Ralph Lauren Corporation Declares Quarterly Dividend
ABOUT
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; our ability to
achieve anticipated operating enhancements and/or cost reductions from
our restructuring plans, including our planned transition to a global
brand-based operating structure; our ability to successfully implement
our anticipated growth strategies and to capitalize on our repositioning
initiatives in certain merchandise categories; 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 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
ability to continue to maintain our brand image and reputation and
protect our trademarks; the impact of global economic conditions and
domestic and foreign currency fluctuations on the Company, the global
economy and the consumer marketplace and our ability to access sources
of liquidity; the impact of the volatile state of the global economy or
consumer preferences on purchases of premium lifestyle products that we
sell and our ability to forecast consumer demand; changes in the
competitive marketplace and in our commercial relationships; risks
associated with our international operations, such as 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 our relationships with department store
customers and licensing partners; 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; 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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