Haemonetics has provided the following summary of our fiscal 2019 guidance for convenience only. For a full discussion of our fiscal 2019 guidance please see our November 6, 2018 earnings release for the second quarter of fiscal 2019 (a link to which is available here), which qualifies the following summary in its entirety.
About Haemonetics' Guidance Policy:
Our business planning process is designed to maximize the long-term strength, growth and profitability of the Company, not to achieve an earnings target in any particular quarter. We believe that this longer-term focus is in the best interests of the Company and our stockholders. However, we do recognize that it may be helpful to provide investors with guidance as to what we think will be our future net sales and earnings. Accordingly, it is our objective to provide guidance as to our expected net sales and earnings on an annual basis. While we generally expect to provide updates to that guidance when we report our results each fiscal quarter, if appropriate, we assume no responsibility to update any of our forward-looking statements at such times or otherwise.
In all of our public statements when we make or update a forward-looking statement about our sales and/or earnings expectations, we accompany such statements directly, or by reference to our SEC filings, with a list of factors that could cause our actual results to differ materially from those we expect. Such a list is included, among other places, in our earnings press releases and in our periodic reports and other filings with the Securities and Exchange Commission, including our reports on Form 10-K and Form 10-Q. The Company does not undertake to update these forward-looking statements.
Outside analysts, like all investors, have the right to make their own predictions as to what the Company’ s financial results will be in a given fiscal year or quarter or even in future years. Outside analysts, however, have access to no more material information about the Company’s plans than any other public investor, and the Company does not endorse their predictions as to our future performance. Nor does the Company assume any responsibility to correct the predictions of outside analysts or others when they differ from the Company’s own internal expectations. However, the Company recognizes that actual results may differ from those that outside analysts or others have been predicting; in such a case, the market price of the Company’s securities could be affected. Investors who rely on the predictions of outside analysts or others when making investment decisions with respect to the Company’s securities do so at their own risk. The Company takes no responsibility for any losses suffered as a result of such changes in the prices of the Company's securities.