PFSweb to Delay Filing of its Second Quarter 2021 10-Q and Release of Earnings to Provide Additional Time to Account for LiveArea Divestiture
09 Août 2021 - 10:05PM
PFSweb, Inc. (NASDAQ: PFSW), a global commerce services company,
will have to delay the filing with the SEC of its second quarter
2021 Form 10-Q and release of earnings results in order to provide
necessary additional time to meet the reporting and accounting
requirements for its proposed LiveArea divestiture as a
discontinued operation and other related financial reporting
requirements associated with such divestiture.
The company is working diligently to complete and
file with the SEC, as soon as possible, its second quarter
Quarterly Report on Form 10-Q, and will announce the timing of the
related earnings conference call as soon as the Form 10-Q nears
completion.
The LiveArea sale transaction currently remains on
track to close in the third quarter of 2021, subject to customary
closing conditions.
About PFSweb, Inc.PFSweb (NASDAQ:
PFSW) is a global commerce services company that manages the online
customer shopping experience on behalf of major branded
manufacturers and retailers. Across two business units –
LiveArea for data-driven marketing and omnichannel
experience design through technology selection, platform
implementation and orchestrated services, and PFS
for order fulfillment, contact center, payment processing/fraud
management, and order management services – they provide solutions
to a broad range of Fortune 500® companies and household brand
names such as Procter & Gamble, L’Oréal USA, Champion, Pandora,
Ralph Lauren, Shiseido Americas, the United States Mint, and many
more. PFSweb enables these brands to provide a more convenient and
brand-centric online shopping experience through both traditional
and online business channels. The company is headquartered in
Allen, TX with additional locations around the globe. For more
information, visit www.pfsweb.com.
Investor Relations:Cody Slach and
Jackie KeshnerGateway Investor
Relations1-949-574-3860PFSW@gatewayir.com
Pfsweb (NASDAQ:PFSW)
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