Abercrombie & Fitch Co. : ABERCROMBIE & FITCH TO ANNOUNCE FOURTH QUARTER 2011 EARNINGS RESULTS FEBRUARY 15, 2012 AT 8:30 AM EST
02/10/2012| 09:10am US/Eastern

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ABERCROMBIE & FITCH TO ANNOUNCE FOURTH QUARTER 2011 EARNINGS
RESULTS FEBRUARY 15, 2012 AT 8:30 AM EST
th, 2012, at 8:30 a.m. EST. The earnings press release
is scheduled to cross the wire shortly after 7:00 a.m. EST.
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What:
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Abercrombie & Fitch Fourth Quarter Fiscal 2011 Earnings
Call
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When:
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8:30 a.m. EST Wednesday, February 15th, 2012
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Where:
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http://www.abercrombie.com
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How:
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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:
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Domestic Dial-In Number: 1-888-510-1768, ask for the
Abercrombie & Fitch quarterly call.
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Domestic Replay Number: 1-888-203-1112, conference ID
number 2794975
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International Dial-In Number: 1-719-325-2145
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International Replay Number: 1-719-457-0820, conference
ID number 2794975
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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, Eastern Time on Wednesday, February 15th.
At the end of Fiscal 2011, the Company operated a total of
1,045 stores. The Company operated 280 Abercrombie &
Fitch stores, 154 abercrombie kids stores, 494 Hollister Co.
stores and 18 Gilly Hicks stores in the United States.
The Company operated 14 Abercrombie & Fitch stores,
five abercrombie kids stores, 77 Hollister Co. stores and
three Gilly Hicks store internationally. The Company operates
e-commerce websites at www.abercrombie.com,
www.abercrombiekids.com, www.hollisterco.com and www.gillyhicks.com.
For further information, call:
Eric Cerny
Senior Manager, Investor Relations
(614) 283-6385
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 29, 2011, in some cases have affected and in
the future could affect the Company's financial
performance and could cause actual results for the 2011
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; the costs associate with 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 will 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 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 one third-party distribution center
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 and other
unexpected events, any of which could result in an
interruption in our business and adversely affect our
operating results; our litigation exposure could exceed
expectations, having 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; reduced
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 credit
agreement includes financial and other covenants that impose
restrictions on our financial and business operations; and
our operations may be affected by regulatory changes related
to climate change and greenhouse gas emissions.
HUG#1584467
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