DAX6.281-1,8%  Dow12.420-1,3%  Euro1,23760,1% 
ESt502.116-2,0%  Nas2.837-1,2%  Öl103,1-0,2% 
TDax751,1-1,8%  Nikkei8.475-1,8%  Gold1.562-0,0% 
Kurse + Charts + RealtimeNews + AnalysenFundamentalUnternehmenzugeh. WertpapiereAktion
Kurs + ChartChart (groß)News + AdhocBilanz/GuVTermineZertifikateDepot
Times + SalesChart-AnalyseAnalysenDividende/HVProfilOptionsscheineWatchlist
BörsenplätzeChartvergleichKursziele InsidertradesKnock-outsmyHome
OrderbuchRealtime StuttgartRSS Feed im ForumFondsSenden/Drucken
HistorischRealtime PushmyNews neu IR-DatenAnleihen
handeln
Diese Aktie wird nicht mehr gehandelt

13.12.2005 21:30

Senden

Ashworth, Inc. Announces a One Week Delay in Earnings Release and Reaffirms Previous Fourth Quarter Fiscal 2005 Guidance

Ashworth zu myNews hinzufügen Was ist das?


Ashworth, Inc. (Nasdaq:ASHW), a leading designer ofgolf-inspired lifestyle sportswear, today announced that it will delayits detailed earnings release by one week. The Company reiterated theguidance issued on November 29, 2005. Net revenues for the fourthquarter of 2005 are expected to grow approximately 15% toapproximately $55 million, up from $48 million in net revenues for thesame period a year ago. The Company anticipates a loss ofapproximately $2.1 million to $2.4 million or $0.15 to $0.17 perdiluted share for the fourth quarter ended October 31, 2005.

The Company reported that the focus on implementation requirementsfor its first year of Sarbanes-Oxley Section 404 compliance caused thedelay in its independent auditor's completion of the year-end audit.The Company expects to provide the detailed report on Thursday,December 22, 2005 shortly following the close of the market.

The Company also will file its annual report on Form 10-K asscheduled on or before January 17, 2006.

Conference Call and Webcast

Ashworth management will conduct a conference call and webcastproviding details on its fourth quarter results and outlook for fiscal2006 on Thursday, December 22, 2005, at 4:30 p.m. ET (1:30 p.m. PT).The call will be broadcast live over the Internet atwww.ashworthinc.com. Randall Herrel, Chairman and Chief ExecutiveOfficer, and Peter Case, Executive Vice President and Chief FinancialOfficer, will host the call.

An online archive of the broadcast will be available after thecompletion of the call and will be accessible on the Company's websiteuntil January 6, 2005. Additionally, a telephone replay will beaccessible for 48 hours by calling 1-877-519-4471 or 1-973-341-3080for international callers; enter conference ID 6777180.

About Ashworth, Inc.

Ashworth, Inc. is a designer of men's and women's golf-inspiredlifestyle sportswear distributed domestically and internationally ingolf pro shops, resorts, upscale department and specialty stores andto corporate customers. Ashworth products include three main brandextensions. Ashworth Collection(TM) is a range of upscale sportsweardesigned to be worn on and off course. Ashworth Authentics(TM)showcases popular items from the Ashworth line. Ashworth WeatherSystems(R) utilizes technology to create a balance between fashion andfunction in a variety of climatic conditions. Callaway Golf is atrademark of Callaway Golf Company. Ashworth, Inc., 2765 Loker AvenueWest, Carlsbad, CA 92008, is an Official Licensee of Callaway GolfCompany.

In July 2004, Ashworth, Inc. acquired Gekko Brands, LLC ("Gekko"),a leading designer, producer and distributor of headwear and apparelunder The Game(R) and Kudzu(R) brands. This strategic acquisitionprovides opportunity for additional growth in three new, qualitychannels of distribution for the Ashworth(R) and Callaway Golf apparelbrands as well as further growth from The Game and Kudzu brands' salesinto the Company's three traditional distribution channels. The Gamebrand products are marketed primarily under licenses to over 1,000colleges and universities, as well as to the PGA TOUR, resorts,entertainment complexes and sporting goods dealers that serve the highschool and college markets. The Game brand is one of the leadingheadwear brands in the College/Bookstore distribution channel. TheKudzu brand products are sold into the NASCAR/racing markets andthrough outdoor sports distribution channels, including fishing andhunting.

To learn more, please visit our Web site at www.ashworthinc.com.

Forward-Looking Statements

This press release contains forward-looking statements related tothe Company's market position, finances, operating results, marketingplans and strategies. Readers are cautioned not to place unduereliance on these forward-looking statements, which speak only as ofthe date hereof. These statements involve risks and uncertainties thatcould cause actual results to differ materially from those projected.These risks include the timely development and acceptance of newproducts, as well as strategic alliances, the integration of theCompany's recent acquisition, the impact of competitive products andpricing, the success of the Callaway Golf apparel product line, thepreliminary nature of bookings information, the ongoing risk of excessor obsolete inventory, potential inadequacy of booked reserves, thesuccessful operation of the new distribution facility in Oceanside,CA, and other risks described in Ashworth, Inc.'s SEC reports,including the report on Form 10-K for the year ended October 31, 2004and Form 10-Q's filed thereafter. The Company undertakes no obligationto publicly release the results of any revision of the forward-lookingstatements.

Kommentare zu diesem Artikel

Geben Sie jetzt einen Kommentar zu diesem Artikel ab.
 Kommentar hinzufügen 
  • Relevant
  • Alle
  • vom Unternehmen
Keine Nachrichten im Zeitraum eines Jahres in dieser Kategorie verfügbar.
Eventuell finden Sie Nachrichten, die älter als ein Jahr sind, im Archiv
Keine Nachrichten im Zeitraum eines Jahres in dieser Kategorie verfügbar.
Eventuell finden Sie Nachrichten, die älter als ein Jahr sind, im Archiv
Keine Nachrichten im Zeitraum eines Jahres in dieser Kategorie verfügbar.
Eventuell finden Sie Nachrichten, die älter als ein Jahr sind, im Archiv
  • Alle
  • Buy
  • Hold
  • Sell
07.06.06Update Ashworth Inc.: BuyRoth Capital
05.09.05Update Ashworth Inc.: NeutralMerriman Curhan Ford
07.06.06Update Ashworth Inc.: BuyRoth Capital
05.09.05Update Ashworth Inc.: NeutralMerriman Curhan Ford
Keine Nachrichten im Zeitraum eines Jahres in dieser Kategorie verfügbar.
Eventuell finden Sie Nachrichten die älter als ein Jahr sind im Archiv
Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Ashworth Inc. nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen
Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"

AKTIEN IN DIESEM ARTIKEL

ANZEIGE

Meistgelesene Ashworth News 1M

Keine Nachrichten gefunden.

Ashworth Peer Group News

Keine Nachrichten gefunden.

ANZEIGE

Was halten Sie von nutzergenerierten Chartanalysen auf finanzen.net?
Ich würde liebend gerne mein Wissen über Chartanalyse dem Publikum von finanzen.net zur Verfügung stellen.
Ich kenne mich bei Chartanalyse nicht so gut aus, halte nutzergenerierte Chartanalysen aber für einen echten Mehrwert.
Ich halte nichts von den Methoden der Chartanalyse und habe deshalb auch kein Interesse an nutzergenerierten Analysen.
 Abstimmen