The Talbots, Inc. to Broadcast Second Quarter 2007 Earnings Results Conference Call on the Web
August 15 2007 - 1:10PM
Business Wire
The Talbots, Inc. (NYSE: TLB) invites investors to listen to a
broadcast of the Company�s conference call to discuss second
quarter 2007 earnings results. The conference call will be
broadcast live on Wednesday, August 22, 2007 at 10:00 a.m. Eastern
Time at www.thetalbotsinc.com/ir/ir.asp. The conference call, which
will last approximately one hour, will be archived online shortly
after its completion and will be available for a period of twelve
months. Participating in the call will be Arnold Zetcher, Chairman,
Trudy Sullivan, President and Chief Executive Officer, and other
members of the senior management team. 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 1,390 stores in 47 states, the
District of Columbia, Canada and the U.K., with 1,135 stores under
the Talbots brand name and 255 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,� �target,� �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, effectiveness of the Company�s brand awareness
and marketing programs, any different or any increased negative
trends in its regular-price or markdown selling, success of our
expected marketing events in driving store traffic and store and
direct marketing 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, our ability to accurately estimate and forecast future
full-price and markdown selling for each of our brands, 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, effectiveness and profitability of
new concepts, the risks associated with CEO succession, 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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