The information included on this website and other information provided
from time to time through webcasts, conference calls, securities analyst
meetings, road show presentations, investor conferences, newsletters and
similar events and communications contains
forward-looking statements based
on current expectations and assumptions that involve
risks and uncertainties. If the risks or uncertainties ever materialize
or the assumptions prove incorrect, the results of HP Inc. and its consolidated
subsidiaries (“HP”) may
differ materially from those expressed or implied by such forward-looking
statements and assumptions.
All statements
other than statements of historical fact are statements that could be deemed
forward-looking statements, including, but not limited to, any statements regarding the potential impact of
the COVID-19 pandemic and the actions by governments, businesses and
individuals in response to the situation; projections of
net revenue, margins, expenses, effective tax rates, net earnings, net earnings
per share, cash flows, benefit plan funding, deferred taxes, share repurchases,
foreign currency exchange rates or other financial items; any projections of
the amount, timing or impact of cost savings or restructuring and other charges, planned structural cost reductions and
productivity initiatives; any statements of the plans,
strategies and objectives of management for future operations, including, but
not limited to, our business
model and transformation, our sustainability goals, our
go-to-market strategy, the execution of
restructuring plans and any resulting cost savings, net revenue or
profitability improvements or
other financial impacts; any statements concerning the
expected development, performance, market share or competitive performance
relating to products or services; any statements regarding current or future
macroeconomic trends or events and the impact of those trends and events on HP
and its financial performance; any statements regarding pending investigations,
claims or disputes; any statements of expectation or belief, including with
respect to the timing and expected benefits of acquisitions and other business
combination and investment transactions; and any statements of assumptions
underlying any of the foregoing. Forward-looking statements can also generally
be identified by words such as “future,” “anticipates,” “believes,”
“estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “will,”
“would,” “could,” “can,” “may,” and similar terms.
Risks,
uncertainties and assumptions include factors relating to the effects of the COVID-19 pandemic and
the actions by governments, businesses and individuals in response to the
situation, the effects of which may give rise to or amplify the risks
associated with many of these factors listed here; HP’s ability to execute on
its strategic plan, including the previously announced initiatives, business
model changes and transformation; execution of planned structural cost
reductions and productivity initiatives; HP’s ability to complete any
contemplated share repurchases, other capital return programs or other
strategic transactions; the need to address the many challenges facing HP’s
businesses; the competitive pressures faced by HP’s businesses; risks
associated with executing HP’s strategy and business model changes and
transformation; successfully innovating, developing and executing HP's
go-to-market strategy, including online, omnichannel and contractual sales, in
an evolving distribution and reseller landscape; the development and transition
of new products and services and the enhancement of existing products and
services to meet customer needs and respond to emerging technological trends;
successfully competing and maintaining the value proposition of HP’s products,
including supplies; the need to manage third-party suppliers, manage HP’s
global, multi-tier distribution network, limit potential misuse of pricing
programs by HP’s channel partners, adapt to new or changing marketplaces and
effectively deliver HP’s services; challenges to HP’s ability to accurately
forecast inventories, demand and pricing, which may be due to HP’s multi-tiered
channel, sales of HP’s products to unauthorized resellers or unauthorized
resale of HP’s products; integration and other risks associated with business
combination and investment transactions; the results of the restructuring
plans, including estimates and assumptions related to the cost (including any
possible disruption of HP’s business) and the anticipated benefits of the
restructuring plans; the protection of HP’s intellectual property assets,
including intellectual property licensed from third parties; the hiring and
retention of key employees; the impact of macroeconomic and geopolitical trends
and events; risks associated with HP’s international operations; the execution
and performance of contracts by HP and its suppliers, customers, clients and
partners; disruptions in operations from system security risks, data protection
breaches, cyberattacks, extreme weather conditions, medical epidemics or
pandemics such as the COVID-19 pandemic, and other natural or manmade disasters
or catastrophic events; the impact of changes to federal, state, local and
foreign laws and regulations, including environmental regulations and tax laws; potential impacts, liabilities and costs from pending
or potential investigations,
claims and disputes; and other risks that are described or updated from time to time in HP’s filings
with the Securities and Exchange Commission. HP assumes no obligation and does not intend to update these
forward-looking statements.
HP’s Investor Relations website at investor.hp.com contains a significant amount of information about HP, including
financial and other information for investors. HP encourages investors to visit
our website from time to time,
as information is updated, and new information is
posted.