Press release from Business Wire
PVH Corp. to Host Analyst Day in New York City October 2, 2012
Thursday, September 27, 2012
PVH Corp. to Host Analyst Day in New York City October 2, 201214:24 EDT Thursday, September 27, 2012
NEW YORK (Business Wire) -- PVH Corp. (NYSE: PVH) announced today that Company management will host
the previously scheduled Analyst Day on Tuesday, October 2, 2012 in New
York City instead of Dusseldorf, Germany. A live webcast of the event
will be broadcast online beginning at 12:00 PM EDT.
The live webcast, as well as the audio replay, which will be available
beginning three hours after the conference ends, may be accessed by
logging onto www.pvh.com
and going to the Webcasts section under the Investors link. Materials
for this presentation can also be viewed on www.pvh.com
in the Webcasts section under the Investors link.
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
and included in the presentation materials, 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
become ill or limit or cease shopping in order to avoid exposure;
(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 and presentation materials will include
non-GAAP financial measures, as defined under SEC rules. Reconciliations
of these measures are included in the Company's second quarter 2012
earnings press release, which was released on August 27, 2012 and the
Company's 2011 year-end earnings press release, which was released on
March 27, 2012, both of which are available on the Company's website at http://www.pvh.com/investor_relations_press_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 and March 28, 2011. Each of these
reports, as well as the Company's Current Reports on Form 8-K furnished
to the SEC in connection with the August 27, 2012 and March 27, 2012
earnings press releases, 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 August 27, 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.
PVH Corp.Dana Perlman, 212-381-3502Treasurer
and Senior Vice President, Business Development & Investor Relationsinvestorrelations@pvh.com
