2013-02-08 14:06:15 -
New Albany, Ohio, February 8, 2013: Abercrombie & Fitch Co. (NYSE: ANF) will be
holding its quarterly earnings conference call for all interested parties on
February 22, 2013, at 8:30 a.m. ET. The earnings press release is scheduled to
cross the wire shortly after 7:00 a.m. ET.
What: Abercrombie & Fitch Fourth Quarter Fiscal 2012 Earnings Call
When: 8:30 a.m. ET Friday, February 22, 2013
Where: www.abercrombie.com
How: Live over the internet: Log on to the web at the above address,
select the Investors page and click on Calendar of Events; or call:
Domestic Dial-In Number: 1-877-548-7906, ask for the Abercrombie &
Fitch
Quarterly Call.
Domestic Replay Number: 1-888-203-1112, conference ID number 9640252
International Dial-In Number: 1-719-325-4795, ask for the Abercrombie
& Fitch
Quarterly Call.
International Replay Number: 1-719-457-0820, conference ID number
9640252
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 second quarter results will be available in the
"Investors" section of the Company's website at www.abercrombie.com at
approximately 8:00 AM, Eastern Time on Friday, February 22.
For further information, call:
ICR, Inc.
Joseph Teklits
joseph.teklits@icrinc.com
203-682-8258
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 of A&F involve risks and uncertainties and are
subject to change based on various 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
28, 2012, in some cases have affected and in the future could affect the
Company's financial performance and could cause actual results for the 2012
fiscal year 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 economic and financial conditions, and
the resulting impact on consumer confidence and consumer spending, could have a
material adverse effect on our business, results of operations and liquidity; if
we are unable to anticipate, identify and respond to changing fashion trends and
consumer preferences in a timely manner, and manage our inventory commensurate
with customer demand, our sales levels and profitability may decline;
fluctuations in the cost, availability and quality of raw materials, labor and
transportation, could cause manufacturing delays and increase our costs; equity-
based compensation awarded under the employment agreement with our Chief
Executive Officer could adversely impact our cash flows, financial position or
results of operations and could have a dilutive effect on our outstanding Common
Stock; our growth strategy relies significantly on international expansion,
which adds complexity to our operations and may strain our resources and
adversely impact current store performance; our international expansion plan is
dependent on a number of factors, any of which could delay or prevent successful
penetration into new markets or could adversely affect the profitability of our
international operations; our direct-to-consumer sales are subject to numerous
risks that could adversely impact sales; we have incurred, and may continue to
incur, significant costs related to store closures; our development of a new
brand concept such as Gilly Hicks could have a material adverse effect on our
financial condition or results of operations; 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; comparable store sales may continue
to fluctuate on a regular basis and impact the volatility of the price of our
Common Stock; our market share may be negatively impacted by increasing
competition and pricing pressures from companies with brands or merchandise
competitive with ours; our stock price may be volatile and investors may not be
able to resell shares of our Common Stock at or above the price paid to acquire
the shares; our ability to attract customers to our stores depends, in part, on
the success of the shopping malls in which most of our stores are located; our
net sales fluctuate on a seasonal basis, causing our results of operations to be
susceptible to changes in Back-to-School and Holiday shopping patterns; our
inability to accurately plan for product demand and allocate merchandise
effectively could have a material adverse effect on our results; 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; interruption in the
flow of merchandise from our key vendors and international manufacturers could
disrupt our supply chain, which could result in lost sales and could increase
our costs; we do not own or operate any manufacturing facilities and, therefore,
depend upon independent third parties for the manufacture of all our
merchandise; our reliance on two distribution centers domestically and two
third-party distribution centers internationally makes us susceptible to
disruptions or adverse conditions affecting our distribution centers; our
reliance on third parties to deliver merchandise from our distribution centers
to our stores and direct-to-consumer customers could result in disruptions to
our business; we may be exposed to risks and costs associated with credit card
fraud and identity theft that would cause us to incur unexpected expenses and
loss of revenues; modifications and/or upgrades to our information technology
systems may disrupt our operations; 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; the effects of war or acts of terrorism could have a material adverse
effect on our operating results and financial condition; our inability to obtain
commercial insurance at acceptable prices or our failure to adequately reserve
for self-insured exposures might increase our expenses and adversely impact our
financial results; operating results and cash flows at the store level may cause
us to incur impairment charges; we are subject to customs, advertising, consumer
protection, privacy, zoning and occupancy and labor and employment laws that
could require us to modify our current business practices, incur increased costs
or harm our reputation if we do not comply; changes in the regulatory or
compliance landscape could adversely affect our business and results of
operations; our unsecured Amended and Restated Credit Agreement (the "Amended
and Restated Credit Agreement") and our Term Loan Agreement include financial
and other covenants that impose restrictions on our financial and business
operations; our operations may be affected by regulatory changes related to
climate change and greenhouse gas emissions; 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 Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Abercrombie & Fitch Co via Thomson Reuters ONE
[HUG#1676614]
