Second Quarter 2021 Investor Presentation
Safe Harbor Statement Under The Private Securities
Litigation Reform Act of 1995
This release and related statements by management contain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of
1995), which represent our expectations or beliefs concerning future events, including third quarter and fiscal year 2021 results. All forward-looking statements
made by the company involve material risks and uncertainties and are subject to change based on many important factors, some of which may be beyond the
company's control. Words such as "estimate," "project," "plan," "believe," "expect," "anticipate," "intend," "potential," and similar expressions may identify
forward-looking statements. Except as may be required by applicable law, we undertake no obligation to publicly update or revise any forward-looking
statements whether as a result of new information, future events or otherwise and even if experience or future changes make it clear that any projected results
expressed or implied therein will not be realized. The following factors, in addition to the risks disclosed in Item 1A., Risk Factors, of our Annual Report on Form
10-K for the fiscal year ended January 30, 2021 and in any other filings that we may make with the Securities and Exchange Commission in some cases have
affected, and in the future could affect, the company's financial performance and could cause actual results for fiscal 2021 and beyond to differ materially from
those expressed or implied in any of the forward-looking statements included in this release or otherwise made by management: the negative impacts of the
COVID-19 pandemic and related operational disruptions; the risk that the company's operating, financial and capital plans may not be achieved; our inability to
anticipate customer demand and changing fashion trends and to manage our inventory commensurately; seasonality of our business; our inability to achieve
planned store financial performance; our inability to react to raw material cost, labor and energy cost increases; our inability to gain market share in the face of
declining shopping center traffic; our inability to respond to changes in e-commerce and leverage omni-channel demands; our inability to expand
internationally; difficulty with our international merchandise sourcing strategies; challenges with information technology systems, including safeguarding
against security breaches; and global economic, public health, social, political and financial conditions, and the resulting impact on consumer confidence
and consumer spending, as well as other changes in consumer discretionary spending habits, which could have a material adverse effect on our business,
results of operations and liquidity.
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