Mens Journal aims to feature only the best products and services. We update when possible, but deals expire and prices can change. If you buy something via one of our links, we may earn a commission.Questions? Reach us at [emailprotected].

With everybody being stuck at home for the majority of 2020, we have all needed to find ways to kill time. And for most folks, that means working out. Exercising at home so you can stay/get healthy and come out of the pandemic looking amazing. You just need to figure out whats the right process for you.

If youre looking to lose weight more than anything else, there are plenty of ways to go about that. Exercising and/or eating right. But for some folks, they need a little help getting over the hump. You just cant lose that weight. Which means you need to pick up some help where you can.

There are plenty of options out there to help you lose weight. Its a whole industry at this point and the options are so vast it can be hard to make a choice. Which is why we are here to help you pick the right items to get you to lose weight quickly. Unsurprisingly, these items can be found on Amazon.

Going over the supply at Amazon, we have found 5 amazing items that will help you lose weight quickly. Its a nice little variety there too. Supplements and cleanses and workout attire. All the things you could use in tandem or on their own to help kickstart the weight loss process in short order.

So if you are having any issues or are looking to avoid any issues with losing weight, you should check out these items we have picked out for you below. Youll have no regrets picking any of these bad boys up.

For access to exclusive gear videos, celebrity interviews, and more, subscribe on YouTube!

Excerpt from:
Pick Up These 5 Great Items To Help Lose Weight Quickly - Men's Journal

Losing weight can be an intimidating process, but eliminating high calorie and fat-causing foods from your diet is one efficient way of making this process more manageable.

With that in mind, make sure to take a close look at what you are eating and what kind of nutrients you are getting from your diet. Some foods that are considered weight loss friendly are actually the opposite, causing more cravings and eventually weight gain.

With that in mind, keep reading for the 5 fat-causing ingredients you should cut out of your diet asap for more effective weight loss.

Potatoes are fine in moderation, but you definitely want to limit how often you are adding these starchy foods into your diet.

According to Harvard Health, theres good reason to stay away from potatoeseven if theyre not fries or chips. Walter Willett, who chairs the Department of Nutrition at the Harvard School of Public Health, wrote about these starches inEat, Drink, and Be Healthy: The Harvard Medical School Guide to Healthy Eating.

He explains, Nutritionists and diet books alike often call potatoes a perfect food. But while eating potatoes on a daily basis may be fine for lean people who exercise a lot or who do regular manual labor, for everyone else potatoes should be an occasional food consumed in modest amounts, not a daily vegetable. The venerable baked potato increases levels of blood sugar and insulin more quickly and to higher levels than an equal amount of calories from pure table sugar.

Processed meats are another good ingredient to limit in your diet.

According to Dr. Oz, Not only are those meats packed with sodium, but processed meats (including lunch meats, corned beef, jerky, canned meat, even salted fish and meat-based sauces) could be causing weight gain.

The article continues, Onestudy that examined over 8,000 diets and incidents of diabetesfound that subjects who consumed any processed meats were thirty-eight percent more likely to develop diabetes. Swap these foods for organic meats or free-range proteins whenever possible, and consider processed foods a special exception in your diet, not the norm.

Choosing white flour over whole grain flour can be a problem for your diet.

White flour contains refined grains, which you digest more quickly and can lead to more cravings throughout the day. This makes eating in moderation difficult.

Plus, according to Livestrong, Choosing whole flours over refined versions may also make a difference in belly fat, according to a study published in the American Journal of Clinical Nutrition in 2008. Researchers told one group of dieters to make all of their grains whole and another group to completely avoid whole grains. Although both groups lost weight, the whole-grain group lost more fat from the abdomen.

Canned soups show up in quite a few recipes, especially now that the weather is getting colder.

However, picking any canned soup can lead to problems if you are trying to lose weight.

The Scientific American explains, Eating a lot of salt can cause your body to retain more water, which can show up on the scale as extra pounds. But were not just talking about water weight here. High salt diets appear to be linked to higher body fatin particular, the kind of fat that accumulates around your middle.

With that in mind, make sure you pick out a low sodium canned soup option next time youre in the grocery store.

There is nothing wrong with eating nuts and nut butters in moderation, but if you are turning to these foods for weight loss friendly snacking, you might want to reconsider.

Healthline explains, Nuts and nut butters are a perfect choice if youre looking to gain weight.Just one small handful of almonds contains over 7 grams of protein and 18 grams of healthy fats.

