Talbots Announces 2007 Annual Meeting to be Held May 24, 2007
March 16 2007 - 7:30AM
Business Wire
The Talbots, Inc. (NYSE:TLB) announced today that its 2007 Annual
Meeting of Shareholders will be held on Thursday, May 24, 2007 at
9:00 a.m. at The John Hancock Hotel and Conference Center, 40
Trinity Place, Boston, Massachusetts. The Talbots, Inc. is a
leading international specialty retailer and cataloger of women�s,
children�s and men�s apparel, shoes and accessories. The Company
currently operates a total of 1,368 stores in 47 states, the
District of Columbia, Canada and the U.K., with 1,127 stores under
the Talbots brand name and 241 stores under the J. Jill brand name.
Both brands target the age 35 plus customer population. Talbots
brand on-line shopping site is located at www.talbots.com and the
J. Jill brand on-line shopping site is located at www.jjill.com.
The foregoing contains forward-looking information within the
meaning of The Private Securities Litigation Reform Act of 1995.
These statements may be identified by such forward-looking
terminology as �expect,� �look,� �believe,� �anticipate,�
�outlook,� �will,� �would,� �would yield,� or similar statements or
variations of such terms. All of the �outlook� information
(including future revenues, future comparable sales, future
earnings, future EPS, and other future financial performance or
operating measures) constitutes forward-looking information. Our
outlook and other forward-looking statements are based on a series
of expectations, assumptions, estimates and projections about our
Company which involve substantial risks and uncertainty, including
assumptions and projections concerning integration costs,
purchase-related accounting adjustments, acquisition synergies and,
for each of our brands, store traffic, levels of store sales
including meeting our internal plan and budget for regular-price
selling and markdown selling for the indicated forward periods, and
customer preferences. All of our outlook information and other
forward-looking statements are as of the date of this release only.
The Company can give no assurance that such outlook or expectations
will prove to be correct and does not undertake or plan to update
or revise any �outlook� information or any other forward-looking
statements to reflect actual results, changes in assumptions,
estimates or projections, or other circumstances occurring after
the date of this release, even if such results, changes or
circumstances make it clear that any projected results will not be
realized. Any public statements or disclosures by us following this
release which modify or impact any of the outlook or other
forward-looking statements contained in or accompanying this
release will be deemed to modify or supersede such outlook, or
statements in or accompanying this release. Our forward-looking
statements involve substantial known and unknown risks and
uncertainties as to future events which may or may not occur,
including acceptance of the Company�s fashions including its
seasonal fashions, the risk that the J. Jill business will not be
successfully integrated, the risk that the J. Jill merchandise
changes will not be well accepted, the risk that the cost savings,
operational efficiencies, and other synergies from the transaction
may not be fully realized or may take longer to realize than
expected, the risk associated with integrating and operating
profitably and successfully as a multi-brand chain for the first
time, the risk that the acquisition will disrupt Talbots or J.
Jill�s core business, the reaction of Talbots and J. Jill customers
and suppliers to the changes being made within the organization as
a result of the transaction, diversion of management time on
acquisition-related issues, effectiveness of the Company�s brand
awareness and marketing programs, any different or any increased
negative trends in its regular-price or markdown selling,
effectiveness and profitability of new concepts, success of our
expected marketing events in driving sales, success of our catalogs
in driving both our direct marketing sales and in driving store
traffic, the Company�s ability to anticipate and successfully
respond to constantly changing customer tastes and preferences and
to produce the appropriate balance of merchandise offerings, the
Company�s ability to sell its merchandise at regular prices as well
as its ability to successfully execute its sale events including
the timing and levels of markdowns and appropriate balance of
available markdown inventory, any difference between estimated and
actual stock option expense, and retail economic conditions
including consumer spending. In each case, actual results may
differ materially from such forward-looking information. Certain
other factors that may cause actual results to differ from such
forward-looking statements are included in the Company�s periodic
reports filed with the Securities and Exchange Commission and
available on the Talbots website under �Investor Relations� and you
are urged to carefully consider all such factors.
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