ABERCROMBIE & FITCH TO ANNOUNCE FOURTH QUARTER 2015 EARNINGS RESULTS MARCH 2, 2016 AT 8:30 AM EST
February 05 2016 - 8:30AM
New Albany, Ohio, February 5,
2016: Abercrombie & Fitch Co. (NYSE: ANF) will be
holding its quarterly earnings conference call for all interested
parties on March 2, 2016, at 8:30 a.m. EST. A press release
detailing the company's fourth quarter results is expected to be
issued shortly after 7:30 a.m. EST.
What: |
Abercrombie & Fitch Fourth Quarter Fiscal 2015 Earnings
Call |
|
|
When: |
8:30
a.m. EST Wednesday, March 2, 2016 |
|
|
Where: |
http://www.abercrombie.com |
|
|
How: |
Live over
the internet: Log on to the web at the above address, select
the Investors page and click on Events; or call: |
|
|
|
Domestic
Dial-In Number: 1-888-318-7469, ask for the Abercrombie &
Fitch
Quarterly Call. |
|
Domestic
Replay Number: 1-888-203-1112, conference ID number 8013718 |
|
|
|
International Dial-In Number: 1-719-457-2659, ask for the
Abercrombie & Fitch
Quarterly Call. |
|
International Replay Number: 1-719-457-0820, conference ID number
312478 |
The call will be archived and can be accessed for
two weeks following the reporting date by calling either of the
replay numbers listed above; or for 12 months by visiting the
Company's website www.abercrombie.com.
An investor presentation of fourth quarter results
will be available in the "Investors" section of the company's
website at www.abercrombie.com at approximately 8:00 AM, EST on
Wednesday, March 2, 2016.
For further information, call:
Investor Contact:
Brian Logan
Abercrombie & Fitch
(614) 283-6877
Investor_Relations@abercrombie.com
Media Contact:
Michael Scheiner
Abercrombie & Fitch
(614) 283-6192
Public_Relations@abercrombie.com
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995
A&F cautions that any
forward-looking statements (as such term is defined in the Private
Securities Litigation Reform Act of 1995) contained in this Press
Release or made by management or spokespeople of A&F involve
risks and uncertainties and are subject to change based on various
important factors, many of which may be beyond the Company's
control. Words such as "estimate," "project," "plan," "believe,"
"expect," "anticipate," "intend," and similar expressions may
identify forward-looking statements. Except as may be required by
applicable law, we assume no obligation to publicly update or
revise our forward-looking statements. The following factors, in
addition to those included in the disclosure under the heading
"FORWARD-LOOKING STATEMENTS AND RISK FACTORS" in "ITEM 1A. RISK
FACTORS" of A&F's Annual Report on Form 10-K for the fiscal
year ended January 31, 2015, in some cases have affected and in the
future could affect the Company's financial performance and could
cause actual results for fiscal 2015 and beyond to differ
materially from those expressed or implied in any of the
forward-looking statements included in this Press Release or
otherwise made by management: changes in global economic and
financial conditions, and the resulting impact on consumer
confidence and consumer spending, as well as other changes in
consumer discretionary spending habits, could have a material
adverse effect on our business, results of operations and
liquidity; the inability to manage our inventory commensurate with
customer demand and changing fashion trends could adversely impact
our sales levels and profitability; fluctuations in the cost,
availability and quality of raw materials, labor and
transportation, could cause manufacturing delays and increase our
costs failure to realize the anticipated benefits of our recent
transition to a brand-based organizational model could have a
negative impact on our business; a significant component of our
growth strategy is international expansion, which requires
significant capital investment, the success of which is dependent
on a number of factors that could delay or prevent the
profitability of our international operations; direct-to-consumer
sales channels are a focus of our growth strategy, and the failure
to successfully develop our position in these channels could have
an adverse impact on our results of operations; our inability to
successfully implement our strategic plans could have a negative
impact on our growth and profitability; fluctuations in foreign
currency exchange rates could adversely impact our financial
condition and results of operations; our business could suffer if
our information technology systems are disrupted or cease to
operate effectively; we may be exposed to risks and costs
associated with cyber-attacks, credit card fraud and identity theft
that would cause us to incur unexpected expenses and loss of
revenues; our market share may be negatively impacted by increasing
competition and pricing pressures from companies with brands or
merchandise competitive with ours; our ability to attract customers
to our stores depends, in part, on the success of the shopping
malls or area attractions in which most of our stores are located;
our failure to protect our reputation could have a material adverse
effect on our brands; we rely on the experience and skills of our
senior executive officers, the loss of whom could have a material
adverse effect on our business; we depend upon independent third
parties for the manufacture and delivery of all our merchandise, a
disruption of which could result in lost sales and could increase
our costs; our reliance on two distribution centers domestically
and third-party distribution centers internationally makes us
susceptible to disruptions or adverse conditions affecting our
distribution centers; we may be exposed to liabilities under the
Foreign Corrupt Practices Act, and any determination that we
violated the Foreign Corrupt Practices Act could have a material
adverse effect on our business; in a number of our European stores,
associates are represented by workers' councils and unions, whose
demands could adversely affect our profitability or operating
standards for our brands; our facilities, systems and stores, as
well as the facilities and systems of our vendors and
manufacturers, are vulnerable to natural disasters, pandemic
disease and other unexpected events, any of which could result in
an interruption to our business and adversely affect our operating
results; our litigation exposure could have a material adverse
effect on our financial condition and results of operations; our
inability or failure to adequately protect our trademarks could
have a negative impact on our brand image and limit our ability to
penetrate new markets; fluctuations in our tax obligations and
effective tax rate may result in volatility in our operating
results; extreme weather conditions and the seasonal nature of our
business may cause net sales to fluctuate and negatively impact our
results of operations; the impact of war or acts of terrorism could
have a material adverse effect on our operating results and
financial condition; changes in the regulatory or compliance
landscape could adversely affect our business and results of
operations; our Asset-Based Revolving Credit Agreement and our Term
Loan Agreement include restrictive covenants that limit our
flexibility in operating our business; and, compliance with
changing regulations and standards for accounting, corporate
governance and public disclosure could adversely affect our
business, results of operations and reported financial results.
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Abercrombie & Fitch Co via Globenewswire
HUG#1983606
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