CWTR » Topics » CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This excerpt taken from the CWTR 8-K filed Jan 11, 2010.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

 

This news release contains “forward-looking statements” within the meaning of the securities laws, including statements relating to our expected financial results for our fourth fiscal quarter. These statements are based on management’s current expectations and are subject to a number of uncertainties, risks and assumptions that may not fully materialize or may prove incorrect.  As a result, our actual results may differ materially from those expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, but are not limited to:

 

·                  the inherent difficulty in forecasting consumer buying and retail traffic patterns and trends, which continue to be erratic and are affected by factors beyond our control, such as the current macroeconomic conditions and the global credit crisis, continuing margin pressure in the specialty retail marketplace, and competitive conditions and the possibility that because of lower than expected customer response, or because of competitive pricing pressures, we may be required to sell excess inventory at lower than expected margins, or at a loss;

·                  our potential inability to recover the substantial fixed costs of our retail store base due to sluggish sales;

 



 

·                  our potential inability to continue to fund our operations solely with operating cash as a result of either lower sales or higher than anticipated costs, or both;

·                  delays we may encounter in sourcing merchandise from our foreign and domestic vendors, including the potential inability of our vendors to finance production of the goods we order; risks related to our foreign sourcing strategy; and the possibility that foreign sourcing may not lead to any reduction of our sourcing costs or improvement in our margins;

·                  the effect of volatile energy costs on various aspects of our business, including shipping, transportation, merchandise acquisition and consumer spending;

·                  increasing competition from discount retailers and companies that have introduced concepts or products similar to ours;

·                  difficulties encountered in anticipating and managing customer returns and the possibility that customer returns will be greater than expected;

·                  the inherent difficulties in catalog management, for which we incur substantial costs prior to mailing that we may not be able to recover, and the possibility of unanticipated increases in mailing and printing costs;

·                  unexpected costs or problems associated with our efforts to manage our expanding and increasingly complex business, including our current efforts to improve key management information systems and controls;

·                  the risk that the benefits expected from our initiatives will not be achieved or may take longer to achieve than we expect;

 

and such other factors as are discussed in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission (“SEC”). You should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We are not obligated to publicly release any revisions to forward-looking statements, and disclaim any intent or obligation to update them to reflect facts or events occurring after the date of this release.

 

Contact:

Lyn Walther, Divisional Vice President, Investor Relations

Phone: 208-265-7005

Web site:  www.coldwatercreek.com

 


This excerpt taken from the CWTR 8-K filed Nov 24, 2009.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

 

This news release contains “forward-looking statements” within the meaning of the securities laws, including statements relating to our expected financial results. These statements are based on management’s current expectations and are subject to a number of uncertainties, risks and assumptions that may not fully materialize or may prove incorrect.  As a result, our actual results may differ materially from those expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, but are not limited to:

 

·                  the inherent difficulty in predicting the effectiveness of promotional discounting, as well as the difficulty in forecasting consumer buying and retail traffic patterns and trends, which continue to be erratic and are affected by factors beyond our control, such as the current macroeconomic conditions and the global credit crisis, continuing heavy promotional activity in the specialty retail marketplace, and competitive conditions and the possibility that because of lower than expected customer response, or because of competitive pricing pressures, we may be required to sell merchandise at lower than expected margins, or at a loss;

·                  our potential inability to recover the substantial fixed costs of our retail store base due to sluggish sales;

·                  our potential inability to continue to fund our operations solely with operating cash as a result of either lower sales or higher than anticipated costs, or both;

·                  delays we may encounter in sourcing merchandise from our foreign and domestic vendors, including the potential inability of our vendors to finance production of the goods we order; risks related to our foreign sourcing strategy; and the possibility that foreign sourcing may not lead to any reduction of our sourcing costs or improvement in our margins;

·                  the effect of volatile energy costs on various aspects of our business, including shipping, transportation, merchandise acquisition and consumer spending;

·                  increasing competition from discount retailers and companies that have introduced concepts or products similar to ours;

·                  difficulties encountered in anticipating and managing customer returns and the possibility that customer returns will be greater than expected;

·                  the inherent difficulties in catalog management, for which we incur substantial costs prior to mailing that we may not be able to recover, and the possibility of unanticipated increases in mailing and printing costs;

 



 

·                  unexpected costs or problems associated with our efforts to manage our expanding and increasingly complex business, including our current efforts to improve key management information systems and controls;

 

and such other factors as are discussed in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission (“SEC”). We believe that these forward-looking statements are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We do not assume any obligation to publicly release any revisions to forward-looking statements to reflect events or changes in our expectations occurring after the date of this release.

