Certain matters discussed in this filing are
“forward-looking statements,” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995.
Statements other than statements of historical fact are considered forward-looking statements. These statements may be identified by the use of forward-looking words or phrases such as
“anticipate,” “believe,” “confident,” “could,” “expect,”
“intend,” “may,” “planned,”’
“potential,” “should,” “will,” “would” or the negative of those terms or other words of similar meaning. Such forward-looking statements are subject to certain risks and uncertainties, which could cause actual results
or outcomes to differ materially from those currently anticipated. Factors that could affect actual results or outcomes include the matters described under the caption
“Risk Factors” in Item 1A of
the Company’s Form 10-K filed with the Securities
and Exchange Commission on
December 6, 2019, and the following: changes in economic conditions, consumer confidence levels and discretionary spending patterns in key markets; uncertainties stemming from changes in U.S. trade policies, tariffs, and
the reaction of other countries to such changes; the impact of global economic, political, market, health and social events or conditions (including the impact of the coronavirus);
the Company’s success in implementing its strategic plan, including
its targeted sales growth platforms, innovation focus and its increasing digital presence; litigation costs related to actions of and disputes with third parties, including competitors;
the Company’s continued success in its working capital
management and cost-structure reductions;
the Company’s success in integrating strategic acquisitions; the risk of future write-downs of goodwill or other long-lived assets; the ability of
the Company’s customers to meet payment obligations; the
impact of actions of
the Company’s competitors with respect to product development or enhancement or the introduction of new products into
the Company’s markets; movements in foreign currencies, interest rates or commodity costs; fluctuations in
the prices of raw materials or the availability of raw materials or components used by
the Company; any disruptions in
the Company’s supply chain as a result of material fluctuations in
the Company’s order volumes and requirements for raw materials
and other components necessary to manufacture and produce
the Company’s products; the success of
the Company’s suppliers and customers and the impact of any consolidation in the industries of
the Company’s suppliers and customers; the ability of
the Company to deploy its capital successfully; unanticipated outcomes related to outsourcing certain manufacturing processes; unanticipated outcomes related to litigation matters; and adverse weather conditions. Shareholders, potential investors
and other readers are urged to consider these factors in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included herein are only made as of
the date of this filing.
The Company assumes no obligation, and disclaims any obligation, to update such forward-looking statements to reflect subsequent events or circumstances.