unlocking Gap Inc.'s full potential." Dickson continued: "Holiday is off to a strong start and we remain focused on executing with excellence in the fourth quarter. Our performance year-to-date gives us the confidence to raise our full year outlook for sales, gross margin and operating income growth." Third Quarter Fiscal 2024 – Financial Results Balance Sheet and Cash Flow Highlights Additional information regarding free cash flow, which is a non-GAAP financial measure, is provided at the end of this press release along with a reconciliation of this measure from the most directly comparable GAAP financial measure for the applicable period. Third Quarter Fiscal 2024 – Global Brand Results Comparable Sales Third Quarter 2024 2023 Old Navy — % 1 % Gap 3 % (1) % Banana Republic (1) % (8) % Athleta 5 % (19) % Gap Inc. 1 % (2) % Old Navy: Gap: Banana Republic: Athleta: Fiscal 2024 Outlook As a result of its strong third quarter results, the company is raising its full year outlook for net sales, gross margin and operating income growth compared to prior expectations. Please note that the company's projected full year fiscal 2024 operating income growth below is provided in comparison to its full year fiscal 2023 adjusted operating income, which excludes $93 million in restructuring costs and a $47 million gain on sale of a building. Full Year Fiscal 2024 Current FY24 Outlook Prior FY24 Outlook FY23 Results Net sales Up 1.5% to 2.0% on a 52-week basis Up slightly on a 52-week basis $14.9 billion 1 Gross margin Approximately 220 bps expansion Approximately 200 bps expansion 38.8 % Operating expense Approximately $5.1 billion Approximately $5.1 billion $5.17 billion (adjusted) 2 Operating income Mid to High 60% growth range Mid to High 50% growth range $606 million (adjusted) 3 Effective tax rate Approximately 26.5% Approximately 28% 9.7 % Capital expenditures Approximately $500 million Approximately $500 million $420 million 1 Fiscal year 2023 consisted of 53 weeks and the extra week drove approximately $160 million of incremental sales. 2 Fiscal year 2023 adjusted operating expense of $5.17 billion excludes $89 million in restructuring costs and a $47 million gain on sale. 3 Fiscal year 2023 adjusted operating income of $606 million excludes $93 million in restructuring costs and a $47 million gain on sale. Webcast and Conference Call Information Whitney Notaro , Head of Investor Relations at Gap Inc., will host a conference call to review the company's third quarter fiscal 2024 results beginning at approximately 2:00 p.m. Pacific Time today. Ms. Notaro will be joined by President and Chief Executive Officer, Richard Dickson and Chief Financial Officer, Katrina O'Connell . A live webcast of the conference call and accompanying materials will be available online at investors.gapinc.com . A replay of the webcast will be available at the same location. Non-GAAP Disclosure This press release and related conference call include financial measures that have not been calculated in accordance with U.S. generally accepted accounting principles (GAAP) and are therefore referred to as non-GAAP financial measures. The non-GAAP measures described below are intended to provide investors with additional useful information about the company's financial performance, to enhance the overall understanding of its past performance and future prospects, and to allow for greater transparency with respect to important metrics used by management for financial and operating decision-making. The company presents these non-GAAP financial measures to assist investors in seeing its financial performance from management's view and because it believes they provide an additional tool for investors to use in computing the company's core financial performance over multiple periods with other companies in its industry. Additional information regarding the intended use of non-GAAP measures included in this press release and related conference call is provided in the tables to this press release. The non-GAAP measures included in this press release and related conference call are adjusted operating expense/adjusted SG&A, adjusted operating income, adjusted operating margin, adjusted diluted earnings per share, and free cash flow. These non-GAAP measures exclude the impact of certain items that are set forth in the tables to this press release. In addition, the company's outlook includes projected full year fiscal 2024 operating income growth compared to its full year fiscal 2023 adjusted operating income. The non-GAAP measures used by the company should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP and may not be the same as similarly titled measures used by other companies due to possible differences in method and in items or events being adjusted. The company urges investors to review the reconciliation of non-GAAP financial measures to the most directly comparable GAAP financial measures included in the tables to this press release below, and not to rely on any single financial measure to evaluate its business. The non-GAAP financial measures used by the company have limitations in their usefulness to investors because they have no standardized meaning prescribed by GAAP and are not prepared under any comprehensive set of accounting rules or principles. Forward-Looking Statements This press release and related conference call and accompanying materials contain forward-looking statements within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All statements other than those that are purely historical are forward-looking statements. Words