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; our ability to achieve anticipated operating enhancements
and/or cost reductions from our restructuring plans, including our
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 regions and
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 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 on purchases of premium lifestyle products that we sell and
our ability to forecast consumer demand; changes in the competitive
marketplace; 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 our
relationships with department store customers and licensing partners;
our efforts to improve the efficiency of our distribution system and
enhance our information technology systems and e-commerce platform; 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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