Ashworth Inc. to Broadcast Review of First Quarter 2001 Results Over the Internet.Business Editors CARLSBAD, Calif.--(BUSINESS WIRE)--Feb. 22, 2001 Ashworth Inc. (Nasdaq:ASHW) invites investors to listen to a broadcast of the company's conference call to discuss first quarter 2001 results. The call will be broadcast live over the Internet on Wednesday, Feb. 28, 2001 at 11:00 a.m. (Eastern Time) and can be accessed by visiting the company's investor relations Investor relations The process by which the corporation communicates with its investors. page at http://www.Ashworthinc.com. Randall Herrel, chief executive officer, and Terence Tsang, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and chief financial officer, will host the call. An online archive of the broadcast will be available within one hour of the completion of the call and will be accessible on the company's Web site until March 9, 2001. Ashworth Inc. is a Southern California-based designer of men's and women's golf-inspired lifestyle sportswear distributed domestically and internationally in golf pro shops, resorts and upscale department and specialty stores Noun 1. specialty store - a store that sells only one kind of merchandise shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod" . Visit our Web site at www.Ashworthinc.com. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. related to the company's market position, finances, marketing plans and strategies. These statements involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks include the timely development and acceptance of new products, the impact of competitive products and pricing, the success of the women's and corporate divisions, the preliminary nature of bookings information, the ongoing risk of excess or obsolete inventory Obsolete Inventory Term that refers to inventory that is at the end of its product life cycle and has not seen any sales or usage for a set period of time usually determined by the industry. This type of inventory has to be written down and can cause large losses for a company. , potential inadequacy of booked reserves and other risks described in Ashworth Inc.'s SEC reports, including the report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Oct. 31, 1999. |
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