such as "expect," "anticipate," "believe," "estimate," "intend," "plan," "project," and similar expressions also identify forward-looking statements. Forward-looking statements include statements regarding the following: becoming a high performing company; unlocking Gap Inc.'s potential; our four strategic priorities, including maintaining and delivering financial and operational rigor, the reinvigoration of our brands, strengthening our operating platform, and energizing our culture; driving relevance and revenue by executing on our brand reinvigoration playbook; expectations for Old Navy for the holiday season; accelerating Old Navy's presence in the Active category; Old Navy's holiday activations and product; reigniting Gap brand's leadership in trend-right products and creative expression through big ideas and culturally relevant messaging; reestablishing Banana Republic to thrive in the premium lifestyle space; evolving Banana Republic's assortment and fit; continuing to fix the fundamentals at Banana Republic; Banana Republic's holiday product; Athleta's trajectory; Athleta's holiday product; enhancing Athleta's in-store and online experiences; driving high-performance across our teams; executing with excellence; Gap Inc.'s positioning going into the holiday season; expectations for our full year performance; expected year-end inventory levels; expected full year fiscal 2024 net sales; the expected impact of the loss of the 53rd week on full year fiscal 2024 net sales; expected fourth quarter fiscal 2024 net sales; the expected impacts of the loss of the 53rd week and the weekly calendar shift on fourth quarter fiscal 2024 net sales; expected full year fiscal 2024 gross margin; the expected impacts of commodity costs and better inventory management on full year fiscal 2024 gross margin; expected full year fiscal 2024 ROD; expected fourth quarter fiscal 2024 gross margin; the expected impact of the loss of the 53rd week on fourth quarter fiscal 2024 gross margin; expected full year fiscal 2024 SG&A/operating expense; continuing cost discipline and unlocking more efficiencies in the business; expected full year fiscal 2024 operating income; expected full year fiscal 2024 effective tax rate; expected full year fiscal 2024 capital expenditures; generating sustainable, profitable growth and delivering long-term shareholder value; and our dividend policy. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause our actual results to differ materially from those in the forward-looking statements. These factors include, without limitation, the following risks, any of which could have an adverse effect on our business, financial condition, results of operations, or reputation: the overall global economic and geopolitical environment, including the ongoing Russia - Ukraine and Israel-Hamas conflicts and recent elections in the United States , and impacts on consumer spending patterns; social and political unrest in our sourcing countries, including Bangladesh , and disruptions to global trade and shipping capacity, including in the Red Sea; the risk that we or our franchisees may be unsuccessful in gauging apparel trends and changing consumer preferences or responding with sufficient lead time; the highly competitive nature of our business in the United States and internationally; the risk that we may be unable to manage our inventory effectively and the resulting impact on our gross margins and sales; the risk that our investments in customer, digital, and omni-channel shopping initiatives may not deliver the results we anticipate; the risk that we fail to maintain, enhance, and protect our brand image and reputation; the risk of loss or theft of assets, including inventory shortage; the risk that we fail to manage key executive succession and retention or continue to attract qualified personnel; reductions in income and cash flow from our credit card arrangement related to our private label and co-branded credit cards; the risk that changes in our business strategy or restructuring our operations may not generate the intended benefits or projected cost savings; the risk that trade matters could increase the cost or reduce the supply of apparel available to us; the risks to our business, including our costs and global supply chain, associated with global sourcing and manufacturing; the risks to our reputation or operations associated with importing merchandise from foreign countries, including failure of our vendors to adhere to our Code of Vendor Conduct; the risk that we or our franchisees may be unsuccessful in identifying, negotiating, and securing new store locations and renewing, modifying, or terminating leases for existing store locations effectively; engaging in or seeking to engage in strategic transactions that are subject to various risks and uncertainties; the risk that our efforts to expand internationally may not be successful; the risk that our franchisees and licensees could impair the value of our brands; the risk of data or other security breaches or vulnerabilities that may result in increased costs, violations of law, significant legal and financial exposure, and a loss of confidence in our security measures; the risk that failures of, or updates or changes to, our IT systems may disrupt our operations; the risk that our comparable sales and margins may experience fluctuations, that we may fail to meet financial market expectations, or that the seasonality of our business may experience fluctuations; the risk of foreign currency exchange rate fluctuations; the risk that our level of indebtedness