Alliance Entertainment to Host Fourth Quarter and Fiscal Year 2024 Results Conference Call on September 19 at 4:30 p.m. Eastern Time
September 05 2024 - 4:05PM
Alliance Entertainment Holding Corporation (Nasdaq: AENT), a global
distributor and wholesaler specializing in music, movies, video
games, electronics, arcades, toys, and collectibles, will hold a
conference call on Thursday, September 19, 2024, at 4:30 p.m.
Eastern Time to discuss its results for the fourth quarter and
fiscal year ended June 30, 2024. A press release detailing these
results will be issued prior to the call.
Alliance Entertainment Executive Chairman Bruce Ogilvie and CEO
and CFO Jeff Walker will host the conference call, which will be
followed by a question-and-answer session. A presentation will
accompany the call and can be viewed during the webcast or accessed
via the investor relations section of the Company’s website
here.
To access the call, please use the following information:
Date: |
Thursday, September 19, 2024 |
Time: |
4:30 p.m. Eastern Time, 1:30 p.m. Pacific Time |
Toll-free dial-in number: |
1-877-407-0784 |
International dial-in number: |
1-201-689-8560 |
Conference ID: |
13748671 |
Please call the conference telephone number 5-10 minutes prior
to the start time. An operator will register your name and
organization. If you have any difficulty connecting with the
conference call, please contact RedChip Companies at
1-407-644-4256.
The conference call will be broadcast live and available for
replay at
https://viavid.webcasts.com/starthere.jsp?ei=1686884&tp_key=bc464c4da4
and via the investor relations section of the Company's website
here.
A telephone replay of the call will be available approximately
three hours after the call concludes and can be accessed through
November 19, 2024, using the following information:
Toll-free replay number: |
1-844-512-2921 |
International replay number: |
1-412-317-6671 |
Replay ID: |
13748671 |
About Alliance Entertainment
Alliance Entertainment (NASDAQ: AENT) is a premier
distributor of music, movies, toys, collectibles, and consumer
electronics. We offer over 325,000 unique in-stock SKU’s, including
over 57,300 exclusive compact discs, vinyl LP records, DVDs,
Blu-rays, and video games. Complementing our vast media catalog, we
also stock a full array of related accessories, toys, and
collectibles. With more than thirty-five years of distribution
experience, Alliance Entertainment serves customers of
every size, providing a robust suite of services to resellers and
retailers worldwide. Our efficient processing and essential seller
tools noticeably reduce the costs associated with administrating
multiple vendor relationships, while helping omni-channel retailers
expand their product selection and fulfillment goals. For more
information, visit www.aent.com.
Forward Looking Statements
Certain statements included in this Press Release that are not
historical facts are forward-looking statements for purposes of the
safe harbor provisions under the United States Private Securities
Litigation Reform Act of 1995. Forward-looking statements generally
are accompanied by words such as “believe,” “may,” “will,”
“estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,”
“would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,”
“outlook,” and similar expressions that predict or indicate future
events or trends or that are not statements of historical matters.
These forward-looking statements include, but are not limited to,
statements regarding estimates and forecasts of other financial and
performance metrics and projections of market opportunity. These
statements are based on various assumptions, whether identified in
this Press Release, and on the current expectations of Alliance’s
management and are not predictions of actual performance. These
forward-looking statements are provided for illustrative purposes
only and are not intended to serve as and must not be relied on by
an investor as, a guarantee, an assurance, a prediction, or a
definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict and will
differ from assumptions. Many actual events and circumstances are
beyond the control of Alliance. These forward-looking statements
are subject to a number of risks and uncertainties, including risks
relating to the anticipated growth rates and market opportunities;
changes in applicable laws or regulations; the ability of Alliance
to execute its business model, including market acceptance of its
systems and related services; Alliance’s reliance on a
concentration of suppliers for its products and services; increases
in Alliance’s costs, disruption of supply, or shortage of products
and materials; Alliance’s dependence on a concentration of
customers, and failure to add new customers or expand sales to
Alliance’s existing customers; increased Alliance inventory and
risk of obsolescence; Alliance’s significant amount of
indebtedness; our ability to refinance our existing indebtedness;
our ability to continue as a going concern absent access to sources
of liquidity; risks and failure by Alliance to meet the covenant
requirements of its revolving credit facility, including a fixed
charge coverage ratio; risks that a breach of the revolving credit
facility, including Alliance’s recent breach of the covenant
requirements, could result in the lender declaring a default and
that the full outstanding amount under the revolving credit
facility could be immediately due in full, which would have severe
adverse consequences for the Company; known or future litigation
and regulatory enforcement risks, including the diversion of time
and attention and the additional costs and demands on Alliance’s
resources; Alliance’s business being adversely affected by
increased inflation, higher interest rates and other adverse
economic, business, and/or competitive factors; geopolitical risk
and changes in applicable laws or regulations; risk that the
COVID-19 pandemic, and local, state, and federal responses to
addressing the pandemic may have an adverse effect on our business
operations, as well as our financial condition and results of
operations; substantial regulations, which are evolving, and
unfavorable changes or failure by Alliance to comply with these
regulations; product liability claims, which could harm Alliance’s
financial condition and liquidity if Alliance is not able to
successfully defend or insure against such claims; availability of
additional capital to support business growth; and the inability of
Alliance to develop and maintain effective internal controls.
For investor inquiries, please contact:
Dave GentryRedChip Companies,
Inc.1-407-644-4256AENT@redchip.com
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