 

Contact:

Lyn Walther, Divisional Vice President, Investor Relations

Phone: 208-265-7005

Web site:  www.coldwatercreek.com

 



 

This excerpt taken from the CWTR 8-K filed Sep 17, 2009.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

 

This news release contains “forward-looking statements” within the meaning of the securities laws. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks, which could cause our actual results to differ materially from those expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, but are not limited to:

 



 

·                  the inherent difficulty in forecasting consumer buying and retail traffic patterns and trends, which continue to be erratic and are affected by factors beyond our control, such as the current macroeconomic conditions and the global credit crisis, continuing heavy promotional activity in the specialty retail marketplace, and competitive conditions and the possibility that because of lower than expected customer response, or because of competitive pricing pressures, we may be required to sell merchandise at lower than expected margins, or at a loss;

·                  the possibility that our SG&A and cash projections will not be realized, due to changing business conditions, including our potential decision to invest opportunistically in our business;

·                  our potential inability to recover the substantial fixed costs of our retail store base due to sluggish sales;

·                  our potential inability to continue to fund our operations solely with operating cash as a result of either lower sales or higher than anticipated costs, or both;

·                  delays we may encounter in sourcing merchandise from our foreign and domestic vendors, including the potential inability of our vendors to finance production of the goods we order; risks related to our foreign sourcing strategy; and the possibility that foreign sourcing may not lead to any reduction of our sourcing costs or improvement in our margins;

·                  the effect of volatile energy costs on various aspects of our business, including shipping, transportation, merchandise acquisition and consumer spending;

·                  increasing competition from discount retailers and companies that have introduced concepts or products similar to ours;

·                  difficulties encountered in anticipating and managing customer returns and the possibility that customer returns will be greater than expected;

·                  the inherent difficulties in catalog management, for which we incur substantial costs prior to mailing that we may not be able to recover, and the possibility of unanticipated increases in mailing and printing costs;

·                  unexpected costs or problems associated with our efforts to manage our expanding and increasingly complex business, including our current efforts to improve key management information systems and controls;

·                  the risk that the benefits expected from our strategic initiatives will not be achieved or may take longer to achieve than we expect;

 

and such other factors as are discussed in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission. You should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We are not obligated to publicly release any revisions to forward-looking statements, and disclaim any intent or obligation to update them to reflect facts or events occurring after the date of this release.

 

2


This excerpt taken from the CWTR 8-K filed Aug 26, 2009.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

 

This news release contains “forward-looking statements” within the meaning of the securities laws, including, among other things, statements regarding our expected results of operations for the third fiscal quarter, our expected SG&A expenses for fiscal 2009, and our cash expected at fiscal year end. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks, which could cause our actual results to differ materially from those expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, but are not limited to:

 

·                  the inherent difficulty in forecasting consumer buying and retail traffic patterns and trends, which continue to be erratic and are affected by factors beyond our control, such as the current macroeconomic conditions and the global credit crisis, continuing heavy promotional activity in the specialty retail marketplace, and competitive conditions and the possibility that because of lower than expected customer response, or because of competitive pricing pressures, we may be required to sell merchandise at lower than expected margins, or at a loss;

·                  the possibility that our SG&A and cash projections will not be realized, due to changing business conditions, including our potential decision to invest opportunistically in our business;

·                  our potential inability to recover the substantial fixed costs of our retail store base due to sluggish sales;

·                  our potential inability to continue to fund our operations solely with operating cash as a result of either lower sales or higher than anticipated costs, or both;

·                  delays we may encounter in sourcing merchandise from our foreign and domestic vendors, including the potential inability of our vendors to finance production of the goods we order; risks related to our foreign sourcing strategy; and the possibility that foreign sourcing may not lead to any reduction of our sourcing costs or improvement in our margins;

·                  the effect of volatile energy costs on various aspects of our business, including shipping, transportation, merchandise acquisition and consumer spending;

·                  increasing competition from discount retailers and companies that have introduced concepts or products similar to ours;