may impact our ability to operate and expand our business; the risk that we and our subsidiaries may be unable to meet our obligations under our indebtedness agreements; the risk that changes in our credit profile or deterioration in market conditions may limit our access to the capital markets; natural disasters, public health crises (such as pandemics and epidemics), political crises (such as the ongoing Russia - Ukraine and Israel-Hamas conflicts), negative global climate patterns, or other catastrophic events; evolving regulations and expectations with respect to ESG matters, including climate reporting; the adverse effects of climate change on our operations and those of our franchisees, vendors, and other business partners; our failure to comply with applicable laws and regulations and changes in the regulatory or administrative landscape; the risk that we will not be successful in defending various proceedings, lawsuits, disputes, and claims; the risk that our estimates and assumptions used when preparing our financial information are inaccurate or may change; the risk that changes in the geographic mix and level of income or losses, the expected or actual outcome of audits, changes in deferred tax valuation allowances, and new legislation could impact our effective tax rate, or that we may be required to pay amounts in excess of established tax liabilities; the risk that changes in our business structure, our performance or our industry could result in reductions in our pre-tax income or utilization of existing tax carryforwards in future periods, and require additional deferred tax valuation allowances; the risk that the adoption of new accounting pronouncements will impact future results; and the risk that additional information may arise during our close process or as a result of subsequent events that would require us to make adjustments to our financial information. Additional information regarding factors that could cause results to differ can be found in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 19, 2024 , as well as our subsequent filings with the Securities and Exchange Commission. These forward-looking statements are based on information as of November 21, 2024 . We assume no obligation to publicly update or revise our forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. About Gap Inc. Gap Inc., a house of iconic brands, is the largest specialty apparel company in America. Its Old Navy , Gap , Banana Republic , and Athleta brands offer clothing, accessories, and lifestyle products for men, women and children. Since 1969, Gap Inc. has created products and experiences that shape culture, while doing right by employees, communities and the planet. Gap Inc. products are available worldwide through company-operated stores, franchise stores, and e-commerce sites. Fiscal year 2023 net sales were $14.9 billion . For more information, please visit www.gapinc.com . Investor Relations Contact: Nina Bari Investor_relations@gap.com Media Relations Contact: Megan Foote Press@gap.com The Gap, Inc. CONDENSED CONSOLIDATED BALANCE SHEETS UNAUDITED ($ in millions) November 2, 2024 October 28, 2023 ASSETS Current assets: Cash and cash equivalents $ 1,969 $ 1,351 Short-term investments 250 — Merchandise inventory 2,331 2,377 Other current assets 580 646 Total current assets 5,130 4,374 Property and equipment, net of accumulated depreciation 2,546 2,552 Operating lease assets 3,217 3,200 Other long-term assets 960 926 Total assets $ 11,853 $ 11,052 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 1,523 $ 1,433 Accrued expenses and other current liabilities 1,135 1,078 Current portion of operating lease liabilities 617 604 Income taxes payable 50 24 Total current liabilities 3,325 3,139 Long-term liabilities: Long-term debt 1,489 1,488 Long-term operating lease liabilities 3,360 3,456 Other long-term liabilities 544 509 Total long-term liabilities 5,393 5,453 Total stockholders' equity 3,135 2,460 Total liabilities and stockholders' equity $ 11,853 $ 11,052 The Gap, Inc. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS UNAUDITED 13 Weeks Ended 39 Weeks Ended ($ and shares in millions except per share amounts) November 2, 2024 October 28, 2023 November 2, 2024 October 28, 2023 Net sales $ 3,829 $ 3,767 $ 10,937 $ 10,591 Cost of goods sold and occupancy expenses 2,194 2,211 6,322 6,488 Gross profit 1,635 1,556 4,615 4,103 Operating expenses 1,280 1,306 3,762 3,757 Operating income 355 250 853 346 Interest, net (6) — (12) 8 Income before income taxes 361 250 865 338 Income tax expense 87 32 227 21 Net income $ 274 $ 218 $ 638 $ 317 Weighted-average number of shares - basic 377 371 376 369 Weighted-average number of shares - diluted 383 375 383 373 Earnings per share - basic $ 0.73 $ 0.59 $ 1.70 $ 0.86 Earnings per share - diluted $ 0.72 $ 0.58 $ 1.67 $ 0.85 The Gap, Inc. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS UNAUDITED 39 Weeks Ended ($ in millions) November 2, 2024 (a) October 28, 2023 (a) Cash flows from operating activities: Net income $ 638 $ 317 Depreciation and amortization 371 394 Gain on sale of building — (47) Change in merchandise inventory (344) (5) Change in accounts payable 156 133 Other, netExploration has always been a key element in "Black Myth: Wukong," allowing players to immerse themselves in the rich lore and fantastical landscapes inspired by Chinese mythology. With the addition of the map function, players can now chart their course through the game's vast world, uncovering hidden secrets, mysterious locations, and challenging obstacles along the way.

