Press release from Business Wire
Ralph Lauren Corporation Reschedules Release of Second Quarter Fiscal Year 2013 Earnings to Friday, November 2 Due to Sustained Challenges Caused by Hurricane Sandy
Tuesday, October 30, 2012
Ralph Lauren Corporation Reschedules Release of Second Quarter Fiscal Year 2013 Earnings to Friday, November 2 Due to Sustained Challenges Caused by Hurricane Sandy17:30 EDT Tuesday, October 30, 2012
NEW YORK (Business Wire) -- Ralph Lauren Corporation (NYSE: RL) today announced that, due to
extraordinary transit and communications challenges caused by Hurricane
Sandy, in addition to continuing efforts to ensure the safety of its New
York area employees, it has rescheduled the release of its Second
Quarter Fiscal Year 2013 results to approximately 8:00 A.M. Eastern on
Friday, November 2, 2012. The Company was previously scheduled to report
on Thursday, November 1, 2012.
Following the release, the Company will host a conference call for
analysts, investors and other interested parties at 9:00 A.M. Eastern on
Friday, November 2, 2012. Listeners may access a live broadcast of the
conference call on the Company's investor relations website at http://investor.ralphlauren.com
or by dialing 719-325-2243. To access the conference call, listeners
should dial in by 8:45 A.M. Eastern and request to be connected to the
Ralph Lauren Second Quarter Fiscal Year 2013 conference call.
An online archive of the broadcast will be available by accessing the
Company's investor relations website at http://investor.ralphlauren.com.
A telephone replay of the call will be available from 1:00 P.M. Eastern,
Friday, November 2, 2012 through 1:00 P.M. Eastern, Thursday, November
8, 2012 by dialing 719-457-0820 and entering passcode 5406889.
ABOUT RALPH LAUREN
Ralph Lauren Corporation (NYSE: RL) is a leader in the design, marketing
and distribution of premium lifestyle products in four categories:
apparel, home, accessories and fragrances. For more than 45 years, Ralph
Lauren's reputation and distinctive image have been consistently
developed across an expanding number of products, brands and
international markets. The Company's brand names, which include Polo by
Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren Collection, Black
Label, Blue Label, Lauren by Ralph Lauren, RRL, RLX, Rugby, Ralph Lauren
Childrenswear, Denim & Supply Ralph Lauren, American Living, Chaps and
Club Monaco, constitute one of the world's most widely recognized
families of consumer brands. For more information, go to http://investor.ralphlauren.com.
This press release and oral statements made from time to time by
representatives of the Company contain certain "forward-looking
statements" within the meaning of the federal securities laws. Forward
looking statements are made concerning current expectations about the
Company's future results and condition, including revenues, store
openings, gross margins, expenses and earnings. Actual results might
differ materially from those projected in the forward-looking
statements. Among the factors that could cause actual results to
materially differ include, among others, changes in the competitive
marketplace, including the introduction of new products or pricing
changes by our competitors, changes in the economy and other events
leading to a reduction in discretionary consumer spending; risks
associated with the Company's dependence on sales to a limited number of
large department store customers, including risks related to extending
credit to customers; risks associated with the Company's dependence on
its licensing partners for a substantial portion of its net income and
risks associated with a lack of operational and financial control over
licensed businesses; risks associated with changes in social, political,
economic and other conditions affecting foreign operations or sourcing
(including foreign exchange fluctuations, the price of raw materials and
labor costs) and the possible adverse impact of changes in import
restrictions; risks associated with uncertainty relating to the
Company's ability to implement its growth strategies or its ability to
successfully integrate acquired businesses; risks associated with our
international operations, such as violations of laws prohibiting
improper payments and the burdens of complying with a variety of foreign
laws and regulations, including tax laws; risks arising out of
litigation or trademark conflicts, and other risk factors identified in
the Company's Annual Report on Form 10-K, Form 10-Q and Form 8-K reports
filed with the Securities and Exchange Commission. The Company
undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.
Ralph LaurenInvestor Relations:James Hurley, 212-813-7862orCorporate
Communications:Julie Berman, 212-583-2262