·                  difficulties encountered in anticipating and managing customer returns and the possibility that customer returns will be greater than expected;

·                  the inherent difficulties in catalog management, for which we incur substantial costs prior to mailing that we may not be able to recover, and the possibility of unanticipated increases in mailing and printing costs;

 



 

·                  unexpected costs or problems associated with our efforts to manage our expanding and increasingly complex business, including our current efforts to improve key management information systems and controls;

·                  the risk that the benefits expected from our strategic initiatives will not be achieved or may take longer to achieve than we expect;

 

and such other factors as are discussed in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission. You should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We are not obligated to publicly release any revisions to forward-looking statements, and disclaim any intent or obligation to update them to reflect facts or events occurring after the date of this release.

 

 

Contact:

Lyn Walther, Divisional Vice President, Investor Relations

Phone: 208-265-7005

Web site: www.coldwatercreek.com

 



 

This excerpt taken from the CWTR 8-K filed May 27, 2009.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

 

This news release contains “forward-looking statements” within the meaning of the securities laws, including statements relating to our future operating plans and financial results. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our actual results to differ materially from those expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, but are not limited to:

 

·

the inherent difficulty in forecasting consumer buying and retail traffic patterns and trends, which continue to be erratic and are affected by factors beyond our control, such as the current macroeconomic conditions and the global credit crisis, continuing heavy promotional activity in the specialty retail marketplace, and competitive conditions and the possibility that because of lower than expected customer response, or because of competitive pricing pressures, we may be required to sell merchandise at lower than expected margins, or at a loss;

 



 

·

the possibility that our SG&A and cash projections will not be realized, due to changing business conditions, including our potential decision to invest opportunistically in our business;

·

our potential inability to recover the substantial fixed costs of our retail store base due to sluggish sales;

·

our potential inability to continue to fund our operations solely with operating cash as a result of either lower sales or higher than anticipated costs, or both;

·

delays we may encounter in sourcing merchandise from our foreign and domestic vendors, including the potential inability of our vendors to finance production of the goods we order; risks related to our foreign sourcing strategy; and the possibility that foreign sourcing may not lead to any reduction of our sourcing costs or improvement in our margins;

·

because we currently are carrying relatively low levels of inventory, we may not have sufficient merchandise to meet demand, which may result in lost sales and lower customer satisfaction;

·

the effect of volatile energy costs on various aspects of our business, including shipping, transportation, merchandise acquisition and consumer spending;

·

increasing competition from discount retailers and companies that have introduced concepts or products similar to ours;

·

unexpected costs or problems associated with our efforts to manage our expanding and increasingly complex business, including our current efforts to improve key management information systems and controls;

·

the risk that the benefits expected from our strategic initiatives will not be achieved or may take longer to achieve than we expect;

 

and such other factors as are discussed in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”). We believe that these forward-looking statements are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We are not obligated to publicly release any revisions to forward-looking statements to reflect events after the date of this release. We provide a detailed discussion of risk factors in periodic SEC filings, and you are encouraged to review these filings in connection with this release.

 

Contact:

Lyn Walther, Divisional Vice President, Investor Relations

Phone: 208-265-7005

Web site: www.coldwatercreek.com

 



 

This excerpt taken from the CWTR 8-K filed Mar 4, 2009.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

 

This news release contains “forward-looking statements” within the meaning of the securities laws, including statements relating to our future operating plans and financial results. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our actual results to differ materially from those expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, but are not limited to:

 

·                  the inherent difficulty in forecasting consumer buying and retail traffic patterns and trends, which continue to be erratic and are affected by factors beyond our control, such as the current macroeconomic conditions and the global credit crisis, continuing heavy promotional activity in the specialty retail marketplace, weather, and competitive conditions and the possibility that because of lower than expected customer response we may be required to sell merchandise at lower than expected margins, or at a loss;

·                  the possibility that, due to further declines in our sales, our financial condition may be negatively impacted and we may not be as able to maintain sufficient working capital in the future, and as a result our cash balances may decrease, requiring us to borrow under our credit facility;

·                  the possibility that should we need to access it in the future, our credit facility may not be available in full, or at all, for future borrowings due to borrowing base and other limitations therein;

·                  our potential inability to recover the substantial fixed costs of our retail expansion due to sluggish sales;