FuelPositive Announces Strategic Private Placement Investment, Debt Settlement and Progress in ManitobaAs the season progresses, all eyes will be on the veteran players who have carried their teams in the early rounds, as well as the impact, or lack thereof, of the summer signings on the league's title race. Fans will be hoping to see their clubs address any glaring weaknesses in the January transfer window to ensure a strong finish to the season and a renewed sense of optimism for the future.BOSTON, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Duck Creek Technologies, penyedia solusi cerdas global yang membentuk masa depan arah perkembangan asuransi properti dan kecelakaan (P&C) serta asuransi umum, telah menunjuk tiga eksekutif berpengalaman ke tim kepemimpinan global seniornya dengan tujuan mendorong pertumbuhan dan transformasi bagi perusahaan dan nasabahnya. Ketiga eksekutif tersebut ialah William Magowan, wakil presiden senior Penjualan Amerika Utara; Elodie Hilderal, direktur pengelola EMEA; dan Christian Erickson, direktur pengelola APAC. Mereka akan bersama-sama bekerja dengan organisasi yang lebih besar guna membuka peluang ekspansi dan pertumbuhan pendapatan baru sembari memastikan pemberian pengalaman kelas dunia bagi nasabah dan mitra Duck Creek di seluruh dunia. William, Elodie, dan Christian memiliki latar belakang yang kaya dalam bidang teknologi asuransi, termasuk pengalaman di dalam perusahaan Duck Creek: William Magowan bergabung kembali ke Duck Creek sebagai Wakil Presiden Senior Penjualan Amerika Utara dengan pengalaman selama 20 tahun sebagai pemimpin penjualan dalam industri teknologi asuransi. Ia telah menunjukkan rekam jejak yang kuat dalam mengembangkan dan memimpin tim penjualan berkinerja tinggi, mendorong inovasi produk, serta memberikan nilai nasabah yang terbukti. Elodie Hilderal ditunjuk sebagai Direktur Pengelolaan EMEA setelah kesuksesannya yang luar biasa sebagai Wakil Presiden Penjualan Duck Creek. Elodie adalah seorang pemimpin yang berpengalaman dengan latar belakang yang kuat dalam industri perangkat lunak perusahaan asuransi dan reasuransi dengan pengalaman kepemimpinan selama 15 tahun di bidang penjualan, layanan profesional, dan kesuksesan nasabah. Christian Erickson memiliki pengalaman lebih dari 25 tahun di bidang perangkat lunak perusahaan, cloud, keamanan siber, dan layanan profesional dalam peran barunya sebagai Direktur Pengelola APAC . Sebelum bergabung bersama Duck Creek, Christian bekerja sebagai manajer umum untuk segmen jasa keuangan dan segmen asuransi di berbagai perusahaan, termasuk Cognizant dan Accenture. Di sana, ia bertanggung jawab atas pertumbuhan, kesuksesan nasabah, dan layanan profesional. “Penunjukan William, Elodie, dan Christian menandai momen penting bagi Duck Creek. Keterampilan kepemimpinan dan keahlian industri mereka memampukan kami mencapai pertumbuhan yang belum pernah diwujudkan sebelumnya dan memperluas jangkauan global kami pada 2025,” ujar Mike Jackowski, Kepala Pejabat Eksekutif Duck Creek Technologies. “Karena Duck Creek adalah pelopor dalam teknologi asuransi, nasabah kami mengharapkan kami untuk menetapkan standar keunggulan, dari solusi yang kami terapkan hingga pengalaman nasabah yang kami berikan. Ketiga eksekutif ini memiliki latar belakang, pengetahuan, dan kesuksesan yang telah terbukti untuk membantu memastikan Duck Creek terus memimpin industri kami demi manfaat jangka panjang bagi perusahaan asuransi dan pemegang polis.” Tentang Duck Creek Technologies Duck Creek Technologies merupakan penyedia solusi cerdas global yang membentuk masa depan arah perkembangan industri asuransi properti dan kecelakaan (P&C) serta asuransi umum. Kami adalah platform yang menjadi dasar bagi sistem asuransi modern sehingga memungkinkan industri ini memanfaatkan kekuatan cloud untuk menjalankan operasi yang tangkas, cerdas, dan berkelanjutan. Autentisitas, tujuan, dan transparansi merupakan inti dari Duck Creek, dan kami yakin asuransi seharusnya tersedia untuk individu dan pelaku usaha kapan pun, di mana pun, dan bagaimana pun mereka membutuhkannya. Solusi kami yang terdepan di pasar tersedia secara mandiri atau dalam versi rangkaian lengkap (full suite) , dan semuanya tersedia melalui Duck Creek OnDemand . Kunjungi www.duckcreek.com untuk mempelajari lebih lanjut. Ikuti Duck Creek di saluran media sosial kami untuk mendapatkan informasi terbaru – LinkedIn dan X . Kontak Media: Marianne Dempsey/Tara Stred duckcreek@threeringsinc.com

The days leading up to the match were filled with intense training sessions specifically tailored to counteract Barcelona's defensive strategy. Real Madrid's coaching staff, led by the tactically astute Carlo Ancelotti, devised drills and exercises aimed at exploiting the spaces left behind by Barcelona's high line. Mbappé, known for his lightning speed and intelligent movement off the ball, was expected to be the key to unlocking the opposition's defense.

