The live webcast, as well as the replay, which will be available following the conference, may be accessed by logging onto www.pvh.com and going to the Events section under the Investors tab.
With a history going back over 135 years, PVH has excelled at growing
brands and businesses with rich American heritages, becoming one of the
largest apparel companies in the world. We have over 35,000 associates
operating in over 40 countries and over
*The Speedo brand is licensed for North America and the Caribbean in perpetuity from Speedo International Limited.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995: Forward-looking statements and information about PVH’s current
and future prospects and PVH’s operations and financial results made and
provided during management’s appearance at the conference, 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) the Company may be considered to be highly leveraged
and uses a significant portion of its cash flows to service its
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, including the Company’s ability to realize benefits from
acquisitions; (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, 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 become ill or limit or
cease shopping in order to avoid exposure; (vii) acquisitions and
divestitures and issues arising with acquisitions, divestitures and
proposed transactions, including, without limitation, the ability to
integrate an acquired entity or business into the Company with no
substantial adverse effect on the acquired entity’s, the acquired
business’s or the Company’s existing operations, employee relationships,
vendor relationships, customer relationships or financial performance,
and the disposal of the net assets of a divested entity; (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; (ix) the Company’s results could be
adversely affected by the strengthening of the U.S. dollar against
foreign currencies in which it transacts significant levels of business;
(x) the Company’s retirement plan expenses recorded throughout the year
are calculated using actuarial valuations that incorporate assumptions
and estimates about financial market, economic and demographic
conditions, and differences between estimated and actual results give
rise to gains and losses that are recorded immediately in earnings,
generally in the fourth quarter of the year; and (xi) other risks and
uncertainties indicated from time to time in the Company’s filings with
the
The Company's presentation will include non-GAAP financial measures, as
defined under
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170821005019/en/
Source:
PVH Corp.
Dana Perlman, 212-381-3502
Treasurer,
Senior Vice President
Business Development & Investor
Relations