Dollar General 2007 Annual Report Download - page 12
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10
Available Information
Our Web site address is www.dollargeneral.com. We make available through this
address, without charge, our annual report on Form 10-K, quarterly reports on Form 10-Q,
current reports on Form 8-K and amendments to those reports filed or furnished pursuant to
Section 13(a) or 15(d) of the Exchange Act as soon as reasonably practicable after they are
electronically filed or furnished to the SEC.
ITEM 1A. RISK FACTORS
Investing in our securities involves a degree of risk. Persons buying our securities should
carefully consider the risks described below and the other information contained in this report
and other filings that we make from time to time with the SEC, including our consolidated
financial statements and accompanying notes. Any of the following risks could materially and
adversely affect our business, financial condition or results of operations. In addition, the risks
described below are not the only risks facing us. Additional risks and uncertainties not currently
known to us or those we currently view to be immaterial also may materially and adversely
affect our business, financial condition or results of operations. In any such case, the trading
price of our securities could decline or we may not be able to make payments of principal and
interest on our outstanding notes, and you may lose all or part of your original investment.
The fact that we have substantial debt could adversely affect our ability to raise additional
capital to fund our operations, limit our ability to react to changes in the economy or our
industry, expose us to interest rate risk to the extent of our variable rate debt and prevent
us from meeting our obligations under our outstanding debt securities.
We have substantial debt which could have important consequences, including:
• making it more difficult for us to make payments on our outstanding debt;
• increasing our vulnerability to general economic and industry conditions;
• requiring a substantial portion of our cash flow from operations to be dedicated to the
payment of principal and interest on our indebtedness, therefore reducing our ability
to use our cash flow to fund our operations, capital expenditures and future business
opportunities;
• exposing us to the risk of interest rate fluctuations as certain of our borrowings bear
interest based on market interest rates;
• limiting our ability to obtain additional financing for working capital, capital
expenditures, debt service requirements, acquisitions and general corporate or other
purposes; and
• limiting our ability to adjust to changing market conditions and placing us at a
competitive disadvantage compared to our competitors who are less highly leveraged.