Build-A-Bear Workshop 2009 Annual Report Download - page 13

Download and view the complete annual report

Please find page 13 of the 2009 Build-A-Bear Workshop annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 74

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74

BUILD-A-BEAR WORKSHOP, INC. 2009 FORM 10-K
This Annual Report on Form 10-K contains certain statements
that are, or may be considered to be, “forward-looking
statements” for the purpose of federal securities laws,
including, but not limited to, statements that reflect our current
views with respect to future events and financial performance.
We generally identify these statements by words or phrases
such as “may,” “might,” “should,” “expect,” “plan,”
“anticipate,” “believe,” “estimate,” “intend,” “predict,”
“future,” “potential” or “continue,” the negative or any
derivative of these terms and other comparable terminology.
These forward-looking statements, which are subject to risks,
uncertainties and assumptions about us, may include, among
other things, projections or statements regarding:
our future financial performance;
our anticipated operating and growth strategies;
our future capital expenditures;
our anticipated rate of store openings;
our anticipated store opening costs; and
our franchisees’ anticipated rate of international store
openings.
These statements are only predictions based on our
current expectations and projections about future events.
Because these forward-looking statements involve risks and
uncertainties, there are important factors that could cause our
actual results, level of activity, performance or achievements
to differ materially from the results, level of activity,
performance or achievements expressed or implied by these
forward-looking statements, including those factors discussed
under the caption entitled “Risk Factors” as well as other
places in this Annual Report on Form 10-K.
We operate in a competitive and rapidly changing
environment. New risk factors emerge from time to time and it
is not possible for management to predict all the risk factors,
nor can it assess the impact of all the risk factors on our
business or the extent to which any factor, or combination of
factors, may cause actual results to differ materially from those
contained in any forward-looking statements. Given these risks
and uncertainties, you should not place undue reliance on
forward-looking statements, which speak only as of the date
of this Annual Report on Form 10-K, as a prediction of actual
results.
You should read this Annual Report on Form 10-K
completely and with the understanding that our actual results
may be materially different from what we expect. Except as
required by law, we undertake no duty to update these
forward-looking statements, even though our situation may
change in the future. We qualify all of our forward-looking
statements by these cautionary statements.
3
Forward-Looking Statements