Goody's Family Clothing Announces a Short Delay in Reporting Financial Results for the Third Quarter of 2005
15 November 2005 - 10:46AM
PR Newswire (US)
KNOXVILLE, Tenn., Nov. 14 /PRNewswire-FirstCall/ -- Goody's Family
Clothing, Inc. (NASDAQ:GDYS) today reported the following: With the
signing on October 27, 2005, of a definitive agreement providing
for affiliates of GMM Capital LLC and Prentice Capital Management,
LP to acquire Goody's, the Company will be delayed in releasing its
financial results for the third quarter of fiscal 2005. The Company
now expects to release financial results for the third quarter of
fiscal 2005 by Wednesday, November 23, 2005. The Company had
previously announced that its financial results would be released
on Wednesday, November 16, 2005. This press release contains
certain forward-looking statements that are based upon current
expectations, business plans and estimates and involve material
risks and uncertainties. Readers are cautioned that any such
forward-looking statement is not a guarantee of future results and
involves risks and uncertainties, and that actual results may
differ materially from those projected in the forward- looking
statements. The Company does not undertake to publicly update or
revise its forward-looking statements even if experience or future
changes make it clear that any projected results expressed or
implied therein will not be realized. Additional information on
risk factors that could potentially affect the Company's financial
results may be found in the Company's 2004 Annual Report on Form
10-K filed with the Securities and Exchange Commission. Certain of
such filings may be accessed through the Company's web site,
http://www.goodysonline.com/, then choose "SEC Filings." Goody's,
headquartered in Knoxville, Tennessee, is a retailer of moderately
priced family apparel, and with the re-opening of four stores on
Wednesday, November 9, 2005, which were closed due to recent
hurricanes, currently operates 376 stores in the 20 states of
Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa,
Kansas, Kentucky, Louisiana, Mississippi, Missouri, North Carolina,
Ohio, Oklahoma, South Carolina, Tennessee, Texas, Virginia and West
Virginia. DATASOURCE: Goody's Family Clothing, Inc. CONTACT: Edward
R. Carlin, Chief Financial Officer of Goody's Family Clothing,
Inc., +1-865-966-2000 Web site: http://www.goodysonline.com/
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