These foods are high in calories, which can make weight loss difficult if you do not keep them in moderation.

Follow this link:
5 Fat-Causing Ingredients You Should Stop Eating ASAP, According To Nutritionists - SheFinds

ABOUT THE AUTHORThe Conversation

The Conversation Africa is an independent source of news and views from the academic and research community, delivered ...

More by The Conversation >

The appeal of these diets is that you dont need to count calories or eat certain foods. But there are so many versions, its hard to know which one is best. Heres what the research says.

This is a popular version of intermittent fasting where you eat a very low-calorie diet (about 500kcal) for two days each week (any two days). On the other five days, you eat as normal.

Research has shown that its possible to lose weight with this diet; it also improves several markers of health, such as reducing levels of glucose and cholesterol in the blood. But the 5:2 diet is unlikely to be more effective for weight loss than traditional methods of dieting. This is because 5:2 reduces calorie intake to a similar extent as traditional dieting.

There is some evidence that conducting the two days of very-low-calorie intake on consecutive days can improve insulin sensitivity a risk marker for type 2 diabetes to a greater extent than traditional dieting. This approach also leads to decreases in blood lipids (fatty substances found in the blood) compared with traditional dieting.

An important extra benefit of 5:2 is that you can consume some food during the fasting period, providing an opportunity to take in vital nutrients. Dieting often leads to losses in muscle and bone mass, alongside fat mass because consuming a balanced diet while reducing calorie intake is difficult. This can compromise long-term weight loss efforts as muscle is more metabolically active (burns more calories) than fat. Eating enough protein can help to reduce the loss of muscle mass while dieting, with a bonus of reducing appetite.

While 5:2 could be considered a lifestyle intervention, alternate-day fasting (ADF) is more likely to be used to lose weight quickly. ADF is often referred to as the every other day diet and requires you to alternate daily between unrestricted eating and consuming a very low-calorie diet.

Most research on ADF uses a similar approach to 5:2, allowing a small meal (usually about 500kcal) to be consumed on fasting days. Research has shown that ADF can lead to considerable weight loss in 8-12 weeks, but a big problem with ADF is that adherence tends to wane. Longer-term studies have shown that calorie intake on fasting days creeps up over time, which reduces the calorie deficit achieved and slows the rate of weight loss.

Randomised controlled trials (the gold standard of clinical research) show that ADF doesnt lead to more weight loss or improvements in health compared with traditional dieting when calorie intake is the same in both groups. Despite this, it is likely that ADF will result in a greater reduction in calorie intake compared with traditional methods of dieting, which should lead to greater weight loss, initially. But its doubtful that many people will adhere to ADF in the long term.

Time-restricted eating (TRE) involves complete fasting for long periods (16-20 hours) and consuming all calories within restricted hours, often referred to as feeding windows.

The most common version of TRE uses a ratio between fasting and eating of 16:8 (16 hours of fasting and eight hours during which it is permissible to eat). Many people achieve this ratio by skipping breakfast thereby delaying their first meal until midday and consuming all food between midday and 8 pm.

Research has shown that calorie intake over a 24-hour period is reduced when people skip breakfast. But the number of calories expended through physical activity is also reduced, which will partially or completely negate the calorie deficit achieved by skipping breakfast. So skipping breakfast is unlikely to lead to meaningful weight loss. Skipping breakfast also reduces the effectiveness of insulin to regulate blood glucose levels after lunch, indicating a negative effect on insulin sensitivity.

But an alternative approach to TRE has shown promise. A recent study found that fasting from 2 pm improved insulin sensitivity in a group of pre-diabetic males. This could be due to an enhanced natural ability to regulate blood glucose levels effectively in the morning, due to daily variations in metabolism. So, restricting food intake to a morning feeding window and fasting in the evening may be a healthier version of TRE.

As with any diet, success will be dictated mostly by adherence. When it comes to weight loss, ADF is likely to lead to the most rapid success, but sustaining weight loss in the long term may be aided by the less intense 5:2 approach.

There is some evidence that adherence could be greater in TRE, as completely restricting food intake may be easier for some people than severely restricting it. In this sense, research suggests that skipping dinner may be better for health than skipping breakfast.

Its important to note that most research suggests that intermittent fasting is no better than traditional methods of dieting. But intermittent fasting regimens that have prolonged periods of fasting, such as TRE with shorter feeding windows and 5:2 with two consecutive very-low-calorie days, may provide additional health benefits.

