Advance Auto Parts 2015 Annual Report Download - page 14

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 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;
• the risk that we may experience difficulty in successfully implementing announced leadership changes, including the
failure to ensure effective transfer of knowledge necessary for the persons appointed to lead and provide results in
their new role; the potential disruption to our business resulting from announced leadership changes; the impact of
announced leadership changes on our relationships with customers, suppliers and other business partners; and our
ability to attract, develop and retain executives and other 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;
• changes to the composition of our Board of Directors and appointment of a chief executive officer in the near term;
and