WeightWatchers 2015 Annual Report Download - page 13

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CAUTIONARY NOTICE REGARDING FORWARD-LOOKING STATEMENTS
Except for historical information contained herein, this Annual Report on Form 10-K includes “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, or the Exchange Act, including, in particular,
the statements about our plans, strategies and prospects under the headings “Business” and “Management’s
Discussion and Analysis of Financial Condition and Results of Operations.” We have generally used the words
“may,” “will,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “plan,” “intend” and similar expressions in
this Annual Report on Form 10-K and the documents incorporated by reference herein to identify forward-
looking statements. We have based these forward-looking statements on our current views with respect to future
events and financial performance. Actual results could differ materially from those projected in these forward-
looking statements. These forward-looking statements are subject to risks, uncertainties and assumptions,
including, among other things:
• competition from other weight management industry participants or the development of more effective
or more favorably perceived weight management methods;
• our ability to continue to develop new, innovative services and products and enhance our existing
services and products or the failure of our services and products to continue to appeal to the market, or
our ability to successfully expand into new channels of distribution or respond to consumer trends;
• the ability to successfully implement new strategic initiatives;
• the effectiveness of our advertising and marketing programs, including the strength of our social media
presence;
• the impact on the Weight Watchers brand of actions taken by our franchisees, licensees, suppliers and
other partners;
• the impact of our debt service obligations and restrictive debt covenants;
• the inability to refinance our debt obligations on favorable terms or at all;
• uncertainties regarding the satisfactory operation of our information technology or systems;
• the impact of security breaches or privacy concerns;
• the recognition of asset impairment charges;
• the loss of key personnel or consultants or failure to effectively manage and motivate our workforce;
• the inability to renew certain of our licenses, or the inability to do so on terms that are favorable to us;
• the expiration or early termination by us of leases;
• risks and uncertainties associated with our international operations, including regulatory, economic,
political and social risks and foreign currency risks;
• uncertainties related to a downturn in general economic conditions or consumer confidence;
• our ability to successfully make acquisitions or enter into joint ventures, including our ability to
successfully integrate, operate or realize the anticipated benefits of such businesses;
• the seasonal nature of our business;
• the impact of events that discourage or impede people from gathering with others or accessing
resources;
• our ability to enforce our intellectual property rights both domestically and internationally, as well as
the impact of our involvement in any claims related to intellectual property rights;
• the outcomes of litigation or regulatory actions;
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