David Clayton, Lecturer in Nutrition and Exercise Physiology, Nottingham Trent University

This article is republished from The Conversation under a Creative Commons license. Read the original article.

READ MORE:

While All4Women endeavours to ensure health articles are based on scientific research, health articles should not be considered as a replacement for professional medical advice. Should you have concerns related to this content, it is advised that you discuss them with your personal healthcare provider.

View original post here:
Intermittent fasting: the best method - All4Women

The second phase of the Dubrow Diet is a bit more lenient allowing participants to opt for a 12, 14, or 16-hour fasting window. However, they are quick to remind readers that the longer you fast, the quicker one is apt to lose the weight. And just like with phase one, there are still dietary restrictions the participants must adhere to, but they are able to increase both their fat and fruit intake by one serving. And during this phase, "above ground" veggies are no longer off-limits. Give us all the sweet potatoes!

The key to the third phase, however, is simply maintenance a.k.a. what the Dubrows refer to as "Look Hot While Living Like a Human." In this phase, the Dubrow Diet advises participants to continue with their "interval eating," but now they are no longer restricted to an approved list of foods, portions are no longer restricted, and they don't have to adhere to certain types of foods. So, yeah... pretty much just intermittent fasting... forever.

See more here:
RHOC star Heather Dubrow follows this diet to stay slim - Nicki Swift