Monster Hunter: Wilds continues to surprise and awe players with the unveiling of its latest addition to the bestiary – the formidable Brachydios! Set in the vibrant and dangerous Crimson Forest, this apex predator has been causing quite a stir among veteran hunters and newcomers alike.As federal agencies prepare for the change in administration, agency action continues at a rapid pace―including several recent AI-related measures by the U.S. Department of Commerce and U.S. Office of the Director of National Intelligence (“ODNI”). In late November, the Department of Commerce’s Artificial Intelligence Safety Institute (“AISI”) established a new taskforce to research and test AI models in areas critical to national security and public safety, while ODNI released guidance on the acquisition and use of foundation AI models. AISI’s Testing Risks of AI for National Security (“TRAINS”) Taskforce is intended to operationalize the requirements set out in October’s National Security Memorandum on AI (“AI Memo”), pursuant to Executive Order (“EO”) 14110 and advance the “whole-of-government approach to AI safety.” Together, the AI Memo and EO 14110 direct the national security (and adjacent) agencies to, broadly, responsibly advance the government’s AI capabilities and develop an AI governance framework. According to the Department of Commerce , TRAINS will bring together a range of stakeholders to collaborate on identifying, measuring and managing the developing impacts of AI on national security and public safety domains. Relevant areas include radiological and nuclear, chemical and biological, cybersecurity, critical infrastructure, conventional military capabilities and others. Initial representation on the taskforce will include members of the Department of Defense, Department of Energy and ten of its National Laboratories, Department of Homeland Security including the Cybersecurity and Infrastructure Security Agency, and National Institutes of Health at the Department of Health and Human Services. The taskforce is just one of many initiatives stemming from the White House AI Memo and EO 14110 . The AISI, housed under the National Institute of Standards and Technology, plays a key role in a number of AI and national security related measures. In response to continuing obligations under a less recent directive that remains critical to the data protection and national security space, EO 12333, ODNI issued the Common Intelligence Community Interim Guidance Regarding the Acquisition and Use of Foundation AI Models (“Interim Guidance”). The Interim Guidance is intended to enable the intelligence community (“IC”) to lawfully conduct intelligence activities in the era of powerful AI in response to the directives of EO 14110 and the AI Memo. ODNI reiterates that the IC is authorized to collect, retain and disseminate U.S. person information for approved purposes under EO 12333, but must consider the implications of doing so via AI foundation models, which process massive amounts of commercially available and other information, and were not the type of technology initially considered when EO 12333 was developed. The guidance sets out relevant parameters and definitions for doing so, including: when a foundation model is considered to be “acquired” by the IC ( i.e. , hosted or accessed in a manner different than what is available to the general public); considerations for modifying or augmenting an acquired foundation model ( i.e. , following all existing legal and policy limitations such as the Foreign Intelligence Surveillance Act); and considerations for foundation model prompts and retention of outputs. The Interim Guidance clarifies that “acquiring” a foundation model does not necessarily mean the IC is acquiring the training data, but this depends on the facts and circumstances. The guidance directs the IC to refer to protections and principles in existing frameworks and guidance, specifically naming documents such as the Framework to Advance AI Governance and Risk Management in National Security. As we discussed in previous coverage of this topic, while early activities under the AI Memo and EO 14110 will tend to more immediately impact the government sector, the private sector is already involved at certain levels in coordinating with government stakeholders as efforts continue to develop in this area. Additionally, though the administration change may impact the contours of AI governance, companies supplying AI models to the IC or government more broadly may encounter an increasingly complex set of considerations during the procurement process as well.

