Design Within Reach : Design Within Reach, Inc. Announces Second Quarter 2007 Reporting Date of August 9, 2007
08/03/2007| 12:24pm US/Eastern
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Design Within Reach, Inc. (Nasdaq:DWRI) today announced that it will
report its second quarter 2007 financial results on August 9, 2007,
after the market close. The Company will host a conference call to
discuss the results the same day. Participating in the call will be Ray
Brunner, President and Chief Executive Officer, and John Hellmann, Chief
Financial Officer.
The conference call is scheduled to begin at 1:30 p.m. Pacific (4:30
p.m. Eastern) on August 9, 2007 and will be broadcast live over the
Internet. This call is being webcast by CCBN and can be accessed at
Design Within Reach's website at http://www.dwr.com
and will be archived online within one hour of the completion of the
conference call.
About Design Within Reach, Inc.
Design Within Reach, Inc., founded in 1998 and headquartered in San
Francisco, is an integrated multi-channel provider of distinctive modern
design furnishings and accessories. The Company markets and sells its
products to both residential and commercial customers nationwide through
the DWR catalog, studios, website and direct sales force, and a single
common ?in stock and ready to ship?
inventory.
?Design Within Reach?
is a registered trademark of Design Within Reach, Inc.
This press release includes forward-looking statements, including
statements related to anticipated revenues, expenses, earnings,
operating cash flows, the outlook for Design Within Reach's
markets and the demand for its products. Factors that could cause Design
Within Reach's actual results to differ materially from these
forward-looking statements including the following: if we are unable to
continue to increase our net sales while reducing our promotional
discounts, our profitability may be impaired; if we fail to offer
merchandise that our customers find attractive, the demand for our
products may be limited; we do not have long-term vendor contracts and
as a result we may not have continued or exclusive access to products
that we sell; our business depends, in part, on factors affecting
consumer spending that are not within our control; our business will be
harmed if we are unable to implement our growth strategy successfully;
the expansion of our studio operations could result in increased
expenses with no guarantee of increased earnings; if we do not manage
our inventory levels successfully, our operating results will be
adversely affected; we depend on domestic and foreign vendors, some of
which are our competitors, for timely and effective sourcing of our
merchandise; declines in the value of the U.S. dollar relative to
foreign currencies could adversely affect our operating results; and we
face intense competition and if we are unable to compete effectively, we
may not be able to achieve and maintain profitability. Please refer to
our reports and filings with the Securities and Exchange Commission,
including our latest Annual Report on Form 10-K and Quarterly Report on
Form 10-Q, for a further discussion of these risks and uncertainties. We
also caution you not to place undue reliance on forward-looking
statements, which speak only as of the date they are made. We undertake
no obligation to update publicly any forward-looking statements to
reflect new information, events or circumstances after the date they
were made or to reflect the occurrence of unanticipated events.
Design Within Reach, Inc.
John D. Hellmann, 415-676-6500
jhellmann@dwr.com
or
Investor
Relations:
ICR, Inc.
Andrew Greenebaum/Christine Lumpkins
310-954-1100
agreenebaum@icr-online.com;
clumpkins@icr-online.com
© Business Wire 2007
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