GlobeNewswire

Revenues rose to $86.9 million, up 16.8% y-o-y Comparable store sales up 13.5% y-o-y Adjusted EBITDA up 140.8% and on a per diluted share basis up by 141.3% y-o-y Launched new websites and iPhone applications as part of the omnichannel strategy featuring online booking capability, virtual optician appointment and bespoke frame orders Continued integration of new technology to further elevate safety in stores and clinics in light of COVID-19MONTREAL, Nov. 05, 2020 (GLOBE NEWSWIRE) -- New Look Vision Group Inc. ("New Look Vision" or the "Company") (TSX: BCI), a leader in the Canadian retail optical industry with stores across Canada and in Florida, reported financial results today for the 13 and 39 week periods ended September26, 2020 (Q3 2020) and provided updates on actions in response to COVID-19, store re-openings, and new financing arrangements. This press release should be read in conjunction with the Companys management discussion and analysis (the MD&A") and interim consolidated financial statements for the third quarter of 2020, which are available on the Companys website at http://www.newlookvision.ca/investors and have been posted on SEDAR at http://www.sedar.com.Q3 2020 Financial and Operational Highlights * Revenues increased significantly by 16.8% to $86.9 million year-over-year driven primarily by comparable store sales growth as well as from newly acquired stores, offset by revenue from scheduled store closures and from COVID-19 headwinds. * Comparable store sales were up 13.5% as a result of Q2 closure pent up demand and enhanced store operating procedures. * Adjusted EBITDA attributed to shareholders was $34.7 million, increasing by $20.3 million or 140.8% from last year and increased 141.3% on a per diluted share basis to $2.22. * Net earnings attributed to shareholders was $14.3million, increasing by 196.5% year-over-year. * Adjusted net earnings attributed to shareholders increased by 133.5% to $16.2 million or $1.03 on a per diluted share basis. * Cash flows related to operating activities reached $34.5 million, increasing by $21.1 million or 156.1% and increased 155.8% on a per diluted share basis to $2.20 year-over-year. * Net debt was $154.1 million compared to $176.6 million from the quarter-over-quarter. * Strong cash position at quarter end of $70.0 million and remaining availability on credit lines of $51.2 million. * The Company actively continued to pursue its significant pipeline of acquisition opportunities in Canada and the United States.Year-to-date Financial and Operating ResultsIt should be noted that the Company has adopted IFRS 16 Leases effective Q1 2020. The Company has applied a modified retrospective approach; the operating results of previous fiscal periods have not been restated. Occupancy costs previously recorded as operating expenses are now recorded through depreciation of right-of-use assets and interest expenses on lease liabilities. * Year-to-date revenues was $182.3 million, which represent decreases of 18.6% from last year. Adjusted EBITDA attributed to shareholders(a) was $51.3 million, which represents an increase of 23.4% from last year. * The increase in the number of stores in the last twelve months reflects the acquisition of 19 stores net of 6 planned closures and the sale of one clinic. * Net earnings attributed to shareholders were $1.6 million or $0.10 per diluted share, compared to $13.7 million last year or $0.88 per diluted share. * Adjusted net earnings attributed to shareholders(a) decreased to $7.9 million, a decrease of $10.3 million, as compared to last year. Adjusted net earningsattributed to shareholders(a) reached $0.50 per diluted share, down 57.3% from $1.17 in 2019. * Cash flows related to operating activities reached $53.5 million, a increase of 47.5% as compared to last year and increased 47.4% on a per diluted share basis to $3.42.Actions in response to COVID-19COVID-19 has drastically altered the way optical retailers operate on both brick and mortar and ecommerce levels. As consumers increasingly move online, New Look Visions investments in omnichannel experience and anticipation of the evolving consumer journey complements and enhances their physical retail presence. This approach increases accessibility to differentiated, customized and precise eyecare, while ensuring safety for consumers across Canada. Our central lens processing facility pivoted to begin producing safety eyewear for use in health care facilities.Phased Network Re-Opening CompleteGradual store reopenings started on May 4th in line with local and professional regulations, with all of New Look Visions entire store network open for business by the end of the second quarter. In advance of reopening its stores, the Company issued stringent health and safety procedures, undertook extensive training in the form of in-store rehearsals and is providing each location with prescribed personal protection equipment.Strong Balance Sheet Supported by New Financing ArrangementsIn Q2 2020, the Company successfully secured an additional $73.9 million in bank and subordinated debt financing to strengthen its balance sheet and boost liquidity for both working capital and acquisition and development purposes. As at September 26, 2020, as a result, it had $70.0 