Cracker Barrel 2008 Annual Report Download - page 34

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Except for specific historical information, many of the
matters discussed in this Annual Report to Shareholders
may express or imply projections of revenues or
expenditures, plans and objectives for future operations,
growth or initiatives, expected future economic
performance or the expected outcome or impact of
pending or threatened litigation. These and similar
statements regarding events or results that CBRL Group,
Inc. (the “Company”) expects will or may occur in the
future, are forward-looking statements that involve risks,
uncertainties and other factors which may cause our
actual results and performance to differ materially from
those expressed or implied by those statements. All
forward-looking information is provided pursuant to the
safe harbor established under the Private Securities
Litigation Reform Act of 1995 and should be evaluated in
the context of these risks, uncertainties and other
factors. Forward-looking statements generally can be
identified by the use of forward-looking terminology such
as “trends,” “assumptions,” “target,” “guidance,”
“outlook,” “opportunity,” “future,” “plans,” “goals,”
“objectives,” “expectations,” “near-term,” “long-term,”
“projection,” “may,” “will,” “would,” “could,” “expect,”
“intend,” “estimate,” “anticipate,” “believe,” “potential,”
“regular,” “should,” “projects,” “forecasts” or “continue”
(or the negative or other derivatives of each of these
terms) or similar terminology. We believe the assumptions
underlying these forward-looking statements are
reasonable; however, any of the assumptions could be
inaccurate, and therefore, actual results may differ
materially from those projected in or implied by the
forward-looking statements. Factors and risks that may
result in actual results differing from this forward-looking
information include, but are not limited to, those
summarized below, as well as other factors discussed
throughout this document, including, without limitation,
the factors described under “Critical Accounting
Estimates” on pages 44 to 49 of this Annual Report or,
from time to time, in the Company’s filings with the
Securities and Exchange Commission (“SEC”), press
releases and other communications.
Readers are cautioned not to place undue reliance on
forward-looking statements made in this document, since
the statements speak only as of the document’s date.
The Company has no obligation, and does not intend, to
publicly update or revise any of these forward-looking
statements to reflect events or circumstances occurring
after the date of this document or to reflect the occurrence
of unanticipated events. Readers are advised, however,
to consult any future public disclosures that the Company
may make on related subjects in its documents filed
or furnished to the SEC or in its other public disclosures.
Set forth below is a summary of the material risks
associated with our business and, therefore, any
investment in our securities. Our 2008 Annual Report on
Form 10-K, filed with the SEC on September 30, 2008
and available at sec.gov, as well as our website,
cbrlgroup.com, contains a more comprehensive discussion
of these risks, and you are encouraged to review
that Annual Report on Form 10-K and all our SEC filings.
RISKS RELATED TO OUR BUSINESS
•
General economic and business conditions as well as
those specific to the restaurant or retail industries that
are largely out of our control may adversely affect our
results of operations.
•
We face intense competition, and if we are unable to
continue to compete effectively, our business, financial
condition and results of operations would be adversely
affected.
•
The price and availability of food, ingredients,
merchandise and utilities used by our restaurants or
merchandise sold in our retail shop could adversely
affect our revenues and results of operations.
•
We are dependent on attracting and retaining qualified
employees while also controlling labor costs.
Forward-Looking Statements – Risk Factors