Advance Auto Parts 2014 Annual Report Download - page 8

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 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.