million of cash on hand and undrawn credit and subordinated debt facilities of $51.2 million.New Look Vision continues to carefully manage its cash flow and expenditures by proactively implementing back-to-basic measures including optimizing cash burn, reducing expenses, postponing CAPEX, temporarily suspending the dividend, and reducing executive pay.President & CEO's comments Antoine Amiel, the President and CEO of New Look Vision, stated that: "New Look Vision overcame ongoing market headwinds to deliver an exceptional set of third quarter results, largely driven by the phased reopening of our stores from mid-May as restrictions lifted. Revenues and comparable store sales rose 16.8% and 13.5% year-over-year respectively, which in combination with careful cost management are driving positive momentum, highlighted by EBITDA doubling year-over-year. Additionally, net debt decreased by $22.5 million compared to Q2. Complementary to our physical locations, our newly launched websites and iPhone applications deliver customer convenience and diversifies our revenue streams as part of our omnichannel strategy. Additionally, we continue to actively pursue our significant pipeline of acquisition opportunities in Canada and the United States. While ongoing mandated restrictive measures and their potential impacts on New Look Visions performance are difficult to predict, were looking to the future with an optimistic outlook, driven by the resiliency of our high quality, essential, eyecare and eyewear products and services as well as our ability to evolve ahead of market trends to drive long-term shareholder value."Status of Dividend The Board of Directors suspended the regular quarterly dividend and the corresponding dividend reinvestment plan until further notice, effective March 19, 2020, due to the pending impact of COVID-19 on the Company's business and liquidity. Based on Q3 2020 and ongoing results, the Company's current intention, subject to further review at the time, is to reinstate the regular quarterly dividend in the first quarter of 2021.The decision to declare a dividend is made quarterly when the financial statements for a quarter or a financial year are made available to the Board of Directors. Although there is no guarantee that a dividend will be declared in the future, New Look Vision and its predecessor, Benvest New Look Income Fund, have regularly paid a dividend or distribution since 2005 through 2019.As at October30, 2020, New Look Vision had 15,660,199 Class A common shares issued and outstanding.Attachments * Table A - Highlights * Table B - Impact of IFRS 16 * Table C - Consolidated Statement of Earnings * Table D - Reconciliation of Net Earnings to Adjusted EBITDA and Adjusted EBITDA Attributed to Shareholders * Table E - Reconciliation of Net Earnings Attributed to Shareholders to Adjusted Net Earnings Attributed to Shareholders * Table F - Reconciliation of Free Cash Flow and Adjusted Cash Flows Related to Operating Activitiesa) EBITDA, adjusted EBITDA, adjusted EBITDA attributed to shareholders, adjusted net earnings, adjusted net earnings attributed to shareholders, free cash flow and adjusted cash flows related to operating activities are not recognized measures under IFRS and may not be comparable to similar measures used by other entities. About New Look Vision Group Inc. New Look Vision is a leader in the eye care industry in Canada with a network of 390 stores operating mainly under the New Look Eyewear, Vogue Optical, Greiche & Scaff, Iris, and Edward Beiner banners (in the US) in addition to, laboratory facilities using state-of-the-art technologies. Tax information regarding payments to shareholders is available at http://www.newlookvision.ca in the Investors section.All statements other than statements of historical fact contained in this press release are forward-looking statements, including, without limitation, statements regarding the future financial position, business strategy, projected costs and plans and objectives of, or involving New Look Vision. Readers can identify many of these statements by looking for words such as believe, expects, will, intends, projects, anticipates, estimates, plans, may, would or similar words or the negative thereof. Forward-looking statements are subject to risks, uncertainties and assumptions. Although management of New Look Vision believes that the plans, intentions or expectations represented in such forward-looking statements are reasonable, there can be no assurance that they will prove to be correct. Some of the factors which could affect future results and could cause results to differ materially from those expressed in the forward-looking statements contained herein include: pending and proposed legislative or regulatory developments, competition from established competitors and new market entrants, technological change, interest rate fluctuations, general economic conditions, acceptance and demand for new products and services, and fluctuations in operating results, as well as other risks included in New Look Visions current Annual Information Form (AIF) which can be found at http://www.sedar.com. The forward-looking statements included in this press release are made as of the date hereof, and New Look Vision undertakes no obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise, except as provided by law.For additional information please see our website at http://www.newlookvision.ca. For enquiries, please contact Lise Melanson (514) 877-4119.TABLE ANEW LOOK VISION GROUP INC. Highlights for the periods ended September26, 2020 and September28, 2019 In thousands of Canadian dollars, except per share amounts13 weeks39 weeks Sept. 26, 2020Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019Sept. 26, 2020Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019 Revenues$86,886$86,886$74,417$182,343$182,343$223,936 Variance %16.8%16.8%(18.6%)(18.6%) Variance in comparable store sales orders(a)(b)13.5%13.5%1.6%1.9% Adjusted EBITDA attributed to shareholders(b)$34,742$28,989$14,429$51,326$34,105$41,580 Variance %140.8%100.9%23.4%(18.0%) % of revenues40.0%33.4%19.4%28.1%18.7%18.6% Per share (diluted)$2.22$1.85$0.92$3.28$2.18$2.66 Variance %141.3%101.1%23.3%(18.0%) Net earnings attributed to shareholders$14,306$14,852$4,825$1,609$3,209$13,715 Variance %196.5%207.8%(88.3%)(76.6%) % of revenues16.5%17.1%6.5%0.9%1.8%6.1% Net earnings per share Per share (diluted)$0.91$0.95$0.31$0.10$0.20$0.88 Variance %193.5%206.5%(88.6%)(77.3%) Adjusted net earnings attributed to shareholders(b)$16,175$16,721$6,927$7,903$9,503$18,215 Variance %133.5%141.4%(56.6%)(47.8%) % of revenues18.6%19.2%9.3%4.3%5.2%8.1% Per share (diluted)$1.03$1.07$0.44$0.50$0.61$1.17 Variance %134.1%143.2%(57.3%)(47.9%) Cash flows related to operating activities$34,502$28,479$13,472$53,484$41,396$36,264 Variance %156.1%111.4%47.5%14.2% Per share (diluted)$2.20$1.82$0.86$3.42$2.64$2.32 Variance %155.8%111.6%47.4%13.8% Free cash flow(b)(c)$31,860$25,837$11,129$46,248$34,160$29,928 Variance %186.3%132.2%54.5%14.1% Per share (diluted)$2.03$1.65$0.71$2.95$2.18$1.91 Variance %185.9%132.4%54.5%14.1% Total debt(d)$224,141$224,141$150,469 Net debt / Adjusted EBITDA attributed to shareholders(b)(e)2.352.642.54 Cash dividend per share(f)$0.15$0.45 Number of stores(g)390390378 a)Comparable stores are stores which have been operating for at least 12 months. Due to the exceptional circumstances during the year, whereby the majority of the Company's stores were closed between March 2020 to June 2020 due to COVID-19, management deems the year-to-date period to be non-comparable and is therefore not reporting a comparable store sales metric for this period. Revenues are recognized at time of delivery of goods to customers, however management measures the comparable store performance on the basis of sales orders, whether delivered or not. b)Adjusted EBITDA attributed to shareholders, adjusted net earnings attributed to shareholders, free cash flow and comparable store sales orders are not recognized measures under IFRS and may not be comparable to similar measures used by other entities. Refer to Table D and Table E for the reconciliations of these measures to net earnings, and to Table F for the reconciliation of cash flows. c)Free cash flow is defined as cash flows related to operating activities, less acquisitions of property, plant and equipment. d)Total debt is defined as long-term debt and instalments whereas but excludes lease liabilities under IFRS 16. e)Net debt is defined as total debt less cash. Adjusted EBITDA attributed to shareholders represents the amount over the last four rolling quarters. f)The amounts of dividends shown in the table above refer to amounts declared in the periods. g)The increase in the number of stores in the last twelve months reflects the acquisition of 19 stores net of 6 planned closures and the sale of one clinic. TABLE BNEW LOOK VISION GROUP INC. Impact of IFRS 16 for the periods ended September26, 2020 and September28, 2019 In thousands of Canadian dollars, except per share amountsThe Company has adopted IFRS 16 Leases effective Q1 2020. This standard replaces IAS 17 Leases. The Company has applied a modified retrospective approach; the operating results of previous fiscal periods have not been restated. The adoption of this standard has impacted the Companys financial results in 2020. Certain occupancy-related expenses previously recorded under the caption other operating expenses are now recorded as depreciation and interest expense.This change has resulted in a reduction to Other operating expenses with a corresponding increase in EBITDA when compared to the same metrics under IAS 17. Depreciation and financial expenses have increased as a result of the application of the standard.The impact of IFRS 16 on the key metrics in the third quarter and year-to-date period ended September26, 2020 is summarized in the table below:13 weeks39 weeks Sept. 26, 2020Impact of IFRS 16Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019Change (excl. IFRS 16)Sept. 26, 2020Impact of IFRS 16Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019Change (excl. IFRS 16) $$$$$$$$$$ Adjusted EBITDA attributed to shareholders(a)$34,742$5,753$28,989$14,429$14,560$51,326$17,221$34,105$41,580($7,475) % of revenues40.0%6.6%33.4%19.4%14.0%28.1%9.4%18.7%18.6%0.1% Per share (diluted)$2.22$0.37$1.85$0.92$0.93$3.28$1.10$2.18$2.66($0.48) Net earnings attributed to shareholders$14,306($546)$14,852$4,825$10,027$1,609($1,600)$3,209$13,715($10,506) % of revenues16.5%(0.6%)17.1%6.5%10.6%0.9%(0.9%)1.8%6.1%(4.3%) Per