Advance Auto Parts 2013 Annual Report Download - page 14

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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 (the
“Securities Act”) and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”). 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;
the risk that the anticipated benefits of the acquisition of General Parts International, Inc. (“GPI”), including synergies, may not be
fully realized or may take longer to realize than expected, that we may experience difficulty integrating GPI’s operations into our
operations, or that management's attention may be diverted from our other businesses in association with the acquisition of GPI;
the possibility that the acquisition of GPI may not advance our business strategy or prove to be an accretive investment or may
impact third-party relationships, including customers, wholesalers, independently-owned and jobber stores and suppliers;
the risk that the additional indebtedness from the new financing agreements in association with the acquisition of GPI may limit our
operating flexibility or otherwise strain our liquidity and financial condition;
the risk that we may experience difficulty retaining key GPI employees;
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 dependence on our suppliers to provide us with products that comply with safety and quality standards;
our ability to attract and retain qualified employees, or Team Members;
the potential for fluctuations in the market price of our common stock and the resulting exposure to securities class action litigation;
deterioration in general macro-economic conditions, including unemployment, inflation or deflation, consumer debt levels, high
fuel and energy costs, higher tax rates or uncertain credit markets;
regulatory and legal 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;
a security breach or other cyber security incident;
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.