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The NFL has faced ongoing controversy for years regarding the potential link between chronic traumatic encephalopathy (CTE) and football-related injuries, with no resolution in sight. More News: Blood Test Can Benefit NFL Concussion Return-to-Play Decisions Although the league settled a lawsuit filed by over 4,500 former players who claimed the NFL downplayed the risks of brain trauma, the family of Ed Lothamer, a former defensive tackle who played eight seasons for the Kansas City Chiefs, argues that the league treats players with CTE as "throwaways" and is "just waiting for everyone to die." In a sobering new profile with The Kansas City Star , Ryan Lothamer-Welch, daughter of the deceased Chiefs player, went into detail regarding feeling "shunned" by the NFL due to her father's struggle with CTE. Despite the settled lawsuit, Lothamer-Welch feels that the NFL is doing little for players diagnosed with CTE. "I felt like they treated a lot of the guys that built that league on their backs like they were throwaways ..." Lothamer-Welch said. "It's just human nature. I mean, people care about what's happening today. They're not so interested in what happened yesterday or what's going to happen 10 years down the road." It is worth noting for context that the $765 million settlement by the NFL , which was intended to help cover treatment for players with CTE, dementia, or other brain-related illnesses after suffering on-field concussions, has been heavily criticized and accused of "routinely [failing] to deliver money and medical care to former players suffering from dementia and CTE." According to an investigation by The Washington Post , the NFL has allegedly failed to follow through on its responsibility to provide payouts, exploiting medical loopholes to avoid covering these expenses. After reviewing 15,000 pages of documents from more than 100 former players, the Post said players regularly saw "their claims denied by the administrative law firm that oversees the settlement. Reportedly, medical personnel who worked for the NFL "simply overruled physicians who actually evaluated players" and would reclassify dementia symptoms on non-football-related causes. Over a dozen players "failed to qualify for settlement money or medical care and then died, only to have CTE confirmed via autopsy." A recent survey by JAMA Neurology found that one-third of former professional football players suspect they suffer from CTE); the study is one of the most extensive to explore former NFL players' perceptions of their cognitive health. Ed Lothamer passed away in 2022, at the age of 80. Following his death, his family donated his brain to the UNITE Brain Bank, where researchers confirmed a diagnosis of stage 4 CTE, the most severe form of the condition. He had been drafted by the Chiefs in 1964 and was part of a defense renowned for its future Pro Football Hall of Famers. Despite numerous injuries, he played in 88 games and started 35 as the Chiefs appeared in two of the first four Super Bowls. "We were told he had some type of "dementia," with some forward-thinking doctors alluding to possible CTE and he had gotten a number of opinions over the years about his volatile and diminishing condition..." Lothamer-Welch wrote in a personal story at the Concussion Legacy Foundation . "My father made $42,000 during his final season in the NFL , which we now realize was the price he exchanged for his brain." More News: Professional Athletes' Homes Are Being Targeted by Robbery Ring Although Lothamer was a plaintiff in the settlement and had been formally diagnosed with Alzheimer's in 2016, his case is among many that the NFL has managed to sidestep, offering neither a payout nor any acknowledgment. To the Lothamer family, this appears to be part of a deliberate strategy by the league, even as they continue to hope that an attorney might help them secure compensation and, perhaps, some form of validation from the NFL . Instead, they've felt increasingly discouraged by the legal process. "They are just waiting for everybody to die," Elisabeth Lothamer, the widow of the former Chiefs player said. "I mean, it's just what they're doing." For more on the NFL , head to Newsweek Sports .In the end, whether or not Dao Lang responds to Xiaohua's challenge, one thing is clear – her playful banter and fearless attitude have endeared her to fans and admirers alike. With her infectious charm and quick wit, Xiaohua continues to captivate audiences with her unique blend of talent and humor. And who knows, maybe one day we'll see her sporting a new look that pays homage to her husband's idol, Dao Lang. After all, in the world of entertainment, anything is possible – even a shaved head rocking the long hair look!A look at how some of Trump's picks to lead health agencies could help carry out Kennedy's overhaul