share (diluted)$0.91($0.03)$0.95$0.31$0.64$0.10($0.10)$0.20$0.88($0.68) Adjusted net earnings attributed to shareholders(a)$16,175($546)$16,721$6,927$9,794$7,903($1,600)$9,503$18,215($8,712) % of revenues18.6%(0.6%)19.2%9.3%9.9%4.3%(0.9%)5.2%8.1%(2.9%) Per share (diluted)$1.03($0.03)$1.07$0.44$0.63$0.50($0.10)$0.61$1.17($0.56) Cash flows related to operating activities$34,502$6,023$28,479$13,472$15,007$53,484$12,088$41,396$36,264$5,132 Per share (diluted)$2.20$0.38$1.82$0.86$0.96$3.42$0.77$2.64$2.32$0.32 Free cash flow(a)$31,860$6,023$25,837$11,129$14,708$46,248$12,088$34,160$29,928$4,232 Per share (diluted)$2.03$0.38$1.65$0.71$0.94$2.95$0.77$2.18$1.91$0.27 a)Adjusted EBITDA attributed to shareholders, adjusted net earnings attributed to shareholders and free cash flow are not recognized measures under IFRS and may not be comparable to similar measures used by other entities. Refer to Table D and Table E for the reconciliations of these measures to net earnings, and to Table F for the reconciliation of cash flows. TABLE CNEW LOOK VISION GROUP INC. Consolidated Statement of Earnings for the periods ended September26, 2020 and September28, 2019 In thousands of Canadian dollars, except per share amounts13 weeks39 weeks Sept. 26, 2020Sept. 28, 2019Sept. 26, 2020Sept. 28, 2019 $$$$ Revenues86,88674,417182,343223,936 Materials consumed19,57616,92043,68949,666 Employee remuneration expenses21,06124,86452,94375,693 Other operating expenses12,81019,64638,61959,784 Earnings before depreciation, amortization, loss on disposal, financial expenses, and income from investments in joint ventures and associates33,43912,98747,09238,793 Depreciation, amortization and loss on disposal10,0584,47829,34313,342 Financial expenses, net of interest revenue4,8131,75016,6177,285 Earnings before income from investments in joint ventures and associates and income taxes18,5686,7591,13218,166 Income from investments in joint ventures and associates9054591,2181,517 Earnings before income taxes19,4737,2182,35019,683 Income taxes Current4,2622,0342,4075,150 Deferred5037(1,935)122 Total income taxes4,7652,0414725,272 Net earnings14,7085,1771,87814,411 Net earnings attributed to: Non-controlling interest402352269696 Shareholders of New Look Vision14,3064,8251,60913,715 14,7085,1771,87814,411 Net earnings (loss) per share Basic0.910.310.100.88 Diluted0.910.310.100.88 TABLE DNEW LOOK VISION GROUP INC. Reconciliation of Net Earnings to Adjusted EBITDA and Adjusted EBITDA Attributed to Shareholders for the periods ended September26, 2020 and September28, 2019In thousands of Canadian dollars, except per share amounts13 weeks39 weeks Sept. 26, 2020Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019Sept. 26, 2020Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019 $$$$$$ Net earnings14,70815,2665,1771,8783,51714,411 Depreciation, amortization and loss on disposal10,0585,1134,47829,34314,65513,342 Financial expenses, net of interest revenue4,8133,3481,75016,61712,2187,285 Income taxes4,7654,9632,0414721,0855,272 EBITDA(a)34,34428,69013,44648,31031,47540,310 Equity-based compensation(b)128128126400400609 Net loss from changes in fair value of foreign exchange contracts(16)(4) Acquisition-related costs(c)2782783531,1381,1381,100 Other non-comparable items(d)2282286781,3461,346(276) Adjusted EBITDA(a)34,97829,32414,58751,19434,35941,739 Variance in $20,39114,7379,455(7,380) Variance in %139.8%101.0%22.7%(17.7%) % of revenues40.3%33.7%19.6%28.1%18.8%18.6% Per share (basic)2.231.870.933.272.192.67 Per share (diluted)2.231.870.933.272.192.67 The following table represents the adjusted EBITDA available to New Look Vision shareholders, which takes into consideration the investments in joint ventures and associates.13 weeks26 weeks Sept. 26, 2020Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019Sept. 26, 2020Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019 $$$$$$ Adjusted EBITDA(a)34,97829,32414,58751,19434,35941,739 Income from investments in joint ventures and associates(905)(929)(459)(1,218)(1,311)(1,517) EBITDA from investments in joint ventures and associates1,6191,4147883,0002,3232,682 EBITDA attributed to non-controlling interest(950)(820)(487)(1,650)(1,266)(1,324) Adjusted EBITDA attributed to shareholders(a)34,74228,98914,42951,32634,10541,580 a.EBITDA, adjusted EBITDA and adjusted EBITDA attributed to shareholders are not recognized measures under IFRS and may not be comparable to similar measures used by other entities. New Look Vision believes that EBITDA, adjusted EBITDA and adjusted EBITDA attributed to shareholders are useful financial metrics as they assist in determining the ability to generate cash from operations. Investors should be cautioned that EBITDA, adjusted EBITDA and adjusted EBITDA attributed to shareholders should not be considered as an alternative to net earnings or cash flows as determined under IFRS. b.Equity-based compensation represents the fair value of New Look Vision stock options vested in the period. c.Acquisition-related costs are composed of wages and professional fees specifically incurred in the business acquisition process, whether an acquisition is completed or not. d.Other non-comparable items include one-time expenses (income) connected with restructuring and