·                  our potential inability to continue to fund our retail expansion with operating cash as a result of either lower sales or higher than anticipated costs, or both;

·                  delays we may encounter in sourcing merchandise from our foreign and domestic vendors, risks related to our foreign sourcing strategy, and the possibility, that foreign sourcing may not lead to any reduction of our sourcing costs or improvement in our margins;

·                  the effect of volatile energy costs on various aspects of our business, including shipping, transportation, merchandise acquisition and consumer spending;

·                  increasing competition from discount retailers and companies that have introduced concepts or products similar to ours;

·                  unexpected costs or problems associated with our efforts to manage our expanding and increasingly complex business, including our current efforts to improve key management information systems and controls;

·                  difficulties encountered in anticipating and managing customer returns and the possibility that customer returns will be greater than expected;

·                  the risk that the benefits expected from our strategic initiatives will not be achieved or may take longer to achieve than we expect;

·                  risks associated with our dependence on a single distribution facility;

 



 

and such other factors as are discussed in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission (“SEC”). We believe that these forward-looking statements are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We are not obligated to publicly release any revisions to forward-looking statements to reflect events after the date of this release. We provide a detailed discussion of risk factors in periodic SEC filings, and you are encouraged to review these filings in connection with this release.

 

Contact:

 

Lyn Walther, Divisional Vice President, Investor Relations

 

Phone: 208-265-7005

 

Web site: www.coldwatercreek.com

 



 

This excerpt taken from the CWTR 8-K filed Nov 25, 2008.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

 

This news release contains “forward-looking statements” within the meaning of the securities laws, including statements relating to future store openings, cash position and other future plans and financial results. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our actual results to differ materially from those expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, but are not limited to:

 

· the inherent difficulty in forecasting consumer buying and retail traffic patterns and trends, which continue to be erratic and are affected by factors beyond our control, such as the current macroeconomic conditions and the global credit crisis, increased promotional activity in the specialty retail marketplace, weather, rising fuel costs, political and competitive conditions and the possibility that because of lower than expected customer response we may be required to sell merchandise at lower than expected margins, or at a loss;

· the possibility that our cost cutting efforts will not be successful;

· unexpected or increased costs or delays in the development and expansion of our retail chain;

· our potential inability to recover the substantial fixed costs of our retail expansion due to sluggish sales;

· our potential inability to continue to fund the needs of our business with operating cash flow as a result of either lower sales or higher than anticipated costs, or both;

· delays we may encounter in sourcing merchandise from our foreign and domestic vendors, risks related to our foreign sourcing strategy, and the possibility that foreign sourcing may not lead to any reduction of our sourcing costs or improvement in our margins;

 



 

· the effect of increased fuel costs on various aspects of our business, including shipping, transportation, merchandise acquisition and consumer spending;

· increasing competition from discount retailers and companies that have introduced concepts or products similar to ours;

· unexpected costs or problems associated with our efforts to manage our expanding and increasingly complex business, including our current efforts to improve key management information systems and controls;

· difficulties encountered in anticipating and managing customer returns and the possibility that customer returns will be greater than expected;

· the risk that the benefits expected from our strategic initiatives will not be achieved or may take longer to achieve than we expect;

· the inherent difficulties in catalog management, for which we incur substantial costs prior to mailing that we may not be able to recover, and the possibility of unanticipated increases in mailing and printing costs;

· risks associated with our dependence on a single distribution facility;

 

and such other factors as are discussed in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission (“SEC”). We believe that these forward-looking statements are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We are not obligated to publicly release any revisions to forward-looking statements to reflect events after the date of this release. We provide a detailed discussion of risk factors in periodic SEC filings, and you are encouraged to review these filings in connection with this release.

 



 

Contact:

ICR,  Inc.

