Panera Bread 2013 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, future earnings per share, and
the impact of our investments in sales-building initiatives and operational capabilities on future sales
and earnings, contain forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These
statements are often identified by the words “believe,” “positioned,” “estimate,” “project,” “target,”
“plan,” “goal,” “assumption,” “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.