Panera Bread 2012 Annual Report Download - page 6

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Matters discussed in this annual report to stockholders and in our public disclosures, whether written or oral, relating to
future events or our future performance, including any discussion, express or implied, of our anticipated growth,
operating results, plans, objectives, and future earnings per share, contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as
amended, or the Exchange Act. These statements are often identified by the words “believe,” “positioned,” “estimate,”
“project,” “target,” “plan,” “goal,” “assume,” “continue,” “intend,” “expect,” “future,” “anticipate” and other
similar expressions, whether in the negative or the affirmative, that are not statements of historical fact. These forward-
looking statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions
that are difficult to predict, and you should not place undue reliance on our forward-looking statements. Our actual
results and the timing of certain events could differ materially from those anticipated in these forward-looking statements
as a result of certain factors, including, but not limited to, those set forth under “Risk Factors” and elsewhere in this
report and in our other public filings with the Securities and Exchange Commission, or SEC. All forward-looking
statements and the internal projections and beliefs upon which we base our expectations included in this report or other
periodic reports represent our estimates as of the date made and should not be relied upon as representing our estimates
as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we
expressly disclaim any obligation to update any forward-looking statements, whether as a result of new information,
future events, or otherwise.