Andrew Greenebaum / Laura Miller

310-954-1100

 



 

This excerpt taken from the CWTR 8-K filed Aug 27, 2008.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

 

This news release contains “forward-looking statements” within the meaning of the securities laws, including statements relating to our projected fiscal 2008 sales, earnings (loss) per share and store openings. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our actual results to differ materially from those expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, but are not limited to:

 

·                  the inherent difficulty in forecasting consumer buying and retail traffic patterns and trends, which continue to be erratic and are affected by factors beyond our control, such as increased promotional activity in the specialty retail marketplace, weather, rising fuel costs, economic, political and competitive conditions and the possibility that because of lower than expected customer response we may be required to sell merchandise at lower than expected margins, or at a loss;

 

·                  the possibility that our cost cutting efforts will not be successful;

 



 

·                  unexpected or increased costs or delays in the development and expansion of our retail chain, such as delays we may encounter in securing premium retail space for our stores;

 

·                  our potential inability to recover the substantial fixed costs of our retail expansion due to sluggish sales;

 

·                  our potential inability to continue to fund our retail expansion with operating cash as a result of either lower sales or higher than anticipated costs, or both;

 

·                  delays we may encounter in sourcing merchandise from our foreign and domestic vendors, and risks related to our foreign sourcing strategy, which include weakness in the U.S. dollar, additional costs of doing business overseas, transportation delays, and political and economic instability, and the possibility, therefore, that foreign sourcing may not lead to any reduction of our sourcing costs or improvement in our margins;

 

·                  the effect of increased fuel costs on various aspects of our business, including shipping, transportation, merchandise acquisition and consumer spending;

 

·                  increasing competition from discount retailers and companies that have introduced concepts or products similar to ours;

 

·                  unexpected costs or problems associated with our efforts to manage our expanding and increasingly complex business, including our current efforts to improve key management information systems and controls;

 

·                  difficulties encountered in anticipating and managing customer returns and the possibility that customer returns will be greater than expected;

 

·                  the risk that the benefits expected from our strategic initiatives will not be achieved or may take longer to achieve than we expect;

 

·                  the inherent difficulties in catalog management, for which we incur substantial costs prior to mailing that we may not be able to recover, and the possibility of unanticipated increases in mailing and printing costs;

 

·                  risks associated with our dependence on a single distribution facility;

 

·                  risks associated with a failure by independent manufacturers to comply with our quality, product safety and labor practices requirements;

 

·                  our ability to hire, retain and train key personnel;

 

and such other factors as are discussed in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (“SEC”). We believe that these forward-looking statements are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We are not obligated to publicly release any revisions to forward-looking statements to reflect events after the date of this release. We provide a detailed discussion of risk factors in periodic SEC filings, and you are encouraged to review these filings in connection with this release.

 



 

Contact:

COLDWATER CREEK INC.

Marie Hirsch

Director of Investor Relations

208-265-7354

 



 

This excerpt taken from the CWTR 8-K filed Jul 14, 2008.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

 

This news release contains “forward-looking statements” within the meaning of the securities laws, including statements relating to our projected fiscal 2008 sales, earnings (loss) per share, store openings, capital expenditures, expenses and inventory levels. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our actual results to differ materially from those expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, but are not limited to:

 

·                  the inherent difficulty in forecasting consumer buying and retail traffic patterns and trends, which continue to be erratic and are affected by factors beyond our control, such as increased promotional activity in the specialty retail marketplace, weather, rising fuel costs, economic, political and competitive conditions and the possibility that because of lower than expected customer response we may be required to sell merchandise at lower than expected margins, or at a loss;

·                  the possibility that our cost cutting efforts will not be successful;

·                  unexpected or increased costs or delays in the development and expansion of our retail chain, such as delays we may encounter in securing premium retail space for our stores;

·                  our potential inability to recover the substantial fixed costs of our retail expansion due to sluggish sales;

·                  our inability to continue to fund our retail expansion with operating cash as a result of either lower sales or higher than anticipated costs, or both;

·                  delays we may encounter in sourcing merchandise from our foreign and domestic vendors, and risks related to our foreign sourcing strategy, which include weakness in the U.S. dollar, additional costs of doing business overseas, transportation delays, and political and economic instability, and the possibility, therefore, that foreign sourcing may not lead to any reduction of our sourcing costs or improvement in our margins;

·                  the effect of increased fuel costs on various aspects of our business, including shipping, transportation, merchandise acquisition and consumer spending;

·                  increasing competition from discount retailers and companies that have introduced concepts or products similar to ours;

·                  unexpected costs or problems associated with our efforts to manage our expanding and increasingly complex business, including our current efforts to improve key management information systems and controls;

·                  uncertainties related to our shift to a triple-channel model, in particular, the effects of shifting patterns of e-commerce or retail purchases versus catalog purchases;