transition related matters. TABLE ENEW LOOK VISION GROUP INC. Reconciliation of Net Earnings Attributed to Shareholders to Adjusted Net Earnings Attributed to Shareholders for the periods ended September26, 2020 and September28, 2019In thousands of Canadian dollars, except per share amounts13 weeks39 weeks Sept. 26, 2020Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019Sept. 26, 2020Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019 $$$$$$ Net earnings attributed to shareholders14,30614,8524,8251,6093,20913,715 Amortization of acquired intangibles1,8341,8341,6515,2705,2704,912 Acquisition-related costs2782783531,1381,1381,100 Equity-based compensation128128126400400609 Other non-comparable items2282286781,3461,346(276) Related income taxes(599)(599)(706)(1,860)(1,860)(1,845) Adjusted net earnings attributed to shareholders(a)16,17516,7216,9277,9039,50318,215 Variance in $9,2489,794(10,312)(8,712) Variance in %133.5%141.4%(56.6%)(47.8%) % of revenues18.6%19.2%9.3%4.3%5.2%8.1% Per share amount Basic1.031.070.440.500.611.17 Diluted1.031.070.440.500.611.17 a)Adjusted net earnings attributed to shareholders are not a recognized measure under IFRS and may not be comparable to similar measures used by other entities. New Look Vision believes that this disclosure provides useful information as it allows the comparison of net results excluding amortization of acquired intangibles, acquisition-related costs, equity-based compensation, other non-comparable items and related income taxes, which may vary significantly from quarter to quarter. Investors should be cautioned that adjusted net earnings should not be considered as an alternative to net earnings as determined under IFRS. TABLE FNEW LOOK VISION GROUP INC. Reconciliation of Free Cash Flow and Adjusted Cash Flows Related to Operating Activities for the periods ended September26, 2020 and September28, 2019In thousands of Canadian dollars, except per share amounts13 weeks39 weeks Sept. 26, 2020Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019Sept. 26, 2020Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019 $$$$$$ Earnings before income taxes19,47320,2297,2182,3504,60219,683 Adjustments: Depreciation, amortization and loss on disposal10,0585,1134,47829,34314,65513,342 Equity-based compensation128128126400400609 Financial expenses4,9523,4871,88117,02512,6267,577 Interest revenue(139)(139)(131)(408)(408)(292) Other6262(123)(952)(952)(208) Income from investments in joint ventures and associates(905)(929)(459)(1,218)(1,311)(1,517) Income taxes received (paid)(376)(376)(1,103)(1,460)(1,460)(3,848) Cash flows related to operating activities, before changes in working capital items33,25327,57511,88745,08028,15235,346 Changes in working capital items1,2499041,5858,40413,244918 Cash flows related to operating activities34,50228,47913,47253,48441,39636,264 Free cash flow13 weeks39 weeks Sept. 26, 2020Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019Sept. 26, 2020Sept. 26, 2020 (excl. IFRS 16)Sept. 28, 2019 $$$$$$ Cash flows related to operating activities34,50228,47913,47253,48441,39636,264 Acquisitions of property, plant and equipment(2,642)(2,642)(2,343)(7,236)(7,236)(6,336) Free cash flow(a)31,86025,83711,12946,24834,16029,928 a)Free cash flow is not a recognized measure under IFRS and may not be comparable to similar measures used by other entities. New Look Vision believes that this disclosure provides useful information as it provides insight on operating cash flows available after considering necessary capital investments. Investors should be cautioned that free cash flow should not be considered as an alternative to cash flows related to operating activities as determined under IFRS. Adjusted cash flows related to operating activities13 weeks39 weeks September 26, 2020September 26, 2020 (excl. IFRS 16)September 28, 2019September 26, 2020September 26, 2020 (excl. IFRS 16)September 28, 2019 $$$$$$ Cash flows related to operating activities34,50228,47913,47253,48441,39636,264 Income taxes paid3763761,1031,4601,4603,848 Changes in working capital items(1,249)(904)(1,585)(8,404)(13,244)(918) Acquisition-related costs2782783531,1381,1381,100 Other non-comparable items2282286781,3461,346(276) Adjusted cash flows related to operating activities(a)34,13528,45714,02149,02432,09640,018 a)Adjusted cash flows related to operating activities are not a recognized measure under IFRS and may not be comparable to similar measures used by other entities. New Look Vision believes that this disclosure provides useful information as it allows the comparison of net operating cash flows excluding income taxes paid, changes in working capital items, acquisition-related costs and other non-comparable items, which may vary significantly from quarter to quarter. Certain occupancy-related expenses previously recorded in the cash flows related to operating activities are now presented in the cash flows related to financing activities. Investors should be cautioned that adjusted cash flows related to operating activities should not be considered as an alternative to cash flows related to operating activities as determined under IFRS.

Read the rest here:
COVID-19 infections detected through cough by algorithm, MIT study says. Experts are skeptical - Yahoo! Voices