Ralph Lauren Corporation Declares Quarterly Dividend
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Ralph Lauren Home,
Lauren Ralph Lauren, RLX, Denim & Supply
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 Private Securities Litigation
Reform Act of 1995. Forward-looking statements include statements
regarding, among other things, our current expectations about the
Company's future results and financial condition, revenues, store
openings and closings, employee reductions, margins, expenses and
earnings and are indicated by words or phrases such as "anticipate,"
"estimate," "expect," "project," "we believe" and similar words or
phrases. These forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause actual results,
performance or achievements to be materially different from the future
results, performance or achievements expressed in or implied by such
forward-looking statements. Forward-looking statements are based largely
on the Company's expectations and judgments and are subject to a number
of risks and uncertainties, many of which are unforeseeable and beyond
our control. The factors that could cause actual results to materially
differ include, among others: the loss of key personnel or other changes
in our executive and senior management team or to our operating
structure and our ability to effectively transfer knowledge during
periods of transition; our ability to achieve anticipated operating
enhancements and/or cost reductions from our restructuring plans, which
could include the potential sale, discontinuance, or consolidation of
certain of our brands; our ability to successfully implement our
anticipated growth strategies and to capitalize on our repositioning
initiatives in certain brands, regions and merchandise categories; our
ability to secure the technology facilities and systems used by the
Company and those of third party service providers from, among other
things, cybersecurity breaches, acts of vandalism, computer viruses or
similar events; our exposure to currency exchange rate fluctuations from
both a transactional and translational perspective, and risks associated
with increases in the costs of raw materials, transportation, and labor;
our ability to continue to maintain our brand image and reputation and
protect our trademarks; the impact of the volatile state of the global
economy, stock markets, and other economic conditions on us, our
customers, our suppliers, and our vendors, and our ability and their
ability to access sources of liquidity; the impact of changes in
consumers’ ability or preferences to purchase premium lifestyle products
that we sell and our ability to forecast consumer demand; changes in the
competitive marketplace, including the introduction of new products or
pricing changes by our competitors, and consolidations, liquidations,
restructurings, and other ownership changes in the retail industry;
risks associated with our international operations, including risks
related to the importation and exportation of products, and risks
associated with compliance with the Foreign Corrupt Practices Act or
violations of other anti-bribery and corruption laws prohibiting
improper payments and the burdens of complying with a variety of foreign
laws and regulations, including tax laws; the impact to our business of
events of unrest and instability that are currently taking place in
certain parts of the world; our ability to continue to expand our
business internationally; changes in our effective tax rates or credit
profile and ratings within the financial community; changes in the
business of, and our relationships with, major department store
customers and licensing partners; our efforts to improve the efficiency
of our distribution system and enhance our information technology
systems and global e-commerce platform; our intention to introduce new
products or enter into or renew alliances and exclusive relationships;
our ability to access sources of liquidity to provide for our cash
needs, including our debt obligations, payment of dividends, capital
expenditures, and potential repurchases of our Class A common stock; our
ability to open new retail stores, concession shops, and e-commerce
sites in an effort to expand our direct-to-consumer presence; our
ability to make certain strategic acquisitions and successfully
integrate the acquired businesses into our existing operations; the
impact to our business resulting from potential costs and obligations
related to the early termination of our long term, non-cancellable
leases; the potential impact to the trading prices of our securities if
our Class A Common Stock share repurchase activity and/or cash dividend
rate differs from investors' expectations; our ability to maintain our
credit profile and ratings within the financial community; the potential
impact on our operations and on our customers resulting from natural or
man-made disasters; 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
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