 



 

·                  difficulties encountered in anticipating and managing customer returns and the possibility that customer returns will be greater than expected;

·                  the risk that the benefits expected from our strategic initiatives will not be achieved or may take longer to achieve than we expect;

·                  the inherent difficulties in catalog management, for which we incur substantial costs prior to mailing that we may not be able to recover, and the possibility of unanticipated increases in mailing and printing costs;

·                  new interpretations of or changes to current accounting rules;

·                  risks associated with our dependence on a single distribution facility;

·                  risks associated with a failure by independent manufacturers to comply with our quality, product safety and labor practices requirements;

·                  our ability to hire, retain and train key personnel;

 

and such other factors as are discussed in our most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”). We believe that these forward-looking statements are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We are not obligated to publicly release any revisions to forward-looking statements to reflect events after the date of this release. We provide a detailed discussion of risk factors in periodic SEC filings, and you are encouraged to review these filings in connection with this release.

 

Contact:

     COLDWATER CREEK INC.

     Marie Hirsch

     Director of Investor Relations

     208-265-7354

 


This excerpt taken from the CWTR 8-K filed May 28, 2008.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

 

This news release contains “forward-looking statements” within the meaning of the securities laws, including statements relating to our projected fiscal 2008 sales, earnings (loss) per share, store openings, capital expenditures, expenses and inventory levels. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks, as well as assumptions that if they do not fully materialize or prove incorrect, could cause our actual results to differ materially from those expressed or implied by the forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, but are not limited to:

 

·                  the inherent difficulty in forecasting consumer buying and retail traffic patterns and trends, which continue to be erratic and are affected by factors beyond our control, such as increased promotional activity in the specialty retail marketplace, weather, rising fuel costs, economic, political and competitive conditions and the possibility that because of lower than expected customer response we may be required to sell merchandise at lower than expected margins, or at a loss;

 

·                  the possibility that our cost cutting efforts will not be successful;

 

·                  unexpected or increased costs or delays in the development and expansion of our retail chain, such as delays we may encounter in securing premium retail space for our stores;

 

·                  our potential inability to recover the substantial fixed costs of our retail expansion due to sluggish sales;

 

·                  our inability to continue to fund our retail expansion with operating cash as a result of either lower sales or higher than anticipated costs, or both;

 

·                  delays we may encounter in sourcing merchandise from our foreign and domestic vendors, and risks related to our foreign sourcing strategy, which include weakness in the U.S. dollar, additional costs of doing business overseas, transportation delays, and political and economic instability, and the possibility, therefore, that foreign sourcing may not lead to any reduction of our sourcing costs or improvement in our margins;

 

·                  the effect of increased fuel costs on various aspects of our business, including shipping, transportation, merchandise acquisition and consumer spending;

 



 

·                  increasing competition from discount retailers and companies that have introduced concepts or products similar to ours;

 

·                  unexpected costs or problems associated with our efforts to manage our expanding and increasingly complex business, including our current efforts to improve key management information systems and controls;

 

·                  uncertainties related to our shift to a triple-channel model, in particular, the effects of shifting patterns of e-commerce or retail purchases versus catalog purchases;

 

·                  difficulties encountered in anticipating and managing customer returns and the possibility that customer returns will be greater than expected;

 

·                  the risk that the benefits expected from our strategic initiatives will not be achieved or may take longer to achieve than we expect;

 

·                  the inherent difficulties in catalog management, for which we incur substantial costs prior to mailing that we may not be able to recover, and the possibility of unanticipated increases in mailing and printing costs;

 

·                  new interpretations of or changes to current accounting rules;

 

·                  risks associated with our dependence on a single distribution facility;

 

·                  risks associated with a failure by independent manufacturers to comply with our quality, product safety and labor practices requirements;

 

·                  our ability to hire, retain and train key personnel;

 

and such other factors as are discussed in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”). We believe that these forward-looking statements are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We are not obligated to publicly release any revisions to forward-looking statements to reflect events after the date of this release. We provide a detailed discussion of risk factors in periodic SEC filings, and you are encouraged to review these filings in connection with this release.

 

Contact:

 

COLDWATER CREEK INC.

Marie Hirsch

Director of Investor Relations

208-265-7354

 



 

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J.C. Penney (JCP)
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