CACI Named to Forbes America’s Best Companies List

RESTON, Va.--(BUSINESS WIRE)--Dec 23, 2024--

CACI International Inc ( NYSE: CACI ) announced today that it has been recognized as one of America’s Best Companies by Forbes for 2025. This new list was implemented to recognize companies that excel across a broad spectrum of industries making it Forbes’ most comprehensive company ranking ever conducted, rating over 60 measures in 11 categories.

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“I could not be prouder of this recognition, which is driven by our employees’ talent, innovation, and commitment, and supported by our culture of good character, ethics, and integrity,” said John Mengucci, CACI President and Chief Executive Officer. “At CACI, we prove what’s possible every day by coming together as a team to drive the future of national security. It is an honor to lead this incredibly dedicated group of people who consistently deliver meaningful results for our customers and exceed their expectations.”

Of the 2,000 companies evaluated, the top 300 were included. CACI achieved high marks, ranking in the top 15%, for public trust, employee sentiment, and financial strength.

CACI has been recognized by Forbes multiple times in the past year, also being named to the lists for America’s Most Trusted Companies, America’s Dream Employers, America’s Best Employers for Engineers, Best Employers for Veterans, Best Employers for Women, Best Employers for New Grads, and America’s Best Large Employers.

Visit us to learn more about CACI’s nearly 63-year legacy as a trusted U.S. government partner.

About CACI

At CACI International Inc (NYSE: CACI), our 24,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers’ greatest challenges in national security. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at www.caci.com.

There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.

CACI-Company News-Business Wire

Forbes recognized CACI as one of America’s Best Companies for 2025. CACI achieved high marks for public trust, employee sentiment, and financial strength. (Graphic: Business Wire)

NEW YORK (AP) — The Container Store has filed for bankruptcy protection as the storage and organizational goods retailer with roots dating back to the 1970s grapples with mounting losses and cash flow shortages.

The Texas company has faced increasing competition from retailers like Target and Walmart at the same time that demand for its goods are under strain in a rough housing market, where soaring prices and elevated mortgage rates have stunted sales.

Under Chapter 11 protection, The Container store will continue to operate while it restructures.

The company said Sunday that it had filed for bankruptcy protection in Texas. The filing arrives two weeks after the trading of company shares were suspended by the New York Stock Exchange. The Container Store Group Inc. failed to maintain an average market capitalization of at least $15 million in accordance with NYSE rules.

Last month, The Container Store said that it was in advanced discussions with lenders to provide additional capital as it aimed to turn around sagging earnings and sales, according to a regulatory filing.

The company has struggled to raise cash and last month an agreement with the owner of Bed Bath & Beyond, Overstock and Zulily that would have come with a $40 million cash infusion fell apart. The Container Store said in a regulatory filing that it did not believe that it could match the financing requirements of the partnership with Beyond Inc.

The Container Store was founded in 1978 by Garrett Boone, Kip Tindell and investor John Mullen, who opened the doors of The Container Store’s first location in Dallas, according to the company. Neither of the men, Boone with a master’s degree in history and Tindell who was an English major, expected a career in retail. Yet both were driven by the idea of creating a store devoted entirely to storage.

The chain had its skeptics when Boon and Tindell opened their first 1,600-square-foot location. Yet the chain expanded to more than 100 stores ranging from 12,000 to 20,000 square feet, according to the company.

In 1999, The Container Store purchased one of its vendors, Elfa International. In 2021, it acquired Chicago's Closet Works and launched its premium, wood-based line Preston shortly thereafter.

In its most recent quarter the company reported losses of $16 million and comparable store sales, a good barometer of a retailer's health, dropped 12.5%.

FILE - Storage bins from the Container Store are shown on Dec.13, 2024 in New York. (AP Photo/Cathy Bussewitz, File)