ABERCROMBIE & FITCH TO PRESENT AT THE JEFFERIES 2015 GLOBAL CONSUMER CONFERENCE
June 05 2015 - 8:45AM
New Albany, Ohio,
June 5, 2015: Abercrombie & Fitch Co. (NYSE: ANF)
today announced that Jonathan Ramsden, Chief Operating Officer will
present at the Jefferies 2015 Global Consumer Conference on
Tuesday, June 23, 2015 at 10:00 AM, Eastern Time.
The audio portion of the
presentation and the accompanying slides will be available to the
general public on the "Investors" section of the Company's website
at www.abercrombie.com at approximately 10:00 AM, Eastern Time on
Tuesday, June 23, 2015.
About Abercrombie
& Fitch
Abercrombie & Fitch Co. is a leading global specialty retailer
of high-quality, casual apparel for men, women and kids with an
active, youthful lifestyle under its Abercrombie & Fitch,
abercrombie kids and Hollister Co. brands. At the end of the
first quarter of fiscal 2015, the Company operated 789 stores in
the United States and 173 stores across Canada, Europe, Asia,
Australia and the Middle East. The Company also operates
e-commerce websites at www.abercrombie.com,
www.abercrombiekids.com, and www.hollisterco.com.
For further information, call:
Brian Logan
(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; we are currently involved in a selection process for a new
Chief Executive Officer and if this selection process is delayed
our business could be negatively impacted; 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#1924401
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