NEW YORK--(BUSINESS WIRE)--May. 24, 2012--
PVH Corp. (NYSE: PVH) announced today that Company management will
participate in the 32nd Annual Piper Jaffray Consumer
Conference on Tuesday, June 5, 2012 beginning at 8:30 A.M. Eastern Time.
A live webcast of the fireside chat will be broadcast online beginning
at 9:15 A.M. Eastern Time.
The live webcast, as well as the audio replay, which will be available
following the conference, may be accessed by logging onto www.pvh.com
and going to the News Releases page under the Investor Relations tab.
PVH Corp., one of the world’s largest apparel companies, owns and
markets the iconic Calvin Klein and Tommy Hilfiger brands
worldwide. It is the world’s largest shirt and neckwear company and
markets a variety of goods under its own brands, Van Heusen, Calvin
Klein, Tommy Hilfiger, IZOD, ARROW, Bass
and G.H. Bass & Co., and its licensed brands, including Geoffrey
Beene, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL
Michael Kors, Sean John, Chaps, Donald J. Trump
Signature Collection, JOE Joseph Abboud, DKNY, Ike
Behar and John Varvatos.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995: Forward-looking statements made during management’s appearance,
including, without limitation, statements relating to the Company’s
future revenue and earnings, plans, strategies, objectives, expectations
and intentions, are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Investors are
cautioned that such forward-looking statements are inherently subject to
risks and uncertainties, many of which cannot be predicted with
accuracy, and some of which might not be anticipated, including, without
limitation, the following: (i) the Company’s plans, strategies,
objectives, expectations and intentions are subject to change at any
time at the discretion of the Company; (ii) in connection with the
acquisition of Tommy Hilfiger B.V. and certain affiliated companies, the
Company borrowed significant amounts, may be considered to be highly
leveraged, and uses a significant portion of its cash flows to service
such indebtedness, as a result of which the Company might not have
sufficient funds to operate its businesses in the manner it intends or
has operated in the past; (iii) the levels of sales of the Company’s
apparel, footwear and related products, both to its wholesale customers
and in its retail stores, the levels of sales of the Company’s licensees
at wholesale and retail, and the extent of discounts and promotional
pricing in which the Company and its licensees and other business
partners are required to engage, all of which can be affected by weather
conditions, changes in the economy, fuel prices, reductions in travel,
fashion trends, consolidations, repositionings and bankruptcies in the
retail industries, repositionings of brands by the Company’s licensors
and other factors; (iv) the Company’s plans and results of operations
will be affected by the Company’s ability to manage its growth and
inventory; (v) the Company’s operations and results could be affected by
quota restrictions and the imposition of safeguard controls (which,
among other things, could limit the Company’s ability to produce
products in cost-effective countries that have the labor and technical
expertise needed), the availability and cost of raw materials, the
Company’s ability to adjust timely to changes in trade regulations and
the migration and development of manufacturers (which can affect where
the Company’s products can best be produced), changes in available
factory and shipping capacity, wage and shipping cost escalation, and
civil conflict, war or terrorist acts, the threat of any of the
foregoing, or political and labor instability in any of the countries
where the Company’s or its licensees’ or other business partners’
products are sold, produced or are planned to be sold or produced;
(vi) disease epidemics and health related concerns, which could result
in closed factories, reduced workforces, scarcity of raw materials and
scrutiny or embargoing of goods produced in infected areas, as well as
reduced consumer traffic and purchasing, as consumers limit or cease
shopping in order to avoid exposure or become ill; (vii) acquisitions
and issues arising with acquisitions and proposed transactions,
including without limitation, the ability to integrate an acquired
entity into the Company with no substantial adverse affect on the
acquired entity’s or the Company’s existing operations, employee
relationships, vendor relationships, customer relationships or financial
performance; (viii) the failure of the Company’s licensees to market
successfully licensed products or to preserve the value of the Company’s
brands, or their misuse of the Company’s brands and (ix) other risks and
uncertainties indicated from time to time in the Company’s filings with
the Securities and Exchange Commission.
The Company's presentation will include non-GAAP financial measures, as
defined under SEC rules. Reconciliations of these measures are included
in the Company's 2012 first quarter earnings press release, which was
issued on May 23, 2012, and are available on the Company’s website at http://www.pvh.com/news_releases.aspx.
Additional reconciliations for years 2003-2009 are available in the
Company's Current Reports on Form 8-K furnished to the SEC on March 17,
2005, March 26, 2007, March 23, 2009, March 28, 2011 and March 27, 2012.
Each of these reports is available on the Company's website at http://www.pvh.com
and the SEC's website at http://www.sec.gov.
Earnings per share guidance, revenue estimates and other guidance and
forward-looking information speak as of May 23, 2012, the date on which
they were made. The Company does not undertake any obligation to update
publicly any forward-looking statement, including, without limitation,
any estimate regarding revenue or earnings, whether as a result of the
receipt of new information, future events or otherwise.
Source: PVH Corp.
PVH Corp.
Dana Perlman, 212-381-3502
Treasurer,
Senior Vice President
Business Development & Investor
Relations
