1018840--3/29/2010--ABERCROMBIE_&_FITCH_CO

related topics

{customer, product, revenue}

{condition, economic, financial}

{acquisition, growth, future}

{system, service, information}

{product, market, service}

{loss, insurance, financial}

{operation, international, foreign}

{property, intellectual, protect}

{operation, natural, condition}

{personnel, key, retain}

{debt, indebtedness, cash}

{interest, director, officer}

{regulation, change, law}

{stock, price, operating}

{cost, operation, labor}

{financial, litigation, operation}

General Economic and Financial Conditions Could Have a Material Adverse Effect on the Company s Business, Results of Operations and Liquidity . The Loss of the Services of Skilled Senior Executive Officers Could Have a Material Adverse Effect on the Company s Business. Equity-Based Compensation Awarded Under the Employment Agreement with the Company s Chief Executive Officer Could Adversely Impact the Company s Cash Flows, Financial Position or Results of Operations and Could Have a Dilutive Effect on the Company s Outstanding Common Stock. The Failure to Anticipate, Identify and Respond to Changing Consumer Preferences and Fashion Trends in a Timely Manner Could Cause the Company s Profitability to Decline. The Company s Market Share may be Adversely Impacted at any Time by a Significant Number of Competitors. The Company s International Expansion Plan is Dependent on a Number of Factors, any of Which Could Delay or Prevent Successful Penetration into New Markets and Strain its Resources. The Company s Growth Strategy Relies on the Addition of New Stores, Which May Strain the Company s Resources and Adversely Impact Current Store Performance. The Company May Incur Costs Related to Store Closures. The Interruption of the Flow of Merchandise from Key Vendors and International Manufacturers Could Disrupt the Company s Supply Chain. The Company Does not Own or Operate any Manufacturing Facilities and Therefore Depends Upon Independent Third Parties for the Manufacture of all its Merchandise. The Company s Reliance on Two Distribution Centers Domestically Located in the Same Vicinity, and One Distribution Center Internationally, Makes it Susceptible to Disruptions or Adverse Conditions Affecting its Distribution Centers. The Company s Reliance on Third Parties to Deliver Merchandise from its Distribution Centers to its Stores and Direct-to-Consumer Customers Could Result in Disruptions to its Business. The Company s Development of New Brand Concepts Could Have a Material Adverse Effect on the Company s Financial Condition or Results of Operations. Fluctuations in Foreign Currency Exchange Rates Could Adversely Impact Financial Results. The Company s Net Sales and Inventory Levels Fluctuate on a Seasonal Basis, Causing its Results of Operations to be Particularly Susceptible to Changes in Back-to-School and Holiday Shopping Patterns. The Company s Ability to Attract Customers to its Stores Depends Heavily on the Success of the Shopping Centers in Which They are Located. Comparable Store Sales will Continue to Fluctuate on a Regular Basis. The Company s Net Sales are Affected by Direct-to-Consumer Sales. The Company May be Exposed to Risks and Costs Associated with Credit Card Fraud and Identity Theft. The Company s Litigation Exposure Could Exceed Expectations, Having a Material Adverse Effect on the Company s Financial Condition or Results of Operations. The Company s Failure to Adequately Protect Its Trademarks Could Have a Negative Impact on Its Brand Image and Limit Its Ability to Penetrate New Markets. The Company s Unsecured Credit Agreement Includes Financial and Other Covenants that Impose Restrictions on its Financial and Business Operations. Changes in Taxation Requirements Could Adversely Impact Financial Results. The Company s Inability to Obtain Commercial Insurance at Acceptable Prices or Failure to Adequately Reserve for Self-Insured Exposures Might Increase Expenses and Adversely Impact Financial Results. Modifications and/or Upgrades to Information Technology Systems may Disrupt Operations.

Full 10-K form ▸

1018840--3/29/2010--ABERCROMBIE_&_FITCH_CO_/DE/