Advance Auto Parts 2010 Annual Report Download - page 16

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1
FORWARD-LOOKING STATEMENTS
Certain statements in this report are "forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are
usually identified by the use of words such as "anticipate," "believe," "could," "estimate," "expect," "forecast,"
"intend," "likely," "may," "plan," "position," "possible," "potential," "probable," "project," "projection," "should,"
"strategy," "will," or similar expressions. We intend for any forward-looking statements to be covered by, and we
claim the protection under, the safe harbor provisions for forward-looking statements contained in the Private
Securities Litigation Reform Act of 1995.
These forward-looking statements are based upon assessments and assumptions of management in light of
historical results and trends, current conditions and potential future developments that often involve judgment,
estimates, assumptions and projections. Forward-looking statements reflect current views about our plans, strategies
and prospects, which are based on information currently available.
Although we believe that our plans, intentions and expectations as reflected in or suggested by any forward-
looking statements are reasonable, we do not guarantee or give assurance that such plans, intentions or expectations
will be achieved. Actual results may differ materially from our anticipated results described or implied in our
forward-looking statements, and such differences may be due to a variety of factors. Our business could also be
affected by additional factors that are presently unknown to us or that we currently believe to be immaterial to our
business.
Listed below and discussed elsewhere in further detail in this report are some important risks, uncertainties and
contingencies which could cause our actual results, performance or achievements to be materially different from any
forward-looking statements made or implied in this report. These include, but are not limited to, the following:
• a decrease in demand for our products;
• competitive pricing and other competitive pressures;
• our ability to implement our business strategy;
• our ability to expand our business, including the location of available and suitable real estate for new store
locations, the integration of any acquired businesses and the continued increase in supply chain capacity
and efficiency;
• our ability to attract and retain qualified employees, or Team Members;
• deterioration in general macro-economic conditions, including unemployment, inflation or deflation,
consumer debt levels, high fuel and energy costs, uncertain credit markets or other recessionary type
conditions could have a negative impact on our business, financial condition, results of operations and cash
flows;
• regulatory and legal risks, such as environmental or OSHA risks, including being named as a defendant in
administrative investigations or litigation, and the incurrence of legal fees and costs, the payment of fines
or the payment of sums to settle litigation cases or administrative investigations or proceedings;
• business interruptions due to the occurrence of natural disasters, extended periods of unfavorable weather,
computer system malfunction, wars or acts of terrorism;
• the impact of global climate change or legal and regulatory responses to such change; and
• other statements that are not of historical fact made throughout this report, including the sections entitled
“Business,” "Management's Discussion and Analysis of Financial Condition and Results of Operations"
and "Risk Factors."
We assume no obligations to update publicly any forward-looking statements, whether as a result of new
information, future events or otherwise. In evaluating forward-looking statements, you should consider these risks and
uncertainties, together with the other risks described from time to time in our other reports and documents filed with
the Securities and Exchange Commission, or SEC, and you should not place undue reliance on those statements.